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Friday, March 1, 2013

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03/1/2013
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
Three Spanish lenders bid for nationalized Catalunya Banc: sources
MADRID (Reuters) - At least three Spanish banks have submitted non-binding bids for nationalized lender Catalunya Banc, three sources familiar with the auction said on Thursday.
Carlyle-led consortium agrees to buy 7 Days for $688 million
HONG KONG (Reuters) - A consortium led by Carlyle Group and company management has reached a deal to take Chinese economy hotel chain 7 Days Group Holdings Ltd private, after raising its bid by 9 percent to $688 million.
Analysis: U.S. deal has Brazil's Embraer flying high in defense
SAO PAULO (Reuters) - With its first-ever U.S. military contract in hand, the defense unit of Brazilian planemaker Embraer SA has finally hit the big time, establishing itself as a global player while the rest of the industry struggles with shrinking budgets.
Expanding William Hill buys out online partner
(Reuters) - William Hill is to pay 424 million pounds ($643 million) for full control of its online business, marking an acceleration of the expansion of Britain's largest bookmaker.
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.
Nomura to cut stake in property firm in latest asset sale
TOKYO (Reuters) - Nomura Holdings Inc said on Friday that it would cut its stake in Nomura Real Estate Holdings in a deal that will raise about $577 million as Japan's largest brokerage prepares for tougher capital regulations.
Bertelsmann buys KKR's stake in music rights group BMG
FRANKFURT (Reuters) - Bertelsmann, Europe's largest media company, is buying private equity firm KKR's stake in their joint venture music rights management company BMG.
New York investigating BofA for mortgages-filing
(Reuters) - Bank of America Corp said in a securities filing on Thursday that the New York State Attorney General was investigating the bank over its purchase, securitization and underwriting of home loans.
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.
Herbalife gives Icahn board seats, right to boost stake
(Reuters) - Herbalife Ltd said it plans to add two directors to its board picked by activist investor Carl Icahn, who has supported the nutritional products company in its fight against hedge fund manager William Ackman.
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