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Wednesday, January 30, 2013

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01/30/2013
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
EU antitrust regulators block 5.2 billion euro UPS, TNT deal
BRUSSELS (Reuters) - EU antitrust regulators blocked a 5.2 billion euro ($7 billion) bid by United Parcel Service Inc for TNT Express , denting the world No. 1 package delivery company's hopes of expanding its presence in Asia and Latin America.
DHL exploring sale of U.S. "last-mile" delivery unit: sources
(Reuters) - Deutsche Post's DHL is considering selling its "last-mile" delivery unit in the United States, a service used by retailers to deliver bulky products to consumers, three sources familiar with the matter told Reuters.
Citigroup plans sale of Brazil consumer finance unit: report
SAO PAULO (Reuters) - Citigroup Inc's Brazilian unit plans to sell its Credicard consumer finance unit as part of an effort to focus business on the most profitable areas, Valor Econômico reported, without saying how it obtained the information.
Apollo, Metropoulos near deal for Hostess Twinkies: sources
NEW YORK (Reuters) - Private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co are near a deal to buy snack cake brands including Hostess Twinkies and Donettes, two sources familiar with the matter said on Tuesday.
Exclusive: Thermo Fisher weighs Life Tech takeover-sources
NEW YORK (Reuters) - Thermo Fisher Scientific Inc is considering making an offer for Life Technologies Corp , the biomedical laboratory equipment maker that is exploring a potential sale, three people familiar with the matter said on Tuesday.
Goodbye goodwill as European firms pay high price for M&A
LONDON (Reuters) - European companies are having to reassess the cost of a rush of takeovers in more buoyant times as regulators call time on outdated asset values.
Kinder Morgan to buy Copano Energy for $3.22 billion
(Reuters) - Kinder Morgan Energy Partners LP said it plans to buy Copano Energy LLC for an equity value of about $3.22 billion, a deal that will broaden the company's oil and gas pipeline assets in Texas and Oklahoma.
MetLife says in talks to buy BBVA's Chilean pension unit
(Reuters) - MetLife Inc , the biggest U.S. life insurer, said it was in talks with Banco Bilbao Vizcaya Argentaria SA (BBVA) to buy the Spanish bank's Chilean pension fund business.
Elliott nominates directors in push to break up Hess
(Reuters) - Hedge fund Elliott Management will nominate five executives to Hess Corp's board as it pitches a plan to break up the U.S. oil and gas company to boost returns for investors.
Chinese firm wins A123 despite U.S. tech transfer fears
(Reuters) - China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc , a maker of electric car batteries, despite warnings by some lawmakers that the deal would transfer sensitive technology developed with U.S. government money.
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