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Tuesday, March 25, 2014

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03/25/2014
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
RBS in contact with SMFG over Citizens sale; MUFG mulls bid: sources
LONDON/TOKYO (Reuters) - Royal Bank of Scotland has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui Financial Group while Mitsubishi UFJ Financial Group has also considered a bid, people with knowledge of the matter said.
Centrica buys Irish energy supplier as profits sink at home
LONDON (Reuters) - Britain's Centrica and its consortium partners said on Tuesday they will buy the retail arm and other assets of Ireland's state-owned Bord Gais for 1.1 billion euros ($1.5 billion), helping the utility expand abroad as it is losing customers at home.
Ray-Ban maker Luxottica clinches Google Glass deal
MILAN (Reuters) - Luxottica, the maker of Ray-Ban sunglasses, has struck a deal to design, develop and distribute glasses based on Google's Internet-connected Glass eyewear, potentially bringing the new technology to a wider market.
Troubled RSA launches 773 million pound rights issue
LONDON (Reuters) - Troubled British insurer RSA has detailed plans for a 773 million pounds ($1.3 billion) share issue designed to boost its finances in the wake of costly weather-related claims and accounting irregularities in its Irish business.
Julius Baer raises stake in Brazilian wealth manager GPS
ZURICH (Reuters) - Swiss bank Julius Baer has raised its bet on Latin America's largest wealth management market, buying a majority stake in Brazil's GPS for an estimated 100 million Swiss francs ($113 million), as part of a drive to expand abroad.
Aviva to sell Turkish unit to EMF Capital Partners, unit says
ISTANBUL (Reuters) - British insurer Aviva agreed to sell its Turkish unit Aviva Sigorta to venture fund EMF Capital Partners, the Turkish company said on Tuesday.
Disney to buy YouTube network Maker Studios for $500 million
LOS ANGELES (Reuters) - The Walt Disney Co has agreed to buy Maker Studios, one of YouTube's largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire.
Malaysia's Kian Joo accepts $442 million buyout offer
KUALA LUMPUR (Reuters) - Malaysian canning company, Kian Joo Can Factory Bhd , has accepted a 1.46 billion ringgit ($442.42 million) takeover offer from private company Aspire Insight Sdn Bhd, according to a stock exchange filing late Monday.
Candy Crush game maker's IPO to face investor scrutiny
SAN FRANCISCO (Reuters) - King Digital Entertainment Plc's colorful "Candy Crush Saga" has gone viral on smartphones worldwide, but the company may struggle to replicate that enthusiasm with its upcoming $7.6 billion initial public offering.
Data storage firm Box files for U.S. IPO of about $250 million
(Reuters) - Data storage provider Box Inc aims to raise about $250 million in an initial public offering, becoming the latest contender from a wave of "cloud-based" companies to test the frothy market for technology listings.
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