India’s Bharti revives its merger talks with South Africa’s MTN while Rio Tinto, in another long-running saga, says its deal with Chinalco deal is still “evolving”. In banking land, Swiss private bank Julius Baer buys Milan-based asset manager Alpha SIM. For top deals of the day, click here .
And in the newspapers:
* Goldman Sachs and private equity firm MBK Partners will jointly buy Universal Studios Japan (USJ) in a $1.4 billion deal, South Korea’s Mail Business Newspaper reported.
* Lehman Brothers Holdings Inc’s U.S. estate administrators will ask a federal judge to approve a framework for coordinating bankruptcy proceedings for the bank’s subsidiaries worldwide, putting them at odds with its administrators in the UK, the Wall Street Journal said.
* Embattled Russian tycoon Oleg Deripaska is close to agreements to restructure his companies’ multibillion-dollar debts that should allow his empire to survive without losing control of its major assets, a top company executive told the Wall Street Journal in an interview.