Thursday, September 22, 2016

Passing energy bills, Ukrainian MPs clear path for new EU loan

KIEV, Sept 22 (Reuters) - The Ukrainian parliament passed

two bills on Thursday aimed at prising open the domestic energy

distribution market to more competition, a reform demanded by

the European...

Read more

BRIEF-Madison Dearborn affiliate makes offer for Towergate Insurance

* Offer at: £0.01/A share, £0.74/B share in Towergate

holding co Sentry, £0.74 per ordinary share in holding co TIG

Topco,£0.00000310665/warrant

Source text for Eikon:

(Bengaluru Newsroom: +91...

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Pouyanne says Total looking to divest Italy petrol station JV with ERG

PARIS, Sept 22 (Reuters) - Total is looking at

divesting its Italian petrol station joint-venture with ERG

next year, Chief Executive Officer Patrick Pouyanne

told investors in London on Thursday.

Read more

Four buyout groups shortlisted in sale of lighting maker SLV - sources

FRANKFURT, Sept 22 (Reuters) - Buyout group Cinven

has short-listed four other private equity groups in its auction

of German residential and technical lighting products maker SLV,

people close to...

Read more

BRIEF-Cellcom Israel announces developments re Golan Telecom

* Group of investors notified company today that it is

withdrawing from its intention to purchase Golan Telecom

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-Homebuilder Lennar to buy WCI in $643 mln deal to expand in Florida

Sept 22 (Reuters) - Lennar Corp, the No. 2 U.S.

homebuilder, said it would buy WCI Communities Inc,

which makes luxury homes, in a $643 million-deal that will

combine two of the largest homebuilders...

Read more

BRIEF-Biostar Pharmaceuticals signs a letter of intent to acquire Xianyang Yongsheng Health Products Co Ltd

* Biostar Pharmaceuticals signs a letter of intent to

acquire Xianyang Yongsheng Health Products Co Ltd

Read more

U.S. homebuilder Lennar to buy WCI Communities in $643 mln deal

Sept 22 (Reuters) - Lennar Corp, the second-largest

U.S. homebuilder, said on Thursday it would buy luxury home

builder WCI Communities Inc in a deal valued at $643

million.

Read more

BRIEF-WCI Communities Announces Definitive Merger Agreement with Lennar Corp for nearly $643 Mln

* WCI Communities announces definitive merger agreement with

Lennar Corporation for approximately $643 million

Read more

PRESS DIGEST- New York Times business news - Sept 22

Sept 22 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

BRIEF-Management Consulting Group signs agreement with Accenture for sale of Kurt Salmon

* For a total gross cash consideration of approximately $165

million (equivalent to approximately £127 million) payable on

completion of sale

Read more

Wednesday, September 21, 2016

UPDATE 1-e.l.f. Beauty prices IPO at $17, above indicated $14-$16 range -source

Sept 21 (Reuters) - Budget cosmetics company e.l.f. Beauty

Inc priced its initial public offering (IPO) above

expectations on Wednesday, raising $141 million, according to a

person familiar with the...

Read more

BRIEF-Orsu Metals announces exclusive and binding heads of agreement for a proposed acquisition in Russia

* Orsu Metals Corporation announces exclusive and binding

heads of agreement for the proposed acquisition of the

Sergeevskoe Gold Project in Russia

Read more

UPDATE 1-Brazil's BR Properties mulls offering in sign of possible M&A

SAO PAULO, Sept 21 (Reuters) - BR Properties SA is analyzing

whether to raise capital through a share offering, Chief

Executive Martin Jaco said on Wednesday, a sign that the

Brazilian commercial...

Read more

U.S. wants letters showing conflict in Anthem-Cigna merger -filing

WASHINGTON, Sept 21 (Reuters) - The U.S. government, which

is suing to stop Anthem Inc's proposed purchase of

Cigna Corp, is pressing the health insurers to provide

letters in which each of them...

Read more

BRIEF-Transunion buys Rtech, a technology-driven healthcare services company

* Has acquired Rtech (Healthcare Revenue Technologies Inc),

a technology-driven healthcare services company

Source text for Eikon:

Further company coverage:

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Deals of the day- Mergers and acquisitions

Sept 21 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 2015 GMT on

Wednesday:

Read more

UPDATE 2-Canadian cattle feedlot to close, squeezing ranchers, packers

WINNIPEG, Manitoba, Sept 21 (Reuters) - One of Canada's

biggest cattle feedlots, Alberta-based Western Feedlots, said on

Wednesday it will close feeding operations after marketing the

cattle it...

Read more

BRIEF-Anthem and Cigna have accused one another of merger breach - Bloomberg

* Anthem and Cigna have accused one another of merger breach - Bloomberg

Source text - (http://bloom.bg/2cR9knM)

Further company coverage:

(Bengaluru Newsroom)

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Big gold miners see muted M&A as bullion's rise limits bargains

COLORADO SPRINGS, Colo., Sept 21 (Reuters) - The world's

biggest gold miners will stay shy of big acquisitions, top

executives said this week, noting that a jump in the price of

bullion has made...

Read more

BRIEF-Interoil shareholders approve Exxonmobil transaction

* Interoil shareholders overwhelmingly approve Exxonmobil

transaction

Read more

UPDATE 2--Supercar maker McLaren says not in discussion with Apple

LONDON, Sept 21 (Reuters) - McLaren damped down a report on Wednesday that Apple Inc had made an approach for the British Formula One team owner and supercar maker.

Read more

BRIEF-Standard Bank SA, OPIC, Wells Fargo sign sign $300 mln facility

* Standard Bank, OPIC and Wells Fargo sign $300 mln facility

to support power and infrastructure projects in Africa

Read more

BRIEF-Apple in talks with Lit Motors about a potential acquisition - NYT, citing sources

* Apple in talks with Lit Motors about a potential acquisition - NYT, citing sources

Source text - (http://nyti.ms/2cRGfXS)

Further company coverage:

(Bengaluru Newsroom)

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Ontario strikes deal with Bedrock to restructure U.S. Steel Canada

TORONTO, Sept 21 (Reuters) - The province of Ontario said on

Wednesday that it has signed an agreement with equity fund

Bedrock Industries LP to restructure U.S. Steel Canada, but the

deal still...

Read more

UPDATE 1-Mexico's America Movil eyes acquisition of Brazil rival Oi -Valor

SAO PAULO, Sept 21 (Reuters) - America Movil SAB

is interested in acquiring some or all of the operations run by

struggling Brazilian rival Oi SA, the chief executive

of the Mexican telecom giant...

Read more

UPDATE 1-TUI launches sale of Travelopia arm - sources

* Expects valuation of 10-12 times core earnings - sources

(Adds details, background)

Read more

Apple eyes British supercar maker McLaren - FT

Sept 21 (Reuters) - Apple Inc has approached

British Formula One team owner McLaren Technology Group for a

strategic investment or a potential buyout, the Financial Times

reported, citing sources.

Read more

Itau in exclusive talks for Citi's Brazil unit -report

SAO PAULO, Sept 21 (Reuters) - Brazilian lender Itau

Unibanco Holding SA has secured exclusive rights to

negotiate an acquisition of Citigroup Inc's retail banking

operation in Brazil, according to a...

Read more

BRIEF-Altius announces Allegiance Coal to acquire Telkwa Coal

* TCL has right to earn up to a 90 percent interest in

Telkwa project in exchange for staged milestone payments

Read more

BRIEF-Hometrust Bancshares And TriSummit Bancorp announce in-market combination

* Upon completion of transaction, combined company is

expected to have assets in excess of $3.0 billion.

Read more

Mexico's America Movil eyes acquisition of Brazilian rival Oi -Valor

SAO PAULO, Sept 21 (Reuters) - America Movil SAB

is interested in acquiring some or all of the operations run by

struggling Brazilian rival Oi SA, the chief executive

of the Mexican telecom giant...

Read more

Tel Aviv bourse needs quick reform or will disappear -Nasdaq official

TEL AVIV, Sept 21 (Reuters) - The Tel Aviv Stock Exchange

(TASE) must make significant changes to its structure,

regulations and image or it will run itself out of business, a

senior Nasdaq OMX...

Read more

UPDATE 1-Denmark's Nets to launch early IPO on Friday due to share demand

COPENHAGEN, Sept 21 (Reuters) - Denmark's Nets will list in

Copenhagen on Friday, four days earlier than planned, after

attracting solid interest in its shares, the card payment

services company said...

