Apache (NYSE:APA) buys privately held oil and gas company Cordillera Energy Partners III. The cash-and-stock deal is valued at $2.85 billion, and Apache says the deal will more than double its acreage in the energy-rich Anadarko Basin.

News Corp. (NASDAQ:NWS) may bid for Turkish media assets ATV and Sabah sources say. Calik Holdings owns ATV and Sabah and has extended the deadline for preliminary bids until next week. If deep-pocketed bidders like News Corp. are involved in the sale, the deal could bring in between $700 million and $1 billion.

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Royal Bank of Scotland (NYSE:RBS) is up on reports that Jefferies (NYSE:JEF) may make a bid for RBS’s cash equities unit. As part of a restructuring of its global banking and markets business, RBS is selling Hoare Govett and its wider cash equities.

Pan American Silver (NASDAQ:PAAS) confirms speculation it will buy Minefinders (AMEX:MFN). The Canadian precious metals miner will be purchased for about $1.5 billion Canadian ($1.48 billion) in cash and stock. A premium of 36% to Minefinders’ Friday close in Toronto is seen in the offer of $15.60 Canadian/share.

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QLogic (NASDAQ:QLGC) is selling its InfiniBand adapter card and switch business. Intel (NASDAQ:INTC) is purchasing it for $125 million in cash. InfiniBand chipmaker Mallanox (NASDAQ:MLNX) is selling of on this report of the latest in a series of moves made by Intel to bolster its networking offerings. QLogic will now focus more on its core Fibre Channel and FCoE storage networking businesses.

SuccessFactors (NASDAQ:SFSF) is off slightly. It is due to be acquired by SAP AG (NYSE:SAP) in an all-cash deal, however the Committee on Foreign Investment in the United States (CFIUS) is investigating the acquisition.

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