Deals Today

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	11/28/2011
Hello Mobile carrier KDDI Corp said it would sell up to $2.6 billion of convertible bonds and use the money to buy back its own shares from Tokyo Electric. Tokyo Electric is selling off assets under a restructuring plan to raise funds to compensate victims of the Fukushima crisis. China is preparing to buy up plum assets in Europe, the commerce minister said, as the escalating debt crisis leaves countries in the region increasingly vulnerable to the deep pockets of Chinese firms. Zynga's tough work environment with its focus on metrics could cause a brain drain for the online game company, DealBook reports. "What's next for AT&T and T-Mobile? Not a merger in the near future," reports The Washington Post. ZDNet also looks at the T-Mobile deal and sees the wireless spectrum shortage as stopping AT&T from completely punting on the T-Mobile deal. LATEST NEWS Exclusive: New link emerges between Olympus and veteran banker TOKYO/HONG KONG (Reuters)- Documents unearthed by Reuters show a new link between Japan's Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company's deal-making. | Full Article Icahn offers to buy Commercial Metals for $1.73 billion November 28, 2011 10:04 AM ET (Reuters) - Carl Icahn's Icahn Enterprises LP offered to buy Commercial Metals Co for $15 per share, valuing the metals recycler at about $1.73 billion. | Full Article Cameco quits Hathor race, leaving Rio's C$654 million bid November 28, 2011 09:25 AM ET TORONTO (Reuters) - Cameco Corp said on Monday it is backing out of a bidding war for Hathor , after Anglo-Australian miner Rio Tinto sweetened its bid for the Canadian uranium explorer to C$654 million. | Full Article Steelmaker Ternium to pay $2.2 billion for Usiminas stake November 27, 2011 10:07 PM ET (Reuters) - Ternium , Latin America's second-largest steelmaker, said on Sunday it would pay $2.2 billion to buy a stake in Brazilian rival Usiminas from two of its minority shareholders, despite tough conditions for mills in the continent's largest economy. | Full Article KDDI to sell $2.6 billion in CBs, buy back shares from Tepco November 28, 2011 08:48 AM ET TOKYO (Reuters) - Mobile carrier KDDI Corp said on Monday that it would sell up to 200 billion yen ($2.6 billion) of convertible bonds and use the money to buy back its own shares from Tokyo Electric , the operator of the crippled Fukushima nuclear plant. | Full Article TOP NEWS Germany, France press coercive euro zone debt rules November 28, 2011 09:23 AM ET BERLIN/BRUSSELS (Reuters) - Germany and France stepped up a drive on Monday for coercive powers to reject national budgets in the euro zone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain. | Full Article Crisis threatens EU sovereign ratings: Moody's November 28, 2011 05:34 AM ET (Reuters) - Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings. | Full Article Pakistan warns NATO attack threatens Afghanistan peace November 28, 2011 08:33 AM ET ISLAMABAD (Reuters) - Pakistan ratcheted up pressure on NATO on Monday over a cross-border attack that killed 24 Pakistani soldiers at the weekend, threatening to drastically reduce cooperation on peace efforts in Afghanistan. | Full Article IMF denies in Italy aid talks November 28, 2011 08:58 AM ET ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to stem a full-scale debt emergency. | Full Article Insight: Euro zone staring into the abyss, waiting for ECB November 28, 2011 06:54 AM ET BRUSSELS (Reuters) - The euro zone is staring into the abyss. | Full Article TECHNOLOGY NEWS App takes business cards digital Olympus shares fall more than 10 percent Nexon pushes ahead with IPO, hacking impact looms Nokia jumps as NSN, phone demand fears ease Google seeks EU approval for Motorola Mobility deal RELATED VIDEO OECD warns urgent action needed to avoid euro break-up Euro zone seen facing risk of failed sovereign bond auctions Monster sales on 'Monday Mega' A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH No word from the sponsors for China's drama watchers Full Article Mayor ends hunger strike over cuts - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend