While you were sleeping Deals, China, Syria

Mon, 09 Sep 2013

By Margreet Dietz Sept 10 (BusinessDesk) - Better-than-expected Chinese data and takeover deals helped bolster Wall Street, which also welcomed a Russian proposal to put Syria's chemical weapons under international control in an effort to avert US military intervention. Shares of Molex soared, last up 31.6 percent, after Koch Industries agreed to buy the maker of electronic components for US$7.2 billion. In other deals, Ares Management and the Canada Pension Plan Investment Board reached agreement to buy Neiman Marcus, an American luxury reta...

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