Reuters – BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co (RDSa.L) said Monday that Tropical Storm Hermine was not affecting their offshore operations.
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Oil operations in Gulf unaffected by storm
(Reuters)
Reuters – Nationalized Anglo Irish Bank will be “decommissioned,” with a decision on its fate expected within a few weeks, a junior government minister was quoted on Saturday as saying.
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Anglo Irish Bank to be "decommissioned": minister
(Reuters)
Reuters – Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock — one of the largest in capital markets history — to raise funds for the world’s biggest oil exploration investment plan.
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Brazil oil firm Petrobras plans $65 billion stock sale
(Reuters)
Reuters – Genzyme Corp Chief Executive Henri Termeer said he is willing to sell the company he built up over 25 years, but not for $69 a share.
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Genzyme CEO open to sale, not at $69 a share
(Reuters)
Reuters – Hitachi Ltd (6501.T) is planning an initial public offering of its hard-drive unit in the United States, possibly by year’s end, sources familiar with the situation said.
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Hitachi plans U.S. IPO of hard-drive unit: sources
(Reuters)
Reuters – No client is too small for Goldman Sachs Group Inc these days, even a company with no revenue that’s owned by a hedge fund specializing in penny stocks.
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Goldman swims downstream for PetroAlgae IPO
(Reuters)
Reuters – France’s Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.
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Sanofi makes $18.5 billion Genzyme offer public
(Reuters)
Reuters – Global miner BHP Billiton could look to divest the nitrogen and phosphates business of fertilizer maker Potash Corp if its $39 billion bid goes through, the Australian Financial Review reported on Monday.
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BHP could divest some Potash Corp’s assets: report
(Reuters)
Reuters – French drugmaker Sanofi-Aventis has submitted a non-binding proposal to acquire U.S. biotech company Genzyme in an all-cash deal worth about $18.5 billion, it said on Sunday.
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Sanofi-Aventis makes $18.5 billion offer for Genzyme
(Reuters)
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