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Tuesday, November 5, 2013

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11/5/2013
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
Vivendi to sell Maroc Tel stake to Etisalat for $5.7 billion
DUBAI (Reuters) - Vivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to the UAE's Etisalat for 4.2 billion euros ($5.7 billion), the latest step in the French conglomerate's drive to become more media focused.
Endo Health to buy Canadian peer Paladin Labs for $1.6 billion
(Reuters) - Specialty pharmaceutical company Endo Health Solutions Inc said it would acquire Canadian peer Paladin Labs Inc for about $1.6 billion to expand its presence in Canada and emerging markets.
Telefonica sells Czech business to focus on Italy, Brazil
MADRID (Reuters) - Telefonica agreed to sell its Czech business for 2.47 billion euros ($3.3 billion), to enable Spain's largest telecom operator to cut debt and focus on bigger operations in Italy and Brazil.
BlackBerry calls off sale, spurring doubts and stock plunge
TORONTO/NEW YORK (Reuters) - BlackBerry Ltd abandoned on Monday its plan to sell itself and said its CEO is stepping down, sparking a 16 percent dive in its share price and raising fears the struggling smartphone maker is running out of options.
Tri Pointe Homes set to hit big time with Weyerhaeuser deal
(Reuters) - Tri Pointe Homes Inc is buying Weyerhaeuser Co's homebuilding division in a $2.7 billion deal that will give it access to developed land in key markets such as California and Texas and make it one of the 10 biggest U.S. homebuilders.
TiGenix in advanced talks over Dutch facility, drug partnering
BRUSSELS (Reuters) - Belgian biotech company TiGenix said on Tuesday it was in advanced discussions to sell its Dutch manufacturing facility and separately to find a partner for its candidate treatment for a disorder linked to Crohn's disease.
UK mall owner Intu may seek partners to help fund $1.6 billion pipeline
LONDON (Reuters) - British shopping center owner Intu Properties said it may seek partners to help it fund its 1 billion pound ($1.6 billion) pipeline of projects, and said it was seeing strong demand from retailers for space as the economy recovers.
Cooper Tire heads to court to save Apollo deal
WILMINGTON, Delaware (Reuters) - Cooper Tire & Rubber Co of the United States and Apollo Tyres Ltd of India should be enjoying a honeymoon. Instead they head to court on Tuesday over their failure to close Apollo's planned $2.5 billion takeover of Cooper by last month's deadline.
Dubai luxury housing firm seeks $500 million in London listing
DUBAI (Reuters) - Dubai luxury housing developer DAMAC Properties said it plans to raise as much as $500 million from an initial public share offer in London, betting on a recovery in a property market that crashed four years ago.
Linn Energy to pay $600 million more for Berry Petroleum
(Reuters) - U.S. oil and gas producer Linn Energy LLC raised its purchase price for Berry Petroleum Co by $600 million to $4.9 billion, the companies said.
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