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Friday, January 25, 2013

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01/25/2013
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
Cisco sells home networking business to Belkin
SAN FRANCISCO (Reuters) - Cisco Systems Inc is selling its home networking business to Belkin, the networking giant's latest move to exit the consumer business.
BlackRock has 5 percent stake in SocGen: French market regulator
PARIS (Reuters) - Asset manager BlackRock has a stake of just over 5 percent of French bank Societe Generale , French market regulator AMF said on Friday.
Credit Agricole Bankinter stake sale offset by charge
PARIS (Reuters) - Credit Agricole sold a 5.2 percent stake in Spain's Bankinter , continuing its strategy to refocus on domestic operations, but saw profit from the deal eclipsed by a big charge as its owners revalued their Agricole holding.
Japan wants Nissan-NEC venture to buy Sony battery operations: media
TOKYO (Reuters) - A Japanese state-backed fund wants a Nissan Motor Co Ltd and NEC Corp joint venture to buy Sony Corp's lithium-ion battery unit to prevent rivals in China and Taiwan from getting its technology as the Tokyo TV maker looks to offload non-core businesses, the Daily Yomiuri said.
Silver Lake's bid likely the best Dell shareholders get
NEW YORK (Reuters) - A potential bid by private equity firm Silver Lake and its partners to take Dell Inc private is unlikely to be topped by other investors, people familiar with the matter said.
Nortel Networks talks on dividing cash from sales end
(Reuters) - Talks to divide $9 billion raised from the sale of businesses of Nortel Networks, the telecoms equipment maker that went bankrupt in 2009, ended without agreement, and the mediator said on Thursday further discussions were no longer worthwhile.
Amazon buys text-to-speech software company Ivona
SAN FRANCISCO (Reuters) - Amazon.com Inc said on Thursday it acquired text-to-speech technology company Ivona Software, a sign that the world's largest Internet retailer may be looking to develop more services similar to Apple Inc's Siri voice-based search product.
Japan's Aeon eyes CVC's Indonesian retailer Matahari: sources
HONG KONG (Reuters) - Japan's Aeon Co Ltd and a unit of Thailand's Central Group are eyeing a bid for PT Matahari Department Store , a CVC-owned retail group in Indonesia for which the private equity firm is seeking as much as $3.5 billion, sources familiar with the matter told Reuters.
Videogame maker THQ gets court approval for sale of assets
(Reuters) - Videogame maker THQ Inc said it received court approval to sell its assets to various buyers for about $72 million and will split up following the sale.
Ukraine set to sign landmark $10 billion shale gas deal with Shell
KIEV (Reuters) - Ukraine will take a first major step away from dependency on Russian gas supplies on Thursday when it seals a $10 billion shale gas deal with Royal Dutch Shell .
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