* Acquires US specialty pharmaceutical ingredient
distributor Mutchler Inc. and Mutchler Of Puerto Rico Inc.
Read more
Thursday, June 30, 2016
BRIEF-Bond Intl board says to consider Constellation Software offer
* Board of directors of Bond notes announcement made on June
30 2016 by Constellation Software Inc
Read more
30 2016 by Constellation Software Inc
Read more
PRESS DIGEST - Wall Street Journal - July 1
July 1 (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
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 - July 1
July 1 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Scandal-hit Zenefits slashes own valuation as it cuts deal with investors
SAN FRANCISCO, June 30 (Reuters) - Software startup Zenefits
has cut a highly unusual deal with investors to increase their
ownership while slashing the once-hot firm's valuation as it
seeks to avoid...
Read more
has cut a highly unusual deal with investors to increase their
ownership while slashing the once-hot firm's valuation as it
seeks to avoid...
Read more
UPDATE 2-Petroperu fined, president ousted over oil spills in Amazon
LIMA, June 30 (Reuters) - The Peruvian government dismissed
the head of Petroperu, German Velasquez, and fined the
state-owned energy company about $3.5 million after the third
oil spill in the...
Read more
the head of Petroperu, German Velasquez, and fined the
state-owned energy company about $3.5 million after the third
oil spill in the...
Read more
REFILE-UPDATE 1-Six Williams Cos directors resign after failing to oust CEO-source
June 30 (Reuters) - Six of Williams Cos Inc's
directors have resigned after a failed attempt to oust Chief
Executive Alan Armstrong, a source familiar with the matter told
Reuters.
Read more
directors have resigned after a failed attempt to oust Chief
Executive Alan Armstrong, a source familiar with the matter told
Reuters.
Read more
UPDATE 2-Six Williams Cos directors resign after failing to oust CEO -source
June 30 (Reuters) - Six of Williams Cos Inc's
directors, including the pipeline company's chairman, resigned
on Thursday after a failed attempt to oust Chief Executive Alan
Armstrong, a source...
Read more
directors, including the pipeline company's chairman, resigned
on Thursday after a failed attempt to oust Chief Executive Alan
Armstrong, a source...
Read more
BRIEF-Healthstream buys Performance Management Services
* Healthstream acquired PMSI through a merger for
approximately $4.0 million in cash at closing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
approximately $4.0 million in cash at closing
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Chesapeake Partners to shut hedge fund, cites M&A woes
BOSTON, June 30 (Reuters) - Chesapeake Partners, a $1.4
billion hedge fund that bet on special situations including
mergers, bankruptcies and spin-offs, is shutting down after an
18-month stretch of...
Read more
billion hedge fund that bet on special situations including
mergers, bankruptcies and spin-offs, is shutting down after an
18-month stretch of...
Read more
Fidelity OTC fund boosted SolarCity stake by 20 pct in May
BOSTON, June 30 (Reuters) - The Fidelity OTC Portfolio, the
largest fund investor in SolarCity Corp, boosted its
stake in the company by 20 percent in May, just weeks before
Tesla Motors offered to...
Read more
largest fund investor in SolarCity Corp, boosted its
stake in the company by 20 percent in May, just weeks before
Tesla Motors offered to...
Read more
LPC: U.S. leveraged loan market strong post Brexit vote
NEW YORK, June 30 (Reuters) - Outside of a pair of
opportunistic leveraged loan deals that were shelved following
the announcement that the United Kingdom had voted to pull out
of the European Union,...
Read more
opportunistic leveraged loan deals that were shelved following
the announcement that the United Kingdom had voted to pull out
of the European Union,...
Read more
UPDATE 2-News Corp bolsters UK soccer line-up with talkSPORT deal
LONDON, June 30 (Reuters) - Rupert Murdoch's News Corp
has agreed to buy the owner of Britain's talkSPORT in a
$292 million deal that unites The Sun newspaper's sports
coverage with the commercial...
Read more
has agreed to buy the owner of Britain's talkSPORT in a
$292 million deal that unites The Sun newspaper's sports
coverage with the commercial...
Read more
LPC: US syndicated lending surged before Brexit, election volatility
NEW YORK, June 30 (Reuters) - Budding optimism about the
U.S. economy, rising oil prices and a brief lull in volatility
spurred companies to lock in low interest rates in the second
quarter, driving...
Read more
U.S. economy, rising oil prices and a brief lull in volatility
spurred companies to lock in low interest rates in the second
quarter, driving...
Read more
UPDATE 1-EU mergers and takeovers (June 30)
BRUSSELS, June 30 (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
BRIEF-Mondelez bid $107 per share for Hershey in cash plus stock offer - CNBC
* Mondelez bid $107 per share for Hershey in cash plus stock
offer - CNBC, citing sources
(Bengaluru Newsroom: +1 646 223 8780)
Read more
offer - CNBC, citing sources
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Mylan offers EC concessions to get approval for $7.2 bln Meda buy
BRUSSELS, June 30 - U.S. generic drugmaker Mylan NV
has offered concessions in a bid to allay concerns by EU
competition regulators over its proposed $7.2-billion
acquisition of Swedish rival Meda,...
Read more
has offered concessions in a bid to allay concerns by EU
competition regulators over its proposed $7.2-billion
acquisition of Swedish rival Meda,...
Read more
BRIEF-Century Casinos enters into agreement to purchase Apex Casino
* Century Casinos enters into agreement to purchase Apex
Casino in St. Albert, Edmonton, Alberta, Canada
Read more
Casino in St. Albert, Edmonton, Alberta, Canada
Read more
UPDATE 2-Italy's UniCredit names Mustier as new CEO - sources
* Plans to sell assets, boost capital - source
(Adds detail on Mustier's plans, share price, Italian bank
stabilisation plan)
Read more
(Adds detail on Mustier's plans, share price, Italian bank
stabilisation plan)
Read more
News Corp offers to buy UK's Wireless Group for about $296 mln
June 30 (Reuters) - News Corp has agreed to buy
London-listed broadcaster Wireless Group in a 220.3
million pound ($296 million) deal, which will give the U.S.
media company access to the UK and...
Read more
London-listed broadcaster Wireless Group in a 220.3
million pound ($296 million) deal, which will give the U.S.
media company access to the UK and...
Read more
BRIEF-Catalyst Paper's principal shareholders, KGI enter deal to buy Catalyst Paper
* Catalyst Paper Corp's 4 largest shareholders, controlling
about 79% shares, entered into support agreement with kejriwal
group international
Read more
about 79% shares, entered into support agreement with kejriwal
group international
Read more
Canadian chemicals maker Superior Plus scraps deal with Canexus
June 30 (Reuters) - Superior Plus Corp said it had
terminated a C$324 million ($251 million) deal to buy fellow
Canadian chemical company Canexus Corp after failing to
agree on terms.
Read more
terminated a C$324 million ($251 million) deal to buy fellow
Canadian chemical company Canexus Corp after failing to
agree on terms.
Read more
Indonesian group to buy 82.2 pct of Newmont Nusa Tenggara for $2.6 bln
JAKARTA, June 30 (Reuters) - An Indonesian group consisting
of Arifin Panigoro and Agus Projosasmito has agreed to buy 82.2
percent of Newmont Nusa Tenggara (NNT), which operates
Indonesia's...
Read more
of Arifin Panigoro and Agus Projosasmito has agreed to buy 82.2
percent of Newmont Nusa Tenggara (NNT), which operates
Indonesia's...
Read more
BRIEF-S.Africa's energy department to investigate SFF's offer for Chevron assets
* Notes with concern concern the reports regarding the SFF's
expression of interest in the Chevron assets
Read more
expression of interest in the Chevron assets
Read more
Strategic Fuel Fund's bid for Chevron assets not approved - S.Africa govt
JOHANNESBURG, June 30 (Reuters) - South Africa's energy
department said on Thursday the state-owned Strategic Fuel
Fund's (SFF) had not been cleared to make an offer to buy 75
percent of Chevron's...
Read more
department said on Thursday the state-owned Strategic Fuel
Fund's (SFF) had not been cleared to make an offer to buy 75
percent of Chevron's...
Read more
Deals of the day- Mergers and acquisitions
June 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 1000 GMT on
Thursday:
Read more
Ireland could review AIB sale timetable if situation changes
DUBLIN, June 30 (Reuters) - Ireland could review its plans
to sell a 25 percent stake in Allied Irish Banks early
next year if circumstances change, finance minister Michael
Noonan said on Thursday.
Read more
to sell a 25 percent stake in Allied Irish Banks early
next year if circumstances change, finance minister Michael
Noonan said on Thursday.
Read more
UPDATE 1-BMW, Intel, Mobileye team up on self-driving cars -source
* Carmakers, tech firms seek edge in race to build
autonomous cars
(Add joint event planned for Friday and background details)
Read more
autonomous cars
(Add joint event planned for Friday and background details)
Read more
Safran to pay 750 mln euros to Airbus under space launch tie-up
PARIS, June 30 (Reuters) - France's Safran will make a
lumpsum payment of 750 million euros ($833 million) to Airbus
Group to obtain an equal stake in a space launchers
venture as part of a deal to...
Read more
lumpsum payment of 750 million euros ($833 million) to Airbus
Group to obtain an equal stake in a space launchers
venture as part of a deal to...
Read more
UPDATE 1-Airbus, Safran finalise space launchers merger
PARIS, June 30 (Reuters) - French engine maker Safran
will pay Airbus Group 750 million euros ($832
million) as they combine their space launch activities to combat
growing low-cost competition.
Read more
will pay Airbus Group 750 million euros ($832
million) as they combine their space launch activities to combat
growing low-cost competition.
Read more
UPDATE 1-UK Stocks-Factors to watch on June 30
June 30 (Reuters) - Britain's FTSE 100 index is seen opening up 8
points, or 0.1 percent, on Thursday, according to financial bookmakers, with
futures up about 0.1 percent ahead of the cash market...
Read more
points, or 0.1 percent, on Thursday, according to financial bookmakers, with
futures up about 0.1 percent ahead of the cash market...
Read more
Motoring group AA to sell Irish business to Carlyle arms
June 30 (Reuters) - Motoring group AA Plc said it
had agreed to sell its Irish business to a Carlyle Group
fund and financial services buyout team for 156.6 million euros
($173.7 million).
Read more
had agreed to sell its Irish business to a Carlyle Group
fund and financial services buyout team for 156.6 million euros
($173.7 million).
Read more
Wednesday, June 29, 2016
UK Stocks-Factors to watch on June 30
June 30 (Reuters) - Britain's FTSE 100 index is seen opening up 8
points, or 0.1 percent, on Thursday, according to financial bookmakers.
* The UK blue chip index closed up 3.6 percent on...
Read more
points, or 0.1 percent, on Thursday, according to financial bookmakers.
* The UK blue chip index closed up 3.6 percent on...
Read more
Carmike Cinemas cancels shareholder vote on AMC deal - Bloomberg
June 29 (Reuters) - Theater chain Carmike Cinemas Inc
plans to drop Thursday's shareholder vote on its
proposed sale to AMC Entertainment Holdings Inc,
Bloomberg reported on Wednesday.
Read more
plans to drop Thursday's shareholder vote on its
proposed sale to AMC Entertainment Holdings Inc,
Bloomberg reported on Wednesday.
Read more
BRIEF-Lions Gate said to be close to Starz deal - La Times
* Talks between Lions Gate and Starz are in advanced stages
and could be announced soon - La Times
Read more
and could be announced soon - La Times
Read more
UPDATE 2-South Africa's Strategic Fuel Fund bids for Chevron refinery
JOHANNESBURG, June 29 (Reuters) - South Africa's state-owned
Strategic Fuel Fund (SFF) said on Wednesday it had offered to
buy Chevron's majority stake in the country's oil
refinery in Cape Town and...
Read more
Strategic Fuel Fund (SFF) said on Wednesday it had offered to
buy Chevron's majority stake in the country's oil
refinery in Cape Town and...
Read more
BRIEF-Africo shareholders approve plan of arrangement
* Over 99.99% of votes cast by Africo shareholders, 99.99%
of votes cast by Africo shareholders other than Camrose voted in
favour of deal
Read more
of votes cast by Africo shareholders other than Camrose voted in
favour of deal
Read more
BRIEF-Manitok Energy to acquire Raimount Energy
* Manitok will acquire, indirectly through Acquireco, all of
issued and outstanding common shares of Raimount
Read more
issued and outstanding common shares of Raimount
Read more
BRIEF-Laurentian Bank buys C$1 bln portfolio from CIT Group
* Laurentian Bank Of Canada acquires the Canadian equipment
financing and corporate financing activities of CIT Group Inc
Read more
financing and corporate financing activities of CIT Group Inc
Read more
BRIEF-CIT to sell its Canadian portfolio to Laurentian Bank Of Canada
* Cit announces sale of Canadian equipment finance and
corporate finance businesses to Laurentian Bank Of Canada
Read more
corporate finance businesses to Laurentian Bank Of Canada
Read more
COSCO Greece says Piraeus port sale terms inconsistent with deal
ATHENS, June 29 (Reuters) - COSCO Greece objected on
Wednesday to terms submitted to parliament for the sale of
Piraeus Port to China COSCO Shipping, saying they were
inconsistent with those...
