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Monday, June 25, 2012

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06/25/2012
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
BMW, Toyota eye close partnership: Der Spiegel
BERLIN (Reuters) - Bayerische Motoren Werke and Toyota Motor Corp are planning to expand cooperation beyond green car technology and diesel engines, Der Spiegel magazine reported on Sunday, without citing any sources.
Cinven bucks buyouts trend with two new deals
LONDON/ISTANBUL (Reuters) - Private equity firm Cinven agreed two new deals to extend its reach into the fast-growing Turkish market and tap the resilient energy services sector, amid an otherwise subdued market for European private equity deals.
B/E Aerospace to buy Interturbine
(Reuters) - B/E Aerospace said on Monday it would buy aerospace logistics company Interturbine for about 200 million euros ($251 million) in cash to boost its offering in its consumables product portfolio.
PDVSA turns to traders to sustain Ecuador oil deal
CARACAS (Reuters) - Venezuelan state oil giant PDVSA has had to buy dozens of extra fuel cargoes from countries as far away as Estonia and Saudi Arabia to keep up its side of a 2008 oil supply deal with leftist ally Ecuador, according to traders and sales documents.
Turkish Airlines eyes Ireland's Aer Lingus: report
DUBLIN (Reuters) - Turkish national carrier Turkish Airlines may be a potential bidder for Aer Lingus , just days after rival Irish airline Ryanair made a surprise buyout bid, according to a report in the Sunday Business Post.
Hankook Tire to supply tires to Daimler: newspaper
BERLIN (Reuters) - South Korean tire maker Hankook Tire will start supplying tires for German car manufacturer Daimler , Handelsblatt reported on Sunday, without citing any sources.
Julius Baer eyes BofA's Asia, Latam presence: paper
BASEL, Switzerland (Reuters) - Julius Baer , in talks with Bank of America about buying Merrill Lynch's non-U.S. wealth management unit, is particularly interested in its presence in Asia and Latin America, Chief Executive Boris Collardi told a newspaper.
Tariff row holds up Italy airport investments: Benetton
MILAN (Reuters) - Benetton family holding Edizione and its partners are ready to spend 12 billion euros ($15 billion) to upgrade Rome's airports, but any investments would be conditional on a rise in tariffs still to be approved by the government, Edizione's chairman said on Sunday.
Qatar Airways to place no orders at Farnborough: CEO
DOHA (Reuters) - Qatar Airways will not place any orders at the UK's Farnborough Air Show next month, the airline's chief executive said on Sunday.
Dubai's Daman sells 22.7 percent stake, says near to IPO
DUBAI (Reuters) - Daman Investments, the Dubai-based investment management company, sold a 22.7 percent stake through a private placement which values the firm at 440 million dirhams ($119.8 million) and said it eventually plans to offer shares to the public.
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