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Monday, June 2, 2014

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06/2/2014
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
Japan's Dai-ichi Life in talks to buy Protective Life for $5 billion: source
TOKYO (Reuters) - Japanese insurer Dai-ichi Life Co is in advanced talks to buy U.S. peer Protective Life Corp in a deal that could be worth over $5 billion, extending a drive to buy assets abroad as an antidote to a weak domestic outlook.
Ventas to buy ARC Healthcare in $2.6 billion deal
(Reuters) - American Realty Capital Healthcare Trust Inc, a real estate investment trust focused on acquiring medical office buildings, said it would sell itself to rival Ventas Inc in a stock and cash deal valued at $2.6 billion.
Broadcom looking at sale of its baseband chip business
(Reuters) - Chipmaker Broadcom Corp said it was looking to sell or wind-down of its cellular baseband business.
Insurer Endurance raises takeover offer for Aspen
(Reuters) - Insurer Endurance Specialty Holdings increased its offer for Aspen Insurance Holdings by $2.00 to $49.50 per share after its initial bid was rejected.
Ukraine's Naftogaz says sends Gazprom draft supply agreement
MOSCOW (Reuters) - Ukraine's state oil and gas company Naftogaz said on Monday it has sent Russian gas producer Gazprom a draft proposal with amendments to an existing natural gas supply contract between the two neighbors.
GSK in $350 million deal to develop cancer drugs with UK biotech firm
(Reuters) - GlaxoSmithKline Plc GSK.L has agreed a deal worth more than $350 million with British biotech company Adaptimmune to develop cancer drugs based on novel cell-based therapies.
Shire secures $5 billion funding for NPS Pharma bid: The Times
(Reuters) - London-listed drugmaker Shire Plc has secured a $5 billion credit facility for a takeover offer for New-Jersey-based NPS Pharmaceuticals, The Times of London reported on Sunday.
Etihad Airways takes steps toward Alitalia investment
DUBAI (Reuters) - Etihad Airways said it had set the terms for investing in loss-making airline Alitalia and was looking to conclude the deal, as the Abu Dhabi carrier expands its reach in Europe.
Henkel to buy three U.S. hair care brands for $370 million
FRANKFURT/LONDON (Reuters) - Germany's Henkel will buy three U.S. hair care companies for 270 million euros ($370 million) in cash as the household products and industrial glues maker aims to strengthen its business with hair salons.
Valeant boosts $53.8 billion Allergan bid as Ackman opts for stock
(Reuters) - Valeant Pharmaceuticals International Inc said on Friday it would boost its takeover bid for Botox-maker Allergan Inc for the second time this week, contingent on the two sides negotiating.
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