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Stay tuned to TheDeal.com and Deal International for updates to these stories and more. Petroplus Holdings AG-Blackstone Group LP-First Reserve Corp.
Topping international headlines Wednesday morning, Petroplus teams with Blackstone and First Reserve in a $2 billion venture to invest in U.S. refineries.
Microsoft Corp.
Meanwhile, Brussels has fined Microsoft a record $1.4 billion for failing to comply with antitrust rules. Banks Henkel KGaA-Ecolab Inc.-National Starch and Chemical Co.
Household goods maker Henkel will use its $3.5 billion stake in Minnesota-based Ecolab to help finance its $5 billion-plus acquisition of National Starch. Laxey Partners Ltd.-TDG
Hedge fund Laxey Partners proposes a $440 million offer for logistics group TDG. Hitachi Ltd.
Japan's Canon Inc. says it will pay nearly $400 million to take about a quarter of Hitachi's wholly owned display unit, Hitachi Displays. EC-sovereign funds
And, later Wedsday the EC will make a formal proposal calling for sovereign wealth funds to adopt a voluntary code of conduct.
- The editors
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