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Tuesday, June 18, 2013

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06/18/2013
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
Lloyds says no political pressure for branches sale to Co-op
LONDON (Reuters) - British bank Lloyds has denied being subject to political pressure to sell hundreds of branches to the Co-operative Group , rebutting suggestions of ministerial interference in the controversial sale.
Royalty Pharma drops hostile bid for Elan
DUBLIN (Reuters) - Royalty Pharma's hostile $8 billion bid for Irish drug firm Elan lapsed on Tuesday when it withdrew an appeal against a ruling by Ireland's regulator on takeover battles.
Third Point ups Sony stake, calls for independent entertainment board
TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.
China's Mengniu adds another deal with offer for Carlyle's Yashili
HONG KONG (Reuters) - China Mengniu Dairy Co Ltd signed a second takeover deal in a month on Tuesday, offering to buy Carlyle-backed Yashili International Holdings Ltd in a deal worth about HK$12.5 billion ($1.6 billion) as part of a plan to expand its milk powder business.
Boeing launches 787-10 with $30 billion of orders
PARIS (Reuters) - Boeing launched the 787-10 version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday with 102 firm orders worth nearly $30 billion at list prices.
Airbus clinches $11 billion easyJet order
LONDON (Reuters) - Airbus clinched a deal on Tuesday worth about $11 billion to supply British budget airline easyJet with 135 planes, dealing a blow to its U.S. rival Boeing .
Sprint sues Dish, Clearwire as key deadline looms
(Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp.
JCI looks to private equity to sell auto electronics unit: sources
NEW YORK/DETROIT (Reuters) - Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.
Exclusive: Talisman considers sale of Eagle Ford assets - sources
NEW YORK (Reuters) - Canadian oil and gas company Talisman Energy Inc is exploring the sale of its shale assets in the Eagle Ford basin in south Texas, hoping it could raise as much as $2 billion, two people familiar with the matter said on Monday.
Kabel Deutschland confirms preliminary offer from Liberty Global
(Reuters) - Kabel Deutschland - Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global Plc after a British newspaper reported that the company had put forward a 7.5-billion-euro bid for the company.
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