Thursday, March 31, 2016

PRESS DIGEST- New York Times business news - April 1

April 1 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Poland's Alior Bank agrees Polish GE's unit buy for $329 mln

WARSAW, April 1 (Reuters) - Poland's mid-tier lender Alior Bank has agreed to buy local rival Bank BPH's core business from General Electric for 1.225 billion zlotys ($328.52 million), or at a price...

Read more
Posted by at No comments:

Alibaba scraps plan to inject pharmacy business in healthcare affiliate

SHANGHAI, April 1 (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd has scrapped plans to inject its pharmacy business into a Hong Kong-listed affiliate, citing regulatory uncertainties...

Read more
Posted by at No comments:

BRIEF-Marriott and Starwood to host shareholder meetings on april 8, 2016

* Marriott and Starwood both support and encourage shareholders to vote for merger on April 8, 2016

Read more
Posted by at No comments:

BRIEF-Court confirms Molycorp's fourth joint amended plan of reorganization

* Court confirms Molycorp, Inc.'s fourth joint amended plan of reorganization, paves way for company's emergence from chapter 11

Read more
Posted by at No comments:

China's Shandong Ruyi says it will take over French fashion firm SMCP

SHANGHAI, April 1 (Reuters) - China's Shandong Ruyi said it will buy a controlling stake in SMCP, the French firm behind affordable luxury fashion brands Sandro, Maje and Claudie Pierlot.

Read more
Posted by at No comments:

Chaparral Energy to miss debt interest payment-sources

NEW YORK, March 31 (Reuters) - Privately held oil and gas exploration and production company Chaparral Energy Inc will not make an interest payment due April 1 tied to a $300 million bond, according...

Read more
Posted by at No comments:

U.S. SEC's White pushes investor protections in Silicon Valley

March 31 (Reuters) - The chair of the U.S. Securities and Exchange Commission took on "unicorns," tech startups and other privately held companies on Thursday, admonishing Silicon Valley firms to be...

Read more
Posted by at No comments:

BRIEF-Wintrust Financial Corp closes acquisition of Generations Bancorp

* Wintrust financial corporation announces the closing of the acquisition of Generations Bancorp, Inc. Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

BRIEF-Altius acquires copper payments referenced to Yamana's chapada mine

* Altius acquires copper payments referenced to Yamana's chapada mine

Read more
Posted by at No comments:

BRIEF-Anbang informs Starwood it is walking away from proposed takeover of Starwood - CNBC, citing DJ

* Anbang informs Starwood it is walking away from proposed takeover of Starwood - CNBC, citing DJ Further company coverage: [HOT.N ] )

Read more
Posted by at No comments:

BRIEF-Anbang did not provide a reason to Starwood for walking away - sources

* Anbang never followed through on its March 26 proposal to Starwood to make it binding - sources

Read more
Posted by at No comments:

BRIEF-Lynden Energy says court authorized meeting to vote on arrangement with Earthstone Energy

* Got interim order from court authorizing holding special meeting of security holders to vote on arrangement with Earthstone Energy Source text for Eikon: Further company coverage: (Bengaluru...

Read more
Posted by at No comments:

BRIEF-Southern Company, Powersecure say Hart-Scott-Rodino waiting period terminated

March 31 (Reuters) - Southern Company, Powersecure Announce The Termination Of The Hart

Read more
Posted by at No comments:

After Western Digital struggles, focus turns to Dell

NEW YORK, March 31 (IFR) - Western Digital hit a few roadblocks in the junk bond market this week, putting bankers on edge about other big M&A bonds in the works including a massive trade from Dell.

Read more
Posted by at No comments:

UPDATE 1-DoJ says Iron Mountain must divest assets to buy Recall Holdings

March 31 (Reuters) - The U.S. Department of Justice said records management company Iron Mountain Inc would have to divest some of its assets to get U.S. antitrust approval for its acquisition of...

Read more
Posted by at No comments:

Amazon in talks to buy stake in mapping company HERE -sources

FRANKFURT, March 31 (Reuters) - Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE, two auto industry sources familiar with...

Read more
Posted by at No comments:

Canada's Rogers to offer sports channels as streaming services

TORONTO, March 31 (Reuters) - Canada's Rogers Communications Inc, the primary national broadcaster of National Hockey League games, said on Thursday it will begin selling its top sports channels...

Read more
Posted by at No comments:

BRIEF-Lake Shore Gold announces shareholder approval of plan of arrangement with Tahoe Resources

* Announces shareholder approval of plan of arrangement with Tahoe Resources Inc.

Read more
Posted by at No comments:

U.S. says Iron Mountain must divest assets to acquire Recall Holdings

WASHINGTON, March 31 (Reuters) - The U.S. Department of Justice on Thursday said it will require data management firm Iron Mountain Inc to divest its records management assets as a condition for...

Read more
Posted by at No comments:

BRIEF-Eurazeo in talks to buy 10+ chocolate and confectionery brands

* Eurazeo in exclusive discussions to buy more than 10 European chocolate and confectionery brands from Mondelez International

Read more
Posted by at No comments:

BRIEF-Rona common shareholders approve arrangement with Lowe's

* Arrangement approved by 99.92% of votes cast by common shareholders at special meeting representing 70.22% of total shares outstanding

Read more
Posted by at No comments:

Greece says Canada's Eldorado should compromise on gold mine project

ATHENS, March 31 (Reuters) - Greece said on Thursday that Canadian miner Eldorado Gold needs to reach a "compromise" with local communities and the government to move ahead with its gold mine project...

Read more
Posted by at No comments:

BRIEF-Aixtron said in talks with potential buyers amid sales struggles - Bloomberg

* Aixtron said in talks with potential buyers amid sales struggles - Bloomberg citing sources

Read more
Posted by at No comments:

Vale says Mitsui has no plans to revise Mozambique coal venture

SAO PAULO, March 31 (Reuters) - Vale SA, the world's No. 2 mining company, said on Thurday that partner Mitsui & Co Ltd has no plans to revise terms of a coal venture project in Mozambique, as...

Read more
Posted by at No comments:

Argus Media close to stake sale, Temasek among bidders - sources

LONDON, March 31 (Reuters) - Investment and private equity funds including Singapore's Temasek and Rothschild Group are competing to invest in Argus Media in a deal that could value the energy-market...

Read more
Posted by at No comments:

Mitsui mulls reviewing 2014 Vale deal in Mozambique - paper

BRASILIA, March 31 (Reuters) - Japanese trader Mitsui & Co Ltd is considering changing the terms of a 2014 stake purchase agreement with Vale SA in Mozambique after the Brazilian miner wrote off $2.4...

Read more
Posted by at No comments:

BRIEF-Terrace announces restructuring plans

* Intends to rely on combination of capital deferrals, cost reductions (G&A), exchange of outstanding convertible notes to preserve cash Source text for Eikon: Further company coverage: (Bengaluru...

Read more
Posted by at No comments:

BRIEF-Peabody energy corp - as previously announced unit entered purchase agreement with western megawatt resources - sec filing

* As previously announced unit entered purchase agreement with Western Megawatt Resources - sec filing

Read more
Posted by at No comments:

BRIEF-BP and CNPC sign shale gas production sharing contract

* BP and China National Petroleum Corporation sign BP's first shale gas production sharing contract in China

Read more
Posted by at No comments:

BRIEF-Cara to buy St-Hubert for $537 million

* Entered into a definitive agreement to acquire 100% of groupe St-Hubert Inc

Read more
Posted by at No comments:

Canada's Cara to buy St-Hubert BBQ chain

March 31 (Reuters) - Canada's Cara Operations Ltd, owner of the Swiss Chalet casual dining chain and Harvey's burger outlets, said on Thursday it would buy St-Hubert BBQ, one of Quebec's largest...

Read more
Posted by at No comments:

Britain's Cameron says no guarantees over future of Tata Steel assets

LONDON, March 31 (Reuters) - Prime Minister David Cameron said there were no guarantees that Tata Steel's business in Britain would be saved after the Indian company put it up for sale and that he...

Read more
Posted by at No comments:

Israeli real estate developer Gazit-Globe moves to profit in Q4

JERUSALEM, March 31 (Reuters) - Gazit-Globe, Israel's largest real estate development company, moved to a net profit in the fourth quarter, helped by a rise in rental income.

Read more
Posted by at No comments:

BRIEF-Nanoco group sees FY rev lower than privious expectations

* Has mutually agreed with Dow Chemical Company (NYSE: DOW) ("Dow") to modify its licence agreement for nanoco's cadmium-free quantum dot technology.

Read more
Posted by at No comments:

RPT-Tata's UK steel exit raises expectations of European mergers

* Consolidation waves seen at times of distress or empire-building

Read more
Posted by at No comments:

Wednesday, March 30, 2016

BRIEF-Computer Sciences says EU clears Xchanging deal

* Satisfaction of EU merger control condition Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

UPDATE 1-UK Stocks-Factors to watch on March 31

March 31 (Reuters) - Britain's FTSE 100 index is seen opening down 14 points, or 0.2 percent, on Thursday, according to financial bookmakers. Futures were down 0.4 percent at 0616 GMT, ahead of the...

Read more
Posted by at No comments:

PRESS DIGEST- New York Times business news - March 31

March 31 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

PRESS DIGEST - Wall Street Journal - March 31

March 31 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

BRIEF-Hitachi Transport System and Sagawa Express are expected to integrate their operations within 3 years - Nikkei

* Hitachi Transport System and Sagawa Express are expected to integrate their operations within three years - Nikkei Source - http://s.nikkei.com/25x2xn7 Further company coverage:

Read more
Posted by at No comments:

MOVES-Bank of America retail banker Biddle joins Barclays-sources

March 30 (Reuters) - Barclays Plc has hired Bank of America 's Eric Biddle as an investment banker to retail and consumer companies, according to people familiar with the matter.

Read more
Posted by at No comments:

BRIEF-XL Group PLC estimates $55 million integration costs for Q1 2016

* Estimates integration costs for Q1 2016 associated with May 1, 2015 acquisition of Catlin Group will be about $55 million - sec filing Source - http://1.usa.gov/1V6WP6q Further company coverage:...

Read more
Posted by at No comments:

BRIEF-First Busey, Pulaski Financial announce shareholder approval for merger

* First Busey Corporation and Pulaski Financial Corp announce shareholder approval for merger Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Read more
Posted by at No comments:

Medivation working with JPMorgan on takeover approaches -sources

March 30 (Reuters) - Medivation Inc has been working with investment JPMorgan Chase & Co to handle interest from other companies in a potential acquisition, but it has no plans to sell itself,...

Read more
Posted by at No comments:

UPDATE 1-Medivation working with JPMorgan on takeover approaches -sources

March 30 (Reuters) - Medivation Inc has been working with investment JPMorgan Chase & Co to handle interest from other companies in a potential acquisition, but it has no plans to sell itself,...

Read more
Posted by at No comments:

Icahn's CVR Energy loses malpractice case vs Wachtell law firm

NEW YORK, March 30 (Reuters) - A federal judge dismissed an unusual lawsuit in which CVR Energy Inc accused the powerful Manhattan law firm Wachtell, Lipton, Rosen & Katz of malpractice tied to the...

