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Tuesday, November 20, 2012

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11/20/2012
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
Glencore shareholders back Xstrata takeover
LONDON (Reuters) - Shareholders in commodity trader Glencore voted overwhelmingly on Tuesday in favor of its long-awaited $31 billion takeover of miner Xstrata .
Carl Icahn raises stake in Chesapeake Energy
(Reuters) - Billionaire investor Carl Icahn, one of the largest shareholders in natural gas producer Chesapeake Energy Corp , has raised his stake in the embattled company to 8.9 percent, a regulatory filing shows.
Reckitt says looks forward to clinching Schiff takeover
LONDON (Reuters) - Reckitt Benckiser said on Tuesday it looked forward to clinching a deal to buy U.S. vitamin maker Schiff Nutrition after rival bidder Bayer announced it would not increase its offer.
Malaysian Air lines up $1.73 billion bond to buy new Airbus aircraft
KUALA LUMPUR (Reuters) - Loss-making Malaysian Airline System Bhd (MAS) has secured a state-backed Islamic bond facility to raise up to 5.3 billion ringgit ($1.73 billion) for the purchase of eight new widebody aircraft made by EADS's Airbus.
EU clears Whirlpool to buy German kitchen maker Alno
BRUSSELS (Reuters) - Appliance maker Whirlpool secured EU regulatory approval on Tuesday to acquire a controlling stake in Germany's second-largest largest kitchen manufacturer Alno .
Hedge fund Tiger Global discloses big Groupon stake
(Reuters) - Tiger Global Management, a technology focused hedge fund run by Chase Coleman and Feroz Dewan, disclosed a big stake in Groupon Inc on Monday, a vote of confidence for the struggling daily deal website.
Lehman's Archstone to raise $3.5 billion in closely watched IPO
(Reuters) - Archstone Inc, the apartment building owner and developer owned by Lehman Brothers Holdings Inc, said on Monday it plans to raise up to $3.45 billion in its initial public offering, making it the biggest U.S. commercial real estate IPO ever.
Total sells $2.5 billion Nigeria oil field stake to Sinopec
PARIS (Reuters) - Total is selling a 20 percent stake in a Nigerian offshore oil field to China's Sinopec in a $2.5 billion deal which will help the French oil group fund its ambitious exploration plans.
Germany and France agree to hold 12 percent each in EADS: report
BERLIN (Reuters) - Germany and France have reached an agreement under which each government would hold a 12 percent stake in aerospace and defense group EADS going forward, a German newspaper reported on Tuesday.
Tele2 seeks control in Rostelecom mobile tie-up: paper
MOSCOW (Reuters) - Swedish telecoms firm Tele2 and Russia's Rostelecom are discussing a merger of their Russian mobile assets into an entity that would hand control to Tele2, business daily Vedomosti reported on Tuesday.
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