Newsletter BOX: Deals Today

08/29/2013

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

Vodafone in talks with Verizon to sell out of U.S. venture

LONDON (Reuters) - Vodafone Group PLC said on Thursday it was in talks with Verizon Communications Inc to sell its 45 percent stake in their U.S. joint venture Verizon Wireless for what a Bloomberg report said would be about $130 billion.

Nynas to win EU approval for Shell refinery deal: source

BRUSSELS (Reuters) - Swedish refiner Nynas will win unconditional EU antitrust approval for its proposed acquisition of most units of Royal Dutch Shell's Harburg refinery, a person familiar with the matter said on Thursday.

ENRC bidders hold 94.5 percent of shares, extend offer

LONDON (Reuters) - The founders of Kazakh miner ENRC , bidding to buy out minority shareholders, said on Thursday that a majority of small investors had taken up the offer, taking acceptances to 94.5 percent and all but guaranteeing success.

Playtech looking to spend $800 million on acquisitions, chairman quits

LONDON (Reuters) - Gaming software developer Playtech is looking to spend more than 600 million euros ($800 million) on acquisitions, as it looks to take advantage of more people betting on bingo and sport on their mobile phones and tablets.

U.S. government, two airlines say open to settling merger fight

WASHINGTON (Reuters) - American Airlines , US Airways and the U.S. Justice Department said on Wednesday they were open to settling a court fight over whether the two companies should be allowed to merge, but there was no sign of an imminent agreement.

Bombardier, Rostec in tentative turboprop aircraft deal

TORONTO (Reuters) - Bombardier Inc signed a preliminary deal to sell 100 short-haul Q400 NextGen aircraft in Russia and set up a joint-venture assembly line for the planes in that country.

Carlyle, Townsend to invest $200 million in China warehouses

HONG KONG (Reuters) - U.S. buyouts firm Carlyle Group said on Thursday it would invest around $200 million with U.S. investment management firm Townsend Group to buy and build 17 warehouses as part of plans to build a logistics platform across China.

Exclusive: Citadel, Virtu, Two Sigma, RGM bid for E*Trade unit - sources

NEW YORK (Reuters) - Citadel LLC, Virtu Financial, Two Sigma and RGM Advisors are among the companies bidding for E*Trade Financial Corp's market-making unit in a deal expected to be worth $100 million to $200 million, several sources with direct knowledge of the situation said on Wednesday.

Hortonworks to seek IPO within two years, CEO says

(Reuters) - Enterprise software start-up Hortonworks plans to seek a public listing in 15 to 24 months, banking on growing demand for data analytics, its chief executive said on Wednesday.

Endo Health to buy private generic drugs firm for $225 million

(Reuters) - Specialty pharmaceutical company Endo Health Solutions Inc said it would buy privately-held Boca Pharmacal for $225 million to boost its generics business, as two of its biggest drugs are set to lose patent protection.