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Friday, June 21, 2013

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06/21/2013
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
Rosneft to boost oil flows to China in $270 billion deal
ST PETERSBURG (Reuters) - Russia's Rosneft agreed to double oil supplies China, in a deal it valued at $270 billion on Friday, as the Kremlin energy champion shifts its focus to Asia from saturated and crisis-hit European markets.
Morgan Stanley gets approval to buy remaining stake in wealth management joint venture
(Reuters) - Morgan Stanley said it has received regulatory approval to buy the remaining 35 percent stake in its joint wealth management business Morgan Stanley Smith Barney Holdings LLC from Citigroup Inc.
Belgium's $1 billion bpost IPO bodes well for UK's Royal Mail
BRUSSELS (Reuters) - Belgium's postal service bpost made a robust market debut on Friday, a bullish signal for Britain as it looks to sell Royal Mail.
Indonesia IPO train derails as investors hit the exits
JAKARTA/SINGAPORE (Reuters) - The spark that Matahari Department Store's $1.3 billion deal was meant to provide Indonesia's IPO market has turned into a dud.
Spreadtrum gets $1.38 billion buyout offer from China's Tsinghua Holdings
(Reuters) - Chinese cellphone chip designer Spreadtrum Communications Inc said it received a $1.38 billion buyout proposal from a unit of government-owned Tsinghua Holdings Co Ltd.
SoftBank confident Sprint deal will close in July
TOKYO (Reuters) - SoftBank Corp CEO Masayoshi Son said on Friday he was confident his company's acquisition of Sprint Nextel Corp will be completed in early July after rival bidder Dish Network Corp failed to make a counter move this week.
Casino owner Macau Legend delays HK IPO as markets tumble
HONG KONG (Reuters) - Casino owner Macau Legend Development Ltd postponed an up to $786 million initial public offering in Hong Kong, sources said on Friday, the latest casualty of volatile global markets which could claim other IPO hopefuls in the region.
Hess, Newfield launch sale of $3 billion of Asian assets -sources
HONG KONG (Reuters) - U.S. energy companies Hess Corp and Newfield Exploration Co have launched two separate auctions to sell part of their Asian oil and gas field stakes that have a combined value of about $3 billion, people familiar with the matter said.
Blackstone, Temasek eye stake in India's Shriram Ventures - sources
MUMBAI (Reuters) - U.S. private equity firm Blackstone Group LP and Singapore state investor Temasek Holdings are in separate talks to invest about $200 million in India's Shriram Ventures, the non-financial services arm of Shriram Group, three sources with direct knowledge of the matter told Reuters.
Senators urge inclusion of food safety in Smithfield review
(Reuters) - A bipartisan group of 15 U.S. senators urged the Obama administration on Thursday to consider whether the proposed sale of Smithfield Foods Inc to the Chinese meat company Shuanghui International posed a threat to the U.S. food supply that could justify blocking the deal.
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