Read more
Wednesday to terms submitted to parliament for the sale of
Piraeus Port to China COSCO Shipping, saying they were
inconsistent with those...
Read more
UPDATE 2-Brazil's Ser Educacional sweetens Estácio merger offer
RIO DE JANEIRO, June 29 (Reuters) - Brazilian for-profit
college operator Ser Educacional SA raised the cash
portion of its merger proposal for larger competitor Estácio
Participacoes SA on...
Read more
college operator Ser Educacional SA raised the cash
portion of its merger proposal for larger competitor Estácio
Participacoes SA on...
Read more
UPDATE 1-Wirecard buys Citi Prepaid Card Services to enter USA
BERLIN, June 29 (Reuters) - German banking software company
Wirecard AG has taken its first step to enter the
North American market by agreeing to buy Citi Prepaid Card
Services for undisclosed...
Read more
Wirecard AG has taken its first step to enter the
North American market by agreeing to buy Citi Prepaid Card
Services for undisclosed...
Read more
UPDATE 3-Canada's CIBC to pay $3.8 bln for PrivateBancorp, expand in U.S.
* CIBC shares down 3 percent, Private Bancorp up 22 percent
(New throughout, adds comments from CEO, analyst, shareholders)
Read more
(New throughout, adds comments from CEO, analyst, shareholders)
Read more
UPDATE 1-Energy Transfer terminates merger agreement with Williams
June 29 (Reuters) - Energy Transfer Equity walked
away from its more than $20 billion takeover of Williams Cos Inc
on Wednesday after months of lawsuits and heated
arguments between the rival...
Read more
away from its more than $20 billion takeover of Williams Cos Inc
on Wednesday after months of lawsuits and heated
arguments between the rival...
Read more
BRIEF-Easterly Acquisition Corp and Sungevity to merge
* Sungevity's existing stockholders will roll over all of
their existing equity into sungevity holdings
Read more
their existing equity into sungevity holdings
Read more
Solar company Sungevity to go public in reverse merger
LOS ANGELES, June 29 (Reuters) - Sungevity Inc, the No. 5
U.S. rooftop solar company by market share, on Wednesday said it
would list its shares after a reverse merger by a shell company,
allowing it...
Read more
U.S. rooftop solar company by market share, on Wednesday said it
would list its shares after a reverse merger by a shell company,
allowing it...
Read more
UPDATE 1-Monsanto in talks with Bayer for "alternative strategic options"
June 29 (Reuters) - Monsanto Co said it was in talks
with Bayer AG's management and others regarding
"alternative strategic options," a month after the U.S. seed
producer rejected the German...
Read more
with Bayer AG's management and others regarding
"alternative strategic options," a month after the U.S. seed
producer rejected the German...
Read more
BRIEF-Shire announces positive topline results of SHP465 efficacy and safety study
* Shire announces positive topline results of SHP465
efficacy and safety study in adults with ADHD
Read more
efficacy and safety study in adults with ADHD
Read more
BRIEF-Alcoa Upstream Corp files Form 10 registration statement with U.S. SEC
* Files Form 10 registration statement with U.S. SEC in
connection with co's spinoff plan - SEC filing
Read more
connection with co's spinoff plan - SEC filing
Read more
Monsanto's quarterly sales fall 8.5 pct
June 29 (Reuters) - Seed company Monsanto Co, which
rejected a $62 billion takeover offer from Germany's Bayer AG
last month, reported a 8.5 percent fall in quarterly
sales as demand declined due to...
Read more
rejected a $62 billion takeover offer from Germany's Bayer AG
last month, reported a 8.5 percent fall in quarterly
sales as demand declined due to...
Read more
Owners of building materials firm Xella pick banks to launch sale - sources
LONDON/FRANKFURT, June 29 (Reuters) - The owners of German
building materials maker Xella are taking a fresh attempt at
divesting the German company after failing to float it last
year, people...
Read more
building materials maker Xella are taking a fresh attempt at
divesting the German company after failing to float it last
year, people...
Read more
BRIEF-CIBC to acquire PrivateBancorp Inc
* CIBC will pay US$18.80 in cash and 0.3657 of a CIBC common
share for each share of PrivateBancorp common stock
Read more
share for each share of PrivateBancorp common stock
Read more
Deals of the day- Mergers and acquisitions
June 29 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on
Wednesday:
Read more
acquisitions and disposals were reported by 1000 GMT on
Wednesday:
Read more
Canada's CIBC to buy U.S.-based PrivateBancorp in $3.8 bln deal
June 29 (Reuters) - Canadian Imperial Bank of Commerce
said it would buy Chicago-based PrivateBancorp Inc
in a cash-and-stock deal valued at about $3.8 billion
to expand its business.
Read more
said it would buy Chicago-based PrivateBancorp Inc
in a cash-and-stock deal valued at about $3.8 billion
to expand its business.
Read more
Abu Dhabi state funds to complete merger by end-2017 -source
ABU DHABI, June 29 (Reuters) - The merger of Abu Dhabi state
funds Mubadala Development Co and International
Petroleum Investment Co should be completed by the
end of 2017, a source close to the...
Read more
funds Mubadala Development Co and International
Petroleum Investment Co should be completed by the
end of 2017, a source close to the...
Read more
Energy Transfer terminates merger agreement with Williams
June 29 (Reuters) - Energy Transfer Equity (ETE)
said on Wednesday that it has terminated its merger agreement
with Williams Cos Inc after ETE's counsel were unable to
declare the deal as tax-free.
Read more
said on Wednesday that it has terminated its merger agreement
with Williams Cos Inc after ETE's counsel were unable to
declare the deal as tax-free.
Read more
Tuesday, June 28, 2016
BRIEF-Energy Transfer Equity announces termination of merger agreement with Williams Companies
* ETE's counsel Latham & Watkins unable to deliver required
tax opinion prior to June 28, 2016, outside date in merger
agreement
Read more
tax opinion prior to June 28, 2016, outside date in merger
agreement
Read more
Abu Dhabi government orders merging of Mubadala And IPIC - state news agency
DUBAI, June 29 (Reuters) - The Abu Dhabi government has
ordered the merging of state investment funds Mubadala
Development Company and International Petroleum
Investment Company, according to a...
Read more
ordered the merging of state investment funds Mubadala
Development Company and International Petroleum
Investment Company, according to a...
Read more
BRIEF-UQM Technologies executes on its China expansion strategy
* UQM Technologies Inc executes on its china expansion
strategy with announcement of definitive agreement with hybrid
kinetic group limited to invest $48 million in UQM
Read more
strategy with announcement of definitive agreement with hybrid
kinetic group limited to invest $48 million in UQM
Read more
UPDATE 1-CJ Group says submitted letter of intent to buy McDonald's S.Korean unit
SEOUL, June 29 (Reuters) - South Korea's CJ Group, a
food-to-entertainment conglomerate, said on Wednesday it has
submitted a letter of intent to buy McDonald's Corp's
South Korean unit, adding that...
Read more
food-to-entertainment conglomerate, said on Wednesday it has
submitted a letter of intent to buy McDonald's Corp's
South Korean unit, adding that...
Read more
BRIEF-First Midwest Bancorp to acquire Standard Bancshares for about $365 mln
* Merger agreement provides for fixed exchange ratio of
0.4350 shares of First Midwest common stock for each share of
standard common stock
Read more
0.4350 shares of First Midwest common stock for each share of
standard common stock
Read more
BRIEF-New York Times sets regular quarterly dividend of $0.04 per share
* Sets regular quarterly dividend of $0.04 per share
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom)
Read more
CJ Group says submitted letter of intent to buy McDonald's S.Korean unit
SEOUL, June 29 (Reuters) - South Korea's CJ Group, a
food-to-entertainment conglomerate, said on Wednesday it has
submitted a letter of intent to buy McDonald's Corp's
South Korean unit, adding that...
Read more
food-to-entertainment conglomerate, said on Wednesday it has
submitted a letter of intent to buy McDonald's Corp's
South Korean unit, adding that...
Read more
UPDATE 7-LendingClub says ex-CEO took loans to boost volumes
NEW YORK/SAN FRANCISCO, June 28 (Reuters) - LendingClub Corp
said on Tuesday that its founder and former chief
executive, Renaud Laplanche, borrowed from the online lender to
inflate the company's...
Read more
said on Tuesday that its founder and former chief
executive, Renaud Laplanche, borrowed from the online lender to
inflate the company's...
Read more
Tesla investor group wants more independent board, cites Musk ties
SAN FRANCISCO, June 28 (Reuters) - An investor group called
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it...
Read more
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it...
Read more
Brazil's Zaher to place joint Estácio bid with funds, source says
SAO PAULO, June 28 (Reuters) - The Zaher family, the No. 2
shareholder in Estácio Participações SA, has secured
bank loans and teamed up with an Asian sovereign wealth fund for
a plan to win control...
Read more
shareholder in Estácio Participações SA, has secured
bank loans and teamed up with an Asian sovereign wealth fund for
a plan to win control...
Read more
UPDATE 1-Brazil's Zaher, two funds mull Estácio bid, source says
SAO PAULO, June 28 (Reuters) - The Zaher family, the No. 2
shareholder in Estácio Participações SA, has secured
bank loans and teamed up with an Asian sovereign wealth fund for
a plan to win control...
Read more
shareholder in Estácio Participações SA, has secured
bank loans and teamed up with an Asian sovereign wealth fund for
a plan to win control...
Read more
UPDATE 1-America Movil to pay $1.1 mln to settle U.S. probe
WASHINGTON, June 28 (Reuters) - Puerto Rico Telephone
Company and its parent, America Movil SAB de CV of
Mexico, will pay $1.1 million to resolve a U.S. investigation
over foreign ownership levels,...
Read more
Company and its parent, America Movil SAB de CV of
Mexico, will pay $1.1 million to resolve a U.S. investigation
over foreign ownership levels,...
Read more
Short sellers ramp up bets against Tesla, SolarCity shares -S3 Partners
NEW YORK, June 28 (Reuters) - Bets against both Tesla Motors
Inc and SolarCity Corp shares have risen after
Elon Musk announced a proposed merger last week, but any further
bets will be small as both...
Read more
Inc and SolarCity Corp shares have risen after
Elon Musk announced a proposed merger last week, but any further
bets will be small as both...
Read more
BRIEF-Elbit Imaging says unit signs agreement for sale of residential plot in Poland
* Elbit Imaging announces its subsidiary, Plaza Centers, has
signed an agreement for the sale of residential plot in lodz,
poland
Read more
signed an agreement for the sale of residential plot in lodz,
poland
Read more
BRIEF-Moody's - Medtronic's Heartware deal and dividend increase are credit negative
* Medtronic's Heartware deal and dividend increase are
credit negative
Source text for Eikon:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
credit negative
Source text for Eikon:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
BRIEF-Crombie REIT announces unitholder meeting voting results for $418 million transaction with Sobeys
* Crombie REIT announces unitholder meeting voting results
for $418 million transaction with Sobeys
Read more
for $418 million transaction with Sobeys
Read more
BRIEF-Dutch state to sell Propertize to consortium of Lone Star and JP Morgan
* Says agreement has been reached to sell Propertize B.V. to a consortium consisting of Lone
Star and JP Morgan for 895.3 million euros ($989.04 million)
Read more
Star and JP Morgan for 895.3 million euros ($989.04 million)
Read more
Mexican tycoon Slim tightens grip on Spain's FCC
MADRID, June 28 (Reuters) - Mexican billionaire Carlos Slim
on Tuesday gained control of the board of Spanish building and
infrastructure company FCC, the latest step in his
offensive after launching...
Read more
on Tuesday gained control of the board of Spanish building and
infrastructure company FCC, the latest step in his
offensive after launching...
Read more
UPDATE 1-Argentina to offer investors option to sell back GDP warrants
NEW YORK, June 28 (IFR) - Argentina plans to offer options
to investors to retire GDP warrants - a move that could save the
South American country some US$9.4bn, the Finance Ministry said
on Tuesday.
Read more
to investors to retire GDP warrants - a move that could save the
South American country some US$9.4bn, the Finance Ministry said
on Tuesday.
Read more
UPDATE 1-Hapag-Lloyd agrees merger terms with shipping peer UASC
FRANKFURT, June 28 (Reuters) - German container shipping
line Hapag-Lloyd AG has agreed a merger deal with
United Arab Shipping Company (UASC), creating a group with an
estimated value of 7 to 8...
Read more
line Hapag-Lloyd AG has agreed a merger deal with
United Arab Shipping Company (UASC), creating a group with an
estimated value of 7 to 8...
Read more
German real estate group IVG to launch 3 billion eur sale - sources
FRANKFURT, June 28 (Reuters) - Real estate group IVG is
launching a roughly 3 billion euro ($3.3 billion) asset sale as
its hedge fund owners are hoping to lock in high prices in a
buoyant German...
Read more
launching a roughly 3 billion euro ($3.3 billion) asset sale as
its hedge fund owners are hoping to lock in high prices in a
buoyant German...
Read more
Britain's services exporters have more to lose from Brexit
LONDON, June 28 (Reuters) - When the Law Society canvassed
clients in late 2015 for their thoughts on a British exit from
the European Union, one intellectual property lawyer give a
blunt assessment...
Read more
clients in late 2015 for their thoughts on a British exit from
the European Union, one intellectual property lawyer give a
blunt assessment...
