Hutchison agrees £2.8bn deal to fund O2 takeover

Hutchison Whampoa will sell a one-third stake in its plan to merge Three and O2 for £2.8bn to five investors to help fund its boldest bet in Europe yet.

Blackstone Agrees to Buy Gates Global in $5.4 Billion LBO

Blackstone Group LP (BX), the world’s largest buyout firm, agreed to acquire industrial-products maker Gates Global Inc. (GGI) from Onex Corp. (OCX) and Canada Pension Plan Investment Board for $5.4 billion.

Canada Pension Funds Eye Some BlackBerry Assets

Two of Canada’s largest pension funds have held preliminary discussions with Fairfax Financial Holdings Ltd. (FFH) about its bid for BlackBerry Ltd. (BB), yet are holding off from the effort because they only want pieces of the smartphone maker, two people familiar with the talks said.

Neiman Marcus close to changing private equity owners: sources

NEW YORK (Reuters) - A consortium of Ares Management LLC and the Canada Pension Plan Investment Board is in advanced talks to acquire upscale U.S. retailer Neiman Marcus Inc from TPG Capital LP, Warburg Pincus LLC and Leonard Green Partners LP, two people familiar with the matter said on Sunday.