Wednesday, August 31, 2016

UK Stocks-Factors to watch on Sept. 1

Sept 1 (Reuters) - Britain's FTSE 100 index is seen opening up 16

points, or 0.2 percent, on Thursday, according to financial bookmakers.



* The UK blue chip index closed down 39.28 points,...

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BRIEF-EQT places 15.6 mln Scandic Hotels shares at SEK 69.50/shr

* Sunstorm Holding AB, controlled by EQT V Ltd and Accent

Equity 2003, in each case through companies, ("Sunstorm"), has

sold in total 15.6 million shares in Scandic Hotels Group AB

("Scandic")...

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Brazil's Kroton eyes asset sales for approval of rival takeover -source

SAO PAULO, Aug 31 (Reuters) - Kroton Educacional SA

, the world's largest education company by market

value, may sell units of Estácio Participacoes SA in

order to secure antitrust approval for a...

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BRIEF-Bankers Petroleum announces domestic crude oil sales contract

* Bankers Petroleum announces domestic crude oil sales

contract

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State Grid to conclude Brazil's CPFL deal Friday -source

SAO PAULO, Aug 31 (Reuters) - State Grid Corp of China

plans to sign final terms of the purchase of a 23.6

percent stake in Brazilian power holding company CPFL Energia SA

from conglomerate Camargo...

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Sunovion Pharma to buy Canada's Cynapsus for $624 mln

Aug 31 (Reuters) - Sunovion Pharmaceuticals Inc, a unit of

Japan's Dainippon Sumitomo Pharma Co Ltd, said it would

buy Canada's Cynapsus Therapeutics Inc for about $624

million.

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UPDATE 1-Sunovion Pharma to buy Canada's Cynapsus for $624 mln

Aug 31 (Reuters) - Sunovion Pharmaceuticals Inc, a unit of

Japan's Dainippon Sumitomo Pharma Co Ltd, said it would

buy Canada's Cynapsus Therapeutics Inc for

about $624 million.

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BRIEF-Interactive says upon termination of merger agreement, co to pay parent fee of $43 mln

* Upon termination of merger agreement under specified

circumstances, co to pay parent termination fee of $43 million

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BRIEF-Fleetcor updates fiscal year 2016 guidance to reflect closing of STP acquisition

* For fiscal-year 2016, co financial guidance has been

updated to reflect closing of STP acquisition

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BRIEF-C.H. Robinson Worldwide acquires APC Logistics

* C.H. Robinson expands global network, acquires apc

logistics

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CORRECTED-Alere lawsuit accuses Abbott of 'buyer's remorse' in proposed merger

Aug 31 (Reuters) - Alere Inc alleges Abbott

Laboratories is trying to stymie its planned $5.8

billion takeover of the diagnostics company by purposefully

delaying key submissions to anti-trust...

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Deals of the day- Mergers and acquisitions

Aug 31 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 2000 GMT on Wednesday:

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UPDATE 1-Chipmaker Intersil set to pick Renesas over Maxim as acquirer -sources

Aug 31 (Reuters) - Intersil Corp may announce a

sale to Renesas Electronics Corp as early as next

week, choosing the Japanese semiconductor company over U.S.

suitor Maxim Integrated Products Inc,...

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BRIEF-Deere & Co. plans to contest U.S. govt legal action to block acquisition

* Deere & Co says it plans to contest legal action announced

by U.S. Department of justice to block acquisition of Monsanto's

precision planting

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Chipmaker Intersil set to pick Renesas over Maxim as acquirer -sources

Aug 31 (Reuters) - Intersil Corp may announce a

sale to Renesas Electronics Corp as early as next

week, choosing the Japanese semiconductor company over U.S.

suitor Maxim Integrated Products Inc,...

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BRIEF-U.S. files antitrust suit against Deere and Monsanto - Bloomberg

* U.S. files antitrust suit against Deere and Monsanto -

Bloomberg

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BRIEF-First Cash and Cash America announce shareholder approval of merger of equals

* First Cash and Cash America announce shareholder approval

of merger of equals

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BRIEF- Corby Spirit and wine to acquire the Spirits business of Domaines Pinnacle

* Corby Spirit and wine to acquire the Spirits business of

Domaines Pinnacle

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UPDATE 3-Deutsche Bank, Commerzbank held talks about tie-up - source

* Analysts say Deutsche Bank ought to seek out partner

(Adds that Deutsche, Commerzbank held talks in August)

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UPDATE 2-Contact center company Genesys to buy Interactive Intelligence

* Interactive shares up 5.25 pct premarket

(Adds shares, background)

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BRIEF-Lifetime Brands and Focus Products announce agreement

* Lifetime Brands and Focus Products Group announce

agreement

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German Fin Min spokesman declines to comment on bank mergers

BERLIN, Aug 31 (Reuters) - A spokesman for Germany's Finance

Ministry declined to comment on the topic of banking mergers on

Wednesday after the head of Deutsche Bank called for

cross-border bank...

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BRIEF-National Commerce Corp to merge with Private Bancshares Inc

* Private Bancshares Inc enters into definitive agreement to

join National Commerce Corporation

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BRIEF-Blackrock Germany chairman says supports Deutsche Boerse, LSE merger

Aug 31 (Reuters) - Blackrock Germany chairman Friedrich Merz

says

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REFILE-Call center software maker Genesys to buy rival Interactive

Aug 31 (Reuters) - Call center software maker Genesys said

it would buy rival Interactive Intelligence Group Inc

in a deal valued at about $1.4 billion.

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Deals of the day-Mergers and acquisitions

Aug 31 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1000 GMT on Wednesday:

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Russian oil privatisation saga points to limits of Putin's power

MOSCOW/UFA, Russia, Aug 31 (Reuters) - Russia's decision to

postpone the privatisation of a mid-sized oil company has sent a

message to investors: for all his power, President Vladimir

Putin has...

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UPDATE 1-S.Africa furniture retailer Steinhoff's sales rise by a third

JOHANNESBURG, Aug 31 (Reuters) - South African furniture

retailer Steinhoff saw full-year revenue rise by a

third as the company, which is buying the United States'

Mattress Firm and Britain's...

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RPT-Shell's U.S deal to unlock global oil asset disposals

LONDON, Aug 30 (Reuters) - Royal Dutch Shell's

first oil field sale after its $54 billion BG Group acquisition

bodes well for its disposal talks in the North Sea, Gabon and

New Zealand, according to...

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UPDATE 1-VW could agree U.S. large-car diesel emissions settlement by October - Audi exec

* Emissions scandal has already cost VW billions

(Adds executive comment, details)

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Tuesday, August 30, 2016

VW could agree U.S. large-car diesel fix by October - Audi exec

Hong Kong, Aug 31 (Reuters) - Volkswagen AG's

global Audi sales chief said on Wednesday that talks with U.S.

authorities over large-engined diesel cars found to have cheated

emissions tests are...

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Goldman interested in financing Colombia's Magdalena project -govt

BOGOTA, Aug 30 (Reuters) - - U.S. investment bank Goldman

Sachs has expressed interest in financing a project to

make Colombia's Magdalena River more navigable, the government

said on Tuesday.

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PRESS DIGEST - Wall Street Journal - Aug 31

Aug 31 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

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Twin Butte debenture holders make new proposal on Reignwood deal - source

CALGARY, Alberta, Aug 30 (Reuters) - Twin Butte Energy

debenture holders, who on Monday rejected a takeover

bid by Reignwood Resources Holding Pte Ltd, have made an

alternative proposal on the deal...

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BRIEF-Bunge to acquire controlling interest in Grupo Minsa's corn milling business

* Bunge to acquire controlling interest in Grupo Minsa's

corn milling business

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BRIEF-Landmark Infrastructure Partners total consideration was $155.7 mln

* Landmark infrastructure partners lp announces two

additional drop-down transactions; acquires assets subject to

its right of first offer and real property interests from

sponsor

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BRIEF-FEI shareholders approve acquisition by Thermo Fisher Scientific

* Fei shareholders approve acquisition by Thermo Fisher

Scientific

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Exxon Mobil preparing to put Montana refinery on block - sources

NEW YORK, Aug 30 (Reuters) - Exxon Mobil Corp is in

the first stages of seeking a potential buyer for its Billings,

Montana, refinery, one of the company's only U.S. plants that is

not integrated...

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UPDATE 1-Caesars wins lawsuit shield to pursue 'uphill' appeal

CHICAGO, Aug 30 (Reuters) - A federal judge on Tuesday gave

Caesars Entertainment Corp a five-week shield from $13

billion in lawsuits, capping a week of frantic court hearings as

the casino group...

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Caesars Entertainment wins halt on lawsuits until Oct 5 -ruling

Aug 30 (Reuters) - A U.S. judge on Tuesday extended a

temporary halt on lawsuits against Caesars Entertainment Corp

until Oct. 5 while he hears an appeal from the casino

group of a ruling that paved...

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BRIEF-Agrium confirms talks with Potash Corp for potential merger of equals

* Agrium confirms discussions with PotashCorp regarding

potential merger of equals

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Analysts see Brazil equity offerings gaining traction this year

SAO PAULO, Aug 30 (Reuters) - More Brazilian companies are

expected to tap equity markets for funding in coming months,

encouraged by less political turmoil and signs that the harshest

recession in...

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Brazil's Estácio CEO out after less than two months in role

SAO PAULO, Aug 30 (Reuters) - Estácio Participações SA

, Brazil's second-largest for-profit education

company, said on Tuesday that Chief Executive Officer Gilberto

Teixeira de Castro stepped down...

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Caesars gets brief reprieve in bondholder lawsuit

Aug 30 (Reuters) - A federal judge on Tuesday postponed a

key hearing in a bondholder lawsuit against Caesars

Entertainment Corp until next month after a last-minute

court ruling granted the casino...

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AB InBev lauds SAB's partnership with Castel Group

LONDON, Aug 30 (Reuters) - Brewer Anheuser-Busch InBev

said on Tuesday that following its takeover of rival

SABMiller it plans to continue developing SAB's

partnership with France's Castel Group.

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BRIEF-Aleris Corp says deal with Zhongwang USA provides for termination fee of $100 mln

* Merger agreement provides that Zhongwang USA will be

required to pay company a termination fee of $100 million

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BRIEF-USMD enters into an agreement and merger plan with Wellmed

* Entered into an agreement and plan of merger with Wellmed

Medical Management

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BRIEF-AB InBev CEO comments on SABMiller deal

Aug 30 (Reuters) - AB InBev CEO/CFO say on a conference

call:

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BRIEF-Gulf resources reports merger of Yuxin and Rongyuan

* Gulf resources announces the merger of Yuxin chemical and

Rongyuan chemical

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BRIEF-Whitewave foods files proxy statement related to proposed acquisition by Danone

* Files proxy statement related to proposed acquisition by

Danone

Source text - http://bit.ly/2bz36F4

Further company coverage:

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BRIEF-GMS acquires Steven Kempf Building Material Company

* Says acquired Steven Kempf Building Material Company

Source text for Eikon:

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Fridman's LetterOne invests in mobile challenger FreedomPop

FRANKFURT, Aug 30 (Reuters) - FreedomPop, a U.S. startup

challenging the mobile industry by offering free voice and data

plans, has received a $50 million investment to fund

international expansion...

