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Monday, December 9, 2013

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12/9/2013
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
Milk producer WhiteWave to buy Earthbound Farm for $600 million
(Reuters) - Dairy products producer WhiteWave Foods Co agreed to buy organic food brand Earthbound Farm from investors including private equity firm Kainos Capital for about $600 million.
China Everbright Bank to launch $2.8 billion Hong Kong offer on Tuesday
HONG KONG (Reuters) - China Everbright Bank Co Ltd will be the third mainland lender in three months to raise funds in Hong Kong by launching an up to $2.8 billion share sale on Tuesday.
Airbus says Kuwait Airways in tentative deal to buy 25 jets
PARIS (Reuters) - Airbus confirmed on Monday that Kuwait Airways had signed a provisional agreement to buy 25 new aircraft in the biggest overhaul of its fleet since the 1990 Iraqi invasion.
HSBC considering listing UK banking arm: FT
LONDON (Reuters) - HSBC Holdings Plc is considering floating up to 30 percent of its British retail and commercial banking arm to help meet UK regulation and unlock value for shareholders, the Financial Times said on Monday.
Axel Springer says buys Germany's N24 media
FRANKFURT (Reuters) - German publisher Axel Springer said on Monday it had agreed to buy German news publisher N24 for an undisclosed amount.
Alibaba invests $361 million in appliance maker's 'big goods' logistics
HONG KONG/BEIJING (Reuters) - Alibaba Group will invest HK$2.82 billion ($361 million) in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
Ayala, Metro Pac submit highest offer for Manila's $39 million rail deal
MANILA (Reuters) - The consortium of conglomerates Ayala Corp and Metro Pacific Corp are likely to emerge the winners after submitting the highest offer for a 1.72 billion peso ($39 million) deal to operate a smart-card system for the Philippines' elevated rail network.
KKR, Bain among bidders for Tyco's $1.6 billion South Korea unit: sources
HONG KONG (Reuters) - KKR & Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc's South Korean security systems unit, a business valued at about $1.6 billion, people familiar with the matter said.
Carlyle, Farallon bet on China funeral growth with Hong Kong IPO
HONG KONG (Reuters) - Carlyle Group LP , hedge fund firm Farallon Investors and China Cinda have agreed to buy $45 million worth of shares in Fu Shou Yuan International Group Ltd as China's largest provider of death-care services seeks up to $215 million in a Hong Kong IPO.
Supreme Court justice denies stay in airline merger
WASHINGTON (Reuters) - A U.S. Supreme Court justice on Saturday night denied a last-ditch effort by a group of consumers and travel agents to stop the merger of American Airlines and US Airways.
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