Read more

Denmark's Nets brings forward IPO after strong demand -local TV

COPENHAGEN, Sept 21 (Reuters) - Denmark-based card payment

services company Nets will list in Copenhagen on Friday, four

days earlier than planned, after solid interest in its shares,

Danish...

Read more

CEO confident Novo Banco will be sold, cites new investor interest

LISBON, Sept 21 (Reuters) - New institutional investors have

shown interest in Portugal's Novo Banco, which the state is

trying to sell to recover billions of euros in rescue loans, in

the past...

Read more

BRIEF-Cellcom israel announces developments re Golan Telecom

* In advanced stages of negotiations with third parties

regarding network sharing and hosting agreement

Read more

Tuesday, September 20, 2016

Nikkei falls before BOJ decision; banks, insurers lower

TOKYO, Sept 21 (Reuters) - Japan's Nikkei share index fell

on Wednesday morning, dragged down by selling in banking and

insurance stocks as investors braced for the outcome of the Bank

Of Japan's...

Read more

Israel defence sector faces big hit after new U.S. aid agreement

* U.S. to provide Israel $38 bln in military aid over 10

years

Read more

PRESS DIGEST- British Business - Sept. 21

Sept 21 (Reuters) - The following are the top stories on the

business pages of British newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

Read more

San Juan airport concession owner explores stake sale -sources

Sept 20 (Reuters) - One of the two investors in Puerto

Rico's largest airport is exploring selling a 50 percent stake

in a joint venture that runs it under a lease agreement with the

Caribbean...

Read more

BRIEF-Monsanto Co - Bayer not required to take any material adverse divestiture action

* Bayer not required to take any divestiture action that

would likely result in 1-year loss of net sales to Bayer, co in

excess of $1.6 billion

Read more

BRIEF-Nextera Energy says the parties to Energy Future merger agreement entered into an amendment - SEC filing

* Says on September 18, 2016, the parties to Energy Future

merger agreement entered into an amendment - SEC filing

Read more

Software company BlackLine prepares for IPO -sources

Sept 20 (Reuters) - Accounting software maker BlackLine Inc

is preparing for an initial public offering that could value it

at more than $1 billion, including debt, people familiar with

the matter...

Read more

Allergan buys second fatty liver-disease company

Sept 20 (Reuters) - Allergan Inc on Tuesday said it

had paid $50 million for Akarna Therapeutics Ltd, a privately

held company developing treatments for a incurable fatty liver

disease called NASH.

Read more

BRIEF-Retail properties of America agrees to purchase One Loudoun Downtown

* Retail properties of America, Inc announces agreement to

purchase one loudoun downtown in the Washington, D.C. MSA

Read more

VW's Audi head questioned over emissions scandal

HANOVER, Germany, Sept 20 (Reuters) - The head of

Volkswagen's luxury car division Audi has been

questioned by investigators looking into the company's emissions

scandal, VW Chief Executive Matthias...

Read more

UPDATE 1-Property valuers drop Brexit clauses from most contracts as markets steady

Sept 20 (Reuters) - Five big property services firms are

dropping Brexit uncertainty clauses from their valuation reports

for most UK assets as market conditions steady after a sharp

drop immediately...

Read more

UPDATE 1-Altice's SFR buyout offer delayed by at least two weeks -source

PARIS, Sept 20 (Reuters) - Altice's all-share

buyout offer for SFR shares it does not already own

will be postponed by at least two weeks because of a delay in

regulatory approvals, a source close to...

Read more

UPDATE 1-China's OK clears last hurdle for Marriott's deal to buy Starwood

Sept 20 (Reuters) - Chinese antitrust regulators approved

Marriott International Inc's deal to buy Starwood Hotels

& Resorts Worldwide Inc, clearing the way for the

combined company to become the...

Read more

Tough farm conditions right time for Potash merger -Agrium CEO

Sept 20 (Reuters) - Plunging crop and fertilizer prices may

not have hit rock bottom yet, and the market's weakness makes it

the right time to merge leading farm input suppliers, the chief

executive...

Read more

UPDATE 2-Tech licensing firm Tessera to buy DTS to grow in audio market

* DTS shares up nearly 23 pct, Tessera up 2.4 pct

(Adds details from conference call, details on companies, share

movement)

Read more

NEWSMAKER-Breaking the mould: GSK picks Big Pharma's first female CEO

LONDON, Sept 20 (Reuters) - Emma Walmsley, GlaxoSmithKline's

incoming CEO, breaks the mould as the first woman to

lead a top global drugmaker and stands out among Big Pharma

bosses as a consumer...

Read more

Accenture breaks blockchain taboo with editing system

LONDON, Sept 20 (Reuters) - Accenture is challenging a

defining feature of blockchain, its immutability, by patenting a

system that will allow data processed and stored using the

technology to be...

Read more

BRIEF-Potash Corp, Agrium merger could accelerate retail expansion

Sept 20 (Reuters) - Potash Corp, Agrium CEOs, speaking at

Scotiabank investor conference in Toronto:

Read more

BRIEF-Sonoco Thermosafe acquires Laminar Medica Group

* Sonoco Thermosafe acquired assets and operations of

Laminar Medica in United Kingdom and Czech Republic, from

Clinimed Ltd

Read more

BRIEF-Marriott's acquisition of Starwood receives antitrust approval in China

* Marriott's acquisition of Starwood receives antitrust

approval in China

Read more

BRIEF-Geo-Jade Petroleum to acquire stake in investment firm that owns Canada's Bankers Petroleum

* Says it revises asset acquisition plan, to acquire 96.7

percent stake in energy investment firm which owns Bankers

Petroleum Ltd for about 3.36 billion yuan ($503.76 million)

Read more

BRIEF-China's Dare Group acquires German car parts maker Carcoustics

* says Dare Group acquires Carcoustics from AlpInvest

Partners

Read more

Deals of the day- Mergers and acquisitions

Sept 20 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Tuesday:

Read more

UPDATE 1-Renault, Nissan buy French tech firm to develop mobility apps

PARIS/TOKYO, Sept 20 (Reuters) - Renault SA and

Nissan Motor Co announced on Tuesday they would buy

French software development company Sylpheo as they compete with

global automakers and tech firms...

Read more

UPDATE 1-Lufthansa Technik, MTU Aero Engines eye joint maintenance company

Sept 20 (Reuters) - Lufthansa's maintenance unit

and MTU Aero Engines AG are looking into the

possibility of setting up a joint company to provide

maintenance, repair and overhaul of aircraft engines:

Read more

BRIEF-Twilio to acquire Kurento WebRTC media server technology

* Proposed acquisition not expected to have material impact

on Twilio's results of operations or financial condition for FY

2016

Source text for Eikon:

Further company coverage:

Read more

CORRECTED-UPDATE 2-GlaxoSmithKline names insider Emma Walmsley as new CEO

LONDON, Sept 20 (Reuters) - GlaxoSmithKline said on

Tuesday it had chosen its head of consumer healthcare, Emma

Walmsley, as its new chief executive, after considering internal

and external...

Read more

Monday, September 19, 2016

Bayer ups sales targets for top-selling drugs after Monsanto deal

FRANKFURT, Sept 20 (Reuters) - German drugmaker Bayer

said its two best-selling drugs had a higher annual

peak sales potential than previously targeted, after the agreed

$66 billion takeover of...

Read more

UPDATE 2-Grab raises $750 mln to take on Uber in Southeast Asia

* Grab now valued at over $3 bln - source

(Adds analyst comment, Uber context)

Read more

Three private equity firms bid for GE's Hyundai Card stake - Invest Chosun

SEOUL, Sept 20 (Reuters) - Three private equity firms are

bidding for General Electric's 43 percent stake in its

South Korean credit card joint venture, Hyundai Card, in a deal

that may be worth more...

Read more

CJ Group pulls out of race for McDonald's S.Korea operations

SEOUL, Sept 20 (Reuters) - South Korean

food-to-entertainment conglomerate CJ Group on

Tuesday said it did not enter the latest round of bidding for

McDonald's Corp's South Korean operations.

Read more

BRIEF-SunPower acquires AUO's stake in Malaysian joint venture

* Under stock purchase agreement, SunPower will pay AUO $170

million over next four years

Read more

Britain's May says will get the right trade deal with EU

NEW YORK, Sept 19 (Reuters) - Britain will get "the right

deal in terms of trade" with the European Union, Prime Minister

Theresa May told a group of U.S. business and finance leaders on

Monday, in a...