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BRIEF-Empresas Copec unit to buy Mapco fuel distribution business

* Said on Monday that its unit, Compania de Petroleos de

Chile COPEC SA, agreed on Aug. 27 to buy from Delek US Holdings

Inc its retail unit, Mapco Express Inc, and some related

units (Mapco) for...

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Buyout firms' hushed deals with top investors risk US regulators' ire

NEW YORK, Aug 30(Reuters) - Some U.S. private equity firms

are courting their biggest and savviest investors with

privileged access to special fee-saving deals without telling

other investors,...

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Digital mapping firm HERE wants new investor by year-end - Handelsblatt

FRANKFURT, Aug 30 (Reuters) - Digital maps company HERE,

controlled by German carmakers BMW, Daimler

and Volkswagen, aims to find a new investor by the

end of the year, HERE chief Edzard Overbeek...

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BRIEF-Britain refers Diebold/Wincor merger for full investigation

Aug 30 (Reuters) - Britain's Regulator The Cma Has Referred

Diebold/Wincor Merger For An Indepth investigation

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Monday, August 29, 2016

UPDATE 1-Ritchie Bros to buy U.S. e-commerce site IronPlanet for $758 mln

Aug 29 (Reuters) - Canadian industrial auctioneer Ritchie

Bros Auctioneers Inc said it will buy IronPlanet, a

privately held U.S. e-commerce site for used equipment, for

about $758.5 million, as it...

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BRIEF-Callidus Capital increases substantial issuer bid price to $16.50/share,sets new expiry date

* Callidus Capital Corporation increases the substantial

issuer bid price to $16.50 per share and sets a new expiry date

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Ritchie Bros to buy U.S. e-commerce site IronPlanet for $758 mln

Aug 29 (Reuters) - Canadian industrial auctioneer Ritchie

Bros Auctioneers Inc said it will buy IronPlanet, a

privately held U.S. e-commerce site for used equipment, for

about $758.5 million, as it...

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BRIEF-Summit Industrial Income Reit announces London, Ontario acquisition for about $16.6 mln

* Summit Industrial Income Reit announces London, Ontario

acquisition and accretive financing for Calgary, Alberta

property purchase

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Twin Butte Energy debenture holders reject proposed takeover deal

CALGARY, Alberta, Aug 29 (Reuters) - Twin Butte Energy Ltd

debenture holders voted to reject a takeover bid by

Hong Kong's privately held Reignwood Resources Holding Pte Ltd

on Monday, throwing the...

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Advent hires banks to sell control of Brazil port -sources

SAO PAULO, Aug 29 (Reuters) - Buyout firm Advent

International Corp has hired Morgan Stanley & Co and Grupo BTG

Pactual SA to advise on the sale of a controlling stake in TCP

Terminal de Contêineres...

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BRIEF-Prism medical says court approval granted for deal with Handicare Group AB

* Court approval granted for acquisition of Prism Medical

Ltd. by Handicare Group AB

Source text for Eikon:

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Bankrupt Samson Resources, creditors reach restructuring deal

Aug 29 (Reuters) - Samson Resources Corp, one of the largest

energy companies to seek bankruptcy in the current commodities

slump, reached a new agreement with creditors that aims to bring

the...

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UPDATE 1-Canada's Ivanhoe Mines gets unsolicited interest, to hire bankers

Aug 29 (Reuters) - Canadian copper miner Ivanhoe Mines Ltd

said on Monday that companies from Asia, Europe, Africa

and elsewhere had expressed interest in the company and its

projects in recent...

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Deals of the day- Mergers and acquisitions

Aug 29 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1330 GMT on Monday:

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BRIEF-Nanjing Xinjiekou Department Store scraps plan to acquire stakes in China Cord Blood Corp

* Says it withdraws asset restructuring application from

securities regulator, scraps plan to acquire stakes in China

Cord Blood Corporation

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Cemex to sell some of its U.S. assets for $306 mln

Aug 29 (Reuters) - Mexico's Cemex, one of the

world's largest cement producers, on Monday said it had agreed

to sell some of its U.S. assets to Grupo Cementos de Chihuahua

, or GCC, for $306 million.

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UPDATE 1-Zhongwang USA to buy aluminum products maker Aleris

Aug 29 (Reuters) - Aleris Corp, a U.S.-based

aluminum rolled products maker, said it would be bought by

Zhongwang USA LLC, a division of Zhongwang International Group

Ltd, in a $2.33 billion deal.

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BRIEF-Xpel Technologies acquires Netherlands-Based Connectin Europe B.V.

* Says terms of acquisition were not disclosed.

Source text for Eikon:

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CORRECTED-Zhongwang USA to buy aluminum products maker Aleris

Aug 29 (Reuters) - Aleris Corp, a U.S.-based

aluminum rolled products maker, said it would be bought by

Zhongwang USA LLC, a unit of Zhongwang International Group Ltd,

in a $2.33 billion deal.

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BRIEF-Nextera Energy reaches agreements with global financial institutions for Oncor transaction

* Nextera Energy reaches agreements with global financial

institutions for Oncor transaction

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BRIEF-Cemex agrees to sell some of its U.S. assets to GCC

* Cemex and GCC agree on terms and conditions for sale of

certain U.S. assets

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BRIEF-Cathedral Energy provides update on its credit facility and initiation of strategic alternatives process

* Cathedral energy services provides update on its credit

facility and initiation of strategic alternatives process

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Deals of the day-Mergers and acquisitions

Aug 29 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1000 GMT on Monday:

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BRIEF-Nichi-Iko Pharmaceutical fully buys Sagent Pharmaceuticals, Inc. via takeover bid

* Says it completed full acquisition of Sagent

Pharmaceuticals, Inc. via takeover bid, effective Aug.

29(the U.S. time)

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Vienna Airport says glitch that disrupted dozens of flights resolved

VIENNA, Aug 29 (Reuters) - Data transmission problems that

caused the delay or cancellation of dozens of flights on Sunday

have been resolved, Vienna Airport said, with its

flight schedule having...

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Sunday, August 28, 2016

PRESS DIGEST- Financial Times - Aug 29

Aug 29 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

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Nutanix acquires two startups amid IPO delay

SAN FRANCISCO, Aug 28 (Reuters) - High-tech computing

company Nutanix has acquired two startups to enhance its data

and storage services, as the firm continues to grow its business

despite a...

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S.Korea's KEPCO buys Colorado solar power plant from Carlyle Group

SEOUL, Aug 28 (Reuters) - Korea Electric Power Corp (KEPCO)

signed a contract on Aug. 26 to buy a solar power

plant from the U.S.-based Carlyle Group's Cogentrix Solar

Holdings, KEPCO said in a...

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Saturday, August 27, 2016

RPT-Whiplashed investors stay skittish about St. Jude

Aug 26 (Reuters) - One day after a short seller claimed that

St. Jude Medical Inc's heart implants are vulnerable to

deadly cyber attacks, investors appear most concerned about

whether the accusation...

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UPDATE 1-Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

NEW YORK, Aug 26 (Reuters) - Bankrupt U.S. teen retailer

Aeropostale Inc received bids this week for its

business from private equity firm Sycamore Partners, as well as

liquidators, firms that wind...

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Whiplashed investors stay skittish about St. Jude

Aug 26 (Reuters) - One day after a short seller claimed that

St. Jude Medical Inc's heart implants are vulnerable to

deadly cyber attacks, investors appear most concerned about

whether the accusation...

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Sempra-Techint made best offer on Odebrecht pipeline in Peru - source

LIMA, Aug 26 (Reuters) - A consortium formed by Sempra

Energy and Techint Group offered the best bid to Odebrecht for

acquiring its majority stake in a $5 billion natural gas

pipeline project in...

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Friday, August 26, 2016

BRIEF-Transition Therapeutics Shareholders Approve Acquisition by OPKO Health

* Transition Therapeutics shareholders approve acquisition

by OPKO Health

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Bumper US$2bn payday for advisers on SABMiller deal

LONDON, Aug 26 (IFR) - Brewers Anheuser-Busch InBev and

SABMiller will pay almost US$2bn in fees to banks, lawyers, PR

firms and others advisers to complete the largest ever consumer

products...

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BRIEF-Rackspace enters into a $4.3 bln transaction to become a private company through an acquisition

* Rackspace enters into a $4.3 billion transaction to become

a private company through an acquisition led by certain funds

managed by affiliates of Apollo Global Management

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BRIEF-Homestake shareholders approve acquisition by Auryn

* Says approximately 98.2 pct of votes cast by Homestake

shareholders were voted in favour of arrangement

Source text for Eikon:

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UPDATE 1-Icahn explored selling Herbalife stake to group that included Ackman-WSJ

Aug 26 (Reuters) - Billionaire investor Carl Icahn was

lately in talks to sell his stake in nutritional supplement

maker Herbalife Ltd to a group that included hedge fund

manager Bill Ackman, the...

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PRESS DIGEST-Canada - Aug. 26

Aug 26 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

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AB InBev expects to cut 3 pct of jobs after SABMiller takeover

BRUSSELS, Aug 26 (Reuters) - Anheuser-Busch InBev

expects to cut some 3 percent of its combined workforce after it

has acquired rival SABMiller, according to takeover

documents published on Friday.

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EU mergers and takeovers (Aug 25)

BRUSSELS, Aug 26 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

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Thursday, August 25, 2016

BRIEF-Great Plains, Westar Energy to hold shareholder meets on Sept.26

* Great Plains Energy and Westar Energy schedule special

shareholder meetings

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BRIEF-Pharmathene withdraws protest against HHS over anthrax vaccine bidding process

* Pharmathene withdraws protest against HHS over anthrax

vaccine bidding process

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UPDATE 1-LyondellBasell retains bank for potential Houston refinery sale -sources

NEW YORK/HOUSTON, Aug 25 (Reuters) - LyondellBasell

Industries NV has retained Bank of America Merrill Lynch

to help with the potential sale of its 263,776

barrel-per-day refinery in Houston,...

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UPDATE 1-Hungry Nomad Foods ready to start M&A shopping again

* Plans to adopt light version of zero-based budgeting

(Adds more comments, byline, bullet points)

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UPDATE 2-Tesla wins U.S. antitrust approval to buy SolarCity

WASHINGTON, Aug 25 (Reuters) - Tesla Motors Inc has

won U.S. antitrust approval to buy solar panel installer

SolarCity Corp, the Federal Trade Commission said on

Thursday.

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BRIEF-BGC Partners announces agreement to buy Perimeter Markets

* BGC Partners announces agreement to acquire Perimeter

Markets Inc, an operator of electronic trading platforms in

Canada

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Hungry Nomad Foods ready to start M&A shopping again

LONDON, Aug 25 (Reuters) - Nomad Foods is ready to

start looking at more acquisitions now that it has finished

integrating last year's purchase of Findus Group's European

businesses, Chief Executive...

