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Tuesday, February 19, 2013

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02/19/2013
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
Vodafone hires Goldman Sachs on possible Kabel bid: source
FRANKFURT (Reuters) - Vodafone has hired its long-time bank Goldman Sachs to advise on a possible multi-billion-euro bid for German cable operator Kabel Deutschland , a person with direct knowledge of the matter told Reuters on Tuesday.
Office Depot, OfficeMax in talks to merge; deal seen soon
NEW YORK (Reuters) - Office Depot Inc , the No.2 U.S. office supply retailer, is in advanced talks to merge with smaller rival OfficeMax Inc and a deal could come as early as this week, a person familiar with the matter said on Monday.
Mexico's Gigante does not rule out Office Depot purchase
MEXICO CITY (Reuters) - Mexican retailer Grupo Gigante on Monday did not rule out a possible acquisition of the 50 percent stake in the Mexican unit of U.S. office-supply store chain Office Depot that it does not already own, following a report it was in talks to do so.
Vodafone looks to fixed buys to escape mobile squeeze
PARIS/LONDON (Reuters) - Vodafone's interest in Germany's biggest cable company Kabel Deutschland could foreshadow more fixed network acquisitions, notably in Spain, as it tries to keep up with tightening competition in Europe.
Melco's Philippine casino unit plans share sale
MANILA (Reuters) - The Philippine unit of Macau casino company Melco Crown Entertainment Ltd said on Tuesday it plans to sell up to 1 billion shares as it prepares to develop a $1 billion casino-resort project with local partner Belle Corp.
Japan's Orix agrees to buy Rabobank arm for $2.5 billion
TOKYO (Reuters) - Japanese financial services firm Orix Corp said on Tuesday it has agreed to buy Dutch asset manager Robeco from its owner, Rabobank , for 1.935 billion euros ($2.58 billion) in a cash-and-stock deal.
Eurobank accepts NBG's buyout offer to form biggest Greek bank
ATHENS (Reuters) - A large majority of shareholders at Greek lender Eurobank have accepted an all-share buyout offer from larger rival National Bank (NBG) , clearing the way for a merger to form the country's biggest lender.
Last-minute Bumi sale threatens Rothschild victory hopes
LONDON/JAKARTA (Reuters) - A key Indonesian investor has sold his 10 percent holding in Bumi Plc only days before a key vote on the miner's future, threatening Nat Rothschild's hopes of victory in the battle to win control of the company.
Natixis shares soar on ownership overhaul
PARIS (Reuters) - Natixis shares leapt as much as 30 percent on Monday, a day after the French bank announced an ownership overhaul that paves the way for higher dividends and fuelled speculation rival Credit Agricole might try a similar move.
UAE signs $1.4 billion defense contracts, including drones
ABU DHABI (Reuters) - The United Arab Emirates (UAE) has signed defense contracts worth 5.2 billion dirhams ($1.4 billion), including one for unmanned aerial drones, a spokesman for the country's military said on Monday.
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