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Tuesday, June 17, 2014

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06/17/2014
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
France wants better Alstom offers: presidency source
PARIS (Reuters) - The French government raised the stakes in the battle for the power assets of engineering group Alstom on Tuesday, urging rival suitors General Electric (GE) and Siemens to come up with better offers.
Shell to sell most of stake in Australia's Woodside for $5.7 billion
MELBOURNE (Reuters) - Royal Dutch Shell launched a long-anticipated sale of most of its stake in Australia's Woodside Petroleum Ltd on Tuesday, looking to reap about $5.7 billion as it moves to focus on developing its own gas assets in Australia.
SoftBank Capital closes in on financing round with Kony: sources
NEW YORK (Reuters) - SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
BP to sign $20 billion LNG supply deal with China's CNOOC
MOSCOW/MILAN (Reuters) - BP will sign a deal worth around $20 billion on Tuesday to supply China National Offshore Oil Corporation (CNOOC) with liquefied natural gas (LNG), Chief Executive Bob Dudley said at a conference in Moscow.
Citigroup buys $700 million Asia HQ in record Hong Kong office deal
HONG KONG (Reuters) - Citigroup will pay HK$5.425 billion ($699.86 million) for its new Hong Kong headquarters, in the largest ever purchase of a single-block office building in the Asian financial hub, the U.S. bank said on Tuesday.
SoftBank CEO: sees new movement, hopes for more discussion after resistance on T-Mobile
TOKYO (Reuters) - SoftBank Corp CEO Masayoshi Son, who has met resistance from U.S. regulators to a possible acquisition of wireless carrier T-Mobile US Inc, on Tuesday said there had been new movement in the past few months and expressed hope for more discussion.
South Africa's Woolworths shareholders approve David Jones deal
CAPE TOWN (Reuters) - Shareholders of Woolworths on Tuesday approved the South African retailer's $2 billion acquisition of Australia's David Jones .
BG sells UK CATS gas pipeline stake to infrastructure fund
LONDON (Reuters) - Britain's BG Group has sold a majority stake in one of Europe's biggest gas pipelines to Antin Infrastructure Partners for nearly $1 billion, the firm's first major asset sale since announcing a portfolio review to beef up its finances.
Medtronic's Covidien deal raises bar for rivals to merge
(Reuters) - Medtronic Inc's $43 billion deal for Dublin-based Covidien Plc should accelerate already intense efforts by medical device rivals to seek merger partners, industry analysts and bankers said on Monday.
PubliGroupe backs increased takeover bid from Swisscom
ZURICH (Reuters) - Swisscom raised its bid for PubliGroupe to 214 Swiss francs per share on Tuesday and won support from PubliGroupe's board and major shareholders, suggesting a two-month takeover battle is nearing its end.
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