* If merger terminated, termination fee of $30 million may
be payable by either co or Cash America to other party
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Friday, April 29, 2016
BRIEF-PBF Logistics closes acquisition of East Coast Terminals
* PBF Logistics closes acquisition of East Coast Terminals
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BRIEF-Tivo, on Rovi deal, anticipates there will be some reductions
* On Rovi Deal - "we anticipate there will be some overlap
in roles so there will be some reductions"
Read more
in roles so there will be some reductions"
Read more
UPDATE 1-Spirit AeroSystems CEO sees no impact from Airbus jet backlog
NEW YORK, April 29 (Reuters) - Aircraft parts maker Spirit
AeroSystems Holdings Inc said on Friday that it is
seeing no slowdown in demand from Airbus resulting from
undelivered planes piling up at...
Read more
AeroSystems Holdings Inc said on Friday that it is
seeing no slowdown in demand from Airbus resulting from
undelivered planes piling up at...
Read more
BRIEF-Canadian Orebodies sells Greenbush Lithium property
* Canadian Orebodies sells Greenbush Lithium property and
acquires Bateman Lake property
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acquires Bateman Lake property
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BRIEF-Fedex intended acquisition of TNT Express approved in China
* Ministry of commerce People's republic of china
unconditionally approves Fedex intended acquisition of
TNT Express
Read more
unconditionally approves Fedex intended acquisition of
TNT Express
Read more
VW executive committee balks at Qatar's push for seat -sources
FRANKFURT/BERLIN, April 29 (Reuters) - Frustrated with the
pace of reform at Volkswagen, shareholder Qatar has
asked the carmaker for a seat on the company's powerful
executive committee but has met...
Read more
pace of reform at Volkswagen, shareholder Qatar has
asked the carmaker for a seat on the company's powerful
executive committee but has met...
Read more
UPDATE 1-CNova jumps as Casino touts delisting for e-commerce firm
SAO PAULO, April 29 (Reuters) - Shares in CNova NV
jumped on Friday on speculation that controlling shareholder
Casino Guichard Perrachon SA is considering taking the
e-commerce retailer private as...
Read more
jumped on Friday on speculation that controlling shareholder
Casino Guichard Perrachon SA is considering taking the
e-commerce retailer private as...
Read more
UPDATE 1-Delta sees room for more cooperation with equity partners
ATLANTA, April 29 (Reuters) - Delta Air Lines Inc
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed...
Read more
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed...
Read more
BRIEF-Draftday Fantasy Sports to buy Rant for $5 mln in cash and shares
* Wetpaint, a Draftday Fantasy Sports Company, agrees to
acquire Rant, Inc. to become a leading social publisher
Read more
acquire Rant, Inc. to become a leading social publisher
Read more
BRIEF-Draftday Fantasy Sports announces $1 mln break-up fee for Rant deal
* If co does not proceed with deal, co must pay Rant a
$1,000,000 break-up fee
Source text - http://1.usa.gov/249tdw2
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$1,000,000 break-up fee
Source text - http://1.usa.gov/249tdw2
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BRIEF-Descartes acquires pixi for about EUR 9.2 mln
* Purchase price paid in cash
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Sanofi says committed to Medivation takeover
PARIS, April 29 (Reuters) - Sanofi said on Friday
it remained committed to acquiring U.S. drug firm Medivation
and that it was ready to speak directly to its
shareholders.
Read more
it remained committed to acquiring U.S. drug firm Medivation
and that it was ready to speak directly to its
shareholders.
Read more
Delta Air sees chance for equity partners to cooperate more - incoming CEO
ATLANTA, April 29 (Reuters) - Delta Air Lines Inc
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed...
Read more
sees opportunities for the airlines in which it owns equity
stakes to cooperate more in the next five years, Delta's
incoming Chief Executive Ed...
Read more
Medivation board rejects Sanofi's $9.3 bln takeover offer
April 29 (Reuters) - Medivation Inc said on Friday
its board rejected an unsolicited $9.3 billion takeover proposal
from Sanofi SA, saying the offer undervalued the
company and its pipeline of...
Read more
its board rejected an unsolicited $9.3 billion takeover proposal
from Sanofi SA, saying the offer undervalued the
company and its pipeline of...
Read more
BRIEF-Cousins Properties to merge with Parkway Properties
* Cousins Properties To Merge With Parkway Properties And
Simultaneously Spin Off combined Houston assets into a new pure
play publicly-traded reit
Read more
Simultaneously Spin Off combined Houston assets into a new pure
play publicly-traded reit
Read more
Shire earnings rise on strong Vyvanse demand
LONDON, April 29 (Reuters) - Strong demand for hyperactivity
treatment Vyvanse helped lift first-quarter earnings 12 percent
at Shire, the London-listed drugmaker that is buying
U.S. rare diseases...
Read more
treatment Vyvanse helped lift first-quarter earnings 12 percent
at Shire, the London-listed drugmaker that is buying
U.S. rare diseases...
Read more
BRIEF-Now Inc to purchase Power Service
* Terms of all-cash transaction were not disclosed
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BRIEF-Ophir Energy says ends talks with Schlumberger over Fortuna FLNG project
* Has terminatd talks with Schlumberger over Fortuna FLNG
project after being unable to complete deal on terms agreed in
the heads of terms
Read more
project after being unable to complete deal on terms agreed in
the heads of terms
Read more
BRIEF-SABMiller says AB InBev to sell some of SAB's asset for EU nod
* AB InBev updates package of commitments with offer to
divest SABMiller's central and eastern european operations
Read more
divest SABMiller's central and eastern european operations
Read more
PRESS DIGEST - Wall Street Journal - April 29
April 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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
Thursday, April 28, 2016
BRIEF-Smoothwater capital corp acquires 2.5 mln common shares of Alberta Oilsands Inc
* Smoothwater capital acquires additional shares of Alberta
Oilsands Inc. And urges the board to take immediate action in
the interests of shareholders
Read more
Oilsands Inc. And urges the board to take immediate action in
the interests of shareholders
Read more
BRIEF-Alere obtains requisite lender approval for extension to file Form 10
* Announces certain developments relating to the pending
merger transaction with abbott laboratories
Read more
merger transaction with abbott laboratories
Read more
BRIEF-Northwest Bancshares Inc to acquire $1.7 bln in deposits, 18 First Niagara branches in Buffalo, New York
* Northwest Bancshares, Inc. To acquire $1.7 billion in
deposits and 18 First Niagara branches in Buffalo, New York
Read more
deposits and 18 First Niagara branches in Buffalo, New York
Read more
UPDATE 1-LPC: Abbott's US$17.2bn loan backing St. Jude acq. set to boost M&A volume
NEW YORK, April 28 (Reuters) - A US$17.2bn bridge loan that
backs Abbott Laboratories' US$25bn acquisition of
medical device maker St. Jude Medical will boost
investment grade loan volume that so far...
Read more
backs Abbott Laboratories' US$25bn acquisition of
medical device maker St. Jude Medical will boost
investment grade loan volume that so far...
Read more
Shareholders in Brazil's Usiminas pick Brito as chairman in ballot
SAO PAULO, April 28 (Reuters) - Shareholders in Usinas
Siderurgicas de Minas Gerais SA picked Elias Brito,
the candidate endorsed by one of the Brazilian steelmaker's
controlling partners, as...
Read more
Siderurgicas de Minas Gerais SA picked Elias Brito,
the candidate endorsed by one of the Brazilian steelmaker's
controlling partners, as...
Read more
LPC: Abbott's US$17.2bn loan backing St. Jude acq. set to boost M&A volume
NEW YORK, April 28 (Reuters) - A US$17.2bn bridge loan that
backs Abbott Laboratories' US$25bn acquisition of
medical device maker St. Jude Medical will boost
investment grade loan volume that so far...
Read more
backs Abbott Laboratories' US$25bn acquisition of
medical device maker St. Jude Medical will boost
investment grade loan volume that so far...
Read more
Keycorp, First Niagara to sell branches to resolve antitrust concerns-U.S. DOJ
WASHINGTON, April 28 (Reuters) - KeyCorp and First
Niagara Financial Group Inc will sell 18 First Niagara
branches in and around Buffalo, New York, to resolve antitrust
concerns tied to KeyCorp's...
Read more
Niagara Financial Group Inc will sell 18 First Niagara
branches in and around Buffalo, New York, to resolve antitrust
concerns tied to KeyCorp's...
Read more
UPDATE 1-Bombardier jet order does not change Ottawa's stance on aid -source
OTTAWA, April 28 (Reuters) - A big order by Delta Airlines
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the plane
maker's request for financial aid,...
Read more
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the plane
maker's request for financial aid,...
Read more
BRIEF-S&P- Abbott Laboratories ratings remain on creditwatch negative on planned acquisition of St. Jude
* Abbott Laboratories ratings remain on creditwatch negative
on planned acquisition of St. Jude Medical
Source text: (http://bit.ly/21hkyCp)
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1...
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on planned acquisition of St. Jude Medical
Source text: (http://bit.ly/21hkyCp)
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1...
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Bombardier jet order does not change Ottawa's stance on aid -source
OTTAWA, April 28 (Reuters) - A big order by Delta Airlines
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the
planemaker's request for financial aid,...
Read more
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the
planemaker's request for financial aid,...
Read more
UPDATE 2-Comcast to buy DreamWorks Animation for $3.8 billion
April 28 (Reuters) - Comcast Corp, the owner of
NBCUniversal, said on Thursday it would buy Hollywood movie
studio DreamWorks Animation SKG Inc for $3.8 billion to
boost its family-friendly offerings...
Read more
NBCUniversal, said on Thursday it would buy Hollywood movie
studio DreamWorks Animation SKG Inc for $3.8 billion to
boost its family-friendly offerings...
Read more
Deals of the day- Mergers and acquisitions
April 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1300 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 1300 GMT on
Thursday:
Read more
WRAPUP 2-Bombardier gains traction with big Delta order for CSeries jets
MONTREAL/ATLANTA, April 28 (Reuters) - Bombardier Inc
won a multibillion dollar order for its new CSeries
passenger jets from Delta Air Lines on Thursday,
potentially boosting the Canadian...
Read more
won a multibillion dollar order for its new CSeries
passenger jets from Delta Air Lines on Thursday,
potentially boosting the Canadian...
Read more
BRIEF-Time Warner Cable says "We expect the merger to close next month" - Conf call on Charter merger
* Says "We now await the decision of the FCC and the
California PUC" - Conf call on Charter merger
Read more
California PUC" - Conf call on Charter merger
Read more
Comcast to buy DreamWorks Animation for $3.8 billion
April 28 (Reuters) - Comcast Corp, the owner of
NBCUniversal, said on Thursday it would buy DreamWorks Animation
SKG Inc for $3.8 billion in cash.
Read more
NBCUniversal, said on Thursday it would buy DreamWorks Animation
SKG Inc for $3.8 billion in cash.
Read more
EU mergers and takeovers (April 28)
BRUSSELS, April 28 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
UPDATE 1-AbbVie to buy Stemcentrx to boost cancer drug portfolio
April 28 (Reuters) - AbbVie Inc said it would buy
privately held oncology company Stemcentrx in a deal valued at
$5.8 billion to expand its portfolio of drugs to treat cancer.
Read more
privately held oncology company Stemcentrx in a deal valued at
$5.8 billion to expand its portfolio of drugs to treat cancer.
Read more
UPDATE 1-Abbott to buy St. Jude Medical for $25 bln
April 28 (Reuters) - Abbott Laboratories said it
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion to add heft to its heart and neurological
devices business.
Read more
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion to add heft to its heart and neurological
devices business.
Read more
AbbVie to buy Stemcentrx in $5.8 bln deal
April 28 (Reuters) - Drugmaker AbbVie Inc said it
would buy privately held oncology company Stemcentrx in a deal
valued at $5.8 billion in cash and stock.
Read more
would buy privately held oncology company Stemcentrx in a deal
valued at $5.8 billion in cash and stock.
Read more
UPDATE 1-VW CEO eyes solid 2016 growth despite crisis
* VW making gradual progress with dieselgate probe -CEO
(Adds detail on VW brand, trucks and strategy)
Read more
(Adds detail on VW brand, trucks and strategy)
Read more
Bombardier to sell Delta 75 CSeries jets, posts Q1 loss
April 28 (Reuters) - Bombardier Inc announced a
much anticipated order from Delta Air Lines for 75 of
its CSeries narrow-body passenger jets on Thursday.
Read more
much anticipated order from Delta Air Lines for 75 of
its CSeries narrow-body passenger jets on Thursday.
Read more
Citi drops out of $1.5 bln financing of Americana sale -sources
DUBAI, April 28 (Reuters) - Citigroup has dropped out
of the group of banks providing a $1.5 billion bridge loan to
Gulf-based Adeptio for its proposed purchase of a majority stake
in Kuwait Food Co...
Read more
of the group of banks providing a $1.5 billion bridge loan to
Gulf-based Adeptio for its proposed purchase of a majority stake
in Kuwait Food Co...
Read more
Government may have to do more to help Tata find buyer for UK assets-CEO
LONDON, April 28 (Reuters) - The British government will
probably have to do more to help India's Tata Steel to find a
buyer for its steel plants in the country, Bimlendra Jha, the
chief executive of...