Read more

BRIEF-Nobel REIT announces sale of an investment property

* Nobel REIT announces the sale of an investment property

and the September distribution

Read more

BRIEF-Analog Devices says resubmitted its Hart-Scott-Rodino Act filing on Sept. 19 -SEC Filing

* On Sept 15, voluntarily withdrew filing under

Hart-Scott-Rodino Antitrust Act relating to proposed acquisition

of Linear Technology - SEC Filing

Read more

UPDATE 1-Wal-Mart completes the acquisition of Jet.com

CHICAGO, Sept 19 (Reuters) - Wal-Mart Stores Inc on

Monday said it has completed the acquisition of internet

retailer Jet.com after agreeing to pay about $3 billion for the

e-commerce startup last...

Read more

UPDATE 3-S&P says PDVSA bond swap offer 'tantamount to default'

CARACAS, Sept 19 (Reuters) - Credit ratings agency Standard

& Poors on Monday said Venezuelan state oil company PDVSA's

proposed bond swap was a "distressed exchange" that would be

"tantamount to...

Read more

BRIEF-Antler Hill and Petrophoenix intend to complete a three cornered amalgamation

* Says Antler Hill and Petrophoenix intend to complete a

three cornered amalgamation

Read more

Wal-Mart completes the acquisition of Jet.com

CHICAGO, Sept 19 (Reuters) - Wal-Mart Stores Inc on

Monday said it has completed the acquisition of internet

retailer Jet.com after agreeing to pay about $3 billion for the

e-commerce startup last...

Read more

BRIEF-Nascent Objects says it will join Facebook's Building 8

* Nascent Objects, the modular consumer electronics platform operator, says it will join

Facebook's Building 8

Source text - (http://bit.ly/2d2Nuvp)

Further company coverage:

(Bengaluru Newsroom)

Read more

UPDATE 1-Ukraine reverses Naftogaz move after creditor criticism

KIEV, Sept 19 (Reuters) - Ukraine on Monday cancelled a

decision to transfer control of the gas transport arm of state

energy firm Naftogaz to the economy ministry after a warning

from international...

Read more

UPDATE 2-Britain's May to meet Goldman, Amazon, IBM to discuss post-Brexit investment

* May says she will get the right deal for Britain

(Adds May comment, details on Brexit negotiations)

Read more

RPT-UPDATE 1-Britain's May to meet Goldman, Amazon, IBM to discuss post-Brexit investment

NEW YORK, Sept 19 (Reuters) - British Prime Minister Theresa

May will meet business chiefs from firms including Goldman Sachs

, IBM and Amazon on Monday in an attempt

to reassure investors after her...

Read more

BRIEF-Bank of Montreal - Merger of BMO Global Monthly Income Fund into BMO Global Diversified Fund will not proceed

* Says merger of BMO Global Monthly Income Fund into BMO

Global Diversified Fund will not proceed

Read more

CORRECTED-UPDATE 1-Tesla says lawsuits could delay SolarCity deal

Sept 19 (Reuters) - Elon Musk-led Tesla Motor Inc

said on Monday its proposed acquisition of SolarCity Corp

could be delayed due to shareholder lawsuits

challenging the deal.

Read more

BRIEF-Norsat announces receipt of indications of interest

* Privet fund management llp is one such party that has

offered to acquire co for cash consideration of us$8.00 per

share

Read more

BRIEF-Condor Hospitality Trust announces sale of non-core legacy hotel for $2.3 mln

* Condor Hospitality Trust announces sale of non-core legacy

hotel

Read more

BRIEF-UniFirst says bought Arrow Uniform

* UniFirst expects deal to be dilutive to earnings in fy

2017

Read more

UPDATE 1-SunEdison's yieldcos exploring strategic options, including sale

Sept 19 (Reuters) - TerraForm Global Inc and

TerraForm Power Inc, the "yieldcos" of bankrupt solar

company SunEdison Inc, said on Monday they were exploring

strategic alternatives, including a sale...

Read more

Tesla says lawsuits could delay SolarCity deal

Sept 19 (Reuters) - Elon Musk-led Tesla Motor Inc

said on Monday its proposed acquisition of SolarCity Corp

could be delayed due to shareholder lawsuits

challenging the deal.

Read more

SunEdison's two yieldcos exploring strategic options, including sale

Sept 19 (Reuters) - TerraForm Global Inc and

TerraForm Power Inc, the "yieldcos" of bankrupt solar

company SunEdion Inc, said on Monday that they were exploring

strategic alternatives, including a...

Read more

PRESS DIGEST-Canada - Sept 19

Sept 19 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

Avnet to sell IT business to Tech Data for $2.6 bln

Sept 19 (Reuters) - U.S. electrical components distributor

Avnet Inc said it would sell its IT business to

technology products distributor Tech Data Corp for

about $2.6 billion.

Read more

BRIEF-Tech Data Corp to acquire Technology Solutions Business from Avnet for $2.6 Bln

* Tech Data Corporation to acquire Technology Solutions

Business from Avnet for $2.6 billion

Read more

RPT-Bayer in $66 bln bet that farmers will back linked-up supplies

FRANKFURT, Sept 16 (Reuters) - Bayer's $66

billion purchase of Monsanto amounts to a long-term bet

that farmers will grow to trust combinations of seeds and

pesticides rather than continue to pick...

Read more

Sunday, September 18, 2016

IFR Capital Markets Week Ahead - September 19, 2016

LONDON, Sept 19 (IFR) - Welcome to the IFR Capital Markets

Week Ahead - a new weekly email newsletter from Thomson Reuters

IFR.

TAKING A HIKE

Corporate bond markets are expected to take a breather,...

Read more

BRIEF-Smulyan delivers letter to committee of disinterested directors of Emmis Communications

* On Sept 16, delivered letter to committee of disinterested

directors of Emmis Communications extending deadline for

responding to proposal until Sept 30

Source text - http://bit.ly/2cx0KtF

Further...

Read more

Friday, September 16, 2016

BRIEF-Community Health System said to be exploring options, including a sale - CNBC, citing a report

* Community Health System shares surge 15 pct on report that says the company is said to be

exploring options, including a sale - CNBC

Further company coverage:

(Bengaluru Newsroom)

Read more

Brazil's Cemig in talks with potential buyers of Light stake

SAO PAULO, Sept 16 (Reuters) - Cia Energética de Minas

Gerais SA, Brazil's No. 3 power utility, is currently in

advanced talks with potential partners with which it would share

control of electricity...

Read more

REFILE- Spiked M&A deals set for record as regulators increase scrutiny

NEW YORK, Sept 16 (IFR) - Bayer will be hoping that its

US$66bn purchase of Monsanto won't succumb to the same failure

that has tripped up many other mergers and acquisitions this

year, as regulators...

Read more

BRIEF-Burgh Group and Vitol to acquire Optimum Coal Terminal from Tegeta Group

* Consortium consisting of burgh group and co agreed to

acquire Optimum Coal Terminal Pty Ltd from The Tegeta Group for

an undisclosed sum.

Read more

Deals of the day-Mergers and acquisitions

Sept 16 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1330 GMT on Friday:

Read more

Canada's CPPIB to buy Ascot, AIG'S Lloyd's of London platform

Sept 16 (Reuters) - The Canada Pension Plan Investment Board

said it would buy Ascot, American International Group's

Lloyd's of London platform, in a deal valued at about $1.1

billion, as it pushes...

Read more

BRIEF-Waste Management acquires Wisconsin recycling assets from Pioneer Industries

* Waste Management acquires Wisconsin recycling assets from

Pioneer Industries

Read more

UPDATE 1-Foreign investment in Canadian securities continues to slow

OTTAWA, Sept 16 (Reuters) - Foreign investment in Canadian

securities slowed in July for the fourth straight month, largely

because purchases of stocks collapsed from the 12-year highs

seen in June,...

Read more

BRIEF-Coca Cola HBC Lithuania unit to sell 50 pct Neptunas stake to Coca-Cola Co

* CCHBC Lithuania has entered into a binding agreement for

sale of 50 pct of Neptunas' share capital to Coca-Cola Company

Read more

Financial regulator investigates timing of Linde announcements

FRANKFURT, Sept 16 (Reuters) - Germany's financial markets

regulator BaFin on Friday said it had launched a routine

investigation into whether industrial gases supplier Linde

held back information...

