2ND UPDATE: TEMASEK BUYS CHINA'S ICBC H-SHARES WORTH US$2.3 BLN FROM GOLDMAN SACHS - SOURCES
Temasek Holdings increased its stake in Industrial & Commercial Bank of China Ltd.'s Hong Kong-listed H-shares to 5.3% in a US$2.3 billion purchase of the stock from Goldman Sachs Group Inc., people familiar with the transaction said Monday, in a deal that allows the Singapore state investment firm to shore up its presence in China. (published 0459 GMT)
DEXUS COMPLETES PART-SALE OF US PORTFOLIO TO BLACKSTONE FUND
Dexus Property Group has completed the sale of part of its U.S. industrial portfolio to a Blackstone real-estate fund for US$770 million, as part of a push to concentrate on its preferred West-coast markets. (published 0026 GMT)
UPDATE: AUSTRALIAN ENERGY SEEKS A$250M CORNERSTONE COAL INVESTMENT
Australian Energy Co., a closely-held resources company that counts mining magnate Nathan Tinkler among its biggest shareholders, is sounding out Asian buyers about a A$250 million equity investment in a thermal coal-export project in Victoria state. (published 0020 GMT)
FLINDERS, MAGNITOGORSK BOTH APPEAL RUSSIA COURT DECISION
Bid target Flinders Mines Ltd. said Monday that it has launched its own appeal of an injunction granted in Russia to minority shareholders in suitor Magnitogorsk Iron & Steel Works that has threatened their A$554 million deal. (published 0038 GMT)
UPDATE: PRIMUS TELECOM SELLS AUSTRALIA UNIT IN PORTFOLIO REVAMP
Primus Telecommunications Group Inc. sold its Australian unit to M2 Ltd. for 192.4 million Australian dollars in cash and plans to split its Canadian operations in moves to extract more value from its individual businesses. (published 0221 GMT)
UPDATE: LINC, GOLDEN CONCORD IN CHINA CLEAN-COAL VENTURE
Linc Energy Ltd. said Monday that Hong Kong's Golden Concord Ltd. agreed to buy 5% of the company for A$120 million, as part of a deal to create a joint venture targeting underground coal-gasification opportunities in China. (published 0313 GMT)
CAPE LAMBERT INKS INFRASTRUCTURE ACCESS PACT FOR MARAMPA PROJECT
Australia's Cape Lambert Resources Ltd. said Monday it has signed a binding pact that secures access to rail and port infrastructure for its Marampa project in Sierra Leone from iron ore producer African Minerals Ltd. (published 2300 GMT)
PIRAMAL HEALTHCARE TO BUY MOLECULAR IMAGING RESEARCH PORTFOLIO OF BAYER
Piramal Healthcare Ltd. said Monday it has agreed to acquire the global rights to the molecular imaging research and development portfolio of Bayer AG for an undisclosed amount. (published 0304 GMT)
MANILA WATER SETS 2012 CAPITAL SPENDING BETWEEN PHP10 BLN-PHP11 BLN
Manila Water Co. said Monday it has set its 2012 capital spending at between PHP10 billion and PHP11 billion, up from PHP9.5 billion last year. (published 0324 GMT)
AUCKLAND AIRPORT, GARUDA INDONESIA SIGN MEMORANDUM OF UNDERSTANDING
Auckland International Airport Ltd. has signed a memorandum of understanding with Garuda Indonesia that commits to flights between Indonesia and New Zealand, the airport management company said in a statement Monday. (published 0414 GMT)
FATIGUE FRACTURE CAUSED QANTAS ENGINE BLAST - INQUIRY
A Qantas Airways Ltd. jet carrying 231 passengers and crew suffered an engine failure at 25,000 feet due to the fatigue fracture of a turbine blade, an inquiry found Monday. (published 0455 GMT)
