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Thursday, February 28, 2013

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02/28/2013
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
Italy works to grant Monte Paschi aid by Friday: sources
ROME (Reuters) - The Italian treasury is working to meet a March 1 deadline for granting a 3.9 billion euro state bailout to Monte dei Paschi , the country's third-biggest lender, a source close to the matter told Reuters on Wednesday.
Clearwire to tap Sprint money but continue Dish talks
(Reuters) - Wireless service provider Clearwire Corp said on Wednesday it would draw on $80 million in financing from Sprint Nextel Corp, which is seeking to buy it, but vowed to continue talks with rival bidder Dish Network Corp.
Exclusive: Vivendi may put GVT sale on hold after low bids - sources
LONDON/SAO PAULO (Reuters) - France's Vivendi SA could put the sale of its Brazilian phone and broadband Internet company GVT SA on hold as bids are coming short of the asking price of 7 billion euros to 8 billion euros, two sources familiar with the situation told Reuters.
Exclusive: BCBG exploring sale, may fetch $1 billion - sources
NEW YORK (Reuters) - Fashion house BCBG Max Azria Group Inc, whose clothing has been worn by celebrities such as Beyonce and Angelina Jolie, is exploring a potential sale that could fetch around $1 billion, two people familiar with the matter said on Wednesday.
Exclusive: Flowers Foods to win Hostess' Wonder Bread - source
(Reuters) - Flowers Foods Inc is set to buy Wonder Bread and some other brands owned by Hostess Brands Inc for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business.
EU regulators block Ryanair's third bid for Aer Lingus
BRUSSELS/DUBLIN (Reuters) - EU antitrust regulators have blocked a third attempt by Ryanair to buy Irish rival Aer Lingus , a ruling Europe's biggest low-cost airline called politically motivated and vowed to challenge in court.
India's Cipla plans $512 million takeover of South Africa's Cipla Medpro
MUMBAI (Reuters) - Indian drugmaker Cipla Ltd on Thursday sweetened its offer by 17 percent to take over South Africa's third-largest drugmaker, Cipla Medpro South Africa Ltd, ending the uncertainty of an earlier offer that had been put on hold by the Indian company.
Mylan to buy injectable drugs unit of India's Strides for $1.6 billion
(Reuters) - Generic drugmaker Mylan Inc said it will buy a unit of India's Strides Arcolab Ltd for $1.6 billion to expand its presence in the fast-growing injectable drugs market.
Spain in stand-off with Europe over Bankia valuation
MADRID (Reuters) - Spain is at odds with the European Commission over how much shareholders will lose in a rescue of nationalized lender Bankia , sources familiar with the talks said, delaying the next phase of its bailout.
Vodafone still keen to approach Kabel Deutschland-source
FRANKFURT (Reuters) - Vodafone Group Plc continues to see merit in a takeover of Germany's biggest cable operator Kabel Deutschland , a banker familiar with the plans said on Wednesday.
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