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    * TSX off 24.71 points, 0.17 percent, at 14,883.68. * Seven of the index's 10 main sectors fall. * Teck down 8.6 percent on merger-talks denial. By Solarina Ho. Canada's main stock index dropped on Tuesday on a decline in miner Teck Resources Ltd and other resource stocks, but the fall was cushioned by modest gains in industrials and heavily weighted financials.

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    Investment funds Torreal, KKR and ProA are looking into the sale of their combined 48.7 percent stake in Spanish car park group Saba, two sources with knowledge of the matter said on Tuesday. A competitor of France's Vinci and Portugal's Empark, Saba manages 184,000 parking spaces in Spain, Italy, Chile, Portugal, France and Andorra.

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    Oxford Industries, an Atlanta-based clothing conglomerate, has put men's clothing brand Ben Sherman on the auction block, the company said on Friday. Industry sources had previously told The Deal that Oxford Industries was likely to shed the Ben Sherman unit. Must Read: Warren Buffett's Top 10 Dividend Stocks. Perry Ellis International (PERY), based in Miami, is also a part of the trend.

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    The deal, valued at $10.4 billion, comes as the pay-TV industry rapidly consolidates. Charter Communications Inc. (CHTR) agreed to buy cable operator Bright House Networks LLC for $10.4 billion in cash and stock, the latest deal in a rapidly consolidating pay-television industry. Bright House is the sixth-largest cable operator in the U.S. and serves approximately 2 million video customers in central Florida, as well as Alabama, Indiana, Michigan and California.

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     . Vail Resorts (MTN) has headed off-piste with an agreement to pay A$176.6 million for Australia's Perisher Ski Resort, expanding outside of the U.S. for the first time. New York-listed Vail will buy Australia's largest and busiest ski resort from Murray Publishers and Transfield Corporate, two companies controlled by Australian billionaire James Packer.

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     MONTPELIER RE HOLDINGS (MRH) shares are up 4.5% to $39.87 in early market trading on Tuesday after the reinsurance company was purchased by Endurance Specialty Holdings for $1.83 billion in cash today.The deal values Montpelier at about $40.24 per share, a 5.5% premium on the stock's previous closing price and gives Endurance Specialty (ENH) a chance to increase its presence into the Lloyd's of London und...

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    After a bad week, with the biotech index losing more than 5%, market pundits brought up concerns of a biotech bubble potentially bursting. According to Dealogic, global healthcare mergers and acquisitions volume, of which pharmaceuticals is a part, totaled $92 billion via 464 deals in January and February 2015, up 63% from 2014. Must Read: Warren Buffett's Top 10 Dividend Stocks. Deals This Week.

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    The industry is enriching investors who own target companies. The pace of consolidation in the health-care industry has accelerated, so if you're holding the right stocks, you'll benefit from large deal premiums. There have been $89 billion in health-care mergers and acquisitions so far this year, compared with $56 billion during the first quarter of 2014, according to S&P Capital IQ.

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    Earlier this month, Novartis (NVS)' Sandoz Biopharmaceuticals made history by winning Food and Drug Administration approval for Zarxio, the first biosimilar cleared in the U.S. The decision was good news for Novartis (NVS), of course, but also for an array of smaller companies developing their own biosimilar drugs that now look like attractive acquisition targets.

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    * Cash-and-stock deal valued at about $1.83 bln. * Deal values Montpelier at $40.24 per share. * Montpelier shares rise about 4.5 pct premarket. By Amrutha Gayathri. Property and casualty insurer Endurance Specialty Holdings Ltd (ENH) will buy reinsurer Montpelier Re Holdings Ltd (MRH) for about $1.83 billion to expand into the Lloyd's of London underwriting business.

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    Shares in Aspiro soared by 1,000 percent on Tuesday as investors clamored for a stake in the Swedish music streaming business bought by rapper Jay-Z this month - but face big losses as they will be forced to sell out to the U.S. star within days. Jay-Z bought more than 90 percent of Aspiro earlier this month in a $54 million deal.

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    The Ukrainian government will consider a list of state-owned assets for privatisation at a cabinet meeting later on Tuesday, Economy Minister Aivaras Abromavicius said at a briefing. Abromavicius implied chemical business Odessa Port Plant, which produces ammonia and urea, and power generator Tsentrenergo would be on the list. They "are not strategic.

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    CBRE Group Inc. (CBG) has agreed to buy Johnson Controls Inc.' s global workplace solutions business for $1.48 billion in cash, as the world's largest commercial real-estate-services company by revenue looks to capitalize on the wave of corporations outsourcing their real estate services. The Johnson Controls (JCI) business provides on-site staff for managing and maintaining commercial buildings. Johnson Controls (JCI) acquired the business in 1989 from airline Pan Am Corp., which...

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    - Cable television operator Charter Communications Inc said it would buy Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida. Charter's shares rose 9 percent in premarket trading on Tuesday after Reuters reported the deal earlier in the day.

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    NEW YORK-- Comcast Corp. (CMCSA) said it has entered an agreement with its vice chairman and chief financial officer Michael Angelakis to set up a new strategic company to invest in growth-oriented companies. Comcast (CMCSA) will invest $4.0 billion in the new company, which will be headed by Angelakis as chief executive and have total capital commitments of up to $4.1 billion. The cable company, which is approaching the closing date for its merger with Time Warner Cable Inc., will immediately...