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Wednesday, March 26, 2014

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03/26/2014
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
Facebook to buy virtual reality goggles maker for $2 billion
SAN FRANCISCO (Reuters) - Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
Americans take dim view of Comcast, Time Warner Cable deal
WASHINGTON (Reuters) - A majority of Americans are skeptical about the proposed merger of Comcast Corp and Time Warner Cable Inc , and they are not convinced the U.S. government is doing enough to prevent monopolies generally, according to a Reuters/Ipsos online poll released on Wednesday.
Dutch regulator tells EU it wants to review Ziggo deal
BRUSSELS (Reuters) - Dutch regulator ACM has told the European Commission that it wants to decide whether to clear Liberty Global's bid for Dutch cable operator Ziggo , as the 10 billion euro ($13.8 billion) deal only affects the Netherlands.
Exclusive: Carlyle seeking to buy a traditional asset manager
NEW YORK (Reuters) - Carlyle Group LP is considering buying a traditional money manager to broaden its own investment platform, as the private equity firm tries to attract more retail investors and achieve the higher stock market valuation commanded by such managers, according to sources familiar with the situation.
Emerging market M&A deal volume at record low in 2013: survey
NEW YORK (Reuters) - Mergers and acquisitions activity among developed and emerging markets fell to a record low in 2013, dropping 17.3 percent versus the prior year due to still fragile economic growth and rising political unrest, a new survey showed on Tuesday.
Bouygues searching for investors to improve SFR bid: sources
PARIS (Reuters) - French conglomerate Bouygues is searching for additional investors to further improve its offer to buy its larger French telecom rival Vivendi's SFR , said two people familiar with the situation.
Standard Life ramps up fund business with Ignis acquisition
LONDON (Reuters) - Standard Life has bought Ignis Asset Management for 390 million pounds ($643.7 million), increasing the amount of money it manages by one third as it shifts its business to fund management from insurance.
Citic Pacific plans to buy parent company's assets: Bloomberg
(Reuters) - China's Citic Pacific Ltd is planning to acquire assets from its state-owned parent Citic Group Corp , Bloomberg reported, citing people familiar with the situation.
Hyundai Motor eyes major expansion with new plant in China
SEOUL (Reuters) - Hyundai Motor Co plans to build its fourth plant in China for about 1 trillion won ($926.48 million) and start production in early 2016, a source said, in its first major overseas expansion in more than two years.
UK heads for Lloyds exit by 2015 after $7 billion share sale
LONDON (Reuters) - The UK government has sold 4.2 billion pounds ($6.9 billion) worth of shares in Lloyds Banking Group to cut its stake in the country's largest retail bank to under 25 percent and putting it on course for a complete exit in the next year.
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