Read more
BRIEF-Sanofi sounding out Medivation shareholders as it prepares to raise bid- CNBC
* Sanofi sounding out Medivation shareholders as it prepares
to raise bid- CNBC
(Bengaluru Newsroom: +1 646 223 8780)
Read more
to raise bid- CNBC
(Bengaluru Newsroom: +1 646 223 8780)
Read more
McKesson's tech solutions business to merge with Change Healthcare
June 28 (Reuters) - Healthcare services provider McKesson
Corp said it would combine most of its technology
solutions business with Change Healthcare Holdings Inc to form a
new company with pro forma...
Read more
Corp said it would combine most of its technology
solutions business with Change Healthcare Holdings Inc to form a
new company with pro forma...
Read more
Canada antitrust regulator clears Canexus-Superior Plus deal
June 28 (Reuters) - Canadian chemical company Canexus Corp
said Canada's antitrust regulator had approved its
proposed buyout by rival Superior Plus Corp.
Read more
said Canada's antitrust regulator had approved its
proposed buyout by rival Superior Plus Corp.
Read more
UPDATE 1-Air Canada confirms $3.8 billion Bombardier jet order
TORONTO, June 28 (Reuters) - Air Canada said on
Tuesday it had finalized an order to buy 45 Bombardier Inc
CSeries jets with an option to purchase another 30, a
key deal for the Canadian planemaker.
Read more
Tuesday it had finalized an order to buy 45 Bombardier Inc
CSeries jets with an option to purchase another 30, a
key deal for the Canadian planemaker.
Read more
BRIEF-Fibra Uno buys office building in Mexico City for MXN 2.90 bln
* Said on Monday that it had closed the acquisition of Torre
Cuarzo, an office building in Mexico City
Read more
Cuarzo, an office building in Mexico City
Read more
BRIEF-National Storage Affiliates Trust Tto acquire 29 self storage properties
* National Storage Affiliates Trust announces planned
acquisition of 29 self storage properties totaling approximately
$190 million
Read more
acquisition of 29 self storage properties totaling approximately
$190 million
Read more
BRIEF-UK's CMA says not to recommend McKesson-Bupa Home deal to in-depth investigation
* Decided not to recommend McKesson Corp deal with Bupa Home
Healthcare to a phase 2 investigation
Source text: http://bit.ly/292ycrB
Further company coverage:
(Bengaluru Newsroom)
Read more
Healthcare to a phase 2 investigation
Source text: http://bit.ly/292ycrB
Further company coverage:
(Bengaluru Newsroom)
Read more
Nikkei edges up in volatile trade, but auto sector weak
TOKYO, June 28 (Reuters) - Japanese stocks edged higher in
volatile trade on Tuesday as a pause in sterling's fall offered
some respite, but gains were capped by weakness in automakers.
Read more
volatile trade on Tuesday as a pause in sterling's fall offered
some respite, but gains were capped by weakness in automakers.
Read more
Monday, June 27, 2016
Pfizer to invest $350 mln in China biotech hub, first in Asia
SHANGHAI, June 28 (Reuters) - Pfizer Inc will invest
$350 million to build a biotech centre in China, the latest in a
series of moves by pharma industry giants to set up shop in the
world's no. 2...
Read more
$350 million to build a biotech centre in China, the latest in a
series of moves by pharma industry giants to set up shop in the
world's no. 2...
Read more
RPT-British government puts sale of RBS, Lloyds stakes on hold after Brexit vote -sources
LONDON, June 27 (Reuters) - Britain's government has
scrapped plans to sell stakes in Royal Bank of Scotland
and Lloyds Banking Group this year in the wake of the
Brexit vote, sources said, a...
Read more
scrapped plans to sell stakes in Royal Bank of Scotland
and Lloyds Banking Group this year in the wake of the
Brexit vote, sources said, a...
Read more
S.Korea antitrust regulator says investigating Apple on 'some matters'
SEOUL, June 28 (Reuters) - South Korea's Fair Trade
Commission (FTC) is investigating "some matters" relating to
tech giant Apple Inc, the head of the anticompetition
body said during a parliamentary...
Read more
Commission (FTC) is investigating "some matters" relating to
tech giant Apple Inc, the head of the anticompetition
body said during a parliamentary...
Read more
Lyft hires investment bank Qatalyst Partners -WSJ
June 27 (Reuters) - Ride-sharing service Lyft has hired
investment bank Qatalyst Partners, the Wall Street Journal
reported on Monday, citing people familiar with the matter.
Read more
investment bank Qatalyst Partners, the Wall Street Journal
reported on Monday, citing people familiar with the matter.
Read more
UPDATE 1-Mayne Pharma nears deal for Teva assets -source
June 27 (Reuters) - Australia's Mayne Pharma Group Ltd
on Tuesday said it will acquire U.S. generic products
from Teva Pharmaceuticals for $652 million, helping it
propel into the top 2 in the...
Read more
on Tuesday said it will acquire U.S. generic products
from Teva Pharmaceuticals for $652 million, helping it
propel into the top 2 in the...
Read more
UPDATE 1-Two SolarCity board members will consider Tesla deal
LOS ANGELES, June 27 (Reuters) - Solar panel maker SolarCity
Corp said on Monday it has formed a special committee
of just two directors to evaluate Tesla Motors Inc's
$2.8 billion takeover offer.
Read more
Corp said on Monday it has formed a special committee
of just two directors to evaluate Tesla Motors Inc's
$2.8 billion takeover offer.
Read more
UPDATE 3-Viacom board rejected offer for director to meet Sumner Redstone
NEW YORK/SAN FRANCISCO, June 27 (Reuters) - Viacom Inc's
board rejected an offer by Sumner Redstone's attorneys
to have one of Viacom's independent directors meet face-to-face
with the 93-year-old...
Read more
board rejected an offer by Sumner Redstone's attorneys
to have one of Viacom's independent directors meet face-to-face
with the 93-year-old...
Read more
UPDATE 1-Most holders of Brazil's Estácio back Kroton bid -source
RIO DE JANEIRO, June 27 (Reuters) - At least 52 percent of
shareholders in Brazilian for-profit college operator Estácio
Participações SA have voiced their support for rival Kroton
Educacional SA's...
Read more
shareholders in Brazilian for-profit college operator Estácio
Participações SA have voiced their support for rival Kroton
Educacional SA's...
Read more
Mayne Pharma nears deal for Teva assets -source
June 27 (Reuters) - Australian pharmaceutical company Mayne
Pharma Group Ltd is nearing a deal to purchase assets
from Teva Pharmaceuticals worth around $600 million, a
person familiar with the...
Read more
Pharma Group Ltd is nearing a deal to purchase assets
from Teva Pharmaceuticals worth around $600 million, a
person familiar with the...
Read more
REFILE-Allergy Therapeutics says study fails to find hay fever therapy dose range
June 27 (Reuters) - Drug developer Allergy Therapeutics Plc
said a study on suitable doses of its therapy to treat
grass allergic rhinitis, or hay fever, did not find a
recommended dose for a...
Read more
said a study on suitable doses of its therapy to treat
grass allergic rhinitis, or hay fever, did not find a
recommended dose for a...
Read more
Sunday, June 26, 2016
Australia's Asciano resolves dispute gnawing at $6.8 bln buyout
SYDNEY, June 27 (Reuters) - Australian freight giant Asciano
Ltd on Monday said it has resolved a legal dispute with
a trucking subsidiary that had threatened to delay a A$9.1
billion ($6.8 billion)...
Read more
Ltd on Monday said it has resolved a legal dispute with
a trucking subsidiary that had threatened to delay a A$9.1
billion ($6.8 billion)...
Read more
PRESS DIGEST- Financial Times - June 27
June 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
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Intel considers sale of cyber security business -FT
NEW YORK, June 26 (Reuters) - Chipmaker Intel Corp
is considering the sale of its cyber security business, the
Financial Times reported on Sunday.
Read more
is considering the sale of its cyber security business, the
Financial Times reported on Sunday.
Read more
UPDATE 1-Israel's Harel in talks with Noble to buy stake in Tamar gas field
JERUSALEM, June 26 (Reuters) - Israel's Harel Insurance
Investments and Financial Services said on Sunday it
is in talks to buy up to 4 percent in the Tamar natural gas
field from Texas-based Noble...
Read more
Investments and Financial Services said on Sunday it
is in talks to buy up to 4 percent in the Tamar natural gas
field from Texas-based Noble...
Read more
Israel's Harel in talks with Noble to buy stake in Tamar gas field
JERUSALEM, June 26 (Reuters) - Israeli insurer Harel
said on Sunday it is in talks to buy up to 4 percent
in the Tamar natural gas field from Texas-based Noble Energy
.
Read more
said on Sunday it is in talks to buy up to 4 percent
in the Tamar natural gas field from Texas-based Noble Energy
.
Read more
Saturday, June 25, 2016
SolarCity recuses two more board members from voting on Tesla offer
June 25 (Reuters) - Two additional SolarCity Corp
board members with ties to Elon Musk are recusing themselves
from making decisions regarding Tesla Motors Inc's
offer to buy the solar power...
Read more
board members with ties to Elon Musk are recusing themselves
from making decisions regarding Tesla Motors Inc's
offer to buy the solar power...
Read more
UPDATE 2-Russia secures energy deals, talks security with China as Putin visits
BEIJING, June 25 (Reuters) - Russia and China sealed a raft
of energy deals during President Vladimir Putin's visit to
Beijing on Saturday, strengthening economic ties while pledging
to preserve the...
Read more
of energy deals during President Vladimir Putin's visit to
Beijing on Saturday, strengthening economic ties while pledging
to preserve the...
Read more
Friday, June 24, 2016
BRIEF-Williams says remains "committed" to closing merger with ETE
* Williams remains committed to closing merger under merger
agreement entered into with ETE on September 28, 2015
Read more
agreement entered into with ETE on September 28, 2015
Read more
UPDATE 1-Delaware judge rules for ETE in Williams merger dispute
NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival...
Read more
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival...
Read more
BRIEF-Norwood Financial, Delaware Bancshares shareholders approve proposed merger
* Norwood Financial Corp. and Delaware Bancshares, Inc.
announce shareholder approval of proposed merger
Read more
announce shareholder approval of proposed merger
Read more
Glass Lewis urges Medivation shareholders to support current board
June 24 (Reuters) - Medivation Inc said shareholder
advisory firm Glass Lewis & Co has recommended the cancer drug
maker's stockholders to not support Sanofi SA's
efforts to replace the company's...
Read more
advisory firm Glass Lewis & Co has recommended the cancer drug
maker's stockholders to not support Sanofi SA's
efforts to replace the company's...
Read more
BRIEF-IHS says UK vote does not change merger plans with Markit
* IHS Inc says decision by the UK to leave European Union
does not change plans of IHS and Markit's merger plans - SEC
filing
Read more
does not change plans of IHS and Markit's merger plans - SEC
filing
Read more
BRIEF-Fitch downgrades Molson Coors to 'BBB-'; outlook stable
* 'BBB-' rating reflects confidence regarding Molson Coors'
commitment, expected de-leveraging path during next 3 years
after transaction close
Read more
commitment, expected de-leveraging path during next 3 years
after transaction close
Read more
BRIEF-UK's CMA says considering if Diebold-Wincor deal will lessen competition
* Considering whether anticipated acquisition by Diebold of
Wincor Nixdorf will result in substantial fall of competition
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
Wincor Nixdorf will result in substantial fall of competition
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
UPDATE 1-From beer to drugs to cars: Global business laments EU vote
LONDON, June 24 (Reuters) - Chief executives from Tokyo to
Denver woke up on Friday to currency turmoil, plunging share
prices and tough decisions after Britain's vote to leave the
European Union...
Read more
Denver woke up on Friday to currency turmoil, plunging share
prices and tough decisions after Britain's vote to leave the
European Union...
Read more
Deals of the day- Mergers and acquisitions
June 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0935 GMT on Friday:
Read more
acquisitions and disposals were reported by 0935 GMT on Friday:
Read more
BRIEF-Full Circle Capital Corp to merge with Great Elm Capital Corp
* Full circle capital corporation to merge
Source text for Eikon:
Further company coverage:
)
Read more
Source text for Eikon:
Further company coverage:
)
Read more
UPDATE 1-LSE, Deutsche Boerse press on with $30 bln merger after Brexit vote
* LSE share -12.8 pct, Deutsche Boerse share -8.4 pct
(Adds quote, detail, context, shares)
Read more
(Adds quote, detail, context, shares)
Read more
Thursday, June 23, 2016
Henkel buys laundry care firm Sun Products in $3.5 bln deal
FRANKFURT, June 24 (Reuters) - German consumer products
group Henkel said it was buying U.S. laundry and
home care company The Sun Products Corp from a fund of Vestar
Capital Partners in a deal...
Read more
group Henkel said it was buying U.S. laundry and
home care company The Sun Products Corp from a fund of Vestar
Capital Partners in a deal...
Read more
UPDATE 1-Henkel buys laundry care firm Sun Products in $3.5 bln deal
* Henkel CEO says acquisition is major strategic move
(Adds Henkel CEO comment, further details)
Read more
(Adds Henkel CEO comment, further details)
Read more
UPDATE 1-Boeing defends Iran jet deal as new details emerge
June 23 (Reuters) - Boeing Co defended dealings with
Iran on Thursday as further details emerged of a draft deal to
sell or lease 109 aircraft to the country's main carrier.