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BRIEF-Horizon Global to acquire the outstanding equity interests of Westfalia Group

* Horizon Global says will acquire the outstanding equity

interests of the Westfalia Group for consideration of

approximately 167 million - SEC Filing

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A



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BRIEF-Rexford Industrial Realty buys 5-building industrial complex

* Rexford Industrial acquires five-building industrial

complex for $40.1 million

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BRIEF-Berry Plastics Group announces agreement to acquire AEP Industries

* Berry Plastics Group, Inc. Announces agreement to acquire

AEP Industries Inc.

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UPDATE 1-Uber to pull out of Macau in September - Macau media

Aug 25 (Reuters) - Global ride-hailing giant Uber

Technologies Inc will pull out of the gambling hub of

Macau on September 9, less than 10 months after it launched

there, Macau media reported, citing...

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BRIEF-Horizon Global announces agreement to acquire Westfalia-Automotive and Terwa

* Horizon Global announces agreement to acquire

Westfalia-Automotive and Terwa

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Uber to pull out of Macau in September - Macau media

Aug 25 (Reuters) - Global ride-hailing giant Uber

Technologies Inc will pull out of the gambling hub of

Macau on September 9, less than 10 months after it launched

there, Macau media reported, citing...

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GfK's majority owner eyes merger or sale - WirtschaftsWoche

FRANKFURT, Aug 25 (Reuters) - The majority owner of

Germany's GfK is looking at strategic options for the

market research firm, including a merger or sale, German weekly

magazine WirtschaftsWoche...

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Wednesday, August 24, 2016

BRIEF-Proofpoint buys Return Path's email fraud protection unit

* Purchase price for return path's email fraud protection

division was approximately $18 million

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Monster Worldwide says MediaNews claims against Randstad deal "flawed"

Aug 24 (Reuters) - Monster Worldwide Inc said

shareholder MediaNews Group Inc had made "flawed and uninformed

assumptions" in its letter last week opposing the job sites

operator's buyout by Dutch...

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BRIEF-Investors Management Corp acquires RiseMark Brands

* Terms of transaction were not disclosed

Source text for Eikon:

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UPDATE 1-Emerging markets-focused hedge fund ESG to separate from Carlyle

Aug 24 (Reuters) - The partners of Emerging Sovereign Group

LLC (ESG) have agreed to buy back the majority stake in the

emerging markets-focused hedge fund manager that was acquired by

Carlyle Group...

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Orange denies media report on deal with Vivendi on Telecom Italia

PARIS, Aug 24 (Reuters) - French telecoms operator Orange

denied on Wednesday having reached a deal with Vivendi

that would include taking stakes in the media giant's

pay-TV Canal Plus and in...

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Emerging markets-focused hedge fund ESG to separate from Carlyle

Aug 24 (Reuters) - The partners of Emerging Sovereign Group

LLC (ESG) have agreed to buy back the majority stake in the

emerging markets-focused hedge fund manager that was acquired by

Carlyle Group...

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BRIEF-Elliott Capital says owns 1.2 pct stake in SABMiller

* Elliott Capital Advisors, L.P. discloses 1.2328 pct stake

in SABMiller plc Via derivatives - regulatory filing

Source text for Eikon:

Further company coverage:

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BRIEF-Barclays completes sale of risk analytics unit to Bloomberg

* Completed sale of Barclays Risk Analytics And Index

Solutions Ltd. To bloomberg L.p. For approximately 615 mln stg

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Specialty pharmacy PharMerica explores possible sale -sources

Aug 24 (Reuters) - PharMerica Corp, a U.S. pharmacy

manager for long-term care facilities, is exploring strategic

alternatives, including a potential sale, according to people

familiar with the...

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BRIEF-Epiq systems receives early termination of Hart-Scott-Rodino

* Epiq Systems receives early termination of

Hart-Scott-Rodino waiting period for acquisition by omers

private equity and harvest partners

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BRIEF-Tripadvisor acquires Citymaps

* Citymaps will continue to be run as a standalone business.

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Further company coverage:

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BRIEF-Skullcandy intends to pay Incipio a termination fee of $6.6 mln

* Intends to pay Incipio a termination fee of $6.6 million

in cash within two business days after demand from Incipio

Source text: [http://bit.ly/2bNpiNa]

Further company coverage:

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Ex-Performance Sports chairman says may bid for hockey gear maker

TORONTO, Aug 24 (Reuters) - The former chairman of

Performance Sports Group Ltd, Graeme Roustan, told

Reuters he has hired investment banks Jefferies Group LLC and

Canaccord Genuity to explore a...

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Tuesday, August 23, 2016

Bauer Hockey gear maker taps debt restructuring advisor -sources

Aug 23 (Reuters) - Performance Sports Group Ltd,

the maker of Bauer Hockey gear and Easton Sports baseball bats,

has turned to an investment bank for advice on how to cope with

its debt pile,...

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UPDATE 1-As China e-commerce booms, private equity sees room for growth in storage space

* Investors in China warehouses include Warburg Pincus,

Carlyle

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BRIEF-First Defiance Financial to buy Commercial Bancshares for transaction value of $63 mln

* First Defiance Financial Corp and Commercial Bancshares

Inc announce definitive merger agreement

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China's Silk Road powers bids for $1.5 bln Pakistan utility stake

SINGAPORE/ISLAMABAD, Aug 24 (Reuters) - Chinese state-backed

firms are frontrunners to buy a $1.5 billion controlling stake

in Pakistani utility K-Electric, sources said, as they bet the

benefits of...

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As China e-commerce booms, private equity sees room for growth in storage space

* Investors in China warehouses include Warburg Pincus,

Carlyle

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Brazil's Cesp says body recommends controlling shareholder to sell stake

SAO PAULO, Aug 23 (Reuters) - Cia Energética de São Paulo SA

said on Tuesday that a council overseeing

privatizations has recommended the state of São Paulo sell a

controlling stake in the Brazilian...

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Caesars argues fresh lawsuit shield will help bankruptcy deal

CHICAGO, Aug 23 (Reuters) - The bankrupt operating unit of

Caesars Entertainment Corp asked a judge on Tuesday to

extend a lawsuit shield for its parent company, which a

financial advisor said is...

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BRIEF-Tarku Resources renegotiates terms for Tarku property in Saskatchewan

* Tarku renegotiates terms for Tarku (Virgin river)

property, Saskatchewan

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BRIEF-Condor Hospitality says closed on a joint venture acquisition

* Closed on a joint venture acquisition of 254 room aloft

atlanta located in downtown Atlanta for $43.6 million

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BRIEF-J M Smucker - do not have a place in mass premium pet foods, continue to evaluate acquisitions or licensing there

* On conf call - expect softness in pet foods to continue in

near term

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BRIEF-Z Capital Partners to acquire Affinity Gaming

* Says entered into a definitive agreement for such

affiliates of Z Capital to acquire Affinity in an all-cash

transaction

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BRIEF-Viex Capital Advisors believes Immersion has strategic opportunities

* Viex Capital Advisors says it believes there are strategic

opportunities for Immersion Corp - SEC filing

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RPT-BRIEF-Green Plains to buy three Abengoa bioenergy ethanol plants

* Green plains to purchase three Abengoa bioenergy

ethanol plants

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BRIEF-Labcorp's acquisition of Sequenom clears antitrust review

Aug 23 (Reuters) - Laboratory Corporation Of America

Holdings :

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Brazil mulls fund to finance farming insurance, Valor says

SAO PAULO, Aug 23 (Reuters) - The Brazilian government is

considering the creation of a private-sector fund to help

subsidize insurance for farmers, potentially cushioning them

from possible budget...

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UPDATE 2-UK court says SABMiller shareholders can be split into two classes

* UK court ruling effectively raises investor approval

hurdle

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BRIEF-Albemarle to acquire lithium salts production assets in Asia

* Albemarle signs definitive agreement to acquire lithium

salts production assets in Asia

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BRIEF-SAB says investors Altria, BEVCO to vote on AB InBev deal separately

* Result of this is that Altria and BEVCO will consent to UK

scheme separately and will not vote with other SABMiller

shareholders

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Deals of the day- Mergers and acquisitions

Aug 23 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1000 GMT on Tuesday:

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EU mergers and takeovers (Aug 23)

BRUSSELS, Aug 23 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

Read more
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Monday, August 22, 2016

BRIEF-Green Plains to buy three Abengoa bioenergy ethanol plants

* Green plains to purchase three Abengoa bioenergy ethanol

plants

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BRIEF-Accenture to acquire Australian security company Redcore

* Entered into an agreement to acquire Redcore, a privately

held Australia-based consulting company

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REFILE-UPDATE 1-Cinven to acquire pharmaceutical research firm Bioclinica

Aug 22 (Reuters) - Cinven Ltd said on Monday it agreed to

acquire BioClinica Inc from two other buyout firms, Water Street

Healthcare Partners and JLL Partners, in a deal that sources

said values the...

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Brazil's Ser hires lawyers to fight Kroton-Estacio merger - source

SAO PAULO, Aug 22 (Reuters) - Ser Educacional SA,

Brazil's third-largest listed for-profit education company, has

hired lawyers to lobby against a merger of two larger rivals,

according to a source...

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BRIEF-Cinven to buy Bioclinica

* Consideration is not disclosed

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BRIEF-Valero Energy Partners announces acquisition of the Meraux, 3 rivers terminal services business for $325 mln

* Valero Energy Partners Lp announces acquisition of the

Meraux and three rivers terminal services business for $325

million

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Clearspring seeks to sell Medical Pharmacies, could fetch C$1 bln -sources

TORONTO/NEW YORK, Aug 22 (Reuters) - Private equity firm

Clearspring Capital Partners plans to sell Medical Pharmacies

Group, a Canadian provider of drug services to nursing homes, in

a deal that...

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BRIEF-Alimentation Couche-Tard says will continue to look at tuck in acquisitions - Conf call

* Says will continue to look at tuck in acquisitions -

Conference call

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BRIEF-Dai-Ichi Life Insurance Co Ltd to acquire United States Warranty Corp - Nikkei

* Dai-Ichi Life Insurance to acquire united states warranty

corp for deal valued at $127 million - nikkei

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Investment banking fee pool to rise 3 pct in Latin America -Itau BBA

SAO PAULO, Aug 22 (Reuters) - Fees for advising on

investment banking in Latin America are set to rise 3 percent

year to date through July to $730 million, as mergers gain

traction and a region-wide...

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UPDATE 1-Enbridge files mixed shelf offering of up to $7 bln - U.S. SEC

CALGARY, Alberta, Aug 22 (Reuters) - Enbridge Inc,

Canada's largest pipeline company, filed a mixed shelf offering

of up to $7 billion with the U.S. Securities and Exchange

Commissions on Monday,...

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UPDATE 1-Chinese investors buy ad tech startup Media.net for $900 mln

Aug 22 (Reuters) - Advertising technology startup Media.net,

founded by tech entrepreneur Divyank Turakhia, said on Monday it

had been acquired for about $900 million by a group of Chinese

investors.

