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Friday, December 27, 2013

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12/27/2013
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
Hapag-Lloyd chairman says Hamburg-Sued should join merger talks
FRANKFURT (Reuters) - The chairman of German shipping group Hapag-Lloyd said rival Hamburg-Sued should join merger talks between Hapag-Lloyd and Chile's Vapores .
Textron to buy Beechcraft for $1.4 billion
(Reuters) - Textron Inc , maker of Cessna planes, said it will buy aircraft maker Beechcraft Corp for about $1.4 billion in cash, in a deal that sees Textron expand its aviation business.
Fortress backs new LightSquared bankruptcy exit plan
(Reuters) - LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidder Dish Network Corp.
Bega in talks with "non-Australian" investors on Warrnambool stake: source
SYDNEY (Reuters) - Bega Cheese Ltd is in talks with "non-Australian" investors on a possible sale of its stake in Australia's oldest dairy firm, a source familiar with the situation said, adding a new twist to one of the country's most contested takeover battles in years.
Batista's OSX reaches $1.5 billion deal on OGX contracts
RIO DE JANEIRO (Reuters) - Brazilian tycoon Eike Batista's troubled shipbuilder OSX Brasil SA and oil company Oleo e Gas Participações SA have taken another step toward emerging from Latin America's largest-ever bankruptcy with a deal to swap Oleo e Gas debt for stock.
TPG-backed drugmaker Aptalis files for IPO of up to $500 million
(Reuters) - Specialty drugmaker Aptalis Holdings Inc, owned by private equity firm TPG Capital LP, filed with U.S. regulators to raise up to $500 million in an initial public offering of its common stock.
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.
Slovenian beer turns sour as state fire sale looms
LJUBLJANA (Reuters) - A decade ago, with Slovenia cruising towards membership of the European Union, a local brewery called Union caught the eye of Belgian beer giant Interbrew.
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.
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