Business news with words deal+purchase+trade. 8 news.

SICHUAN Changhong Electric Co, China's second-biggest TV maker, has grabbed the lion's share of government-financed home appliance sales in rural areas. China promised to give farmers subsidies, about 13 percent, for buying household electrical appliances, in a bid to stimulate sluggish rural consumption and reduce the rising trade surplus, the Ministry of Finance and the Ministry of Commerce said over the weekend. "We are a major player in the deal and we occupy at least 50 percent shares of the TV sales (in the subsided sales in the rural areas)," Chen Ning, Changhong's vice president, told Shanghai Daily yesterday. Changhong will provide TVs, which costs less than 1,500 yuan (US$202) each, and some mobile phones for the subsidized purchase program. The pilot program will be launched in Shandong, Henan and Sichuan, the three major agricultural provinces, according to Chen. Farmers in the provinces can buy color TV sets, refrigerators and mobile phones with

WITH US antitrust clearance for its DoubleClick purchase, Google's focus now turns to European regulators, who are expected to be more critical of the top search engine linking up with a market leader in online advertising. The proposed US$3.1-billion transaction, which is strongly opposed by privacy advocates, cannot be completed without approval from the European Commission, whose review deadline is April 2. The Federal Trade Commission said that the deal would not significantly lessen competition in the online advertising market, rebuffing complaints from Microsoft Corp and AT&T Inc that it would give Google a dominant position. "The FTC's strong support sends a clear message - this acquisition poses no risk to competition and will benefit consumers," Eric Schmidt, Google Inc's chief executive, said. "We hope that the European Commission will soon reach the same conclusion." The European Commission declined to comment on the FTC's decision, spokesman

WASHINGTON–The U.S. Federal Trade Commission has approved Google's $3.1 billion purchase of DoubleClick, saying the much-criticized deal did not threaten competition in Internet advertising.

Antitrust regulators approved Google’s $3.1 billion purchase of DoubleClick, clearing the way for a formidable combination in the burgeoning online advertising sector. Microsoft and AT&T have lobbied heavily against the deal, but the Federal Trade Commission gave it the go-ahead Thursday. The transaction still faces substantial antitrust scrutiny in Europe, and Google has said that it won’t [...]

(Reuters) -- U.S. antitrust authorities have approved mobile telephone maker Nokia's purchase of Chicago-based digital map maker Navteq Corp., the Federal Trade Commission said on Thursday. The approval was announced in a list of deals that have been okayed by antitrust authorities that is put ...

SAN FRANCISCO (MarketWatch) -- Cognos Inc. said late Tuesday the Federal Trade Commission and the U.S. Department of Justice have granted early termination of the mandatory waiting period for the purchase of the company by IBM . Under the agreement announced last month, IBM will pay $58 for each Cognos share.

LONDON (MarketWatch) -- Great Atlantic & Pacific Tea Co. expects to close its acquisition of Pathmark Stores Inc. in early December. Supermarket chain A&P said Monday that it provided last week the required two-week notice to the Federal Trade Commission of its intention to close the acquisition of Pathmark. The notice stated that A&P may close the purchase anytime after Nov. 27. A&P also said that it signed an agreement with the staff of the FTC regarding required divestitures, and has entered into definitive asset purchase agreements with specific buyers for certain stores.

Kohlberg Kravis Roberts agreed to buy Turkish freight company U.N. Ro-Ro Isletmeleri in a transaction worth 910 million euros ($1.3 billion), Turkey’s biggest private-equity acquisition. K.K.R. bought 97.6 percent of U.N. Ro-Ro on expectations Turkish trade with Europe will grow, according to an e-mailed statement today from the New York-based buyout firm. The purchase is K.K.R.’s [...]