Read more
probably have to do more to help India's Tata Steel to find a
buyer for its steel plants in the country, Bimlendra Jha, the
chief executive of...
Read more
UPDATE 1-Sanofi bids $9.3 bln for U.S. cancer drug firm Medivation
PARIS/LONDON, April 28 (Reuters) - French pharmaceuticals
group Sanofi said on Thursday it had made an offer to
buy U.S. cancer treatment firm Medivation in a deal worth about
$9.3 billion, marking...
Read more
group Sanofi said on Thursday it had made an offer to
buy U.S. cancer treatment firm Medivation in a deal worth about
$9.3 billion, marking...
Read more
Citi puts Asia payment processing business up for sale-sources
HONG KONG, April 28 (Reuters) - Citigroup has puts its
Asia payment processing business on the block as part of a
ongoing global plan to exit non-core operations, people familiar
with the matter told...
Read more
Asia payment processing business on the block as part of a
ongoing global plan to exit non-core operations, people familiar
with the matter told...
Read more
Wednesday, April 27, 2016
France's Sanofi makes $9.3 bln bid for U.S. biotech Medivation
PARIS, April 28 (Reuters) - French pharmaceuticals group
Sanofi said on Thursday it had made an all-cash offer
to buy U.S. biotech firm Medivation in a deal worth about $9.3
billion.
Read more
Sanofi said on Thursday it had made an all-cash offer
to buy U.S. biotech firm Medivation in a deal worth about $9.3
billion.
Read more
BRIEF-Murphy Oil divests interest in Syncrude joint venture for C$937 million
* Murphy Oil Corporation announces non-core asset sale -
divests interest in Syncrude joint venture for C$937 million
Read more
divests interest in Syncrude joint venture for C$937 million
Read more
BRIEF-Qlik Technologies working with Morgan Stanley to find potential buyers - Bloomberg
* Qlik Technologies Inc is working with Morgan Stanley to
find potential buyers - Bloomberg, citing sources
Read more
find potential buyers - Bloomberg, citing sources
Read more
UPDATE 1-Myanmar's Mr Clean says he takes 'red tape road' to profit
YANGON, April 28 (Reuters) - Scaffolding around the 139-year
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon,...
Read more
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon,...
Read more
UPDATE 1-Suncor Energy to acquire additional 5 pct stake in Syncrude
April 27 (Reuters) - Canadian oil and gas producer Suncor
Energy Inc said on Wednesday it has agreed to pay about
C$937 million to acquire an additional 5 percent stake in its
Syncrude oil sands...
Read more
Energy Inc said on Wednesday it has agreed to pay about
C$937 million to acquire an additional 5 percent stake in its
Syncrude oil sands...
Read more
Suncor Energy to acquire additional 5 pct stake in Syncrude
April 27 (Reuters) - Canadian oil and gas producer Suncor
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
UPDATE 1-U.S. clothes giant HanesBrands makes $840 mln play for Australia rival
SYDNEY, April 28 (Reuters) - Australian underwear and
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the...
Read more
t-shirt maker Pacific Brands Ltd said on Thursday it
has agreed to an all-cash buyout from U.S. clothing company
HanesBrands Inc, valuing the...
Read more
BRIEF-Suncor Energy to buy additional interest in Syncrude for about $937 mln
* Through the deal co's share in Syncrude JV will increase
to 53.74 per cent from 48.74 per cent
Read more
to 53.74 per cent from 48.74 per cent
Read more
Myanmar's Mr Clean says he takes 'red tape road' to profit
YANGON, April 28 (Reuters) - Scaffolding around the 139-year
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon,...
Read more
old Burma Railway Headquarters, a red-brick colonial relic at
the centre of a half billion dollar property development in
central Yangon,...
Read more
BRIEF-Aeterna Zentaris acquires U.S. Promotional rights for prostate cancer blood test
* Aeterna zentaris acquires exclusive u.s. Promotional
rights for apifiny prostate cancer blood test
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rights for apifiny prostate cancer blood test
Source text for Eikon:
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UPDATE 1-Snow Park takes 4.6 pct stake in Ashford Hospitality Prime
NEW YORK, April 27 (Reuters) - Hedge fund Snow Park Capital
Partners has taken a 4.6 percent stake in Ashford Hospitality
Prime Inc, according to a person familiar with the
matter, and plans to push...
Read more
Partners has taken a 4.6 percent stake in Ashford Hospitality
Prime Inc, according to a person familiar with the
matter, and plans to push...
Read more
BRIEF-Pershing Square Holdings says NAV per share as of April 26 was $17.29
* Holds annual general meeting in Guernsey and releases
regular weekly net asset value as of April 26 2016
Read more
regular weekly net asset value as of April 26 2016
Read more
UPDATE 1-Intesa in final talks to sell payments unit Setefi to ICBPI for $1.1 bln - source
MILAN, April 27 (Reuters) - Italy's biggest retail bank
Intesa SanPaolo is in final talks to sell its payments
unit Setefi to banking services firm Istituto Centrale delle
Banche Popolari (ICBPI) in...
Read more
Intesa SanPaolo is in final talks to sell its payments
unit Setefi to banking services firm Istituto Centrale delle
Banche Popolari (ICBPI) in...
Read more
Brazil online card company Nubank gets $53 mln loans from Goldman Sachs
SAO PAULO, April 27 (Reuters) - Brazil's online credit card
provider Nubank secured about $53 million in credit lines from a
unit of Goldman Sachs Group Inc, boosting the
three-year-old company's...
Read more
provider Nubank secured about $53 million in credit lines from a
unit of Goldman Sachs Group Inc, boosting the
three-year-old company's...
Read more
Lenders vying for Cabela's credit card business -sources
April 27 (Reuters) - At least five financial services
companies are competing to acquire the credit card business of
Cabela's Inc, a U.S. outdoor retailer that is exploring
selling itself, according...
Read more
companies are competing to acquire the credit card business of
Cabela's Inc, a U.S. outdoor retailer that is exploring
selling itself, according...
Read more
UPDATE 1-Vale eyes restart of Argentina potash project
BUENOS AIRES, April 27 (Reuters) - Brazilian miner Vale SA
is considering a restart of its Rio Colorado potash
project in Argentina after a long delay, the company said on
Wednesday, the latest sign...
Read more
is considering a restart of its Rio Colorado potash
project in Argentina after a long delay, the company said on
Wednesday, the latest sign...
Read more
Smaller tech stocks thrive even as large names get hammered
NEW YORK, April 27 (Reuters) - The technology sector has
taken it on the chin in recent days, after
lukewarm-to-disappointing results from a range of bellwethers
such as Apple, Alphabet and...
Read more
taken it on the chin in recent days, after
lukewarm-to-disappointing results from a range of bellwethers
such as Apple, Alphabet and...
Read more
UPDATE 2-UK watchdog threatens ICE with full competition probe into Trayport deal
LONDON, April 27 (Reuters) - Britain's competition watchdog
said on Wednesday it is to open an in-depth investigation into
Intercontinental Exchange's takeover of commodities
trading software house...
Read more
said on Wednesday it is to open an in-depth investigation into
Intercontinental Exchange's takeover of commodities
trading software house...
Read more
Private equity firm Cinven raises new 7 billion euro fund
April 27 (Reuters) - European private equity firm Cinven Ltd
is set to complete fundraising of its latest fund at 7 billion
euros ($7.9 billion), sources said, underscoring robust
fundraising across...
Read more
is set to complete fundraising of its latest fund at 7 billion
euros ($7.9 billion), sources said, underscoring robust
fundraising across...
Read more
Fund manager Loeb says market volatility offers opportunities
NEW YORK, April 27 (Reuters) - Billionaire hedge fund
manager Dan Loeb believes that recent market volatility still
offers "excellent opportunities" to make money despite a
"catastrophic" period for...
Read more
manager Dan Loeb believes that recent market volatility still
offers "excellent opportunities" to make money despite a
"catastrophic" period for...
Read more
UPDATE 1-Nasdaq mulls new exchange to ease trading in illiquid ETFs -CEO
NEW YORK, April 27 (Reuters) - Nasdaq Inc may
launch a new marketplace aimed at improving trading in
exchange-traded funds using one of the exchange licenses from
its $1.1 billion purchase of...
Read more
launch a new marketplace aimed at improving trading in
exchange-traded funds using one of the exchange licenses from
its $1.1 billion purchase of...
Read more
Fund manager Jain's exit may "dent" Vontobel - CEO in paper
ZURICH, April 27 (Reuters) - The departure of star fund
manager Rajiv Jain from Swiss private bank Vontobel
could have a negative impact among institutional investors
although it was too early to...
Read more
manager Rajiv Jain from Swiss private bank Vontobel
could have a negative impact among institutional investors
although it was too early to...
Read more
BRIEF-DIOS acquires New Clarkie gold project in Opinaca area
* DIOS acquires New Clarkie gold project in Opinaca area
Source text for Eikon:
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Source text for Eikon:
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BRIEF-Partners Group acquires interest in Silicon Ranch Corp
* Partners Group acquires interest in Silicon Ranch
Corporation
Source text for Eikon:
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Corporation
Source text for Eikon:
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BRIEF-Sobi CEO on Biogen assets: "not a time to bet the company"
* CEO, asked about interest in Biogen's hemophilia assets,
says "this is not a time to bet the company on something that is
at the outer limits of our capacity"
Read more
says "this is not a time to bet the company on something that is
at the outer limits of our capacity"
Read more
No guarantee over future of UK steel industry, says UK PM Cameron
LONDON, April 27 (Reuters) - Prime Minister David Cameron
said there was no guarantee that government efforts to save the
British steel industry would be successful, as ministers search
to find a...
Read more
said there was no guarantee that government efforts to save the
British steel industry would be successful, as ministers search
to find a...
Read more
BRIEF-Examworks to be acquired by Leonard Green & Partners for $35.05/shr in cash
* Examworks enters into definitive agreement to be acquired
by Leonard Green & Partners, L.P. for $35.05 per share in cash
Read more
by Leonard Green & Partners, L.P. for $35.05 per share in cash
Read more
ExamWorks to be bought by Leonard Green in $2.2 bln deal
April 27 (Reuters) - ExamWorks Group Inc, a
provider of medical examination services for insurers, legal
firms and government agencies, said on Wednesday it had agreed
to be bought by private equity...
Read more
provider of medical examination services for insurers, legal
firms and government agencies, said on Wednesday it had agreed
to be bought by private equity...
Read more
Cinven launches sale of HEG in potential $1.9 bln deal - sources
FRANKFURT, April 27 (Reuters) - Buyout group Cinven is
launching the sale of HEG, a top European supplier of web
hosting services to small and medium-sized businesses, in a
potential 1.7 billion euro...
Read more
launching the sale of HEG, a top European supplier of web
hosting services to small and medium-sized businesses, in a
potential 1.7 billion euro...
Read more
BRIEF-Brown-Forman to buy BenRiach Distillery Co for 285 mln pounds
* Forman to acquire the Glendronach, Benriach, and
Glenglassaugh single malt scotch whiskies
Read more
Glenglassaugh single malt scotch whiskies
Read more
BRIEF-PRA Group Polska buys 99.73 pct in DTP
* Said on Tuesday that in a tender offer for the company's
shares PRA Group Polska Sp. z o.o. acquired 35,618,782 shares
representing 99.73 percent stake in DTP
Read more
shares PRA Group Polska Sp. z o.o. acquired 35,618,782 shares
representing 99.73 percent stake in DTP
Read more
Tuesday, April 26, 2016
PRESS DIGEST - Wall Street Journal - April 27
April 27 (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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
UPDATE 1-Comcast in talks to buy DreamWorks Animation for more than $3 bln - WSJ
April 26 (Reuters) - Comcast Corp, the largest
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported,...
Read more
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported,...
Read more
Comcast in talks to buy DreamWorks Animation for more than $3 bln - WSJ
April 26 (Reuters) - Comcast Corp, the largest
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported,...
Read more
U.S. cable operator, is in talks to buy Hollywood studio owner
DreamWorks Animation SKG Inc for more than $3 billion,
The Wall street Journal reported,...
Read more
BRIEF-Comcast in talks to buy Dreamworks Animation - CNBC, citing DJ
* Comcast in talks to buy Dreamworks Animation in deal that
could value Dreamworks at more than $3 Bln - CNBC, citing Dow
Jones
Read more
could value Dreamworks at more than $3 Bln - CNBC, citing Dow
Jones
Read more
RPT-UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes
SINGAPORE, April 26 (Reuters) - Singapore's Temasek Holdings
said it would combine its sector and market investment
teams and named senior executives Chia Song Hwee and Dilhan
Pillay Sandrasegara as...
Read more
said it would combine its sector and market investment
teams and named senior executives Chia Song Hwee and Dilhan
Pillay Sandrasegara as...