Read more
Iran on Thursday as further details emerged of a draft deal to
sell or lease 109 aircraft to the country's main carrier.
Read more
UPDATE 1-Viacom CEO asks court to order medical exam of Sumner Redstone
June 23 (Reuters) - Viacom Inc Chief Executive
Philippe Dauman and board member George Abrams asked a
Massachusetts court on Thursday to require an immediate medical
exam of controlling shareholder...
Read more
Philippe Dauman and board member George Abrams asked a
Massachusetts court on Thursday to require an immediate medical
exam of controlling shareholder...
Read more
UPDATE 2-California insurance chief urges U.S. to block Aetna-Humana deal
NEW YORK, June 23 (Reuters) - California's insurance
commissioner on Thursday urged national antitrust regulators to
block health insurer Aetna Inc's proposed $34 billion
acquisition of Humana Inc.
Read more
commissioner on Thursday urged national antitrust regulators to
block health insurer Aetna Inc's proposed $34 billion
acquisition of Humana Inc.
Read more
California insurance commissioner urges DOJ to block Aetna-Humana deal
NEW YORK, June 23 (Reuters) - California Insurance
Commissioner Dave Jones weighed in on Thursday against health
insurer Aetna Inc.'s proposed $34 billion acquisition of
Humana Inc., urging national...
Read more
Commissioner Dave Jones weighed in on Thursday against health
insurer Aetna Inc.'s proposed $34 billion acquisition of
Humana Inc., urging national...
Read more
BRIEF-Rouse Properties Inc. stockholders approve merger
* Votes "for" merger totaled about 51,127,690 million
shares, or approximately 88.32% of company's outstanding shares
of common stock
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
shares, or approximately 88.32% of company's outstanding shares
of common stock
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
BRIEF-MTS shareholders approve acquisition by BCE
* Arrangement resolution was approved by 99.66% of
43,098,172 votes cast by co's shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
43,098,172 votes cast by co's shareholders
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1 646 223 8780)
Read more
Bombardier to get $1 bln Quebec investment, eyes on federal talks
* Quebec can seek same terms as any future federal deal
(Adds comments from interview with Quebec Transport Minister)
Read more
(Adds comments from interview with Quebec Transport Minister)
Read more
Bank Leumi lowers stake in Kenon Holdings to 6.95 pct
TEL AVIV, June 23 (Reuters) - Israel's Bank Leumi
sold a 7.08 percent stake in Kenon Holdings for 159
million shekels ($41.6 million) to Ansonia Holdings Singapore,
reducing its stake in the holding...
Read more
sold a 7.08 percent stake in Kenon Holdings for 159
million shekels ($41.6 million) to Ansonia Holdings Singapore,
reducing its stake in the holding...
Read more
Qunar Cayman Islands receives go-private offer
June 23 (Reuters) - Chinese online travel agency Qunar
Cayman Islands Ltd said on Thursday a unit of private
equity fund Ocean Imagination LP offered to take the company
private.
Read more
Cayman Islands Ltd said on Thursday a unit of private
equity fund Ocean Imagination LP offered to take the company
private.
Read more
EU mergers and takeovers (June 23)
BRUSSELS, June 23 (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
Potential rival to LME would be costly; tie-up an option
LONDON, June 23 (Reuters) - The idea of launching a platform
to rival the London Metal Exchange, the world's biggest market
for industrial metals, is unlikely to become reality without
large amounts...
Read more
to rival the London Metal Exchange, the world's biggest market
for industrial metals, is unlikely to become reality without
large amounts...
Read more
UPDATE 1-Belarus may revive potash cooperation with Uralkali
MINSK/MUMBAI, June 23 (Reuters) - Belarus is considering
cooperating with Russian potash producer Uralkali, it
said on Thursday, the first sign the two sides might work
together again since Uralkali...
Read more
cooperating with Russian potash producer Uralkali, it
said on Thursday, the first sign the two sides might work
together again since Uralkali...
Read more
BRIEF-GE gets offer from Cerberus Capital for its consumer finance business in France
* Ge receives binding offer from cerberus capital management
for sale of consumer finance business in france
Read more
for sale of consumer finance business in france
Read more
Deals of the day- Mergers and acquisitions
June 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
Read more
acquisitions and disposals were reported by 0930 GMT on
Thursday:
Read more
Wednesday, June 22, 2016
MIDEAST STOCKS - Factors to watch - June 23
DUBAI, June 23 (Reuters) - Here are some factors that may
affect Middle East stock markets on Thursday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
affect Middle East stock markets on Thursday. Reuters has not
verified the press reports and does not vouch for their
accuracy.
Read more
PRESS DIGEST - Wall Street Journal - June 23
June 23 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
China's Sanpower confirms joint bid for McDonald's HK, China assets
HONG KONG, June 23 (Reuters) - China's Sanpower Group said
it has submitted a joint bid with Beijing Tourism Group for
McDonald's Hong Kong and China businesses, confirming
information provided by...
Read more
it has submitted a joint bid with Beijing Tourism Group for
McDonald's Hong Kong and China businesses, confirming
information provided by...
Read more
WRAPUP 2-Behind Tesla carnage, signs of support for Musk's SolarCity deal
June 22 (Reuters) - Some of Tesla Motor Inc's
biggest investors have signaled support for CEO Elon Musk's plan
to buy solar power company SolarCity Corp, although the
electric car maker's stock...
Read more
biggest investors have signaled support for CEO Elon Musk's plan
to buy solar power company SolarCity Corp, although the
electric car maker's stock...
Read more
UPDATE 1-Okta hires Goldman Sachs to lead IPO or sale -sources
June 22 (Reuters) - Okta Inc, a U.S. cloud identity
management company valued at $1.2 billion in its latest private
fundraising round, has hired Goldman Sachs Group to lead
an initial public offering...
Read more
management company valued at $1.2 billion in its latest private
fundraising round, has hired Goldman Sachs Group to lead
an initial public offering...
Read more
SolarCity's thrifty message clashes with Tesla's luxury branding
LOS ANGELES, June 22 (Reuters) - Elon Musk is betting that
luxury electric car buyers and rooftop solar customers are a
single market. The marketing messages of Tesla and SolarCity
tell a different...
Read more
luxury electric car buyers and rooftop solar customers are a
single market. The marketing messages of Tesla and SolarCity
tell a different...
Read more
UPDATE 4-VW owners close ranks as investors vent fury over crisis
* CEO stresses readiness to change to assuage critics
(Adds voting behaviour and comment from Lower Saxony)
Read more
(Adds voting behaviour and comment from Lower Saxony)
Read more
UPDATE 1-Viacom board stays in place as judge steers away from Redstone competence question
WILMINGTON, Del., June 22 (Reuters) - Viacom Inc's
directors can stay in place, at least for now, as a Delaware
judge said at a hearing on Wednesday that a legal fight over the
media company's board...
Read more
directors can stay in place, at least for now, as a Delaware
judge said at a hearing on Wednesday that a legal fight over the
media company's board...
Read more
BRIEF-Sunoco completes buy of New York-based convenience store business
* Sunoco LP completes acquisition of New York based
convenience store business
Source text for Eikon:
Further company coverage:
(Bangalore Newsroom : +1 646 223 8780)
Read more
convenience store business
Source text for Eikon:
Further company coverage:
(Bangalore Newsroom : +1 646 223 8780)
Read more
BRIEF-Pope Resources announces timberland acquisition
* Agreement to acquire about 7,300 acres of timberland in
western Washington for $31.9 million
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
western Washington for $31.9 million
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
UPDATE 1-Gundlach says considering selling European equities on 'Bremain' vote
NEW YORK, June 22 (Reuters) - Jeffrey Gundlach, the chief
executive officer at DoubleLine Capital, said Wednesday that his
firm is considering selling its position in European equities
early Friday...
Read more
executive officer at DoubleLine Capital, said Wednesday that his
firm is considering selling its position in European equities
early Friday...
Read more
Okta hires Goldman Sachs to lead IPO or sale -sources
June 22 (Reuters) - Okta Inc, a U.S. cloud identity
management company valued at $1.2 billion in its latest private
fundraising round, has hired Goldman Sachs Group to lead
an initial public offering...
Read more
management company valued at $1.2 billion in its latest private
fundraising round, has hired Goldman Sachs Group to lead
an initial public offering...
Read more
Deals of the day- Mergers and acquisitions
June 22 (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 1-Chanos: SolarCity deal 'corporate governance at its worst'
NEW YORK, June 22 (Reuters) - Shortseller Jim Chanos of
Kynikos Associates blasted Tesla Motors Inc's proposed
acquisition of SolarCity Corp, describing it as a
"brazen" bailout and "shameful example...
Read more
Kynikos Associates blasted Tesla Motors Inc's proposed
acquisition of SolarCity Corp, describing it as a
"brazen" bailout and "shameful example...
Read more
UPDATE 1-Blackstone buys minority stake in hedge fund Marathon
BOSTON, June 22 (Reuters) - Blackstone Group LP, the
world's biggest investor in hedge funds, said on Wednesday that
it bought a minority stake in $13 billion hedge fund Marathon
Asset Management.
Read more
world's biggest investor in hedge funds, said on Wednesday that
it bought a minority stake in $13 billion hedge fund Marathon
Asset Management.
Read more
Kynikos' Chanos: SolarCity deal 'corporate governance at its worst' -CNBC
NEW YORK, June 22 (Reuters) - Shortseller Jim Chanos of
Kynikos Associates blasted Tesla Motors' proposed acquisition of
SolarCity on Wednesday, telling CNBC that the "brazen Tesla
bail-out of...
Read more
Kynikos Associates blasted Tesla Motors' proposed acquisition of
SolarCity on Wednesday, telling CNBC that the "brazen Tesla
bail-out of...
Read more
UPDATE 1-Tesla's planned SolarCity buy puzzles everybody but Musk
June 22 (Reuters) - To Elon Musk, Tesla Motors Inc's
planned buyout of SolarCity Corp was a
"no-brainer".
Read more
planned buyout of SolarCity Corp was a
"no-brainer".
Read more
UAE food firm NFPC pulls stake sale on valuation mismatch - sources
DUBAI, June 22 (Reuters) - The owners of National Foods
Products Company (NFPC) have abandoned the sale of a majority
stake in the Abu Dhabi-based firm after final round bids failed
to meet their...
Read more
Products Company (NFPC) have abandoned the sale of a majority
stake in the Abu Dhabi-based firm after final round bids failed
to meet their...
Read more
Tesla's planned SolarCity buy puzzles everybody but Musk
June 22 (Reuters) - To Elon Musk, Tesla Motors Inc's
planned buyout of SolarCity Corp was a
"no-brainer".
Read more
planned buyout of SolarCity Corp was a
"no-brainer".
Read more
UPDATE 1-Tesla's Musk says has "zero doubt" about buying SolarCity
June 22 (Reuters) - Tesla Motors Inc Chief
Executive Elon Musk said he has "zero doubt" about buying solar
installation firm SolarCity Corp and that he should
have done it sooner.
Read more
Executive Elon Musk said he has "zero doubt" about buying solar
installation firm SolarCity Corp and that he should
have done it sooner.
Read more
BRIEF-HomeStreet to buy Granada Hills and Burbank branches from Boston Private Bank & Trust
* HomeStreet inc says transaction would increase number of
HomeStreet's retail branches to 12 in Southern California
Read more
HomeStreet's retail branches to 12 in Southern California
Read more
Tesla's Musk says has "zero doubt" about buying SolarCity
June 22 (Reuters) - Tesla Motors Inc Chief
Executive Elon Musk said he has "zero doubt" about buying
SolarCity Corp and that he should have done it sooner.
Read more
Executive Elon Musk said he has "zero doubt" about buying
SolarCity Corp and that he should have done it sooner.
Read more
PRESS DIGEST- Canada - June 22
June 22 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Northern Tier, Western Refining announce preliminary merger consideration election results
* Western refining and northern tier announce preliminary
merger consideration election results
Read more
merger consideration election results
Read more
Australia's ASX lifts stake in U.S. blockchain developer
SYDNEY, June 22 (Reuters) - Australian markets operator ASX
Ltd said on Wednesday it was exercising an option to
lift its stake in U.S. blockchain developer Digital Asset
Holdings, stepping up its...
Read more
Ltd said on Wednesday it was exercising an option to
lift its stake in U.S. blockchain developer Digital Asset
Holdings, stepping up its...
Read more
BRIEF-Caixabank closes Visa Europe stake sale with net gain of 115 mln euros
* Says Visa Inc buys Visa Europe, net capital gain for
Caixabank of 115 million euros ($129.6 million) in Q2
Read more
Caixabank of 115 million euros ($129.6 million) in Q2
Read more
Tuesday, June 21, 2016
UPDATE 1-McDonald's gets bids from Beijing Tourism, Sanpower for China, HK sale-sources
* McDonald is China's No. 2 fast food chain behind Yum
(Adds background on Mcdonald's China ranking, Yum sale)
Read more
(Adds background on Mcdonald's China ranking, Yum sale)
Read more
SoftBank investors shrug off abrupt exit of heir apparent Arora
TOKYO, June 22 (Reuters) - SoftBank Group investors
shrugged off on Wednesday the surprise departure of the heir
apparent at the Japanese internet and telecoms conglomerate,
welcoming founder...
