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Thursday, December 12, 2013

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12/12/2013
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
Liberty Global in takeover talks with cable firm Ziggo
BRUSSELS (Reuters) - U.S. cable group Liberty Global is in takeover talks with Dutch operator Ziggo, its latest move to consolidate the sector in Europe in a deal analysts say could cost around 5 billion euros ($6.9 billion).
Fortum sells Finnish power distribution grid for $3.5 billion
HELSINKI (Reuters) - State-controlled Finnish utility Fortum has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments and Borealis Infrastructure for 2.55 billion euros ($3.5 billion).
Embraer shares jump on American Airlines order worth $2.5 billion
SAO PAULO (Reuters) - Shares of Brazil's Embraer SA , the world's third-largest commercial planemaker, rose about 4 percent in early Sao Paulo trading after American Airlines ordered 60 regional jets in a deal worth $2.5 billion at list prices.
American Airlines to buy up to 70 of CRJ900 NextGen aircraft
TORONTO (Reuters) - Bombardier Inc said on Thursday that American Airlines Group Inc would buy 30 of its CRJ900 NextGen aircraft and had also taken options on an additional 40 planes.
Goldman to provide $120 million pre-IPO loan to China warehouse firm
HONG KONG (Reuters) - Goldman Sachs has agreed to provide a $120 million pre-IPO loan to Shanghai-based warehouse developer e-Shang, co-founded by U.S. private equity firm Warburg Pincus , e-Shang said on Thursday.
Peugeot unveils writedown, GM backing for Dongfeng deal
PARIS/LONDON (Reuters) - French carmaker PSA Peugeot Citroen unveiled a 1.1 billion euro ($1.52 billion) writedown at its ailing overseas operations and won General Motors backing for a tie-up with China's Dongfeng.
India's GMR picks Citi, 3 others for $300-$350 million airport IPO: sources
MUMBAI (Reuters) - India's GMR Infrastructure Ltd has hired four banks including Citigroup and JPMorgan to manage the listing of its airport business that is expected to raise $300-$350 million, sources with direct knowledge of the matter said.
Spain's Sabadell says in talks to sell stake in Centro Financiero BHD
MADRID (Reuters) - Spanish bank Banco Sabadell on Thursday said it was in talks to sell its 15.8 percent stake in Dominican Republic lender Centro Financiero BHD.
SMFG says to buy Perella Weinberg's U.S. rail car lease business
TOKYO (Reuters) - Japan's Sumitomo Mitsui Financial Group said on Thursday it will acquire U.S. rail car leasing business Flagship Rail Services LLC from a fund managed by Perella Weinberg Partners LP.
Exclusive: As Fed looms, Morgan Stanley sets sale of U.S. oil terminal business
NEW YORK (Reuters) - Morgan Stanley has launched a formal effort to sell its controlling stake in U.S. oil terminal and transport business TransMontaigne, four sources said on Wednesday, following other Wall Street powerhouses in yielding to intense regulatory pressure to get out of commodity investments.
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