Newsletter BOX: Deals Today

08/14/2013

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

Watsa to hold keys to a BlackBerry deal

TORONTO/NEW YORK (Reuters) - BlackBerry Ltd is expected to draw preliminary interest from technology companies, buyout firms and Canadian pension funds, but its fate may ultimately rest in the hands of its largest shareholder, Prem Watsa's Fairfax Financial Holdings Ltd.

Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion

BEIJING (Reuters) - China's Baidu Inc said on Wednesday it has agreed to buy the app store of Hong Kong-listed Netdragon Websoft Inc for $1.85 billion in cash in what would be the biggest deal in China's IT sector.

KPN foundation flags concerns over Slim bid

AMSTERDAM (Reuters) - An independent foundation which has the power to block a takeover of Dutch telecoms group KPN has expressed its concern over the proposed 7.2 billion euros ($9.6 billion) offer by Mexican billionaire Carlos Slim's America Movil.

KPN foundation flags concerns over Carlos Slim bid

AMSTERDAM/BRUSSELS (Reuters) - An independent foundation that can block a takeover of Dutch telecoms group KPN has expressed concern over the proposed 7.2 billion euro ($9.6 billion) bid by Mexican billionaire Carlos Slim's America Movil .

German court throws Liberty Global takeover of KabelBW into doubt

DUESSELDORF, Germany (Reuters) - A German higher regional court reversed an approval by the country's cartel office for Liberty Global's 3.16 billion euro ($4.2 billion) acquisition of KabelBW, throwing the now-completed merger into doubt.

U.S. sues to block AMR-US Airways merger; stocks fall

WASHINGTON (Reuters) - The U.S. government on Tuesday sued to block American Airlines and US Airways' proposed merger to create the world's biggest airline, saying consumers would end up paying higher fares and fees.

In airline suit, U.S. antitrust enforcers try to build on wins

WASHINGTON (Reuters) - AMR Corp's American Airlines and US Airways Group Inc could be in for a long and bruising courtroom battle against seasoned lawyers if they choose to keep fighting the U.S. Justice Department's objection to their merger.

Regency sells 7 shopping centers to Blackstone: DDR JV

NEW YORK (Reuters) - Regency Centers Corp said on Tuesday that it had sold a portfolio of seven grocery-anchored shopping centers to a joint venture between Blackstone Group LP and real estate investment trust DDR Corp for $332 million.

Wal-Mart unit seeks stake in Kenyan supermarket Naivas

NAIROBI (Reuters) - Wal-Mart's South African unit Massmart is in talks to take a majority stake in the Kenyan supermarket chain Naivas that would give the world's largest retailer a foothold in east Africa's biggest economy.

Whirlpool buys 51 percent stake in China appliance maker

(Reuters) - Whirlpool Corp said on Tuesday it will buy a majority stake in China's Hefei Rongshida Sanyo Electric Co Ltd for $552 million as the world's largest maker of home appliances seeks to expand its sales in Asia.