Mergers & Acquisitions

Berkshire reports 17 pct stake in Media General

Sept 24 - Warren Buffett's Berkshire Hathaway Inc reported that it owns a 17 percent stake in U.S. broadcaster and publisher Media General, as the conglomerate continues to boost its investment in the newspaper industry.

WTO dispute may offer US critics lever in EADS-BAE merger review

Sept 24 - A huge transatlantic clash over trade subsidies could sour efforts to get a $45 billion merger of Europe's EADS and BAE Systems Plc approved in the United States, former U.S. officials said.

TEXT-S&P; cuts Deltek rating to 'B' on LBO

Overview -- U.S. enterprise software application provider Deltek is entering into a $455 million first-lien credit facility and a $225 million second-lien credit facility to refinance its existing capital structure and partially fund its leveraged buyout (LBO) by private-equity firm Thoma Bravo. -- We are removing the company from CreditWatch with negative implications and lowering the corporate credit rating to 'B' from 'BB-' in conjunction with the transaction, as leverage will

UPDATE 1-Itau to delist Redecard in Brazil's top 2012 M&A; deal

SAO PAULO, Sept 24 - Itau Unibanco took control of card payment processor Redecard at a tender auction on Monday, protecting a key source of revenue at Brazil's largest private sector bank from the impact of lower interest rates and slowing credit growth.

Financials, Stocks, Markets 4:31pm EDT

UPDATE 1-Canadian minister warns Nexen bid needs close scrutiny

* Amnesty, others say rights should be central consideration

Stocks, Markets, Energy 3:58pm EDT

UPDATE 2-Schaeffler cuts Continental AG stake to lower debt

FRANKFURT, Sept 24 - German automotive parts supplier Schaeffler is selling shares of partner Continental AG currently worth about 1.69 billion euros ($2.18 billion), reducing its stake to 49.9 percent and lopping off a chunk of its debt in the process.

WRAPUP 1-Germany lists EADS/BAE worries while UK starts inquiry

* Berlin says "golden share" does not guard against takeover

GE, MetLife tweak terms of deal for $7 bln in bank deposits

* Sale shifts to GE Capital Retail Bank, from GE Capital Bank

Canadian minister warns Nexen takeover bid needs close scrutiny

* Amnesty, others say rights should be central consideration

Stocks, Markets, Energy 1:58pm EDT

UPDATE 2-Indian state-owned firms bid for Conoco Canada oil assets

* ONGC Videsh's 2012/13 oil, gas output may lag last year's

Deals

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Global M&A; Industires ($B)