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BRIEF-Microsoft says has signed an agreement to acquire Genee

* Microsoft says has signed an agreement to acquire Genee,

an artificial intelligence-powered scheduling service

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BRIEF-UK Court to decide on SAB's investor classes for AB InBev deal on Tuesday

* Reserving judgement till Tuesday over whether SABMiller

shareholders to be treated as one class in vote on AB InBev

takeover

Further company coverage:

(Bengaluru Newsroom: +91 80 6749 1136)

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REFILE-UPDATE 2-Pfizer boosts cancer drug pipeline with $14 bln Medivation deal

Aug 22 (Reuters) - Pfizer Inc said on Monday it

would buy U.S. cancer drug company Medivation Inc in a

deal valued at about $14 billion, adding blockbuster prostate

cancer drug Xtandi to its...

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UPDATE 2-Canada's Couche-Tard to buy Texas-based CST Brands in $4.4 bln deal

Aug 22 (Reuters) - Canadian convenience store operator

Alimentation Couche-Tard Inc said on Monday it would

buy U.S. convenience store chain CST Brands Inc in a

deal valued at about $4.4 billion,...

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Sanofi says talked with Medivation, but will be "disciplined" acquirer

PARIS, Aug 22 (Reuters) - French pharmaceutical group Sanofi

reacted to Pfizer's roughly $14 billion cash deal for

Medivation Inc by saying it had appreciated the chance

to engage in talks with...

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BRIEF-Medivation to pay fee of $510 mln, upon Pfizer deal termination

* Upon termination, Medivation will pay Pfizer a termination

fee of $510 million

Source text: (http://bit.ly/2bbItyC)

Further company coverage:

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Telenor sets sights on ads as network revenue stagnates

ARENDAL, Norway, Aug 22 (Reuters) - Norway's Telenor

will set up a separate business unit to claim a share

of the rapidly growing mobile advertising market in Asia, Chief

Executive Sigve Brekke told...

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Chinese investor group buys Media.net for $900 mln

Aug 22 (Reuters) - Advertising technology startup Media.net

said on Monday it had been acquired for about $900 million in

cash by a group of Chinese investors.

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Pension Insurance Corp in 230 mln stg pension buy-in with Pilkington

LONDON, Aug 22 (Reuters) - British insurer Pension Insurance

Corp has completed a 230 million pound ($301.00 million) pension

insurance 'buy-in' with the trustee of Pilkington Superannuation

Scheme,...

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UPDATE 5-U.S. clearance for ChemChina deal sends Syngenta stock soaring

* Syngenta shares gain 11 percent in early trade

(Adds Syngenta comment, updates shares)

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Sunday, August 21, 2016

PRESS DIGEST - Wall Street Journal - Aug 22

Aug 22 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

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U.S. watchdog clears ChemChina takeover of Syngenta

ZURICH, Aug 22 (Reuters) - A U.S. regulator has cleared

ChemChina's blockbuster takeover of Swiss pesticides and seeds

group Syngenta, the companies said on Monday.

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UPDATE 1-Pfizer nears deal to acquire Medivation for close to $14 bln -sources

Aug 21 (Reuters) - Pfizer Inc is in advanced talks

to acquire U.S. cancer drug company Medivation Inc for

close to $14 billion, as it seeks to boost its oncology

portfolio, people familiar with the...

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Pfizer nears $14 billion deal for Medivation-source

Aug 21 (Reuters) - Pfizer Inc is in advanced talks

to acquire U.S. cancer drug company Medivation Inc for

close to $14 billion, as it seeks to boost its oncology

portfolio, a person familiar with the...

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RPT-UPDATE 2-Soccer-Liverpool not for sale despite Chinese interest - source

LONDON, Aug 21 (Reuters) - The American owners of Liverpool,

one of the most famous teams in English soccer, are not planning

to sell, a senior source at the club said on Sunday, after

reports that a...

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RPT-UPDATE 3-China blasts Australian blocking of grid sale; door open to locals

SYDNEY, Aug 19 (Reuters) - China voiced anger on Friday over

a decision by Australia to rule out on security grounds the

preferred Chinese bidders for an energy grid potentially worth

more than $7...

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Soccer-Senior Liverpool source says club not up for sale

LONDON, Aug 21 (Reuters) - The American owners of England's Liverpool Football Club are not planning to sell, a senior source at the soccer club said on Sunday, after reports that they were gearing...

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RPT-UPDATE 1-Soccer-Liverpool hire advisers after Chinese bid - report

Aug 20 (Reuters) - Liverpool's owners have hired an

investment bank to advise on the possible sale of a sizeable

stake in the club to a Chinese consortium, the Financial Times

said on Saturday citing...

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Goldman, S.Korea fund to buy majority stake in cookware firm Happycall

SEOUL, Aug 21 (Reuters) - Goldman Sachs Group Inc and

South Korean private equity firm EastBridge Partners said on

Sunday they have agreed to acquire a majority stake in cookware

and kitchen...

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Saturday, August 20, 2016

UPDATE 2-Viacom says CEO Dauman to resign post immediately; Dooley steps in

NEW YORK, Aug 20 (Reuters) - Viacom Inc said on

Saturday that Chief Executive Philippe Dauman will resign

immediately, marking a victory for the family of controlling

shareholder Sumner Redstone in...

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BRIEF-CIFC to pay F.A.B. Holdings I LP a termination fee of $13.3 mln upon termination of deal

* To pay F.A.B. Holdings I LP a termination fee of $13.3

million in cash upon termination of deal under certain specified

circumstances

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Friday, August 19, 2016

BRIEF-Teijin to acquire DuPont stakes in Japan, Indonesia ventures - Nikkei

* Japan's Teijin is set to make two polyester film joint

ventures with Dupont into wholly owned subsidiaries - Nikkei

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BRIEF-United Insurance Holdings says to pay sole stockholder $9.3 mln as termination fee

* If deal is terminated under certain specified

circumstances, co to pay sole stockholder $9.3 million

termination fee

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BRIEF-F.A.B. Partners to buy CIFC for $333 mln in cash

* CIFC to be acquired by F.A.B. Partners for $333 million in

cash

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BRIEF-Your Community Bankshares shareholders approve merger agreement with Wesbanco

* Your Community Bankshares shareholders approve merger

agreement with Wesbanco

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Chinese power conglomerates becoming dominant forces in Brazil

SAO PAULO, Aug 19 (Reuters) - Chinese power conglomerates

are gradually becoming the dominant force in Brazil's

electricity industry, where high debt, a harsh recession and

less stringent takeover...

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BRIEF-Starwood announces close of sale of Hotel Goldener Hirsch in Salzburg

* Starwood Hotels & Resorts continues asset-light strategy

with the sale of Hotel Goldener Hirsch, a luxury collection

hotel, Salzburg

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BRIEF-Lyft in recent months held talks or made approaches to sell itself- NYT

* Lyft in recent months held talks or made approaches to

sell itself to cos including GM, Apple, Google, Amazon, Uber,

Didi Chuxing - NYT, citing sources

Source : http://nyti.ms/2bDhNIG

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Shareholder to oppose Randstad $429 mln bid for job-site firm Monster

AMSTERDAM, Aug 19 (Reuters) - Monster Worldwide

shareholder MediaNews said on Friday it will oppose global

staffing firm Randstad's $429 million bid for the U.S.

job-posting site.

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UPDATE 1-Taiwan's Mega Bank fined by NY regulator for compliance lapses

NEW YORK, Aug 19 (Reuters) - The New York branch of Mega

Financial Holding, one of Taiwan's biggest banks, has

agreed to pay $180 million to New York state's financial

regulator for anti-money...

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REFILE-BRIEF-Grand Chip Investment announces interim results of offer for Aixtron SE

* Grand Chip Investment GmbH announces interim results of

voluntary public takeover offer by Grand Chip Investment GmbH

for Aixtron SE

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LPC: Chefs' Warehouse earnings guidance misses mark after financing

NEW YORK, Aug 19 (Reuters) - Chefs' Warehouse this

month cut its earnings forecast by about 20% just weeks after it

obtained millions of dollars in financing, drawing the ire of

some lenders.

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Taiwan says New York financial regulator fines state-run Mega Financial' s banking unit

TAIPEI, Aug 19 (Reuters) - The New York banking branch of

state-run Mega Financial Holding has been fined by New

York State's financial services department, Taiwan's finance

ministry said on Friday.

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LPC: Growing loan pipeline suggests post-Labor Day M&A

NEW YORK, Aug 19 (Reuters) - A growing pipeline of deals

buoyed by rising chief executive confidence, a stronger

consensus about interest rate hikes and an abundance of

available capital point to a...

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Investor resistance to Triple C risk crumbles

NEW YORK, Aug 19 (IFR) - Resistance is futile for some

investors eyeing risky Triple C bonds as spreads and absolute

returns continue to tighten across the board.

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Mexico postpones 2.5 Ghz band tender for 1 year -regulator

MEXICO CITY, Aug 19 (Reuters) - Mexico will delay bidding

for a year on its 2.5 Gigahertz (Ghz) broadcast spectrum, which

is ideal for servicing data-hungry devices like tablets and

smartphones, a...

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BRIEF-Interoil urges shareholders to vote for Exxonmobil deal

* Interoil highlights value created by Exxonmobil

transaction

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EU mergers and takeovers (Aug 19)

BRUSSELS, Aug 19 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

Read more
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BRIEF-ON Semiconductor extends tender offer to buy Fairchild Semiconductor

* On Semiconductor extends tender offer to acquire Fairchild

Semiconductor

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UPDATE 1-Australian treasurer formally rejects Chinese bids for state-owned Ausgrid

SYDNEY, Aug 19 (Reuters) - Australian Treasurer Scott

Morrison on Friday officially rejected bids by two Chinese

companies in the A$10-billion ($7.67-billion) sale of the

country's biggest energy...

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Australian treasurer formally rejects Chinese bids for state-owned Ausgrid

SYDNEY, Aug 19 (Reuters) - Australian Treasurer Scott

Morrison on Friday officially rejected bids by two Chinese

companies in the A$10-billion ($7.67-billion) sale of the

country's biggest energy...

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Taiwan asks Uber to pay bill in sales tax stand-off

TAIPEI, Aug 19 (Reuters) - Taiwan has asked Uber

Technologies to pay a sales tax bill estimated by local media to

be up to about $6.4 million, the government said on Friday, as a

decision looms on...

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Indonesia's Medco to invest $500 mln to build copper smelter after Newmont deal

JAKARTA, Aug 19 (Reuters) - Indonesian oil and gas producer

PT Medco Energi Internasional Tbk plans to invest $500

million to build a copper smelter following its deal to buy

control of Newmont Nusa...

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UPDATE 1-UK Stocks-Factors to watch on August 19

Aug 19 (Reuters) - Britain's FTSE 100 index is seen lower at open,

according to financial bookmakers, with futures down 0.05 percent ahead

of the cash market open.

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Thursday, August 18, 2016

CORRECTED-UPDATE 1-Uber buys self-driving truck startup Otto; teams with Volvo

Aug 18 (Reuters) - Ride service Uber Technologies Inc said

on Thursday it acquired self-driving trucks startup Otto and

formed a $300 million alliance with Volvo Car Group to develop

self-driving...

