NEW YORK - Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan's economy minister suggested the currency might have weakened enough.
FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.
Silver Lake nears $15 billion financing for Dell buyout: report
(Reuters) - Private equity group Silver Lake Partners is close to arranging about $15 billion in financing for a buyout of Dell Inc (DELL.O), Bloomberg reported, citing people familiar with the matter.
Talks to take Dell Inc (DELL.O) private are at an advanced stage with at least four major banks lined up to provide financing, two sources with knowledge of the matter earlier told Reuters.
Silver Lake could not immediately be reached for comment by Reuters outside of regular U.S. business hours. (link.reuters.com/hup35t)
(Reporting by Sakthi Prasad in Bangalore; Editing by Richard Pullin)
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