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Tuesday, December 3, 2013

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12/3/2013
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
Iraq, Kurds close to deal on oil exports, revenue
ANKARA (Reuters) - Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights.
Apple buys startup Topsy; gets rich Twitter data
SAN FRANCISCO (Reuters) - Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.
Cinema chain AMC Entertainment plans to raise up to $368 million from IPO
(Reuters) - U.S. cinema chain AMC Entertainment Holdings Inc plans to raise as much as $368 million from an initial public offering of 18.4 million Class A shares.
Krupp Foundation stake diluted in Thyssen capital hike: sources
FRANKFURT (Reuters) - The Krupp Foundation, ThyssenKrupp's biggest shareholder, did not participate in the German steelmaker's capital increase, three people familiar with the transaction said on Tuesday.
Managers make offer for Kering's La Redoute: report
PARIS (Reuters) - Managers at Kering's loss-making La Redoute mail order unit have made a joint offer to take over the business from Kering, Challenges magazine reported on Monday.
Blackstone-controlled Hilton plans biggest hotel IPO
(Reuters) - Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group LP's investment.
Dow Chemical to exit century-old chlorine business
(Reuters) - Dow Chemical Co said it would sell a bulk of its chlorine operations - its oldest business - as part of its plan to sell or spin off commodity chemicals assets worth up to $4 billion.
Nigeria's Oando delays deal for ConocoPhillips assets
LAGOS (Reuters) - Nigeria's Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips' Nigerian assets by two months to January.
South Africa's Bidvest attempts to torpedo $1.2 billion Adcock takeover
JOHANNESBURG (Reuters) - A Chilean group's $1.2 billion bid for South African drugmaker Adcock Ingram was challenged on two fronts on Monday, as a group led by Bidvest sought nearly a third of Adcock's shares and launched a court action against the bid.
ThyssenKrupp wins submarine order from Singapore
DUESSELDORF/FRANKFURT (Reuters) - Germany's ThyssenKrupp said on Monday it had won an order from Singapore for two customized submarines to be built at its Marine Systems unit in the northern German city of Kiel.
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