Read more

BRIEF-Avast Software extends its tender offer for AVG

* Extended its previously announced tender offer to purchase

all of outstanding ordinary shares of AVG Technologies N.V. for

$25

Read more

Indonesia's Medco close to buying Conoco's stake in Natuna oil, gas block -sources

JAKARTA, Sept 16 (Reuters) - Indonesia's PT Medco Energi Tbk

is close to acquiring ConocoPhillips' entire

40 percent interest in an oil and gas production sharing block

that the U.S. firm operates...

Read more

UPDATE 2-UK Stocks-Factors to watch on Sept 16

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

about 6 points, or as much as 0.09 percent, on Friday, according to financial

bookmakers, with futures down 0.1 percent ahead of the...

Read more

ECB's Villeroy sees cross-border bank mergers after regulations settle

PARIS, Sept 16 (Reuters) - Europe's banking sector will be

ripe for consolidation once international bank regulations

currently being thrashed out are finalised, ECB governing

council member Francois...

Read more

BRIEF-Avnet updates financing arrangements on Premier Farnell deal

* Term loan credit agreement provides for a single borrowing

by borrowers of up to 500 mln euros

Read more

Thursday, September 15, 2016

PRESS DIGEST - Wall Street Journal - Sept 16

Sept 16 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

PRESS DIGEST- British Business - Sept 16

Sept 16 - 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

BRIEF-Solidusgold to acquire Northumberland project from Newmont for US$20 million

* Solidusgold to acquire Northumberland Project from Newmont

for US$20 million

Read more

BRIEF-XL Catlin to acquire leading Australian specialty insurance underwriting agency Brooklyn

* XL Catlin to acquire leading Australian specialty

insurance underwriting agency Brooklyn

Read more

UPDATE 1-Jefferies launches new technology group, six bankers start work

SAN FRANCISCO, Sept 15 (Reuters) - Jefferies Group LLC has

officially launched its expanded technology investment banking

practice, with six new managing directors starting their new

roles in San...

Read more

BRIEF-Noble Energy, Marathon Oil weighing bids for Silver Hill Energy Partners - Bloomberg, citing source

* Noble Energy, Marathon Oil weighing bids for Silver Hill

Energy Partners, that could fetch more than $2 Billion in a sale

- Bloomberg, citing source

Read more

BRIEF-WWE Real Estate acquires a building in Stamford

* WWE Real Estate entered into a note and mortgage

assumption agreement, dated as of September 13, 2016

Read more

Jefferies launches new technology group, six bankers start work

SAN FRANCISCO, Sept 15 (Reuters) - Jefferies Group LLC has

officially launched its expanded technology investment banking

practice, with six new managing directors starting their new

roles in San...

Read more

BRIEF-New York Times sets regular quarterly dividend of $0.04 per share

Sept 15 (Reuters) - New York Times Co :

Source text for Eikon:

Further company coverage:

Read more

UPDATE 3-Britain's Informa to boost U.S. presence with Penton deal

* Informa to buy Penton from private equity firms

(Adds investment returns for owners, stock price, paragraphs

11, 13-15)

Read more

Silicon Valley 3D printing startup gets $81 million in new funding

REDWOOD CITY, Calif., Sept 15 (Reuters) - Carbon, a Silicon

Valley startup that is developing 3D printers to produce medical

devices and car parts on demand, said on Thursday it had closed

on $81...

Read more

Venezuela's PDVSA bonds mostly down, market awaits swap offer details

CARACAS, Sept 15 (Reuters) - Venezuelan state oil company

PDVSA's bonds were mostly down on Thursday as

investors puzzled over the lack of details of a $7 billion debt

swap proposal that could offer...

Read more

UPDATE 1-CBS CEO Moonves says 'no active discussions' with Viacom

Sept 15 (Reuters) - CBS Corp is not in "active

discussions," about recombining with Viacom Inc, CBS

Chief Executive Leslie Moonves said on Thursday.

Read more

UPDATE 1-IVG Immobilien prepares OfficeFirst for Frankfurt IPO

FRANKFURT, Sept 15 (Reuters) - Real estate company IVG will

list its core activities after negotiations about a sale of its

office portfolio to private equity firm Blackstone

collapsed, two sources...

Read more

IVG Immobilien prepares OfficeFirst for Frankfurt IPO

FRANKFURT, Sept 15 (Reuters) - Real estate company IVG will

list its core activities after negotiations about a sale of its

office portfolio to private equity firm Blackstone

collapsed, two sources...

Read more

UPDATE 1-Wal-Mart Canada to extend Visa ban to more stores from Oct. 24

Sept 15 (Reuters) - Wal-Mart Canada will stop accepting Visa

Inc cards at its 16 stores in the province of Manitoba

starting Oct. 24, a company spokesman said on Wednesday, raising

the stakes in a...

Read more

Lundin gets second bid extension on Freeport Congo mine stake

TORONTO, Sept 15 (Reuters) - Canadian base metals miner

Lundin Mining Corp has won a two week extension until

Sept. 29 to bid on Freeport-McMoRan Inc's stake in the

Tenke Fungurume copper and cobalt...

Read more

BRIEF-Range Resources says Memorial Resource Development deal gets required stockholder approvals

* Range merger with Memorial Resource Development Corp

receives all required stockholder approvals

Read more

Farmers must have choice post Bayer-Monsanto merger - EU's Vestager

PARIS, Sept 15 (Reuters) - European Union anti-trust chief

Margrethe Vestager said on Thursday that farmers must continue

to have a choice when buying seeds and pesticides after the

merger between...

Read more

Deals of the day- Mergers and acquisitions

Sept 15 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1400 GMT on

Thursday:

Read more

Blockchain firm Ripple raises $55 mln, investors include StanChart

LONDON, Sept 15 (Reuters) - Ripple, a U.S. start-up which

uses the blockchain technology that underpins digital currency

bitcoin to help banks speed up their dealings with one another,

has raised a...

Read more

TD sells home improvement financing assets

TORONTO, Sept 15 (Reuters) - Toronto Dominion Bank

has sold home improvement financing assets to financial

technology company Financeit and Concentra, a provider of

services to credit unions, the...

Read more

Foreign nuclear investment is a vote of confidence in Britain - minister

LONDON, Sept 15 (Reuters) - Foreign investment in Britain's

Hinkley Point nuclear project, which was approved by the

government on Thursday, is a vote of confidence in the country,

business minister...

Read more

Raiffeisen pursues Swiss tie-up talks with DZ Bank for Notenstein

ZURICH, Sept 15 (Reuters) - Swiss private bank Notenstein

and the Swiss unit of Germany's DZ Bank are in talks over a

"stronger collaboration", Notenstein's parent company,

cooperative lender...

Read more

Walmart Canada to extend Visa ban to more stores from Oct. 24

Sept 15 (Reuters) - Walmart Canada will stop accepting Visa

Inc cards at its 16 stores in the province of Manitoba

starting on Oct. 24, a spokesman said on Wednesday, raising the

stakes in a...

Read more

PRESS DIGEST-Canada - Sept. 15

Sept 15 (Reuters) - The following are the top stories from

selected Canadian newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

EDF says UK go-ahead to Hinkley Point marks Europe nuclear relaunch

PARIS, Sept 15 (Reuters) - French utility EDF welcomed the

British government's decision to go ahead with plans to build a

$24 billion nuclear plant in southern England, which it said

came after the...

Read more

Chinese investor to submit UK nuclear reactor design soon-source

LONDON, Sept 15 (Reuters) - China General Nuclear Power Corp

(CGN) will submit a design proposal for a nuclear reactor it

wants to build at Bradwell to British authorities "pretty soon",

a source...

Read more

UPDATE 2-Britain approves nuclear plant, easing Chinese, French ties

LONDON, Sept 15 (Reuters) - Britain gave the go ahead on

Thursday for a $24 billion nuclear power plant, ending weeks of

uncertainty that strained ties with China and France and put a

question mark...

Read more

Paperboard firm Powerflute says to be bought for $354 mln

HELSINKI, Sept 15 (Reuters) - Finnish paperboard company

Powerflute Oyj recommended cash offer from private

equity firm Madison Dearborn Partners LLC for 268 million pounds

($354 million), it said on...

Read more

UPDATE 1-Standard Industries eyes $2.1 bln offer to buy Braas Monier

* Braas has already rejected Standard Industries' offer

(Adds valuation including debt, details on funding,

shareholders)

Read more

Britain approves part-Chinese funded nuclear plant, sets new conditions

LONDON, Sept 15 (Reuters) - British Prime Minister Theresa

May gave the go ahead for French firm EDF to build a

new nuclear power plant in England with the help of Chinese

funding on Thursday, ending...

