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Tuesday, January 8, 2013

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01/8/2013
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
Alitalia investors consider possible sale: sources
MILAN/ROME (Reuters) - Investors in Alitalia who helped rescue the airline four years ago are considering selling their shares, with some pushing for a deal with long-time stakeholder Air France-KLM , sources with knowledge of the situation said on Monday.
Exclusive: UAE's Aldar, Sorouh reach initial merger deal - sources
DUBAI (Reuters) - Abu Dhabi's two biggest real estate developers have reached an initial agreement to merge via a share swap, with a final deal expected to be signed in the coming weeks, sources familiar with the matter told Reuters.
KKR to raise stake in Asian firm United Envirotech
(Reuters) - KKR & Co LP has agreed to make a US$40 million follow-on investment in China-focused water treatment and recycling company United Envirotech through a share purchase, the companies said in a statement on Tuesday.
Italy's Generali to buy out Czech joint venture
MILAN (Reuters) - Italy's largest insurer Generali said on Tuesday it will buy out the rest of an eastern European joint venture it holds with Czech group PPF for 2.5 billion euros ($3.3 billion), increasing its exposure to the fast-growing region.
Italy's Atlantia and Gemina accelerate on merger plan: sources
MILAN/ROME (Reuters) - Italy's Gemina , the holding company controlling Rome airport operator ADR, will soon merge into motorway group Atlantia and their boards could discuss the plan as early as in February, sources with direct knowledge of the situation said.
China's CDB wavers in support of HSBC sale of Ping An stake: sources
BEIJING/HONG KONG (Reuters) - State-run China Development Bank (CDB) has expressed concern over the funding behind the effort of Thailand's CP Group to buy HSBC's stake in Ping An Insurance , sources told Reuters, a stance that may scupper the $9.4 billion deal.
Aetna back in market with catastrophe bond offering
LONDON (Reuters) - Health insurer Aetna is seeking to raise about $150 million of protection for medical benefit claims by selling a catastrophe bond through its Cayman Islands-based Vitality Re vehicle.
Thai food, hotel firm Minor plans $1.3 billion spend, overseas buys
BANGKOK (Reuters) - Thai hotel and fast-food chain operator Minor International Pcl , which runs Burger King, Dairy Queen and The Pizza Company outlets across Asia, plans to spend at least 40 billion baht ($1.3 billion) through 2017 on expansion and acquisitions.
Wynn forms subsidiary to develop hotels outside of Las Vegas
LAS VEGAS (Reuters) - Wynn Resorts Ltd will form a new subsidiary to develop hotels and casinos outside Las Vegas, to be headed by Gamal Aziz, the former president and CEO of MGM Hospitality, chairman Steve Wynn said on Monday.
Cerberus to sell Aozora Bank stake in $1.7 billion offering
TOKYO (Reuters) - Cerberus Capital Management LP plans to sell up to 148 billion yen ($1.7 billion) of shares in Aozora Bank Ltd in a global offering that the Japanese bank said would cut the U.S. buyout firm's stake to 7.7 percent from 58 percent.
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