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Thursday, November 7, 2013

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11/7/2013
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
France's BNP joins battle for Rabobank's Polish arm
WARSAW/PARIS (Reuters) - France's BNP Paribas has joined the bidding for the Polish arm of Dutch lender Rabobank , aiming to strengthen its position in eastern Europe's largest economy in a deal that could be worth about 1 billion euros ($1.4 billion).
Nestle sheds bulk of Jenny Craig in effort to slim down
ZURICH/LONDON (Reuters) - Nestle is selling the bulk of its Jenny Craig weight loss business to a U.S. private equity firm as the world's largest food group works to trim its portfolio.
D.E Master Blenders lifts stake in Norway's Kaffehuset Friele
AMSTERDAM (Reuters) - D.E Master Blenders, the Dutch owner of Douwe Egberts coffee which was acquired by German investor Joh A Benckiser, said on Thursday it will increase its stake in Norwegian coffee company Kaffehuset Friele to 90 percent, from 45 percent currently.
Petronas Chem sells Vietnam unit to Asahi Glass, Mitsubishi Corp
KUALA LUMPUR (Reuters) - The petrochemicals arm of Malaysia's state oil firm Petronas will sell its stake in Vietnam's Phu My Plastics and Chemical Company Ltd (PMPC) to Japan's Asahi Glass Co Ltd and Mitsubishi Corporation .
Toll Brothers gets more California lots with Shapell buy
(Reuters) - Toll Brothers Inc said it will buy the home building business of privately owned Shapell Industries Inc for about $1.60 billion in cash, in a deal that will give the largest U.S. luxury homebuilder more access to affluent real estate markets in California.
Telecom Italia investor questions possible TIM Brazil sale-slide
MILAN (Reuters) - Telecom Italia investor Marco Fossati believes the possible sale of the phone group's Brazilian unit TIM would diminish options for future growth, according to slides for an analyst presentation.
Brazil's Vale says it is working to sell assets, reduce costs -CEO
SAO PAULO (Reuters) - Brazilian mining company Vale is working to sell more assets outside its core business to reduce costs and control debt, Chief Executive Officer Murilo Ferreira said on Thursday.
German bullion retailer Degussa buys London dealer Sharps Pixley
LONDON (Reuters) - German bullion retailer Degussa Goldhandel has bought London-based broker Sharps Pixley and says it expects the retail market for gold bars and coins to keep growing.
ArcelorMittal still interested in ThyssenKrupp's U.S. plant
BRUSSELS (Reuters) - ArcelorMittal , the world's largest steelmaker, remains interested in the steel rolling mill in Alabama that ThyssenKrupp is seeking to sell.
Repsol says no progress over YPF compensation
MADRID (Reuters) - Spanish oil major Repsol and the Argentine government have yet to agree out-of-court compensation over the nationalization of YPF , Chief Financial Officer Miguel Martinez said on a call with analysts on Thursday.
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