Read more
BRIEF-Lizton Financial and Indiana Business Bancorp announce merger
* Lizton financial corporation and indiana business bancorp
announce the signing of a definitive merger agreement
Read more
announce the signing of a definitive merger agreement
Read more
BRIEF-First Mid-Illinois Bancshares agrees to merge with First Clover Leaf Financial
* Mid-Illinois bancshares -entered agreement and plan of
merger with first clover leaf financial
Read more
merger with first clover leaf financial
Read more
BRIEF-Johnson & Johnson Consumer to buy Neostrata Co
* Johnson & Johnson Consumer Inc. To acquire neostrata
company, inc., a leader in dermocosmetics
Read more
company, inc., a leader in dermocosmetics
Read more
BRIEF-The Gymboree Corp announces $40 mln cash tender offer
* The Gymboree Corporation announces $40 million cash tender
offer for its outstanding 9.125 pct senior unsecured notes due
2018
Source text for Eikon:
Further company coverage:
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offer for its outstanding 9.125 pct senior unsecured notes due
2018
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
UPDATE 1-Euro zone delays meeting on Greece reforms, says needs more time
BRUSSELS, April 26 (Reuters) - Euro zone finance ministers
will not meet on Thursday and need more time to discuss two sets
of Greek reforms that would unlock new loans, the office of the
Eurogroup...
Read more
will not meet on Thursday and need more time to discuss two sets
of Greek reforms that would unlock new loans, the office of the
Eurogroup...
Read more
UPDATE 3-Freeport confident of more copper asset sales by mid-year- CEO
April 26 (Reuters) - Freeport-McMoRan Inc expects to
have agreed $3 billion worth of asset sales by mid-year, its
chief executive said on Tuesday, as the U.S. miner and oil
producer tries to whittle...
Read more
have agreed $3 billion worth of asset sales by mid-year, its
chief executive said on Tuesday, as the U.S. miner and oil
producer tries to whittle...
Read more
REFILE-UPDATE 3-Whirlpool 2016 earnings outlook unchanged, Q1 lower than expected
April 26 (Reuters) - Whirlpool Corp shares fell in
early trading on Tuesday after the company posted a
lower-than-expected first-quarter net profit but kept its
previous 2016 earnings per share...
Read more
early trading on Tuesday after the company posted a
lower-than-expected first-quarter net profit but kept its
previous 2016 earnings per share...
Read more
BRIEF-Oceanfirst financial and Cape Bancorp receive stockholder approvals for merger
* Oceanfirst Financial Corp. and Cape Bancorp, Inc. receive
stockholder approvals for merger
Read more
stockholder approvals for merger
Read more
UPDATE 1-Google, Ford, Uber join coalition to further self-driving cars
WASHINGTON, April 26 (Reuters) - Alphabet Inc's Google unit
, Ford Motor Co, the ride-sharing service Uber
and two other companies said on Tuesday they are
forming a coalition to push for federal...
Read more
, Ford Motor Co, the ride-sharing service Uber
and two other companies said on Tuesday they are
forming a coalition to push for federal...
Read more
BRIEF-Caesars Entertainment discloses certain information of restructuring process
* Caesars Entertainment Operating Co discloses information
in connection with discussions with certain creditors and other
parties as part of restructuring process
Read more
in connection with discussions with certain creditors and other
parties as part of restructuring process
Read more
UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes
* Sovereign wealth fund GIC also made management changes
(Adds quote from analyst, details on Temasek CEO)
Read more
(Adds quote from analyst, details on Temasek CEO)
Read more
BRIEF-Chorus aviation to acquire five Bombardier CRJ900 aircrafts
* Signed firm purchase agreement to acquire 5 bombardier
crj900 regional jets, with firm purchase rights for five
additional aircraft
Read more
crj900 regional jets, with firm purchase rights for five
additional aircraft
Read more
Deals of the day- Mergers and acquisitions
April 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Tuesday:
Read more
acquisitions and disposals were reported by 1000 GMT on Tuesday:
Read more
BRIEF-AstraZeneca, Ironwood agree U.S. licensing agreement
* Agreement includes U.S. rights to zurampic and
lesinurad/allopurinol fixed-dose combination in gout
Read more
lesinurad/allopurinol fixed-dose combination in gout
Read more
France to lend $340 mln to New Caledonia nickel group -media
Sydney, April 26 (Reuters) - France is set to provide 300
million euros ($340 million) in loans to New Caledonia nickel
producer Societe Le Nickel (SLN) as it struggles with weak
prices for the...
Read more
million euros ($340 million) in loans to New Caledonia nickel
producer Societe Le Nickel (SLN) as it struggles with weak
prices for the...
Read more
REFILE-Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources
SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
UPDATE 1-Safran Q1 revenue rises 7.8 pct, targets reaffirmed
PARIS, April 26 (Reuters) - France's Safran on
Tuesday posted a slightly higher-than-expected 7.8 percent
increase in first-quarter revenue to 4.24 billion euros ($4.77
billion), led by double-digit...
Read more
Tuesday posted a slightly higher-than-expected 7.8 percent
increase in first-quarter revenue to 4.24 billion euros ($4.77
billion), led by double-digit...
Read more
Monday, April 25, 2016
Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources
SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
Safran CEO declines comment on Zodiac, says new engine on track
PARIS, April 26 (Reuters) - The head of France's Safran
declined to comment on Tuesday on a recent report that
the company was considering making an offer for smaller
aerospace supplier Zodiac...
Read more
declined to comment on Tuesday on a recent report that
the company was considering making an offer for smaller
aerospace supplier Zodiac...
Read more
PRESS DIGEST - Wall Street Journal - April 26
April 26 (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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
Alibaba weighs appeal against HK panel ruling that healthcare deal broke takeover code
HONG KONG, April 26 (Reuters) - Chinese e-commerce giant
Alibaba Group Holding Ltd said it's considering whether
to launch an appeal against a Hong Kong regulator's finding that
it breached takeover...
Read more
Alibaba Group Holding Ltd said it's considering whether
to launch an appeal against a Hong Kong regulator's finding that
it breached takeover...
Read more
DuPont sales fall 5.5 pct in 1st quarter
April 25 (Reuters) - Chemicals and seed producer DuPont
reported a 5.5 percent fall in first-quarter sales,
mainly due to the strong dollar.
Read more
reported a 5.5 percent fall in first-quarter sales,
mainly due to the strong dollar.
Read more
PRESS DIGEST- Financial Times - April 26
April 26 (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
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Verisk Analytics signs definitive agreement to sell its healthcare services business to Veritas Capital for $820 mln
* Verisk analytics, inc., signs definitive agreement to sell
its healthcare services business to Veritas Capital for $820
million
Read more
its healthcare services business to Veritas Capital for $820
million
Read more
UPDATE 1-Husky selling part interest in midstream assets for C$1.7 bln
CALGARY, Alberta, April 25 (Reuters) - Oil and gas producer
Husky Energy reported a first-quarter loss on Monday
and said it has agreed to sell a partial interest in a package
of Canadian midstream...
Read more
Husky Energy reported a first-quarter loss on Monday
and said it has agreed to sell a partial interest in a package
of Canadian midstream...
Read more
UPDATE 2-U.S. approves Charter's Time Warner Cable buy with conditions
WASHINGTON, April 25 (Reuters) - The U.S. Justice Department
on Monday gave antitrust approval to Charter Communications
Inc's proposed purchase of Time Warner Cable Inc
and Bright House networks,...
Read more
on Monday gave antitrust approval to Charter Communications
Inc's proposed purchase of Time Warner Cable Inc
and Bright House networks,...
Read more
Nevsun Reservoir deal shows M&A appetite for quality mines -execs
VANCOUVER, April 25 (Reuters) - A tussle for control of a
promising copper project in Serbia shows there is appetite for
high quality mining assets in stable countries and may be a
harbinger of...
Read more
promising copper project in Serbia shows there is appetite for
high quality mining assets in stable countries and may be a
harbinger of...
Read more
UPDATE 2-Brazil's Oi starts $14.3 billion bond restructuring talks
SAO PAULO, April 25 (Reuters) - Oi SA on Monday
formally started talks to restructure $14.3 billion of bonds,
pitting some of the world's biggest investors against each other
as Brazil's...
Read more
formally started talks to restructure $14.3 billion of bonds,
pitting some of the world's biggest investors against each other
as Brazil's...
Read more
BRIEF-Green Hygienics to acquire vertical farming technology intellectual property
* Green hygienics signs loi to acquire vertical farming
technology intellectual property
Source text for Eikon:
Further company coverage:
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technology intellectual property
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Deals of the day-Mergers and acquisitions
April 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:
Read more
acquisitions and disposals were reported by 1330 GMT on Monday:
Read more
BRIEF-Zimmer Biomet to acquire Cayenne Medical
* Entered into a definitive agreement to acquire Scottsdale,
Arizona-based Cayenne Medical, Inc
Read more
Arizona-based Cayenne Medical, Inc
Read more
BRIEF-Core-Mark to buy Pine State Trading Company's convenience unit
* Mark signs definitive agreement to purchase Pine State
Trading Company's convenience division
Read more
Trading Company's convenience division
Read more
BRIEF-Pine State Trading Co sells convenience store division to Core-Mark
* Pine State Trading Co sells its convenience store division
to Core-Mark Holding Company Inc
Read more
to Core-Mark Holding Company Inc
Read more
REFILE-Gannett offers to buy Tribune Publishing
April 25 (Reuters) - Gannett Co Inc, the publisher
of USA Today, said it offered to buy Tribune Publishing Co
for $815 million, including the assumption of debt.
Read more
of USA Today, said it offered to buy Tribune Publishing Co
for $815 million, including the assumption of debt.
Read more
UPDATE 1-Gannett offers to buy Tribune Publishing
April 25 (Reuters) - Gannett Co Inc, the publisher
of USA Today, said it offered to buy Tribune Publishing Co
but the publisher of the Los Angeles Times refused to
begin constructive talks.
Read more
of USA Today, said it offered to buy Tribune Publishing Co
but the publisher of the Los Angeles Times refused to
begin constructive talks.
Read more
UPDATE 2-Philips likely to list lighting business on stock market
* Philips separating lighting to focus on healthcare tech
(Adds details on Philips Lighting and lighting market)
Read more
(Adds details on Philips Lighting and lighting market)
Read more
BRIEF-Redevco Iberian Ventures buys 6 retail parks for 95 mln Euros
* Redevco and Ares Management's Iberian joint venture makes
first acquisition of six retail parks from Bogaris for 95
million Euros
Read more
first acquisition of six retail parks from Bogaris for 95
million Euros
Read more
Philips CEO says Lumileds division performance to improve in H2
AMSTERDAM, April 25 (Reuters) - The performance of Philips'
up-for-sale Lumileds lighting components division is
expected to improve in the second part of 2016, CEO Frans van
Houten said on Monday.
Read more
up-for-sale Lumileds lighting components division is
expected to improve in the second part of 2016, CEO Frans van
Houten said on Monday.
Read more
Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln
April 25 (Reuters) - Drinks can maker Ball Corp said
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based Ardagh Group for
about $3.42 billion to meet antitrust...
Read more
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based Ardagh Group for
about $3.42 billion to meet antitrust...
Read more
UPDATE 1-Ball Corp, Rexam to sell some assets to Ardagh for $3.42 bln
April 25 (Reuters) - Drinks can maker Ball Corp said
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based packaging maker Ardagh Group
for about $3.42 billion to meet...
Read more
it along with British rival Rexam Plc agreed to sell
some assets to Luxembourg-based packaging maker Ardagh Group
for about $3.42 billion to meet...
Read more
Sunday, April 24, 2016
UPDATE 1-Nevsun Resources to buy Reservoir Minerals for $365 mln
April 24 (Reuters) - Canadian miner Nevsun Resources Ltd
said it has agreed to buy Reservoir Minerals Inc
for about $365 million in cash and stock.
Read more
said it has agreed to buy Reservoir Minerals Inc
for about $365 million in cash and stock.
Read more
INSIGHT-Yieldcos enabled SunEdison's debt-fueled acquisition spree
April 25 (Reuters) - At an early 2015 investor conference,
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a...
Read more
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a...
Read more
PRESS DIGEST- British Business - April 25
April 25 (Reuters) - 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
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
BRIEF-Nevsun Resources and Reservoir Minerals merge
* Nevsun Resources and Reservoir Minerals combine and
consolidate Timok copper project ownership
Read more
consolidate Timok copper project ownership
Read more
PRESS DIGEST- Financial Times - April 25
April 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
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Bombardier says Iranian sales talks progress, denies new airline
Montreal, April 24 (Reuters) - Reports that Bombardier Inc
is involved in launching an airline in Iran are
inaccurate, the Canadian planemaker said on Sunday, although it
confirmed it was in talks...
Read more
is involved in launching an airline in Iran are
inaccurate, the Canadian planemaker said on Sunday, although it
confirmed it was in talks...
Read more
Ford not interested in tie-up with Fiat Chrysler -CEO Fields
BEIJING, April 23 (Reuters) - Ford Motor Co is not
interested in a tie-up with Fiat Chrysler Automobiles NV
, Chief Executive Mark Fields said on Saturday, when
asked about FCA head Sergio...
Read more
interested in a tie-up with Fiat Chrysler Automobiles NV
, Chief Executive Mark Fields said on Saturday, when
asked about FCA head Sergio...
Read more
Saturday, April 23, 2016
Pemex raises death toll at petrochemical plant explosion to 28
COATZACOALCOS, Mexico, April 22 (Reuters) - Mexican state
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to...
Read more
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to...
