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Monday, September 2, 2013

Daily Investor Briefing: Verizon and Vodafone agree $130...

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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 and Vodafone agree $130 billion Wireless deal
LONDON/SAN DIEGO (Reuters) - Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone out of its U.S. wireless business, signing history's third largest corporate deal to bring an end to an often fractious 14-year marriage.
Stock futures up, Treasuries futures slip as Syria fears ebb
NEW YORK (Reuters) - U.S. stock index futures rose on Monday and Treasuries futures slipped as worries about an imminent Western military strike against Syria ebbed.
Factory growth lifts shares as Syria risk eases
LONDON (Reuters) - A delay in potential U.S. military action in Syria and improving economic data from China and Europe lifted world share markets on Monday and sent safe-haven government bonds, gold and the Japanese yen lower.
For Verizon advisers, huge payoff after waiting a decade
NEW YORK (Reuters) - It has been a 10-year-long wait for bankers advising Verizon Communications Inc on its $130 billion deal to take complete control of Verizon Wireless, but their patience will yield both handsome fees and bragging rights.
Private equity firms in running for Spain's EVO Banco: FT
MADRID (Reuters) - U.S. private equity group Centerbridge and London-based Anacap are among the bidders in late-stage talks to buy one of Spain's smaller nationalized lenders, the Financial Times reported on Monday.
Vittorio Colao caps Vodafone revamp with U.S. megadeal
PARIS/LONDON (Reuters) - Vittorio Colao, the urbane Italian boss of Vodafone , believes that negotiating major deals is an art whose finest practitioners know how to wield power and resist pressure.
Mexico's America Movil: Hybrid bond aims to help rating
MEXICO CITY (Reuters) - A three-part sterling and euro hybrid bond that Mexico's America Movil announced on Monday is aimed at preserving the company's credit rating and not linked to any particular pending deals, Chief Financial Officer Carlos Garcia Moreno said.
ThyssenKrupp denies report it may scrap Steel Americas sale
FRANKFURT (Reuters) - Germany's ThyssenKrupp has denied a media report that it planned to scrap the sale of its Steel Americas business, the loss-making unit it has tried for more than a year to offload.
Vodafone to return $84 billion to investors after Verizon deal
LONDON (Reuters) - Vodafone said its shareholders would receive about $84 billion in cash and shares after the company completes the sale of its 45 percent stake in Verizon Wireless to Verizon Communications for $130 billion.
After $130 billion deal, Colao says 'super committed' to Vodafone's next chapter
LONDON (Reuters) - Vodafone Chief Executive Vittorio Colao said on Monday he was committed to the next stage in the mobile operator's history after pulling off the $130 billion sale of the group's stake in U.S. operator Verizon Wireless .
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