| | | GE Power division nears $3 billion services deal in Algeria: source | | | NEW YORK (Reuters) - GE Power, a division of General Electric Co , is close to signing a services deal with a subsidiary of Algerian utility Sonelgaz SpA valued at more than $3 billion, likely the largest such agreement ever for GE, according to a person familiar with the matter. |
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| RLJ to buy fellow lodging trust FelCor | | | (Reuters) - RLJ Lodging Trust said on Monday it agreed to buy FelCor Lodging Trust Inc in a deal that would make it the third-biggest U.S. lodging real estate investment trust. |
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| Becton Dickinson to acquire Bard for $24 billion | | | NEW YORK (Reuters) - U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard's devices to its portfolio in the high-growth sectors of oncology and surgery, both companies said on Sunday. |
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| | | Struggling apparel retailer Bebe to shut all stores | | | (Reuters) - Struggling apparel retailer Bebe Stores Inc said on Friday it would close all its stores by the end of May, barely a month after announcing it was exploring strategic alternatives following four years of losses. |
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| | | KKR, INCJ plan joint bid for Toshiba's chip unit: Nikkei | | | (Reuters) - U.S. private equity firm KKR & Co LP and Japanese government-backed fund, Innovation Network Corp of Japan (INCJ), will submit a joint offer for Toshiba Corp's memory chip unit, the Nikkei business daily reported on Friday. |
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