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Wednesday, November 28, 2012

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11/28/2012
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
Canada says still examining options on CNOOC bid
OTTAWA (Reuters) - The Canadian government is still mulling its options as deadlines near on two proposed foreign takeovers of domestic energy companies, but an official offered no clues on when or how Ottawa would announce the hotly debated decisions.
UAE buys into BP's UK fields as relations improve
ABU DHABI (Reuters) - Abu Dhabi National Energy Co (TAQA) will buy a number of BP's North Sea assets for over $1.3 billion in a sign relations between Britain and the Gulf emirate are on the mend.
Shares in Russia's MegaFon fall on market debut
MOSCOW (Reuters) - Shares in MegaFon fell 2 percent on their market debut on Wednesday, following a bumpy ride for the IPO and showing limited demand among investors for another Russian mobile issue.
Telefonica takes step closer to Latin American IPO with holding company
MADRID (Reuters) - Spain's Telefonica SA took a step towards a possible stock market offering of its Latin American operations, creating a Madrid-based holding company for its assets there.
ConAgra finally wins Ralcorp in $5 billion store-brand food bet
(Reuters) - ConAgra Foods Inc sealed a deal to buy Ralcorp Holdings Inc for $5 billion, more than a year and a half after first bidding on it, turning the maker of Chef Boyardee pasta into the top U.S. producer of store-branded foods.
Smith & Nephew expands in wound care with U.S. buy
LONDON (Reuters) - Healthcare firm Smith & Nephew said it would acquire privately-held U.S. firm Healthpoint for $782 million in cash, as part of its strategy to expand in the fast-growing area of bioactive wound care.
Electra sees deal pick-up ahead as asset values rise
LONDON (Reuters) - Electra Private Equity expects its number of deals to rise over the next 18 months as problematic debt refinancing and regulation force companies and banks into selling more assets.
SolarCity sees IPO at $13-$15 a share
(Reuters) - SolarCity Corp, a U.S. installer of residential and commercial solar systems, said it expects its initial public offering of 10.07 million shares to be priced at between $13 and $15 apiece.
Bombardier signs record $7.8 billion deal with VistaJet
TORONTO/LONDON (Reuters) - Bombardier Inc has signed its largest business jet deal ever, a $7.8 billion order from Swiss charter operator VistaJet for up to 142 Global aircraft that highlights the Canadian company's success in an expanding segment of the market.
National Grid to invest $40 million in Clean Line Energy
HOUSTON (Reuters) - Power and natural gas distributor National Grid will invest $40 million in Clean Line Energy Partners LLC, a Houston-based developer of high-voltage transmission lines designed to move large amounts of renewable power to U.S. markets, the companies said on Tuesday.
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