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Friday, August 16, 2013

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08/16/2013
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
Icahn seeks to fast-track his Dell lawsuit
(Reuters) - Activist investor Carl Icahn will ask a Delaware court on Friday to fast-track his lawsuit against Dell Inc , a key thrust in his months-long effort to derail CEO Michael Dell's controversial $24.8 billion offer to buy and take private the No. 3 PC maker.
Goldman, Morgan Stanley in talks to buy stake in China's Huarong: FT
HONG KONG (Reuters) - Deutsche Bank, Goldman Sachs and Morgan Stanley have held talks with China's Huarong Asset Management Corp to invest in its $1.5 billion stake sale ahead of the company's expected initial public offering next year, the Financial Times reported.
At least one bid qualified for $7.4 billion South Korea fighter jet deal
SEOUL (Reuters) - South Korea said on Friday that at least one bid came in under budget for its 8.3 trillion Korean won ($7.42 billion) purchase of 60 next generation fighter jets, the country's biggest-ever defense import program to replace its ageing fleet.
China's new economic zone fails to draw HK property tycoons
HONG KONG (Reuters) - A much-hyped land auction in a developing free-trade zone in southern China failed to attract any of Hong Kong's powerful property developers, signaling growing investor caution towards the ambitious $45 billion project.
TDF gets bids bellow 4 billion euros for French unit-sources
LONDON (Reuters) - Telediffusion de France (TDF) received bids bellow 4 billion euros ($5.31 billion) for its domestic unit, raising concerns over the deal and the company's ability to repay debt, three sources familiar with the matter said.
Russian bank VEB selling down EADS stake: report
MOSCOW (Reuters) - Russian state development bank Vnesheconombank, or VEB, is continuing to sell down its 5.02 percent stake in Airbus's parent EADS with the proceeds destined for local plane maker Sukhoi, Vedomosti newspaper said on Friday.
L'Oreal seeks more China glow with $840 million bid for skincare firm
PARIS/HONG KONG (Reuters) - L'Oreal SA has offered to buy Chinese facial mask maker Magic Holdings International Ltd , a move that would put the world's largest cosmetics group in the lead of the fastest growing sector in China's $15 billion skincare market.
Russia's Rostelecom launches $1 billion share buyback: reports
MOSCOW (Reuters) - Russian telecoms operator Rostelecom has launched a 30 billion rouble ($909 million) buyback offer for around 30 percent of the shares held by minority investors, Russian media said on Friday, citing sources close to the firm.
Fortescue says still pursuing partial sale of rail, port assets
SYDNEY (Reuters) - Australia's Fortescue Metals Group Ltd is still pursuing a sale of a minority stake in its TPI rail and port infrastructure unit after announcing a $500 million investment by Taiwan's Formosa Plastics Group .
IBM says it will buy Trusteer, source says paying close to $1 billion
(Reuters) - IBM, the world's biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud.
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