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	Click to View in Browser 06/3/2013 UAE creates $15 billion aluminium firm in state merger ABU DHABI (Reuters) - The United Arab Emirates is merging its two flagship state aluminum firms to create the world's fifth largest aluminum company with an enterprise value of $15 billion. Exor sells SGS stake for 2 billion euros MILAN/BRUSSELS (Reuters) - Exor , the holding company that controls Fiat , has agreed to sell its entire 15 percent stake in Swiss inspection company SGS for 2 billion euros ($2.6 billion) to Groupe Bruxelles Lambert (GBL) . Severn Trent rejects revised LongRiver takeover bid LONDON (Reuters) - Severn Trent rejected a higher takeover bid from the LongRiver consortium on Monday which valued the British utility at about 5 billion pounds ($7.6 billion), saying the offer failed to recognize its long-term value and potential. CPC Group expands into in-store retail credit LONDON (Reuters) - Privately-owned British property developer CPC Group has acquired Logical Finance, a company that provides in-store loans to customers at small- to medium- sized retail businesses. DirecTV, two others bid over $1 billion for Hulu: source (Reuters) - Satellite operator DirecTV and two other bidders have offered more than $1 billion apiece to buy Hulu, a source with knowledge of the bidding process said on Friday, increasing the likelihood that owners News Corp and Walt Disney Co will be able to shed the video streaming service they failed to sell in 2011. Bilfinger eyes takeovers in Asia, North America in expansion FRANKFURT (Reuters) - German construction and industrial services group Bilfinger SE is eyeing an acquisition in Asia or North America to reduce its dependence on the European market, its chief financial officer said. ISS recommends vote for SoftBank's Sprint bid (Reuters) - Proxy advisory firm Institutional Shareholder Services said that Sprint Nextel shareholders should vote for SoftBank Corp's proposed $20.1 billion purchase of the No. 3 U.S. mobile provider, potentially dealing a blow to a $25.5 billion rival bid from Dish Network . Telecom Italia chief says no decision on Hutchison tie-up on Wednesday: paper MILAN (Reuters) - The board of Telecom Italia will not make a decision on a possible tie-up with Hutchison Whampoa at its next meeting on Wednesday, the Italian group's chief said in a newspaper interview on Saturday. Dell urges shareholders to approve CEO's buyout offer (Reuters) - Dell Inc called on shareholders on Friday to approve a $24.4 billion buyout offer by founder and CEO Michael Dell and private equity firm Silver Lake, saying the bid was superior to other strategic options. Cerberus lifts Seibu stake but short of 44.7 percent goal TOKYO (Reuters) - Cerberus Capital Management LP said on Saturday it had secured the one-third stake in Seibu Holdings needed to veto decisions at shareholder meetings, but fell short of its goal of buying 44.7 percent of the Japanese railway and property group. Related Video Breakingviews: Negative rates, positive action? What lurks under China's conflicted manufacturing messages Related News Fed bond buying could slow, inflation needs watching: Williams Bernanke jokes about own future in Princeton commencement speech 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