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Wednesday, August 15, 2012

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08/15/2012
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
Carlyle Group to buy Getty Images for $3.3 billion
(Reuters) - Private equity firm Carlyle Group LP will form a partnership with the management of Getty Images to buy Getty Images Inc from Hellman & Friedman for $3.3 billion, the companies said on Wednesday.
Nestle chairman has no plans for demerger: paper
ZURICH (Reuters) - Nestle has no plans to split itself like rival Kraft or spin off its Nespresso coffee unit, the food and beverage maker's chairman Peter Brabeck said in an interview.
KPN scraps sale of Belgian unit BASE
AMSTERDAM (Reuters) - Dutch telecom operator KPN called off the sale of its Belgian mobile business, which it had hoped would raise up to 1.8 billion euros ($2.1 billion), saying on Wednesday that the offers it received were too low.
China's Sinopec eyes stake in Texas power project: report
SINGAPORE/BEIJING (Reuters) - Oil giant Sinopec Group along with Chinese banks are in talks to put up to $1 billion in a Texas clean energy project, in what would be one of the biggest investments by Chinese companies in the U.S. power sector, the Wall Street Journal reported on Wednesday.
ANZ may sell Asia bank stakes due to stringent capital rules
MELBOURNE (Reuters) - Australia and New Zealand Banking Group would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday.
Far East Hospitality prices Singapore IPO at top end
SINGAPORE (Reuters) - Singapore's Far East Hospitality Trust is set to raise $575 million in an initial public offering after pricing it at the top end of an indicative range, sources said, making it the city state's second-largest offering this year.
Med tech firm Getinge buys U.S. therapeutic bed firm for $275 million
STOCKHOLM (Reuters) - Swedish medical technology group Getinge said on Wednesday it would buy the Therapeutic Support Systems business of Kinetic Concepts Inc. for $275 million as it looks to expand in the key U.S. market.
GSK sells Australian drugs to Aspen for $270 million
JOHANNESBURG/LONDON (Reuters) - GlaxoSmithKline advanced its clear-out of non-core drugs on Wednesday with a deal to sell 25 older brands marketed in Australia to South Africa's Aspen Pharmacare for 172 million pounds ($270 million).
Liberty Media buys more shares of Sirius XM
(Reuters) - Liberty Media Corp has bought more shares of Sirius XM in recent days, a securities filing showed, as the satellite radio operator's biggest shareholder continues to move ahead with its plan to wrest control of the company.
India's Sahara eyes stake in LA's Beverly Hilton: Economic Times
MUMBAI (Reuters) - India's Sahara Group is in talks with U.S.-based Oasis West Realty to buy a majority stake in the Beverly Hilton hotel in Los Angeles for about 19 billion rupees ($341 million), the Economic Times newspaper reported on Wednesday.
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