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Monday, December 16, 2013

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12/16/2013
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
AIG to sell aircraft leasing business in $5.4 billion deal
(Reuters) - American International Group Inc said it would sell its aircraft-leasing business to AerCap Holdings NV in a deal valued at about $5.4 billion, marking the insurer's exit from its last non-core business.
BlackRock ups stake in Telecom Italia ahead of vote for control
MILAN (Reuters) - BlackRock upped its stake in Telecom Italia to make it the struggling firm's second-biggest investor ahead of a vote for control, but did not say if it would side with top shareholder Telefonica or rebels fighting the Spanish firm's strategy.
Carrefour to buy shopping malls in $2.8 billion deal
PARIS (Reuters) - Carrefour is teaming up with investors to buy 127 shopping malls in which it runs stores, in a $2.8 billion deal that marks the French retailer's latest attempt to revive its struggling European hypermarkets.
Spanish grocer Dia in talks to buy peer El Arbol
MADRID (Reuters) - Spanish discount grocer Dia is in preliminary talks to buy debt-burdened supermarket chain El Arbol, in a deal that would consolidate its position as Spain's third-largest retailer behind Mercadona and France-based Carrefour .
BP signs $16 billion tight gas project deal in Oman
MUSCAT/DUBAI (Reuters) - BP has signed 30-year deals to develop Oman's Khazzan tight gas project at an estimated investment of $16 billion, that will help the Omani economy to keep growing and bolster flagging gas exports.
VietJet Air agrees $800 million engine deal with GE's CFM International
HANOI (Reuters) - Vietnam's budget carrier VietJet Air has agreed an $800 million deal to buy 40 engines from CFM International, a joint venture between General Electric and Snecma, a unit of France's Safran SA , the firms said on Monday.
Lone Star bid for Osaka railway firm blocked by local government
TOKYO (Reuters) - Lone Star Funds' $755 million bid to buy an Osaka-based train and warehouse operator was blocked by a municipal government on Monday, derailing what would have been a big comeback acquisition for the U.S. private equity firm in Japan.
Swiss fund manager Gottex to buy EIM Group
ZURICH (Reuters) - Switzerland's Gottex Fund Management Holdings is buying EIM Group, seeking to grow its asset base and create a company with fee earning assets of close to $10 billion by the first half of 2014, it said on Monday.
Li Ka-shing's utility trust seeks up to $5.7 billion IPO in January
HONG KONG (Reuters) - Li Ka-shing's Power Assets Holdings Ltd expects to list its Hong Kong electricity business next month, providing the group with a cash injection of up to $5.7 billion for overseas takeovers.
GSK to spend $1 billion to raise stake in Indian unit
MUMBAI (Reuters) - GlaxoSmithKline Plc (GSK) said on Monday it plans to raise its stake in its Indian pharmaceutical unit to up to 75 percent from 50.7 percent through an open offer in a deal worth about 629 million pounds ($1.02 billion).
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