Read more
Posted by at No comments:

BRIEF-Sumac Corporation acquires shares of Norvista Capital Corporation

* Sumac Corporation Limited acquires shares of Norvista Capital Corporation

Read more
Posted by at No comments:

Tata's UK steel exit raises expectations of European mergers

* Consolidation waves seen at times of distress or empire-building

Read more
Posted by at No comments:

Allianz to sell $5 bln life insurance portfolio in Italy- sources

LONDON, March 30 (Reuters) - German insurer Allianz is looking to sell a $5 billion portfolio of life insurance policies in Italy, sources familiar with the matter said on Wednesday.

Read more
Posted by at No comments:

BRIEF-Gameloft files complaint regarding takeover bid by Vivendi

* Gameloft files a complaint against the declaration of compliance related to the takeover bid by Vivendi Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Read more
Posted by at No comments:

BRIEF-Wynnefield Capital "strongly opposes" Checkpoint Systems sale to Canada's CCL

* Wynnefield Capital says "strongly opposes" sale of Checkpoint System to CCL Industries

Read more
Posted by at No comments:

Burger King France to sell Belgian Quick restaurants

PARIS, March 30 (Reuters) - Burger King France's owner has decided to put its Quick burger chain in Belgium and Luxembourg up for sale, a source close to the deal said on Wednesday.

Read more
Posted by at No comments:

UPDATE 2-EU opens in-depth investigation into Hutchison, Vimpelcom Italian deal

BRUSSELS, March 30 (Reuters) - European Union antitrust regulators have opened an in-depth investigation into Hutchison's planned merger of its Italian mobile telecoms business with Vimpelcom's, on...

Read more
Posted by at No comments:

Nationalisation not right answer for Tata's UK steel - minister

LONDON, March 30 (Reuters) - British business minister Sajid Javid said he did not think that Tata Steel's British steel-making assets should be nationalised and there was more that the European...

Read more
Posted by at No comments:

EU regulators open in-depth probe into Hutchison, Vimpelcom Italian deal

BRUSSELS, March 30 (Reuters) - European Union antitrust regulators said they had opened an in-depth investigation into Hutchison's planned merger of its Italian mobile telecoms business with...

Read more
Posted by at No comments:

UPDATE 1-EU opens in-depth investigation into Hutchison, Vimpelcom Italian deal

BRUSSELS, March 30 (Reuters) - European Union antitrust regulators said they had opened an in-depth investigation into Hutchison's planned merger of its Italian mobile telecoms business with...

Read more
Posted by at No comments:

Premier Foods says ready to enter into talks with McCormick

LONDON, March 30 (Reuters) - Premier Foods said it will hold meetings with its suitor McCormick, after the U.S. spice maker raised its takeover proposal for the second time.

Read more
Posted by at No comments:

Taiwan's Foxconn posts quarterly profit fall as it snaps up Sharp

TAIPEI, March 30 (Reuters) - Taiwan's Foxconn posted its first fall in quarterly net profit in more than two years on Wednesday as the main assembler of Apple Inc's iPhones felt the effects of a...

Read more
Posted by at No comments:

BRIEF-State Street to buy GE Asset Management

* Deal to buy ge asset management includes $50 million tied to incremental opportunities with ge, in addition to purchase price of $435 million Source text for Eikon: Further company coverage:...

Read more
Posted by at No comments:

UPDATE 1-State Street to buy GE Asset Management for up to $485 mln

March 30 (Reuters) - State Street Corp said it would buy General Electric Co's asset management business for up to $485 million as the industrial conglomerate winds down its financing arm to reduce...

Read more
Posted by at No comments:

UPDATE 3-Thousands of jobs at risk as India's Tata Steel seeks British exit

* Includes Port Talbot, UK's biggest steelworks (Adds UK government reaction)

Read more
Posted by at No comments:

BRIEF-India to acquire Raytheon stinger missiles

* Raytheon Co - Indian ministry of defence has signed an agreement with u.s. Department of defense to acquire stinger air-to-air missiles made by raytheon company

Read more
Posted by at No comments:

UPDATE 3-McCormick lifts offer for Premier Foods

* Proposal based on engagement, limited due diligence (Adds analyst recommendation, comments)

Read more
Posted by at No comments:

McCormick raises possible offer for Premier Foods

March 30 (Reuters) - U.S. spice company McCormick & Co raised its possible offer for Britain's Premier Foods Plc, calling Premier's board to engage to agree on a recommended offer.

Read more
Posted by at No comments:

BRIEF-Qihoo 360 announces shareholder approval of merger agreement

* Qihoo 360 announces shareholder approval of merger agreement Source text for Eikon: Further company coverage: ))

Read more
Posted by at No comments:

Tuesday, March 29, 2016

BRIEF-McCormick makes a revised proposal for UK's Premier Foods

* Today making a further revised proposal to board of Premier Foods of 65 pence in cash per Premier Foods share

Read more
Posted by at No comments:

BRIEF-Premier Foods clarifies on Darby's quote in The Daily Telegraph

* Gavin Darby was not aware, nor could he have been, of any discussions between McCormick & Company, Inc. And Warburg Pincus

Read more
Posted by at No comments:

Brazil tycoon Diniz ups stake in France's Carrefour to 8.05 pct

SAO PAULO/NEW YORK, March 30 (Reuters) - Península Participações Ltda, the investment holding company controlled by Brazilian billionaire Abilio Diniz's family, has increased the amount of shares it...

Read more
Posted by at No comments:

Wells Fargo plans quiet assault on Wall Street from glass tower

NEW YORK, March 30 (Reuters) - As Wall Street remakes itself on a former rail yard in the far west of Midtown Manhattan, one surprising name is leading the way.

Read more
Posted by at No comments:

Goldman raises $1.5 bln in infrastructure fund first close-sources

March 29 (Reuters) - Goldman Sachs Group Inc closed the first stage of fundraising for its newest infrastructure fund with about $1.5 billion, according to people familiar with the matter.

Read more
Posted by at No comments:

Huntington Ingalls CEO urges speedup of next amphib ship program

WASHINGTON, March 29 (Reuters) - Huntington Ingalls Industries Inc Chief Executive Mike Petters urged the U.S. Navy to accelerate its new LX(R) dock landing ship program to fiscal 2018 from 2020 to...

Read more
Posted by at No comments:

RPT-Qube, Brookfield raising A$1 bln loan for Asciano's ports -sources

SYDNEY, March 29 (Reuters) - Australia's Qube Holdings Ltd and Canada's Brookfield Asset Management Inc are raising a A$1 billion ($753 million) loan to help pay for the ports business of Asciano...

Read more
Posted by at No comments:

BRIEF-Canadian Pacific files definitive proxy statement regarding shareholder proposal for NS annual meeting

* Cp files definitive proxy statement regarding shareholder proposal for ns annual meeting, welcomes opportunity to meet with ns board

Read more
Posted by at No comments:

Deere acquires stake in U.S. leader in high-clearance sprayers

March 29 (Reuters) - Deere & Co said on Tuesday it has acquired a majority stake in Hagie Manufacturing, allowing the farm and construction machinery manufacturer to enter the high-clearance sprayer...

Read more
Posted by at No comments:

Chinese group to buy control of fashion labels Sandro, Maje-sources

PARIS, March 29 (Reuters) - Chinese textile group Shandong Ruyi is about to buy control of SMCP, the French company behind the fashion brands Sandro, Maje and Claudie Pierlot, for 1.3 billion euros...

Read more
Posted by at No comments:

BRIEF-Tinder acquires Humin

* Tinder announces acquisition of Humin, a contextual relationship and contact management platform

Read more
Posted by at No comments:

BRIEF-Deere enters JV with Hagie Manufacturing

* Equipment made by joint venture will continue to carry Hagie brand

Read more
Posted by at No comments:

MOVES-UBS hires asset management banker Hershberger from Credit Suisse

March 29 (Reuters) - UBS Group AG has named Joseph Hershberger a vice chairman in its financial institutions group, where he will focus on global asset management efforts, according to a memo seen by...

Read more
Posted by at No comments:

BRIEF-Guidewire Software says total consideration to by Eagleeye Analytics is expected to be about $42 mln in cash

* Total consideration to acquire Eagleeye Analytics, Inc is expected to be approximately $42.0 million in cash - sec filing Source text : http://1.usa.gov/1VRs3ix Further company coverage: (Bengaluru...

Read more
Posted by at 1 comment:

BRIEF-Guidewire Software acquires Eagleeye Analytics

* Does not expect this transaction to have a material impact on revenue or NON-GAAP profitability in Q3 or full year fiscal 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom:...

Read more
Posted by at No comments:

BRIEF-CTC Media provides update on anticipated timing of cash out merger

* Board finalizing preparations for merger, awaiting receipt of a tax refund, which will form part of consideration to stockholders

Read more
Posted by at No comments:

BRIEF-Communications Sales & Leasing to acquire wireless towers

* Communications Sales & Leasing Inc to acquire wireless towers

Read more
Posted by at No comments:

BRIEF-Adamis pharmaceuticals to acquire US Compounding

* Adamis pharmaceuticals announces agreement to acquire us compounding

Read more
Posted by at No comments:

BRIEF-Amaya CEO David Baazov to take voluntary leave of absence

* Amaya Chairman and CEO, David Baazov, to take voluntary leave of absence; Dave Gadhia appointed interim chairman; Rafi Ashkenazi appointed interim CEO

Read more
Posted by at No comments:

Qube, Brookfield raising A$1 bln loan for Asciano's ports -sources

SYDNEY, March 29 (Reuters) - Australia's Qube Holdings Ltd and Canada's Brookfield Asset Management Inc are raising a A$1 billion ($753 million) loan to help pay for the ports business of Asciano...

Read more
Posted by at No comments:

UPDATE 1-UK Stocks-Factors to watch on March 29

March 29 (Reuters) - Britain's FTSE 100 index is expected to open higher on Tuesday, after a long Easter holiday weekend, with futures up 0.41 percent ahead of the cash market open, according to...

Read more
Posted by at No comments:

UK Stocks-Factors to watch on March 29

March 29 (Reuters) - Britain's FTSE 100 index is expected to open higher on Tuesday, after a long Easter holiday weekend, according to financial bookmakers. For more on the factors affecting European...

Read more
Posted by at No comments:

BRIEF-CareDx extends acceptance period for offer to Allenex shareholders

* Says extends acceptance period for its recommended offer to all shareholders in Allenex to April 5 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Read more
Posted by at No comments:

Monday, March 28, 2016

Yahoo sets April 11 deadline for preliminary bids -WSJ

March 28 (Reuters) - Yahoo Inc has set an April 11 deadline to submit preliminary bids for its web business and Asian assets, The Wall Street Journal reported on Monday, citing sources.

Read more
Posted by at No comments:

PRESS DIGEST - Wall Street Journal - March 29

March 29 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

BRIEF-I Squared Capital to buy Viridian Group Ltd for 1 billion Euros- FT

* I Squared Capital will announce Viridian Group deal on Tuesday- FT

Read more
Posted by at No comments:

UPDATE 1-Sears CEO Lampert buys some of company's debt -sources

March 28 (Reuters) - Sears Holdings Corp Chief Executive Eddie Lampert has acquired a portion of the company's new $750 million loan in his latest bet on the parent of Sears department stores and...

Read more
Posted by at No comments:

UPDATE 1-Virgin America receives takeover offers -source

March 28 (Reuters) - Virgin America Inc has received takeover bids from JetBlue Airways Corp and Alaska Air Group Inc as the U.S. budget airline backed by British billionaire Richard Branson explores...

