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China's Changan Auto raises $530 mln in smaller deal

Changan Automobile (000625.SZ), a Chinese partner of Ford Motor (F.N), raised 3.5 billion yuan ($530 million) in a share offering after cutting the size of the deal by about 12 percent, the Chinese auto maker said on Friday.

IndiGo mulls IPO, other options to fund $16 billion Airbus order

Indian budget carrier IndiGo is considering all options including an initial public offering to finance a $15.6 billion plane order with Airbus, but has made no decision yet, the firm's president said on Wednesday.

Airbus gets largest order in aviation industry from India

Aircraft manufacturer, Airbus, announced that the company has signed a Memorandum of Understanding (MoU) with India's economy carrier Indigo for 180 eco-efficient Airbus A320 aircraft.

Playboy accepts Hugh Hefner's sweetened bid, publisher to go private

Adult magazine publisher Playboy Enterprises Inc. is about to go private as founder Hugh Hefner has received the nod from the board to buy the company.

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Mahindra buys Ssangyong Motor for $464 mln

India's Mahindra & Mahindra (M&M) said on Tuesday that it has agreed to acquire 70 percent interest in South Korea's Ssangyong Motor Company Limited (SYMC) for $463.6 million, in an attempt to gain momentum in global markets.