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Friday, September 21, 2012

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09/21/2012
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
Universal wins EU approval for EMI buy, must sell assets
BRUSSELS (Reuters) - Vivendi's Universal Music Group clinched EU regulatory approval on Friday to buy EMI's recorded music unit for $1.9 billion after agreeing to sell record labels that bring in nearly a third of the British company's revenues.
No decisions on EADS/BAE merger seen at Merkel-Hollande talks: aide
BERLIN (Reuters) - Angela Merkel and Francois Hollande will discuss the merger of European aerospace firm EADS and British defense firm BAE Systems at a Franco-German summit on Saturday but will not make any decisions, a Merkel aide said on Friday.
BP has proposed buying Russia Rosneft stake: Rosneft CEO
SOCHI, Russia (Reuters) - BP Plc's bosses have told Russian President Vladimir Putin that the British oil major would like to buy a stake in Russian crude oil giant Rosneft , Rosneft CEO Igor Sechin said on Friday.
Ryanair warns of Aer Lingus break-up if merger fails
DUBLIN (Reuters) - Ryanair warned on Friday that Aer Lingus would likely be broken up if the European Commission blocks the bid by Europe's largest budget carrier to take over its smaller Irish rival.
German retailer Douglas says in takeover talks
FRANKFURT (Reuters) - German retail Douglas said it was in talks with a financial investor that could see the investor taking a significant holding in the company.
No decision yet if EU will object to UPS/TNT deal: Almunia
BRUSSELS (Reuters) - The EU's antitrust chief said on Friday European regulators had not yet taken any decision on whether to object to a 5.2 billion euro ($6.7 billion) bid by United Parcel Service for Dutch rival TNT Express .
Italy CDP to buy SACE from TSY; first payment 3.8 billion euro: source
ROME (Reuters) - Italy's state holding Cassa Depositi e Prestiti (CDP) will buy the Treasury's foreign investment insurance arm SACE and a smaller company at the end of the month, with an initial payment of about 3.8 billion euros, a source familiar with the deal said on Friday.
AXA Private Equity gets 1 billion euros for infrastructure: source
LONDON (Reuters) - Private equity group AXA Private Equity has raised more than 1 billion euros ($1.31 billion) to invest into infrastructure projects, such as gas networks and wind farms across Europe, a person familiar with the fundraising said.
Stake sales have slowed Formula One IPO drive
LONDON (Reuters) - Formula One cars will roar around Singapore's streets this weekend, but the prospect of the motor racing business floating on the stock market there this year has receded following stake sales by its main private equity backer.
AirAsia's plan to buy 100 Airbus jets headed to board: CEO
SINGAPORE (Reuters) - A plan to buy 100 Airbus aircraft will be submitted to the board of Asia's largest budget carrier, AirAsia Bhd , in about two weeks, the airline's CEO, Tony Fernandes, said on Friday, in a deal that could be worth $9 billion.
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