Read more
shrugged off on Wednesday the surprise departure of the heir
apparent at the Japanese internet and telecoms conglomerate,
welcoming founder...
Read more
McDonald's gets bids from Beijing Tourism, Sanpower for China, HK sale-sources
HONG KONG/SINGAPORE, June 22 (Reuters) - McDonald's Corp
has received more than half a dozen bids for its planned
sale of China and Hong Kong stores, including offers from
Beijing Tourism Group,...
Read more
has received more than half a dozen bids for its planned
sale of China and Hong Kong stores, including offers from
Beijing Tourism Group,...
Read more
BRIEF-Saratoga Resources files notice of hearing regarding Chapter 11 plan of reorganization
* Saratoga resources, inc. Files notice of hearing on
approval of adequacy of disclosure statement for joint chapter
11 plan of reorganization
Source text for Eikon:
Further company coverage:
...
Read more
approval of adequacy of disclosure statement for joint chapter
11 plan of reorganization
Source text for Eikon:
Further company coverage:
...
Read more
BRIEF-Rofin-Sinar Technologies says three proxy firms recommend voting for Coherent merger
* Rofin-Sinar- ISS, Glass Lewis and Egan-Jones have each
independently recommended that Rofin stockholders vote for
adoption of merger agreement with coherent
Source text for Eikon:
Further...
Read more
independently recommended that Rofin stockholders vote for
adoption of merger agreement with coherent
Source text for Eikon:
Further...
Read more
UPDATE 1-Tesla offers to buy solar panel maker SolarCity in deal up to $2.8 bln
June 21 (Reuters) - Elon Musk's Tesla Motors Inc
said on Tuesday it has made an offer to acquire solar panel
maker SolarCity Corp in an all-stock deal worth as much
as $2.8 billion, as the electric...
Read more
said on Tuesday it has made an offer to acquire solar panel
maker SolarCity Corp in an all-stock deal worth as much
as $2.8 billion, as the electric...
Read more
UPDATE 1-QEP Resources to pay $600 million for Permian shale acreage
HOUSTON, June 21 (Reuters) - U.S. oil producer QEP Resources
Inc said on Tuesday it would spend $600 million to buy
acreage in the Permian Basin of Texas, the latest in a recent
string of sector...
Read more
Inc said on Tuesday it would spend $600 million to buy
acreage in the Permian Basin of Texas, the latest in a recent
string of sector...
Read more
Tesla rival Faraday approved to test self-driving cars on California roads
DETROIT, June 21 (Reuters) - Faraday Future plans to begin
testing prototype self-driving electric vehicles on California
roads later this year after winning approval from the state, an
industry...
Read more
testing prototype self-driving electric vehicles on California
roads later this year after winning approval from the state, an
industry...
Read more
UPDATE 1-Intent Media buys software firm Voyat to compete for travel ads
SAN FRANCISCO, June 21 (Reuters) - Intent Media, a provider
of advertising tools for online travel agencies, is buying
software company Voyat in a bid to take ad dollars from search
engines such as...
Read more
of advertising tools for online travel agencies, is buying
software company Voyat in a bid to take ad dollars from search
engines such as...
Read more
BRIEF-Verizon to acquire privately-held Telogis Inc
* Verizon to enhance significantly its connected vehicle
business with the acquisition of Telogis
Read more
business with the acquisition of Telogis
Read more
Brazil's Lower House OK's raising foreign stake in airlines
BRASILIA, June 21 (Reuters) - Brazil's Lower House on
Tuesday approved a presidential decree to raise the level of
permitted foreign ownership in local airlines as the industry
struggles with a...
Read more
Tuesday approved a presidential decree to raise the level of
permitted foreign ownership in local airlines as the industry
struggles with a...
Read more
UPDATE 1-Altice may seek more U.S. growth after Cablevision deal
June 21 (Reuters) - Netherlands-based telecom company Altice
NV may not be done seeking U.S. growth through
acquisitions, an Altice executive said, after the European group
completed a $17.7 billion...
Read more
NV may not be done seeking U.S. growth through
acquisitions, an Altice executive said, after the European group
completed a $17.7 billion...
Read more
UPDATE 2-Impax buys generic drugs from Teva, Allergan for $586 mln
June 21 (Reuters) - Impax Laboratories Inc said it
would buy a portfolio of generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for about $586
million.
Read more
would buy a portfolio of generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for about $586
million.
Read more
Estacio's No 2 shareholder to vote against sweetened Kroton offer - source
SAO PAULO, June 21 (Reuters) - Estácio Participações SA's No
2 shareholder, the Zaher family, plans to vote against a
sweetened takeover proposal from rival Brazilian education
company Kroton...
Read more
2 shareholder, the Zaher family, plans to vote against a
sweetened takeover proposal from rival Brazilian education
company Kroton...
Read more
VW says Diess under investigation, sees no evidence of market manipulation
FRANKFURT, June 21 (Reuters) - Volkswagen on
Tuesday confirmed that prosecutors in Braunschweig, Germany,
were probing VW brand chief Herbert Diess as part of an
investigation into whether Europe's...
Read more
Tuesday confirmed that prosecutors in Braunschweig, Germany,
were probing VW brand chief Herbert Diess as part of an
investigation into whether Europe's...
Read more
Altice says seeks more U.S. growth after Cablevision deal
June 21 (Reuters) - Altice could target more U.S.
growth through acquisitions, a top executive said, after the
European telecoms group completed a $17.7 billion deal to buy
Cablevision Systems, its...
Read more
growth through acquisitions, a top executive said, after the
European telecoms group completed a $17.7 billion deal to buy
Cablevision Systems, its...
Read more
UPDATE 1-Kroton raises Estácio bid as battle for Brazil colleges heats up
SAO PAULO/BRASILIA, June 21 (Reuters) - Kroton Educacional
SA, Brazil's largest for-profit education firm,
improved on Tuesday the terms of an unsolicited bid for Estácio
Participações SA in an...
Read more
SA, Brazil's largest for-profit education firm,
improved on Tuesday the terms of an unsolicited bid for Estácio
Participações SA in an...
Read more
BRIEF-Axia NetMedia announces second extension of outside date
* Axia NetMedia announces second extension of outside date
for completion of going private transaction
Read more
for completion of going private transaction
Read more
UPDATE 1-Investcorp buys Italian luxury tailor Corneliani
MILAN, June 21 (Reuters) - Gulf investment firm Investcorp
has bought a majority stake in Italian menswear
company Corneliani in a deal that values the group at $100
million, it said on Tuesday.
Read more
has bought a majority stake in Italian menswear
company Corneliani in a deal that values the group at $100
million, it said on Tuesday.
Read more
UPDATE 2-Williams, ETE spar over taxes as merger trial opens
GEORGETOWN, Del., June 20 (Reuters) - Williams Cos Inc
and Energy Transfer Equity LP sparred in court
on Monday over a tax dispute that threatens to scuttle their $20
billion merger just one week...
Read more
and Energy Transfer Equity LP sparred in court
on Monday over a tax dispute that threatens to scuttle their $20
billion merger just one week...
Read more
Monday, June 20, 2016
Dell software deal flexes Elliott's newly developed buyout muscle
NEW YORK/SAN FRANCISCO, June 20 (Reuters) - Elliott
Management Corp's deal to acquire Dell Inc's software assets
shows how the U.S. hedge fund and prominent activist investor is
stepping up its...
Read more
Management Corp's deal to acquire Dell Inc's software assets
shows how the U.S. hedge fund and prominent activist investor is
stepping up its...
Read more
Dream Office REIT to sell 50 pct interest in Scotia Plaza to KingSett, AIMCo
June 20 (Reuters) - Real estate investment trust Dream
Office REIT said it would sell a 50 percent interest in
Scotia Plaza, Canada's second tallest office building, to
KingSett Capital and AIMCo.
Read more
Office REIT said it would sell a 50 percent interest in
Scotia Plaza, Canada's second tallest office building, to
KingSett Capital and AIMCo.
Read more
BRIEF-H&R REIT to sell its stake in Scotia Plaza
* H&R expects to receive net proceeds of approximately $229
million before closing costs and adjustments
Read more
million before closing costs and adjustments
Read more
BRIEF-Retrophin buys liquid formulation of Ursodeoxycholic acid
* Made an upfront payment of $0.5 million and will make
future payments of up to $23.5 million based on cumulative sales
milestones
Read more
future payments of up to $23.5 million based on cumulative sales
milestones
Read more
BRIEF-Kindred Healthcare to acquire in-home health care operations in Arkansas
* Kindered Healthcare And The Arkansas Department Of Health
Announce Definitive Agreement For Kindred To Acquire In-Home
health care operations
Source text for Eikon:
Further company coverage:
...
Read more
Announce Definitive Agreement For Kindred To Acquire In-Home
health care operations
Source text for Eikon:
Further company coverage:
...
Read more
BRIEF-One Liberty Properties buys portfolio of four retail properties
* Acquired a portfolio of four free standing retail
properties located in Ohio for $6.5 million
Read more
properties located in Ohio for $6.5 million
Read more
BRIEF-Friendly's finalizes sale of retail ice cream, manufacturing business to Dean Foods
* Finalizes sale of retail ice cream, manufacturing business
to Dean Foods Co; deal for $155 million in cash
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
to Dean Foods Co; deal for $155 million in cash
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Old Mutual shortlists four buyout funds for Italian wealth unit deal - sources
LONDON, June 20 (Reuters) - Four private equity funds have
made it through to the final stages of an auction to buy the
Italian wealth arm of Old Mutual as the financial
services group presses ahead...
Read more
made it through to the final stages of an auction to buy the
Italian wealth arm of Old Mutual as the financial
services group presses ahead...
Read more
CORRECTED-Brazil's GPA denies top holder Casino plans to delist company
SAO PAULO, June 20 (Reuters) - GPA SA, Brazil's largest
diversified retailer, said on Monday that controlling
shareholder Casino Guichard Perrachon & Cie has no plans to
delist the company in Brazil...
Read more
diversified retailer, said on Monday that controlling
shareholder Casino Guichard Perrachon & Cie has no plans to
delist the company in Brazil...
Read more
UPDATE 3-Wal-Mart to sell China e-commerce unit to JD.com
June 20 (Reuters) - Wal-Mart Stores Inc said on
Monday it would sell its Chinese e-commerce business, Yihaodian,
to China's JD.com Inc and create a strategic alliance
that could help boost Wal-Mart's...
Read more
Monday it would sell its Chinese e-commerce business, Yihaodian,
to China's JD.com Inc and create a strategic alliance
that could help boost Wal-Mart's...
Read more
BRIEF-CR Capital says mutually agreed to end deal talks with DNI Metals
* Says mutually agreed to terminate merger discussions with
DNI Metals Inc
Source text for Eikon:
Further company coverage:
Read more
DNI Metals Inc
Source text for Eikon:
Further company coverage:
Read more
BRIEF-North South Petroleum to buy option for working interest in lithium projects
* To acquire option for working interest in five
Nevada-based lithium projects and water rights
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Nevada-based lithium projects and water rights
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
India eases foreign investment rules for airlines
NEW DELHI, June 20 (Reuters) - India eased rules for foreign
investment in the country's aviation sector on Monday in a bid
to boost air travel and develop new airports in Asia's
third-largest...
Read more
investment in the country's aviation sector on Monday in a bid
to boost air travel and develop new airports in Asia's
third-largest...
Read more
ETE's CEO heads to court over $20 bln Williams deal
WILMINGTON, Del., June 20 (Reuters) - Dallas billionaire
Kelcy Warren will head to court on Monday to defend against
allegations his pipeline company, Energy Transfer Equity LP
, has purposely tried...
Read more
Kelcy Warren will head to court on Monday to defend against
allegations his pipeline company, Energy Transfer Equity LP
, has purposely tried...
Read more
MOVES-Morgan Stanley nabs lawyer to chair UK investment banking
LONDON, June 20 (IFR) - Morgan Stanley has appointed lawyer
Mark Rawlinson, who has previously worked on large deals
including Shell's takeover of BG, as chairman of UK investment
banking, a newly...
Read more
Mark Rawlinson, who has previously worked on large deals
including Shell's takeover of BG, as chairman of UK investment
banking, a newly...
Read more
BRIEF-Marathon Oil to buy Payrock Energy Holdings
* Announced signing of a definitive purchase and sale
agreement to acquire payrock energy holdings
Read more
agreement to acquire payrock energy holdings
Read more
Investors seeking VW reform may be disappointed at AGM
FRANKFURT, June 20 (Reuters) - Investors hungry for reform
at Volkswagen after the diesel emissions
test-cheating scandal may be disappointed at the carmaker's
annual shareholder meeting on Wednesday.
Read more
at Volkswagen after the diesel emissions
test-cheating scandal may be disappointed at the carmaker's
annual shareholder meeting on Wednesday.
Read more
Sunday, June 19, 2016
PRESS DIGEST - Wall Street Journal - June 20
June 20 (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
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
HeidelbergCement has all regulatory approvals for Italcementi deal
FRANKFURT, June 19 (Reuters) - German cement producer
Heidelbergcement said on Sunday it had obtained all
competition approvals for closing its merger deal with peer
Italcementi after reaching an...
