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Wednesday, March 12, 2014

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03/12/2014
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
Candy Crush Saga maker King seeks $7.56 billion valuation from IPO
(Reuters) - King Digital Entertainment Plc, best known for the hit mobile phone game Candy Crush Saga, said it expects to price its U.S. initial public offering at between $21 and $24 per share, valuing the company's equity at about $7.56 billion.
Alibaba's Tsai says will 'never' change partnership structure for Hong Kong IPO
HONG KONG (Reuters) - Alibaba Group Holding will not change its partnership structure in order to list on the Hong Kong stock exchange, Executive Vice Chairman Joe Tsai told Reuters in an exclusive interview in Hong Kong on Wednesday.
Czech government approves extending lease of Gripen fighter jets: source
PRAGUE (Reuters) - The Czech government agreed on Wednesday to extend a lease of Swedish-made Jas-39 Gripen fighter jets until 2027 to secure defense needs, a government source said, confirming a report by news agency CTK.
Alibaba buys ChinaVision stake for $804 million; gains TV, movie content
HONG KONG (Reuters) - China's largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 million, giving it access to TV and movie content as competition in the world's biggest Internet market becomes increasingly cutthroat.
AstraZeneca sells British R&D site, to take $275 million charge
LONDON (Reuters) - AstraZeneca has agreed to sell its Alderley Park research site in northern England to a public-private partnership group as it moves drug discovery to a new global center in Cambridge.
Men's Wearhouse stitches up deal to buy Jos. A. Bank
(Reuters) - Men's Wearhouse Inc said it would acquire rival Jos. A. Bank Clothiers Inc for about $1.8 billion, ending a five-month saga that started with Jos. A. Bank offering to buy its larger menswear rival.
India's SpiceJet places $4.4 billion order for 42 Boeing 737s
HYDERABAD (Reuters) - Indian budget airline SpiceJet Ltd has signed a deal with Boeing Co to buy 42 737 MAX jets in a deal worth $4.4 billion at list prices, the company said on Wednesday, sending its shares up more than 7 percent.
Campari to buy Canadian whisky company for $170 million
MILAN (Reuters) - Drinks group Campari has agreed to buy Canada's Forty Creek Distillery (FCD) for 185.6 million Canadian dollars ($170 million), the Italian company said on Wednesday.
South Korea says seeks Patriot missiles upgrade deal by December
SEOUL (Reuters) - South Korea will sign a deal to upgrade its Patriot missile system by the end of this year, the defense procurement agency said on Wednesday, with the contract valued at around 1.5 trillion won ($1.41 billion).
Shares at India's Maruti drop after investors protest Suzuki deal
MUMBAI (Reuters) - Worries about a prolonged stand-off between investors and India's Maruti Suzuki Ltd sent the automaker's shares down as much as 4.2 percent on Tuesday.
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