Read more
Friday, April 22, 2016
BRIEF-China keli announces establishment of a special committee
* Established special committee to consider non-binding
offer and conduct further negotiations with 1062560 b.c. Ltd
Source text for Eikon:
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offer and conduct further negotiations with 1062560 b.c. Ltd
Source text for Eikon:
Further company coverage:
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Bankruptcy judge puts off decision on SunEdison independent examiner
NEW YORK, April 22 (Reuters) - A U.S. bankruptcy judge on
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
UPDATE 1-Halliburton says it cut 6,000 jobs in Q1, delays earnings call
April 22 (Reuters) - Halliburton Co said on Friday
that it cut more than 6,000 jobs in the first quarter, during
which revenue slumped 40.4 percent and it took a $2.1 billion
restructuring charge...
Read more
that it cut more than 6,000 jobs in the first quarter, during
which revenue slumped 40.4 percent and it took a $2.1 billion
restructuring charge...
Read more
UPDATE 1-ValueAct taps renowned lawyer Boies to defend U.S. lawsuit
NEW YORK, April 22 (Reuters) - ValueAct Capital, the $16
billion hedge fund, has hired renowned attorney David Boies,
according to a court filing on Friday, in a sign of the activist
investor's...
Read more
billion hedge fund, has hired renowned attorney David Boies,
according to a court filing on Friday, in a sign of the activist
investor's...
Read more
Deals of the day- Mergers and acquisitions
April 22 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
Read more
acquisitions and disposals were reported by 2000 GMT on Friday:
Read more
SunEdison plans to keep investments in Latam solar market
SAO PAULO, April 22 (Reuters) - U.S. renewable energy
company SunEdison Inc hopes to maintain its
investments in Latin America's solar energy market despite
filing for bankruptcy on Thursday, a...
Read more
company SunEdison Inc hopes to maintain its
investments in Latin America's solar energy market despite
filing for bankruptcy on Thursday, a...
Read more
UPDATE 1-Citigroup, U.S. Bancorp exit money-losing Brazil card venture
SAO PAULO, April 22 (Reuters) - Citigroup Inc and U.S.
Bancorp have agreed to sell Brazilian card payment
processing joint venture Elavon do Brasil to a local rival for
an undisclosed sum, ending...
Read more
Bancorp have agreed to sell Brazilian card payment
processing joint venture Elavon do Brasil to a local rival for
an undisclosed sum, ending...
Read more
Diagnostics company Alere hit with securities fraud class action
NEW YORK, April 22 (Reuters) - Diagnostics company Alere Inc
has been hit with a securities fraud lawsuit accusing it
of artificially inflating its share prices ahead of the Feb. 1
announcement of...
Read more
has been hit with a securities fraud lawsuit accusing it
of artificially inflating its share prices ahead of the Feb. 1
announcement of...
Read more
Odebrecht selling its 55 pct stake in $5 bln pipeline in Peru
LIMA, April 22 (Reuters) - Odebrecht SA, the
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in...
Read more
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in...
Read more
UPDATE 1-Odebrecht selling 55 pct stake in $5 bln natgas Peru pipeline
LIMA, April 22 (Reuters) - Odebrecht SA, the
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in...
Read more
engineering company at the center of a massive graft probe in
Brazil, is selling its 55 percent stake in a $5 billion natural
gas pipeline project in...
Read more
UPDATE 1-Bidding for Nice airport extended by two weeks
PARIS, April 22 (Reuters) - France has extended its bidding
deadline for the privatisation of Nice airport by two weeks, the
economy ministry said on Friday, confirming what three sources
had told...
Read more
deadline for the privatisation of Nice airport by two weeks, the
economy ministry said on Friday, confirming what three sources
had told...
Read more
W. Virginia regulator says Alpha Natural asset sale may jeopardize cleanup
CHICAGO, April 22 (Reuters) - West Virginia's environmental
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court...
Read more
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court...
Read more
BRIEF-Mainstreet Health Investments says agreements to acquire 13 Seniors Housing And Care Properties
* Mainstreet health investments inc. Announces filing of a
preliminary prospectus and agreements to acquire thirteen
seniors housing and care properties
Read more
preliminary prospectus and agreements to acquire thirteen
seniors housing and care properties
Read more
Dividend recap deals return as junk bonds heat up
NEW YORK, April 22 (IFR) - In another sign that the US junk
bond market has turned the corner, syndicate desks are prepping
a number of deals that pay juicy dividends to private equity
sponsors.
Read more
bond market has turned the corner, syndicate desks are prepping
a number of deals that pay juicy dividends to private equity
sponsors.
Read more
BRIEF-Changchun Sinoenergy plans acquisition of Canada's Long Run Exploration
* Says it aims to raise up to 2.3 billion yuan ($354.06
million) in private placement of shares to fund project,
acquisition, repay loans and replenish capital
Read more
million) in private placement of shares to fund project,
acquisition, repay loans and replenish capital
Read more
BRIEF-Entertainment Gaming Asia inc.'s subsidiary to sell assets to Gaming Partners International
* Entertainment Gaming Asia inc.'s Dolphin products
subsidiary enters into binding letter of intent to sell its
assets to gaming partners international corporation
Read more
subsidiary enters into binding letter of intent to sell its
assets to gaming partners international corporation
Read more
BRIEF-Three first Niagara directors to join Keycorp's board
* Says merger agreement between Keycorp, first Niagara
provides three members of first Niagara's board would be
appointed as directors
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provides three members of first Niagara's board would be
appointed as directors
Source text for Eikon:
Further company coverage:
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BRIEF-China Automotive divests Fujian Qiaolong Special Purpose Vehicle Co.
* China automotive systems announces divestment of fujian
qiaolong special purpose vehicle co., ltd.
Read more
qiaolong special purpose vehicle co., ltd.
Read more
UPDATE 1-Safran offer for Zodiac Aerospace "not on the agenda" - source
PARIS, April 22 (Reuters) - An offer by French aerospace
group Safran for Zodiac Aerospace is "not on
the agenda", a source close to Safran said on Friday, dampening
speculation of a major tie-up in...
Read more
group Safran for Zodiac Aerospace is "not on
the agenda", a source close to Safran said on Friday, dampening
speculation of a major tie-up in...
Read more
BRIEF-Tarkett does not see double-digit growth for FY in North America - conf call
* Says it will not end up with double-digit growth rate for
the year in North America - conference call
Read more
the year in North America - conference call
Read more
Safran offer for Zodiac Aerospace "not on the agenda" - source
PARIS, April 22 (Reuters) - An offer by French aerospace
group Safran for Zodiac Aerospace "is not on
the agenda," a source close to Safran said on Friday.
Read more
group Safran for Zodiac Aerospace "is not on
the agenda," a source close to Safran said on Friday.
Read more
Carlos Slim target FCC buys back debt at discount -source
MADRID, April 22 (Reuters) - Spanish construction group FCC
has reached a deal with creditor banks to buy back
close to 400 million euros ($451 million) of debt at a discount,
a source familiar with...
Read more
has reached a deal with creditor banks to buy back
close to 400 million euros ($451 million) of debt at a discount,
a source familiar with...
Read more
Thursday, April 21, 2016
Bankrupt SunEdison to keep India expansion plans -Asia head
MUMBAI, April 22 (Reuters) - U.S. renewable energy company
SunEdison Inc expects to finalise within two months
partners for around 1.7 gigawatts of planned projects in India,
its Asia head told...
Read more
SunEdison Inc expects to finalise within two months
partners for around 1.7 gigawatts of planned projects in India,
its Asia head told...
Read more
CORRECTED-UPDATE 1-SecureWorks raises $112 million in year's first technology IPO
April 21 (Reuters) - Dell Inc's cyber security unit
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid...
Read more
SecureWorks Corp raised $112 million in the first U.S.
initial public offering of a technology company in 2016, less
than it had hoped for, amid...
Read more
UPDATE 2-Aeropostale preparing for bankruptcy as soon as this month - Bloomberg
April 21 (Reuters) - Struggling teen apparel retailer
Aeropostale Inc is preparing to file for bankruptcy as
soon as this month, Bloomberg reported, citing people familiar
with the matter.
Read more
Aeropostale Inc is preparing to file for bankruptcy as
soon as this month, Bloomberg reported, citing people familiar
with the matter.
Read more
UPDATE 1-Zodiac Aero 'not for sale' as Safran reported mulling offer
PARIS, April 21 (Reuters) - France's Zodiac Aerospace
said on Thursday it was "not for sale" after a report
that larger French aerospace group Safran was
considering making an offer.
Read more
said on Thursday it was "not for sale" after a report
that larger French aerospace group Safran was
considering making an offer.
Read more
PRESS DIGEST- British Business - April 22
April 22 (Reuters) - 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
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
BRIEF-Disney's ABC says it reached agreement to end joint ownership of fusion with Univison becoming the sole owner- CNBC
* Disney's ABC says it reached agreement to end joint
ownership of fusion with Univison becoming the sole owner- Cnbc
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S....
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ownership of fusion with Univison becoming the sole owner- Cnbc
Further company coverage:
(Bengaluru Newsroom +91 80 6749-1130; within U.S....
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European drivers bristle as VW reaches U.S. diesel deal
FRANKFURT/LONDON, April 21 (Reuters) - European owners of
Volkswagen cars read the details of a deal to
compensate U.S. drivers for the diesel emissions scandal with
frustration as their wait for...
Read more
Volkswagen cars read the details of a deal to
compensate U.S. drivers for the diesel emissions scandal with
frustration as their wait for...
Read more
UPDATE 1-Visa drops earn-out portion of Visa Europe deal, cuts forecast
April 18 (Reuters) - Visa Inc, the world's largest
payments network operator, said it increased the cash
consideration of its deal to buy Visa Europe and eliminated the
earn-out portion.
Read more
payments network operator, said it increased the cash
consideration of its deal to buy Visa Europe and eliminated the
earn-out portion.
Read more
UPDATE 2-Blackstone eyes bargains after Q1 earnings miss forecast
NEW YORK, April 21 (Reuters) - Blackstone Group, the
world's largest alternative asset manager, on Thursday posted
unexpectedly weak earnings growth between January and March, hit
by a difficult...
Read more
world's largest alternative asset manager, on Thursday posted
unexpectedly weak earnings growth between January and March, hit
by a difficult...
Read more
UPDATE 2-Mexico's Pemex says blast death toll hits 13, blames leak
MEXICO CITY, April 21 (Reuters) - An accidental leak caused
a deadly petrochemical plant blast that has killed at least 13
people and the toll could rise, Mexican oil company Pemex said
on Thursday,...
Read more
a deadly petrochemical plant blast that has killed at least 13
people and the toll could rise, Mexican oil company Pemex said
on Thursday,...
Read more
UPDATE 1-SunEdison files for Chapter 11 bankruptcy protection
April 21 (Reuters) - U.S. solar energy company SunEdison Inc
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
Dish, Viacom deadline passes with no programming deal announced
NEW YORK, April 21 (Reuters) - A midnight deadline has
passed without the announcement of a programming deal between
Viacom Inc and Dish Network Corp.
Read more
passed without the announcement of a programming deal between
Viacom Inc and Dish Network Corp.
Read more
BRIEF-Spin Master to acquire Toca Boca and Sago Mini companies from Bonnier Group of Sweden
* To acquire Toca Boca and Sago Mini companies from Bonnier
Group of Sweden
Source text for Eikon:
Further company coverage:
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Group of Sweden
Source text for Eikon:
Further company coverage:
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UPDATE 1-Britain says could take 25 pct equity stake in Tata Steel UK assets
LONDON, April 21 (Reuters) - Britain said on Thursday it
could take an equity stake of up to 25 percent in Tata's
UK steel assets as part of a package of hundreds of
millions of pounds of financing...
Read more
could take an equity stake of up to 25 percent in Tata's
UK steel assets as part of a package of hundreds of
millions of pounds of financing...
Read more
China's Ctrip to invest $463 mln in China Eastern Airlines
BEIJING, April 21 (Reuters) - Ctrip.com International Ltd
, China's biggest online travel agency, has agreed to
invest 3 billion yuan ($463 million) in China Eastern Airlines
through a private share...
Read more
, China's biggest online travel agency, has agreed to
invest 3 billion yuan ($463 million) in China Eastern Airlines
through a private share...
Read more
Consolidated Edison, Crestwood form pipeline and storage JV
April 21 (Reuters) - Consolidated Edison Inc said its
unit would purchase a 50 percent stake in a new entity that will
hold Crestwood Equity Partners LP's natural gas
pipeline and storage business...
Read more
unit would purchase a 50 percent stake in a new entity that will
hold Crestwood Equity Partners LP's natural gas
pipeline and storage business...
Read more
UPDATE 1-K+S CEO says salt business a strategic pillar
FRANKFURT, April 21 (Reuters) - The chief executive of K+S
on Thursday said the German potash and salt miner's
salt business was a strategic business pillar and affirmed the
group's 2020 operating...
Read more
on Thursday said the German potash and salt miner's
salt business was a strategic business pillar and affirmed the
group's 2020 operating...
Read more
EU regulators extend Hutchison, Vimpelcom deal probe by a week
BRUSSELS, April 21 - European Union antitrust regulators
have extended their investigation into a plan by CK Hutchison
Holdings and Vimpelcom to merge their Italian
mobile businesses after the...
