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Thursday, October 25, 2012

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10/25/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
McKesson buys PSS World Medical for $1.46 billion
(Reuters) - McKesson Corp will buy PSS World Medical for $1.46 billion to bolster its medical surgical business.
Borneo sees divorce in Bumi Plc's Indonesian partners
JAKARTA (Reuters) - Indonesia's Bakrie family has agreed in principle to pay compensation to coal tycoon Samin Tan for his soured $1 billion investment in their joint stake in Bumi Plc , meaning a "divorce" in the partnership, executives at Tan's firm said on Thursday.
Carlyle in first Southeast Asia deal with Indonesia tower stake: sources
HONG KONG/JAKARTA (Reuters) - Carlyle Group is making its first investment in Southeast Asia, buying a stake of around 25 percent in a publicly traded Indonesian telecom towers operator for about $100 million, sources with knowledge of the deal said.
GM to discuss buying stake in South Korean unit from KDB: GM executive
SEOUL (Reuters) - General Motors Co plans to have talks to buy a stake in its South Korean unit from the unit's second-biggest shareholder, Korea Development Bank(KDB), the head of GM Korea said on Thursday.
RWE in advanced talks to sell Horizon
FRANKFURT/TOKYO (Reuters) - RWE , Germany's No.2 utility, is in advanced talks to sell Horizon, its British nuclear joint venture with E.ON , a deal that analysts say could fetch up to 500 million euros ($648 million).
KKR's Kravis to put money in Spain, Europe
SINGAPORE/HONG KONG (Reuters) - U.S. private equity firm KKR is seeing a "real opportunity" to invest in Spain's real estate and financial services in the wake of the country's debt crisis, said its co-founder Henry Kravis.
RWE may have to adjust asset sale goals: CEO
* Says cost cuts after 2014 to affect all areas of business
Hess to sell Beryl assets to Royal Dutch Shell for $525 million
(Reuters) - Hess Corp said it has agreed to sell its interest in the Beryl area fields in the North Sea and the Scottish Area Gas Evacuation System to Royal Dutch Shell for $525 million.
Russia may sell 6 percent of Rosneft in 2013: Economy Minister
MOSCOW (Reuters) - Russia may sell up to 6 percent of shares in Rosneft in 2013 as part of its privatization program, Economy Minister Andrei Belousov said on Thursday.
China's CNOOC hopeful on Nexen bid; raises full-year output goal
HONG KONG (Reuters) - CNOOC Ltd, China's top offshore oil and gas producer, said on Wednesday it was working to win regulatory approval from Canada this year for its $15.1 billion bid for energy producer Nexen.
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