Read more
Posted by at No comments:

UPDATE 1-Buffett boosts Berkshire's Wells Fargo stake to 10 pct

March 28 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its ownership stake in Wells Fargo & Co to 10 percent, a level that could mean increased federal scrutiny...

Read more
Posted by at No comments:

CORRECTED-Virgin America receives takeover offers -source

March 28 (Reuters) - U.S. budget airline carrier Virgin America Inc has received acquisition interest from several companies, including JetBlue Airways Corp and Alaska Air Group Inc, a person...

Read more
Posted by at No comments:

BRIEF-Valero Energy Partners to buy McKee Terminal Services Business for $240 mln

* Valero Energy Partners Lp announces acquisition of Mckee Terminal Services business for $240 million

Read more
Posted by at No comments:

BRIEF-Electrum Strategic says subscribed for 14 mln units of Wellgreen Platinum

March 28 (Reuters) - Electrum Strategic Opportunities Fund L.P.

Read more
Posted by at No comments:

BRIEF-Quest Diagnostics announces pricing of cash tender offers for up to $200 mln

* Quest Diagnostics announces pricing of cash tender offers for up to $200 million combined aggregate principal amount of certain of its outstanding notes

Read more
Posted by at No comments:

Sears CEO Lampert buys some of company's debt -sources

March 28 (Reuters) - Eddie Lampert, the chief executive officer of Sears Holdings Corp, has acquired a portion of the company's new $750 million loan, his latest bet on the parent of Sears department...

Read more
Posted by at No comments:

BRIEF-Plaza hotel auction canceled after lenders grant an extension- Bloomberg, citing source

* Plaza hotel auction canceled after lenders grant an extension- Bloomberg, citing source

Read more
Posted by at No comments:

Ruling withdrawn in closely watched Tribune Co clawback case

March 28 (Reuters) - A U.S. appeals court withdrew an opinion on Monday that it said was filed in error four days earlier in a closely watched case stemming from the 2008 bankruptcy of the media...

Read more
Posted by at No comments:

BRIEF-Yahoo sale process in middle of first round, first round bids not in yet - CNBC

* Yahoo sale process in middle of first round, first round bids not in yet; interest is high - CNBC citing source Further company coverage: (Reporting By Aurindom Mukherjee)

Read more
Posted by at No comments:

UPDATE 2-China's Anbang raises offer for Starwood to $14 billion

March 28 (Reuters) - China's Anbang Insurance Group Co has raised its offer for Starwood Hotels & Resorts Worldwide Inc to almost $14 billion in its latest challenge to the U.S. hotel operator's...

Read more
Posted by at No comments:

BRIEF-U.S. court rules in favor of Shire over Allergan Lialda patent

* U.S. Court rules on patent litigation between shire and allergan

Read more
Posted by at No comments:

BRIEF-First Potomac Realty Trust sells northern Virginia portfolio

* First Potomac Realty Trust sells northern Virginia non-core portfolio

Read more
Posted by at No comments:

BRIEF-Fusion Telecommunications to acquire TFB

March 28 (Reuters) - Fusion Telecommunications International Inc

Read more
Posted by at No comments:

BRIEF-Adt announces end of "go shop" period

* Acquisition of ADT by funds managed by Apollo Global Management LLC is expected to be completed by June 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Read more
Posted by at No comments:

BRIEF-Southcross Holdings LP files prepackaged reorganization plan

* Southcross Holdings LP files prepackaged reorganization plan; Southcross Energy Partners, L.P. (nyse:sxe) not included

Read more
Posted by at No comments:

BRIEF-China Distance Education Holdings to acquire Xiamen NetinNet

March 28 (Reuters) - China Distance Education Holdings Ltd :

Read more
Posted by at No comments:

BRIEF-NTT data to buy Dell Services

* NTT data to acquire dell services, accelerating the company's position as a leading global it services partner

Read more
Posted by at No comments:

BRIEF-ASE acquires Siliconware's shares worth T$1.6 bln

* Says it acquired Siliconware shares worth T$1.6 billion ($49.09 million) at T$53.15 a share

Read more
Posted by at No comments:

UPDATE 1-Japan's NTT Data agrees to buy Dell's IT services unit for $3 bln

* Deal helps Dell trim debt, fund pending acquisition of EMC (Updates with NTT Data announcement)

Read more
Posted by at No comments:

BRIEF-Israel antitrust chief may oppose Cellcom-Golan deal

* Says antitrust chief considering opposing proposed purchase of Golan Telecom

Read more
Posted by at No comments:

Sunday, March 27, 2016

Dell nears sale of IT services unit to Japan's NTT Data -sources



Read more
Posted by at No comments:

PRESS DIGEST- Financial Times - March 28

March 28 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Zimmer Biomet shares could rise 25 pct - Barron's

March 27 (Reuters) - Shares of hip, knee and shoulder replacement maker Zimmer Biomet Holdings could rise 25 percent as the market sees signs that the company is recovering from merger indigestion,...

Read more
Posted by at No comments:

S.Korea set for record IPO year as conglomerates prepare to sell family silver

HONG KONG, March 28 (Reuters) - Riding a Seoul stocks revival, some of South Korea's biggest family firms are set to clean house this year with multi-billion dollar initial public offerings that will...

Read more
Posted by at No comments:

Saturday, March 26, 2016

Microsoft meets with private equity over Yahoo deal

Healdsburg, CALIFORNIA, March 26 (Reuters) - Microsoft Corp executives are in early talks with potential Yahoo Inc investors about contributing to financing to buy the troubled Internet company, a...

Read more
Posted by at No comments:

(EN) SteamBroker

false
Posted by at No comments:

BRIEF-Royal Financial says progressed on Park Bancorp acquisition and $26.8 mln sale of distressed and other assets

* Execution of a definitive agreement with a new york based asset management firm to sell $25.8 million of distressed assets

Read more
Posted by at No comments:

Friday, March 25, 2016

BRIEF-FP Resources USA says in exploratory talks with First Marblehead for possible buyout of co

March 25 (Reuters) - Fp Resources Usa Inc Says It Has Entered Into A Customary Nondisclosure And Standstill Agreement With First Marblehead Corp

Read more
Posted by at No comments:

BRIEF-Bonanza Creek Energy to reduce workforce; make senior management changes as part of corporate reorganization

* Says total workforce reduction of 26 employees and 17 contractors

Read more
Posted by at No comments:

BRIEF-Schlumberger NV says Cameron merger receives Chinese antitrust approval

* Schlumberger-Cameron merger receives chinese antitrust approval Source text for Eikon: Further company coverage: [CAM.N SLB.N] (Bengaluru Newsroom: +1-646-223-8780)

Read more
Posted by at No comments:

Sprout investors say Valeant prices 'female Viagra' too high - Bloomberg

March 25 (Reuters) - Investors in Sprout Pharmaceuticals, which makes the first drug to treat low sexual desire in women and was bought by Valeant Pharmaceuticals International Inc last year, say the...

Read more
Posted by at No comments:

BRIEF-Leapfrog Enterprises updates on buyout proposal from L&M Acquisitions

* Co had received proposal from l&m acquisitions inc to acquire all outstanding shares of co through tender offer, second-step merger for $1.10 per share in cash

Read more
Posted by at No comments:

Exxon Mobil in talks to buy into Eni's giant Mozambique gas field -sources

MILAN/LONDON, March 25 (Reuters) - Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni's giant Area 4 gas field in Mozambique, two sources familiar with the matter...

Read more
Posted by at No comments:

Yokohama Rubber to buy Alliance Tire Group for about $1.2 bln

TOKYO, March 25 (Reuters) - Yokohama Rubber Co Ltd said on Friday it had agreed to buy Alliance Tire Group B.V. from private equity firm KKR & Co LP and others for about $1.2 billion in a bid to...

Read more
Posted by at No comments:

CORRECTED-Yokohama Rubber to announce acquisition of overseas tyre maker at 0600 GMT

TOKYO, March 25 (Reuters) - Japan's Yokohama Rubber Co said it would announce the acquisition of an overseas tyre maker at 3 p.m. (0600 GMT) on Friday.

Read more
Posted by at No comments:

Thursday, March 24, 2016

UPDATE 1-Microsoft told potential Yahoo bidders it might back bids -report

March 24 (Reuters) - Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer "significant financing" for their...

Read more
Posted by at No comments:

PRESS DIGEST- Financial Times - March 25

March 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Microsoft has told potential Yahoo bidders it might back bids - Recode

March 24 (Reuters) - Microsoft Corp executives have held meetings with equity firms that are considering bids for Yahoo Inc and told them that Microsoft might be willing to offer "significant...

Read more
Posted by at No comments:

U.S. senators call for review of ChemChina deal for Syngenta

CHICAGO, March 24 (Reuters) - The U.S. government panel that reviews foreign acquisitions should assess the impact on domestic food security from state-owned China National Chemical Corp's planned...

Read more
Posted by at No comments:

BRIEF-Microsoft tells possible Yahoo buyers it would consider backing bids with big bucks - Recode

* Microsoft Has Made No Commitments So Far To Any Investors Regarding Yahoo And Any Discussions Now Are Exploratory -Recode

Read more
Posted by at No comments:

BRIEF-Golden Bridge Development signs definitive agreement and calls shareholders' meeting

* To buy 10 million class a units of cim mackenzie creek ltd partnership in exchange for co's 40 million shares at $0.25/share

Read more
Posted by at No comments:

BRIEF-Exxon Mobil in talks to buy stake in big Mozambique gas project from Eni SpA - WSJ

* terms of the deal aren't clear, but Exxon is in talks to buy a stake of around 20 pct from Eni, which owns 50 pct of the development - WSJ

Read more
Posted by at No comments:

BRIEF-Meridian Bioscience says bought Magellan Diagnostics for $66 mln

* Meridian expects Magellan to be accretive to earnings per share during second half of calendar 2017

Read more
Posted by at No comments:

Second Premier Foods shareholder urges talks with McCormick

LONDON, March 24 (Reuters) - Paulson & Co, a top ten shareholder in Premier Foods, urged the company's board to engage in takeover discussions with McCormick, becoming the second sizeable shareholder...

Read more
Posted by at No comments:

Playboy magazine publisher exploring sale - source

March 24 (Reuters) - Playboy Enterprises, the owner of Playboy magazine, is exploring a sale, a source familiar with the matter told Reuters, in a move that comes after the storied magazine stopped...

Read more
Posted by at No comments:

BRIEF-Paulson & Co says believes Premier Foods should fully engage with McCormick

* On behalf of funds managed by paulson & co. inc., we own 63.4 million shares in Premier Foods Plc, more than 7 percent of shares outstanding.

Read more
Posted by at No comments:

BRIEF-TLA Worldwide says Atlantic Alliance Partnership Corp makes possible offer for co

* Boards of Atlantic Alliance Partnership Corp and co announce reached agreement on key terms of a possible offer for TLA

Read more
Posted by at No comments:

UPDATE 3-McCormick weighs response after target Premier ties up with Nissin

* McCormick says could lift price after limited due diligence

Read more
Posted by at No comments:

UPDATE 2-Ukraine's parliament speaker frontrunner to replace PM Yatseniuk

* Says wants ex Slovak finance minister in the government (Adds quotes, details, background throughout)

Read more
Posted by at No comments:

CORRECTED-High-yield primary starts to heal,but still early days

NEW YORK, March 11 (IFR) - A dramatic tightening in US high-yield bond spreads opened the primary for a few well-known issuers this week - but market players are not expecting the issuance floodgates...

