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Friday, September 14, 2012

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09/14/2012
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
Sony, Olympus to agree to capital tie-up this month: NHK
TOKYO (Reuters) - Sony Corp is in the final stages of talks to invest 50 billion yen ($646 million) in cash-strapped Olympus Corp , with an agreement expected by the end of September, state broadcaster NHK reported.
Xstrata board expected to back Glencore bid next week
LONDON (Reuters) - Xstrata's board is expected to recommend Glencore's revised $34 billion bid as early as next week, sources close to the deal say, although it may come with some qualification surrounding such issues as staff retention.
Investors see obstacles; rivals gain in BAE-EADS tie-up
WASHINGTON/PARIS (Reuters) - Even as it creates the world's biggest aerospace company, the proposed merger of Europe's defense and aviation giants may help U.S. rivals win defense contracts, at least in the short-term, experts said Thursday.
RBS launches forced stock market sale of Direct Line
LONDON (Reuters) - State-backed Royal Bank of Scotland (RBS) is to press ahead with the forced sale of its Direct Line insurance division in what could be the biggest listing on the London Stock Exchange for more than a year.
Telecom Italia, Fastweb sign deal for ultrabroadband
MILAN (Reuters) - Telecom groups Telecom Italia and Fastweb said on Friday they had signed a memorandum of understanding to develop their new generation fibre optic networks to help expand ultrabroadband services in Italy.
Mexico's Megacable eyes possible U.S. phone venture
MEXICO CITY (Reuters) - Mexico's Megacable has held talks with Time Warner Cable regarding a possible phone venture aimed at the Hispanic market in the United States, the company's Chief Executive Enrique Yamuni said.
Bayer buys Teva's U.S. animal health business
FRANKFURT (Reuters) - Bayer agreed to buy Teva Pharmaceutical's U.S. animal health operations for up to $145 million to bolster its own veterinary drugs business.
Carlyle gets extension on Chemring bid talks
(Reuters) - Defense equipment maker Chemring Group Plc said U.S. private equity firm Carlyle Group had been granted an extension to the "put up or shut up" deadline to make an offer for the British company.
Sharp says talks to sell stake to Hon Hai stalled
OSAKA, Japan (Reuters) - Sharp Corp said talks to make Hon Hai Precision Industry Co Ltd its biggest shareholder are stalled, with no progress made in the past week as the Taiwanese company seeks a management role in return for its capital.
TransFirst, First American Payment on auction block-sources
NEW YORK (Reuters) - Payment processing companies TransFirst and First American Payment Systems are up for sale, seeking to capitalize on market appetite following Cielo SA's $670 million takeover of Merchant e-Solutions, according to three people familiar with the matter.
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