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BRIEF-Emerson Electric to pay Pentair cash reverse termination fee if deal is terminated

* If deal is terminated under specified antitrust related

circumstances, co to pay Pentair, cash reverse termination fee -

SEC filing

Source text for Eikon:

Further company coverage:

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BRIEF-Emmis receives takeover proposal from E Acquisition Corp

* Emmis Communications receives proposal to acquire the

corporation's outstanding public shares

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UPDATE 2-Enterprise Products approached Williams over acquisition -sources

Aug 18 (Reuters) - Enterprise Product Partners LP

approached Williams Companies Inc earlier this summer

about an acquisition that would combine the two U.S. oil and gas

pipeline companies, according...

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UPDATE 1-Gawker.com to shut down next week

Aug 18 (Reuters) - U.S. internet publisher Gawker Media

Group said on Thursday that it would shut down Gawker.com next

week, ending the online news and gossip website's 14-year run.

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Credit Suisse banker dispute shows challenge of CEO's new strategy

NEW YORK, Aug 18 (Reuters) - Credit Suisse Group AG

is accusing a group of five investment bankers who left for

Jefferies Group LLC in May of stealing confidential information

and trying to coax...

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BRIEF-Toshiba Medical Systems has made an offer to buy Takeda's unit Wako Pure Chemicals Industries - Nikkei

* Toshiba Medical Systems has made an offer to acquire a

Takeda Pharmaceutical subsidiary - Nikkei

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Enterprise Products approached Williams over acquisition -sources

Aug 18 (Reuters) - Enterprise Product Partners LP

approached Williams Companies Inc earlier this summer

about an acquisition that would combine the two U.S. oil and gas

pipeline companies, people...

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U.S. FTC closes probe into scrapped merger of Williams, ETE

WASHINGTON, Aug 18 (Reuters) - U.S. antitrust enforcers said

on Thursday that they have formally closed their probe into the

now-scrapped merger of Energy Transfer Equity, LP and

the Williams...

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U.S.-Israeli mobile repair start-up CellSavers raises $15 mln

TEL AVIV, Aug 18 (Reuters) - U.S.-Israeli start-up

CellSavers, whose technology matches consumers with broken

mobile devices and technicians, said on Thursday it raised $15

million in financing led...

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UPDATE 1-United Bankshares to buy Cardinal Financial in $912 mln deal

Aug 18 (Reuters) - United Bankshares Inc said it

would buy rival lender Cardinal Financial Corp in an

all-stock deal worth about $912 million, strengthening its

position in the Washington, D.C.,...

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BRIEF-UK's CMA says accepted Hain's proposed undertakings in Orchard House deal

Aug 18 (Reuters) - UK's Competition and Markets Authority

(CMA):

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Russia's MTS cuts outlook after quitting Uzbekistan

MOSCOW, Aug 18 (Reuters) - Russia's biggest mobile phone

operator MTS lowered its full-year revenue and profit guidance

on Thursday citing an impact from the disposal of its operations

in Uzbekistan.

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UPDATE 1-HeidelbergCement sells U.S. assets for $660 mln before takeover

BERLIN, Aug 18 (Reuters) - German cement and aggregates

producer HeidelbergCement has agreed to sell assets in the

United States to fulfil anti-trust requirements for its takeover

of Italian rival...

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BRIEF-Jones Energy says announces STACK/SCOOP acquisition

* Jones Energy Inc says to acquire approximately 18,000 net

acres primarily in southern Canadian and northern Grady counties

in Oklahoma

Source text for Eikon:

Further company coverage:

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BRIEF-Domtar Corp to buy privately-held Home Delivery Incontinent Supplies Co for $45 mln

* Domtar Corp says had agreed to purchase privately-held

Home Delivery Incontinent Supplies Co

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UPDATE 2-Daetwyler backs away from bidding war for UK Raspberry Pi maker

Aug 18 (Reuters) - Switzerland's Daetwyler said on

Thursday it would not make a higher offer for Premier Farnell

, potentially paving the way for U.S. rival Avnet Inc

to take over the British firm...

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Amazon steps up British investment with Tilbury distribution centre

LONDON, Aug 18 (Reuters) - Online retailer Amazon

said it would create 1,500 new jobs in 2017 when it opens a new

distribution centre in Tilbury, south east England, maintaining

its surge of...

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ICE says British watchdog's concerns about Trayport takeover not justified

Aug 18 (Reuters) - Financial and commodity markets operator

Intercontinental Exchange (ICE) said on Thursday that

British competition authorities' concerns about its $650 million

takeover of Trayport...

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Indonesian government approves Newmont Nusa Tenggara deal - official

JAKARTA, Aug 18 (Reuters) - Indonesia's government has

approved an Indonesian investor group's bid to buy control of

Newmont Nusa Tenggara (NNT), which operates the country's

second-biggest copper...

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Wednesday, August 17, 2016

BRIEF-Retrophin considering acquisition of Raptor Pharmaceutical- Bloomberg

* Retrophin Inc considering acquisition of Raptor

Pharmaceutical Corp - Bloomberg, citing sources

Source text : http://bloom.bg/2boJgAj

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UPDATE 1-Texas utility Energy Future pushes bankruptcy exit plan in trial

WILMINGTON, Del., Aug 17 (Reuters) - Energy Future Holdings

Corp , Texas' biggest power company, urged a

U.S. bankruptcy court on Wednesday to allow the bulk of its

operations to exit Chapter 11, in...

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UPDATE 1-Monsanto's Climate Corp to expand digital farming platform

Aug 17 (Reuters) - Monsanto Co's Climate Corporation

is building a network of in-field sensors to expand the scope of

soil, weather and other data flowing into its digital

agriculture tools that help...

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Banks miss out as Chinese firms do DIY deal advice

HONG KONG, Aug 18 (Reuters) - When ride-hailing firm Didi

Chuxing agreed to buy Uber Technologies Inc's China unit this

month, creating a $35 billion business, both firms used in-house

advisory...

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UPDATE 1-SolarCity slashing costs, including CEO pay

LOS ANGELES, Aug 17 (Reuters) - SolarCity Corp on

Wednesday said it would cut operating costs, including slashing

its chief executive's salary, to bring expenses in line with its

reduced solar...

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American Apparel hires investment bank to explore sale - sources

Aug 17 (Reuters) - American Apparel LLC, the U.S. teen

clothing retailer known for its sexually suggestive advertising,

has hired investment bank Houlihan Lokey Inc to explore

a sale, people familiar...

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UPDATE 2-Monsanto gives Bayer limited access to its books -sources

* Bayer has no appetite to go hostile but talks difficult

-sources

(Adds Monsanto CEO comment)

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BRIEF-Tyco shareholders approve merger with Johnson Controls

* Says merger is expected to be completed on Friday, Sept.

2, 2016

Source text for Eikon:

Further company coverage:

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BRIEF-Softbank Group Corp's Masayoshi Son would like to merge Sprint-T-Mobile - Bloomberg

* Softbank Group Corp's Masayoshi Son would like to merge

Sprint-T-Mobile - Bloomberg, citing sources

Source (http://bloom.bg/2bnFC9M)

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Monsanto's Climate Corp building network of farm data sensors

Aug 17 (Reuters) - Monsanto Co subsidiary the

Climate Corporation is developing a network of in-field sensors

to expand the scope of farming data flowing into its digital

agriculture platform, the...

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UPDATE 2-Aetna warned it would cut Obamacare if Humana deal was blocked

NEW YORK, Aug 17 (Reuters) - Aetna Inc warned in

July that it would exit much of the individual Obamacare health

insurance market if the government challenged its deal to buy

rival Humana Inc,...

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Monsanto gives Bayer limited access to information -sources

FRANKFURT, Aug 17 (Reuters) - U.S. seed giant Monsanto

has given German suitor Bayer limited access

to its books after turning down a sweetened $64-billion takeover

offer last month, two sources...

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Nestle fights to keep coffee crown from keen competitors

LONDON/ZURICH/CAPETOWN, Aug 17 (Reuters) - Nestle

is giving its instant coffee brand Nescafe and its Nespresso

single-serve coffee a shot in the arm as fast-growing rivals

with lean cost structures...

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UPDATE 1-United Bankshares in talks to buy Cardinal Financial - source

Aug 17 (Reuters) - United Bankshares Inc is in

talks to buy rival lender Cardinal Financial Corp in an

all-stock deal, a person familiar with the transaction told

Reuters on Wednesday.

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BRIEF-Female Health and Aspen Park announce FDA clears pathway for expedited development of proprietary drug

* Female Health Company and Aspen Park Pharmaceuticals

announce FDA clears pathway for expedited development of

proprietary drug

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BRIEF-MSG Networks says Madison Square Garden acquires 12 pct stake in Townsquare

* The Madison Square Garden Company acquires 12 percent

stake in Townsquare

Read more
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BRIEF-United Bankshares in talks to acquire Cardinal Financial in an all stock deal- source

* United Bankshares in talks to acquire Cardinal Financial

in an all stock deal- source

Read more
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BRIEF-Perrigo to acquire Geiss, Destin & Dunn

* Perrigo to acquire U.S. Distributor of Healthcare &

Consumer Goods Products, Geiss, Destin & Dunn

Source text for Eikon:

Further company coverage:

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United Bankshares in talks to buy Cardinal Financial - Bloomberg

Aug 17 (Reuters) - United Bankshares Inc is in

talks to buy rival lender Cardinal Financial Corp,

Bloomberg reported on Wednesday, citing sources.

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Hitachi, Carlyle, Permira among bidders for $1 bln Takeda unit-sources

TOKYO, Aug 17 (Reuters) - Hitachi Ltd and buyout

firms Carlyle Group and Permira are among

suitors to buy Takeda Pharmaceutical Co's chemicals

unit, people with knowledge of the matter said, in a...

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PRESS DIGEST- New York Times business news - Aug 17

Aug 17 (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.

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Cypriot firm Energean to buy two Israeli gas fields

TEL AVIV, Aug 17 (Reuters) - The partners in Israeli

offshore gas fields Tamar and Leviathan have agreed to sell

their rights in two smaller fields to Ocean Energean Oil and Gas

Ltd for $148.5...

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Tuesday, August 16, 2016

PRESS DIGEST- British Business - Aug 17

Aug 17 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more
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BRIEF-China CAMC Engineering unit to hold 100 percent stake in Golden Band Resources Inc

* Says its Canada-based unit Procon Resources Inc gets

approval from Court of Queen's Bench for Saskatchewan to buy 100

percent stake in Golden Band Resources Inc based on

ORDER(Approval and...

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Praxair and Linde's merger would face major antitrust hurdles

Aug 16 (Reuters) - Praxair Inc's contemplated merger

with Linde AG would cut the number of global

industrial gas suppliers to three from four, posing antitrust

challenges and drawing scrutiny from...

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UPDATE 2-U.S. charges Gabonese man for bribe scheme involving hedge fund

NEW YORK, Aug 16 (Reuters) - A Gabonese man who consulted

for a joint venture involving a U.S. hedge fund was arrested on

Tuesday on charges that he participated in a scheme to bribe

officials in...

