RNRL's submissions on the MoU Mumbai: China Petroleum and Chemical Corp, considered the biggest oil refiner in China, and US buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries that could challenge Reliance... Full Article at Expressindia.com

In October, private equity powerhouse, TPG, scored a big win as it took Myer (which is a retailer based in Australia) public. The gains came to a mouth-watering $1.46 billion. Full Article at Blogging Stocks

The Japanese yen reached a 10-month high against the dollar in Europe trading, posing more challenges to Japan's export-dependent economy even as it posts improving trade figures. Full Article at Wall Street Journal

The tax office hasn’t alleged any criminal wrongdoing by TPG. Full Article at Columbia Journalism Review

* Second set of indicative bids due Dec. 3 * Bidders expect offers could now top 3 billion euros LONDON/FRANKFURT, Nov 25 (Reuters) - Bidders for German generic drugmaker Ratiopharm have been asked to confirm non-binding offers by Dec. 3, two... Full Article at Reuters

TPG has been slapped with a $628 million tax bill by Australian authorities in a dispute over how to tax the U.S. private equity firm’s gains from the initial public offering of department store Myer. Full Article at Dealbook