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Tuesday, September 10, 2013

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09/10/2013
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
EADS taking time on M&A, A350 is on track: executive
PAU, France (Reuters) - EADS plans to adjust its portfolio as it reorganizes defense and space activities into a single division, but is in no hurry to embark on fresh deals, the European aerospace group's strategy chief said on Tuesday.
Malaysia's Petronas exiting Venezuela crude project
HOUSTON/CARACAS (Reuters) - Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt, after what sources close to the venture and within the firm said were disagreements with Venezuelan authorities and state-run PDVSA.
Rosneft offers CNPC stake in Siberian oil producer: sources
MOSCOW (Reuters) - Russia's top oil company Rosneft has offered a stake in an East Siberian oil producer to China National Petroleum Corp as a part of their broader cooperation, sources close to the matter said on Tuesday.
China mall developer plans $1 billion Hong Kong IPO: WSJ
HONG KONG (Reuters) - SZITIC Commercial Property Co Ltd, which sold a stake in two of its malls to U.S. private equity firm Carlyle Group LP in May, plans an up to $1 billion Hong Kong IPO as soon as the fourth quarter of 2013, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Icahn ends battle for control of Dell; vote due on Thursday
(Reuters) - Carl Icahn on Monday ended his months-long effort to block Michael Dell's $25 billion offer to take Dell Inc private, smoothing the way for the largest buyout since the financial crisis.
Koch brothers move into electronics with $7.2 billion Molex deal
(Reuters) - Privately owned Koch Industries will buy Molex Inc, a maker of electronic connectors for companies including Apple Inc, for about $7.2 billion to give the billionaire Koch brothers a way to diversify from their traditional holdings in energy, chemicals and paper.
Neiman Marcus sold for $6 billion to Canada Pension Plan, Ares
NEW YORK/TORONTO (Reuters) - The owners of Neiman Marcus Inc agreed to sell the U.S. luxury department store chain to two private investors for $6 billion, almost $1 billion more than they paid for the company in 2005.
UK to announce October Royal Mail IPO: Sky
(Reuters) - The British government on Thursday plans to announce an October flotation of shares of its Royal Mail postal service, Sky News reported on its website without citing sources.
Roche boosts immunotherapy with Inovio deal
ZURICH (Reuters) - Swiss drugmaker Roche has struck an exclusive global licensing deal with Inovio Pharmaceuticals to develop vaccines to fight cancer and hepatitis B.
Thor Equities raises offer for Empire State Building
NEW YORK (Reuters) - Thor Equities LLC, one of New York City's biggest landlords, on Monday raised its offer to buy the Empire State Building, hoping to trump a plan to roll the landmark property into a trust, according to sources familiar with the matter.
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