Read more
have extended their investigation into a plan by CK Hutchison
Holdings and Vimpelcom to merge their Italian
mobile businesses after the...
Read more
UPDATE 1-UK Stocks-Factors to watch on April 21
April 21 (Reuters) - Britain's FTSE 100 index is seen opening up 15
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures up 0.12 percent ahead of the cash market open....
Read more
points, or 0.2 percent, on Thursday, according to financial bookmakers, with
futures up 0.12 percent ahead of the cash market open....
Read more
AbbVie gets option on early Argenx cancer drug for $40 mln
April 21 (Reuters) - AbbVie has acquired an option
on an early-stage immuno-oncology drug from biotech company
Argenx, giving the U.S. drugmaker access to a
treatment with the potential to block a...
Read more
on an early-stage immuno-oncology drug from biotech company
Argenx, giving the U.S. drugmaker access to a
treatment with the potential to block a...
Read more
Wednesday, April 20, 2016
PRESS DIGEST- British Business - April 21
April 21 (Reuters) - 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
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
At least 40 injured in blast at Mexico petrochemical facility
MEXICO CITY, April 20 (Reuters) - At least 40 people were
injured on Wednesday in an explosion that rocked a major
petrochemical facility of Mexican national oil company Pemex,
according to state...
Read more
injured on Wednesday in an explosion that rocked a major
petrochemical facility of Mexican national oil company Pemex,
according to state...
Read more
UPDATE 4-United Airlines bows to activists, adds directors
April 20 (Reuters) - The agreement by United Continental
Holdings Inc to install airline industry veteran Robert
Milton as non-executive chairman represents a partial victory
for two first-time...
Read more
Holdings Inc to install airline industry veteran Robert
Milton as non-executive chairman represents a partial victory
for two first-time...
Read more
Canada says Bombardier talks focus on research, jobs, headquarters
OTTAWA, April 20 (Reuters) - Canada will not give struggling
aircraft maker Bombardier Inc federal aid without
assurances on jobs, investment in research and the location of
the company's...
Read more
aircraft maker Bombardier Inc federal aid without
assurances on jobs, investment in research and the location of
the company's...
Read more
BRIEF-Hansen Medical Inc says Hansen may be required to pay parent termination fee of $3.325 mln, if Co were to terminate merger agreement
* Hansen may be required to pay parent a termination fee of
$3.325 million, if hansen were to terminate merger agreement
Source text [http://1.usa.gov/1SbJOI3]
Further company coverage:
...
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$3.325 million, if hansen were to terminate merger agreement
Source text [http://1.usa.gov/1SbJOI3]
Further company coverage:
...
Read more
Conforama increases Darty offer to 138 pence per share
April 20 (Reuters) - Conforama has increased its cash offer
for shares in electronics retailer Darty Plc it does
not already own to 138 pence per share, Conforama's parent
company said on Wednesday.
Read more
for shares in electronics retailer Darty Plc it does
not already own to 138 pence per share, Conforama's parent
company said on Wednesday.
Read more
UPDATE 2-Daily Mail says may partner to bid for Yahoo
* Eleven brokerages raise their price target on Yahoo
(Adds details, analysts' comments, updates shares)
Read more
(Adds details, analysts' comments, updates shares)
Read more
BRIEF-Liberty Global receives shareholder approval for acquisition of Cable & Wireless Communications PLC
* Liberty Global receives shareholder approval for
acquisition of Cable & Wireless Communications PLC
Read more
acquisition of Cable & Wireless Communications PLC
Read more
UPDATE 3-Alere shares sink after Abbott CEO fuels speculation deal at risk
April 20 (Reuters) - Abbott Laboratories Inc's chief
executive said on Wednesday it would not be appropriate to
comment on whether the company was committed to buying
diagnostics company Alere Inc,...
Read more
executive said on Wednesday it would not be appropriate to
comment on whether the company was committed to buying
diagnostics company Alere Inc,...
Read more
Emerson launches sale of Motors and Drives unit - sources
FRANKFURT/LONDON, April 20 (Reuters) - Emerson Electric is
launching the sale of its Motors and Drives unit, which could be
valued at up to $800 million, as the U.S. group focuses on
divisions...
Read more
launching the sale of its Motors and Drives unit, which could be
valued at up to $800 million, as the U.S. group focuses on
divisions...
Read more
EMG-backed oil firm buys shale acreage from Devon, changes name
HOUSTON, April 20 (Reuters) - Oil producer American
Energy-Woodford LLC, controlled by private equity firm Energy
and Minerals Group (EMG) and founded with the late energy
wildcatter Aubrey...
Read more
Energy-Woodford LLC, controlled by private equity firm Energy
and Minerals Group (EMG) and founded with the late energy
wildcatter Aubrey...
Read more
Daily Mail says has not submitted bid for Yahoo's internet assets
April 20 (Reuters) - The parent of Britain's Daily Mail said
on Wednesday that it had not submitted a bid to acquire Yahoo
Inc's core Internet business, but it was in talks with
others who could...
Read more
on Wednesday that it had not submitted a bid to acquire Yahoo
Inc's core Internet business, but it was in talks with
others who could...
Read more
BRIEF-Inventrust Properties says bought Stevenson Ranch Plaza in Los Angeles for $72.5 mln
* Inventrust Properties Corp announces acquisition of
Stevenson Ranch Plaza in Los Angeles, California
Read more
Stevenson Ranch Plaza in Los Angeles, California
Read more
BRIEF-Lexmark International says termination fee of $95 mln will be payable if merger breaks up
* Says termination fee of $95 million will be payable by co
to buyers if merger breaks up under certain circumstances
Read more
to buyers if merger breaks up under certain circumstances
Read more
Thai coal miner Banpu makes first investment in U.S. shale
BANGKOK, April 20 (Reuters) - Banpu Pcl,
Thailand's largest coal miner, said on Wednesday it had spent
$112 million to buy a 29.4 percent stake in the Chaffee Corners
Joint Exploration Agreement...
Read more
Thailand's largest coal miner, said on Wednesday it had spent
$112 million to buy a 29.4 percent stake in the Chaffee Corners
Joint Exploration Agreement...
Read more
Genmab raises 2016 guidance on strong Darzalex sales
COPENHAGEN, April 20 (Reuters) - Danish biotech company
Genmab raised its financial guidance for 2016 on
Wednesday due to "robust" sales of its blood cancer drug
Darzalex since it was launched in...
Read more
Genmab raised its financial guidance for 2016 on
Wednesday due to "robust" sales of its blood cancer drug
Darzalex since it was launched in...
Read more
Tuesday, April 19, 2016
PRESS DIGEST- New York Times business news - April 20
April 20 (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
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
REFILE-China's CIC, KKR consortium in talks to buy control of Yum China unit -sources
HONG KONG/SINGAPORE, April 20 (Reuters) - A group of
investors comprising sovereign wealth fund China Investment Corp
(CIC), KKR & Co and Baring Private Equity Asia is in
talks to buy a controlling...
Read more
investors comprising sovereign wealth fund China Investment Corp
(CIC), KKR & Co and Baring Private Equity Asia is in
talks to buy a controlling...
Read more
SK Innovation considers electric car battery factory in China
SEOUL, April 20 (Reuters) - SK Innovation Co Ltd
on Wednesday said it is considering building electric vehicle
batteries in China, joining the race by South Korean firms to
build capacity in the...
Read more
on Wednesday said it is considering building electric vehicle
batteries in China, joining the race by South Korean firms to
build capacity in the...
Read more
CORRECTED-Consortium led by China's Apex Technology to buy Lexmark for $3.6 bln
April 19 (Reuters) - Printer maker Lexmark International Inc
has agreed to be acquired by a group of investors led by
China-based Apex Technology Co Ltd and PAG Asia
Capital in a deal valued at $3.6...
Read more
has agreed to be acquired by a group of investors led by
China-based Apex Technology Co Ltd and PAG Asia
Capital in a deal valued at $3.6...
Read more
UPDATE 4-Yahoo results edge past estimates in good sign for sale of business
San Francisco April 19 (Reuters) - Yahoo Inc's
first-quarter results beat Wall Street estimates by a hair on
Tuesday in what was taken as a good sign for the web pioneer's
plan to auction its core...
Read more
first-quarter results beat Wall Street estimates by a hair on
Tuesday in what was taken as a good sign for the web pioneer's
plan to auction its core...
Read more
UPDATE 2-Chevron to sell Hawaii refinery to private equity group
HOUSTON, April 19 (Reuters) - Chevron Corp has
signed an agreement to sell its Hawaii refinery to private
equity firm One Rock Capital Partners, ending a more-than six
year quest to sell an asset not...
Read more
signed an agreement to sell its Hawaii refinery to private
equity firm One Rock Capital Partners, ending a more-than six
year quest to sell an asset not...
Read more
BRIEF-Inca One Gold announces debt restructuring
* Inca One Gold Corp announces debt restructuring and
USD$3.0 million convertible debenture offering
Read more
USD$3.0 million convertible debenture offering
Read more
Consortium led by China's Apex Technology to buy Lexmark for $3.6 bln
April 19 (Reuters) - Printer maker Lexmark International Inc
has agreed to be acquired by a group of investors led by
China-based Apex Technology Co Ltd and PAG Asia
Capital in a deal valued at $3.6...
Read more
has agreed to be acquired by a group of investors led by
China-based Apex Technology Co Ltd and PAG Asia
Capital in a deal valued at $3.6...
Read more
BRIEF-HF Financial says its merger into Great Western is expected to close on or about May 13
* Says merger of hf financial into great western is expected
to close on or about may 13, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
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to close on or about may 13, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-U.S. judge in Staples fight with FTC pushes back at firm's arguments
WASHINGTON, April 19 (Reuters) - The judge hearing a fight
between the U.S. government and Staples Inc over
whether the No. 1 office supply store may merge with a smaller
rival expressed doubt on...
Read more
between the U.S. government and Staples Inc over
whether the No. 1 office supply store may merge with a smaller
rival expressed doubt on...
Read more
UPDATE 2-Randgold in Congo gold venture with Israel's Gertler, state miner
KINSHASA, April 19 (Reuters) - Randgold Resources
has entered a joint venture in Democratic Republic of Congo with
a company controlled by Israeli billionaire Dan Gertler and a
state miner, the...
Read more
has entered a joint venture in Democratic Republic of Congo with
a company controlled by Israeli billionaire Dan Gertler and a
state miner, the...
Read more
VW "Dieselgate" software developed at Audi in 1999 -report
BERLIN, April 19 (Reuters) - German carmaker Audi created
so-called defeat devices which cut emissions in 1999, years
before parent company Volkswagen (VW) used them to
cheat diesel emissions tests,...
Read more
so-called defeat devices which cut emissions in 1999, years
before parent company Volkswagen (VW) used them to
cheat diesel emissions tests,...
Read more
U.S. tells court Staples, Office Depot touted 2-player market
WASHINGTON, April 19 (Reuters) - No. 1 office supply store
Staples Inc and its biggest rival Office Depot Inc
have both touted the office supply market as having just
two major players, the U.S....
Read more
Staples Inc and its biggest rival Office Depot Inc
have both touted the office supply market as having just
two major players, the U.S....
Read more
BRIEF-La Caisse invests in Spectra Premium to reorganize share ownership
* La Caisse invests in Spectra Premium to reorganize the
share ownership, in partnership with Fondaction CSN and the
Fonds De Solidarité Ftq
Read more
share ownership, in partnership with Fondaction CSN and the
Fonds De Solidarité Ftq
Read more
Randgold signs joint venture for gold project in Congo
KINSHASA, April 19 (Reuters) - Randgold Resources
has entered a joint venture in Democratic Republic of Congo with
a company controlled by Israeli billionaire Dan Gertler and a
state miner, the...
Read more
has entered a joint venture in Democratic Republic of Congo with
a company controlled by Israeli billionaire Dan Gertler and a
state miner, the...
Read more
GP Investments unit to buy Corelle dinnerware maker in $566 mln deal
April 19 (Reuters) - GP Investments Acquisition Corp (GPIAC)
said it agreed to buy the owner of World Kitchen LLC,
which makes Pyrex and Corelle kitchenware, in a $566 million
cash-and-stock deal.
Read more
said it agreed to buy the owner of World Kitchen LLC,
which makes Pyrex and Corelle kitchenware, in a $566 million
cash-and-stock deal.
Read more
Deals of the day- Mergers and acquisitions
April 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1325 GMT on Tuesday:
Read more
acquisitions and disposals were reported by 1325 GMT on Tuesday:
Read more
BRIEF-Jack Henry to sell alogent division to Antelope Acquisition
* Jack henry & associates says entered into a definitive
agreement to sell its alogent division to antelope acquisition
co, an affiliate of battery ventures
Read more
agreement to sell its alogent division to antelope acquisition
co, an affiliate of battery ventures
Read more
BRIEF-McCormick & Co buys Botanical Food Company for $114 mln
* McCormick & Company acquires botanical food company, a
global leader in chilled convenient herbs
Read more
global leader in chilled convenient herbs
Read more
UPDATE 1-Pacific Exploration in restructuring deal with Catalyst Capital
April 19 (Reuters) - Pacific Exploration and Production Corp
said it reached a deal with debtholders, including
Catalyst Capital Group Inc, to convert almost all of its debt to
equity as it looks to...