Read more

BRIEF-Accenture intends to acquire Octo Technology

* Accenture announces intention to acquire Octo Technology SA to expand digital

capabilities in France

Read more

UPDATE 1-UK Stocks-Factors to watch on Sept. 15

Sept 15 (Reuters) - Britain's FTSE 100 index is seen opening down 13

to 15 points, or 0.2 percent lower, on Thursday, according to financial

bookmakers, with futures down 0.3 percent ahead of the...

Read more

Wednesday, September 14, 2016

UK Stocks-Factors to watch on Sept. 15

Sept 15 (Reuters) - Britain's FTSE 100 index is seen opening down 13

to 15 points, or 0.2 percent lower, on Thursday, according to financial

bookmakers.



* The UK blue chip index closed 0.12...

Read more

UPDATE 1-McDonald's gets final bids for N.Asia outlets -sources

* Final bids were due on Wednesday for Hong Kong, China

assets

Read more

PRESS DIGEST- Financial Times - Sept 15

Sept 14 (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

UPDATE 1-Caesars directors must 'pony up' details of wealth -judge

CHICAGO, Sept 14 (Reuters) - Billionaire investors Marc

Rowan and David Bonderman are among Caesars Entertainment Corp

directors who must disclose details of their wealth to

creditors of the casino...

Read more

BRIEF-Four Corners reports acquisition of four KFC restaurants for $3.9 million

* Four Corners Property Trust announces acquisition of four

Kentucky Fried Chicken restaurants for $3.9 million

Read more

SAFT ON WEALTH-Boards should put money where their mouths are in hostile offers: James Saft

Sept 14 (Reuters) - It may be time for corporate boards

which reject takeover offers to get more skin in the game.

Read more

BRIEF-Fitch places Monsanto Co's ratings on negative watch

* Negative watch reflects potential downgrade of Bayer's IDR

to below 'A-' as a result of merger with Monsanto

Source text for Eikon:

Read more

Deals of the day-Mergers and acquisitions

Sept 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 2000 GMT on

Wednesday:

Read more

Caesars directors must 'pony up' details of wealth -judge

CHICAGO, Sept 14 (Reuters) - Billionaire investors Marc

Rowan and David Bonderman are among Caesars Entertainment Corp

directors who must disclose details of their wealth to

creditors of the casino...

Read more

BRIEF-GE Digital acquires Meridium Inc

* GE Digital acquires Meridium Inc to accelerate delivery of

comprehensive asset performance management offering for

customers

Read more

MOVES-Technology veteran Dave Johnson joins Israeli venture capital fund

Sept 14 (Reuters) - Veteran technology dealmaker David

Johnson has joined Glilot Capital Partners, which specializes in

enterprise software and cyber security technology, the Israeli

venture capital...

Read more

America Movil CFO denies reports of plan to delist Telekom Austria

VIENNA, Sept 14 (Reuters) - America Movil CFO

Garcia Moreno denied a media report that the company was

planning to delist its subsidiary Telekom Austria from

the Vienna stock exchange, APA news...

Read more

EU mergers and takeovers (Sept 14)

BRUSSELS, Sept 14 (Reuters) - The following are mergers

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

EU merger process:

Read more

Santander Rio denies it bought Citi's Argentina retail operations

BUENOS AIRES, Sept 14 (Reuters) - Banco Santander Rio

on Wednesday denied newspaper reports that it had

purchased Citigroup's retail operations in Argentina,

according to a letter from Santander to...

Read more

Bayer investor Royal London backs agreed $128/share Monsanto offer

LONDON, Sept 14 (Reuters) - Bayer investor Royal

London Asset Management said on Wednesday it backed the agreed

deal for U.S. rival Monsanto, calling it "a great deal

for Bayer shareholders".

Read more

Safran seen picking Morpho buyer by end of September

PARIS, Sept 14 (Reuters) - France's Safran could

make a decision on the potential sale of its Morpho biometrics

and security business for more than 2 billion euros by the end

of September, a person...

Read more

Vimpelcom, CK Hutchison can invoke buy-sell option on Italy JV after 3 yrs

MILAN, Sept 14 (Reuters) - Vimpelcom and CK

Hutchison Holdings Ltd can invoke a buy-sell option on

the stakes they hold in the joint venture that merges their

Italian units from three years after the...

Read more

Venezuela's PDVSA bonds rise after swap proposal

CARACAS, Sept 14 (Reuters) - Venezuelan state oil company

PDVSA's bonds rose on Wednesday following a $7 billion debt swap

proposal that could offer financial relief for the cash-strapped

company...

Read more

BRIEF-Wells Fargo announces sale of its fund administration business

* Wells Fargo announces sale of its fund administration

business

Read more

RPT-UPDATE 3-Bayer clinches Monsanto with improved $66 billion bid

* Bayer says expects deal to close by end-2017

(Repeats to fix formatting. No change to text)

Read more

BRIEF-Avis Budget Group agrees to acquire France Cars

* Acquisition does not affect Avis Budget Group's previously

announced intention to repurchase $350 million to $400 million

of its stock in 2016

Read more

BRIEF-Vitae Pharmaceuticals to pay $19.2 mln fee if deal terminated

* Under specified circumstances Vitae may be required to pay

Allergan Holdco US, Inc a termination fee of $19.2 million -

SEC filing

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

Further company coverage:

Read more

BRIEF-National Storage Affiliates Trust to acquire iStorage Portfolio

* National Storage Affiliates Trust announces formation of

$630 million joint venture to acquire iStorage Portfolio

Read more

UPDATE 3-Bayer clinches Monsanto with improved $66 billion bid

* Bayer says expects deal to close by end-2017

(Adds confirmation, analyst, details, updates shares)

Read more

BRIEF-AEP to sell four power plants to Blackstone, Arclight JV

* AEP to sell four competitive power plants to Blackstone

and Arclight joint venture

Read more

BRIEF-Patterson-UTI Energy announces agreement to acquire Drilling Technology Company

* UTI Energy announces agreement to acquire Drilling

Technology Company

Read more

BRIEF-Kennedy Wilson Fund acquires Bellevue's LIV Bel-Red for $172 mln

* acquires 451 Unit multifamily community in Bellevue, WA

for $172m

Read more

UPDATE 1-Bayer signs deal worth close to $66 bln to buy Monsanto - source

* Bayer shares up 3 pct

(Adds calculation of overall deal size, comparison to past

deals, future market share)

Read more

BRIEF-Standard Industries confirms has approached Braas Monier

* Says confirms has informally approached the management of

Braas Monier

Read more

UPDATE 1-Swiss Alzheimer's biotech AC Immune eyes $700 mln IPO valuation

Sept 14 (Reuters) - AC Immune, the Swiss biotech company

working on treatments for Alzheimer's disease, has set the

pricing band for its keenly awaited U.S. initial public

offering, valuing the firm...

Read more

UPDATE 1-Kazakhstan says awaiting answers from oil firms in Karachaganak dispute

ASTANA, Sept 14 (Reuters) - Kazakhstan's government and

energy companies developing the Karachaganak gas condensate

field are still in talks about the Central Asian nation's

financial claim against...

Read more

German stocks - Factors to watch on September 14

FRANKFURT, Sept 14 (Reuters) - The DAX top-30 index

looked set to open 0.4 percent higher on Wednesday, according to

premarket data from brokerage Lang & Schwarz at 0648 GMT.

Read more

Linde chairman says no new talks with Praxair "for now" -Handelsblatt

FRANKFURT, Sept 14 (Reuters) - The chairman of German

industrial gases group Linde said U.S. rival Praxair

would still be the best partner for it but he did not

foresee that merger talks would...

Read more

Tuesday, September 13, 2016

UK Stocks-Factors to watch on Sept. 14

Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening up 23

to 25 points on Wednesday, or 0.3-0.4 percent, according to financial

bookmakers.



* The UK blue chip index closed down 0.5...

Read more

UPDATE 1-UK Stocks-Factors to watch on Sept. 14

Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening up 23

to 25 points on Wednesday, or 0.3-0.4 percent, according to financial

bookmakers, with futures up 0.3 percent ahead of the cash...