Read more
Posted by at No comments:

Court bars Tribune Co creditors from unwinding 2007 buyout

WILMINGTON, Del, March 24 (Reuters) - A U.S. Appeals Court has ruled that creditors of the Tribune Co cannot claw back the $8 billion paid to the multimedia company's public shareholders nearly a...

Read more
Posted by at No comments:

UPDATE 2-TiVo in talks to be bought by Rovi- NYT

March 24 (Reuters) - Set-top box maker TiVo is in advanced talks to sell itself to digital entertainment guide provider Rovi Corp, the New York Times reported on Thursday, citing people briefed on...

Read more
Posted by at No comments:

Surge in fund inflows drives junk bond issuance

NEW YORK, March 24 (IFR) - The US high-yield bond market has just closed out its busiest week for supply so far this year, as issuers took advantage of cash pouring back into the asset class to...

Read more
Posted by at No comments:

BRIEF-Premier Foods reiterates view that McCormick approach undervalues co

* Reiterates view that non-binding and highly conditional proposal from McCormick significantly undervalues co

Read more
Posted by at No comments:

US high-grade Q1 volumes near new record

NEW YORK, March 24 (IFR) - US high-grade issuance volumes are close to a new record for the quarter - after surviving a surge in volatility, geopolitical risks and weakness in oil prices early in the...

Read more
Posted by at No comments:

BRIEF-Centene Corp increased size of board to 10 directors

* Appointment of Vicki Escarra, a director of Health Net to board Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Read more
Posted by at No comments:

Major Premier Foods shareholder slams board over handling of bids

LONDON, March 24 (Reuters) - Standard Life Investments on Thursday criticised the board of Premier Foods over its handling of takeover bids from U.S. rival McCormick & Co. and the purchase of a stake...

Read more
Posted by at No comments:

Nissin agrees to take stake in Premier Foods

LONDON, March 24 (Reuters) - Japanese instant noodle maker Nissin Foods has agreed to buy a 17.27 percent stake in Premier Foods from an existing shareholder, the British company said on...

Read more
Posted by at No comments:

UPDATE 5-Yum in talks with KKR, Hopu, to sell stake in China unit-sources

* Western fast food companies battling slowing China sales (Adds analyst comment, context, Temasek declining to comment)

Read more
Posted by at No comments:

Wednesday, March 23, 2016

Hopu, KKR among investors in talks to buy stake in Yum's China unit -sources

SINGAPORE/HONG KONG, March 24 (Reuters) - Private equity firm Hopu Investments is among the investors that Yum Brands Inc is in talks to sell a minority stake in its China unit to, sources familiar...

Read more
Posted by at No comments:

Mexican bottler Arca boosts stake in Peru's Lindley

MEXICO CITY, March 23 (Reuters) - Arca Continental, Latin America's No. 2 Coke bottler, on Wednesday said it had further increased its stake in Peru's Corporacion Lindley, lifting its holding of...

Read more
Posted by at No comments:

BRIEF-Village farms announces adoption of shareholder rights plan

* Village farms announces adoption of shareholder rights plan

Read more
Posted by at No comments:

BRIEF-Affymetrix affymetrix to engage in discussions with Origin Technologies

* Affymetrix to engage in discussions with origin technologies

Read more
Posted by at No comments:

UPDATE 3-Pepco, Exelon close deal after getting final approval

WASHINGTON, March 23 (Reuters) - Exelon Corp closed its $6.8 billion merger with Pepco Holdings Inc on Wednesday, shortly after receiving the final regulatory approval to create the largest U.S....

Read more
Posted by at No comments:

BRIEF-PRD Energy provides update on strategic alternatives

* Special committee will continue to work with financial advisor to evaluate other strategic alternatives available to PRD

Read more
Posted by at No comments:

CORRECTED-UPDATE 1-Sun Life eyes more Asia expansion after Indonesian deal

TORONTO, March 23 (Reuters) - Sun Life Financial Inc expects to make further acquisitions in Asia, the Canadian insurer said, after agreeing on Wednesday to take full control of its Indonesian...

Read more
Posted by at No comments:

Exelon and Pepco close merger -statement

WASHINGTON, March 23 (Reuters) - Power company Exelon Corp closed its merger with Pepco Holdings Inc on Wednesday, shortly after the Washington D.C. Public Service Commission approved the...

Read more
Posted by at No comments:

BRIEF-Microsemi to divest business to Mercury Systems

* Board of directors has approved transaction, which remains subject to regulatory approvals

Read more
Posted by at No comments:

UPDATE 2-ADM sues Canadian Pacific over 2013-14 rail service disruptions

CHICAGO, March 23 (Reuters) - Archer Daniels Midland Co has filed a lawsuit against Canadian Pacific over service disruptions in 2013 and 2014 at crop-processing plants in North Dakota and Minnesota,...

Read more
Posted by at No comments:

UPDATE 1-Energy Transfer paints grim picture of Williams deal

NEW YORK, March 23 (Reuters) - Energy Transfer Equity (ETE) slashed expectations for its more than $14 billion takeover of rival pipeline company Williams Cos Inc on Wednesday, saying cost savings...

Read more
Posted by at No comments:

BRIEF-CalPERS to purchase stake in California solar power generation Co

March 23 (Reuters) - The California Public Employees' Retirement System

Read more
Posted by at No comments:

FCC not expected to act this week on Charter-Time Warner merger -sources

March 23 (Reuters) - The U.S. Federal Communications Commission is not expected to act this week on Charter Communications Inc's planned acquisition of Time Warner Cable Inc, sources briefed on the...

Read more
Posted by at No comments:

UPDATE 3-Yum in talks with KKR, others to sell stake in China unit-WSJ

* Possible sale of a nearly 20 pct stake in its China business

Read more
Posted by at No comments:

EU mergers and takeovers (March 23)

BRUSSELS, March 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Read more
Posted by at No comments:

BRIEF-Lara signs option to acquire Serrita Gold Project iN Brazil

* Has signed an option to acquire Serrita Gold Project in Pernambuco State, northeast Brazil

Read more
Posted by at No comments:

BRIEF-Seymour Schulich acquires 14.7% of Pengrowth Energy Corporation

* Seymour Schulich acquires 14.7% of Pengrowth Energy Corporation Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

BRIEF-KeyCorp and First Niagara Financial Group announce shareholder approval of merger

* KeyCorp and First Niagara Financial Group announce shareholder approval of merger

Read more
Posted by at No comments:

BRIEF-Duke Energy Renewables acquires 20-MW longboat solar project

* Duke Energy Renewables acquires 20-MW longboat solar project in California from EDF Renewable Energy

Read more
Posted by at No comments:

BRIEF-Skeena Resources Ltd secures option to acquire Snip Property from Barrick Gold

* Skeena secures option to acquire Snip Property from Barrick

Read more
Posted by at No comments:

Affymetrix says raised Origin offer could lead to superior proposal

March 23 (Reuters) - Gene testing provider Affymetrix Inc , which has agreed to be bought by Thermo Fisher Scientific Inc, said on Wednesday that a sweetened bid from a group of former executives...

Read more
Posted by at No comments:

BRIEF-Genstar capital says agreement to sell Netsmart Technologies to GI Partners

* Signing of a definitive agreement to sell netsmart technologies, inc to gi partners

Read more
Posted by at No comments:

BRIEF-Allscripts announces joint venture with GI Partners

* Announces joint venture: the largest technology company focused exclusively on human services and post-acute care

Read more
Posted by at No comments:

BRIEF-Bristol-Myers Squibb to acquire Padlock Therapeutics Inc

* Myers Squibb Co - will acquire all of outstanding capital stock of Padlock, a private, Cambridge, Massachusetts-based biotechnology company

Read more
Posted by at No comments:

BRIEF-Ikang Healthcare Group to acquire Guizhou Wishstar Medical Center

* Ikang announces acquisition of Guizhou Wishstar Medical Center

Read more
Posted by at No comments:

Statoil Fuels and Retails wins EU okay for Shell deal

BRUSSELS, March 23 (Reuters) - Statoil Fuel and Retail gained European Union antitrust approval on Wednesday for its acquisition of Shell's Danish retail and wholesale fuels business after agreeing...

Read more
Posted by at No comments:

BRIEF-Sun Life Financial to acquire remaining 51 pct of CIMB Sun Life in Indonesia

* Sun Life Financial to acquire remaining 51 pct of CIMB Sun Life in Indonesia

Read more
Posted by at No comments:

Premier Foods rejects revised buyout offer from McCormick & Co

March 23 (Reuters) - Britain's Premier Foods rejected a revised offer from flavour and seasoning products maker McCormick & Co, saying the latest offer undervalued the company.

Read more
Posted by at No comments:

Poland may raise stake in copper miner KGHM- report

WARSAW, March 23 (Reuters) - Poland may consider increasing its stake in copper producer KGHM to around 40 percent from the current 31.8 percent if it has the funds, the country's treasury minister...

Read more
Posted by at No comments:

Enel to invest around 2.5 bln euros in broadband rollout

MILAN, March 23 (Reuters) - Italian utility Enel said on Wednesday it would invest around 2.5 billion euros ($2.8 billion) over time in its plans to help develop a national fibre-optic broadband...

Read more
Posted by at No comments:

Tuesday, March 22, 2016

UPDATE 1-Alibaba-backed courier YTO Express to list via $2.7 bln reverse merger

* YTO posted net profit of 717 mln yuan in 2015 (Recasts, adds analyst comments, context)

Read more
Posted by at No comments:

BRIEF-Crossroads announces sale of products business and plan to sell non-'972 patent portfolio

* Sale of product business and related assets to canadian-based strongbox data solutions for proceeds of $1.85 mln in cash

Read more
Posted by at No comments:

PRESS DIGEST - Wall Street Journal - March 23

March 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

UPDATE 1-Activist investors want new United Airlines chairman before shareholder vote

March 22 (Reuters) - The two hedge funds that have launched a boardroom fight with United Continental Holdings Inc on Tuesday called on the airline to immediately appoint one of its two new board...

Read more
Posted by at No comments:

UPDATE 1-Origin Technologies raises offer for Affymetrix to $17/shr

March 22 (Reuters) - Origin Technologies Corp Llc, owned by a group of former Affymetrix Inc executives, sweetened its all cash offer to acquire the gene testing provider on Tuesday, after it was...

Read more
Posted by at No comments:

Amazon exec weighs in on proposed Staples-Office Depot merger

WASHINGTON, March 22 (Reuters) - An executive with Amazon.com Inc's unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator's wariness over a...

Read more
Posted by at No comments:

BRIEF-Centurylink agrees to sell $1 bln of debt securities

* Agreed to sell $1 billion of newly-issued unsecured eight-year senior notes

Read more
Posted by at No comments:

Air Methods reaches settlement with activist investor Voce

March 22 (Reuters) - Air Methods Corporation, a U.S. medical helicopter company, has reached a settlement with activist investor Voce Capital Management, averting a proxy contest.

