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Wednesday, June 12, 2013

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06/12/2013
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
Vodafone moves for Kabel Deutschland in quad-play push
LONDON (Reuters) - Vodafone said on Wednesday it had made an approach to buy Germany's biggest cable company Kabel Deutschland in what could be its largest deal since 2007 and mark a departure from its roots as a pure mobile operator.
Rio, Glencore in talks over Australian coal assets: sources
LONDON (Reuters) - Miners Rio Tinto and Glencore Xstrata have held early-stage talks to consider a plan that could combine thermal coal assets in Australia as they battle low prices and high costs, two sources familiar with the plan said.
ISS backs SoftBank-Sprint deal after offer sweetened
(Reuters) - Proxy advisory firm Institutional Shareholder Services (ISS) has recommended Sprint Nextel Corp shareholders vote for SoftBank Corp's revised offer, after the Japanese mobile operator sweetened its buyout terms.
Royalty pursuing hostile bid for Elan, fights Irish panel ruling
NEW YORK (Reuters) - Royalty Pharma, pursuing a hostile $8 billion takeover of Irish drugmaker Elan Corp Plc, moved on Tuesday to make sure it is not blocked by a potential $200 million share buyback and drug spinoff at the target company.
SoftBank raises Sprint offer, wins key shareholder support
TOKYO/NEW YORK (Reuters) - Japanese mobile operator SoftBank Corp said it agreed with Sprint Nextel Corp to raise its offer for the U.S. wireless carrier to $21.6 billion from $20.1 billion, as it fights off a counter bid by Dish Network Corp .
Dole's 90-year-old CEO offers to take company private
(Reuters) - At an age when many 90-year-olds are satisfied with playing gin rummy in a nursing home, Dole Food Co Inc Chief Executive David Murdock is planning his next big deal.
South Korea's Samsung Heavy wins $1.3 billion order from Statoil
SEOUL (Reuters) - Samsung Heavy Industries Co Ltd said on Wednesday it had won a 1.46 trillion won ($1.3 billion) order to build two large-scale jack-up rigs for Norway's Statoil ASA .
DBS may review Danamon deal if allowed only a 40 percent stake: report
SINGAPORE (Reuters) - DBS Group Holdings Ltd may review its planned acquisition of a stake in Indonesia's PT Bank Danamon if the Singapore lender is allowed to buy only a 40 percent share, DBS's chairman told Singapore's Business Times newspaper.
NewSat flags interest in Singtel's sale of Optus unit: report
SYDNEY (Reuters) - Australian satellite communications company NewSat has flagged its interest in Singapore Telecommunications Ltd's A$2 billion ($1.88 billion) sale of its Australian unit, Optus Satellite.
Bombardier eyes jumping on board Mexico's passenger train plan
MEXICO CITY (Reuters) - Bombardier Inc , the world's biggest train manufacturer, anticipates bidding on all six of the new Mexican passenger rail projects it expects to be tendered later this year, the company's Mexico chief said on Tuesday.
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