Anonymous sources

Reuters



Med Crude-Urals eases despite short programme - Reuters
| MOSCOW/LONDON Feb 2 (Reuters) - Russian Urals crude was pegged at lower levels on Thursday amid limited buying interest, while the arbitrage window to the United States and Asia was shut, industry sources said. "I do not expect there will be any ...
February 2, 2012


Spain's Repsol begins drilling offshore Cuba: sources - Reuters
The massive Scarabeo 9 drilling rig, which arrived in Cuban waters two weeks ago, began drilling into the sea floor about 30 miles northwest of Havana on Tuesday night, the sources said. A Repsol spokesman said the company could not comment on ...
February 2, 2012


Rising regulatory risk squashing M&A deals, say advisers - Reuters
"I am receiving many calls from clients worried that regulators might have a heavier hand on merger control," said the head of M&A for EMEA at a major European investment bank, who declined to be named to protect his clients' identities.
February 2, 2012


INSIGHT-D.Boerse/NYSE deal undone by smart opponents, culture clash - Reuters
"Posch made it clear what his reservations were," a person close to the Hesse Ministry said. And before unveiling the deal, Francioni had not told local politicians in Germany about plans to combine the stock exchanges in Frankfurt, Amsterdam, ...
February 2, 2012


India phone licence loss seen benefiting Telenor - Reuters
"They need to shut the door, get out of India and stop the losses," one institutional investor in Telenor, who asked not to be named, told Reuters. "India is a difficult market where you constantly get surprises. Why do you want to invest billions ...
February 2, 2012


Gulf Capital eyes control of consulting firm-sources - Reuters
Gulf Capital will be closing the transaction during the first quarter this year through its $533 million Private Equity Fund II, one of the sources said. The deal may be valued at around 100 million dirhams ($27 million), according to the source.
February 2, 2012


Enel retail bond to yield 300 bps over benchmark-sources - Reuters
| MILAN Feb 2 (Reuters) - Italian utility Enel's soon-to-be-launched bond for retail investors will yield a minimum of 300 basis points above benchmark rates, sources close to the deal said on Thursday. Enel is expected to launch a fixed-rate tranche ...
February 2, 2012


TPG mulls bid for Australia's Pacific Brands-source - Reuters
TPG has not tabled a bid for the asset, the source said, but is instead watching developments on the rival bid made by KKR & Co in January. At the time of KKR's bid, Pacific Brands said there was no certainty that discussions would lead to any ...
February 2, 2012


Frisbee heiress divorce case property sale revived-source - Reuters
By Tom Bill | LONDON Feb 2 (Reuters) - The sale of a major London office development, central to a divorce case involving the heiress to the Frisbee toy fortune, has been revived after falling through late last year, a source close to the situation ...
February 2, 2012


Italy govt to pass labour reforms even without unions - Reuters
| ROME Feb 2 (Reuters) - The Italian government will seek to pass reforms to the labour market even without the consent of unions, Labour Minister Elsa Fornero told union leaders on Thursday, according to an official close to the discussions.
February 2, 2012


Kuwait-Saudi Dorra gas work seen starting in June - Reuters
... Feb 2 (Reuters) - Kuwait and Saudi Arabia are pushing ahead with plans to develop the undisputed part of the offshore Dorra gas field with the front-end engineering and design (FEED) work expected to be completed by June, industry sources said.
February 2, 2012


Atlantia placing 7-yr bond to finance note buyback - Reuters
"The offer for a 2019 bond is under way, the operation is closing and the proceeds will in part be used to pay down debt," the source said. Part of the proceeds will be used to finance the buyback of up to 750 million euros of notes, the source added.
February 2, 2012


Sberbank to sell oil assets to Rosneft - source - Reuters
| MOSCOW Feb 2 (Reuters) - Russia's top lender Sberbank is to announce the sale of its Taas-Yuriakh oil assets in Eastern Siberia to state-controlled oil major Rosneft , a source close to the bank told Reuters on Thursday. He didn't disclose the terms ...
February 2, 2012


Exclusive: India delegation to go to Iran to boost oil exports - Reuters
NEW DELHI (Reuters) - India will send a business delegation to Iran at the end of February to explore how it can increase exports in order to meet payments for Iranian oil hit by international sanctions, a senior government official said on Thursday.
February 2, 2012


Analysis: Middle East turmoil draws Turkey and Iraqi Kurds - Reuters
"Turkey is our port to Europe and the West," said a regional government official who declined to be named. "It is a member of NATO, and one day could join the European Union. It is a much better option than Baghdad or Iran." With an economy growing at ...
February 2, 2012


Enel sells Terna stake for 178 million euros gain - Reuters
The sale raised cash for debt reduction and removed any lingering conflict of interest issues between the electricity provider and the grid operator, a person close to the matter said on Wednesday. (Reporting By Stephen Jewkes)
February 2, 2012


JPMorgan wows Wall Street with Facebook IPO win - Reuters
As recently as December, Dimon visited Facebook's headquarters in Palo Alto, California, to establish its position within the team of bookrunners, the sources said. Lee has had a business relationship with Sandberg for years, which has allowed him to ...
February 2, 2012


PRESS DIGEST - MALAYSIA - Feb 2 - Reuters
BUSINESS TIMES (www.btimes.com.my) * The 7.07 billion ringgit ($2.32 billion) West Coast Expressway project awarded by the government to Kumpulan Europlus Bhd (KEuro) is no "sweetheart deal" a source said. * A control Berjaya Group, Vincent Tan Chee ...
February 2, 2012


Exclusive: MF Global triggers regulatory rethink at CFTC - Reuters
"There is a whole package of recommendations that staff has drafted at the direction of the chairman to bolster our current regulations," said the CFTC official, who was not authorized to speak on the record. "I think, absolutely, I would say these are ...
February 1, 2012


Power cuts pitch North Korea capital into darkness: diplomat - Reuters
The Pyongyang-based diplomat, who asked not to be named, said the city of 3 million and home to the leadership elite, has seen daily power supplies almost evaporate as freezing winter temperatures bite. "Embassies and others with generators are using ...
February 1, 2012


Middle East turmoil draws Turkey and Iraqi Kurds closer - Reuters
"Turkey is our port to Europe and the West," said a regional government official who declined to be named. "It is a member of NATO, and one day could join the European Union. It is a much better option than Baghdad or Iran." With an economy growing at ...
February 1, 2012


Two private equity firms bid for Iceland Foods: sources - Reuters
| LONDON (Reuters) - Two buyout houses have placed bids for British frozen food retailer Iceland Foods, people familiar with the matter said, in an auction that the vendors hope will value the business at around 1.5 billion pounds ($2.4 billion).
February 1, 2012


Two private equity firms bid for Iceland Foods-sources - Reuters
LONDON Feb 1 (Reuters) - Two buyout houses have placed bids for British frozen food retailer Iceland Foods, people familiar with the matter said, in an auction that the vendors hope will value the business at around 1.5 billion pounds ($2.4 billion).
February 1, 2012


Ex-Credit Suisse employee surrenders: FBI - Reuters
The investigation stems from $2.85 billion in writedowns that Credit Suisse took on collateralized debt obligations in 2008, said the sources, who spoke on the condition of anonymity. Credit Suisse revealed those CDO losses in early 2008, ...
February 1, 2012


OHB beats EADS to Galileo satellite contract -sources - Reuters
"OHB will be given the contract to build eight Galileo satellites," one of the sources said, adding that the total value of the order was 250 million euros ($327 million). OHB beat off competition from a consortium led by EADS Astrium to build the ...
February 1, 2012


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