Read more
Posted by at No comments:

BRIEF-Sun Communities to buy Carefree Communities for $1.68 bln

* At closing of deal , company will assume approximately $1.0 billion of debt

Read more
Posted by at No comments:

UPDATE 1-Sun Communities to buy Carefree Communities for about $1.68 bln

March 22 (Reuters) - Real estate investment trust Sun Communities Inc said it would buy privately held Carefree Communities Inc for about $1.68 billion from an affiliate of private equity firm...

Read more
Posted by at No comments:

Enel's Latin American restructuring plan suffers legal setback

SANTIAGO, March 22 (Reuters) - Italian utility Enel's restructuring of its Latin American assets has suffered a legal setback in Chile after a local court partially upheld a claim against it filed by...

Read more
Posted by at No comments:

Sun Communities to buy Carefree Communities for $1.68 bln

March 22 (Reuters) - Real estate investment trust Sun Communities Inc said it would buy privately held Carefree Communities Inc for about $1.68 billion from an affiliate of Centerbridge Capital...

Read more
Posted by at No comments:

BRIEF-Imagination Technologies says notes announcement from Apple

* Reiterates its confidence in Imagination's strategy Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

BRIEF-Centene and Health Net receive DMHC regulatory approval

* Expect to close deal shortly after receipt of approval from California Department Of Insurance Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

Read more
Posted by at No comments:

BRIEF-Security National Financial Corporation to acquire First Guaranty Insurance Company

* Says has entered into a stock purchase agreement to acquire First Guaranty Insurance Company

Read more
Posted by at No comments:

BRIEF-Newcastle Gold and Catalyst Copper announce merger

* Prior to completion of business combination, stock options and warrants of catalyst will be exercised such that catalyst will have not less than c$3.75 million cash amounts

Read more
Posted by at No comments:

BRIEF-Fieldex to buy 100 pct interest in high grade industrial minerals Teslo project in Quebec

* Fieldex to acquire ownership of 100 percent interest in the high grade industrial minerals teslo project in Quebec

Read more
Posted by at No comments:

BRIEF-Apple issues statement on discussions with Imagination

* Had some discussions with Imagination, but we do not plan to make an offer for company at this time.

Read more
Posted by at No comments:

J. Safra Sarasin to buy Credit Suisse units in Monaco, Gibraltar

ZURICH, March 22 (Reuters) - Private banking group J. Safra Sarasin said on Tuesday it had agreed to acquire Credit Suisse businesses in Monaco and Gibraltar.

Read more
Posted by at No comments:

MOVES-Credit Suisse sponsors co-head to join Goldman Sachs -sources

March 22 (Reuters) - Sarah-Marie Martin has resigned as co-head of Credit Suisse Group AG's Americas financial sponsors group, which focuses on private equity firms, to join Goldman Sachs Group Inc,...

Read more
Posted by at No comments:

Chinese clothing firm Dalian Dayang to buy courier YTO Express for $2.7 bln

SINGAPORE, March 22 (Reuters) - Chinese clothing maker Dalian Dayang Trands Co Ltd has agreed to buy Alibaba-backed courier company YTO Express for 17.5 billion yuan ($2.7 billion).

Read more
Posted by at No comments:

BRIEF-Diebold holds 48.4 percent of Wincor Nixdorf ahead of midnight deadline

* Says 48.4 percent of Wincor Nixdorf shares have been tendered ahead of midnight deadline

Read more
Posted by at No comments:

Italy's bank troubles test ECB's mettle

MILAN, March 22 (Reuters) - The European Central Bank is trying to strongarm Italian banks into cleaning up their balance sheets, a year and a half after they fared the worst of all euro zone lenders...

Read more
Posted by at No comments:

China regulator would reject Anbang's Starwood deal -Caixin

BEIJING, March 22 (Reuters) - China's insurance regulator would likely reject a bid by Anbang Insurance Group to buy Starwood Hotels and Resorts Worldwide Inc since it would put the insurer's...

Read more
Posted by at No comments:

BRIEF-Cowen to acquire businesses from CRT capital

* Says the transaction for cowen is expected to be mildly accretive to book value

Read more
Posted by at No comments:

BRIEF-Boeing, Pegasus Airlines announce order for five next-generation 737-800s

* Deal valued at approximately $505 million based on expected list prices at delivery

Read more
Posted by at No comments:

PRESS DIGEST - Wall Street Journal - March 22

March 22 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

BRIEF-Micro Focus buys Serena Software for $540 mln

* Transaction is being funded through existing cash resources together with additional debt and equity finance

Read more
Posted by at No comments:

Monday, March 21, 2016

UPDATE 3-Petrobras posts record loss as oil price slump forces writedowns

NEW YORK/RIO DE JANEIRO, March 21 (Reuters) - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other...

Read more
Posted by at No comments:

BRIEF-Ennis acquires assets of major business systems

* One of its wholly owned units closed on agreement to acquire assets of major business systems in hillsborough, north carolina

Read more
Posted by at No comments:

BRIEF-Jet Gold to buy 30 pct of Haib Copper Deposit in Namibia

* Jet Gold enters into agreement to acquire 30 percent of HAIB Copper Deposit in Namibia through an interest in Haib Minerals

Read more
Posted by at No comments:

BRIEF-Petrobras says it will delay opening Comperj refinery

* company reorganization will be discussed and approved at a March 30 board meeting

Read more
Posted by at No comments:

UPDATE 1-Diebold CEO says confident will gain enough support for Wincor takeover

FRANKFURT, March 21 (Reuters) - U.S. ATM maker Diebold is optimistic it will gain the required level of support for its planned $1.8 billion takeover of German rival Wincor Nixdorf, its CEO told...

Read more
Posted by at No comments:

BRIEF-ACCO Brands to acquire remaining 50 pct of its Australian JV Pelikan Artline

* Estimated full-year incremental sales contribution to acco brands would be approximately us$112 million

Read more
Posted by at No comments:

Staples' merger with Office Depot hangs in balance at court hearing

WASHINGTON, March 21 (Reuters) - The fate of Staples Inc's planned merger with Office Depot Inc, which U.S. antitrust regulators have sued to stop, depends in part on whether a district court judge...

Read more
Posted by at No comments:

BRIEF-Fairmont signs agreement to acquire stone producer Granitos de Badajoz

* Plans to finance acquisition of grabasa assets through debt and equity financing

Read more
Posted by at No comments:

UPDATE 1-Louis Dreyfus profits fall, seeks partners

* China's destocking, overseas acquisitions key trends (Updates with partnership plans, details on results)

Read more
Posted by at No comments:

UPDATE 1-Fed approves Goldman acquisition of GE Capital's U.S. online deposits

March 21 (Reuters) - Goldman Sachs Group Inc received permission on Monday to complete its $17 billion acquisition of GE Capital Bank's U.S. online deposits.

Read more
Posted by at No comments:

UPDATE 1-Halliburton-Baker Hughes deal faces delay again, EU wants more info

March 21 (Reuters) - Oilfield services provider Halliburton Co's plan to acquire smaller rival Baker Hughes faces more delay after European Union antitrust regulators halted their investigation into...

Read more
Posted by at No comments:

UPDATE 4-IHS to buy data provider Markit, combined company to base in UK

* Deal implies value of $31.13 per Markit share, premium 5.6 pct (Adds executive comment; updates shares)

Read more
Posted by at No comments:

UPDATE 3-Sheraton-owner Starwood accepts higher offer from Marriott

* Starwood shares up 4 pct, Marriott down 1.2 pct (Adds quotes from analysts; updates shares)

Read more
Posted by at No comments:

BRIEF-Marriott expects Starwood deal to be "slightly dilutive" in 2016 - Conf call

* Expect $250 million synergies from Starwood deal to be realized by 2018, if not before - Conf call

Read more
Posted by at No comments:

Louis Dreyfus CEO confirms plan to ring-fence some activities

PARIS, March 21 (Reuters) - Global trading group Louis Dreyfus Company plans to ring-fence its fertiliser, juice, dairy and metals activities to consider expanding through partnerships, with the...

Read more
Posted by at No comments:

Brazil's Braskem contracts to buy ethane from Enterprise Products

BRASILIA, March 21 (Reuters) - Brazilian petrochemical company Braskem SA signed a 10-year contract with U.S.-based Enterprise Products Partners LP for the supply of ethane imported from the United...

Read more
Posted by at No comments:

BRIEF-Marriott International and Starwood to adjourn respective stockholder meeting for deal until April 8

* Co,Starwood agreed to convene stockholder meeting for deal on march 28;to immediately adjourn such meeting until april 8 Source text - http://1.usa.gov/25ff4vd Further company coverage: (Bengaluru...

Read more
Posted by at No comments:

UPDATE 2-WL Ross to buy chemicals distributor Nexeo from TPG

* Deal for $1.3 bln in cash and debt; up to 35 mln WL Ross shares

Read more
Posted by at No comments:

Deals of the day- Mergers and acquisitions

March 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1045 GMT on Monday:

Read more
Posted by at No comments:

PRESS DIGEST- Canada-March 21

March 21 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Vivendi eyeing Mediaset contents deal not group -Berlusconi to radio

MILAN, March 21 (Reuters) - Vivendi is interested to collaborate with Mediaset on content, but the French media group is not after the Italian broadcaster, former prime minister Silvio Berlusconi,...

Read more
Posted by at No comments:

REFILE-Commodities tycoon Margarita Louis-Dreyfus gives birth to twins

PARIS, March 21 (Reuters) - Margarita Louis-Dreyfus, majority owner and chairwoman of global trading house Louis Dreyfus Commodities , has given birth to twin girls, the company said on Monday.

Read more
Posted by at No comments:

PRESS DIGEST - Wall Street Journal - March 21

March 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

UK's Synthomer to buy US adhesives & coatings firm for $226 mln

March 21 (Reuters) - Chemicals maker Synthomer Plc said it would buy U.S.-based HEXION Performance Adhesives & Coatings for $226 million, to grow its presence in the United States and Asia.

Read more
Posted by at No comments:

Sunday, March 20, 2016

Wilbur Ross to buy Nexeo from TPG for $1.6 bln -source

March 20 (Reuters) - Billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings LLC, a distributor of plastic resins and chemicals, for roughly $1.6 billion, including debt,...

Read more
Posted by at No comments:

Affymetrix rejects rival bid, supports Thermo Fisher merger

March 20 (Reuters) - U.S. gene-testing company Affymetrix Inc's board on Sunday rejected a $1.5 billion bid by Origin Technologies Corp, saying it stood by a $1.3 billion merger deal with Thermo...

Read more
Posted by at No comments:

BRIEF-WL Ross Holding to buy TPG-owned Nexeo Solutions for about $1.6 bln- WSJ

* Wl Ross Holding to buy TPG-owned Nexeo Solutions for about $1.6 billion - WSJ, citing sources Source text for Eikon: (http://on.wsj.com/22raoUh) Further company coverage:

Read more
Posted by at No comments:

Freedom says it picks Digital First bid for California papers

March 20 - Freedom Communications Inc, the bankrupt publisher of two California newspapers, said it would accept a $51.8 million takeover bid from Digital First Media instead of a higher offer from...

Read more
Posted by at No comments:

Canada's Bankers Petroleum agrees to takeover by Chinese firm

TORONTO, March 20 (Reuters) - Canada's Bankers Petroleum Ltd , one of Albania's largest foreign investors, said on Sunday it has agreed to be acquired by affiliates of China's Geo-Jade Petroleum Corp...

