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Wednesday, November 13, 2013

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11/13/2013
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
PetroChina buys Petrobras' oil, gas assets in Peru for $2.6 billion
BEIJING (Reuters) - PetroChina , China's top oil and gas firm, said it had agreed to acquire Brazilian state energy firm Petrobras' oil and gas assets in Peru for $2.6 billion.
Flybe's majority shareholder bows out
(Reuters) - Flybe Group Plc said majority shareholder Rosedale Aviation Holdings has sold its entire 48.1 percent stake in the airline to institutional investors.
Lone Star wins right to buy Osaka train, warehouse operator: sources
TOKYO (Reuters) - U.S. distressed asset investor Lone Star Funds has won the right to buy the Osaka Prefectural Urban Development Co, half-owned by Japan's Osaka prefecture, for 78 billion yen ($783 million), two people with direct knowledge of the transaction told Reuters on Wednesday.
Exclusive: Patton Boggs details merger talks with Locke Lord to partners
(Reuters) - The Washington law firm Patton Boggs, well-known for its lobbying and public policy work, came one step closer on Tuesday to merging with the Dallas law firm Locke Lord, according to a lawyer at Patton Boggs.
E.ON sells 80 percent stake in Baltic wind farm to Denmark's SEAS-NVE
FRANKFURT (Reuters) - E.ON , Germany's biggest utility group, is selling an 80-percent stake in its Roedsand II offshore wind farm to Danish consumer-owned energy group SEAS-NVE for 3.2 billion Danish crowns ($577 million).
Royal Mail and CWU extend deadline for pay agreement
LONDON (Reuters) - Britain's newly privatized Royal Mail postal service said talks over pay and working conditions with the Communication Workers Union (CWU) had been extended by a week.
Exclusive: Bain in talks to buy TI Automotive for close to $2 billion - sources
NEW YORK (Reuters) - Bain Capital LLC is in advanced talks to acquire auto parts supplier TI Automotive Ltd in a deal approaching $2 billion, people familiar with the matter said on Tuesday.
ICE completes takeover of NYSE
NEW YORK (Reuters) - IntercontinentalExchange Inc's takeover of NYSE Euronext is complete and stock of the combined company will begin trading under the symbol ICE on Wednesday, said the head of ICE, an exchange and clearing house operator.
Alitalia job cuts plan unlikely to win Air France rescue
MILAN/PARIS (Reuters) - Cash-strapped Italian airline Alitalia is planning the first mass firing since its it was privatized in 2008 to cut costs, but a source said it was unlikely to go far enough to persuade top shareholder Air France-KLM to rescue it in a cash call.
Canada is open to talk about Hibernia stake: finance minister
EDMONTON (Reuters) - Canada is open to talks about what to do with its 8.5 percent stake in the Hibernia offshore oil project, Finance Minister Jim Flaherty said on Tuesday.
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