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Wednesday, November 14, 2012

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11/14/2012
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
Exclusive: Peugeot and Opel halt talks on further tie-up
LONDON/FRANKFURT/PARIS (Reuters) - General Motors and alliance partner PSA Peugeot Citroen have halted talks on a deeper tie-up amid misgivings about the French carmaker's worsening finances and government-backed bailout, people familiar with the matter said.
Carlyle seals first Africa deal with $210 million stake
JOHANNESBURG (Reuters) - Carlyle Group LP and two other investors will pay $210 million for a stake in pan-African agribusiness Export Trading Group, in the U.S. buyout firm's debut deal on the fast-growing continent.
Electrolux says eyes further acquisitions
STOCKHOLM (Reuters) - World number two home appliances maker Electrolux is likely to make further acquisitions to help drive growth, the company's chief financial officer said on Wednesday.
Carl Icahn returns to Greenbrier, shares jump
(Reuters) - Activist investor Carl Icahn reported a 9.99 percent stake in Greenbrier Cos , prompting talk he may revive a failed 2008 bid for the railcar maker and pushing its shares up 20 percent.
Exclusive: KAR suspends sale efforts after talks fail
NEW YORK (Reuters) - KAR Auction Services Inc has ended efforts to sell itself for now, after talks with private equity firm Clayton Dubilier & Rice LLC broke down over price and other deal terms, several people familiar with the matter said.
Carphone says could buy out European JV partner
LONDON (Reuters) - British mobile phone retailer Carphone Warehouse would consider buying out Best Buy from the two firms' European joint venture if a bid for the U.S. group succeeds, it said on Wednesday.
Intel, Qualcomm may invest $378 million in Sharp: sources
TOKYO (Reuters) - U.S.-based Intel Corp and Qualcomm Inc are in talks to jointly invest about 30 billion yen ($378 million) in debt-stricken Japanese consumer electronics maker Sharp Corp, two sources familiar with the matter said on Wednesday.
Eletrobras to take over bankrupt Brazil power utility
SAO PAULO (Reuters) - Brazilian state-led power company Eletrobras said on Tuesday that it plans to take over Cia de Eletricidade do Amapa (CEA) to help restructure the bankrupt northern Brazilian utility and recover debts.
Exclusive: AMD hires bank to explore options - sources
NEW YORK/SAN FRANCISCO (Reuters) - Advanced Micro Devices has hired JPMorgan Chase & Co to explore options, which could include a sale, as the chipmaker struggles to find a role in an industry increasingly focused on mobile devices and away from traditional PCs, according to three sources familiar with the situation.
Icahn ups stake in "Grand Theft Auto" game maker Take-Two
SAN FRANCISCO (Reuters) - Activist investor Carl Icahn increased his stake in video game publisher Take-Two Interactive Software Inc to 12.9 percent from 11.69 percent, according to a regulatory filing on Tuesday.
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