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Wednesday, May 14, 2014

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05/14/2014
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
Yahoo buys mobile 'self-destruct' messaging app Blink
(Reuters) - Yahoo Inc has bought Blink, a mobile messaging startup whose app lets users send messages that will self-destruct at a time set by the sender.
Pfizer pledges to ringfence drug development in AstraZeneca deal
LONDON (Reuters) - Pfizer said it would ringfence the development of important drugs if it acquired AstraZeneca , rejecting a charge from the British company that a takeover would disrupt important research and put lives at risk.
McKesson offers remaining Celesio shareholders 22.99 euro/share
FRANKFURT (Reuters) - U.S. drugs wholesale group McKesson plans to offer shareholders, which did not tender their shares in Celesio , a compensation of 22.99 euros a share as it seeks full control over the German peer.
UAE's Etisalat completes $5.7 billion Maroc Tel stake buy from Vivendi
DUBAI (Reuters) - Etisalat has completed its purchase of a 53 percent stake in Maroc Telecom from Paris-listed Vivendi for 4.14 billion euros ($5.67 billion), the United Arab Emirates operator said in a statement on Wednesday.
Monte dei Paschi foundation gets Bank of Italy's OK to stake sale
MILAN (Reuters) - Fondazione Monte dei Paschi, the former top shareholder in Banca Monte dei Paschi di Siena , said on Wednesday Italy's central bank had authorized the sale of a 6.5 percent stake in the bank to two Latin American investors.
Alibaba's Jack Ma: investors and entrepreneurs like husbands and wives
BEIJING (Reuters) - Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering.
Exclusive: TPG prepares American Tire for IPO - sources
NEW YORK (Reuters) - Private equity firm TPG Capital LP is exploring an initial public offering of American Tire Distributors Inc that could value the company, one of the largest U.S. tire distributors, at more than $2.5 billion, according to people familiar with the matter.
Packaging manufacturer BWAY explores $2 billion sale: sources
NEW YORK (Reuters) - BWAY Corp, one of the largest makers of rigid metal and plastic containers in North America, is considering a sale that could fetch around $2 billion, less than two years after it changed private equity ownership, people familiar with the matter said on Tuesday.
China Telecom seeking private investment: paper
BEIJING (Reuters) - State-owned China Telecom Corp Ltd , China's third-largest carrier, is seeking private investment for new businesses, the official English-language China Daily newspaper reported on Wednesday.
Fortress preparing $4.7 billion bid for Stuyvesant Town: Bloomberg
(Reuters) - Fortress Investment Group LLC is considering making a $4.7 billion bid for Stuyvesant Town-Peter Cooper Village, a Manhattan apartment complex, Bloomberg reported, citing a person familiar with the matter.
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