Breakfast briefing: Wednesday, June 17

Blackstone, Carlyle in US$10bil-plus bid for NCR: Blackstone Group LP and Carlyle Group LP are making a joint bid for NCR Corp in a leveraged buyout that would be the year's biggest at more than US$10bil, including debt, people familiar with the matter said. Blackstone and Carlyle, the world's two largest private equity firms, have joined forces to outbid other buyout firms and acquire NCR, which manufactures cash registers and ATMs. - Reuters

S P Setia expects better H2: Property developer S P Setia Bhd is expected to see another lumpy gain in the second half of this year when it hands over the second block of its Australian project. - StarBiz