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BRIEF-Teranga Gold says one step closer to acquisition of Gryphon Minerals

* Teranga gold one step closer to acquisition of gryphon

minerals

Read more
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BRIEF-MeetMe reiterates third quarter and full year 2016 revenue

* MeetMe reiterates third quarter and full year 2016 revenue

and adjusted ebitda guidance

Read more
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UPDATE 1-Canada's Couche-Tard in lead to acquire CST Brands -sources

NEW YORK, Aug 16 (Reuters) - Canadian convenience store

operator Alimentation Couche-Tard Inc is in the lead

to acquire CST Brands Inc, a U.S.-based convenience

store retailer, according to two...

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UPDATE 1-Brazil's CSN eyes asset sale soon to boost capital, reduce debt

SAO PAULO, Aug 16 (Reuters) - Brazilian steelmaker Companhia

Siderurgica Nacional will announce an asset sale over

the next 10 days in a move designed to boost the company's

capital and reduce its...

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UPDATE 2-Ford plans self-driving car for ride share fleets in 2021

DETROIT, Aug 16 (Reuters) - Ford Motor Co plans to

offer a fully automated driverless vehicle to commercial ride

sharing fleets such as Uber in 2021, the automaker

announced Tuesday.

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UPDATE 1-CEO of Brazil's Suzano sees industry consolidation amid low pulp prices

SAO PAULO, Aug 16 (Reuters) - The pulp and paper industry

will face more consolidation, given that excess capacity reduced

prices to their lowest in 20 years, said Walter Schalka, chief

executive of...

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CSN to announce asset sale in the next days

SAO PAULO, Aug 16 (Reuters) - Brazil's steelmaker Companhia

Siderurgica Nacional will announce an asset sale over

the next 10 days, investor relations director David Salama said

on a conference call...

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UPDATE 1-Univision bids for Gawker, challenging Ziff Davis-sources

NEW YORK, Aug 16 (Reuters) - Univision Holdings Inc

has offered to acquire Gawker Media LLC, challenging a $90

million stalking horse bid from media company Ziff Davis LLC in

the auction for the...

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BRIEF-WM Morrison completes sale of 10 pct stake in Fresh Direct

* Has completed sale of its 10 pct stake in Fresh Direct for

45 million stg in cash

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +91 80 6749 1136)

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Deals of the day- Mergers and acquisitions

Aug 16 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1330 GMT on Tuesday:

Read more
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Linde confirms merger talks with Praxair

FRANKFURT, Aug 16 (Reuters) - German industrial gases group

Linde on Tuesday confirmed it was in preliminary talks

about a potential merger with U.S. peer Praxair.

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BRIEF-Sigma Group acquires Aimia Inc Enhancement Services business unit

* Sigma group acquires Aimia Inc Enhancement Services

business unit

Read more
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UPDATE 1-Blackstone pulls out of Taipei 101 tower deal - sources

TAIPEI, Aug 16 (Reuters) - Blackstone has pulled out

of a potential $700 million investment in the Taipei 101 tower

operator after the Taiwanese group declined to disclose certain

financial details,...

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UK watchdog says may revoke ICE's $650 mln Trayport takeover

LONDON, Aug 16 (Reuters) - Financial and commodity markets

operator Intercontinental Exchange should consider

reversing its $650 million takeover of commodities trading

software house Trayport to...

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Blackstone pulls out of prospective Taipei 101 tower operator stake deal -sources

HONG KONG, Aug 16 (Reuters) - Blackstone has pulled

out of a potential $700 million investment into the Taipei 101

tower operator after the Taiwanese group declined to disclose

certain financial...

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Private equity-backed Siccar Point makes first North Sea oil deal

LONDON, Aug 16 (Reuters) - Oil and gas venture Siccar Point

said on Tuesday it had acquired a 8.9 percent stake in the UK

North Sea Mariner field from JX Nippon, the private

equity-backed firm's...

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RPT-Bollore's raider reputation rattles Berlusconis in battle of billionaires

PARIS, Aug 12 (Reuters) - When French tycoon Vincent Bollore

backed out of a deal to buy the pay-TV business of Italian

broadcaster Mediaset, and instead proposed to take a

large slice of the parent...

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BRIEF-Fibra Inn buys Hotel Courtyard by Marriott Chihuahua

* Said on Monday buys Hotel Courtyard by Marriott Chihuahua

of 152 rooms for 234.4 million Mexican pesos ($13.0 million)

plus 8.7 million pesos of taxes and other expenses

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Monday, August 15, 2016

Univision bids for Gawker, challenging Ziff Davis-sources

NEW YORK, Aug 16 (Reuters) - Univision Holdings Inc

has offered to acquire Gawker Media LLC, challenging a $90

million stalking horse bid from media company Ziff Davis LLC in

the auction for the...

Read more
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UPDATE 2-Praxair in talks to acquire Linde- source

Aug 15 (Reuters) - U.S. industrial gas supplier Praxair Inc

is in early-stage talks to acquire German peer Linde AG

and create the biggest company in their sector with a

market value of more than...

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GIC among 2 investors buying 71 pct stake in U.S. manufactured housing business

SINGAPORE, Aug 16 (Reuters) - Singapore's sovereign-wealth

fund GIC is among two investors who have bought a 71 percent

stake in Denver-based Yes Communities, an owner of manufactured

housing estates...

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PRESS DIGEST- Financial Times - Aug 16

Aug 16 (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
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BRIEF-Whitewave schedules Oct 4 special meeting for vote on merger agreement with Danone

* Whitewave schedules october 4, 2016 special meeting for

vote on merger agreement with danone

Read more
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Williams to expand board with three new independent directors

Aug 15 (Reuters) - U.S. oil and gas pipeline company

Williams Cos Inc said on Monday it intends to add three

new independent directors to its board, nearly two months after

six of its directors quit.

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BRIEF-AIG nears $3.4 bln deal to sell mortgage-insurance unit to Arch Capital- CNBC, citing dow jones

* Aig nears deal to sell mortgage insurance unit to arch

capital group for about $3.4b - CNBC, citing Dow Jones

Source text : (http://on.wsj.com/2aYjoZV)

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Large SolarCity owner cuts stake in second quarter

BOSTON, Aug 15 (Reuters) - A large SolarCity Corp

hedge fund investor cut most of its stake in the solar panel

installer during the second quarter, quarterly filings show, the

period when the...

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BRIEF-Bancorpsouth says FDIC expects to begin next CRA evaluation later this year

* FDIC expects to begin its next CRA evaluation of bank

later this year and to complete that evaluation during q1 of

2017

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BRIEF-Genesee & Wyoming enters into agreement to acquire Providence and Worcester Railroad Company

* Genesee & Wyoming Inc. enters into agreement to acquire

providence and worcester railroad company

Read more
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BRIEF-Providence and Worcester Railroad announces proposed acquisition by Genesee & Wyoming

* Genesee & Wyoming Inc will acquire company for $25.00 per

share of common stock, or approximately $126 million, in cash

Read more
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BRIEF-Stonemor to buy up to 16 cemeteries, granite importing business

* Stonemor Partners L.P. announces agreement to effectively

acquire up to 16 cemeteries and granite importing business

Read more
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BRIEF-Gold Resource buys interest in a Nevada gold project

* Purchase of 100% interest in Isabella pearl high-grade

gold potential open pit heap leach project

Read more
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PRESS DIGEST - Wall Street Journal - August 15

Aug 15 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more
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RPT-Europe's boutique firms stealing M&A market share, dealmakers, data shows

LONDON, Aug 14 (Reuters) - Boutique advisory firms now

receive nearly half of all mergers and acquisition fees in

Europe, stealing market share and top dealmakers from global

investment banks...

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Sunday, August 14, 2016

BRIEF-JLL acquires PDM International

* Jll acquires pdm international, a leading asia pacific

interior design practice

Source text for Eikon:

Further company coverage:

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KKR weighs bid for 'Peppa Pig' owner Entertainment One -Bloomberg

Aug 14 (Reuters) - Private-equity firm KKR & Co may

bid for television distributor Entertainment One Ltd

after the owner of the preschool cartoon character "Peppa Pig"

rejected an offer from UK...

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BRIEF-TPG to buy RCN and Grande Communications for about $2.25 bln-WSJ, citing sources

* TPG to buy RCN And Grande Communications for about $2.25

bln-WSJ, citing sources

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UPDATE 2-MAA close to buying Post Properties in $4 bln deal -source

NEW YORK, Aug 14 (Reuters) - Mid-America Apartment

Communities Inc is close to finalizing a $4 billion deal

to acquire Post Properties Inc, a source familiar with

the matter said on Sunday.

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BRIEF-MAA nears deal to buy Post Properties for about $4 bln- WSJ, citng sources

* MAA nears deal to buy Post Properties for about $4

billion- WSJ, citng sources

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MAA, Post Properties REITs to combine in $4 bln deal -source

NEW YORK, Aug 14 (Reuters) - Mid-America Apartment

Communities Inc is close to agreeing a merger with Post

Properties Inc, according to a source familiar with the

matter.

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UPDATE 2-Bollore's raider reputation rattles Berlusconis in battle of billionaires

* He has built a global conglomerate over three decades

(Adds details on Neuville's occupation in paragraph 17)

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Saturday, August 13, 2016

BRIEF-Agellan Commercial Real Investment Trust announces us$15.8 million U.S. Property acquisition

* Has negotiated long term mortgage representing

approximately 60% of purchase price, with a fixed rate of 3.70%

per annum

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Friday, August 12, 2016

UPDATE 3-United scores first joint deals with flight crew, mechanics



Read more
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BRIEF-Slate Retail REIT deal for $64 per square foot

* Slate Retail REIT announces the purchase of Eastpointe

shopping center in West Virginia

Read more
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UPDATE 1-Lyft rebuffs acquisition interest from GM - report

SAN FRANCISCO, Aug 12 (Reuters) - Ride hailing company Lyft

rebuffed acquisition interest from General Motors Co and

will raise a new funding round instead, technology website The

Information...

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GE gets offer for French mortgage business

Aug 12 (Reuters) - General Electric Co on Friday

received an offer for its French prime mortgage portfolio, as

the company proceeds with efforts to divest its finance arm's

assets.

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Trial on Anthem's bid to buy Cigna to begin on Nov. 21 - judge

WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.

Justice Department's bid to stop big health insurer Anthem

from merging with competitor Cigna said on

Friday that the trial would start...

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United Airlines, mechanics reach deal on joint contract

Aug 12 (Reuters) - United Continental Holdings Inc

has reached a deal for the first labor contract in its history

that covers all 9,000 maintenance technicians at the company,

their union and the...

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WRAPUP 1-Brazil's Kroton stands by Estácio merger even as accounting flaws found

SAO PAULO, Aug 12 (Reuters) - Kroton Educacional SA

, Brazil's largest for-profit education firm, expects

shareholders to endorse next week a proposed takeover of rival

Estácio Participações SA,...

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Sumner Redstone willing to be deposed in competency lawsuit

CANTON, Mass., Aug 12 (Reuters) - An attorney for Sumner

Redstone said the media mogul would be willing to be briefly

interviewed under oath in a lawsuit over his mental competency

that could...

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SunEdison shareholders denied official role in bankruptcy

NEW YORK, Aug 12 (Reuters) - A U.S. judge denied a request

by shareholders of SunEdison Inc for an official

committee to represent them in the bankruptcy of the U.S.

renewable power plant developer,...

