Deals

Glencore to lay out Xstrata merger plans

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LONDON - Glencore will this week move into the final stage of its long-awaited $30 billion takeover of miner Xstrata, as shareholders are sent detailed documents on the deal, kicking off a last charm offensive ahead of July votes.

Airtel says to roll out 3G in Rwanda in next quarter 9:15am BST

NAIROBI - India's Bharti Airtel said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.

Icahn buys Chesapeake stake, seeks board changes 26 May 2012

- Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors, saying the board has failed "in a dramatic fashion" in its oversight of management.

Renaissance unit Topaz signs first phase of $330 million debt plan 6:50am BST

DUBAI - Topaz Energy and Marine, a unit of Oman's Renaissance Services , has signed the first phase of a $330 million refinancing loan agreement with banks, its parent said in a statement to the bourse on Sunday.

IFC plans to invest in Malaysia's Khazanah healthcare arm 26 May 2012

KUALA LUMPUR - International Financial Corp (IFC) , a member of the World Bank Group, is planning to take part in the planned $1.5 billion listing of Malaysia's Integrated Healthcare Holdings (IHH) in a move to help validate IHH's emerging markets strategy, according to IFC's official website.

Bahrain's GIB sets up 3.5 billion ringgit sukuk programme 8:54am BST

DUBAI - Bahrain's Gulf International Bank has set up a 3.5 billion Malaysian ringgit ($1.11 billion) programme for potential sale of Islamic bonds, the company said on Sunday, as the lender seeks to diversify its funding sources.

Poland's PGNiG wants to invest $14 billion over 10 years: paper 26 May 2012

WARSAW - Polish gas monopoly PGNiG wants to invest about 50 billion zlotys ($14.31 billion) over the next ten years, mainly on a search for new gas and oil sources, the daily Parkiet said on Saturday.

Dubai's JAFZA gets consent to repay $2 billion sukuk early 6:40am BST

DUBAI, MAY 27 - Dubai's Jebel Ali Free Zone (JAFZA) said on Sunday it had received the consent from a majority of sukukholders for early redemption of a $2 billion-equivalent Islamic bond.

Talbots deal on hold for now, shares plunge 25 May 2012

- Shares of Talbots Inc fell 41 percent on Friday after the company said that exclusive negotiations with Sycamore Partners had ended without an agreement for the private equity firm to buy the women's apparel retailer, which can now look for other deals.

Dell-Quest deal possible over weekend: sources 25 May 2012

NEW YORK/SAN FRANCISCO - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.

Deals

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