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Tuesday, March 12, 2013

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03/12/2013
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
Ryanair poised to reveal 200-plane Boeing deal: report
DUBLIN (Reuters) - Ryanair is to announce a deal to buy 200 aircraft from Boeing within days, the Irish Independent newspaper reported on Tuesday without citing sources.
Japan's Renesas considering selling loss-making mobile chip unit
TOKYO (Reuters) - Japan's Renesas Electronics Corp will decide in fiscal 2013 whether to sell its loss-making mobile chip business, the company said on Tuesday.
CVC-owned Matahari launches up to $1.36 billion Indonesia offering: terms
KUALA LUMPUR/HONG KONG (Reuters) - CVC Capital Partners and PT Multipolar Tbk launched on Monday an up to $1.36 billion offering of shares in retailer PT Matahari Department Store, seeking to benefit from growing investor appetite for consumer stocks in Indonesia and partially cash out of one of their most profitable investments in the region.
Exclusive: MGM board expected to discuss IPO at March 18 meeting
(Reuters) - The board of MGM, the storied Hollywood studio that exited bankruptcy in 2010, will discuss a long-awaited initial stock offering when it meets on March 18 amid indications that debt-holders who control the company may be nearing a decision to file.
Apollo's Constellium eyes IPO: sources
(Reuters) - Apollo Global Management -backed company Constellium, which makes aluminum products for the aerospace and transportation industry, is starting to interview banks for an initial public offering, according to two sources familiar with the situation.
Southwest may buy older planes to meet lift needs
ORLANDO, Florida (Reuters) - Southwest Airlines Co , which is poised to expand service in the next few years, is considering buying used planes to help meet its needs, an executive said on Monday.
Carlyle, KKR board Asia insurance deal train with Thai Life bid: sources
HONG KONG (Reuters) - Carlyle Group LP and KKR & Co LP are among the bidders to have made first round offers to buy a minority stake in Thai Life Insurance Co Ltd, in a deal said to be worth about $500 million, according to people close to the auction.
Kvaerner wins $1.5 billion contract from ExxonMobil
OSLO (Reuters) - Norwegian oil services firm Kvaerner has won a contract from ExxonMobil worth about $1.5 billion, the firm said on Tuesday.
Hostess says PE firms to buy snack-cake business, no auction needed
NEW YORK (Reuters) - Hostess Brands Inc said Monday its snack-cake business would be sold to private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co after no other bids were received, negating the need for an auction.
Cerberus plans to raise majority stake in Japan's Seibu
TOKYO (Reuters) - U.S. private equity firm Cerberus Capital Management LP wants to boost its stake in Japanese railway and property group Seibu Holdings Inc by as much as 4 percent as Seibu plans to relist its shares.
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