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Wednesday, May 22, 2013

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05/22/2013
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
DBS-Danamon deal hinges on Singapore's invite to Indonesian banks
SINGAPORE/JAKARTA (Reuters) - Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians.
Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
Merck signs $5 billion share buyback agreement with Goldman Sachs
(Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.
Sprint raises Clearwire offer, not enough for some
(Reuters) - Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share on Tuesday under pressure from activist shareholders, but the new bid failed to impress several big investors.
Rolls-Royce wins engine order from U.S. lessor CIT
LONDON (Reuters) - Britain's Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by U.S. leasing company CIT Aerospace, it said on Wednesday.
Roche, Sigma teamed up for failed Life Technologies bid: sources
NEW YORK (Reuters) - Roche Holding AG teamed up with Sigma-Aldrich Corp to make an unsuccessful bid for Life Technologies Corp earlier this year, people familiar with the matter said.
France Tel to invest up to 50 million euro in Dailymotion: report
PARIS (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn, its chief executive said on Tuesday.
Telecom Italia mulls mobile unit spinoff: sources
MILAN (Reuters) - Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network to bring new investors on board, three people, including a senior political source, told Reuters on Tuesday.
Oaktree founders could reap up to $80 million each in stock sale
NEW YORK (Reuters) - Oaktree Capital LLC , the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares if the firm clears net proceeds of $367.6 million.
Scotiabank says China reevaluating Guangzhou deal
TORONTO (Reuters) - Bank of Nova Scotia Chief Executive Rick Waugh said on Tuesday that Chinese authorities are reevaluating whether they want to go ahead with a deal to sell 20 percent of Bank of Guangzhou to the Canadian bank.
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