Read more
Heidelbergcement said on Sunday it had obtained all
competition approvals for closing its merger deal with peer
Italcementi after reaching an...
Read more
BRIEF-U.S. antitrust regulators have privately expressed concerns about Anthem-Cigna deal- WSJ
* U.S. antitrust regulators have privately expressed
concerns about Anthem's proposed acquisition of Cigna- WSJ,
citing sources
Read more
concerns about Anthem's proposed acquisition of Cigna- WSJ,
citing sources
Read more
Ant Financial looks to buy stake in Thai payments company
BEIJING, June 18 (Reuters) - Ant Financial Services Group,
Alibaba's financial services affiliate, is seeking to
buy a 20 percent stake in Ascend Money, an online payment
provider based in Thailand,...
Read more
Alibaba's financial services affiliate, is seeking to
buy a 20 percent stake in Ascend Money, an online payment
provider based in Thailand,...
Read more
UPDATE 1-UAE banks NBAD and FGB confirm merger talks, shares soar
June 19 (Reuters) - Shares in National Bank of Abu Dhabi
(NBAD) and First Gulf Bank (FGB) soared on
Sunday after they confirmed discussing a possible merger to
create what would be one of the...
Read more
(NBAD) and First Gulf Bank (FGB) soared on
Sunday after they confirmed discussing a possible merger to
create what would be one of the...
Read more
Saturday, June 18, 2016
UPDATE 2-U.S. requires HeidelbergCement, Italcementi to divest U.S. assets
WASHINGTON, June 17 (Reuters) - German cement producer
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest some U.S. assets to settle
the Federal Trade Commission's charge...
Read more
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest some U.S. assets to settle
the Federal Trade Commission's charge...
Read more
Friday, June 17, 2016
Essar Steel Algoma agrees sale of assets to KPS Capital Partners
TORONTO, June 17 (Reuters) - Essar Steel Algoma Inc
(ESA) said on Friday it had agreed to sell its
assets to a consortium formed by New York-based private equity
firm KPS Capital Partners and its...
Read more
(ESA) said on Friday it had agreed to sell its
assets to a consortium formed by New York-based private equity
firm KPS Capital Partners and its...
Read more
U.S. FTC requires HeidelbergCement and Italcementi to divest U.S. assets
WASHINGTON, June 17 (Reuters) - German cement producer
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest a cement plant in Virginia
and up to 11 cement distribution...
Read more
HeidelbergCement AG and Italian producer Italcementi
SpA have agreed to divest a cement plant in Virginia
and up to 11 cement distribution...
Read more
BRIEF-S&P says Elizabeth Arden ratings placed on creditwatch positive on acquisition by Revlon
* Elizabeth Arden Inc. ratings placed on creditwatch
positive on acquisition by Revlon
Source text (http://bit.ly/2684RAq)
Read more
positive on acquisition by Revlon
Source text (http://bit.ly/2684RAq)
Read more
UPDATE 1-Saudi Arabia's SALIC boosts investment in G3 Canada grain company
WINNIPEG, Manitoba, June 17 (Reuters) - Saudi Arabia's
agriculture company has taken control of the majority investor
in grain handler G3 Canada Limited, according to a filing,
reducing Bunge Ltd's...
Read more
agriculture company has taken control of the majority investor
in grain handler G3 Canada Limited, according to a filing,
reducing Bunge Ltd's...
Read more
Saudi Arabia's SALIC boosts investment in G3 Canada grain company
WINNIPEG, Manitoba, June 17 (Reuters) - Saudi Arabia's
agriculture company has taken control of the majority investor
in grain handler G3 Canada Limited, according to a filing,
reducing Bunge Ltd's...
Read more
agriculture company has taken control of the majority investor
in grain handler G3 Canada Limited, according to a filing,
reducing Bunge Ltd's...
Read more
Williams-ETE $20 bln merger heads to courtroom showdown
NEW YORK/WILMINGTON, Del, June 17 (Reuters) - A high-stakes
trial will open on Monday to determine if Dallas billionaire
Kelcy Warren's Energy Transfer Equity can back out of a
$20 billion agreement...
Read more
trial will open on Monday to determine if Dallas billionaire
Kelcy Warren's Energy Transfer Equity can back out of a
$20 billion agreement...
Read more
As rate hike worries fades, M&A bond issuers hold off
NEW YORK, June 17 (IFR) - After weeks of hectic issuance,
the US primary high-grade market is set to slow as companies
slam the brakes on jumbo bond sales to finance mergers and
acquisitions until...
Read more
the US primary high-grade market is set to slow as companies
slam the brakes on jumbo bond sales to finance mergers and
acquisitions until...
Read more
Reservoir Minerals says shareholders approve Nevsun takeover
VANCOUVER, June 17 (Reuters) - Shareholders of Reservoir
Minerals Inc, a small mining company with a large copper
deposit in Serbia, voted in favor of a takeover by fellow
Canadian miner Nevsun...
Read more
Minerals Inc, a small mining company with a large copper
deposit in Serbia, voted in favor of a takeover by fellow
Canadian miner Nevsun...
Read more
UPDATE 1-RBC eyes more U.S. expansion after City National deal
* Sees City National profit more than doubling by 2020
(Adds comments from RBC CFO on conference call)
Read more
(Adds comments from RBC CFO on conference call)
Read more
BRIEF-Williams to file amended disclosure to proxy statement
* Agreed to file an amended disclosure to its proxy
statement in connection with merger agreement with Energy
Transfer Equity, L.P
Read more
statement in connection with merger agreement with Energy
Transfer Equity, L.P
Read more
UPDATE 2-BASF buys Albemarle's surface treatment business for $3.2 bln
* BASF's largest purchase since Cognis in 2010
(Add relative deal size, advising banks, analyst comment)
Read more
(Add relative deal size, advising banks, analyst comment)
Read more
GAC has not expressed interest in buying Fiat Chrysler stake-Marchionne
VENICE, Italy, June 17 (Reuters) - China's Guangzhou
Automobile Group (GAC) has not expressed an interest in buying a
stake in Fiat Chrysler Automobiles, the
Italian-American carmaker's chief...
Read more
Automobile Group (GAC) has not expressed an interest in buying a
stake in Fiat Chrysler Automobiles, the
Italian-American carmaker's chief...
Read more
BRIEF-Supercom to acquire wireless network provider Alvarion
* Supercom will pay up to $1 million in cash and an
additional earn-out of up to $1 million during next two years
Read more
additional earn-out of up to $1 million during next two years
Read more
BRIEF-ICE to acquire majority stake in Merscorp Holdings
* In addition, ICE and MERS have entered into a software
development agreement to modernize and enhance MERS system
Read more
development agreement to modernize and enhance MERS system
Read more
BRIEF-WSP Global enters into an agreement with Schlumberger
* WSP enhances its expertise in water through proposed
acquisition of Schlumberger's industrial water consultancy
business
Read more
acquisition of Schlumberger's industrial water consultancy
business
Read more
ICA's agrees $215 mln loan with Fintech, outlines business plan
MEXICO CITY, June 17 (Reuters) - Embattled Mexican
construction firm ICA said on Friday it had agreed a
three-year convertible loan for $215 million with investment
firm Fintech as it presented a...
Read more
construction firm ICA said on Friday it had agreed a
three-year convertible loan for $215 million with investment
firm Fintech as it presented a...
Read more
BRIEF-Net1 acquires remaining shares in Masterpayment
* Net 1 UEPS Technologies inc says it exercised its option
to acquire remaining 40% of Masterpayment AG
Read more
to acquire remaining 40% of Masterpayment AG
Read more
Brazil's Extrafarma enters talks to buy Brasil Pharma unit -report
BRASILIA, June 17 (Reuters) - Brazil's drugstore chain
Extrafarma Ltda entered exclusive talks for up to 180 days to
buy rival Big Ben, a subsidiary of Brasil Pharma SA,
newspaper Valor Economico...
Read more
Extrafarma Ltda entered exclusive talks for up to 180 days to
buy rival Big Ben, a subsidiary of Brasil Pharma SA,
newspaper Valor Economico...
Read more
RPT-UPDATE 1-Barclays labels $1.0 bln lawsuit over 2008 fundraising 'misconceived'
LONDON, June 16 (Reuters) - Barclays has described
as "fundamentally misconceived" a $1.0 billion-plus lawsuit
brought by British financier Amanda Staveley over the bank's
emergency fundraising from...
Read more
as "fundamentally misconceived" a $1.0 billion-plus lawsuit
brought by British financier Amanda Staveley over the bank's
emergency fundraising from...
Read more
Deals of the day-Mergers and acquisitions
June 17 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Friday:
Read more
acquisitions and disposals were reported by 1000 GMT on Friday:
Read more
BRIEF-Nanjing Xinjiekou Department Store to acquire stkae in China Cord Blood Corp
* Says it plans to acquire 65.4 percent stake in China Cord
Blood Corp for 5.8 billion yuan ($880.46 million) via
cash, share issue
Read more
Blood Corp for 5.8 billion yuan ($880.46 million) via
cash, share issue
Read more
UPDATE 1-Sinopec serves $5.5 bln arbitration notice to Repsol
MADRID, June 17 (Reuters) - Chinese energy conglomerate
Sinopec has served an arbitration notice to Spain's
Repsol demanding around $5.5 billion in compensation
over a 2012 joint venture, Repsol said...
Read more
Sinopec has served an arbitration notice to Spain's
Repsol demanding around $5.5 billion in compensation
over a 2012 joint venture, Repsol said...
Read more
Thursday, June 16, 2016
BRIEF-Cast & Crew Entertainment services acquires CAPS Payroll
* Cast & Crew Entertainment services says Silver Lake ,
controlling shareholder of Cast & Crew, committs substantial
additional equity to fund deal
Read more
controlling shareholder of Cast & Crew, committs substantial
additional equity to fund deal
Read more
UPDATE 1-Petrobras CEO vows corruption investigation will go on
BRASILIA, June 16 (Reuters) - The new chief executive of
Brazil's state-run oil company Petrobras, at the
center of a huge corruption scandal, said on Thursday that the
investigation would continue...
Read more
Brazil's state-run oil company Petrobras, at the
center of a huge corruption scandal, said on Thursday that the
investigation would continue...
Read more
UPDATE 2-Kroger cost controls protect profits as food prices fall
June 16 (Reuters) - Kroger Co, the biggest U.S.
supermarket company, posted a better-than-expected rise in
quarterly profit after it kept a tight lid on costs.
Read more
supermarket company, posted a better-than-expected rise in
quarterly profit after it kept a tight lid on costs.
Read more
BRIEF-Microsoft acquires messaging app developer Wand Labs
* Wand team a "great fit" to join bing engineering and
platform team, especially with ongoing work on area of
intelligent agents, chat bots
Source text - http://bit.ly/1ZTP0BM
Further company...
Read more
platform team, especially with ongoing work on area of
intelligent agents, chat bots
Source text - http://bit.ly/1ZTP0BM
Further company...
Read more
UPDATE 2-Return to prior China yuan policy would reignite tension - U.S.
WASHINGTON, June 16 (Reuters) - U.S. Treasury Secretary Jack
Lew warned China on Thursday that a return to its policy of
keeping the yuan's exchange rate artificially low against the
dollar would...
Read more
Lew warned China on Thursday that a return to its policy of
keeping the yuan's exchange rate artificially low against the
dollar would...
Read more
Glencore plans to sell option in Falco's Horne gold project -sources
LONDON, June 16 (Reuters) - Glencore is planning to
sell its option in a gold mine owned by Falco Resources,
two sources familiar with the situation said on Thursday, as the
mining group and...
Read more
sell its option in a gold mine owned by Falco Resources,
two sources familiar with the situation said on Thursday, as the
mining group and...
Read more
ISS backs activist directors for Omega Protein's board
June 16 (Reuters) - A shareholder advisory service has
recommended that Omega Protein Corp. stock holders vote
for two directors brought forward by an activist investor to
serve on the company's...
Read more
recommended that Omega Protein Corp. stock holders vote
for two directors brought forward by an activist investor to
serve on the company's...
Read more
Deutsche Telekom eyes bid for webhosting group Host Europe - sources
FRANKFURT/LONDON, June 16 (Reuters) - Deutsche Telekom
is eyeing a bid for web hosting provider Host Europe
Group (HEG) as it seeks to beef up its cloud operations, five
sources close to the matter...
Read more
is eyeing a bid for web hosting provider Host Europe
Group (HEG) as it seeks to beef up its cloud operations, five
sources close to the matter...
Read more
GE in talks to buy offshore wind joint-venture Adwen -Figaro
PARIS, June 16 (Reuters) - General Electric is in
talks with the French state and several companies about
acquiring Areva-Gamesa's offshore wind joint
venture Adwen, GE chief Jeff Immelt told French...
Read more
talks with the French state and several companies about
acquiring Areva-Gamesa's offshore wind joint
venture Adwen, GE chief Jeff Immelt told French...