Read more

PRESS DIGEST- British Business - Sept 14

Sept 14 - The following are the top stories on the business

pages of British newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

BRIEF-China Resources Beer Holdings Co considering bid for SABMiller PLC's central and eastern european assets, valued at about $6 bln- Bloomberg

* China Resources Beer Holdings Co considering a bid for

SABMiller PLC's central and eastern european assets, valued at

about $6 bln- Bloomberg

Read more

UPDATE 1-Pharol, Société Mondiale end dispute over Brazil's Oi, sources say

SAO PAULO, Sept 13 (Reuters) - The top two shareholders in

Oi SA have agreed to end their dispute over the future of

Brazil's largest fixed-line carrier, which is mired in a

protracted bankruptcy...

Read more

PRESS DIGEST- Financial Times - Sept 14

Sept 13 (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

BRIEF-Moody's says Freeport's sale of its GOM oil & gas properties is credit positive

Sept 13 (Reuters) - Freeport-McMoRan Inc :

Source text for Eikon:

Further company coverage:

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BRIEF-Venaxis reports acquisition of Bioptix

* Acquired as of Sept 12, approximately 98% of voting

shares of Bioptix for about 14% of Venaxis post-deal outstanding

common shares

Source text for Eikon:

Further company coverage:

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BRIEF-Blackstone's Schwarzman sees opportunities in U.S. real estate - CNBC

* Blackstone's Schwarzman says technology revolution and

disruption destroys more jobs than it creates -CNBC

Read more

Canadian energy asset sales seen picking up in coming months

TORONTO, Sept 13 (Reuters) - Canadian energy companies will

likely sell more exploration and production assets in the next

several months, driven by weaker producers shoring up their

balance sheets...

Read more

KKR, Goldman to take control of British oil group Expro - Sky News

Sept 13 (Reuters) - British oilfield services group Expro

International Group Ltd will be controlled by four lenders,

including KKR & Co LP and Goldman Sachs Group Inc

, as part of a financial...

Read more

U.S. judge denies Vivint request to advance SunEdison litigation

Sept 13 (Reuters) - A U.S. bankruptcy court judge on Tuesday

denied Vivint Solar Inc's request to advance its

lawsuit against bankrupt renewable energy developer SunEdison

Inc stemming from a failed...

Read more

BRIEF-Maxim Power Corp enters agreement to sell Comax France S.A.S.

* Maxim Power Corp enters agreement to sell Comax France

S.A.S.

Read more

B&G Foods in bid to buy Mazola cooking oil maker -sources

Sept 13 (Reuters) - Snack foods company B&G Foods Inc

is in talks to acquire ACH Food Companies Inc, the

producer of Mazola cooking oil, from food supplier and retailer

Associated British Foods Plc,...

Read more

Investors reluctant to back Monte Paschi's cash call

LONDON, Sept 13 (Reuters) - Investors are reluctant to back

Monte dei Paschi di Siena's bid to raise billions of

euros, leading fund managers and a source with knowledge of the

matter told Reuters,...

Read more

UPDATE 1-Linde CEO, CFO leave after Praxair talks collapse

* Linde shares up more than 5 percent

(Adds share price, details)

Read more

UPDATE 1-TD Bank to buy U.S. broker-dealer Albert Fried

TORONTO, Sept 13 (Reuters) - Canadian lender

Toronto-Dominion Bank's capital markets division said on

Tuesday it plans to acquire Albert Fried & Co, a New York-based

broker-dealer, to expand its...

Read more

Linde CEO to step down after Praxair deal falls through

BERLIN, Sept 13 (Reuters) - The chief executive of Linde

will not stay on when his contract expires next year,

the industrial gases company said on Tuesday, joining the chief

financial officer in...

Read more

New money weakens returns, set to drive insurance M&A

MONACO, Sept 13 (Reuters) - Insurance executives meeting in

Monaco are preparing for another wave of mergers and

acquisitions, driven by competition and new money entering the

market and driving down...

Read more

Toronto Dominion Bank to buy U.S. broker-dealer Albert Fried

TORONTO, Sept 13 (Reuters) - Toronto-Dominion Bank's

capital markets division said on Tuesday it plans to acquire

Albert Fried & Co, a New York-based broker-dealer, to expand its

presence in the...

Read more

Israeli cloud-based network security firm Cato raises $30 mln

JERUSALEM, Sept 13 (Reuters) - Cato Networks, an Israeli

provider of cloud-based network security, said on Tuesday it

raised $30 million in a funding round led by Greylock Partners.

Read more

BRIEF-XO Group announced acquisition of How he asked

* Stacy Stahl will join XO Group and continue to run

howheasked.com and its social media handles

Source text for Eikon:

Further company coverage:

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BRIEF-Turquoise Capital enters into definitive agreement for qualifying transaction with Five Star Diamonds

* Turquoise Capital Corp. enters into definitive agreement

for qualifying transaction with Five Star Diamonds Ltd.

Read more

BRIEF-Xfuels subsidiary signs LOI to merge Hydration Company of PA, LLC

* Xfuels Inc subsidiary signs LOI to merge Hydration Company

of PA, LLC

Source text for Eikon:

Further company coverage:

Read more

BRIEF-NV5 Global Inc says it has acquired Weir Environmental, L.L.C.

* NV5 Global Inc says it has acquired Weir Environmental,

L.L.C.

Read more

Deals of the day- Mergers and acquisitions

Sept 13 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1045 GMT on Tuesday:

Read more

UPDATE 2-Nets' IPO pricing values Danish payments business at up to $4.8 bln

* Operates in increasingly competitive mobile payments

sector

Read more

RPT-INSIGHT-Brexit chills M&A activity despite some big deals, data shows

LONDON, Sept 13 (Reuters) - Britain's shock vote to leave

the European Union chilled dealmaking activity involving British

companies to the lowest level in at least two decades as bosses

grapple with...

Read more

UPDATE 1-U.S. hedge fund Elliot Management ups Arcam stake, share rises

* U.S. hedge fund Elliot Management has raised its stake in

Swedish 3D printer maker Arcam to 6.6 percent of

shares and votes, through its investment vehicle Elliot Capital

Advisors, L.P., a filing...

Read more

TABLE-British M&A chilled since Brexit, data shows

LONDON, Sept 13 (Reuters) - The following table shows M&A

data for the UK since the June 23 EU referendum. The data was

compiled by Thomson Reuters.

For a story on the data, click on



UK...

Read more

RPT-UPDATE 1-Former Dutch finance minister Zalm to resign as ABN Amro CEO

AMSTERDAM, Sept 13 (Reuters) - ABN Amro said on

Tuesday that CEO Gerrit Zalm, the former Dutch finance minister

who led the bank in the aftermath of the 2008 financial crisis,

will resign next year.

Read more

Monday, September 12, 2016

UPDATE 1-Former Dutch finance minister Zalm to resign as ABN Amro CEO



Read more

BRIEF-VersaBank and PWC capital to merge

* Board of each of PWC and vb resolved to unanimously

recommend that their securityholders vote in favour of

transaction

Read more

PRESS DIGEST- New York Times business news - Sept 13

Sept 13 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

BRIEF-Renesas CEO: will take 4-5 years to benefit fully from synergies with Intersil

Sept 13 (Reuters) - Renesas Electronics Corp CEO

and President Bunsei Kure says:

Read more

UPDATE 1-Oprah to help Weight Watchers find new leader after CEO resigns

CHICAGO, Sept 12 (Reuters) - Oprah Winfrey will help Weight

Watchers International Inc pick a new leader, the diet

company said on Monday, about a year after the media mogul

announced she had bought...

Read more

PRESS DIGEST- Financial Times - Sept 13

Sept 12 (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

UPDATE 1-Japan's Renesas Electronics to buy U.S. chipmaker Intersil for $3.2 bln

* Renesas beats US suitor Maxim Integrated Products

(Adds details on purchase, background)

Read more

Oprah to help Weight Watchers find new leader after CEO resigns

CHICAGO, Sept 12 (Reuters) - Weight Watchers International

Inc said its chief executive, James Chambers, will step

down at the end of September after three years on the job, and

board member Oprah...

Read more

UPDATE 2-Freeport to sell U.S. Gulf assets to Anadarko for $2 bln

Sept 12 (Reuters) - Freeport McMoRan Inc said on

Monday it will sell its deepwater Gulf of Mexico oil and natural

gas assets to Anadarko Petroleum Corp for $2 billion as

it looks to cut its heavy...

