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Friday, March 28, 2014

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03/28/2014
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
Dongfeng, Peugeot tie-up not limited to Asia Pacific
BEIJING (Reuters) - The chairman of China's Dongfeng Motor Group said on Friday that cooperation with French carmaker PSA Peugeot Citroen is not limited to the Asia-Pacific, and that Brazil and Russia are possible future markets.
Sekisui House agrees to buy Tokyo property for $720 million: sources
TOKYO (Reuters) - Japan's Sekisui House Ltd is buying an office tower in central Tokyo for 74 billion yen ($720 million), as property prices rise to levels that allow lenders to recoup losses from a bust that followed the global financial crisis.
CBS Outdoor IPO values company at about $3.36 billion
(Reuters) - CBS Outdoor Americas Inc's said it priced its initial public offering at $28 per share, valuing the outdoor advertising company at about $3.36 billion.
A string of mega deals drives global M&A recovery in first quarter
LONDON (Reuters) - A string of large transactions drove the value of global mergers and acquisitions (M&A) activity up by 54 percent in the first quarter compared to the same period last year, reflecting greater deal-making confidence among chief executives.
Oi shares suspended in setback to Portugal Telecom tie-up
RIO DE JANEIRO/BRASILIA (Reuters) - Brazil's securities watchdog on Thursday suspended the offer of shares in telecommunications company Grupo Oi SA for up to 30 days, dealing a setback to its planned merger with Portugal Telecom .
Exclusive: Aircraft lessor Avolon prepares for IPO - sources
NEW YORK (Reuters) - Aircraft lessor Avolon is preparing for an initial public offering this year, two people familiar with the matter said, in a bet that yield-hungry investors eyeing growing demand for air travel would sustain a recent boom in aircraft finance.
Bidders picking through Southern California nuclear plant in auction
SAN DIEGO (Reuters) - Hundreds of potential buyers are bidding on tons of tools, equipment and odds-and-ends from a shuttered Southern California nuclear plant, as a utility proceeds with decommissioning it.
Cargill, Copersucar to form world's No. 1 sugar trader
LONDON/SÃO PAULO (Reuters) - U.S.-based agribusiness trader Cargill and Brazil's Copersucar announced plans on Thursday to form a business to create the world's biggest sugar trader through a 50-50 joint venture.
Total in talks with Russia's Lukoil for partnering in shale projects: FT
(Reuters) - French oil giant Total SA is planning to team up with Lukoil on its shale oil projects in Russia as the country resorts to unconventional resources to replace falling production at ageing fields in Siberia, the Financial Times reported on Thursday.
U.S. Air Force names companies eligible for $5.8 billion IT network orders
WASHINGTON (Reuters) - The U.S. Air Force on Thursday named 12 companies that are eligible to receive orders under a contract valued at up to $5.8 billion for computer network operations and infrastructure.
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