Read more
BRIEF-Coca-Cola now expects items to be a 5-6 point headwind on net revenues
* Cola co - now expects items to be a 5 to 6 point headwind
on net revenues and a 4 to 5 point headwind on income before
taxes in q2
Read more
on net revenues and a 4 to 5 point headwind on income before
taxes in q2
Read more
Wednesday, June 15, 2016
PRESS DIGEST- Wall Street Journal - June 16
June 16 (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
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Weyerhaeuser to sell liquid packaging business to Nippon for $285 mln in cash
* Expects to use a substantial portion of estimated $225
million after-tax proceeds for repayment of debt
Read more
million after-tax proceeds for repayment of debt
Read more
BRIEF-Copper Lake signs final agreement to acquire interest in Marshall Lake property
* Executed final agreement to acquire 31.25% interest in
Marshall Lake property held by Marshall Lake Mining Limited
Read more
Marshall Lake property held by Marshall Lake Mining Limited
Read more
BRIEF-Envision Healthcare and AmSurg to merge
* Combined organization will have a pro forma market
capitalization of approximately $10 billion and enterprise value
of approximately $15 billion
Read more
capitalization of approximately $10 billion and enterprise value
of approximately $15 billion
Read more
UPDATE 1-Devon sells Texas land to Pioneer, undisclosed buyer for $858 mln
HOUSTON, June 15 (Reuters) - U.S. shale oil producer Devon
Energy Corp said on Wednesday it would sell Texas
acreage to Pioneer Natural Resources Co and an
undisclosed buyer for $858 million, as the...
Read more
Energy Corp said on Wednesday it would sell Texas
acreage to Pioneer Natural Resources Co and an
undisclosed buyer for $858 million, as the...
Read more
Cavium to buy network infrastructure products maker QLogic for $1.36 bln
June 15 (Reuters) - Chipmaker Cavium Inc said it
would buy network infrastructure products maker QLogic Corp
for about $1.36 billion in equity value, as it looks to
expand in the data center and...
Read more
would buy network infrastructure products maker QLogic Corp
for about $1.36 billion in equity value, as it looks to
expand in the data center and...
Read more
BRIEF-Enterprise holdings acquires vRide vanpooling business
* Purchased vRide from TPG Growth
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
BlackRock sees wave of M&A in asset management industry -CEO
NEW YORK, June 15 (Reuters) - The asset management sector
"needs consolidation" and has the potential for "quite a bit" of
merger and acquisition activity, BlackRock Inc Chief
Executive Officer...
Read more
"needs consolidation" and has the potential for "quite a bit" of
merger and acquisition activity, BlackRock Inc Chief
Executive Officer...
Read more
BRIEF-Speed Commerce completes restructuring, emerges with new ownership
* Speed Commerce completes restructuring and emerges with
new ownership, investment and leadership
Source text for Eikon:
Further company coverage:
Read more
new ownership, investment and leadership
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-Altice wins final regulatory approval to acquire Cablevision
June 15 (Reuters) - New York state regulators on Wednesday
approved European telecom group Altice NV's
acquisition of Cablevision Systems Corp, a $17.7 billion
deal that would create the...
Read more
approved European telecom group Altice NV's
acquisition of Cablevision Systems Corp, a $17.7 billion
deal that would create the...
Read more
Lawyer group urges Brazil to halt potential Kroton rival takeover
SAO PAULO, June 15 (Reuters) - A branch of Brazil's National
Bar Association filed on Wednesday a complaint against
for-profit education firm Kroton Educacional SA's proposed
takeover of smaller...
Read more
Bar Association filed on Wednesday a complaint against
for-profit education firm Kroton Educacional SA's proposed
takeover of smaller...
Read more
Total no longer seeking buyer for Texas refinery stake -sources
NEW YORK, June 15 (Reuters) - Total SA has decided
not to sell a 50 percent stake in its Port Arthur, Texas,
refinery almost a year after it retained investment bank Lazard
to advise on the deal,...
Read more
not to sell a 50 percent stake in its Port Arthur, Texas,
refinery almost a year after it retained investment bank Lazard
to advise on the deal,...
Read more
MOVES-Warburg Pincus, Deutsche Asset Management, Guy Carpenter, Amundi
June 15 (Reuters) - The following financial services
industry appointments were announced on Wednesday. To inform us
of other job changes, email moves@thomsonreuters.com.
Read more
industry appointments were announced on Wednesday. To inform us
of other job changes, email moves@thomsonreuters.com.
Read more
BRIEF-UK's CMA publishes initial submission from ICE on Trayport deal
* ICE's rationale for Trayport acquisition, future plans for
Trayport are entirely inconsistent with theory of harm
Read more
Trayport are entirely inconsistent with theory of harm
Read more
EU mergers and takeovers (June 15)
BRUSSELS, June 15 (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
BRIEF-Annaly capital extends exchange offer to buy Hatteras Financial
* Annaly capital management, inc. Extends exchange offer to
acquire hatteras financial corp.
Read more
acquire hatteras financial corp.
Read more
Deals of the day- Mergers and acquisitions
June 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Wednesday:
Read more
acquisitions and disposals were reported by 1330 GMT on
Wednesday:
Read more
BRIEF-Rouge Resources to buy Pampas El Peñon Gold Project, Chile
* Consideration for acquisition consists of 8.65 million
common shares of co to be issued to Arena & 4.85 million shares
to be issued to SQM
Read more
common shares of co to be issued to Arena & 4.85 million shares
to be issued to SQM
Read more
BRIEF-Philip Green says Olswang, Grant Thornton gave Chappell's BHS bid credibility
* Philip green says lawyers Olswang, adviser Grant Thornton
gave Dominic Chappell's BHS bid credibility
Read more
gave Dominic Chappell's BHS bid credibility
Read more
BRIEF-Dynegy to buy Energy Capital Partners' interest in Atlas JV
* To fund ECP's share of initial equity contribution and pay
ECP a revised discounted floor price of $375 million
Read more
ECP a revised discounted floor price of $375 million
Read more
BRIEF-Dynegy launches tangible equity units offering and credit facility financing
* Public offering of 4,000,000 tangible equity units, with
each tangible equity unit having a stated amount of $100.00
Read more
each tangible equity unit having a stated amount of $100.00
Read more
BRIEF-Siemens and Gamesa Corporacion close to announcing an deal to combine their wind-power activities- WSJ
* Siemens and Gamesa Corporacion are close to announcing an
anticipated deal to combine their wind-power activities- - WSJ,
citing sources
Read more
anticipated deal to combine their wind-power activities- - WSJ,
citing sources
Read more
InterOil says protest against board won't impact takeover vote
MELBOURNE, June 15 (Reuters) - Takeover target InterOil Corp
said on Wednesday a protest vote against its directors
at a shareholders' meeting will have no bearing on an upcoming
vote on a $2.2...
Read more
said on Wednesday a protest vote against its directors
at a shareholders' meeting will have no bearing on an upcoming
vote on a $2.2...
Read more
BRIEF-EPC Groupe gets agreement of Nordex explosives board for takeover offer
* Gets agreement of board of Nordex Explosives Ltd.
for offer of takeover
Source text: http://bit.ly/1U7SBZ5
Further company coverage:
(Gdynia Newsroom)
Read more
for offer of takeover
Source text: http://bit.ly/1U7SBZ5
Further company coverage:
(Gdynia Newsroom)
Read more
REFILE-UPDATE 1-Indian cabinet clears civil aviation policy - govt source
NEW DELHI, June 15 (Reuters) - Indian Prime Minister
Narendra Modi's cabinet approved a new national civil aviation
policy on Wednesday, a government source said, sending airline
stocks higher.
Read more
Narendra Modi's cabinet approved a new national civil aviation
policy on Wednesday, a government source said, sending airline
stocks higher.
Read more
S.Korea's E-Land signs accord to sell hypermarket chain to KKR
SEOUL, June 15 (Reuters) - South Korean retail group E-Land
said on Wednesday it signed a binding memorandum of
understanding (MOU) to sell hypermarket chain Kim's Club to U.S.
private equity fund...
Read more
said on Wednesday it signed a binding memorandum of
understanding (MOU) to sell hypermarket chain Kim's Club to U.S.
private equity fund...
Read more
Tuesday, June 14, 2016
BRIEF-Liberty announces completion of Sanjel Asset acquisition
* Liberty announces completion of Sanjel Asset acquisition
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
Viacom director pleads for access to Sumner Redstone
June 14 (Reuters) - Viacom Inc's lead independent
director on Tuesday pleaded for a meeting with controlling
shareholder Sumner Redstone and warned of further court battles
if the media tycoon...
Read more
director on Tuesday pleaded for a meeting with controlling
shareholder Sumner Redstone and warned of further court battles
if the media tycoon...
Read more
BRIEF-MTS sells 247,500 additional shares
* MTS sells 247,500 additional shares of common stock
pursuant to underwriters' over-allotment option
Source text for Eikon:
Further company coverage:
Read more
pursuant to underwriters' over-allotment option
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-U.S. Justice Dept should analyze Dow-DuPont deal -senator
CHICAGO, June 14 (Reuters) - The chairman of the U.S. Senate
Judiciary Committee on Tuesday urged federal antitrust officials
to conduct a "careful analysis" of Dow Chemical Co's
proposed $130...
Read more
Judiciary Committee on Tuesday urged federal antitrust officials
to conduct a "careful analysis" of Dow Chemical Co's
proposed $130...
Read more
BRIEF-Premier exhibitions to reorganize under chapter 11
* Has filed a voluntary petition for reorganization relief
under Chapter 11 of United States bankruptcy code
Read more
under Chapter 11 of United States bankruptcy code
Read more
UPDATE 2-Odebrecht in talks to sell Peru pipeline, sources say
MADRID/SAO PAULO, June 14 (Reuters) - Odebrecht SA, Latin
America's largest engineering company, is in advanced talks to
sell a 55 percent stake in a Peruvian gas pipeline project, and
Ferrovial SA...
Read more
America's largest engineering company, is in advanced talks to
sell a 55 percent stake in a Peruvian gas pipeline project, and
Ferrovial SA...
Read more
U.S. Justice Dept should analyze Dow-DuPont deal -Sen. Grassley
CHICAGO, June 14 (Reuters) - The U.S. Department of
Justice's antitrust division should "conduct a careful analysis"
of Dow Chemical Co's proposed $130 billion merger with
DuPont to ensure it will...
Read more
Justice's antitrust division should "conduct a careful analysis"
of Dow Chemical Co's proposed $130 billion merger with
DuPont to ensure it will...
Read more
UPDATE 2-Iran says reaches deal to acquire Boeing planes
* Iranair to acquire more than 100 Boeing jets -sources
(Recasts, adds sources, Boeing comment)
Read more
(Recasts, adds sources, Boeing comment)
Read more
UPDATE 1-Putin, Juncker to talks sanctions and energy - Kremlin
MOSCOW/BRUSSELS, June 14 (Reuters) - Russian President
Vladimir Putin and European Commission President Jean-Claude
Juncker will talk about sanctions and energy projects when they
meet in St...
Read more
Vladimir Putin and European Commission President Jean-Claude
Juncker will talk about sanctions and energy projects when they
meet in St...
Read more
Jersey-based asset manager acquires Swedish issuer of bitcoin ETN
NEW YORK, June 13 (Reuters) - Asset management firm Global
Advisors (Jersey) Limited said on Tuesday it has acquired XBT
Provider, a Swedish publicly-listed company that launched the
world's first...
Read more
Advisors (Jersey) Limited said on Tuesday it has acquired XBT
Provider, a Swedish publicly-listed company that launched the
world's first...
Read more
UPDATE 1-Valeant CEO open to selling core assets if price is right
LAVAL, Quebec, June 14 (Reuters) - Valeant Pharmaceuticals
International Inc's new chief executive officer
left the door open to selling major assets on Tuesday as the
company tries to reduce its...
Read more
International Inc's new chief executive officer
left the door open to selling major assets on Tuesday as the
company tries to reduce its...
Read more
UPDATE 1-VW's controlling clan to discuss on Monday whether to block dividend - sources
* A move to block payout could anger other investors
(Adds Porsche no comment, detail and background)
Read more
(Adds Porsche no comment, detail and background)
Read more
EU mergers and takeovers (June 14)
BRUSSELS, June 14 (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
Spain's Ferrovial in Peru gas pipeline stake talks -report
MADRID, June 14 (Reuters) - Spanish engineering and services
company Ferrovial is in advanced talks to acquire 55
percent of Peru's Gasoducto Sur Peruano (GSP) project, currently
controlled by...
Read more
company Ferrovial is in advanced talks to acquire 55
percent of Peru's Gasoducto Sur Peruano (GSP) project, currently
controlled by...
Read more
BRIEF-DST agrees to sell North American customer communications business for $410 mln
* Dst estimates that pending sale of nacc business will
result in after-tax proceeds of approximately $310.0 millio
Read more
result in after-tax proceeds of approximately $310.0 millio
Read more
UPDATE 1-China's Midea wants only 49 pct of Kuka -sources
* Kuka shares down 2.8 percent
(Adds Midea statement, background, share move, Kuka no comment)
Read more
(Adds Midea statement, background, share move, Kuka no comment)
Read more
China's Midea wants no more than 49 pct of Kuka - German sources
BERLIN, June 14 (Reuters) - China's Midea Group Co Ltd
wants a stake of no more than 49 percent in German
industrial robot maker Kuka and will resell any shares
it acquires beyond that threshold,...
Read more
wants a stake of no more than 49 percent in German
industrial robot maker Kuka and will resell any shares
it acquires beyond that threshold,...
