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Friday, October 26, 2012

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10/26/2012
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
Japan govt aims to list Japan Post in three years
TOKYO (Reuters) - Japan unveiled plans on Friday to list shares of state-owned Japan Post Holdings Co, which runs the country's biggest savings institution, within three years to raise money to rebuild areas devastated by last year's quake, tsunami and nuclear crisis.
German publisher Burda makes offer for social network Xing
FRANKFURT (Reuters) - German publisher Burda on Friday said it has made a takeover bid for business social network Xing AG of 44 euros per share.
Nexen profit falls, still expects CNOOC deal by year-end
(Reuters) - Canadian oil and gas producer Nexen Inc said it still expects a $15.1 billion takeover bid by China's CNOOC Ltd to close in the current quarter.
Gardner Denver confirms exploring potential sale
NEW YORK (Reuters) - Industrial machinery maker Gardner Denver Inc said it is exploring strategic alternatives including a potential sale or merger of the company, confirming a Reuters report earlier on Thursday.
DSM buys Cargill's cultures and enzymes business for 85 million euros
AMSTERDAM (Reuters) - Dutch food and chemicals group DSM said on Friday it has agreed to buy Cargill's cultures and enzymes business for 85 million euros ($110 million) in cash.
Spain's NH Hoteles says receives offer from KKR
MADRID (Reuters) - Spanish hotel group NH Hoteles said on Friday that its board has received an offer from U.S. private equity firm KKR to buy bonds that can be converted into shares.
Telefonica sets new price range for German IPO: sources
FRANKFURT (Reuters) - Telefonica has given a narrower indicative price range to investors for the planned listing of its German unit, three people close to the process have told Reuters.
Lockheed sees $1.1 billion liability if F-35 deal delayed
WASHINGTON (Reuters) - U.S. weapons maker Lockheed Martin Corp said on Thursday it faced a potential termination liability of $1.1 billion on the F-35 fighter program unless it received additional funding for production of a sixth batch of airplanes by year end.
Peabody targets Mongolia coal to lift China exposure
MELBOURNE (Reuters) - Coal miner Peabody Energy , eager to tap Mongolia's massive coal resources, said on Friday it expects to resume talks with the government in early 2013 over acquiring a stake in the undeveloped western block of the Tavan Tolgoi deposit.
Grupo Lala, Michael Foods, Apollo eye Dean unit-sources
NEW YORK (Reuters) - Dean Foods Co's Morningstar business has attracted takeover interest from Michael Foods and Mexican dairy company Grupo Lala, people familiar with the matter said, in a deal that could be valued in the $1 billion to $1.5 billion range.
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