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Friday, July 26, 2013

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07/26/2013
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
Vivendi overhaul gathers pace with $8.2 billion Activision deal
PARIS (Reuters) - Vivendi plans to sell the bulk of its stake in Activision Blizzard Inc to the video games maker and its management for $8.2 billion, the French conglomerate's second blockbuster deal in a week.
China wealth fund CIC in talks with Alibaba: official media
BEIJING (Reuters) - Chinese sovereign wealth fund China Investment Corp (CIC) is in unspecified talks with Alibaba Group, the official People's Daily reported on Friday, citing deputy director of public relations and international cooperation for CIC Liu Fangyu.
France says to pursue Mercedes sales ban
PARIS (Reuters) - The French government will take formal steps to block registrations of Mercedes models using a banned air-conditioning refrigerant, it said in a statement on Friday.
Etihad and Serbia's JAT to sign partnership deal August 1
BELGRADE (Reuters) - The United Arab Emirates' Etihad Airways will a sign a strategic partnership deal with loss-making Serbian flag carrier JAT Airways on August 1, a Serbian government source said on Friday.
Freeport Indonesia to offer 5 percent stake to public, in smelter talks
JAKARTA (Reuters) - Freeport McMoRan Copper & Gold Inc's Indonesian subsidiary will offer a 5 percent stake to the public and is in talks with three local smelters on copper concentrate supply deals, company and government officials said on Friday.
Picanol buys Tessenderlo stake from French state
BRUSSELS (Reuters) - Belgian weaving machine maker Picanol has bought a 27.6 percent stake in Belgian chemicals group Tessenderlo Chemie from French state-owned explosives and propellants maker SNPE.
Daimler to take stake in Aston Martin in new engine deal
LONDON (Reuters) - Luxury sports car maker Aston Martin is to team up with Daimler's high-performance Mercedes-AMG GmbH division to develop a new generation of bespoke V8 engines for the British firm, it said on Thursday.
Axel Springer sheds oldest print titles in $1.2 billion deal
FRANKFURT (Reuters) - Publisher Axel Springer struck a 920 million euro ($1.22 billion) deal to sell some of Germany's best-known newspapers and magazines, severing its oldest roots in order to intensify its focus on digital media.
Ashland looks to sell water treatment unit after hedge fund push
(Reuters) - Valvoline motor oil maker Ashland Inc said it was considering selling its water technologies unit, but activist investor Jana Partners said the company needs to do more to boost value for shareholders.
Oaktree taps Goldman to sell packaging firm Tekni-Plex: sources
NEW YORK (Reuters) - Private equity firm Oaktree Capital Group LLC has tapped Goldman Sachs Group to find a buyer for packaging company Tekni-Plex, in a deal that could fetch around $800 million, two people familiar with the matter said on Thursday.
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