Read more
BRIEF-Broadridge Financial Solutions buys 4sight Financial Software Ltd
* Broadridge broadens its securities financing and
collateral management solutions through acquisition of 4sight
Financial Software Limited
Read more
collateral management solutions through acquisition of 4sight
Financial Software Limited
Read more
UPDATE 1-Ashtead to buy back shares worth up to $284 mln
June 14 (Reuters) - Ashtead Group Plc announced a
share buyback of up to 200 million pounds ($284 million) for the
current financial year, after strong North American growth
helped the industrial...
Read more
share buyback of up to 200 million pounds ($284 million) for the
current financial year, after strong North American growth
helped the industrial...
Read more
UPDATE 2-UK Stocks-Factors to watch on June 14
June 14 (Reuters) - Britain's FTSE 100 index is seen opening down 20
points, or 0.3 percent, on Tuesday, according to financial bookmakers, with
futures down 0.7 percent ahead of the cash market...
Read more
points, or 0.3 percent, on Tuesday, according to financial bookmakers, with
futures down 0.7 percent ahead of the cash market...
Read more
Veolia buys Chemours' Sulfur Products division for $325 mln
PARIS, June 14 (Reuters) - Veolia's North America
unit is buying the Sulfur Products division of U.S. firm Chemour
for $325 million, the French water and waste company said
in a statement.
Read more
unit is buying the Sulfur Products division of U.S. firm Chemour
for $325 million, the French water and waste company said
in a statement.
Read more
Monday, June 13, 2016
PRESS DIGEST - Wall Street Journal - June 14
June 14 (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
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Quicken founder and Warren Buffett have ties beyond Yahoo deal
DETROIT, June 14 (Reuters) - The connection between Quicken
Loans Inc founder Dan Gilbert and billionaire magnate Warren
Buffett became evident last month with news that Buffett was
backing Gilbert's...
Read more
Loans Inc founder Dan Gilbert and billionaire magnate Warren
Buffett became evident last month with news that Buffett was
backing Gilbert's...
Read more
UPDATE 7-Microsoft to buy LinkedIn for $26.2 bln in its largest deal
June 13 (Reuters) - Microsoft Corp will buy
LinkedIn Corp for $26.2 billion in its biggest-ever
deal, a bold stroke by Microsoft CEO Satya Nadella in his
efforts to make the venerable software...
Read more
LinkedIn Corp for $26.2 billion in its biggest-ever
deal, a bold stroke by Microsoft CEO Satya Nadella in his
efforts to make the venerable software...
Read more
UPDATE 1-Brazil judge dismisses $5.7 bln civil suit against Samarco -Vale
BRASILIA, June 13 (Reuters) - Brazilian iron ore miner Vale
SA said on Monday that a 20 billion reais ($5.7
billion) civil lawsuit seeking environmental and property
damages for last year's deadly...
Read more
SA said on Monday that a 20 billion reais ($5.7
billion) civil lawsuit seeking environmental and property
damages for last year's deadly...
Read more
UPDATE 1-NXP to divest its standard products business for $2.75 bln
June 13 (Reuters) - NXP Semiconductors NV said it
would sell its standard
products business to a consortium of financial investors
consisting of China's Jianaguang Asset Management Co Ltd and
private...
Read more
would sell its standard
products business to a consortium of financial investors
consisting of China's Jianaguang Asset Management Co Ltd and
private...
Read more
NXP to divest its standard products business for $2.75 billion
June 13 (Reuters) - NXP Semiconductors NV said it
would sell its standard
products business to a consortium of financial investors
consisting of Jianaguang Asset Management Co Ltd and Wise...
Read more
would sell its standard
products business to a consortium of financial investors
consisting of Jianaguang Asset Management Co Ltd and Wise...
Read more
BRIEF-Transforce announces new position of vice-president, mergers & acquisition
* Transforce announces new position of vice-president,
mergers & acquisition
Source text for Eikon:
Further company coverage:
Read more
mergers & acquisition
Source text for Eikon:
Further company coverage:
Read more
LinkedIn turns to small boutiques for M&A advice
NEW YORK, June 13 (IFR) - Boutique investment banks Allen &
Co and Qatalyst look set to earn tens of millions in fees after
advising professional networking platform LinkedIn on its sale
to Microsoft.
Read more
Co and Qatalyst look set to earn tens of millions in fees after
advising professional networking platform LinkedIn on its sale
to Microsoft.
Read more
Microsoft's LinkedIn buy panned on social and trading sites
June 13 (Reuters) - Microsoft Corp's $26.2 billion
purchase of LinkedIn Corp on Monday invoked scorn from
the professional network's loyal users and shocked traders who
expressed surprise on other...
Read more
purchase of LinkedIn Corp on Monday invoked scorn from
the professional network's loyal users and shocked traders who
expressed surprise on other...
Read more
BRIEF-Hardwoods says $107 mln acquisition of Rugby Architectural Building Products
* Deal expected to be immediately accretive to both cash
flow per share and earnings per share
Read more
flow per share and earnings per share
Read more
Moody's reviews Microsoft credit rating for cut after LinkedIn deal
June 13 (Reuters) - Rating agency Moody's placed software
giant Microsoft Corp's AAA credit rating under review
for downgrade following the software giant's deal to buy
LinkedIn Corp for $26.2...
Read more
giant Microsoft Corp's AAA credit rating under review
for downgrade following the software giant's deal to buy
LinkedIn Corp for $26.2...
Read more
CORRECTED-UPDATE 1-Sanofi, Medivation advance to next phase of takeover fight
NEW YORK, June 13 (Reuters) - French drugmaker Sanofi
and its takeover target Medivation Inc on
Monday said they had filed official materials with the U.S.
Securities and Exchange Commission, as...
Read more
and its takeover target Medivation Inc on
Monday said they had filed official materials with the U.S.
Securities and Exchange Commission, as...
Read more
UPDATE 4-Microsoft to buy LinkedIn for $26.2 bln in its largest deal
June 13 (Reuters) - Microsoft Corp will buy
LinkedIn Corp for $26.2 billion in its biggest-ever
deal, combining the software giant's business-productivity tools
with an online network of 433 million...
Read more
LinkedIn Corp for $26.2 billion in its biggest-ever
deal, combining the software giant's business-productivity tools
with an online network of 433 million...
Read more
Sanofi files request to replace Medivation board
PARIS, June 13 (Reuters) - French drugmaker Sanofi
said on Monday that it had filed a request with U.S. authorities
to remove the board of Medivation and replace it with
eight independent candidates...
Read more
said on Monday that it had filed a request with U.S. authorities
to remove the board of Medivation and replace it with
eight independent candidates...
Read more
BRIEF-Enterprise Group to divest of T.C. Backhoe & directional drilling
* Assets will be acquired by TC Infrastructure Services
Ltd., a wholly owned subsidiary of Quanta Services, Inc
Read more
Ltd., a wholly owned subsidiary of Quanta Services, Inc
Read more
BRIEF-AK Steel to offer $380 million of senior secured notes
* AK Steel announces offering of $380 million of senior
secured notes and cash tender offer for its 8.750% senior
secured notes due 2018
Source text for Eikon:
Further company coverage:
...
Read more
secured notes and cash tender offer for its 8.750% senior
secured notes due 2018
Source text for Eikon:
Further company coverage:
...
Read more
BRIEF-Falcon grants Emerita option to acquire 100 pct interest in Falcon Litio MG project
* Falcon has granted to Emerita an option to acquire a 100%
interest in Falcon Litio MG project on or before June 13, 2018
Read more
interest in Falcon Litio MG project on or before June 13, 2018
Read more
BRIEF-VMware announces intent to acquire Arkin Net
* Announces intent to acquire Arkin Net to help customers
accelerate adoption of VMware NSX And software-defined data
centers
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
accelerate adoption of VMware NSX And software-defined data
centers
Source text for Eikon:
Further company coverage:
(Bengaluru...
Read more
BRIEF-Shire receives FDA breakthrough therapy designation
* Granted breakthrough therapy designation for two
investigational products for rare diseases: SHP621 and SHP625
Read more
investigational products for rare diseases: SHP621 and SHP625
Read more
BRIEF-Magellan sells its Weald Basin acreage and settles litigation
* Sale of company's 50% interests in PEDL 234 in Weald Basin
in UK to UK Oil And Gas Investments PLC
Read more
in UK to UK Oil And Gas Investments PLC
Read more
UPDATE 1-Merkel leaves door open to German counter-bid for Kuka
BEIJING, June 13 (Reuters) - German Chancellor Angela Merkel
signalled on Monday that she would not try to prevent a Chinese
takeover of German robot maker Kuka but also left the
door open to German...
Read more
signalled on Monday that she would not try to prevent a Chinese
takeover of German robot maker Kuka but also left the
door open to German...
Read more
Symantec to buy Blue Coat for $4.7 bln to boost enterprise unit
June 12 (Reuters) - Technology security firm Symantec Corp
said it would buy privately held cyber security company
Blue Coat for $4.65 billion in a cash deal that will ramp up
Symantec's enterprise...
Read more
said it would buy privately held cyber security company
Blue Coat for $4.65 billion in a cash deal that will ramp up
Symantec's enterprise...
Read more
Sunday, June 12, 2016
Brazil's No.2 fuel distributor Ipiranga buys smaller rival Ale
SAO PAULO, June 12 (Reuters) - Brazil's second-biggest fuel
distributor, the Ipiranga unit of Ultrapar Participações SA
, agreed to acquire a smaller peer for 2.17 billion
reais ($635 million),...
Read more
distributor, the Ipiranga unit of Ultrapar Participações SA
, agreed to acquire a smaller peer for 2.17 billion
reais ($635 million),...
Read more
BRIEF-Symantec set to buy blue coat systems in $4.65 billion deal - WSJ
* Symantec set to buy Blue Coat Systems in $4.65 billion
deal Greg Clark is set to take ceo role at Symantec after deal
closes-WSJ
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
deal Greg Clark is set to take ceo role at Symantec after deal
closes-WSJ
(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223
8780)
Read more
Saudi seeks international investors for two solar plants
DUBAI, June 12 (Reuters) - Saudi Arabia is seeking
international investors to build two solar power plants, using a
deal structure that could become a model for the kingdom's
infrastructure projects...
Read more
international investors to build two solar power plants, using a
deal structure that could become a model for the kingdom's
infrastructure projects...
Read more
Canada willing to work with Bombardier on share structure: minister
TORONTO, June 11 (Reuters) - Canada is willing to "find a
solution" with Bombardier Inc as the parties consider
the company's dual-class share structure during talks on a
$1-billion government...
Read more
solution" with Bombardier Inc as the parties consider
the company's dual-class share structure during talks on a
$1-billion government...
Read more
Saturday, June 11, 2016
Merkel says will raise concerns on China's new NGO law, steel during Beijing trip
BERLIN, June 11 (Reuters) - German Chancellor Angela Merkel
said on Saturday she would raise concerns about Chinese steel
production and a new Chinese law that restricts...
Read more
said on Saturday she would raise concerns about Chinese steel
production and a new Chinese law that restricts...
Read more
CORRECTED-UPDATE 1-India's Dr Reddy's in $350 mln deal to buy 8 U.S. drugs from Teva, Allergan
MUMBAI, June 11 (Reuters) - India's second-largest drugmaker
Dr Reddy's Laboratories Ltd said it agreed to buy
eight generic drugs from Teva Pharmaceutical Industries
and Allergan Plc for $350...
Read more
Dr Reddy's Laboratories Ltd said it agreed to buy
eight generic drugs from Teva Pharmaceutical Industries
and Allergan Plc for $350...
Read more
India's Dr Reddy's to buy 8 U.S. generic drugs from Teva, Allergan for $350 mln
MUMBAI, June 11 (Reuters) - India's No. 2 drugmaker Dr
Reddy's Laboratories Ltd said it agreed to buy a
portfolio of eight generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for...
Read more
Reddy's Laboratories Ltd said it agreed to buy a
portfolio of eight generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for...
Read more
Friday, June 10, 2016
BRIEF-Teine Energy announces significant asset acquisition
* Transaction will be funded by Canada Pension Plan
Investment Board ("CPPIB") and company's existing credit
facilities
Read more
Investment Board ("CPPIB") and company's existing credit
facilities
Read more
BRIEF-Ashford Prime says financial advisors to connect with weisman group
* Committee of independent directors of board asked
financial advisors to connect with Weisman group to review
recent proposal
Read more
financial advisors to connect with Weisman group to review
recent proposal
Read more
UPDATE 1-GTCR's Cision wins U.S. approval to buy PR Newswire with unit sale
WASHINGTON, June 10 (Reuters) - Cision, a public relations
software provider controlled by private equity firm GTCR LLC,
has won U.S. antitrust approval to buy press release distributor
PR Newswire...
Read more
software provider controlled by private equity firm GTCR LLC,
has won U.S. antitrust approval to buy press release distributor
PR Newswire...
Read more
Bayer waiting for Monsanto to engage after spurned bid -sources
June 10 (Reuters) - Monsanto Co, the world's largest
seed company, has still not opened its books more than two weeks
after it rejected Bayer AG's $62 billion acquisition
offer but left the door open...
Read more
seed company, has still not opened its books more than two weeks
after it rejected Bayer AG's $62 billion acquisition
offer but left the door open...
Read more
Subscribe to:
Posts (Atom)