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Zoomlion Joins Chinese Buyers' Pursuit for Industrial Assets

Chinese buyers are showing a growing interest in the beaten down industrial sector, and the latest target to enter the spotlight is U.S. crane maker Terex.

Rio Tinto Continues Coal Exodus With Mount Pleasant Sale

Rio Tinto Group is making another move to reduce its coal exposure, on Wednesday it announced the sale of its Mount Pleasant project to Indonesia's Salim Group for $224 million.

Why Biopharma Companies Have No Fear of Going Public

These drugmakers are still filing IPOs because of a rapid fundraising cycle that has investors eager to bet on innovation.

Unilever's Struggling Spreads Business Returns to the Limelight

Executives at Anglo-Dutch consumer goods company Unilever plc/NV on Tuesday hinted that a strategic review of its spreads business may be coming.

Activision Is Winner in Major League Gaming Deal

The $46 million deal appears to fall well short of Major League Gaming’s initial expectations.

Lyft Flags Down $1B Investment Round Led by General Motors

General Motors (GM) is the latest auto maker to join the transportation technology startup craze, investing $500 million in Uber Technologies rival Lyft.

Icahn Continues Pep Boys Pursuit With Sweetened Bid

Pep Boys (PBY) now prefers a deal with Carl Icahn, after the activist investor sweetened the bid for the auto parts maker for a valuation of about $1 billion.

Newell Rubbermaid Strikes Mega Deal for Rival Jarden

Newell Rubbermaid Inc. (NWL) has struck a deal to takeout rival consumer products conglomerate Jarden Corp. (JAH) for $17.4 billion, including debt.

Activist-Pressured CST Brands Garners Strategic Interest

A source says Marathon Petroleum, Alimentation Couche and Sunoco are looking at the convenience store operator that activist Engine Capital believes could fetch north of $4 billion in a sale.

Yahoo! Calls Off Alibaba Spin, Will Break Off Everything Else

Yahoo! has canceled plans to spin off its stake in Alibaba, and instead will break off its core business and stake in Yahoo! Japan into a separate company.

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