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Wednesday, January 8, 2014

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01/8/2014
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
Chinese tycoon admits New York Times bid faces obstacles
NEW YORK (Reuters) - Chinese recycling tycoon Chen Guangbiao dialed back his ambitious plans to buy The New York Times Co just over a week after making his intentions public.
Facebook to buy Android app monitoring tool maker
(Reuters) - Facebook Inc is buying India-based Little Eye Labs, a startup that builds performance analysis and monitoring tools for mobile Android apps, to help boost its technology as it focuses on growing revenue from its mobile business.
Alibaba division bans bitcoin after China crackdown as IPO looms
BEIJING (Reuters) - China's biggest online marketplace, Alibaba Group Holding Ltd's Taobao, will ban the sale of bitcoins on the heels of a government crackdown against the virtual currency to plug a potential gap in its tight controls on capital flows.
Bain Capital Ventures, Spectrum Equity to invest in MedHOK: sources
(Reuters) - Bain Capital Ventures and Spectrum Equity are expected to take minority stakes in healthcare software provider MedHOK for $77.5 million, according to people familiar with the matter.
Nestle enters biotech deal with Cellular Dynamics
ZURICH (Reuters) - Nestle has entered into a partnership with U.S. biotechnology firm Cellular Dynamics International (CDI) as it steps up its research into the link between diet and diseases.
AstraZeneca signs deal on cancer drugs with Immunocore
LONDON (Reuters) - AstraZeneca has signed a deal with private British biotech company Immunocore to boost its experimental cancer drug pipeline as it seeks to find new medicines to replace those going off patent.
Exclusive: Northwestern Mutual explores sale of Russell Investments - sources
NEW YORK (Reuters) - Northwestern Mutual Life Insurance is exploring a possible sale of its Russell Investments asset management business, which has $247 billion in assets under management, according to four people familiar with the situation
Forest Labs to buy private peer Aptalis for $2.9 billion
(Reuters) - Forest Laboratories Inc said it would buy privately held specialty pharmaceutical company Aptalis for about $2.9 billion to gain access to Aptalis's gastrointestinal and lung drugs.
Exclusive: SpiceJet orders 40 Boeing jets worth $4 billion: sources
DUBAI/PARIS (Reuters) - Indian budget airline SpiceJet has agreed to buy about 40 Boeing 737 jets worth over $4 billion at list prices, industry sources said, a move that could help the loss-making carrier as it seeks new investors.
Exclusive: E-learning company Skillsoft seeks $2 billion sale: sources
(Reuters) - Skillsoft Ltd is exploring a sale that it hopes will value the private equity-owned provider of educational software to businesses at around $2 billion, including debt, according to several people familiar with the matter.
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