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Wednesday, November 27, 2013

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11/27/2013
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
Panasonic to sell three Japan chip plants to Israel's TowerJazz: sources
TOKYO (Reuters) - Panasonic Corp will sell its three main chip plants in Japan to Israel's TowerJazz, people with direct knowledge of the matter said on Wednesday, as the electronics giant wraps up a multi-billion-dollar restructuring drive.
Orange to sell Dominican Republic unit to Altice for $1.4 billion
PARIS (Reuters) - Orange has agreed to sell its Dominican Republic business to Luxembourg-based cable and telecommunications company Altice for $1.4 billion as France's largest telecom operator seeks to cut debt.
British engineer Amec eyeing Foster Wheeler takeover: report
(Reuters) - British engineer Amec is eyeing a takeover of U.S.-listed engineering company Foster Wheeler AG in a potential deal that could create a 5 billion pound ($8 billion) energy services group, The Times reported on Wednesday, citing sources.
Exclusive: Teck, Newmont, Blackstone in joint Las Bambas bid - sources
NEW YORK/TORONTO (Reuters) - Teck Resources Ltd , Newmont Mining Corp , private equity firm Blackstone Group LP and a firm led by the former head of Barrick Gold are working together on a bid for Glencore Xstrata's Las Bambas copper mine in Peru, according to several people familiar with the matter.
Exclusive: Danaher, Blackstone in joint bid for Ashland water unit - sources
NEW YORK (Reuters) - Industrial conglomerate Danaher Corp and private equity firm Blackstone Group LP are pursuing a joint bid for chemicals manufacturer Ashland Inc's water technologies unit, two people familiar with the matter said on Tuesday, in a deal that could top $1.5 billion.
UK says last minute price hike would have risked Royal Mail sale
LONDON (Reuters) - Britain's sale of the Royal Mail postal service, its biggest privatization in decades, would have been put at "considerable risk" if it had tried to raise the price at the last minute, ministers said on Wednesday.
Murray Goulburn asks regulator to step in over Saputo bid for Warrnambool
SYDNEY (Reuters) - Murray Goulburn Co-operative Co Ltd has asked the Australian Takeovers Panel to force rival suitor Saputo Inc drop its revised offer for Warrnambool Cheese and Butter Factory Co , the regulator said on Wednesday.
Regulator says to rule on Fresenius's hospitals deal by Feb
FRANKFURT (Reuters) - Germany's antitrust regulator said on Wednesday it would take until end-February 2014 for it to rule on Fresenius SE's planned purchase of most of Rhoen-Klinikum's hospitals.
Amec not in talks with Foster Wheeler: source
LONDON (Reuters) - British engineer Amec is looking at Swiss-based rival Foster Wheeler among a number of potential acquisition targets, but is not currently in talks with the company, a source close to the matter said on Wednesday.
Men's Wearhouse turns tables with bid for Jos. A. Bank
(Reuters) - Men's Wearhouse Inc struck back at Jos. A. Bank Clothiers Inc with a $1.5 billion bid to acquire the suit and tuxedo retailer, only weeks after rejecting a takeover offer from its smaller rival.
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