Read more
Posted by at No comments:

Sherwin-Williams paint company to acquire Valspar for $11.3 billion



Read more
Posted by at No comments:

UPDATE 1-Sherwin-Williams paint company to acquire Valspar for $11.3 billion

March 20 (Reuters) - The Sherwin-Williams Co, a U.S. paint company, said on Sunday it agreed to acquire Valspar Corp for about $11.3 billion, or $113 per share, in an all-cash transaction.

Read more
Posted by at No comments:

Saturday, March 19, 2016

Tajikistan says in talks on plane purchases with Airbus

DUSHANBE, March 19 (Reuters) - Tajikistan has discussed potential plane purchases with Airbus, its government said on Saturday.

Read more
Posted by at No comments:

UPDATE 1-Telecom Italia CEO Patuano quits as Vivendi tightens grip - sources

MILAN, March 19 (Reuters) - Telecom Italia's chief executive Marco Patuano has handed in his resignation following weeks of speculation over his future, three sources close to the matter said on...

Read more
Posted by at No comments:

BRIEF-Sixth Energy Ltd announces acquisition of securities of Caspian Energy Inc

* The Sixth Energy Ltd announces the acquisition of securities of Caspian Energy Inc.

Read more
Posted by at No comments:

Friday, March 18, 2016

BRIEF-Silver Range names Michael Power as CEO; to acquire gold projects from Panarc

* Silver range to acquire gold projects and change exploration focus

Read more
Posted by at No comments:

Amazon takes nearly 10 pct stake in Air Transport Services Group

March 18 (Reuters) - Amazon.com Inc has taken a 9.99 percent stake in Air Transport Services Group Inc, the company from which it will be leasing freighter aircraft.

Read more
Posted by at No comments:

UPDATE 2-Dish to request arbitration in NBCUniversal distribution talks

LOS ANGELES, March 18 (Reuters) - Satellite TV provider Dish Network Corp said on Friday it would request arbitration to determine the terms of a renewed distribution agreement with Comcast Corp's...

Read more
Posted by at No comments:

BRIEF-Affymetrix -board recommends stockholders adoption of Thermo Fisher merger

* While board is reviewing unsolicited proposal, as of now board continues to recommend stockholders adoption of merger agreement with thermo fisher Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

BRIEF-County Bancorp says shareholders of Fox River Valley Bancorp approve merger

* Says shareholders of Fox River Valley Bancorp approved merger of Fox River with county Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

Saudi Arabia leaves shale-favoring plants to Shell in Motiva split

NEW YORK, March 17 (Reuters) - Royal Dutch Shell Plc plans to maintain control of two refineries that can run more domestic crude, leaving a plant that runs massive volumes of Saudi Arabian oil to...

Read more
Posted by at No comments:

UPDATE 1-KKR to buy Airbus defence electronics unit for $1.2 bln

PARIS, March 18 (Reuters) - Private equity firm KKR has agreed to buy Airbus Group's defence electronics business for 1.1 billion euros ($1.2 billion), the European aerospace group said on Friday.

Read more
Posted by at No comments:

UPDATE 6-Starwood gets $13 bln bid from Anbang, tops Marriott offer

March 18 (Reuters) - Starwood Hotels & Resorts Worldwide Inc on Friday said a $13 billion cash offer from China's Anbang Insurance Group Co was superior to one from Marriott International Inc,...

Read more
Posted by at No comments:

BRIEF-Orchestra Premaman signs confidentiality agreement with Destination Maternity Corporation

* Signs confidentiality agreement with Destination Maternity Corporation

Read more
Posted by at No comments:

BRIEF-Edenbrook Capital reports 5.2 pct stake in Frequency Electronics

March 18 (Reuters) - Edenbrook Capital Llc Reports 5.2 Pct Stake In Frequency Electronics Inc

Read more
Posted by at No comments:

UPDATE 1-Siemens-Gamesa merger puts French offshore wind deal at risk

* State could cancel contracts if no French jobs (Adds sources comments)

Read more
Posted by at No comments:

UPDATE 5-Starwood gets higher $13 bln bid from Anbang, tops Marriott offer

March 18 (Reuters) - Starwood Hotels & Resorts Worldwide Inc on Friday said a $13 billion cash offer from China's Anbang Insurance Group Co was superior to one from Marriott International Inc,...

Read more
Posted by at No comments:

Mexican construction firm ICA pays debt with OMA shares

MEXICO CITY, March 18 (Reuters) - Mexican construction company ICA said on Friday that it had paid a debt of 600 million Mexican pesos ($35 million) to financial firm Arrendadora Value with shares of...

Read more
Posted by at No comments:

UPDATE 2-German court clears former Porsche CEO over VW bid

* Ruling makes Porsche SE optimistic on civil suits (Adds comments by Wiedeking, Porsche SE statement, further details, context)

Read more
Posted by at No comments:

UPDATE 3-Sheraton owner Starwood set to accept offer from China's Anbang

March 18 (Reuters) - Starwood Hotels & Resorts Inc, the operator of Sheraton and Westin hotels, said on Friday it planned to accept a raised buyout offer from a group led by China's Anbang Insurance...

Read more
Posted by at No comments:

Tableware maker WMF draws strategic, investor interest -sources

FRANKFURT, March 18 (Reuters) - Buyout firm KKR has started the sale of coffee machine maker WMF in a potential 1.5 billion euro ($1.70 billion) deal, attracting interest from several household...

Read more
Posted by at No comments:

BRIEF-Destination Maternity updates on potential deal between co and Orchestra-Premaman

* On march 15, Destination Maternity Corp entered into a confidentiality agreement with orchestra-premaman

Read more
Posted by at No comments:

Deals of the day- Mergers and acquisitions

March 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:

Read more
Posted by at No comments:

BRIEF-On Semiconductor extends tender offer to buy Fairchild Semiconductor

* Says extends tender offer to acquire Fairchild Semiconductor and provides update on regulatory approval process

Read more
Posted by at No comments:

BRIEF-IBM acquires privately owned Optevia

* IBM acquires Optevia, expanding role as solutions provider for public sector clients

Read more
Posted by at No comments:

Japan's Orix plans $1 bln U.S. private equity deals -source

TOKYO, March 18 (Reuters) - Japanese financial services company Orix Corp plans to spend $1 billion over three-to-five years on acquisitions via a private equity firm it has set up in the United...

Read more
Posted by at No comments:

UPDATE 1-UK Stocks-Factors to watch on March 18

March 18 (Reuters) - Britain's FTSE 100 index is seen opening higher on Friday, with futures up 0.32 percent ahead of the cash market open. For more on the factors affecting European stocks, please...

Read more
Posted by at No comments:

BRIEF-Oddo & Cie announces closing of its squeeze-out and withdrawal of BHF Kleinwort Benson Group's shares

* Announces closing of its squeeze-out and the withdrawal of BHF Kleinwort Benson Group's Shares Further company coverage: (Gdynia Newsroom)

Read more
Posted by at No comments:

PRESS DIGEST- New York Times business news - March 18

March 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Spain's Abengoa seeks 7-month debt standstill to restructure

MADRID, March 18 (Reuters) - Spanish energy and engineering firm Abengoa SA said late on Thursday it will ask its creditors for seven months' breathing space through a debt standstill to execute a...

Read more
Posted by at No comments:

Thursday, March 17, 2016

UPDATE 1-Viacom receives interest for Paramount minority stake-WSJ

March 17 (Reuters) - Viacom Inc has received interest from three dozen companies for a minority stake in its Paramount Pictures studio, Chief Executive Philippe Dauman said in an interview with the...

Read more
Posted by at No comments:

UPDATE 1-Toshiba U.S. units probed, report says Westinghouse writedown possible

* Toshiba considering $1.8 bln writedown for Westinghouse -Asahi

Read more
Posted by at No comments:

DHL, UPS, Affinity and CVC eye S.Korean logistics firm-Korea Economic Daily

SEOUL, March 18 (Reuters) - Deutsche Post DHL Group and United Parcel Services Inc were among those that entered initial bids to buy South Korea's fourth-largest logistics company Logen Co Ltd, Korea...

Read more
Posted by at No comments:

Foodpanda buys Delivery.com's HK business, consolidating territories

FRANKFURT, March 18 (Reuters) - Online takeaway delivery firm Foodpanda is acquiring the Hong Kong assets of U.S.-based Delivery.com as it consolidates its position in key markets while shedding...

Read more
Posted by at No comments:

Toshiba says U.S. units under investigation over accounting issues

TOKYO, March 18 (Reuters) - Toshiba Corp said on Friday its U.S. units have received a request for information from U.S. authorities regarding accounting issues.

Read more
Posted by at No comments:

PRESS DIGEST- British Business - March 18

March 18 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Australian federal regulator to have oversight of state asset sales: Treasurer

SYDNEY, March 18 (Reuters) - Australia's federal Foreign Investment Review Board will be given oversight of the proposed sale by state governments of critical infrastructure assets to foreign firms,...

Read more
Posted by at No comments:

Viacom receives interest for Paramount minority stake - WSJ

March 17 (Reuters) - Viacom Inc has received interest from three dozen companies for a minority stake in its Paramount Pictures studio, Chief Executive Philippe Dauman said in an interview with the...

Read more
Posted by at No comments:

BRIEF-Carbylan Therapeutics engages Wedbush Pacgrow to advise on strategic alternatives

* Alternatives to be considered will include potential for an acquisition, merger, strategic partnership or other strategic transaction

Read more
Posted by at No comments:

BRIEF-Dupont forms joint integration management office team with Dow

* Says Dow and Dupont have formed joint integration management office team to run the integration process across two companies Source text: http://1.usa.gov/1Wultgd Further company coverage:

Read more
Posted by at No comments:

BRIEF-Transcanada to acquire Columbia Pipeline Group for $13 bln

* Transcanada to acquire Columbia Pipeline Group for US$13 billion

Read more
Posted by at No comments:

BRIEF-Transcanada announces $4.20 bln bought deal offering of subscription receipts

* Says underwriters to buy from transcanada and sell to public 92.0 million subscription receipts at a price of $45.75 per subscription receipt

Read more
Posted by at No comments:

MOVES-Fund manager Lampert leaves Tudor Investments

March 17 (Reuters) - One of Tudor Investment Corp's longest-serving employees, Spencer Lampert, has left the firm after nearly three decades, according to a source familiar with the company.

Read more
Posted by at No comments:

UPDATE 2-TransCanada to buy Columbia Pipeline Group for $10.2 bln

* Offer at 8.5 pct premium to Columbia Pipeline's Thursday close

Read more
Posted by at No comments:

CORRECTED-UPDATE 1-Blackstone nears deal to buy HP Enterprise stake in India's MphasiS - sources

MUMBAI, March 17 (Reuters) - Blackstone Group LP is nearing a deal to acquire Hewlett Packard Enterprise's (HPE) controlling stake worth about $940 million in Indian IT outsourcing services provider...

Read more
Posted by at No comments:

UPDATE 1-Aeropostale to explore strategic alternatives, including sale

March 17 (Reuters) - Aeropostale Inc said it was exploring strategic alternatives, including a sale, as the teen apparel retailer struggles to cope with rapidly changing consumer tastes and stiff...

Read more
Posted by at No comments:

UPDATE 2-Omron unit to plead guilty to bid rigging, pay U.S. fine -DOJ

March 17 (Reuters) - A unit of Japanese electronics company Omron Corp has agreed to plead guilty and pay $4.6 million for conspiring to rig bids on power window switches in Honda Civics sold in the...

