PRESS DIGEST-New York Times business news - March 22

Fri Mar 22, 2013 3:15am EDT
 
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March 22 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* Private equity firm Blackstone Group LP is weighing whether to make an offer for all or part of Dell Inc as a Friday deadline looms, people briefed on the matter said. But some people close to Blackstone are skeptical that any offer will materialize. ()

* BP Plc, the British oil company, said it had completed the sale of its 50 percent stake in the Russian affiliate TNK-BP. In a series of transactions, BP will receive about $12.5 billion in cash and will own 19.75 percent of Rosneft, the largest Russian oil company. ()

* As the European Central Bank threatened to shut off crucial financing for banks in Cyprus without a rapid accord on an international bailout, members of Parliament put off a vote on Thursday on yet another revamped formula. The vote was rescheduled for Friday. ()

* Faced with weaker returns, some big investors have been pushing private equity firms to lower fees or make other concessions. ()   Continued...