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Tuesday, August 6, 2013

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08/6/2013
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
Siemens wins $967 million order from Saudi Aramco
FRANKFURT (Reuters) - German engineering group Siemens said on Tuesday it won a $966.8 million order for power plant components from oil firm Saudi Aramco .
Amazon's Bezos to buy the Washington Post for $250 million
(Reuters) - Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family's 80 years of ownership and hands one of the country's most influential publications to the businessman whose Internet company has transformed retailing.
Sony rejects Loeb's proposal to spin off entertainment unit
TOKYO (Reuters) - Japan's Sony Corp on Tuesday rejected a proposal from activist shareholder Daniel Loeb to partially spin off its entertainment business but the billionaire investor vowed to keep talking with the company and to explore other options.
IPO likely Neiman Marcus option as underwriters chosen
(Reuters) - Neiman Marcus has appointed a syndicate of banks for a possible initial public offering, two people familiar with the matter said on Monday, in the latest sign that the high-end department store is leaning towards a listing over pursuing an outright sale.
Graham, Bezos hashed out Washington Post deal in Sun Valley
(Reuters) - Donald Graham, the chairman and CEO of The Washington Post Co, started talking to Amazon.com's Jeff Bezos less than a month before cinching a $250 million deal to sell the flagship newspaper to the tech entrepreneur.
Hellman & Friedman agrees to acquire Hub in $4.4 billion deal
(Reuters) - Private equity firm Hellman & Friedman LLC has clinched a roughly $4.4 billion deal to take over Hub International Inc, Canada's largest insurance brokerage, from Apax Partners LLP, the firms said on Monday.
Exclusive: ATK close to deal with gun accessory maker Bushnell - sources
(Reuters) - Alliant Techsystems Inc , the world's largest ammunition maker, is in advanced talks to buy Bushnell Outdoor Products Inc in a deal that could value the gun accessory maker at around $1 billion, two sources familiar with the matter said on Monday.
US Airways, American Airlines gain EU approval for $11 billion merger
BRUSSELS (Reuters) - US Airways and AMR Corp's American Airlines secured EU regulatory approval on Monday for their $11 billion merger after promising to surrender slots at Heathrow and Philadelphia airports.
Revlon reenters salon business with Colomer buy
(Reuters) - Cosmetics maker Revlon Inc will buy Spanish beauty care company The Colomer Group for $660 million, reacquiring a professional products business it sold 13 years ago.
At revamped Etisalat, acquisitions regain traction
DUBAI (Reuters) - Etisalat , the Gulf's biggest telecommunications firm, has kick-started a stalled acquisition strategy with a potential $10.5 billion in deals, including a $5.5 billion stake purchase in Morocco, its biggest buy ever.
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