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Tuesday, April 8, 2014

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04/8/2014
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
Nokia gets Chinese approval to sell phone business to Microsoft
HELSINKI (Reuters) - Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft Corp, it said on Tuesday, and added there had been no request for it to change its patent practices.
Hungary's biggest bank OTP nearing deal to buy MKB: sources
FRANKFURT (Reuters) - Hungary's biggest bank OTP is moving closer to purchasing loss-making bank MKB from German state-backed lender BayernLB , three sources close to the matter said on Wednesday.
ABN AMRO loses appeal to ease terms of acquisitions ban
LONDON (Reuters) - State-owned ABN AMRO has lost an appeal at a top European court to ease the terms of a ban on acquisitions that was imposed on the Dutch bank as a condition of its 2008 bailout.
Canada's IMAX sells 20 percent of China subsidiary; eyes IPO
SHANGHAI (Reuters) - Canada-based cinema chain IMAX Corp said it planned to sell a fifth of its Chinese subsidiary to local investors, in a move that could help it eventually list the unit in Hong Kong.
China travel websites Qunar.com and Ctrip.com may merge: Bloomberg
(Reuters) - Qunar Cayman Islands Ltd, the operator of Baidu Inc's travel website, is in talks with Ctrip.com International Ltd for a merger or partnership, Bloomberg reported, citing two people familiar with the matter.
Iliad, Bouygues discuss tie-up: Le Parisien
PARIS (Reuters) - French telecoms group Iliad is discussing the possible acquisition of bigger rival Bouygues Telecom , Le Parisien said on Tuesday.
French IT services group Sopra to buy Steria
PARIS (Reuters) - Sopra said on Tuesday it planned to take over rival Steria in a friendly all-stock deal that would create a French IT services group with revenue of more than 3.1 billion euros ($4.3 billion).
FTSE, TMX venture buys MTS' European government bonds indices business
(Reuters) - FTSE TMX Global Debt Capital Markets, a joint venture between FTSE Group and TMX Group's information services division, said on Tuesday it had bought the indices business of MTS, which is majority owned by London Stock Exchange Group .
Sheridan Healthcare hires banks for IPO: WSJ
(Reuters) - Sheridan Healthcare Inc , a physician services company, has hired banks for an initial public offering, which may raise between $400 million and $500 million, the Wall Street Journal reported, citing people familiar with the matter.
Petrobras denies shelving debt sales in wake of scandals
SAO PAULO (Reuters) - Petroleo Brasileiro SA on Monday denied that it had shelved plans to sell debt in local and international markets later this year after a series of scandals involving the Brazilian state-controlled oil producer.
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