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Friday, December 7, 2012

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12/7/2012
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
China approval clears way for Glencore-Viterra deal
(Reuters) - Glencore International Plc received approval from China's Ministry of Commerce for its C$6.1 billion ($6.17 billion) acquisition of Canadian grain handler Viterra Inc, clearing the last regulatory hurdle for the long-delayed deal.
Time not on Fiat's side in billion dollar Chrysler deal
MILAN/DELAWARE (Reuters) - Fiat's bid to win full control of more profitable Chrysler is set to become more expensive in a few weeks, as a court ruling on a price dispute drags on and Chrysler's possible share flotation looms.
ExxonMobil to spend $300 million on Rosneft venture
MOSCOW (Reuters) - ExxonMobil agreed to spend $300 million on advanced horizontal drilling and fracking at Russian state oil company Rosneft's Siberian fields in a project designed to help Russia realize its vast tight oil potential.
ICBC, Chinese firms in talks to buy AIG unit ILFC: Bloomberg
HONG KONG (Reuters) - A group of Chinese companies, including the country's largest bank Industrial and Commercial Bank of China (ICBC) , is in talks to buy American International Group's aircraft leasing business ILFC, Bloomberg reported on Friday.
OMV says in talks to buy RWE Nabucco stake
VIENNA (Reuters) - Austrian energy group OMV may buy RWE's stake in the Nabucco gas pipeline project that aims to bring Caspian supplies to Europe, OMV Chief Executive Gerhard Roiss said on Friday.
Investindustrial confirms Aston Martin stake buy
LONDON (Reuters) - Italian private equity fund Investindustrial has signed a deal to buy 37.5 percent of Aston Martin Lagonda Ltd from its Kuwaiti owner Investment Dar.
AXA seeks buyers for some U.S. life insurance assets: Bloomberg
PARIS (Reuters) - French insurer AXA is seeking buyers for some U.S. life insurance assets that could be worth some $500 million, Bloomberg News reported, citing three unnamed sources.
Watchdog details competition concerns over German cable deal
FRANKFURT (Reuters) - Plans by Germany's largest cable company to take over the No.3 player would cement a duopoly and crimp competition, the country's antitrust watchdog said, putting pressure on the two companies to offer concessions to ease those fears
EADS shares soar as Daimler nets $2 billion from stake sale
FRANKFURT (Reuters) - German carmaker Daimler raised over $2 billion from a lightning sale of shares in Airbus parent EADS on Thursday, making it the first beneficiary of a shake-up of the European aerospace group that drove up shares in EADS.
Facebook in talks to buy Microsoft ad technology: reports
SAN FRANCISCO (Reuters) - Facebook Inc is in negotiations with Microsoft Corp about acquiring advertising technology that could allow the social network displays ads on other websites, broadly expanding its advertising business, according to media reports on Thursday.
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