Deals of the day-Mergers and acquisitions


** A 19.5 percent stake in Russian oil major Rosneft slated for privatisation this year may be sold to an investor or Rosneft itself, Kremlin economic aide Andrey Belousov was quoted as saying by Russian news agencies on Tuesday. ** Property and casualty insurer Allstate Corp said on Monday it would buy SquareTrade Holding Co Inc for about $1.4 billion from a group of shareholders that include Bain Capital.



from Biotech News