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Monday, February 24, 2014

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02/24/2014
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
Facebook CEO riding high - for now, after WhatsApp deal
SAN FRANCISCO/BARCELONA (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will take a victory lap at the world's largest mobile technology conference in Barcelona on Monday, after beating out Google Inc in a $19 billion acquisition of free messaging service WhatsApp. But he is facing a new arduous race on the horizon.
UK's Dixons, Carphone Warehouse in merger talks
LONDON (Reuters) - Britain's Dixons Retail and Carphone Warehouse are in merger talks that could create an electrical goods and mobile-phone group with a market capitalization of more than 3.4 billion pounds ($5.84 billion).
Vivendi and Altice discuss SFR-Numericable tie-up
PARIS (Reuters) - French media group Vivendi confirmed on Monday it had been approached by cable group Altice over a tie-up between mobile operator SFR and cable firm Numericable , but said it had not yet received any formal offer.
LVMH invests in Italian brand Marco de Vincenzo: sources
PARIS/MILAN (Reuters) - French luxury group LVMH will unveil on Monday a joint venture with Italian fashion brand Marco de Vincenzo as part of its strategy to gain exposure to young and potentially fast-growing fashion labels, sources close to the matter said.
Cinven confirms $915 million Medpace buyout
LONDON (Reuters) - Cinven Ltd is to buy pharmaceutical contract research company Medpace Inc for $915 million from CCMP Capital Advisors LLC, providing more evidence of the sector's attractions for private equity.
Bayer clinches $2.9 billion deal for Norway's Algeta
OSLO/FRANKFURT (Reuters) - German drug firm Bayer has clinched a $2.9 billion deal to take over Norwegian cancer drug maker Algeta after being tendered 92.17 percent of the shares in a cash offer, the companies said on Monday.
Radio frequency chipmakers RF Micro, TriQuint to merge
(Reuters) - Radio frequency chipmakers RF Micro Devices Inc and TriQuint Semiconductor Inc said they would merge in an all-stock deal to create a new company with combined revenue of more than $2 billion.
Alcatel to stay out of telecom price war, inks Intel deal
BARCELONA (Reuters) - Alcatel-Lucent said it would stay out of a brewing price war in the telecom equipment market and set itself apart with better service and new products, including those from a partnership announced on Sunday with Intel Corp.
BDO to acquire Deutsche Bank's trust business in Philippines
MANILA (Reuters) - BDO Unibank Inc , the Philippines' top lender, said on Monday it had signed a definitive agreement to acquire the trust business of Deutsche Bank AG, Manila Branch.
British insurer RSA says considering a cash call
LONDON (Reuters) - British insurer RSA said it is considering a rights issue among a range of measures to help repair its balance sheet, the company said on Sunday.
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