Read more

BRIEF-Global Logistic Properties to buy U.S. warehouse portfolio for $1.1 billion - WSJ, citing sources

* Global Logistic Properties to buy U.S. warehouse portfolio

for $1.1 billion - WSJ, citing sources

Read more

BRIEF-Actions Semiconductor enters into definitive merger agreement for going private transaction

* Actions Semiconductor enters into definitive merger

agreement for going private transaction

Read more

BRIEF-Farmer Brothers agrees to buy China Mist Brands

* To acquire substantially all assets of China Mist Brands

Inc for $10.8 million

Read more

BRIEF-Spire acquires Mobile Gas and Willmut Gas for $344 mln

* Purchase consideration of $344 million included assumption

of $67 million of debt

Read more

Anadarko to buy Freeport's U.S. Gulf assets for $2 billion

Sept 12 (Reuters) - Anadarko Petroleum Corp said it

agreed to buy deepwater Gulf of Mexico assets of Freeport

McMoRan Inc's oil and gas unit for $2 billion.

Read more

INSIGHT-Brexit chills M&A activity despite some big deals, data shows

LONDON, Sept 12 (Reuters) - Britain's shock vote to leave

the European Union chilled dealmaking activity involving British

companies to the lowest level in at least two decades as bosses

grapple with...

Read more

Italy's supermarket chain Esselunga picks Citi to assess possible bids-sources

MILAN/ROME, Sept 12 (Reuters) - The 90-year old founder of

leading Italian supermarket chain Esselunga is considering a

possible sale and has picked Citigroup as adviser to

assess expressions of...

Read more

UPDATE 3-Activist Starboard demands rapid changes at Perrigo

NEW YORK, Sept 12 (Reuters) - Activist shareholder Starboard

Value LP on Monday disclosed a 4.6 percent stake in Perrigo Co

Plc and said the Dublin-based drugmaker must make

immediate improvements to...

Read more

BRIEF-Atos to acquire Anthelio Healthcare Solutions

* Intended acquisition received unanimous support of both

atos and anthelio boards of directors

Read more

BRIEF-MediaNews opposes Randstad bid for jobs site Monster

* Newspaper company MediaNews repeats it opposes staffing

company Randstad's $3.40 per share takeover bid for

jobs site Monster Worldwide.

Read more

BRIEF-Potash, Agrium see Canpotex as 'equal partnership' with Mosaic

Sept 12 (Reuters) - From interview with Potash Corp CEO and

Agrium CEO:

Read more

BRIEF-Potash Corp says either party to pay $485 mln fee to other party if merger terminated

Sept 12 (Reuters) - Potash Corporation of Saskatchewan Inc

:

Read more

UPDATE 2-Horizon Pharma to buy Raptor Pharma for $800 mln

Sept 12 (Reuters) - Horizon Pharma Plc said it

would buy Raptor Pharmaceutical Corp for nearly $800

million to bolster its portfolio of drugs to treat rare diseases

and reduce its dependence on the...

Read more

BRIEF-Opentext to acquire Dell EMC's enterprise content division, including Documentum

* Opentext signs definitive agreement to acquire Dell EMC's

enterprise content division, including Documentum

Read more

SolarCity raises $305 mln to fund solar projects

Sept 12 (Reuters) - Solar panel installer SolarCity Corp

, which is being bought by Tesla Motors Inc for

$2.6 billion, said on Monday it had raised $305 million to fund

its projects.

Read more

BRIEF-Dermira acquires option to license exclusive rights for up to three early-stage programs from Takeda

* Acquires option to license exclusive rights for up to

three early-stage programs from Takeda Pharmaceutical Company

ltd

Read more

Horizon Pharma to acquire Raptor Pharmaceuticals

Sept 12 (Reuters) - Horizon Pharma Plc said it has

agreed to buy Raptor Pharmaceutical Corp for nearly

$800 Million to expand its business in the rare diseases

treatment market.

Read more

BRIEF-Cellcom Israel announces developments re purchase of Golan Telecom

* Cellcom Israel announces developments re purchase of Golan

Telecom

Read more

BRIEF-Agrium and PotashCorp to combine in merger of equals

* Agrium and PotashCorp to combine in merger of equals to

create a world-Class integrated global supplier of crop inputs

Read more

MOVES-ICBC Standard Bank hires Mon Ullah as head of equity financing

LONDON, Sept 12 (Reuters) - ICBC Standard Bank

has hired former Bank of America Merrill Lynch banker Mon Ullah

as head of equity financing as part of its plans to beef up its

investment banking...

Read more

BRIEF-HP Inc agrees to buy Samsung Electronics's printer business

* HP Inc accelerates disruption of $55 billion copier

segment with acquisition of Samsung Electronics Co, Ltd's

printer business

Read more

UPDATE 1-Samsung scion to take board seat at flagship unit in succession move

* Lee widely considered Samsung Group head after father's

illness

Read more

UPDATE 1-Sanofi, Google parent in $500 mln diabetes joint venture

PARIS, Sept 12 (Reuters) - French drugmaker Sanofi

and Google owner Alphabet's life sciences firm Verily are to

invest about $500 million in a diabetes joint venture combining

devices with...

Read more

GSK sells anaesthetics to Aspen for up to $370 mln

LONDON, Sept 12 (Reuters) - GlaxoSmithKline is to

sell its portfolio of anaesthetic drugs to South Africa's Aspen

Pharmacare for up to 280 million pounds ($372 million)

as part of a drive by the...

Read more

UPDATE 1-Linde, Praxair end $60 billion merger talks

* Linde says strategic rationale existed but no deal on

details

Read more

Sunday, September 11, 2016

UPDATE 1-UK Stocks-Factors to watch on Sept. 12

Sept 12 (Reuters) - Britain's FTSE 100 index is seen opening down 96

points, or 1.4 percent lower on Monday, according to financial bookmakers, with

futures down 1.4 percent ahead of the cash market...

Read more

BRIEF-Praxair Inc and Linde AG terminate preliminary talks about a potential merger

* Praxair Inc and Linde AG terminate preliminary talks about

a potential merger

Read more

Friday, September 9, 2016

BRIEF-Cataca Resources to acquire Flitways Technology Inc

* Upon completion of this transaction, Flitways Technology

will become a wholly-owned subsidiary of company

Source text for Eikon:

Further company coverage:

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Oklahoma judge OKs McClendon land sale, freeing Thunder stake

OKLAHOMA CITY/NEW YORK, Sept 9 (Reuters) - The judge overseeing Aubrey McClendon's estate approved a land deal on Friday that will pay off one of the late energy magnate's major creditors, paving the...

Read more

BRIEF-Oracle extends Netsuite related tender offer

* Extended its tender offer in connection with acquisition

of Netsuite Inc. until October 6, 2016

Source text for Eikon:

Further company coverage:

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BRIEF-Kivalliq acquires Roughrider Exploration shares

* On August 30, 2016, in private transaction, it acquired

ownership of and control over 2 million common shares of

Roughrider Exploration

Read more

UPDATE 3-Hanjin Shipping gets U.S. court order, cash to unload ships

Sept 9 (Reuters) - A U.S. judge said on Friday he will grant

Hanjin Shipping Co Ltd provisional protection from

creditors in the United States, enabling some vessels to dock

and unload at U.S. ports.

Read more

REFILE-UPDATE 3-Ailing Italian bank Monte dei Paschi to name new boss in coming days

MILAN, Sept 9 (Reuters) - Italian bank Monte dei Paschi

plans to appoint a new chief executive in the next few

days to lead a 5 billion-euro ($5.6 billion) capital raising

which is needed to stave...

Read more

EU mergers and takeovers (Sept 9)

BRUSSELS, Sept 9 (Reuters) - The following are mergers under

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

merger process:

Read more

BRIEF-Ford says Ford GoBike to launch in San Francisco

* Ford partnering with global cities on new transportation;

chariot shuttle to be acquired, ford gobike to launch in san

francisco

Read more

Risky credits thrive in wide open market

NEW YORK, Sept 9 (IFR) - Investors rushed into the riskiest

trades this week and proved beyond doubt that the primary market

is now wide open for every kind of junk-rated borrower willing

to issue...

Read more

UPDATE 1-Hanjin Shipping says has cash to begin unloading four ships

Sept 9 (Reuters) - Hanjin Shipping Co Ltd has

received authority to spend the money needed to dock at U.S.

ports and begin unloading four vessels that have been stranded

at sea by the company's...

Read more

UPDATE 1-Russian ministry wants defence spending cut, Putin resists

MOSCOW, Sept 9 (Reuters) - Russia's finance ministry wants

to cut defence spending over 2017-19 by 6 percent from this

year's level, a government source told Reuters on Friday, but

President Vladimir...

