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Monday, December 17, 2012

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12/17/2012
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
Sprint sweetens bid for Clearwire to $2.2 billion
(Reuters) - Sprint Nextel Corp raised its offer for Clearwire Corp by 7 cents per share to buy the rest of the wireless service provider for $2.2 billion.
AIG to raise up to $6.5 billion through AIA share sale: sources
HONG KONG (Reuters) - American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer helped found nearly 100 years ago.
Sun Life to sell U.S. annuity business for $1.35 billion
(Reuters) - Canada's Sun Life Financial Inc said it will sell its U.S. annuity business and some life insurance businesses for $1.35 billion to Delaware Life Holdings, a company owned by shareholders of institutional asset manager Guggenheim Partners.
Laclede to buy two utilities from Energy Transfer for $1 billion
(Reuters) - Utility holding company Laclede Group Inc will acquire two Southern Union utilities, Missouri Gas Energy and New England Gas Co, from Energy Transfer Equity for about $1 billion, the companies said.
Exclusive: Carlyle risks lower profit on TCW deal
NEW YORK (Reuters) - Carlyle Group LP's planned $780 million takeover of TCW Group Inc could prove less lucrative than envisioned due to the investment manager's financial ties to buyout firm EIG Global Energy Partners LLC, a TCW document to its lenders shows.
First Quantum goes hostile with sweetened bid for Inmet
LONDON (Reuters) - Miner First Quantum launched a sweetened offer for Canadian rival Inmet Mining , taking to shareholders a deal that values the owner of the giant Cobre Panama copper project at about C$5.1 billion ($5.2 billion).
Malaysia's Khazanah to sell stake in Time Engineering
KUALA LUMPUR (Reuters) - Malaysia's state investor Khazanah Nasional Bhd said it wants to sell its 45 percent stake in Time Engineering Bhd as part of a wider plan to divest non-core assets.
ENBD frontrunner to buy BNP Paribas Egypt retail arm: sources
DUBAI (Reuters) - Emirates NBD , Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' Egyptian retail business, three sources familiar with the matter said, in a deal likely to raise $400-500 million for the French lender.
GDF Suez sells stake in Canadian wind, solar projects
PARIS (Reuters) - French gas firm GDF Suez said it would sell a 60 percent stake in its Canadian wind and solar projects, which has an enterprise value of 1.5 billion euros, as part of its debt reduction efforts.
BP sells interest in North Sea gas field to SSE for $288 million
(Reuters) - Oil company BP Plc said it would sell its interest in the Sean gas field in the UK North Sea to British utility SSE Plc for $288 million, as part of its strategy to sell its stakes in non-operated North Sea assets.
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