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U.S. judge in Anthem merger trial plans ruling by late January

WASHINGTON, Aug 12 (Reuters) - The judge overseeing the U.S.

Justice Department's bid to stop big health insurer Anthem

from merging with competitor Cigna said on

Friday her goal was to have a...

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BRIEF-Poydras Gaming Finance announces purchase of joint venture partner's interest in Aurora A&W joint venture

* Overall consideration for transaction consists of a cash

payment to A&W of $1.75 million and assumption of approximately

$1.6 million of debt

Read more
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EU mergers and takeovers (Aug 12)

BRUSSELS, Aug 12 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

Read more
Posted by at No comments:

UPDATE 1-Mondelez to mix Cadbury chocolate and biscuits with Burton's deal

LONDON, Aug 12 (Reuters) - Mondelez International

is to buy the rights to sell Cadbury-branded biscuits from

Britain's Burton's Biscuit Co in a bid to sell more and combine

chocolate and biscuits in...

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Nikkei takes cue from Wall Street records, logs weekly gain

TOKYO, Aug 12 (Reuters) - Japan's Nikkei share average rose

on Friday to log a robust weekly gain, as records levels hit on

Wall Street and a weaker yen lifted sentiment.

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Daetwyler leaves door open for sweetened Premier Farnell bid

ZURICH, Aug 12 (Reuters) - Swiss technical and electronic

components distributor Daetwyler on Friday left the door

open for sweetening a bid for Britain's Premier Farnell

after a rival offer...

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Thursday, August 11, 2016

BRIEF-Daetwyler Holding H1 net result up 34.4 pct to CHF 56.6 mln

* In the first half of 2016, the Datwyler group increased

its net revenue by 7.3% to 621.1 million Swiss francs ($637.35

million), with both divisions contributing to growth

Read more
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PRESS DIGEST - Wall Street Journal - Aug 12

Aug 12 (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
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REFILE-Caisse takes control of Quebec cement project hit by cost overruns

MONTREAL/TORONTO, Aug 11 (Reuters) - The Caisse de depot et

placement du Quebec on Thursday said it would take control of a

major cement project in Quebec hit by massive cost overruns, and

agreed to...

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UPDATE 1-Google Ventures CEO Bill Maris quits

Aug 11 (Reuters) - Alphabet Inc venture capital

arm GV said Bill Maris, a leading voice in the venture industry,

is leaving the investment firm he founded and ran as chief

executive for close to...

Read more
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BRIEF-Hewlett Packard Enterprise to acquire SGI for about $275 mln

* Hewlett Packard Enterprise to acquire SGI to extend

leadership in high growth big data analytics and high

performance computing

Read more
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Refiner CVR Energy preparing offer to buy Delek Holdings-NY Post

Aug 11 (Reuters) - U.S. oil refiner CVR Energy Inc,

backed by activist investor Carl Icahn, is preparing to make an

offer to buy smaller peer Delek US Holdings Inc, the New

York Post reported, citing...

Read more
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Canada's Gibson Energy says it turned down takeover offer

Aug 11 (Reuters) - Oil transportation company Gibson Energy

Inc said on Thursday it had rejected a takeover offer

from a foreign buyer, calling it inadequate.

Read more
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UPDATE 2-Legg Mason's Bill Miller leaves firm amid faded glory

NEW YORK/BOSTON, Aug 11 (Reuters) - Legg Mason Inc's Bill

Miller, whose mutual fund beat the S&P 500 handily for 15

consecutive years at the turn of the century, is riding off into

the sunset after...

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BRIEF-Viad buys business of ON Event Services LLC

* Viad acquires leading live event audio-visual services

provider

Read more
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UPDATE 1-Wells Fargo Advisors names David Kowach new head

NEW YORK, Aug 11 (Reuters) - Wells Fargo & Company

named David Kowach to head its retail wealth management

division, Wells Fargo Advisors, the nation's third-largest

brokerage, on Thursday.

Read more
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EU mergers and takeovers (Aug 11)

BRUSSELS, Aug 11 (Reuters) - The following are mergers under

review by the European Commission and a brief guide to the EU

merger process:

Read more
Posted by at No comments:

Lloyds investors fret over CEO's future and who could replace him

LONDON, Aug 11 (Reuters) - Top investors in Lloyds Banking

Group are concerned that chief executive Antonio

Horta-Osório might leave the bank sooner than anticipated

following press scrutiny of his...

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BRIEF-Nordex explosives announces further increase in offer price from EPC Groupe to $0.25 for each Nordex share

* Nordex explosives announces further increase in offer price from EPC

Groupe to $0.25 for each Nordex share

Read more
Posted by at No comments:

UPDATE 2-Arianna Huffington to leave Huffington Post to focus on startup

Aug 11 (Reuters) - Huffington Post co-founder Arianna

Huffington said on Thursday she would step down as

editor-in-chief of the news site that bears her name to focus on

running her new venture,...

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UPDATE 2-Steinhoff raises Poundland offer after hedge fund stake-building

* U.S. hedge fund Elliott has 17.5 pct stake in Poundland

(Adds detail, analyst comment, shares)

Read more
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UPDATE 1-Carlyle, founder raise $394 mln in partial exit from Brazil's CVC

SAO PAULO, Aug 11 (Reuters) - Carlyle Group LP and Brazilian

investor Guilherme Paulus raised a combined 1.230 billion reais

($394 million) from the partial sale of their stakes in

Brazilian travel...

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Spain's Banco Popular considering sale of Miami unit -report

MADRID, Aug 11 (Reuters) - Spain's Banco Popular is

considering putting its U.S. unit TotalBank up for sale, Cinco

Dias newspaper reported on Thursday, as the lender looks to cut

costs and clean up a...

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Abu Dhabi's Waha Capital Q2 profit falls on lower income, higher costs

ABU DHABI, Aug 11 (Reuters) - Abu Dhabi investment firm Waha

Capital, which owns a stake in aircraft leaser AerCap

, posted a 22 percent drop in second-quarter profit on

Thursday as lower income from...

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CJ, SK Networks make initial bids for S.Korea home appliance rental firm

SEOUL, Aug 11 (Reuters) - CJ Corp, the holding

company of food-to-logistics CJ Group, and retailer SK Networks

said on Thursday they submitted separate non-binding

bids to acquire South Korean home...

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Wednesday, August 10, 2016

Google Ventures CEO Bill Maris quits - Recode

Aug 11 (Reuters) - Bill Maris, the chief executive and

founder of Alphabet Inc's venture capital arm GV, is

leaving the company, Recode reported, citing sources.

Read more
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PRESS DIGEST- Financial Times - Aug 11

Aug 11 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more
Posted by at No comments:

Samsung Elec says to acquire US appliances maker Dacor

SEOUL, Aug 11 (Reuters) - South Korean tech giant Samsung

Electronics Co Ltd said on Thursday it will acquire

U.S.-based luxury appliances maker Dacor Inc, seeking to boost

high-end product sales.

Read more
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UPDATE 1-U.S. FCC votes to keep most media ownership rules

WASHINGTON, Aug 10 (Reuters) - The U.S. Federal

Communications Commission on Wednesday voted to retain nearly

all rules limiting cross-ownership of newspapers, radio and TV

stations in the same...

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UPDATE 1-Chesapeake to sell Barnett land, renegotiate Williams contract

Aug 10 (Reuters) - Chesapeake Energy Corp said on

Wednesday that it would sell its Barnett shale acreage in Texas

to private equity-backed Saddle Barnett Resources LLC and had

renegotiated an...

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COLUMN-Appeals court bans 'worthless' M&A deal tax suits: Frankel

NEW YORK Aug 10 (Reuters) - The 7th U.S. Circuit Court of

Appeals sent an unequivocal message Wednesday to the shareholder

class action bar: not in our backyard.

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Chesapeake to sell interests in Barnett shale operating area

Aug 10 (Reuters) - Chesapeake Energy Corp said on

Wednesday it agreed to sell its interests in the Barnett shale

operating area to private equity-backed Saddle Barnett Resources

LLC.

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BRIEF-Mallinckrodt Plc to acquire Stratatech Corporation

* Mallinckrodt to acquire Stratatech Corporation

Source text for Eikon:

Further company coverage:

Read more
Posted by at No comments:

BRIEF-Hi-Crush announces acquisition of Blair facility

* Hi-Crush Partners Lp announces acquisition of Blair

facility

Read more
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BRIEF-Chemical Financial receives regulatory approvals of merger with Talmer Bancorp

* Chemical Financial Corporation receives regulatory

approvals of its merger with Talmer Bancorp, Inc.

Read more
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Caledonia Investments to pay $480,000 to settle US antitrust charges

WASHINGTON, Aug 10 (Reuters) - Caledonia Investments PLC

has agreed to pay $480,000 to resolve charges that it

failed to report to the government share purchases made in 2014,

the Federal Trade...

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CD&R nears deal to buy wheelchair maker Drive DeVilbiss -sources

Aug 10 (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC

is in advanced talks to acquire Drive DeVilbiss, one of the

largest U.S. wheelchair manufacturers, for about $750 million,

including the...

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UPDATE 1-U.S. Steel Canada rejects offer from Essar consortium

* Union says decision "irresponsible"

(Adds comment from union)

Read more
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Judge sets Aetna-Humana antitrust trial date for December 5

Washington DC, Aug 10 (Reuters) - The U.S. District Court

judge hearing the U.S. Justice Department's case to block Aetna

Inc.'s $34 billion purchase of Humana Inc. has

set a trial date for Dec. 5,...

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BRIEF-Franklin Street Properties announces acquisition of Pershing Park Plaza

* Franklin Street Properties Corp. announces acquisition of

Pershing Park Plaza in midtown Atlanta

Read more
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AstraZeneca bets another $140 mln on Moderna's "messenger" drugs

LONDON, Aug 10 (Reuters) - AstraZeneca has invested

another $140 million in Moderna Therapeutics, the U.S. biotech

"unicorn" which already has a cash pile of around $1 billion and

is developing...

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Brazil's Bom Jesus offers creditors debt-for-land swap in reorganization

SAO PAULO, Aug 10 (Reuters) - Grupo Bom Jesus, a Brazilian

grain producer that filed for bankruptcy protection in May, has

offered creditors stakes in a farm that could be later sold, in

an effort to...

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Brazil's Oi sets shareholder meeting on investor proposals

SAO PAULO, Aug 10 (Reuters) - Oi SA has scheduled

a Sept. 8 shareholders' meeting to vote on proposals by minority

investor Societé Mondiale, the bankrupt Brazilian phone carrier

said in a securities...

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BRIEF-Oneroof to refinance 12.1 MW sponsor equity position

* Oneroof Energy announces refinancing of 12.1 mw sponsor

equity position

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RPT-Hershey trust to discuss new appointees this week

Aug 10 (Reuters) - The board of the $12 billion charitable

trust that controls Hershey Co. will meet this week to

discuss appointing new members, a spokesman for the trust's

board said, as it embarks...

