Monday 2 September 2013

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09/2/2013
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
Verizon poised for historic $130 billion Vodafone deal
LONDON (Reuters) - Verizon Communications was poised on Monday to take full control of its U.S. wireless business with a $130 billion deal to buy out Vodafone and end a decade-long corporate stand-off.
Piraeus investment deal eases privatization prospects
ATHENS (Reuters) - China's largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of its container operations at Greece's biggest port Piraeus (OLP) , easing the way for the port's privatization.
Russia's Global Ports buys container terminal firm NCC
MOSCOW (Reuters) - London-listed Russian ports operator Global Ports has bought domestic rival National Container Company (NCC) in a deal worth almost $1.6 billion, becoming one of the world's top 20 container operators.
Rolls-Royce sells helicopter engine stake to Safran's Turbomeca
LONDON (Reuters) - Rolls-Royce has sold its 50 percent stake in the RTM322 helicopter engine program to Safran's Turbomeca for 293 million euros ($386 million), the British firm said on Monday.
Hankook Tire expands further into premium market with Daimler deal
SEOUL (Reuters) - Hankook Tire Co Ltd said on Monday it has begun supplying tires to Daimler AG for the new Mercedes-Benz S-Class and E-Class sedans, a step up in brand recognition for South Korea's top tire maker which has been eager to expand further in the premium tire market.
Indofood swoops in to buy embattled China Minzhong for $382 million
SINGAPORE (Reuters) - Indonesia's Indofood, one of the world's biggest instant noodle makers, has launched a takeover offer for China Minzhong that values the food producer at S$734 million ($575 million), just days after an attack by a short-seller eroded almost half of the Chinese firm's market value.
U.S. exit to leave Vodafone with M&A war chest
LONDON/PARIS (Reuters) - Vodafone's exit from the United States in a $130 billion deal expected to be sealed on Monday will give it a war chest to make acquisitions even after it rewards its shareholders.
UAE's Etihad sees clearance for Jet deal, extends deadline
DUBAI (Reuters) - Etihad Airways expects a $600 million investment in Jet Airways to be cleared by Indian authorities imminently, as it further extended a deadline for regulatory approval that ended on Aug 31, the Abu Dhabi carrier said on Sunday.
Exclusive: America Movil says has no intention of raising KPN offer
MEXICO CITY (Reuters) - Mexican telecoms firm America Movil on Friday hit out at efforts to make it improve its offer for Dutch peer KPN, saying it had been shown a lack of respect, and had no intention of raising its 7.2 billion-euro ($9.49 billion) bid.
Countdown begins to U.S. airline merger trial in November
WASHINGTON (Reuters) - American Airlines and US Airways voiced a fresh sense of optimism on Friday after a U.S. judge granted their request for a speedy trial to determine whether the two carriers are allowed to form the world's largest airline.
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