Read more
said it reached a deal with debtholders, including
Catalyst Capital Group Inc, to convert almost all of its debt to
equity as it looks to...
Read more
BRIEF-AAC Holdings buys Texas hotel for $5.35 million in cash
* AAC Holdings continues expansion of outpatient strategy
with acquisition of Sober Living Beds in Arlington, Texas for
$5.35 million
Read more
with acquisition of Sober Living Beds in Arlington, Texas for
$5.35 million
Read more
UPDATE 1-UK Stocks-Factors to watch on April 19
April 19 (Reuters) - Britain's FTSE 100 index is seen opening down
13 points, or 0.2 percent, on Tuesday, according to financial bookmakers, with
futures up 0.13 percent ahead of the cash market...
Read more
13 points, or 0.2 percent, on Tuesday, according to financial bookmakers, with
futures up 0.13 percent ahead of the cash market...
Read more
Monday, April 18, 2016
China sovereign fund to seek majority control of Yum unit-Bloomberg
April 18 (Reuters) - China Investment Corp, China's
state-owned sovereign wealth fund, is backing a group of
investors who have expressed interest in buying a majority stake
in Yum Brands Inc's China...
Read more
state-owned sovereign wealth fund, is backing a group of
investors who have expressed interest in buying a majority stake
in Yum Brands Inc's China...
Read more
BRIEF-Pan American Silver and Macmillan Minerals announce arrangement with Maverix Metals to form a new metal royalty and streaming company
* Macmillan Minerals Inc - Pan American Silver and
Macmillan Minerals announce arrangement with Maverix Metals to
form a new metal royalty and streaming company led by former Pan
American Silver CEO
Read more
Macmillan Minerals announce arrangement with Maverix Metals to
form a new metal royalty and streaming company led by former Pan
American Silver CEO
Read more
PRESS DIGEST- Financial Times - April 19
April 18 (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
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
PRESS DIGEST- British Business - April 19
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
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Sunopta announces amendments to shareholder rights plan
* Amendments were made in response to comments from iss
proxy advisory services, a branch of institutional shareholder
services inc
Source text for Eikon:
Further company coverage:
(Bengaluru...
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proxy advisory services, a branch of institutional shareholder
services inc
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
BRIEF-50 South Capital Advisors and Aurora Investment Management terminate acquisition agreement
* 50 South Capital Advisors and Aurora Investment Management
terminate acquisition agreement
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
terminate acquisition agreement
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
BRIEF-Verizon and Hearst Enter Into Agreement to Acquire Complex to Expand Joint Portfolio of Millennial Digital Video Channels
* Verizon and Hearst Enter Into Agreement to Acquire Complex
to Expand Joint Portfolio of Millennial Digital Video Channels
Read more
to Expand Joint Portfolio of Millennial Digital Video Channels
Read more
RPT-UPDATE 1-Australia funds lead bids for $4.1 bln Port of Melbourne sale -sources
SYDNEY, April 18 (Reuters) - Three consortia of Australian
and international funds have submitted bids for a 50-year lease
of the Port of Melbourne, Australia's biggest shipping container
terminal,...
Read more
and international funds have submitted bids for a 50-year lease
of the Port of Melbourne, Australia's biggest shipping container
terminal,...
Read more
BRIEF-YP Holdings will submit a first-round offer for Yahoo's core internet assets - source
YP Holdings will submit a first-round offer for Yahoo's core
internet assets - source
Further company coverage:
)
Read more
internet assets - source
Further company coverage:
)
Read more
BRIEF-Sienna Senior Living purchases assets for about $255 mln in British Columbia
* Sienna Senior Living announces significant expansion in
British Columbia and $120 million bought deal public offering of
subscription receipts
Read more
British Columbia and $120 million bought deal public offering of
subscription receipts
Read more
BRIEF-Arthur J. Gallagher & Co. Acquires KDC Associates, LLC
* Says terms of transaction were not disclosed
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Energy Transfer lawyers may not be able to issue tax opinion
NEW YORK, April 18 (Reuters) - U.S. pipeline company Energy
Transfer Equity said on Monday its lawyers may not be
able to deliver a tax opinion for its takeover of rival Williams
Cos Inc, and the two...
Read more
Transfer Equity said on Monday its lawyers may not be
able to deliver a tax opinion for its takeover of rival Williams
Cos Inc, and the two...
Read more
UPDATE 3-Caixabank makes new bid to take control of Banco BPI
* Regulatory, political pressure on Isabel dos Santos
(Updates with analyst comment, background)
Read more
(Updates with analyst comment, background)
Read more
Hutchison in make-or-break decision as EU veto on O2 deal looms
AMSTERDAM, April 18 - CK Hutchison Holdings faces
a make-or-break moment as it ponders whether to ramp up
concessions or face an EU regulatory veto over its
10.3-billion-pound ($14.6 billion) bid to...
Read more
a make-or-break moment as it ponders whether to ramp up
concessions or face an EU regulatory veto over its
10.3-billion-pound ($14.6 billion) bid to...
Read more
BRIEF-Goldman Sachs, USA acquires online deposit platform from GE Capital Bank
* Goldman Sachs Bank USA completes acquisition of online
deposit platform from ge capital bank
Further company coverage:
Read more
deposit platform from ge capital bank
Further company coverage:
Read more
Malaysia's 1MDB says it will meet other obligations amid debt dispute with IPIC
KUALA LUMPUR, April 18 (Reuters) - Malaysian state fund
1Malaysia Development Berhad (1MDB) said on Monday it would meet
all its "other" financial obligations, after an Abu Dhabi
sovereign fund said...
Read more
1Malaysia Development Berhad (1MDB) said on Monday it would meet
all its "other" financial obligations, after an Abu Dhabi
sovereign fund said...
Read more
UPDATE 1-China's Hebei signs agreement to buy Serbian steel plant
SMEDEREVO, Serbia, April 18 (Reuters) - China's Hebei Iron &
Steel Group signed a 46 million euro ($52 million)
agreement on Monday to buy a loss-making Serbian steel plant in
the first major...
Read more
Steel Group signed a 46 million euro ($52 million)
agreement on Monday to buy a loss-making Serbian steel plant in
the first major...
Read more
Spain's Abertis, Brookfield to launch bid for Brazil's Arteris
MADRID, April 18 (Reuters) - Spain's Abertis said
on Monday that, together with a unit of Canada's Brookfield
Asset Management, it will launch a bid for the shares
of Brazil's Arteris it doesn't...
Read more
on Monday that, together with a unit of Canada's Brookfield
Asset Management, it will launch a bid for the shares
of Brazil's Arteris it doesn't...
Read more
UPDATE 1-UK Stocks-Factors to watch on April 18
April 18 (Reuters) - Britain's FTSE 100 index is seen opening down
58 points, or 0.9 percent, on Monday, according to financial bookmakers, with
futures down 0.96 percent ahead of the cash market...
Read more
58 points, or 0.9 percent, on Monday, according to financial bookmakers, with
futures down 0.96 percent ahead of the cash market...
Read more
UPDATE 1-Australia funds lead bids for $4.1 bln Port of Melbourne sale -sources
* Strong interest expected - Victoria treasurer spokesman
(Adds industry context, comment from Victoria state)
Read more
(Adds industry context, comment from Victoria state)
Read more
Sunday, April 17, 2016
PRESS DIGEST - Wall Street Journal - April 18
April 18 (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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
PRESS DIGEST- New York Times business news - April 18
April 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
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Australia funds lead 3 consortia bids in $4.1 bln Port of Melbourne sale - sources
SYDNEY, April 18 (Reuters) - Three consortia of Australian
and international funds have submitted bids for a 50-year lease
of the Port of Melbourne, Australia's biggest shipping container
terminal,...
Read more
and international funds have submitted bids for a 50-year lease
of the Port of Melbourne, Australia's biggest shipping container
terminal,...
Read more
BRIEF-Time inc won't move ahead with bid for yahoo- Dow jones, citing source
* Alphabet Inc, Comcast Corp, AT&T Inc and
IAC/Interactivecorp have opted not to bid for Yahoo- Dow jones,
citing source
Read more
IAC/Interactivecorp have opted not to bid for Yahoo- Dow jones,
citing source
Read more
UPDATE 1-AstraZeneca has held internal talks for Medivation bid -Sunday Times
April 17 (Reuters) - Drugmaker AstraZeneca Plc has
held internal talks about a bid for cancer treatment maker
Medivation Inc but has yet to make a formal offer, the
Sunday Times reported, citing...
Read more
held internal talks about a bid for cancer treatment maker
Medivation Inc but has yet to make a formal offer, the
Sunday Times reported, citing...
Read more
AstraZeneca has held internal talks for Medivation bid -Sunday Times
April 17 (Reuters) - Drugmaker AstraZeneca Plc has
held internal talks about a bid for Medivation Inc but
has yet to make a formal offer, the Sunday Times reported,
citing sources.
Read more
held internal talks about a bid for Medivation Inc but
has yet to make a formal offer, the Sunday Times reported,
citing sources.
Read more
BRIEF-Astrazeneca has held internal talks about a bid for Medivation Inc looking very closely at an offer- Sunday Times, citing sources
* Astrazeneca has held internal talks about a bid for
Medivation Inc; looking very closely at an offer- Sunday Times,
citing sources
Source text : (http://bit.ly/1Sfk0Hv)
(Bengaluru Newsroom +91...
Read more
Medivation Inc; looking very closely at an offer- Sunday Times,
citing sources
Source text : (http://bit.ly/1Sfk0Hv)
(Bengaluru Newsroom +91...
Read more
UPDATE 1-Deutsche Boerse says Brexit is a risk for any US suitors for LSE
BERLIN, April 17 (Reuters) - A British vote to leave the
European Union could be a threat to any rival bidder from the
United States for the London Stock Exchange but would
not undermine the planned...
Read more
European Union could be a threat to any rival bidder from the
United States for the London Stock Exchange but would
not undermine the planned...
Read more
Deutsche Boerse sees Brexit risk for potential US suitors for LSE
BERLIN, April 17 (Reuters) - A British vote to leave the
European Union could be a threat to any rival bidder from the
United States for the London Stock Exchange but would
not undermine the planned...
Read more
European Union could be a threat to any rival bidder from the
United States for the London Stock Exchange but would
not undermine the planned...
Read more
Israel's Delek Drilling, Avner Oil considering merger
JERUSALEM, April 17 (Reuters) - Israeli conglomerate Delek
Group's gas and oil exploration units, Delek Drilling
and Avner Oil Exploration, are considering merging to reduce
costs, attract new...
Read more
Group's gas and oil exploration units, Delek Drilling
and Avner Oil Exploration, are considering merging to reduce
costs, attract new...
Read more
United Airlines gate agents, baggage handlers approve new contract
NEW YORK, April 16 (Reuters) - United Continental Holdings
Inc and its union said Saturday that workers voted in
favor of contracts hiking the pay of some 30,000 baggage
handlers, gate agents and...
Read more
Inc and its union said Saturday that workers voted in
favor of contracts hiking the pay of some 30,000 baggage
handlers, gate agents and...
Read more
Saturday, April 16, 2016
CVC, QIA and Brookfield drop secret bid plan for Sainsbury -report
EDINBURGH, April 16 (Reuters) - CVC Capital Partners
, Qatar's QIA and Canada's Brookfield have abandoned a
secret plan to bid for British supermarket group J.Sainsbury plc
, Sky News reported on...
Read more
, Qatar's QIA and Canada's Brookfield have abandoned a
secret plan to bid for British supermarket group J.Sainsbury plc
, Sky News reported on...
Read more
Brazil's Vale reiterates looking for partner in fertilizers
RIO DE JANEIRO, April 15 (Reuters) - Brazil's Vale SA
reiterated on Friday it is looking for a partner in
the fertilizer sector, responding to a Reuters report that the
miner is preparing a joint...
Read more
reiterated on Friday it is looking for a partner in
the fertilizer sector, responding to a Reuters report that the
miner is preparing a joint...
Read more
Friday, April 15, 2016
UPDATE 5-SunEdison to file for bankruptcy as early as Sunday night -source
April 15 (Reuters) - Solar energy company SunEdison Inc
is preparing to file for bankruptcy as early as the
evening of April 17, a person familiar with the matter said on
Friday, nine months after...
Read more
is preparing to file for bankruptcy as early as the
evening of April 17, a person familiar with the matter said on
Friday, nine months after...
Read more
UPDATE 1-McGraw-Hill to sell J.D. Power to China's XIO Group
April 15 (Reuters) - McGraw-Hill Financial Inc said
it would sell car rating unit J.D. Power and Associates to
China-based buyout firm XIO Group for $1.1 billion.
Read more
it would sell car rating unit J.D. Power and Associates to
China-based buyout firm XIO Group for $1.1 billion.
Read more
UPDATE 1-Autohome CEO makes buyout offer that beats top investor's valuation
April 15 (Reuters) - China's Autohome Inc on Friday
was made an offer to be acquired by a consortium that includes
its chief executive and private equity firms in a deal that
values the automobile...
