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Wednesday, November 6, 2013

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11/6/2013
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
Smithfield owner Shuanghui hires banks for up to $6 billion HK IPO
HONG KONG (Reuters) - China's Shuanghui International Holdings, which bought U.S. pork producer Smithfield Foods Inc this year, has hired banks for a Hong Kong IPO, seeking to raise up to $6 billion in what could be the region's largest stock offering in four years.
Exclusive: Turkey, Iraqi Kurdistan clinch major energy pipeline deals
ANKARA (Reuters) - Iraqi Kurdistan has finalized a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon reserves to world markets, sources involved in talks said on Wednesday.
Experian halts share buyback after $850 million acquisition
LONDON (Reuters) - British credit data provider Experian said it would suspend a $500 million share buy-back program after agreeing to buy a U.S. healthcare data firm for $850 million, sending its shares lower on Wednesday.
Merlin to price London float in top half of range -sources
LONDON (Reuters) - Madame Tussauds owner Merlin Entertainments is expected to price a planned stock market listing in London in the upper half of its original range following strong investor demand, sources close to the deal said on Wednesday.
Office Depot closes deal to buy OfficeMax
NEW YORK (Reuters) - Office Depot Inc on Tuesday closed its deal to buy smaller rival OfficeMax Inc but both U.S. office retailers reported third-quarter results that missed Wall Street's profit targets, underscoring the challenges the combined company will face.
Blackstone, KKR compete for landscaper Brickman Group: sources
NEW YORK (Reuters) - Blackstone Group LP and KKR & Co LP are among the buyout firms vying for Brickman Group Holdings Inc, the largest U.S. commercial landscaping company up for sale for around $1.5 billion, according to people familiar with the matter.
Australian drug makers out-muscle miners in IPO surge
SYDNEY (Reuters) - With a track record of funding junior miners, Australia's IPO market is now warming up to something that might be just as risky as the diggers - drug makers.
Eclipse Resources considering IPO next year: CEO
NEW YORK (Reuters) - Eclipse Resources, an oil and gas company focused on drilling in Ohio's Utica shale formation, is considering an initial public offering that could come around the middle of next year, the company's chief executive said on Tuesday.
SocGen, Agricole deal on Newedge, Amundi seen November 7: paper
PARIS (Reuters) - French bank Societe Generale will announce on Thursday that it is buying Credit Agricole's 50-percent stake in their Newedge brokerage joint venture, French daily Le Figaro said on its website on Tuesday.
Cooper Tire tells court its China partner was eyeing bid
WILMINGTON, Delaware (Reuters) - Cooper Tire & Rubber Co's partner in a Chinese joint venture was exploring a bid for the fourth-largest U.S. tire maker when Cooper struck a deal with an Indian suitor, Cooper's chief executive told a court on Tuesday.
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