Newsletter BOX: Deals Today

08/12/2013

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

Greece completes privatization of gambling monopoly OPAP

ATHENS (Reuters) - Greece on Monday completed the sale of a major stake in state-controlled gambling firm OPAP to Greek-Czech fund Emma Delta, a condition of the country's ambitious asset sales program under its multi-billion international bailout.

America Movil wants to 'unlock value' in KPN: report

AMSTERDAM (Reuters) - Mexican billionaire Carlos Slim's America Movil wants to 'unlock value' from Dutch telecoms group KPN and is not just interested in its German business E-Plus, a Dutch newspaper reported on Monday, quoting the Mexican group's finance chief.

Technip, DOF Subsea win billion-dollar contracts from Petrobras

OSLO/PARIS (Reuters) - Oil industry suppliers Technip and DOF Subsea have won major contracts from Brazilian state-owned oil company Petrobras , they said on Monday.

America Movil makes $9.6 billion bid for rest of KPN

MEXICO CITY/LONDON (Reuters) - Mexican billionaire Carlos Slim's America Movil defied arch-rival Telefonica with a 7.2 billion euro ($9.6 billion) bid for the 70 percent of Dutch telecoms group KPN that it does not already own.

Telia backs Latvia telecoms consolidation, eyes full ownership

STOCKHOLM (Reuters) - Nordic telecoms group TeliaSonera said on Thursday it backed plans by Latvia to consider a merger between fixed-line and mobile telecom operators and remained keen to raise its stake in the companies.

Entergy, ITC Holdings withdraw grid sale plan in Texas

HOUSTON (Reuters) - Texas utility regulators approved a motion on Friday to allow Entergy Corp and ITC Holdings to withdraw a plan to transfer Entergy's electric transmission assets in Texas to ITC.

Caesars sells $438 million Macau golf course to Pearl Dynasty

HONG KONG (Reuters) - U.S. casino operator Caesars Entertainment has agreed to sell a golf course in Macau to Pearl Dynasty Investment Ltd for $438 million, effectively giving up on its wait for casino operating rights in the Chinese gaming enclave.

Forstmann Little considers IMG sale, strategic alternatives

(Reuters) - Private equity firm Forstmann Little & Co said it was undertaking a strategic evaluation of IMG Worldwide that may include a sale of the sports, fashion and marketing agency.

American Tower to acquire towers in Brazil, Mexico for $811 million

(Reuters) - American Tower Corp , under attack from short-seller Muddy Waters over earlier acquisitions in Brazil, said it will acquire about 4,500 telecom towers in Brazil and Mexico from Latin American telecom service provider NII Holdings Inc for $811 million.

After 9 years, Tesco gives up on cracking China alone

HONG KONG/LONDON (Reuters) - After nine years in China, British supermarket firm Tesco is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China on its own.