Mergers & Acquisitions

Glencore to lay out Xstrata merger plans

* Glencore unlikely to increase offer in circular - analysts

UPDATE 4-Canada lifts threshold for foreign takeover reviews

* Deals' worth based on enterprise value, not book value (Adds comments, background)

Regulatory News, Bonds 25 May 2012

UPDATE 2-HSBC sees "no big deals" as pay row fizzles

* HSBC says 10.2 pct vote against pay plan, 13.7 pct inc abstentions

25 May 2012

UPDATE 1-Tide turning against Resolution's offshore set-up

* New rules on externally managed companies expected July (adds CEO comment)

25 May 2012

UPDATE 3-Putin tells Shtokman gas partners to hurry up

* Putin says partners should "move actively" (Recasts with Putin, Statoil, Gazprom quotes)

25 May 2012

UK's Cameron defends role in Murdoch takeover deal

LONDON, May 25 - British Prime Minister David Cameron rejected calls to fire his Culture Minister on Friday after a public inquiry heard how the minister had ignored warnings from staff to lend his support to a major Rupert Murdoch takeover deal.

Regulatory News, Media 25 May 2012

Cinven seen buying Turkey's Pronet -sources

ISTANBUL, May 25 - Private equity firm Cinven is expected to buy a majority stake in Turkish security systems company Pronet, two sources close to the deal told Reuters on Friday.

Private Capital 25 May 2012

Tide turns against Resolution's offshore structure

* New FSA rules on externally managed companies expected in July

25 May 2012

Putin says Shtokman partners should speed up project

MOSCOW, May 25 - Russian President Vladimir Putin on Friday urged partners in the Shtokman gas project, a Gazprom-led initiative to extract gas from the Arctic seabed, to speed up in making a final investment decision.

Market Movers 25 May 2012

UPDATE 3-Lehman to buy rest of Archstone for $1.58 bln

May 25 - Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for $1.58 billion.

Deals

M&A ($B)

 
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