Read more
Posted by at No comments:

BRIEF-Hunter douglas buys décor division from Newell Rubbermaid for $270 mln

* Hunter douglas acquires décor division from newell rubbermaid

Read more
Posted by at No comments:

Alphabet puts robot-maker Boston Dynamics up for sale-Bloomberg

March 17 (Reuters) - Alphabet Inc has put Boston Dynamics, part of its robotics division, up for sale for lack of revenue potential, Bloomberg reported, citing people familiar with the plans.

Read more
Posted by at No comments:

UPDATE 1-Brazil's watchdog passes Raízen, Wilmar sugar joint venture

SAO PAULO, March 17 (Reuters) - Brazilian antitrust watchdog Cade approved a joint venture formed by sugar and ethanol producer Raízen Energia SA and trader Wilmar International Ltd to export sugar,...

Read more
Posted by at No comments:

BRIEF-Rupert Resources signs option agreement to acquire Pahtavaara mine in Finland

* Rupert Resources signs 6 month option agreement to acquire Pahtavaara gold mine in Central Lapland, Finland, and renewal of gold centre property lease

Read more
Posted by at No comments:

CORRECTED-OFFICIAL-BRIEF-EU review of Wind-3 Italia merger to take time- Wind CEO

March 17 (Reuters) - Wind CEO Maximo Ibarra tells journalists on the sidelines of an event in Rome:

Read more
Posted by at No comments:

U.S. safety agency says automakers to add automatic braking by 2022

MCLEAN, Va., March 17 (Reuters) - U.S. auto safety regulators said on Thursday that 20 automakers have agreed to make automatic emergency braking standard on nearly all U.S. vehicles by 2022, a move...

Read more
Posted by at No comments:

BRIEF-MB Financial Inc says shareholders of ACB approve merger

* Shareholders of American Chartered Bancorp, Inc. approved plan of merger, between co and American Chartered - SEC filing Source - http://1.usa.gov/1pNPRrA Further company coverage:

Read more
Posted by at No comments:

BRIEF-EU review of Wind-3 Italia merger seen lengthy - Wind CEO

March 17 (Reuters) - Wind CEO Maximo Ibarra tells journalists on the sidelines of an event in Rome:

Read more
Posted by at No comments:

UPDATE 1-Canada probe of Bombardier aid bid complete; decision due soon -source

MONTREAL, March 17 (Reuters) - The Canadian government has finished studying a request from struggling planemaker Bombardier Inc for $1 billion in aid and is preparing to make an announcement within...

Read more
Posted by at No comments:

BRIEF-ASE withdraws offer to purchase Siliconware's common shares

* Says its offer to purchase Siliconware's common shares from whom has participated in the tender offer has been withdrawn

Read more
Posted by at No comments:

BRIEF-Hunter Douglas to acquire Levolor from Newell Rubbermaid

* Purchase price of $270 million Source text: http://bit.ly/1pw1iEh Further company coverage: (Gdynia Newsroom)

Read more
Posted by at No comments:

Deals of the day- Mergers and acquisitions

March 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

Read more
Posted by at No comments:

BRIEF-UK's CMA says considering if Hain UK-Orchard House deal would hurt competition

* UK's CMA says considering whether it is the case that acquisition by Hain Frozen Foods UK of Orchard House Foods resulted in decrease of competition Source text for Eikon:(http://bit.ly/1RQpAiL)...

Read more
Posted by at No comments:

UPDATE 1-Air Products in talks to sell unit to Evonik -source

* Evonik interested in the unit - source (Adds analyst comment, Evonik shares, background)

Read more
Posted by at No comments:

UPDATE 1-Egypt's EFG Hermes to sell off majority stake in Credit Libanais

CAIRO, March 17 (Reuters) - Egypt's EFG Hermes said on Thursday its board had approved the sale of a 40 percent stake in Credit Libanais to Arab and Lebanese investors at $33 per share, along with...

Read more
Posted by at No comments:

RPT-Rothschild, bucking trend, contemplates new hires in Russia

MOSCOW, March 16 (Reuters) - The Rothschild Group is looking at taking on new hires for its Russian operation later this year, bucking the trend for big Western money advisers to scale back, partly...

Read more
Posted by at No comments:

Wednesday, March 16, 2016

StanChart PE arm, Goldman invest $28 mln in Vietnam fintech startup

HANOI, March 17 (Reuters) - A private-equity arm of Standard Chartered Plc and Goldman Sachs have invested a combined $28 million in Vietnamese startup M_Service, the operator of mobile e-wallet...

Read more
Posted by at No comments:

BRIEF-Acacia rejects non-binding proposal from ARC and adopts plan to protect tax benefits

* Binding proposal from ARC and adopts plan to protect tax benefits

Read more
Posted by at No comments:

UPDATE 1-ULA exec resigns after saying firm shied away from price war with SpaceX

CAPE CANAVERAL, Fla., March 16 (Reuters) - A senior United Launch Alliance executive resigned on Wednesday after saying the firm last year refused to bid on a launch service contract for the U.S....

Read more
Posted by at No comments:

Canada done probing Bombardier aid bid, decision due soon-source

MONTREAL, March 17 (Reuters) - The Canadian government has finished studying a request from struggling planemaker Bombardier Inc for $1 billion in aid and is preparing to make an announcement within...

Read more
Posted by at No comments:

UPDATE 1-McKesson cuts 1,600 jobs to trim costs

March 16 (Reuters) - U.S. drug distributor McKesson Corp said on Wednesday it cut 1,600 jobs, or about 4 percent of its U.S. workforce, to slash costs after the company lost some key customers.

Read more
Posted by at No comments:

PRESS DIGEST- British Business - March 17

March 17 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

UPDATE 1-Australia's Myer Holdings says H1 net profit slips

SYDNEY, March 17 (Reuters) - Myer Holdings Ltd, Australia's biggest department store operator by sales, said on Thursday that first half net profit fell 4 percent as it scrambled to cut overhead and...

Read more
Posted by at No comments:

UPDATE 1-Ackman sells part of Mondelez stake, has no plans for other sales

BOSTON, March 16 (Reuters) - Billionaire investor William Ackman adjusted his battered hedge fund portfolio on Wednesday when he sold 20 million shares of snack maker Mondelez International, one day...

Read more
Posted by at No comments:

BRIEF-CN to purchase common shares under a specific share repurchase program

* To will enter into agreement with third party to repurchase shares subject to a maximum of 11.2 million common shares

Read more
Posted by at No comments:

UPDATE 1-Saudi Aramco, Shell plan to break up Motiva, divide up assets

NEW YORK, March 16 (Reuters) - Shell and Saudi Aramco on Wednesday announced plans to break up Motiva Enterprises LLC and divide up the assets, almost two decades after forming the U.S. oil refining...

Read more
Posted by at No comments:

UPDATE 1-Coherent to buy Rofin in deal valued at about $942 mln

March 16 (Reuters) - Laser tools and systems maker Coherent Inc said it would buy laser developer and manufacturer Rofin-Sinar Technologies Inc in a deal valued at about $942 million.

Read more
Posted by at No comments:

BRIEF-Coherent to acquire Rofin-Sinar for about $942 mln

* Deal expected to be accretive to eps in first full year following close

Read more
Posted by at No comments:

Host of advisers jostle for $85 mln fees from LSE-Deutsche Boerse deal

* Robey Warshaw and Perella Weinberg were the first named advisers

Read more
Posted by at No comments:

UPDATE 1-Major automakers to announce pact to install auto-braking systems by 2022

WASHINGTON, March 16 (Reuters) - Major automakers will announce Thursday they have agreed to install automatic emergency braking systems in nearly all U.S. vehicles by September 2022, three sources...

Read more
Posted by at No comments:

UPDATE 1-Britain targets banks with 2 bln stg tax offsetting cut

* RBS, Lloyds stake sales seen as on track (Adds reaction, details on bank stake sales, share prices)

Read more
Posted by at No comments:

Major automakers to announce pact to install auto-braking systems by 2022

WASHINGTON, March 16 (Reuters) - Major automakers will announce Thursday they have agreed to install automatic emergency braking systems in nearly all vehicles by September 2022, three sources...

Read more
Posted by at No comments:

BRIEF-Markit to acquire Fitch's CDS pricing service

* Markit Ltd says financial terms were not disclosed Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Read more
Posted by at No comments:

UPDATE 2-India signs energy deals with Russia's Rosneft

* Rosneft aims to finalise Indian refinery deal by end-June (Recasts, adds detail)

Read more
Posted by at No comments:

WRAPUP 1-Canada January factory sales jump, boding well for Q1 growth

OTTAWA, March 16 (Reuters) - Canadian manufacturing sales rose at a surprisingly strong clip at the start of the year, raising expectations that the economy will see stronger growth in the first...

Read more
Posted by at No comments:

UPDATE 3-Frankfurt and London seal $30 bln trading tie-up to counter U.S. threat

* Corporate headquarters in London and Frankfurt (Adds more detail from news conference)

Read more
Posted by at No comments:

UPDATE 1-Foreigners resume purchases of Canadian securities in Jan

OTTAWA, March 16 (Reuters) - Foreign investors resumed buying Canadian securities in January with a big push into corporate and government debt, while Canadians sold off their positions in foreign...

Read more
Posted by at No comments:

BRIEF-Leidos enters agreeemnt to divest heavy construction capability

* Leidos solidifies strategic focus for engineering and infrastructure, divests heavy construction capability

Read more
Posted by at No comments:

Brazil's Oi weighs share issuance, denies 'golden parachutes'

SAO PAULO, March 16 (Reuters) - Oi SA, Brazil's most indebted phone carrier, is considering a share issuance among the alternatives to bolster its capital, the company said on Wednesday.

Read more
Posted by at No comments:

UPDATE 2-BMW shifts focus towards harnessing technology

* BMW to streamline production, mulls ride-sharing business (Adds analyst comment, further CEO comments)

Read more
Posted by at No comments:

BRIEF-Verizon Digital Media Services says to buy Volicon

* Verizon Digital Media Services enters agreement to acquire Volicon, leading broadcast monitoring and archive company Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80...

Read more
Posted by at No comments:

BRIEF-Clubcorp acquires Santa Rosa Golf & Country Club

* Plans a multimillion-dollar capital project that will bring improvements to clubhouse, golf course and practice facilities and pool Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

UPDATE 1-Sanofi signs deal worth up to $2.3 bln with DiCE Molecules

* Sanofi to pay $50 mln, plus up to $184 mln for each target (Adds further detail on drugs and partnership)

Read more
Posted by at No comments:

UPDATE 2-Caesars could face $5 bln hit from unit's bankruptcy - examiner

CHICAGO, March 15 (Reuters) - Caesars Entertainment Corp and its private equity backers could be on the hook for up to $5.1 billion in potential damages over a series of corporate deals that a...

Read more
Posted by at No comments:

Tuesday, March 15, 2016

UPDATE 2-Lockheed CEO still likes Sikorsky despite slumping sales to energy sector

WASHINGTON, March 15 (Reuters) - Lockheed Martin Corp has "no regrets" about buying Sikorsky for $9 billion even though sliding oil prices have taken a bigger bite than expected from the company's...

