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Thursday, May 16, 2013

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05/16/2013
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
EU regulators to rule on Delta, Virgin airline deal by June 20
BRUSSELS (Reuters) - EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49 percent stake in Virgin Atlantic , which would help Delta to better compete with rivals United Continental and American Airlines.
Bayer to acquire herbal medicine maker Steigerwald
FRANKFURT (Reuters) - Germany's largest drugmaker Bayer said it agreed to buy privately held Steigerwald Arzneimittelwerk GmbH, a maker of herbal treatments.
Dixons eyes sale or closure of PIXmania
LONDON (Reuters) - Dixons Retail , Europe's second-biggest electrical goods retailer, said on Thursday it would like to sell its loss-making PIXmania e-commerce business and if that proved impossible closure of the operation was an option.
Chevron agrees terms of Argentina shale investment: YPF
BUENOS AIRES (Reuters) - Argentine energy company YPF signed an agreement with U.S. oil major Chevron Corp on Wednesday to define the terms and conditions of Chevron's investment of up to $1.5 billion in Argentina's vast Vaca Muerta shale field.
China Galaxy IPO raises $1.1 billion, priced for first day pop
HONG KONG (Reuters) - State-owned China Galaxy Securities Co Ltd raised $1.1 billion in Hong Kong's biggest IPO in six months, pricing the offer at the low end of its marketing range as it looks for a first day pop on its debut next week.
Exclusive: Roche exploring sale of diabetes device unit
NEW YORK (Reuters) - Swiss drugmaker Roche Holding AG is exploring a sale of its blood glucose meters business, three people familiar with the matter told Reuters on Wednesday, as the industry grapples with increased competition and reimbursement pressure.
Tesla aims to raise $830 million in stock, debt to repay U.S. loan
(Reuters) - Tesla Motors Inc , which posted its first-ever quarterly profit last week, said on Wednesday that it aims to raise $830 million through a stock and debt offering that will be used to repay its U.S. Department of Energy loans with interest.
Exclusive: Bain in the lead as Yankee Candle sale fizzles - sources
NEW YORK (Reuters) - Bain Capital LLC has emerged as the last party standing in the race for Yankee Candle Co Inc, three people familiar with the matter said, making it likely that the largest scented candle maker in the United States will stay in private equity hands.
Dish lines up banks to finance Sprint bid: sources
NEW YORK (Reuters) - Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two people familiar with the matter.
DDR to buy shopping center stake from partner Blackstone
NEW YORK (Reuters) - DDR Corp , owner of shopping centers where big-box retailers are located, said on Wednesday it had agreed to buy from Blackstone Group LP the portion of 30 centers it does not already own for $1.46 billion.
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