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General Electric Co
Lufkin Industries Inc
GBW AG
HSBC Holdings PLC
Grupo Financiero Banorte SAB de CV
Cermaq ASA
Copeinca ASA
Pacific Andes Resources Development Ltd
Blackstone Group LP
Billabong International Ltd
Safeway Inc
1. General Electric (GE) will pay about $3.3 billion for Texas-based Lufkin Industries (LUFK), which makes machines used in the oil and natural gas industry.
2. Patrizia Immobilien is buying Bayerische Landesbank’s GBW (GWB) unit, an apartment building owner, in a transaction that values GBW at $3.3 billion, including debt.
3. Paris-based media company Lagardère has unloaded its stake in EADS through a share sale valued at about $2.9 billion.
4. Bank of Shanghai, which counts HSBC Holdings (HBC) among its shareholders, plans to seek $2 billion in an initial public offering in Hong Kong, according to two people with knowledge of the matter.
5. Mexico’s No. 3 lender, Grupo Financiero Banorte (GFNORTEO), hopes to raise about $2 billion through a share offering this year, say two people familiar with the plan.
6. Philanthropist and cosmetics mogul Leonard Lauder is donating 78 cubist artworks valued at $1 billion to New York’s Metropolitan Museum of Art. The gift includes 33 works by Picasso.
7. Norwegian fish food producer Cermaq (CEQ) offered to buy rival Copeinca (COP) for $609 million, trumping a previous bid by Pacific Andes Resources Development (PAH).
8. SeaWorld Parks & Entertainment is seeking as much as $540 million in an IPO after its owner, Blackstone Group (BX), rejected takeover bids for the theme park operator.
9. Australian surf wear maker Billabong International (BBG) is in discussions with a group led by Sycamore Partners Management, which bid $300 million for the company.
10. Blackhawk Network Holdings, the gift-card provider owned by grocer Safeway (SWY), plans to raise as much as $220 million in an IPO.