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Wednesday, December 25, 2013

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12/25/2013
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
SoftBank in talks to acquire T-Mobile, discussing funding: sources
TOKYO (Reuters) - Japan's SoftBank Corp is in talks to acquire U.S. wireless carrier T-Mobile US Inc and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday.
Woodside stake may be split if Shell sells out
LONDON (Reuters) - Royal Dutch Shell's 23.1 percent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said.
BlackBerry deal bolsters Foxconn's makeover gambit
TAIPEI/SAN FRANCISCO (Reuters) - Foxconn's BlackBerry Ltd deal marks the Taiwanese firm's biggest step up the value chain - a chance to not just assemble smartphones, but help design them, too.
KKR raises first real estate fund
(Reuters) - Private equity firm KKR & Co LP said on Tuesday it had raised a $1.5 billion real estate fund, its first dedicated investment pool for the asset class, which is rebounding in the United States amid a modest economic recovery.
Unipol receives offer for $2 billion insurance business up for sale
MILAN (Reuters) - Italian insurer Unipol said it had received an offer to buy the insurance business with 1.7 billion euros ($2.3 billion) worth of premiums which it must sell to meet conditions set by the local competition watchdog to clear its merger with peer Fondiaria-SAI .
Exclusive: Carlyle near deal to buy J&J diagnostics unit - sources
NEW YORK (Reuters) - Private equity firm Carlyle Group LP is nearing an agreement to acquire Johnson & Johnson's ortho clinical diagnostics unit, four people familiar with the matter said on Monday, in a deal expected to be worth around $4 billion.
KKR to invest C$250 million in Torq Energy Logistics
TORONTO (Reuters) - Torq Energy Logistics, an affiliate of privately held Torq Transloading Inc, said on Tuesday that private equity firm KKR & Co has agreed to invest C$250 million ($236 million) to fund Torq's capital program and acquisition strategy.
Shareholders offer to take China's Noah Education private
(Reuters) - Chinese education company Noah Education Holdings Ltd said it received an offer from some shareholders to take the company private for about $105 million.
AT&T sells part of stake in America Movil for $282 million
(Reuters) - AT&T this month sold 250 million shares in Mexican telecoms giant America Movil for $282 million, a filing with the U.S. Securities and Exchange Commission said on Tuesday.
Top shareholder Biglari considering Cracker Barrel bid
(Reuters) - Cracker Barrel Old Country Store Inc's top shareholder, Sardar Biglari, said he was considering a bid for the restaurant chain, the activist investor's latest attempt to take control of the company.
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