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Tuesday, September 17, 2013

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09/17/2013
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
Lloyds share sale raises prospect of UK's complete exit by 2015
LONDON (Reuters) - Britain could have sold the 6 percent stake in banking group Lloyds it placed with investment institutions nearly three times over, sources said, raising the prospect it could sell all its shares before the 2015 General Election.
Vodafone has 76.48 percent of Kabel Deutschland shares
FRANKFURT (Reuters) - Vodafone has secured 76.48 percent of shares in Kabel Deutschland for its 7.7 billion euro ($10 billion) offer for Germany's largest cable company, the telecom operator said on Monday.
Qatar looking less likely to bid for Versace: sources
MILAN (Reuters) - Qatar is looking less likely to bid for the iconic Italian fashion house Versace despite holding talks with the group earlier this year, two sources with direct knowledge of the matter told Reuters.
S.Korea's Daewoo E&C wins $521 million order in Saudi Arabia
SEOUL (Reuters) - Daewoo Engineering & Construction Co Ltd said on Tuesday it won a 564.4 billion won ($521.49 million) order from Japan's JGC Corp to build naphtha treatment and other facilities for a refinery in Jazan, Saudi Arabia.
Huntsman to buy Rockwood's pigment, additive businesses
(Reuters) - Huntsman Corp said it would combine its pigment business with Rockwood Holdings Inc's as part of a $1.1 billion deal and eventually take the business public.
UK to consider retail offer in future Lloyds share sales
LONDON (Reuters) - Britain will consider offering shares to private retail investors when it offloads more of its stake in Lloyds Banking Group , Finance Minister George Osborne said on Tuesday.
India's GMR sells $35 million highway stake to slash debt
NEW DELHI (Reuters) - India's GMR Infrastructure Ltd has sold its majority stake in a highway project for about $35 million, as debt-laden companies step up sales of some assets to boost earnings in a sector struggling with a weak economy.
Schaeffler sells 4 percent of Continental AG for $1.3 billion
FRANKFURT (Reuters) - German car parts maker Schaeffler Group has sold a 3.9 percent stake in automotive supplier Continental AG for about 950 million euros ($1.3 billion), taking advantage of a more than 20-year high in Continental's share price to pay down debt.
IAG to steer clear of European airline M&A: CEO
LONDON (Reuters) - IAG , parent of British Airways and Spain's Iberia, will not take part in any European airline consolidation and sees more interesting opportunities elsewhere, its chief executive said.
Dutch to purchase 37 F-35 fighter planes - sources
AMSTERDAM/WASHINGTON (Reuters) - The Netherlands will purchase 37 F-35 Joint Strike Fighter planes, two sources with knowledge of the matter told Reuters on Tuesday, a decision that should end years of political wrangling over ballooning costs and delays.
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