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Tuesday, April 23, 2013

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04/23/2013
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
Thai tycoon adds to record debt pile with $6.6 billion Siam Makro offer
BANGKOK/SINGAPORE (Reuters) - Thailand's richest man is offering $6.6 billion to buy cash-and-carry wholesaler Siam Makro Pcl from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal announced this year, adding to his debt load to grab more of the buoyant Thai retail market.
Rosneft's Sechin says to work with TNK-BP minority shareholders
MOSCOW (Reuters) - Igor Sechin, head of Russia's top oil producer Rosneft , said on Tuesday he would cooperate with minority shareholders in TNK-BP Holding , marking an about-turn after investors complained they were not being treated fairly.
ABB bets on solar power with $1 billion takeover
ZURICH (Reuters) - Swiss industrial group ABB is to buy U.S. solar energy company Power-One Inc for about $1 billion, betting that growth in emerging markets will revive a sector ravaged by overcapacity and weakening demand in recession-hit Europe.
Israel's Babylon in four-year Internet deal with Yahoo
TEL AVIV (Reuters) - Israeli translation software provider Babylon has signed a four-year cooperation agreement with Yahoo Inc in the Internet sector, including on mobile devices.
Sprint forms committee, hires advisers to review Dish bid
NEW YORK (Reuters) - Sprint Nextel said on Monday that its board had formed a special committee of independent directors to review Dish Network's $25.5 billion takeover bid for the No. 3 U.S. mobile provider.
Dutch firm SHV to sell Siam Makro shares to Thailand's CP All
AMSTERDAM (Reuters) - Dutch holding company SHV said on Tuesday it has agreed to sell its shares in cash-and-carry wholesaler Siam Makro to Thai retailer CP All .
Russia's Onexim mulls buying Rusal debt: paper
MOSCOW (Reuters) - Russian billionaire Mikhail Prokhorov's Onexim group is considering buying the debt of aluminium giant RUSAL to increase its influence over strategy, or may sell out completely, Onexim's chief executive was quoted as saying.
Warburg Pincus buys stake in Polish cable operator INEA
LONDON (Reuters) - Private equity group Warburg Pincus has bought a stake of just under 50 percent in Polish cable operator INEA, providing funding to expand its network and make acquisitions.
International Airlines gains control of Spain's Vueling
MADRID (Reuters) - International Airlines Group (IAG) , the owner of British Airways and Iberia, has won sufficient backing from investors in Vueling to take control of the Spanish budget airline, Spain's stock market regulator said on Tuesday.
India's Bharti Airtel in deal to buy rival Ugandan phone company
MUMBAI (Reuters) - Bharti Airtel, the world's fourth largest mobile phone operator, said it had signed an agreement to buy rival Warid Telecom Uganda, in a move that will increase its customer base in the country by 60 percent.
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