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Monday, March 4, 2013

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03/4/2013
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
Carlsberg launches take-over offer for Chinese brewer
COPENHAGEN (Reuters) - Carlsberg has launched a partial take-over bid worth 2.65 billion Danish crowns ($461.49 million) for 30.31 percent of the shares in Chongqing Brewery Company , the Danish brewer said on Monday.
Singapore's Temasek raises stake in Spain's Repsol
MADRID (Reuters) - Spanish oil group Repsol has sold a 5 percent stake to Singapore's government fund, Temasek, in a further step towards financial stability after the sale last week of gas assets to Shell.
Japex to take 10 percent stake in Petronas' Canada shale gas project
TOKYO (Reuters) - Japan Petroleum Exploration (Japex) is taking a 10 percent stake in an integrated shale gas development and liquefied natural gas (LNG) project being planned by Malaysia's Petronas in Canada's British Colombia province.
Arsenal say Kroenke has no plans to sell club
LONDON (Reuters) - Stan Kroenke has no plans to sell his majority stake in Arsenal, a spokesman for the Premier League soccer club said on Sunday, responding to a report that a Middle East consortium planned a 1.5-billion-pound ($2.25-billion) bid.
SingTel, Amdocs open joint development center in Israel
RA'ANANA, Israel (Reuters) - Singapore Telecommunications and Amdocs , a software provider for telecom companies, have opened a development center in Israel as part of SingTel's investment in new technology.
Peugeot in talks on sharing production with Russia's ZIL
PARIS/MOSCOW (Reuters) - French carmaker PSA Peugeot Citroen said it was in talks on sharing vehicle production with Russia's ZIL , confirming a report in the newspaper Vedomosti.
MetroPCS faces pressure to update SEC filings for T-Mobile deal
NEW YORK (Reuters) - MetroPCS Communications Inc is facing pressure from a major investor, demanding that merger documents for the pending deal between MetroPCS and the Deutsche Telekom AG's unit T-Mobile USA be updated to reflect the earnings of T-Mobile.
Arabtec's new chief says Aabar not seeking stake increase
DUBAI (Reuters) - Abu Dhabi investment fund Aabar has not sought to increase its 22-percent stake in Dubai-based contractor Arabtec , the builder's newly-appointed chief executive said on Sunday.
Zain to offload stake in Iraqi unit through IPO
DUBAI/BAGHDAD (Reuters) - Kuwait telecom operator Zain may be the sole seller in its Iraqi unit's IPO which could substantially cut its stake while maintaining its majority control.
Best Buy takeover play ends; turnaround in focus
NEW YORK (Reuters) - Prospects of Best Buy Co going private ended on Friday when the retailer's founder failed to strike a buyout deal with management, leaving the fate of the world's largest consumer electronics chain in the hands of CEO Hubert Joly and his turnaround plan.
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