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Monday, November 23, 
2:38 pm

Deal International: News on UBS, Pardus-Valeo, Philips-MedQuist and more

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Stay tuned to TheDeal.com and Deal International for updates to these stories and more.

UBS
Topping headlines out of Europe Thursday morning, UBS offers an above-forecast $15.3 billion of new shares at a deeper-than-expected discount.

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Also on Dealscape

Pardus Capital Management LP-Valeo SA
Pardus Capital and car parts maker Valeo make peace as the hedge fund gets a seat on the board and agrees a cap on its shareholding, while Centaurus Capital Management LP and Pardus vie for board seats at IT services company Atos Origin SA at a shareholder meeting due to conclude Thursday.

Royal Philips Electronics NV-MedQuist Inc.-CBay Systems Holdings Ltd.
Philips agrees to sell its 69.5% in medical transcription company MedQuist to CBay Systems Holdings for $285 million.

3i Group plc-Little Sheep Group
Chinese hot-pot restaurant Little Sheep Group, which is part-owned by 3i, plans to raise as much as $105.7 million in a Hong Kong IPO.

Mk One in administration
Restructuring company Hilco UK Ltd. unceremoniously puts its Mk One discount fashion chain into administration just days after buying it from Baugur Group hf.

Heineken NV-Rechitsa
Dutch brewer Heineken will pay $10 million for 51% of the Rechitsa brewery in Belarus.

Stay tuned to TheDeal.com and Deal International for updates to these stories and more.




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