Britain's Imperial Chemical Industries (ICI) has rejected a £7.2 billion sterling bid approach from Dutch chemicals group Akzo Nobel NV, mentioning that the offer undervalues the company.

Penn National Gaming Inc., the owner of 18 casinos and horse racing courses in the US, agreed to be acquired by Fortress Investment Group LLC and Centerbridge Partners LP for $6.1 billion.

Integrated Security Solutions Provider Expands Global Footprint

Triple Canopy, Inc., a leading provider of integrated security solutions to governments and private corporations worldwide, today announced the acquisition of Clayton Consultants, Inc., a crisis management security consultancy offering incident response services, security consulting and training.

OJSC MMC Norilsk Nickel ("Norilsk Nickel") and LionOre Mining International Ltd. ("LionOre") (Toronto Stock Exchange symbol: "LIM"; London Stock Exchange symbol: "LOR"; Botswana Stock Exchange symbol: "LIONORE") today announced that they have entered into a support agreement in connection with Norilsk Nickel's previously announced offer to acquire all of LionOre's outstanding common shares in a friendly, all-cash transaction for total consideration of approximately Cdn$6.8 billion, or Cdn$27.50 per common share.

Avaya Inc. said on Monday it agreed to be acquired by private equity firms TPG Capital and Silver Lake for $8.2 billion, the latest in a string of deals in the telecommunications-equipment industry, reported Reuters.

MOSCOW and TORONTO, Canada, June 4 /PRNewswire/ -- OJSC MMC Norilsk Nickel ("Norilsk Nickel" or the "Company") today announced that it has received notice that Norilsk Nickel's proposed acquisition of control of LionOre Mining International Ltd.

The media had reports that Bharat Heavy Electricals Ltd may acquire Bharat Pumps and Compressors Limited.

Labatt Brewing Company Limited and Lakeport Brewing Income Fund jointly announced that the Commissioner of Competition's application to the Competition Tribunal for an order requesting an extended review period to consider the proposed acquisition was dismissed.

Jasper Johns' lithographs, etchings, and screenprints-about 1700 proofs in all-will be acquired by the National Gallery of Art by the end of 2008. Many unique impressions, variants, and annotated or hand-worked sheets assembled by the renowned American artist since he began printmaking in 1960 are included. The Gallery will have the largest institutional repository of works by Johns when the acquisition is complete.

Scotiabank announced that it has reached an agreement to acquire 24.99 per cent of Thanachart Bank, Thailand's eighth-largest bank and leading automobile lender, for Bht7.1 billion (approximately Cdn$240 million). Scotiabank will purchase 157,130,216 shares from Thanachart Capital and 276,263,200 new shares issued by Thanachart Bank at Bht16.37 per share.

The media had reports that Amtek Auto Ltd may acquire casting and forging units in Europe to scale up its exports business.

The media had reports that Ramkrishna Forgings Limited is close to making a domestic acquisition.