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Thursday, December 27, 2012

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12/27/2012
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
Rosneft lines up financing for $55 billion TNK-BP takeover
MOSCOW (Reuters) - Rosneft , seeking to finance Russia's largest-ever takeover deal, has raised $16.8 billion in bank loans and agreed on long-term trade finance deals with the world's largest oil traders, Glencore and Vitol.
Covidien to acquire CV Ingenuity
(Reuters) - Medical device and products maker Covidien Plc on Wednesday said it has a definitive agreement to acquire CV Ingenuity, a privately-held company focusing on treatments for peripheral arterial disease.
Vinci bid expected to win Portugal's ANA: sources
LONDON/LISBON (Reuters) - French construction group Vinci is expected to win a bidding race for Portuguese airports operator ANA, with a deal that could help indebted Portugal raise up to 3 billion euros ($4 billion), three people with knowledge of the matter said.
Piano maker Steinway takes down "for sale" sign
NEW YORK (Reuters) - Steinway Musical Instruments Inc, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.
Taiwan's Fubon says to buy China bank stake for $1 billion
TAIPEI (Reuters) - Fubon Financial , one of the most aggressive Taiwanese financial firms expanding into the Chinese market, said on Thursday it will buy an 80 percent stake in China's Firstsino Bank for 6.45 billion yuan ($1.03 billion).
Toshiba in talks with three firms to sell part of Westinghouse stake: media
TOKYO (Reuters) - Japan's Toshiba Corp is in talks with three parties, including U.S. engineering firm Chicago Bridge and Iron Company NV , to sell a portion of its stake in its nuclear power unit Westinghouse, according to media reports.
Clariant offloads textile chemicals, paper and emulsions
ZURICH (Reuters) - Clariant AG said it is selling its textile chemicals, paper specialties and emulsions businesses to U.S.-based investment firm SK Capital for 502 million Swiss francs ($550 million).
Sharp plan to sell Nanjing plant to Hon Hai on hold: source
TOKYO/TAIPEI (Reuters) - Struggling Japanese TV maker Sharp Corp's plan to sell its Nanjing plant in China to Taiwan's Hon Hai Precision Industry Co Ltd has been frozen and may not materialize, a source familiar with the matter said on Thursday.
Tycoons to largely reinvest TNK-BP cash in Russia
MOSCOW (Reuters) - Soviet-born tycoons selling out of TNK-BP will largely reinvest the proceeds from Russia's biggest takeover deal back into the country, the AAR consortium said on Tuesday, following President Vladimir Putin's call on them to do so.
KT says submits preliminary bid for Maroc Telecom stake
SEOUL (Reuters) - South Korean telecommunications firm KT Corp on December 17 submitted a letter of intent to buy a stake in Maroc Telecom , a spokeswoman for KT said on Wednesday.
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