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Monday, July 8, 2013

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07/8/2013

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

Japan's SoftBank says expects to complete Sprint deal on July 10

TOKYO (Reuters) - Japan's SoftBank Corp said on Monday that it expects to complete its $21.6 billion acquisition of U.S. wireless carrier Sprint Nextel Corp on Wednesday, July 10.

Renault-Dongfeng deal expected this month: source

PARIS/BEIJING (Reuters) - French carmaker Renault and Dongfeng Motor Group hope to sign an agreement later this month to create their planned Chinese joint venture, a source close to the carmakers said on Monday.

TPG to buy TSL Education for 400 million pounds: sources

LONDON (Reuters) - U.S. private equity firm TPG is buying TSL Education, publisher of the Times Educational Supplement, from Charterhouse in a deal worth 400 million pounds ($595.30 million), two sources familiar with the matter said on Monday.

Online coupon site Retailmenot to raise up to $200 million in IPO

(Reuters) - Online coupon company Retailmenot Inc is looking to raise up to $200 million in an initial public offering that may value the company at more than $1 billion.

Homebuilder UCP sets IPO price range at $15-$17/shares

(Reuters) - Homebuilder UCP Inc said it expects a price range of between $15 and $17 per share for its initial public offering of 7.8 million shares.

Manchester United adds Russia's Aeroflot to global sponsorship cast

MANCHESTER, England (Reuters) - State-controlled airline Aeroflot joined Manchester United's growing list of global sponsors on Monday, the first Russian company to partner with the English soccer champions.

Malone, cable deals in spotlight at Sun Valley conference

(Reuters) - Liberty Media Corp Chairman John Malone, who has bought and sold cable and media companies for decades, might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight at the annual gathering of media and tech moguls.

FCC gives official nod to deals by SoftBank, Sprint, Clearwire

WASHINGTON (Reuters) - The Federal Communications Commission on Friday announced its official approval of two related deals by Sprint Nextel Corp, SoftBank Corp and Clearwire Corp.

San Miguel says has talked with ANA for Philippine Air deal

MANILA (Reuters) - Philippine conglomerate San Miguel Corp said on Monday it has held preliminary talks with Japan's All Nippon Airways for a possible partnership in Philippines Airlines Inc (PAL) .

Dell shares fall as investors bet against higher buyout bid

(Reuters) - Shares of Dell Inc fell more than 3 percent on Friday, as investors grew skeptical that founder Michael Dell and Silver Lake Partners will raise their $24.4 billion buyout bid in order to overcome growing opposition.