Mergers & Acquisitions
Topics also related to M&A;:
UPDATE 1-Dupont seeks new bids for car paint unit-sources
NEW YORK, April 13 - Chemical maker DuPont has asked private equity bidders to team up and make new offers for its car paint business after initial bids fell short of expectations, according to people familiar with the matter.
Santee Cooper seeks new partner for nuclear output
April 13 - South Carolina's state-owned electric utility, Santee Cooper, said on Friday it signed a letter of intent with a Mississippi public power agency for electricity from new nuclear reactors under construction in South Carolina.
TEXT-S&P; puts Primedia Inc. 'B' rating on watch negative
Overview -- U.S. consumer guide publisher PRIMEDIA has announced that it has entered into an agreement with eBay Inc. to acquire Rent.com at an undisclosed price. -- We are placing on our 'B' rating for the company on CreditWatch with negative implications. -- The negative CreditWatch listing reflects the potential for a downgrade if completion of the proposed transaction results in prospects of an unsatisfactory return on investment or a meaningful deterioration in cre
Five PE groups formed for DuPont car paint unit-sources
NEW YORK, April 13 - Five private equity consortia have formed to bid for chemical maker DuPont's car paint business that could be valued at as much as $4 billion, three people familiar with the matter said on Friday.
UPDATE 3-Canada's Alderon Iron partners with China's Hebei
* Deal positive for other iron ore explorers in the region
Deals of the day -- mergers and acquisitions
April 13 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday:
UPDATE 2-Merrill bankers follow Orcel to rival UBS
LONDON, April 13 - Six Bank of America Merrill Lynch bankers have followed top European dealmaker Andrea Orcel to UBS, weeks after the Swiss bank hired the Italian to co-head its investment bank in a spectacular coup.
Dollar Thrifty CEO's pay jumps 50 pct in 2011
April 13 - Car rental company Dollar Thrifty Automotive Group's chief executive earned 50 percent more in 2011, a year in which U.S. travel demand remained strong despite the global economic turbulence.
Lone Star buys former Lehman "Excalibur" assets
FRANKFURT, April 13 - Private equity company Lone Star agreed to buy the former Lehman Brothers "Excalibur" portfolio from Germany's Bundesbank, which is managing the sale of securities that the defaulted U.S. investment bank had posted as collateral for funding in 2008.
UPDATE 2-Spain warns Argentina over seizure of Repsol unit
* Spain steps up pressure on Argentina over Repsol-YPF case
![Also in Deals](https://web.archive.org/web/20120413223428im_/http://www.reuters.com/resources_v2/images/h_ma_news_by_industry.gif)
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