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Thursday, August 22, 2013

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08/22/2013
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
Officials in three states fight suit against American Airlines-US Airways merger
MIAMI/ATLANTA (Reuters) - Officials in three states are pushing back against the U.S. government's attempt to block the proposed merger of American Airlines and US Airways to create the world's biggest airline, saying the combined company would benefit their local economies.
Exclusive: Onyx provides drug trial data to potential bidders - sources
(Reuters) - Onyx Pharmaceuticals Inc has given potential buyers, including Amgen Inc, access to trial data on its new cancer drug, removing a key hurdle that was holding up deal talks, according to three people familiar with the matter.
ICE hires banks to advise on flotation of NYSE's Euronext: sources
LONDON (Reuters) - IntercontinentalExchange (ICE) has hired three banks to advise on the listing of Euronext, whose sale is crucial to its $8.2 billion takeover of NYSE Euronext , three sources familiar with the situation said.
Online retailers JustFab, ShoeDazzle merge
SAN FRANCISCO (Reuters) - Online retailers JustFab and ShoeDazzle are making a bigger-is-better play and merging in an effort to grow faster, the companies said Wednesday.
America Movil secures financing to buy KPN
BRUSSELS (Reuters) - Mexican telecoms group America Movil said it has put in place financing to buy the rest of Dutch group KPN even though its offer may be too late to influence the sale of KPN's German unit in October.
Lloyds Banking sells German life insurer for $400 million
LONDON (Reuters) - British lender Lloyds Banking Group has sold German life insurer Heidelberger Leben to private equity group Cinven and reinsurer Hannover Re for around 300 million euros ($400 million), raising hopes that the state-rescued bank is moving closer to restoring its dividend.
Arabtec eyes merger to create Gulf's biggest builder
DUBAI (Reuters) - Dubai-based Arabtec Holdings is considering a merger with the largest contractors in Saudi Arabia and Kuwait to create a pan-Gulf construction firm, the firm's chief executive said.
New China Trust pulls out of $4.8 billion AIG unit bid: source
HONG KONG (Reuters) - New China Trust, which was leading a consortium of Chinese investors in a $4.8 billion bid for American International Group Inc's (AIG) aircraft-leasing unit, pulled out of the deal in May, a person familiar with the situation said.
KPN shareholders to meet in October to decide on E-Plus sale
BRUSSELS (Reuters) - Dutch telecoms group KPN invited its shareholders to vote on October 2 on the proposed sale of its German unit E-Plus, the group said on Wednesday.
Riggio suspends plan to make offer for Barnes & Noble stores
(Reuters) - Barnes & Noble Inc's chairman, founder and top shareholder Leonard Riggio said on Tuesday he has suspended his efforts to make an offer for the company's retail business.
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