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Friday, December 20, 2013

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12/20/2013
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
Israel's TowerJazz, Panasonic in joint venture for Japan chip plants
TEL AVIV/TOKYO (Reuters) - Israeli chipmaker TowerJazz will create a joint venture with Panasonic Corp to manufacture Panasonic's chips for cars and digital products, a move expected to boost TowerJazz's revenue by 65 percent.
Revel Casino looks to sell itself to Hard Rock: NY Post
(Reuters) - Revel Casino, a lavish Atlantic city casino that went bankrupt early this year, is in talks to sell itself to Hard Rock International, the New York Post reported, citing two sources close to the situation.
Exclusive: Evonik invited to make new bid for LTS Lohmann - sources
FRANKFURT/DUESSELDORF (Reuters) - The owners of German medical skin patch maker LTS Lohmann have invited Evonik to make a new bid for the company after finding final offers from other bidders unsatisfactory, three sources familiar with the deal said.
Exclusive: Liberty sees $700 million Charter-Time Warner Cable synergies - sources
NEW YORK (Reuters) - Liberty Media Corp's top executives estimate that a merger between Charter Communications Inc and Time Warner Cable Inc could generate roughly $700 million in annual synergies, according to people close to the matter.
BAE shares down after UAE ends Typhoon talks
LONDON (Reuters) - BAE Systems shares fell on Friday after the United Arab Emirates (UAE) quit talks to buy Eurofighter Typhoon aircraft, delivering a blow to the British defense company that had pushed hard to land the $9.8 billion deal.
Lloyds eyes exit from state ownership as RBS faces long haul
LONDON (Reuters) - Lloyds Bank is poised for a return to private ownership within 18 months, while part-nationalized rival Royal Bank of Scotland faces some major hurdles before it can regain independence.
Everbright Bank slides in HK debut amid China cash crunch fears
HONG KONG (Reuters) - China Everbright Bank Co Ltd fell in its Hong Kong debut on Friday, as renewed cash crunch fears about China's banking system exacerbated weak sentiment towards a mid-sized lender that has taken three attempts to come to market.
E.ON plans to sell Spanish business: sources
FRANKFURT (Reuters) - E.ON , Germany's biggest utility, is planning to divest its operations in Spain, two people familiar with the matter told Reuters on Friday, as the energy group pulls out of recession-hit markets in southern Europe.
Carlyle Group invests in India's Global Health
MUMBAI (Reuters) - Private equity firm Carlyle Group LP said it bought a minority stake in Indian hospital and healthcare provider Global Health Pvt Ltd.
Daimler gets Aston Martin stake in engine supply deal
FRANKFURT (Reuters) - Germany's Daimler said it will receive up to a 5 percent stake in luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the 100-year-old British firm.
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