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10/3/2014
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
Facebook wins EU approval for $19 billion WhatsApp bid
BRUSSELS (Reuters) - Facebook , the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry.
EU Commission clears Eli Lilly, Novartis deal
BRUSSELS (Reuters) - EU antitrust regulators approved U.S. drugmaker Eli Lilly's $5.4 billion takeover of Swiss peer Novartis's animal health business on Friday.
Daimler, Renault-Nissan extend manufacturing alliance
PARIS (Reuters) - Daimler and Renault-Nissan said on Friday they would extend a manufacturing alliance to include engines and gearboxes.
RadioShack reaches refinancing deal with Standard General: Bloomberg
(Reuters) - Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday season, Bloomberg reported, citing a person familiar with the matter.
Salix and Cosmo Pharma terminate deal citing 'changed political environment'
(Reuters) - Salix Pharmaceuticals Ltd and Swiss-listed Cosmo Pharmaceuticals SpA said they have terminated their merger agreement, citing a "changed political environment".
Bingham lawyers who grew through mergers face undoing by merger
NEW YORK (Reuters) - In 2011, Boston-based law firm Bingham McCutchen was hailed in a Harvard Law School case study as a model of how lawyers can get rich by merging with other firms.
Japan insurer Tokio Marine sees more M&A opportunities in North America
TOKYO (Reuters) - Japan's Tokio Marine Holdings Inc sees many attractive acquisition opportunities in North America, its chief executive said, even after spending more than $7 billion to buy insurance companies there in the last six years.
Kellogg CEO planning to meet United Biscuits to discuss deal: WSJ
(Reuters) - Cereal maker Kellogg Co's chief executive officer is planning to meet with cookies and snacks maker United Biscuits Ltd to discuss a possible 2 billion pound ($3.23 billion) offer for the British company, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
UK challenger bank Aldermore eyes $1.3 billion float
LONDON (Reuters) - British lender Aldermore expects to be valued at about 800 million pounds ($1.3 billion) when it makes its market debut later this month, becoming the latest so-called "challenger" bank to list in London.
Telecom Italia gives CEO mandate to buy stake in Metroweb: source
CAPRI Italy (Reuters) - Telecom Italia has given a mandate to CEO Marco Patuano to negotiate the acquisition of a majority stake in Italian fibre optic network provider Metroweb owned by infrastructure fund F2i, a source close to the matter said.
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