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Friday, August 9, 2013

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08/9/2013
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
America Movil makes $9.6 billion bid for rest of KPN
MEXICO CITY/BRUSSELS (Reuters) - Mexican billionaire Carlos Slim's America Movil has made a 7.2 billion euro ($9.6 billion) bid for the shares in Dutch telecoms group KPN it does not already own, challenging a rival offer for KPN's German business.
Aegean offers new concessions to get EU okay for Olympic deal
BRUSSELS (Reuters) - Greece's Aegean Airlines has offered new concessions to gain EU antitrust approval for its second attempt to take over rival Olympic Air, indicating an earlier offer had failed to ease competition concerns over the deal.
Danone adds to U.S. expansion with YoCrunch yoghurt acquisition
PARIS (Reuters) - French foods group Danone has bought YoCrunch, a U.S. firm which makes yogurts with toppings such as Reese's peanut butter candy, M&M's and Oreo cookies, as it continues to grow its share of the $7 billion U.S. yoghurt market.
Tesco cuts China bet, strikes deal with CRE Vanguard
HONG KONG (Reuters) - Tesco Plc will slash its China exposure by taking just 20 percent of a new venture with a state-run company, a deal that underlines the travails foreign retailers have had in the Chinese market and allows the British retailer to focus on turning around its domestic business.
GDF buys Balfour Beatty's UK facilities unit
PARIS (Reuters) - GDF Suez said on Friday it had acquired WorkPlace, the facilities management unit of Britain's Balfour Beatty , to bolster its energy services and facilities operations in Britain.
Yara sees bigger synergies from Brazilian deal
OSLO (Reuters) - Norwegian fertilizer maker Yara expects synergies worth $50 million a year from a Brazilian acquisition, around twice as much as it predicted earlier, the firm said on Friday.
Russia's Onexim in talks to buy 50 percent in Svyaznoy: paper
MOSCOW (Reuters) - Russia's Onexim group, owned by tycoon Mikhail Prokhorov, is in talks to buy half of mobile phone retailer Svyaznoy, Kommersant newspaper said on Friday, citing sources.
Exclusive: T.Rowe slashes stake in Dell to 2.8 percent from 4 percent - sources
NEW YORK (Reuters) - T. Rowe Price Associates, one of the most influential opponents of Michael Dell's offer to buy out Dell Inc for about $25 billion, reduced its ownership in the struggling PC maker to a 2.8 percent stake from the 4 percent it held as of March 31, two sources familiar with the situation told Reuters.
William Hill bets $100 million on Australian online bookmaker
MELBOURNE (Reuters) - British betting giant William Hill Plc has agreed to buy Australian online betting firm Tom Waterhouse NT for up to A$110 million ($100 million) including debt, looking to become Australia's biggest online bookmaker.
Goldman to sell majority of European insurer: filing
NEW YORK (Reuters) - Goldman Sachs Group Inc plans to sell a majority stake in its European insurance business over the next year, according to a regulatory filing on Thursday.
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