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Monday, January 21, 2013

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01/21/2013
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
Asian tycoons near final battle in war for Singapore's F&N
SINGAPORE (Reuters) - Thailand's third-richest man has raised his stake and takeover offer for Fraser and Neave Ltd to fend off a bid by a group led by Indonesian tycoon Stephen Riady as the battle for the Singapore property and drinks group draws towards a close.
BASF, Petronas scrap plans to deepen partnership
FRANKFURT (Reuters) - BASF and Malaysian state-owned oil and gas firm Petronas have decided not to pursue an extension of their partnership to a second specialty chemicals plant after failing to agree on terms.
UAE property firms Aldar, Sorouh agree merger
ABU DHABI (Reuters) - Abu Dhabi's two biggest property firms, Aldar Properties and Sorouh Real Estate, have agreed on a state-backed, all-share merger that would create a firm with $15 billion in assets and could help to stabilize the emirate's struggling real estate sector.
Santander eyes £2 billion bid for NAB UK assets: paper
LONDON (Reuters) - Santander is considering making a 2 billion pound ($3.2 billion) bid for National Australia Bank's UK business to accelerate its British expansion, the Sunday Times reported citing unnamed sources.
Bids for Independent News & Media South Africa unit fall short: paper
DUBLIN (Reuters) - Irish publishing group Independent News & Media has received offers of around 150 million euros ($199.3 million) for its South African unit, about 100 million euros less than the expected price tag, Ireland's Sunday Business Post newspaper reported.
Chorus of Clearwire investors against Sprint bid growing louder
NEW YORK (Reuters) - Investors holding 29 percent of the outstanding minority shares of Clearwire Corp are unhappy with Sprint's $2.2 billion bid for the wireless service provider and are pushing for a higher offer.
Thai tycoon trumps Overseas Union bid for F&N, setting up showdown
SINGAPORE (Reuters) - Thailand's third richest man has raised his takeover offer for Singapore's Fraser and Neave Ltd , valuing the property and drinks conglomerate at nearly $11.3 billion, a move to fend off a rival bid from a group run by Indonesian tycoon Stephen Riady.
Hutchinson Whampoa wins $130 million contract to upgrade Omani port
MUSCAT (Reuters) - Oman has awarded Hong Kong's Hutchinson Whampoa a 50 million rial ($130 million) contract to build and operate a port terminal in the northern industrial city of Sohar, a statement from Port of Sohar said on Saturday.
U.S. regulators, AB Inbev in tough talks on beer deal
WASHINGTON (Reuters) - U.S. antitrust regulators are dissatisfied with proposals made by Anheuser-Busch Inbev SA in its bid to buy the half of Mexican brewer Grupo Modelo that it does not already own as it works to finish its investigation of the deal, a source close to the talks told Reuters.
Ontario Teachers' to buy SeaCube Container Leasing for $467 million
(Reuters) - Ontario Teachers' Pension Plan, one of Canada's largest pension funds, said on Friday it will buy SeaCube Container Leasing Ltd for about $467 million.
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