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Total’s LNG deal shows energy majors’ edge over traders

Bloomberg Total SA’s billion-dollar deal to buy liquefied natural gas assets from Engie SA shows how much size matters in the industry. After Royal Dutch Shell Plc’s takeover of BG Group Plc last year, industry consultant Wood Mackenzie Ltd. says the latest accord is evidence that the biggest energy companies with access to large volumes of diverse supplies will continue ...

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American Tower boosts India footprint with $1.2 billion deal

Bloomberg American Tower Corp. agreed to buy mobile-phone towers from Vodafone Group Plc’s Indian business and Idea Cellular Ltd., boosting its infrastructure in the country by a third, as the merging carriers sell off assets to raise cash for debt repayment amid a scathing price war. The Boston-based real estate investment trust agreed to pay 78.5 billion rupees ($1.2 billion) ...

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Gaming firm Razer surges 42% on Hong Kong debut

Bloomberg Razer Inc. climbed 18 percent in its Hong Kong coming-out party, as the maker of gaming laptops and accessories rode red-hot demand for first-time technology share sales this year. The San Francisco and Singapore-based company closed at HK$4.58 on Monday, a first-day performance bested only by e-books publisher China Literature and Wuxi Biologics among Hong Kong initial public offerings ...

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