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Thursday, July 11, 2013

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07/11/2013
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
UK to list Royal Mail, woos workers with free shares
LONDON (Reuters) - Britain will list a majority stake in the Royal Mail postal service on the stock market in the next nine months, promising free shares for workers fiercely opposed to the country's biggest privatization in around 20 years.
Exclusive: Major Vivus shareholder to support activist's slate - source
NEW YORK (Reuters) - QVT Financial LP, the third-largest shareholder in obesity drugmaker Vivus Inc , intends to vote for the full slate of nine directors proposed by dissident investor First Manhattan Co, a source familiar with QVT's thinking said on Wednesday.
EU to clear Baxter's $4 billion buy of Sweden's Gambro: sources
BRUSSELS (Reuters) - EU antitrust regulators will approve a $4 billion bid by Baxter International Inc for Sweden's Gambro AB after the U.S. company offered to sell a unit to ease competition concerns, two people familiar with the matter said on Wednesday.
SoftBank priority is beefing up Sprint, not exec changes
NEW YORK (Reuters) - SoftBank Corp will move rapidly to use airwaves from Clearwire Corp to bolster Sprint Nextel Corp's wireless service, but it does not plan any big personnel changes once it takes over the No. 3 U.S. mobile carrier, a top SoftBank executive told Reuters.
British insurers call for listing changes to protect minority owners
LONDON (Reuters) - The Association of British Insurers (ABI) - whose members manage assets of nearly $3 trillion, or about a quarter of the British economy - wants rules for listing on the London Stock Exchange changed to protect minority shareholders.
INTL FCStone drops plan to buy Asian online exchange Cleartrade
NEW YORK (Reuters) - U.S. commodities brokerage INTL FCStone Inc said on Wednesday it has dropped plans to buy an online commodities exchange in Asia due to complications posed by newly-issued financial regulations.
S.Korea to review bids next week on $7.3 bln fighter jet deal-official
SEOUL (Reuters) - South Korea is set to decide next week whether to proceed with an auction on supplying 60 next generation fighter jets worth 8.3 trillion won ($7.31 billion) after rounds of failed bidding, a defense official said on Thursday.
Exclusive: Community Health, others interested in Health Management
NEW YORK (Reuters) - Health Management Associates Inc has attracted interest from Community Health Systems Inc and other rivals about buying the $4 billion hospital operator, three people familiar with the matter said on Tuesday.
Dell shareholder Yacktman backs Icahn buyout proposal
(Reuters) - Dell Inc shareholder Yacktman Asset Management threw its support behind Carl Icahn and Southeastern Asset Management's buyout proposal for the PC maker.
Glencore Xstrata looks to sell Dakota Growers Pasta business: sources
(Reuters) - Glencore Xstrata PLC is looking to sell its Dakota Growers Pasta Co business as it continues to divest assets acquired from its $6 billion purchase of Canadian grain handler Viterra last year, according to three sources with knowledge of the process.
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