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Wednesday, March 6, 2013

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03/6/2013
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
Samsung gets a foot in at key Apple supplier Sharp with $110 million investment
TOKYO/SEOUL (Reuters) - Samsung Electronics Co, with a $110 million investment in cash-strapped Sharp Corp, will broaden its supplier base, gain access to low-power thin screen technology and get a foot in the door at one of Apple Inc's key Asian display suppliers.
Turkish Airlines still in talks on narrow-body jets
ANKARA (Reuters) - Turkish Airlines is still in talks with both Airbus and Boeing over plans to order narrow-body planes and has not yet made a final decision on the number of aircraft it will buy, Chairman Hamdi Topcu told Reuters.
PE firms explore joint bid for Life Tech: sources
NEW YORK (Reuters) - Private equity firms including Blackstone Group LP and Carlyle Group are exploring a joint offer for Life Technologies Corp , a biomedical laboratory equipment maker with a $10 billion market value, two people familiar with the matter said on Tuesday.
AIA prices $1 billion of notes to refinance Malaysia deal
HONG KONG (Reuters) - AIA Group Ltd said in a statement on Wednesday that it has priced $1 billion of senior unsecured fixed rate notes, half due in 2018 and half due in 2023.
Repsol shareholder and Argentina in talks over YPF: source
MADRID (Reuters) - A key shareholder in Spanish oil group Repsol has held talks with Argentina's government to try to broker a compensation deal for the seizure of its majority stake in national oil company YPF last year, a source with knowledge of the matter told Reuters on Tuesday.
Marriott pairs with IKEA for its first budget hotels
BERLIN (Reuters) - Marriott International moved into the economy hotel market, teaming up with IKEA's real estate arm to launch a new European chain for travelers seeking style on a budget.
Encore Capital buys Asset Acceptance Capital for $200 million
(Reuters) - Debt collector Encore Capital Group Inc has agreed to buy Asset Acceptance Capital Corp for $200 million to strengthen its position in a highly fragmented industry.
Fiat CEO says likely to agree with VEBA on Chrysler price
GENEVA (Reuters) - Fiat Chief Executive Sergio Marchionne said it was likely the Italian carmaker would agree with Chrysler's minority shareholder VEBA on a price for Fiat to buy VEBA's 41.5 percent stake in Chrysler.
Realdania selling $1 billion stake in Danske Bank
LONDON (Reuters) - Danish philanthropic association Realdania is planning to halve its stake in the country's biggest lender Danske Bank with a share sale worth as much as $1 billion.
Allflex $1billion sale attracts a dozen PE firms: bankers
LONDON (Reuters) - Private equity firm Electra's sale of Allflex is attracting a lot of interest and around a dozen buyout firms are set to bid for the livestock identification company, banking sources said.
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