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    A Russian government commission should decide on Schlumberger's bid for Eurasia Drilling in two to three weeks, an official from Russia's Federal Antimonopoly Service said on Thursday. Dmitry Makhonin also said FAS had no objections to the deal from a competition point of view, but added that a special governmental commission would have the final word on the matter.

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    Mexican conglomerate Alfa SAB and Harbour Energy said on Thursday morning they have entered into a definitive agreement to buy Pacific Rubiales Energy Corp. for 6.5 Canadian dollars a share in an all- cash deal. Alfa already owns 18.95% of Pacific Rubiales. The price represents a 39% premium to the closing price of Pacific Rubiales on May 4, which was the day the companies announced they had started buyout discussions.

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    Keller Group Plc (KLRGF) : * Acquisition of Geoconstruction Group, North America. * Agreed to purchase net assets of Geoconstruction Group of Layne Christensen Company for a consideration of around $40m. * Acquisition remains conditional on assignment to Keller of Bencor's major ongoing construction contract. * Completion is expected by end of June 2015 Source text for Eikon: Further company coverage:

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    What is a merger without a bit of arbitrage? Ask Royal Dutch Shell (RDS/A) and BG Group (BRGXF). Pentwater Capital Management this week became the first big merger arbitrage fund to disclose a position in BG, after Shell's $70 billion cash-and-stock deal to buy the U.K. oil and gas company.

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    Oil producer Pacific Rubiales Energy Corp (PEGFF) said it has agreed to the C$6.50 per share cash offer from Mexico's Alfa Sab de CV and investment firm Harbour Energy Ltd. The transaction is expected to close in the third quarter of 2015, Toronto-based Pacific Rubiales said late on Wednesday.

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    Brazilian investment bank BTG Pactual SA and its partners P2Brasil and GMR Energia jointly sold 100 percent of renewable energy company Latin America Power to SunEdison (SUNE), BTG and P2 said on Thursday. The deal comes almost three years after BTG and P2Brasil, an infrastructure investment fund set up by Patria Investimentos and Promon, jointly bought 87.6 percent of LAP for $450 million.

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    Buyer is expected to pay $2.3 billion for majority control of H3C Technologies. Hewlett-Packard Co. (HPQ) plans to unveil sweeping changes to its business in China, including the sale of a majority stake in its data-networking operation there, after revelations of U.S. spying curtailed Chinese demand for U.S. technology products. H-P is expected to announce Thursday that Tsinghua Holdings, which is affiliated with the prestigious Tsinghua University, will buy 51% of a newly created...

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    Kingsoft Corp. is generating excitement thanks to links to up-and-coming Chinese mobile-phone producer Xiaomi. But a weak near-term outlook calls into question its royal valuation. Kingsoft's (KSFTF) chairman and biggest shareholder is Lei Jun, the famous founder of Xiaomi, which is currently running neck- and-neck with Apple (AAPL) as the top smartphone seller in China, according to research firm Canalys.

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    - Ancestry.com LLC, the world's largest family history website helping users trace their heritage, is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, according to people familiar with the matter.

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    Benioff learned rival-bashing from the master. SAN FRANCISCO-- Investors who might have been hoping for a clue as to whether Salesforce.com Inc. (CRM) is engaged in any merger discussions were at least pleasantly surprised by upbeat quarterly results, even as they may have had difficulty reading the tea leaves for M&A. In recent weeks, the cloud-computing company has seen its stock soar on rumors that the company was in talks to be acquired.

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    The following are the top stories in the Financial Times. Headlines. SIX BANKS FINED $5.6 BLN OVER FOREX. LAWSKY QUITS DFS TO SET UP HIS OWN FIRM. SPOTIFY PUSHES INTO VIDEO AND PODCASTS. GE OFFERS IP RIGHTS TO SEAL ALSTOM DEAL. Overview.

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    Pep Boys - Manny, Moe & Jack's (PBY) real estate is likely key to a potential sale. The automotive repair and parts retailer's stock closed up over 16% Wednesday after the Wall Street Journal reported that private equity firms, namely San Francisco-based Golden Gate Capital, had "expressed interest" in acquiring the Philadelphia company.