Read more
was made an offer to be acquired by a consortium that includes
its chief executive and private equity firms in a deal that
values the automobile...
Read more
UPDATE 1-Chile's Falabella to enter Mexico with Soriana joint venture
SANTIAGO, April 15 (Reuters) - Chilean retailer Falabella
said on Friday it has agreed a joint venture with
Organizacion Soriana, Mexico's second-largest
supermarket chain, to develop its Sodimac...
Read more
said on Friday it has agreed a joint venture with
Organizacion Soriana, Mexico's second-largest
supermarket chain, to develop its Sodimac...
Read more
Lone Pine's Cypress Fund down 8 pct in 1st qtr, hurt by Valeant
BOSTON, April 15 (Reuters) - Hedge fund Lone Pine Capital's
Lone Cypress fund lost 8 percent during the first quarter as
bets on Valeant Pharmaceuticals Inc and Energy
Transfer/Williams Companies ...
Read more
Lone Cypress fund lost 8 percent during the first quarter as
bets on Valeant Pharmaceuticals Inc and Energy
Transfer/Williams Companies ...
Read more
Renata Hesse to head Justice Department's Antitrust Division
WASHINGTON, April 15 (Reuters) - Renata Hesse, who has been
in the midst of enforcing antitrust law during a surge of
aggressive corporate dealmaking, has been named to head the
Justice Department's...
Read more
in the midst of enforcing antitrust law during a surge of
aggressive corporate dealmaking, has been named to head the
Justice Department's...
Read more
Brazil recovery hinges on new policies, BM&FBovespa chairman says
SAO PAULO, April 15 (Reuters) - Brazil's economic recovery
will hinge on the ability of the nation's leaders to correct
erratic policies in place over the past five years, according to
Pedro Parente,...
Read more
will hinge on the ability of the nation's leaders to correct
erratic policies in place over the past five years, according to
Pedro Parente,...
Read more
Fiat Chrysler CEO says can build Tesla Model 3 rival if makes business sense
AMSTERDAM, April 15 (Reuters) - Fiat Chrysler Automobiles
(FCA) could build an Italian-style rival to Tesla's
Model 3 within 12 months if the electric carmaker can prove the
vehicle makes business...
Read more
(FCA) could build an Italian-style rival to Tesla's
Model 3 within 12 months if the electric carmaker can prove the
vehicle makes business...
Read more
BRIEF-iCON Infrastructure LLP Receives Investment Canada Act Approval for Arrangement With Capstone Infrastructure Corporation
* iCON infrastructure LLP receives Investment Canada Act
approval for arrangement with Capstone Infrastructure
Corporation
Read more
approval for arrangement with Capstone Infrastructure
Corporation
Read more
UPDATE 2-Fiat Chrysler CEO sees only Toyota, VW, Ford as merger candidates
AMSTERDAM, April 15 (Reuters) - Toyota, Volkswagen
and Ford are the only remaining potential
merger candidates for Fiat Chrysler, since its attempt
to join up with GM was rebuffed, Chief Executive...
Read more
and Ford are the only remaining potential
merger candidates for Fiat Chrysler, since its attempt
to join up with GM was rebuffed, Chief Executive...
Read more
BRIEF-Northair Silver Securityholders Approve Business Combination With Kootenay Silver
* Announces that securityholders of Northair have approved previously
announced business combination with Kootenay Silver Inc
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
announced business combination with Kootenay Silver Inc
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
Fiat Chrysler may decide on partner for U.S. midsize cars this year
AMSTERDAM, April 15 (Reuters) - Fiat Chrysler (FCA)
has received interest from carmakers willing to help
it build medium-sized cars in the United States and may decide
on a partner this year, CEO...
Read more
has received interest from carmakers willing to help
it build medium-sized cars in the United States and may decide
on a partner this year, CEO...
Read more
Aeroflot in talks with potential JV partners -deputy CEO
LONDON, April 15 (Reuters) - Russia's Aeroflot is
in talks with potential partners about a joint venture the
state-controlled carrier's deputy chief executive said on
Friday, without naming them.
Read more
in talks with potential partners about a joint venture the
state-controlled carrier's deputy chief executive said on
Friday, without naming them.
Read more
Deals of the day- Mergers and acquisitions
April 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Friday:
Read more
acquisitions and disposals were reported by 1330 GMT on Friday:
Read more
BRIEF-Taomee announces shareholder approval of merger agreement
* Approximately 99.9 pct of shareholders voting at meeting
voted in favor of proposal to authorize, approve merger
agreement
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom:...
Read more
voted in favor of proposal to authorize, approve merger
agreement
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom:...
Read more
BC Partners sounds out potential Asian buyers for German transformer maker SGB -sources
FRANKFURT, April 15 (Reuters) - Buyout group BC Partners
is sounding out potential buyers for its German power
transformer maker SGB-SMIT, four years after a sale to China's
State Grid was halted by...
Read more
is sounding out potential buyers for its German power
transformer maker SGB-SMIT, four years after a sale to China's
State Grid was halted by...
Read more
UPDATE 1-Canada's Mitel to buy Polycom for about $1.96 bln
April 15 (Reuters) - Mitel Networks Corp said on
Friday it would buy fellow voice and telephony gear maker
Polycom Inc for about $1.96 billion in cash and stock,
satisfying a demand from hedge fund...
Read more
Friday it would buy fellow voice and telephony gear maker
Polycom Inc for about $1.96 billion in cash and stock,
satisfying a demand from hedge fund...
Read more
UPDATE 1-China Eastern to expand fleet to over 800 aircraft
SHANGHAI, April 15 (Reuters) - China Eastern Airlines
plans to expand its fleet of aircraft to
more than 800 by 2020, up from 561 as of the end of 2015, its
president Ma Xulun said in an interview...
Read more
plans to expand its fleet of aircraft to
more than 800 by 2020, up from 561 as of the end of 2015, its
president Ma Xulun said in an interview...
Read more
BRIEF-Mitel to acquire Polycom in deal valued at about $1.96 bln
* Mitel Networks Corp says Polycom stockholders will be
entitled to $3.12 in cash and 1.31 Mitel common shares for each
share of Polycom common stock
Read more
entitled to $3.12 in cash and 1.31 Mitel common shares for each
share of Polycom common stock
Read more
Canada's Mitel to buy Polycom for about $1.96 bln
April 15 (Reuters) - Canadian telecom services provider
Mitel Networks Corp said it will buy U.S. peer Polycom
Inc for about $1.96 billion in cash and stock.
Read more
Mitel Networks Corp said it will buy U.S. peer Polycom
Inc for about $1.96 billion in cash and stock.
Read more
RPT-Fiat Chrysler CEO sees Toyota, VW, Ford as remaining potential merger candidates
AMSTERDAM, April 15 (Reuters) - Fiat Chrysler Automobiles
sees Toyota, Volkswagen and Ford
as the remaining potential merger candidates after its
attempt to tie-up with GM was rebuffed, FCA...
Read more
sees Toyota, Volkswagen and Ford
as the remaining potential merger candidates after its
attempt to tie-up with GM was rebuffed, FCA...
Read more
Indonesia state miners may join with Panigoro group for Newmont -official
JAKARTA, April 15 (Reuters) - Indonesian state miners may
partner with a consortium including prominent businessman Arifin
Panigoro to buy a stake in Newmont Mining Corp's local
operations, an...
Read more
partner with a consortium including prominent businessman Arifin
Panigoro to buy a stake in Newmont Mining Corp's local
operations, an...
Read more
China's Spring Airlines to double fleet size to 100 aircraft by 2018
BEIJING, April 15 (Reuters) - Spring Airlines,
China's largest budget carrier, seeks to double its fleet size
to 100 aircraft by 2018, its chairman said on Friday.
Read more
China's largest budget carrier, seeks to double its fleet size
to 100 aircraft by 2018, its chairman said on Friday.
Read more
Advent, Baxter set to submit bids for India's Gland Pharma -sources
HONG KONG, April 15 (Reuters) - Global buyout firm Advent
International and U.S.-based Baxter International are
among suitors preparing to submit separate bids to buy unlisted
Indian drugmaker Gland...
Read more
International and U.S.-based Baxter International are
among suitors preparing to submit separate bids to buy unlisted
Indian drugmaker Gland...
Read more
Thursday, April 14, 2016
UK Stocks-Factors to watch on April 15
April 15 (Reuters) - Britain's FTSE 100 index is seen opening up 2
points, or 0.03 percent higher on Friday, according to financial bookmakers. For
more on the factors affecting European stocks,...
Read more
points, or 0.03 percent higher on Friday, according to financial bookmakers. For
more on the factors affecting European stocks,...
Read more
IKEA finalising its biggest overhaul in decades
DELFT, Netherlands, April 15 (Reuters) - In two medieval
Dutch cities, IKEA's most senior executives are finalising the
biggest overhaul at the Swedish-born furniture empire in over 30
years.
Read more
Dutch cities, IKEA's most senior executives are finalising the
biggest overhaul at the Swedish-born furniture empire in over 30
years.
Read more
PRESS DIGEST - Wall Street Journal - April 15
April 15 (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
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
JD Daojia to merge with Dada Nexus
April 14 (Reuters) - Chinese online direct sales company
JD.com Inc said its online-to-offline unit, JD Daojia,
will merge with Dada Nexus Ltd, a crowdsourcing platform, to
form a new company.
Read more
JD.com Inc said its online-to-offline unit, JD Daojia,
will merge with Dada Nexus Ltd, a crowdsourcing platform, to
form a new company.
Read more
Shareholders kill $1.9 bln deal for Morgan Stanley-linked fund in Australia
SYDNEY, April 15 (Reuters) - A A$2.5 billion ($1.9 billion)
buyout of Morgan Stanley-linked Australian property group
Investa Office Fund (IOF) by local rival DEXUS Property
Group failed on Friday...
Read more
buyout of Morgan Stanley-linked Australian property group
Investa Office Fund (IOF) by local rival DEXUS Property
Group failed on Friday...
Read more
Cruise Automation ex-partners sue each other after GM deal
SAN FRANCISCO, April 14 (Reuters) - General Motors Co's
pending acquisition of self-driving car startup Cruise
Automation has touched off a legal spat between two former
collaborators over their...
Read more
pending acquisition of self-driving car startup Cruise
Automation has touched off a legal spat between two former
collaborators over their...
Read more
XIO Group nears deal for J.D. Power - sources
April 14 (Reuters) - XIO Group, a China-based buyout firm,
is close to an agreement to acquire J.D. Power and Associates, a
unit of McGraw Hill Financial Inc for more than $1
billion, according to...
Read more
is close to an agreement to acquire J.D. Power and Associates, a
unit of McGraw Hill Financial Inc for more than $1
billion, according to...
Read more
BRIEF-Acquisition of Cricket Media by Cricket Acquisition Group approved at special meeting
* Acquisition of cricket media by cricket acquisition group
approved at special meeting
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
approved at special meeting
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Apple Hospitality says merger termination fee $25 mln under agreement
* Merger agreement provides one party may be required to pay
to the other a termination fee of $25 million
Read more
to the other a termination fee of $25 million
Read more
BRIEF-Leica Biosystems and Merrimack Pharmaceuticals to collaborate
* Leica biosystems and merrimack pharmaceuticals to
collaborate on development of a heregulin companion diagnostic
for seribantumab
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
collaborate on development of a heregulin companion diagnostic
for seribantumab
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
BRIEF-Legrand acquires Pinnacle Architectural Lighting in the United States
* Acquires Pinnacle Architectural Lighting in the United
States
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom:)
Read more
States
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom:)
Read more
United Launch Alliance to lay off up to 875 by end of 2017 - CEO
COLORADO SPRINGS, Colo., April 14 (Reuters) - United Launch
Alliance plans to cut up to 875 jobs before the end of 2017 to
better compete against rivals bankrolled by billionaire
entrepreneurs...
Read more
Alliance plans to cut up to 875 jobs before the end of 2017 to
better compete against rivals bankrolled by billionaire
entrepreneurs...
Read more
Japan's Seven & i to nominate convenience chain head as next boss -source
TOKYO, April 15 (Reuters) - Executives at retail
conglomerate Seven & i Holdings plan to nominate the
head of its convenience store chain as the group's next leader,
a source familiar with the...
Read more
conglomerate Seven & i Holdings plan to nominate the
head of its convenience store chain as the group's next leader,
a source familiar with the...
Read more
Delta has made no decisions on single-aisle jet deal -CFO
April 14 (Reuters) - Delta Air Lines Inc has not
decided which planes it would acquire to renew its fleet of
single-aisle jets, Chief Financial Officer Paul Jacobson said on
Thursday, as various...
Read more
decided which planes it would acquire to renew its fleet of
single-aisle jets, Chief Financial Officer Paul Jacobson said on
Thursday, as various...
Read more
UPDATE 1-Chinese firms extend deadline on $1.28 bln offer for Opera Software
OSLO, April 14 (Reuters) - A group of Chinese internet firms
who made a cash offer in February for Norwegian mobile phone
browser and advertising firm Opera Software, valuing
it at $1.28 billion,...
Read more
who made a cash offer in February for Norwegian mobile phone
browser and advertising firm Opera Software, valuing
it at $1.28 billion,...