Read more
Posted by at No comments:

FCC likely to circulate draft order approving Charter-Time Warner Cable merger - WSJ

March 15 (Reuters) - U.S. Federal Communications Commission Chairman Tom Wheeler is likely to circulate a draft order approving Charter Communications Inc's $56 billion deal to buy Time Warner Cable...

Read more
Posted by at No comments:

Caesars examiner report finds up to $5 bln in potential damages

CHICAGO, March 15 (Reuters) - Caesars Entertainment Corp removed assets from its casino operating unit to the detriment of the unit and its creditors, a court-ordered examiner found in a non-binding...

Read more
Posted by at No comments:

CME Group sells data center outside Chicago, to lease back space

CHICAGO, March 15 (Reuters) - CME Group Inc has agreed to sell the Chicago-area data center that houses its electronic trading platform as part of a drive to cut costs.

Read more
Posted by at No comments:

Linn Energy creditors at risk of collateral damage

WILMINGTON, Del., March 15 (Reuters) - Linn Energy LLC said on Tuesday that it did not fully secure a bond swap with the agreed collateral, creating a major headache for its creditors if the oil and...

Read more
Posted by at No comments:

BRIEF-Konica Minolta acquires Meridian Imaging Solutions

* Acquires DC-based company Meridian Imaging Solutions to expand its reach as a strategic workplace solutions provider

Read more
Posted by at No comments:

BRIEF-Gaming and Leisure Properties shareholders approve transaction with Pinnacle

* Shareholder approval of transaction with pinnacle entertainment

Read more
Posted by at No comments:

BRIEF-Aetna reaffirm 2016 oper earnings outlook of at least $7.75/share

* Rreaffirm full-year 2016 operating earnings per share projection of at least $7.75

Read more
Posted by at No comments:

UPDATE 2-Harrison Ford returns for 5th 'Indiana Jones' movie

LOS ANGELES, March 15 (Reuters) - Harrison Ford and director Steven Spielberg are teaming up to make a fifth "Indiana Jones" action-adventure movie, due for release in July 2019, Walt Disney Co said...

Read more
Posted by at No comments:

TIMELINE-More trouble for Valeant as possible debt default looms

March 15 (Reuters) - Valeant Pharmaceuticals International Inc , which has been under scrutiny over its pricing and accounting practices, cut its 2016 sales and earnings forecast on Monday, and said...

Read more
Posted by at No comments:

Private equity emerges as lender of last resort for U.S. energy firms

NEW YORK, March 15 (Reuters) - U.S. energy companies facing a likely cut in their bank loans are seeking a costly alternative - borrowing from private equity firms at hefty interest rates to stay...

Read more
Posted by at No comments:

Boeing makes more management changes at commercial airplanes unit

NEW YORK, March 15 (Reuters) - Boeing Co announced more management changes at its commercial airplanes unit on Tuesday, elevating several program leaders who will report directly to the division's...

Read more
Posted by at No comments:

BRIEF-Heska says agreement,plan of merger with Cuattro Veterinary, Llc, Cuattro International Merger Unit ,Kevin Wilson, members of Cuattro International

* Agreement,Plan of merger with Cuattro Veterinary, Llc, Cuattro International Merger Unit ,Kevin Wilson, all members of Cuattro International

Read more
Posted by at No comments:

BRIEF-Moody's downgrades Fedex' long term ratings, senior unsecured to Baa2

* Moody's downgrades Fedex' long term ratings, senior unsecured to Baa2; stable outlook

Read more
Posted by at No comments:

BRIEF-UK's CMA considering JRJR 33 deal to buy Betterware resulted in decrease of competition

* UK's CMA says is considering whether acquisition by JRJR 33 of Betterware resulted in a substantial lessening of competition Source text for Eikon: Further company coverage:

Read more
Posted by at No comments:

UPDATE 2-Italy's Campari to acquire French liqueur maker Grand Marnier

* Campari will launch friendly takeover bid for Grand Marnier

Read more
Posted by at No comments:

Lockheed CEO: "No regrets" about Sikorsky buy despite oil price drop

WASHINGTON, March 15 (Reuters) - Lockheed Martin Corp has "no regrets" about buying Sikorsky for $9 billion despite a drop in oil prices that has led to a bigger-than-expected decline Sikorsky's...

Read more
Posted by at No comments:

Teva Pharm sees close of $40.5 bln Allergan generics deal by June

TEL AVIV, March 15 (Reuters) - Israel-based Teva Pharmaceutical Industries said on Tuesday it now expects its $40.5 billion acquisition of the generic drug activities of Allergan to be completed by...

Read more
Posted by at No comments:

Deals of the day- Mergers and acquisitions

March 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

Read more
Posted by at No comments:

BRIEF-Ackroo acquires D1 Mobile's Appetite platform

* Ackroo acquires D1 Mobile's Appetite mobile payment, loyalty and engagement platform

Read more
Posted by at No comments:

UPDATE 1-Orexigen buys U.S. obesity pill rights from Takeda, partners Valeant

March 15 (Reuters) - Orexigen Therapeutics Inc said it agreed to buy the U.S. rights to its flagship obesity drug from partner Takeda Pharmaceutical Co Ltd and will tap Canada's Valeant...

Read more
Posted by at No comments:

UPDATE 1-FleetCor pays $1.1 bln for Brazil toll payment firm Sem Parar

SAO PAULO, March 15 (Reuters) - FleetCor Technologies Inc agreed on Tuesday to buy Brazil's largest electronic toll payments firm for 4.086 billion reais ($1.1 billion), underscoring the growing...

Read more
Posted by at No comments:

BRIEF-Fleetcor to buy Brazil's STP for about $1.05 bln

* Fleetcor to acquire STP, a leading electronic toll payment company

Read more
Posted by at No comments:

BRIEF-Orexigen says acquired all U.S. rights to Contrave

* Orexigen announces strategic acquisition of all U.S. rights to Contrave, the market leading branded anti-obesity prescription medicine

Read more
Posted by at No comments:

UPDATE 2-UK Stocks-Factors to watch on March 15

March 15 (Reuters) - Britain's FTSE 100 index is seen opening 24 to 26 points lower, or down as much as 0.4 percent, on Tuesday, according to financial bookmakers, with futures down 0.6 percent ahead...

Read more
Posted by at No comments:

Rejected suitor for Australia's CBH to push for EGM to revive deal

SYDNEY, March 15 (Reuters) - A takeover consortium spurned by Australia's largest wheat exporter, Cooperative Bulk Handling Ltd (CBH), will seek to force an emergency meeting of the grain handler in...

Read more
Posted by at No comments:

BRIEF-Dechra Pharmaceuticals buys Putney Inc for $200 mln

* Proposed £48.4 million placing of new ordinary shares at 1100 pence per share

Read more
Posted by at No comments:

Monday, March 14, 2016

PRESS DIGEST- Financial Times - March 15

March 15 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Read more
Posted by at No comments:

Distressed asset buyers see silver lining as miners languish

MELBOURNE/SYDNEY March 15 (Reuters) - After years on the sidelines, funds specialising in troubled assets are set to take centre stage in the mining industry, driving deals in a sector where the top...

Read more
Posted by at No comments:

BRIEF-Albertson's LLC says buys 29 Haggen stores

* Albertsons acquires 29 Haggen core stores in Washington and Oregon

Read more
Posted by at No comments:

Adelson's Las Vegas Sands wins new U.S. trial in $100 mln Macau case

March 14 (Reuters) - Las Vegas Sands Corp persuaded Nevada's highest court to throw out a more than $100 million verdict in favor of a Hong Kong businessman for helping Sheldon Adelson's gaming...

Read more
Posted by at No comments:

DEALTALK-Exchange leaders to size each other up in Boca Raton

NEW YORK, March 14 (Reuters) - When top derivatives exchange executives gather in Boca Raton, Florida, this week for a major industry conference, the buzz will be around who is meeting whom in hotel...

Read more
Posted by at No comments:

BRIEF-Piedmont Natural Gas receives Tennessee regulatory authority approval for Duke Energy deal

* Piedmont Natural Gas receives Tennessee regulatory authority approval for a change in control upon acquisition by Duke Energy

Read more
Posted by at No comments:

UPDATE 1-Outerwall to explore strategic alternatives

March 14 (Reuters) - Outerwall Inc said on Monday that the Redbox video rental kiosks owner would explore strategic and financial alternatives.

Read more
Posted by at No comments:

MOVES-Macquarie hires aerospace and defense banker from Sagent

March 14 (Reuters) - Macquarie Capital, the investment banking unit of Australia's Macquarie Group Ltd, said Monday it has hired Jeremy Parker as a managing director to lead its aerospace, defense...

Read more
Posted by at No comments:

EU mergers and takeovers (March 14)

BRUSSELS, March 14 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Read more
Posted by at No comments:

UPDATE 4-China's Anbang challenges Marriott with $13 bln Starwood offer

* Starwood shares up 8 pct, Marriott up 3.4 pct (Adds background on Anbang, CFIUS and the potential deal)

Read more
Posted by at No comments:

Italy's BPER to sell bad loans worth around 900 mln euros -sources

MILAN, March 14 (Reuters) - Banca Popolare dell'Emilia Romagna (BPER) has put up for sale six portfolios of non-performing loans with an overall gross book value of around 900 million euros ($999...

Read more
Posted by at No comments:

Intesa in talks for sale of more than 3 bln euros of loans -sources

MILAN, March 14 (Reuters) - Italy's top retail bank Intesa Sanpaolo is in exclusive talks with investment fund Christofferson Robb & Company for the sale of a portfolio of consumer loans worth more...

Read more
Posted by at No comments:

SteamBroker

Что такое "SteamBroker"?

Сервис SteamBroker предоставляет площадку для торговли вещами из сервиса цифровой дистрибуции Steam. На нашей площадке вы можете купить у других пользователей или продать сами любые предметы из Вашего инвентаря, которые возможно передать через торговое предложение Steam. Например, вещи из таких игр как Dota™ 2, Counter Strike: Global Offensive™ (CS:GO), Team Fortress™ 2, H1Z1 и прочих. А так же возможна продажа коллекционных карточек Steam и даже игр, в виде подарков в инвентаре, которые так же возможно передавать. Вы можете купить вещи за ту цену, которую указывают другие пользователи, что гарантирует отличные цены без лишних наценок.

Так же Вы можете использовать наш сайт как магазин для своих предметов. Вы получите персональную ссылку которая будет отображать только Ваши предметы.

Наш сервис гарантирует абсолютную безопасность всех сделок. Товары передаются через наши сервисные аккаунты Steam, которые выступают в качестве гаранта и контролируют точность получения вещей покупателем и выплату денег продавцу.

Перейти на SteamBroker

Posted by at No comments:

UPDATE 1-China's CNOOC eyes Petrobras' stake in Braskem -paper

BRASILIA, March 14 (Reuters) - China's CNOOC Ltd is interested in purchasing a minority stake in Brazilian petrochemical company Braskem SA from state-run Petroleo Brasileiro SA, a Brazilian...

Read more
Posted by at No comments:

CORRECTED-UPDATE 3-Indian court grants Pfizer stay on ban of popular cough syrup

MUMBAI/NEW DELHI, March 14 (Reuters) - An Indian court granted U.S. pharmaceuticals firm Pfizer Inc's Indian unit a stay order on Monday, pending a further hearing, on a government ban on its popular...

Read more
Posted by at No comments:
Subscribe to: Posts (Atom)