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BRIEF-ITV says proposed combination with Entertainment One has strong strategic rationale

* Confirms that it has made a proposal to board of eOne to

combine two companies. Board of eOne has rejected this proposal

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UPDATE 1-Britain's new government awards rail contract to Abellio

LONDON, Aug 10 (Reuters) - Dutch-owned Abellio East Anglia

has been awarded a renewed contract to run rail services in

eastern England in one of the first such decisions made by

Britain's new...

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UPDATE 1-Peppa Pig-owner Entertainment One rejects 1 billion stg approach from ITV

LONDON, Aug 10 (Reuters) - Canada's Entertainment One

, the owner of children's TV brand Peppa Pig, said it had

rejected a 1 billion pounds takeover offer which, according to a

source, came from...

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Britain awards eastern England rail contract to Abellio

LONDON, Aug 10 (Reuters) - Britain awarded a contract to run

rail services in East Anglia to the incumbent operator Abellio

East Anglia, as part of a deal which included a 1 billion pound

($1.3...

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Peppa Pig-owner Entertainment One rejects approach from ITV

LONDON, Aug 10 (Reuters) - Canada's Entertainment One

, the owner of children's TV brand Peppa Pig, said its

board had rejected a takeover offer priced at 236 pence a share

which, according to a...

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Tuesday, August 9, 2016

BTG Pactual's Swiss unit BSI posts second-quarter $6.4 bln outflows

SAO PAULO/ZURICH, Aug 9 (Reuters) - BSI SA, a Swiss private

bank in the process of being bought by rival EFG International

AG, saw net second-quarter new money outflows of 6.3

billion Swiss francs...

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Hershey trust to discuss new appointees this week

Aug 10 (Reuters) - The board of the $12 billion charitable

trust that controls Hershey Co. will meet this week to

discuss appointing new members, a spokesman for the trust's

board said, as it embarks...

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UPDATE 4-Disney beats estimates, buys video streaming stake to lure web viewers

Aug 9 (Reuters) - Walt Disney Co's quarterly profit

and revenue on Tuesday beat analysts' estimates fueled by movie

studio hits, and the media company said it was taking a stake in

a streaming video...

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BRIEF-Shogun Capital to acquire International Cannabis Corp

* Shogun Capital Corp announces proposed acquisition of

International Cannabis Corp

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China's merger watchdog gets tough on clearance dodgers

* MOFCOM has 'named and shamed' 11 firms for not filing

deals

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BRIEF-Monotype Imaging completes acquisition of Olapic

* Olapic's founders and former executive officers will now

serve as executive officers of Monotype's Olapic subsidiary

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BRIEF-Intel says to buy Nervana Systems

* Signed definitive agreement to acquire Nervana Systems to

add to Intel's artificial intelligence portfolio

Source text : http://intel.ly/2bhcVZR

Further company coverage:

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BRIEF-Aggreko says buys DRYCO for undisclosed amount

* Acquisition will add about 6,000 specialized assets to

Aggreko`s fleet

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Ontario Steel makes bid for U.S. Steel Canada

TORONTO, Aug 9 (Reuters) - Ontario Steel Investment Ltd, a

group that includes shareholders of Essar Global, said on

Tuesday that it had submitted an offer for the purchase of U.S.

Steel Canada.

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UPDATE 1-Ontario Steel bids for U.S. Steel Canada

TORONTO, Aug 9 (Reuters) - Ontario Steel Investment Ltd, a

group that includes shareholders of Essar Global, said on

Tuesday that it had submitted an offer for the purchase of U.S.

Steel Canada,...

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Deals of the day- Mergers and acquisitions

Aug 9 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 1300 GMT on Tuesday:

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UPDATE 1-EQT to buy patient-satisfaction survey provider Press Ganey

Aug 9 (Reuters) - Press Ganey Holdings Inc, a

provider of patient satisfaction surveys to healthcare firms,

said on Tuesday it agreed to be bought by Swedish private equity

group EQT in a deal valued...

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BRIEF-Mitra energy to acquire 30% working interest in blocks 05-1b and 05-1c offshore

* Mitra to acquire 30% working interest in blocks 05-1b and

05-1c offshore the Socialist Republic of Vietnam and Macquarie

Capital Markets engaged as agent for private placement

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BRIEF-Press Ganey agrees to be acquired by EQT

* Press Ganey enters into definitive agreement to be

acquired by EQT

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BRIEF-Panasonic says acquired all outstanding shares of OpenSynergy to make it subsidiary on July 22

* Co and OpenSynergy GMBH announced that co acquired all

outstanding shares of OpenSynergy to make it a subsidiary on

July 22

Source text for Eikon:

Further company coverage:

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BRIEF-Ellomay Capital says enters agreement with Ludan Energy B.V.

* Expected overall cost of projects is approximately eur 200

million

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Monday, August 8, 2016

BRIEF-Osisko Mining announces acquisition of common shares of Barkerville gold

* Osisko mining announces acquisition of common shares of

barkerville gold

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BRIEF-Black Lion says enters LOI for acquisition of Thomson Power

* In connection with transaction, company will change its

name to "thomson power inc"

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India ride-hailing firm Ola sideswiped as Uber, Didi team up in China

* Uber to focus more on India after Didi China deal -

sources

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UPDATE 3-Scotiabank plans Taiwan exit as Asia revamp continues

* Scotiabank shares up 0.7 percent

(Adds Scotiabank comment)

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UPDATE 2-SM Energy doubles Permian Basin acreage with $980 mln buy

* Shares rise as much as 11 pct

(Recasts, adds analyst quotes)

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U.S. FTC sues 1-800 Contacts over online search advertising

WASHINGTON, Aug 8 (Reuters) - The U.S. Federal Trade

Commission said on Monday it had sued 1-800 Contacts, which it

called the largest U.S. online retailer of contact lenses,

alleging the company...

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BRIEF-Google buys cloud company Orbitera

* Has acquired Orbitera, a company that provides a commerce

platform for buying and selling software in the cloud

Source text: (http://bit.ly/2aGFzUg)

Further company coverage:

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BRIEF-A. O. Smith buys water treatment co Aquasana for $87 mln

* Aquasana 2016 sales expected to be about $44 million,

including approximately 35 percent comprised of consumable water

treatment filters

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UPDATE 1-Steinhoff springs a surprise with $3.8 billion Mattress Firm deal

* Steinhoff pays "strategic premium" for Mattress Firm -

analyst

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UPDATE 2-Brazil's JBS seeks bondholder consent for global reorganization

SAO PAULO, Aug 8 (Reuters) - Brazil's JBS SA, the world's

largest meatpacker, has begun to seek bondholders' consent for a

planned global reorganization, the company said in a securities

filing on...

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CORRECTED-BRIEF-SM Energy announces acquisition in Permian Basin

* Company said that it is increasing its estimate of total

capital spend for 2016 by approximately $15-20 million

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BRIEF-Gold Reserve executes settlement agreement with Bolivarian Republic of Venezuela

* Has executed a settlement agreement with Bolivarian

Republic of Venezuela

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UPDATE 2-Wal-Mart to buy Jet.com in bid to strengthen e-commerce offering

Aug 8 (Reuters) - Wal-Mart Stores Inc said on Monday

it would buy online retailer Jet.com for about $3 billion, the

largest-ever deal for an e-commerce startup, as it races to

build a Web business to...

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BRIEF-Marriott International updates on China's Ministry Of Commerce review

* Update on china's ministry of commerce review of Marriott

and Starwood merger

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UPDATE 1-Dealmaker Staveley eyes $2 bln opportunities in Greek bank loans

LONDON, Aug 8 (Reuters) - PCP Capital Partners, the

investment vehicle of dealmaker Amanda Staveley is looking at

acquiring a strategic stake in a Greek bank and using it as a

platform to invest up...

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BRIEF-MacDonald Mines says to continue exploration of its VMS Properties

* Macdonald Mines announces arrangement to continue

exploration of its VMS properties

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BRIEF-American Realty Capital Global Trust II to merge with Global Net Lease

Aug 8 (Reuters) - American Realty Capital Global Trust II

Inc

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BRIEF-Amplify Snack Brands to acquire Tyrrells' international portfolio of Better-for-You

* Tyrrells' current owner Investcorp And Members of Tyrrells

management team will receive approximately £278 million in cash

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BRIEF-Range Resources Corp to add new independent director to board

* Range Resources Corporation to add new independent

director to board

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RPT-Monte dei Paschi woes add up to large fees for investment banks

* Proposed cap hike to cost 250 million euros in

underwriting fees

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PRESS DIGEST - Wall Street Journal - Aug 8

Aug 8 (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.

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Sunday, August 7, 2016

Fidelity National Information's shares could climb 25% in 12 months-Barron's

Aug 7 (Reuters) - Fidelity National Information Services

Inc's stock could climb up to 25 percent in the coming

year as the U.S. financial services technology company grows its

business and pays down...

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BRIEF-Eastern Property Holdings buys 94% of CityGate complex in Stuttgart

* Announces acquisition of 94 percent of office and retail complex CityGate in Stuttgart,

Germany from Carlyle Group

Source text for Eikon:

Further company coverage:

(Gdynia Newsroom)

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UPDATE 2-Steinhoff to buy Mattress Firm for $3.8 bln including debt

NEW YORK Aug 7 (Reuters) - South African retailer Steinhoff

International Holdings NV will buy Mattress Firm

Holding Corp, the largest specialty bedding retailer in

the United States, for $3.8...

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Mattress Firm in talks with Steinhoff International -FT

Aug 7 (Reuters) - South Africa's Steinhoff International

is nearing a deal to buy Mattress Firm Holding Corp

the largest specialty bedding retailer in the U.S.

according to a report in the...

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BRIEF-Steinhoff to buy Mattress Firm for $64.00 per share

* Steinhoff International Holdings NV to acquire Mattress Firm holding Corporation for $64

per share

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UPDATE 2-Nissan in talks with Panasonic, others to sell battery operations -sources

* Nissan also in talks with Chinese, other overseas

firms-sources

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Friday, August 5, 2016

Aeropostale discusses sale to Versa Capital

NEW YORK, Aug 5 (Reuters) - Aeropostale Inc has

been negotiating a potential sale to private equity firm Versa

Capital Management LLC that would save thousands of jobs at the

bankrupt U.S. teen...

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UPDATE 1-Tesla Motors to repay $411 mln in Q3 on convertible debt

Aug 5 (Reuters) - Tesla Motors Inc said on Friday

it must repay the principle on $411 million of 2018 convertible

notes and expects to do so in the third quarter, adding to the

cash pressure on the...

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UPDATE 3-Berkshire profit up 25 percent as insurance helps, BNSF weighs

Aug 5 (Reuters) - Berkshire Hathaway Inc on Friday

said its second-quarter profit rose 25 percent, helped by

improvement in insurance underwriting, investment gains and the

purchase of Precision...

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Elliott Associates sues AbbVie over failed bid for Shire

Aug 5 (Reuters) - AbbVie Inc said hedge fund

Elliott Associates LP has sued the pharmaceuticals company

alleging that it had made misrepresentations and omissions

related to a failed attempt to buy...

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BRIEF-Molina says Aetna or Humana may pay to co fee of $50 mln, if deal is terminated on or prior to Dec 31

* In case of termination of asset purchase deal on or prior

to dec 31, , aetna,or humana to pay to co termination fee of $50

million

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