Read more
Chinese internet firms extend $1.23 bln cash offer for Norway's Opera Software
OSLO, April 14 (Reuters) - A group of Chinese internet firms
who made a cash offer in February for Norwegian mobile phone
browser Opera Software, valuing it at $1.23 billion,
have extended the offer...
Read more
who made a cash offer in February for Norwegian mobile phone
browser Opera Software, valuing it at $1.23 billion,
have extended the offer...
Read more
Deals of the day- Mergers and acquisitions
April 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 1330 GMT on
Thursday:
Read more
BRIEF-Synaptics to be pushing for a deal with Chinese suitor - Bloomberg
Synaptics said to be pushing for a deal with Chinese
suitor by end of April - Bloomberg, citing sources
Read more
suitor by end of April - Bloomberg, citing sources
Read more
BRIEF-Athenahealth acquires Arsenal Health
* Athenahealth announces acquisition of arsenal health,
formerly known as smart scheduling, inc.
Read more
formerly known as smart scheduling, inc.
Read more
JPMorgan takes a passive stake in ETF provider Global X
April 14 (Reuters) - JPMorgan Chase & Co's asset
management arm said it has taken a passive, minority stake in
New York-based exchange-traded fund (ETF) provider Global X
Management Co LLC.
Read more
management arm said it has taken a passive, minority stake in
New York-based exchange-traded fund (ETF) provider Global X
Management Co LLC.
Read more
Indonesia may create state mining firm, considers M&A -Antam executive
JAKARTA, April 14 (Reuters) - The Indonesian state
enterprises ministry may set up a state-owned mining holding
company that could buy foreign-owned shares in mining firms, the
senior executive of a...
Read more
enterprises ministry may set up a state-owned mining holding
company that could buy foreign-owned shares in mining firms, the
senior executive of a...
Read more
BRIEF-Cryolife to buy PhotoFix patch from Genesee BioMedical
* Cryolife inc says exercised its right to acquire photofix
bovine pericardium patch from genesee biomedical
Read more
bovine pericardium patch from genesee biomedical
Read more
GE interested in German offshore wind, eastern Europe
FRANKFURT, April 13 (Reuters) - General Electric,
fresh from taking on the offshore wind business of rival Alstom
, is positioning itself in Germany's expanding offshore
wind sector and looking at...
Read more
fresh from taking on the offshore wind business of rival Alstom
, is positioning itself in Germany's expanding offshore
wind sector and looking at...
Read more
BRIEF-Calgon Carbon to buy carbon,filter aid unit of Arkema subsidiary for $160 mln
* Transaction, anticipated to close in Q4 2016,expected to be accretive to Calgon Carbon's
fully diluted earnings per share in 2017
Read more
fully diluted earnings per share in 2017
Read more
Entertainment One says not approached by ITV
April 14 (Reuters) - Entertainment One Ltd said on
Thursday it had not received any approach, a day after Bloomberg
reported that British commercial TV broadcaster ITV Plc
was pursuing a takeover of...
Read more
Thursday it had not received any approach, a day after Bloomberg
reported that British commercial TV broadcaster ITV Plc
was pursuing a takeover of...
Read more
UPDATE 1-Swiss Re, Legal & General set to bid for Deutsche's Abbey Life -sources
April 14 (Reuters) - Britain's Legal & General Group PLC
and Swiss Re AG are among firms said to be
weighing bids for Deutsche Bank AG's Abbey Life
Assurance Co, sources familiar with the matter...
Read more
and Swiss Re AG are among firms said to be
weighing bids for Deutsche Bank AG's Abbey Life
Assurance Co, sources familiar with the matter...
Read more
Wednesday, April 13, 2016
PRESS DIGEST- British Business - April 14
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
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
REFILE-U.S.-listed Chinese companies offer low-ball buyouts -report
April 13 (Reuters) - Chinese companies domiciled in offshore
havens and listed on U.S. stock exchanges are buying out their
shareholders at low-ball prices, according to a report published
on...
Read more
havens and listed on U.S. stock exchanges are buying out their
shareholders at low-ball prices, according to a report published
on...
Read more
ITV to pursue takeover of Canada's Entertainment One - Bloomberg
April 13 (Reuters) - British commercial TV broadcaster ITV
PLC is said to be pursuing a takeover of Canada's
Entertainment One Ltd, Bloomberg reported on Wednesday,
citing people familiar with the...
Read more
PLC is said to be pursuing a takeover of Canada's
Entertainment One Ltd, Bloomberg reported on Wednesday,
citing people familiar with the...
Read more
UPDATE 1-ITV to pursue takeover of Canada's Entertainment One -Bloomberg
April 13 (Reuters) - British commercial TV broadcaster ITV
Plc is said to be pursuing a takeover of Canada's
Entertainment One Ltd, Bloomberg reported on Wednesday,
citing people familiar with the...
Read more
Plc is said to be pursuing a takeover of Canada's
Entertainment One Ltd, Bloomberg reported on Wednesday,
citing people familiar with the...
Read more
DEALTALK-McDonald's targeting buyout firms as it seeks to sell North Asia stores
HONG KONG, April 14 (Reuters) - McDonald's Corp is
targeting private equity firms, including Bain Capital, MBK
Partners, TPG Capital Management and Chinese state-backed
conglomerate China Resources...
Read more
targeting private equity firms, including Bain Capital, MBK
Partners, TPG Capital Management and Chinese state-backed
conglomerate China Resources...
Read more
Optiv Security pursues IPO -source
April 13 (Reuters) - Cyber security company Optiv Security
Inc is working with Goldman Sachs Group Inc and Morgan Stanley
on an initial public offering that could come as soon as the
second half of...
Read more
Inc is working with Goldman Sachs Group Inc and Morgan Stanley
on an initial public offering that could come as soon as the
second half of...
Read more
Swiss Re, Legal & General set to bid for Deutsche's Abbey Life -sources
April 13 (Reuters) - Britain's Legal & General Group PLC
and Swiss Re AG are among firms said to be
weighing bids for Deutsche Bank AG's Abbey Life
Assurance Co, sources familiar with the matter...
Read more
and Swiss Re AG are among firms said to be
weighing bids for Deutsche Bank AG's Abbey Life
Assurance Co, sources familiar with the matter...
Read more
Verizon bets on Armstrong, M&A savvy in Yahoo bid
NEW YORK, April 13 (Reuters) - Verizon Communications Inc
is the clear favorite in the upcoming bidding for Yahoo
Inc's core Internet business, according to Wall Street
analysts, in large part...
Read more
is the clear favorite in the upcoming bidding for Yahoo
Inc's core Internet business, according to Wall Street
analysts, in large part...
Read more
Former regulator turns Bitcoin tech advocate
NEW YORK, April 13 (IFR) - Former New York state financial
services chief Benjamin Lawsky may have taken a harsh view of
virtual currency as a regulator, but he has begun to stump for
the technology...
Read more
services chief Benjamin Lawsky may have taken a harsh view of
virtual currency as a regulator, but he has begun to stump for
the technology...
Read more
Deals of the day- Mergers and acquisitions
April 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
Wednesday:
Read more
acquisitions and disposals were reported by 2000 GMT on
Wednesday:
Read more
UPDATE 2-Alcoa in power deal that may keep Intalco aluminum plant open
NEW YORK, April 13 (Reuters) - Alcoa Inc has agreed
to a new power deal for its 279,000 tonne-per-year Intalco
aluminum smelter, according to a statement from its power
supplier, potentially staving...
Read more
to a new power deal for its 279,000 tonne-per-year Intalco
aluminum smelter, according to a statement from its power
supplier, potentially staving...
Read more
UPDATE 2-Delphi ruled a British company for U.S. tax purposes -filing
April 13 (Reuters) - Delphi Automotive Plc has won
an appeal with the U.S. Internal Revenue Service, allowing it to
be treated as a British company for tax purposes after it
reincorporated in the UK,...
Read more
an appeal with the U.S. Internal Revenue Service, allowing it to
be treated as a British company for tax purposes after it
reincorporated in the UK,...
Read more
Premier Foods No.2 shareholder disappointed in board
LONDON, April 13 (Reuters) - Paulson & Co, the
second-largest shareholder in Premier Foods, said it was
"extremely disappointing" the board of the British food maker
allowed its suitor McCormick to...
Read more
second-largest shareholder in Premier Foods, said it was
"extremely disappointing" the board of the British food maker
allowed its suitor McCormick to...
Read more
EU mergers and takeovers (April 13)
BRUSSELS, April 13 (Reuters) - The following are mergers
under review by the European Commission and a brief guide to the
EU merger process:
Read more
under review by the European Commission and a brief guide to the
EU merger process:
Read more
RPT-SunEdison financial woes also threaten yieldcos that hold assets
NEW YORK, April 12 (Reuters) - The prospect of a near-term
bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called...
Read more
bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called...
Read more
BRIEF-China Yida Holding Co and China Yida Holding Acquisition Co enter amended agreement and plan of merger
* On April 12, entered into an amended and restated
agreement and plan of merger with China Yida Holding Acquisition
Co
Read more
agreement and plan of merger with China Yida Holding Acquisition
Co
Read more
China online food-delivery service Ele.me says raises $1.25 bln from Alibaba
BEIJING, April 13 (Reuters) - Chinese online food-delivery
service company Ele.me has raised $1.25 billion from Alibaba
Group Holding and its arm, Ant Financial Services
Group, according to an Ele.me...
Read more
service company Ele.me has raised $1.25 billion from Alibaba
Group Holding and its arm, Ant Financial Services
Group, according to an Ele.me...
Read more
UPDATE 1-Tata, Thyssen in talks on Europe steel joint venture -report
* Issue not arisen - Thyssenkrupp supervisory board member
(Adds comments from Thyssenkrupp works council chief, Tata
Steel, Thyssenkrupp letter to staff)
Read more
(Adds comments from Thyssenkrupp works council chief, Tata
Steel, Thyssenkrupp letter to staff)
Read more
Brazil M&A deals tougher to close amid economic and political turmoil
By Guillermo Parra-Bernal and Tatiana Bautzer
SAO PAULO, April 13 (Reuters) - Brazil's harshest recession
in decades and deepening political turmoil are preventing buyers
and sellers from...
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SAO PAULO, April 13 (Reuters) - Brazil's harshest recession
in decades and deepening political turmoil are preventing buyers
and sellers from...
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Liberty House expects deadline for Tata Steel UK bids by end May
LAUSANNE, April 13 (Reuters) - Tata Steel is
expected to set a deadline for bids on its U.K. assets for the
end of May after announcing the sale process earlier this week,
Sanjeev Gupta, executive...
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expected to set a deadline for bids on its U.K. assets for the
end of May after announcing the sale process earlier this week,
Sanjeev Gupta, executive...
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UPDATE 1-Peabody, world's top private coal miner, files for bankruptcy
April 13 (Reuters) - Peabody Energy Corp, the
world's largest privately owned coal producer, filed for U.S.
bankruptcy protection on Wednesday in the wake of a sharp fall
in coal prices that left it...
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world's largest privately owned coal producer, filed for U.S.
bankruptcy protection on Wednesday in the wake of a sharp fall
in coal prices that left it...
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Harris sees HNA offer for Gategroup as 'reasonable' -paper
ZURICH, April 13 (Reuters) - Chinese group HNA's
takeover offer of 53 Swiss francs per share for airline catering
company Gategroup is reasonable, a senior official at
Gategroup stakeholder Harris...
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takeover offer of 53 Swiss francs per share for airline catering
company Gategroup is reasonable, a senior official at
Gategroup stakeholder Harris...
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Tuesday, April 12, 2016
UPDATE 1-McCormick walks away from Premier Foods takeover
LONDON, April 13 (Reuters) - U.S. spice maker McCormick
Foods walked away from its takeover proposal for British
food company Premier Foods on Wednesday.
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Foods walked away from its takeover proposal for British
food company Premier Foods on Wednesday.
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BRIEF-Premier Foods comments on McCormick Foods offer withdrawal
* Premier Foods and its advisers have engaged extensively
with McCormick to provide it with information requested.
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with McCormick to provide it with information requested.
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SunEdison financial woes also threaten yieldcos that hold assets
NEW YORK, April 12 (Reuters) - The prospect of a near-term
bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called...
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bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called...
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UPDATE 1-California judge backs Charter-Time Warner Cable deal, with conditions
WASHINGTON, April 12 (Reuters) - A California administrative
law judge recommended approving Charter Communications Inc's
proposed acquisition of Time Warner Cable and
Bright House Networks with...
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law judge recommended approving Charter Communications Inc's
proposed acquisition of Time Warner Cable and
Bright House Networks with...
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UPDATE 2-Indonesia businessman asks court to block sale of company's Newmont stake
* Suit could hold up Panigoro group's bid to control Newmont
unit
(Adds comment from Newmont)
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unit
(Adds comment from Newmont)
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Nomura guts leveraged loans group in strategy shift -sources
April 12 (Reuters) - Nomura Holdings Inc is laying
off more than two-thirds of its U.S. employees who focus on
leveraged buyouts, people familiar with the matter said on
Tuesday, as the Japanese bank...
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off more than two-thirds of its U.S. employees who focus on
leveraged buyouts, people familiar with the matter said on
Tuesday, as the Japanese bank...
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