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Thursday, January 30, 2014

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01/30/2014
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
China's Lenovo steps into ring against Samsung with Motorola deal
BEIJING (Reuters) - Lenovo Group, the Chinese technology company that earns about 80 percent of its revenue from personal computers, is betting it can also be a challenger to Samsung Electronics Co Ltd and Apple Inc in the smartphone market.
Dassault Systemes to buy U.S. based Accelrys for $750 million
PARIS (Reuters) - Dassault Systemes has agreed to buy U.S. scientific software firm Accelrys in an all-cash deal valuing the San-Diego company at about $750 million, as it seeks to expand its product portfolio, the software company said on Thursday.
Carlos Slim expected to swoop on Telekom Austria
LONDON/VIENNA (Reuters) - Mexican billionaire Carlos Slim's America Movil is expected to stay ahead of any transatlantic rush into European telecoms markets this year with a bid for majority control of Telekom Austria , bankers and industry sources say.
Mitsubishi Corp in final talks to buy Tokyo Ralph Lauren building for $342 million: sources
TOKYO (Reuters) - Japan's Mitsubishi Corp is in final talks to buy the building rented by luxury retailer Ralph Lauren Corp for its flagship store in Tokyo's posh Omotesando area for about 35 billion yen ($342 million), three people with knowledge of the deal said.
David Jones says rejected merger approach from Myer
SYDNEY (Reuters) - Australian retailer David Jones Ltd said it had rejected a takeover approach from Myer Holdings Ltd worth A$1.4 billion ($1.23 billion) in October 2013 and was no longer in talks.
TPG Capital says it is raising up to $2 billion for bridge fund
TIGARD, Oregon (Reuters) - TPG Capital LP, a private equity firm that is behind some of the world's largest leveraged buyouts, said on Wednesday it was asking some of its key investors for up to $2 billion to spend on deals until it raises a new $10 billion flagship fund.
Sotheby's sets dividend, share buybacks, investors shrug
BOSTON (Reuters) - Sotheby's said on Wednesday it will return $450 million to investors through a special dividend and a share buyback, but the moves got a lukewarm reception from investors including two activist hedge fund managers who have been pressuring the venerable auction house to make changes.
Shell cuts stake in Brazil oil project with $1 billion sale to Qatar
LONDON (Reuters) - Oil firm Royal Dutch Shell is selling a stake in a Brazilian oil project to Qatar Petroleum International (QPI) for $1 billion, in line with this year's plan to ramp up disposals.
Carphone to partner Samsung on Europe stores
LONDON (Reuters) - Carphone Warehouse , Europe's No. 1 independent mobile phone retailer, has signed a deal with Samsung Electronics Co Ltd that will see it operate over 60 Samsung stand-alone stores across the continent, it said on Wednesday.
Exclusive: Mitsubishi UFJ hunts to acquire U.S. bank or branch network
NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc is still on the hunt to acquire a bank or branch network to reach its goal of becoming one of the 10 largest U.S. banks by 2016, a senior bank official said on Wednesday.
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