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Friday, November 23, 2012

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11/23/2012
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
POSCO seeks to attract investors to Roy Hill stake
SEOUL (Reuters) - South Korean steelmaker POSCO is looking for strategic investors in the $1.45 billion stake it has in Australian's iron ore project, Roy Hill, a spokeswoman said on Friday.
Blackstone, China firm shortlisted for $1.5 billion Ingham Chicken deal: sources
HONG KONG/MELBOURNE (Reuters) - Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia's largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion ($1.5 billion), sources with knowledge of the matter told Reuters.
Total picks bidders for TIGF gas network: sources
LONDON/PARIS (Reuters) - French oil major Total has chosen four bidders for its TIGF gas network and storage business in southwest France, which is seen worth around 2.5 billion euros ($3.2 billion), three sources familiar with the matter said.
Bharti tower arm sets India's biggest IPO in 2 years for December 10: sources
MUMBAI/NEW DELHI (Reuters) - Bharti Infratel Ltd, the telecommunications tower arm of India's Bharti Airtel Ltd , is likely to launch its initial public offering to raise up to $900 million on December 10, sources said, in what will be the country's biggest IPO in two years.
Germany plans to buy EADS shares from France: paper
FRANKFURT (Reuters) - Germany plans to buy a 3 percent stake in planemaker EADS from France as the two governments strive to take equal stakes in the Airbus parent, German daily Handelsblatt reported, citing German government sources.
Australia's Discovery Metals says $856 million Chinese bid unfair
MELBOURNE (Reuters) - Australia's Discovery Metals told its shareholders it saw strong prospects at its key copper project in Botswana, and spelled out why it thinks they should reject a A$824 million ($856 million) offer from a Chinese bidder.
RBS tries to find fresh suitors for branch network
LONDON (Reuters) - Royal Bank of Scotland has sent sales documents to prospective buyers of the branches it is being forced to sell, in the hope it can draw up a shortlist next month, sources said.
Broker Newedge faces shake-up to aid sale
PARIS (Reuters) - French broker Newedge, owned by Credit Agricole and Societe Generale , may be restructured to help attract a buyer, a banking source close to the situation told Reuters.
IK considers sale of fire safety firm Minimax: sources
FRANKFURT/LONDON (Reuters) - Private equity group IK Investment Partners is considering the sale of fire extinguisher maker Minimax, which generated 1 billion euros ($1.3 billion) in sales last year, four people familiar with the situation said.
Delta Lloyd cancels sale of German insurer to Nomura
AMSTERDAM (Reuters) - Dutch insurer Delta Lloyd has canceled the sale of its German operations to Nomura Holdings because of worsened economic circumstances and difficulty in gaining approval from German regulator BaFin.
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