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Friday, September 28, 2012

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09/28/2012
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
Heineken wins Tiger battle; focus shifts to F&N fight
SINGAPORE/BRUSSELS (Reuters) - Heineken NV won full control of the maker of Tiger beer in a S$7.9 billion ($6.4 billion) deal on Friday, ending a two-month battle aimed at strengthening the Dutch brewer's position in fast-growing Asian beer markets.
Sony to invest $644 million in Olympus, become top shareholder
TOKYO (Reuters) - Sony Corp will pay 50 billion yen ($643.5 million) to become the biggest shareholder in Olympus Corp , and establish a company with the cash-strapped Japanese camera and endoscope maker to develop medical equipment.
Realogy sets IPO terms, valued at up to $3.5 billion
(Reuters) - Apollo-backed Realogy Holdings Corp plans to sell 40 million shares in its initial public offering at between $23 and $27 each, valuing the real estate services company at up to $3.51 billion.
Germany to make proposals to France on EADS-BAE merger
BERLIN (Reuters) - Germany will present France with a list of proposals concerning the planned merger of European aerospace group EADS and British defense contractor BAE Systems Plc , a German government source said on Friday.
Providence Resources sells UK onshore interests
DUBLIN (Reuters) - Irish oil and gas explorer Providence Resources is to sell its onshore UK license interests to IGas Energy for $66 million, it said on Friday in reporting a rise in first-half losses due to impairment charges on the UK licenses.
Defense cuts force Southern Air to file for bankruptcy
(Reuters) - U.S. cargo airline Southern Air Inc filed for bankruptcy protection early on Friday, citing cutbacks in defense budget and U.S. troop reduction in Afghanistan.
Dia to buy German firm Schlecker's Iberian drugstores
MADRID (Reuters) - Spanish discount supermarket chain Dia is to acquire the Spanish and Portuguese arms of insolvent German drugstore chain Schlecker, it said on Friday, to diversify its product range and expand its presence in the two countries.
EU clears Arla to buy rival Milk Link with conditions
BRUSSELS (Reuters) - Danish dairy co-operative Arla Foods secured EU clearance on Friday to acquire British co-operative Milk Link.
Carlsberg secures Thailand comeback with Singha deal
COPENHAGEN (Reuters) - Danish brewer Carlsberg signed a joint venture with Thailand's Singha Corporation, its second attempt to establish a footprint in the country, as it shifts its focus from sluggish growth in Europe to fast-growing Asian markets.
TNK-BP co-owners to bid for entire BP stake
MOSCOW (Reuters) - The billionaires who own half of Russian oil firm TNK-BP plan to make a cash offer for BP's 50 percent stake, raising the prospect of a bid contest with state-backed Rosneft that would start at around $20 billion.
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