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	Click to View in Browser 04/9/2013 Lagardere sells EADS stake for $3 billion PARIS/FRANKFURT (Reuters) - French media group Lagardere has sold its 7.4 percent stake in Airbus parent EADS, kicking off a long-expected overhaul in the ownership of Europe's top aircraft maker. Activist investors find allies in mutual, pension funds NEW YORK (Reuters) - Institutional investors, who used to shun activist investors and side with a company's management on most controversial issues, are starting to change their tune. Hutchison aims to become top investor in Telecom Italia: sources FRANKFURT/MILAN (Reuters) - Hong Kong's Hutchison Whampoa is in talks to buy up to 29.9 percent of Telecom Italia in a deal that would radically alter the power base at Italy's leading phone company, two sources familiar with the negotiations said. Australia's Billabong says consortium cuts takeover bid to $300 mln SYDNEY (Reuters) - Australian surfwear company Billabong International Ltd will enter 10 days of exclusive talks with a consortium led by its former U.S. boss after the group cut its indicative takeover proposal by 45 percent to $300 million. Ericsson to buy Microsoft IPTV business STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft Corp's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet, making it the world's leader in a growing business. Blackstone's SeaWorld aims for $2.5 billion valuation in IPO (Reuters) - Blackstone Group's SeaWorld Parks and Entertainment set the price range of its initial public offering at $24 to $27 per share, valuing the company at up to $2.5 billion. GE to buy oil pump maker Lufkin for nearly $3 billion (Reuters) - General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday. Lagardere sells EADS stake for $3 billion PARIS/FRANKFURT (Reuters) - French media group Lagardere has sold its 7.4 percent stake in Airbus parent EADS , kicking off a long-expected overhaul in the ownership of Europe's top aircraft maker. Generali picks two bidders for U.S. Life unit: sources LONDON/MILAN (Reuters) - Europe's third-biggest insurer Generali has moved closer to selling its U.S. life reinsurance unit as it shortlisted two among a large number of bidders, two people with direct knowledge of the situation said on Monday. Russia's Sistema plans up to $1 billion investment in India MOSCOW (Reuters) - Russian conglomerate Sistema may invest up to $1 billion in India in 2013-2015, the head of its Indian mobile phone unit Sistema Shyam TeleServices, Vsevolod Rozanov, said on Tuesday. Related Video Reuters Breakingviews: U.S. workers stuck euro-style Double trouble for South Korea Related News Small business confidence sags in March Bernanke says stress tests make banks more stable A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend