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Friday, April 11, 2014

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04/11/2014
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
Etihad closer to buying almost half of Alitalia after Renzi talks: source
ROME (Reuters) - The prospect of Etihad Airways buying nearly half of Alitalia has significantly increased after a meeting between Etihad's boss and Italy's prime minister, and disagreements over job cuts may be overcome, said a source with knowledge of the talks.
CEO of Wal-Mart's South African unit Massmart to step down
JOHANNESBURG (Reuters) - The chief executive of South Africa's Massmart will step down this year, the company said on Friday, after overseeing seven years of steady growth and engineering the sale of a majority stake to U.S. retailer Wal-Mart Stores .
Vodafone takes full control of Indian unit
LONDON (Reuters) - Britain's Vodafone said on Friday it had taken full ownership of Vodafone India by buying the 11 percent it did not already own from Piramal Enterprises Limited .
Investor group offers to buy Mt. Gox for one bitcoin: WSJ
(Reuters) - A group of investors is seeking to buy bankrupt bitcoin exchange Mt. Gox for a token payment of one bitcoin, or about $400, the Wall Street Journal reported citing sources.
Restaurant chain Zoe's Kitchen valued at $276 million in IPO
(Reuters) - Zoe's Kitchen Inc priced its initial public offering at $15 on Thursday, valuing the Mediterranean-style restaurant chain at about $276 million.
Australia's Bank of Queensland buys Investec commercial arm
SYDNEY (Reuters) - Bank of Queensland Ltd said it will buy the professional finance and leasing arm of South African-owned Investec's Australian unit for A$440 million ($414 million), aiming to boost credit quality and diversify outside its home state.
Former Maker Studios CEO sues to block Disney purchase: WSJ
(Reuters) - The co-founder and former chief executive of Maker Studios, Danny Zappin, filed a lawsuit aimed at preventing a shareholder vote on a takeover offer from Walt Disney Co, the Wall Street Journal reported on Thursday.
Warehouse firm Yupei attracts investment from RRJ, Temasek's SeaTown
(Reuters) - Shanghai Yupei Group said private equity firm RRJ Capital and SeaTown, a unit of Singapore state investor Temasek Holdings , have agreed to invest $250 million in the Chinese logistics company.
H&R Block to sell bank unit to BofI Federal Bank
(Reuters) - U.S. tax preparer H&R Block Inc said it would sell its bank unit to BofI Federal Bank, freeing the company from Federal Reserve oversight.
Greek shipping company Stalwart Tankers postpones U.S. IPO plans
(Reuters) - Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to "market conditions," an underwriter told Reuters.
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