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Indian state-run Oil and Natural Gas Corp does not think its approval is needed in the $10 billion deal between Cairn Energy and Vedanta Resources, the Economic Times reported on Friday, citing an unnamed company official.
Czech-Slovak investment group Penta Investments is close to selling its Polish convenience store chain Zabka to private equity group BC Partners for up to 10 billion crowns ($565 million), magazine Euro said.
French group L'Oreal, the world's biggest cosmetics maker, is open to acquisitions in Brazil or India, chief executive Jean-Paul Agon told French daily Le Figaro.