Tuesday Papers: Bain agrees $1.8bn Gymboree deal - tips, comment and bids

(Updated with Telegraph share tips)

Financial Times

* Bain Capital has agreed to acquire Gymboree, a US retailer of children’s clothing, for $1.8 billion.

* Buyout firm KKR has teamed up with the Korean national pension system to acquire a significant minority stake in a Chevron pipeline company in a deal valued at close to $1 billion.

* Cnooc has agreed to pay $1.08 billion to buy 33% of Chesapeake Energy’s Eagle Ford shale acreage in Texas.

* Takeovers of companies by private equity groups accounted for almost three-quarters of all UK mergers and acquisitions by value in the first half of the year, according to research from the Centre for Management Buy-out Research at Nottingham university, published on Monday.

* The way New Delhi handles Cairn Energy’s proposed $9.6 billion sale to Vedanta of a controlling stake in its Indian energy business is a crucial litmus test for foreign investment in India, the UK oil and gas explorer has warned.

The Lex Column

* Oil reserves: roll out the barrel - It all depends on which peaks first - supply or demand.

* CDS and default risk - Risk analysis using credit default swaps deserves closer inspection.

* Mail.ru - Investors should beware seeing the listing as a back door into Facebook.

* Currency impasse - China has no monopoly on self-serving policies.