Read more

Deals of the day-Mergers and acquisitions

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

and disposals were reported by 1330 GMT on Friday:

Read more

UPDATE 1-Greece needs to get back to work on bailout reforms -euro zone officials

* Austria finmin says "not feeling good" about Greece

(Updates with news conference, more comments)

Read more

UPDATE 1-ValueAct buys stake in Seagate Technology

Sept 9 (Reuters) - Seagate Technology Plc has sold a

stake in itself to ValueAct Capital in a deal that also provides

the activist hedge fund with a front-row view of its board

meetings, the...

Read more

BRIEF-Medivation and Pfizer file premerger notification

* Says on Sept 7, Pfizer and Medivation filed premerger

notification and report form with FTC and antitrust division -

SEC filing

Read more

EU regulators halt Dow, DuPont merger review to gather data

BRUSSELS, Sept 9 (REUTERS) - EU antitrust regulators have

halted their scrutiny of Dow Chemical Co and DuPont's

proposed merger while the companies provide more

information regarding their $130...

Read more

BRIEF-United Community says Ohio Legacy deal includes termination fee of $1.6 mln

* Agreement with Ohio Legacy provides termination fee of

$1.6 million payable by Ohio Legacy to UCFC upon termination of

merger

Source text for Eikon:

Further company coverage:

(Reporting By...

Read more

UPDATE 1-Total sees bargain buy in Chesapeke's Barnett Shale assets

* Barnett Shale produces about 65,000 boe per day

(Adds details, background)

Read more

UPDATE 1-Samsung Elec considers $1.8 bln printer business sale to HP -report

* Samsung Group has been divesting from non-core businesses

(Updates with background on Samsung, printer market)

Read more

Cash-strapped Mongolia puts giant coalmine back in play

* Mining generated 67.8 pct of Mongolia's H1 industrial

output

Read more

Greece needs to get back to work on bailout reforms -euro zone ministers

BRATISLAVA, Sept 9 (Reuters) - Euro zone finance ministers

pushed Greece on Friday to get back to work and speed up a

reform drive it agreed to in a bailout package before getting a

new tranche of...

Read more

German stocks - Factors to watch on September 9

FRANKFURT/BERLIN, Sept 9 (Reuters) - The DAX top-30 index

looked set to open 0.1 percent lower on Friday,

according to premarket data from brokerage Lang & Schwarz at

0610 GMT.

Read more

Russian finance ministry proposes broad spending cuts, including on defence

MOSCOW, Sept 9 (Reuters) - Russia's finance ministry is

proposing that defence expenditures are trimmed by 6 percent

annually over the next three years, along with similar cuts in

other ministerial...

Read more

Thursday, September 8, 2016

UPDATE 2-Hanjin Shipping funding plan faces further delay, Samsung tries to recover goods

* Biggest Hanjin shareholder to discuss funding plan on

Saturday

Read more

Investors say bid for Brazil's bankrupt Oi can win over creditors

SAO PAULO, Sept 8 (Reuters) - Investors planning a bid to

take over Brazil's bankrupt phone carrier Oi SA said

Thursday they can win over disgruntled creditors with a more

attractive debt repayment...

Read more

CORRECTED-UPDATE 2-Google to buy cloud software company Apigee for $625 mln

SAN FRANCISCO, Sept 8 (Reuters) - Alphabet Inc's

Google said on Thursday it is acquiring cloud software company

Apigee Corp in a deal valued at about $625 million, the

tech giant's latest effort to...

Read more

PRESS DIGEST- British Business - Sept 9

Sept 9 - 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

BRIEF-INTL FCStone says subsidiary to acquire London-based EMEA oils business of ICAP

* Says its subsidiary, INTL FCStone Ltd, has reached an

agreement to acquire the London-based EMEA oils business of ICAP

Plc

Source text for Eikon:

Further company coverage:

Read more

UPDATE 1-Enterprise pulls Williams bid due to lack of engagement

NEW YORK, Sept 8 (Reuters) - Pipeline company Enterprise

Products Partners on Thursday withdrew its takeover bid

for rival Williams Cos Inc, saying that Williams' lack

of engagement left it with "no...

Read more

BRIEF-Nextera to acquire indirect 24 pct interest in Desert Sunlight Investment

* Nextera Energy Partners LP announces agreement to acquire

indirect 24 percent interest in Desert Sunlight Investment

Holdings, Llc

Read more

Motor racing-Liberty will not 'Americanise' F1, says Carey

LONDON, Sept 8 (Reuters) - The United States can be a big growth area for Formula One but Liberty Media have no desire to 'Americanise' the sport after the U.S. company's takeover, new F1 chairman...

Read more

BRIEF-United Community Financial to acquire Ohio Legacy Corp

* United Community Financial Corp to expand Akron and Canton

Ohio presence with agreement to acquire Ohio Legacy Corp

Read more

Bayer exploring sale of dermatology business - Bloomberg

Sept 8 (Reuters) - German chemicals and crop pesticides firm

Bayer AG is exploring the sale of its dermatology

business to push forward its deal with Monsanto Co,

Bloomberg reported, citing sources.

Read more

BRIEF-Accenture agreed to buy New Energy Group

* Entered into an agreement to acquire New Energy Group, an

Italy-based company specializing in salesforce solutions

Read more

BRIEF-Bayer to explore sale of $1.1 bln dermatology business - Bloomberg

* Bayer said to explore sale of $1.1 billion dermatology

business - Bloomberg, citing source

Read more

UPDATE 1-Weaker airlines set to feel the pinch in Europe's overcrowded market - CEOs

LONDON, Sept 8 (Reuters) - An increasingly competitive

European airline market could soon bring consolidation and

possibly European low-cost carriers providing local connecting

services or "feeder"...

Read more

Grecia, slitta scadenza vendita società manutenzione ferrovie

ATENE, 8 settembre (Reuters) - La Grecia ha prorogato di tre

settimane fino al 3 ottobre il termine per la presentazione

delle manifestazioni di interesse per la vendita di Rosco, la

società statale...

Read more

Owners of Germany's Xella start sales process

* Says it has decided to start a sales process for building

material maker Xella

Read more

BRIEF-Sun Life CEO says continuing to look for acquisitions

* Sun life ceo says continuing to look for acquisitions, has

bandwith to do more

Read more

BRIEF-Envirostar agrees to buy Western State Design

* Envirostar Inc announces the acquisition of western state

design inc

Read more

Walgreens says may have to sell 500-1000 stores for Rite Aid deal approval

Sept 8 (Reuters) - Drugstore chain Walgreens Boots Alliance

Inc said it would likely have to divest between 500 and

1000 stores to win regulatory approval for its planned

acquisition of Rite Aid Corp.

Read more

BRIEF-Apigee enters definitive agreement to be acquired by Google

* Apigee enters definitive agreement to be acquired by

Google

Read more

RPT-UPDATE 1-Motor racing-Formula One faces big shake-up after Liberty deal

LONDON, Sept 7 (Reuters) - Formula One faces its biggest

shake-up in decades with the announcement on Wednesday that U.S.

cable TV mogul John Malone's Liberty Media has agreed

to take control of the...

Read more

BRIEF-SA's Competition Commission okays Revlon-Elizabeth Arden deal

* Has approved, without conditions, intermediate merger

whereby Revlon intends to acquire Elizabeth Arden

Source text for Eikon: [http://bit.ly/2cmUMNb]

Further company coverage:

(Bengaluru...

Read more

Micro Focus approached HP Enterprise about a deal in February

LONDON, Sept 8 (Reuters) - Britain's Micro Focus

International approached Hewlett Packard Enterprise Co

in February about an $8.8 billion deal and was not put

off by the market chaos thrown up by...

Read more

BRIEF-Avnet says U.S. clears Premier Farnell deal

* U.S. FTC granted early termination of waiting period

required under Hart-Scott-Rodino Antitrust Improvements Act 1976

for Premier Farnell deal

Read more

Poland - Factors to Watch, Sept 8

Following are news stories, press reports and events to watch

that may affect Poland's financial markets on Thursday. ALL

TIMES GMT (Poland: GMT + 2 hours):

Read more

BRIEF-Micro Focus to return $400 mln to shareholders before HP deal concludes

* Proposed return of value to existing Micro Focus

shareholders

Read more

Wednesday, September 7, 2016

BRIEF-Yandex terminates agreement to buy its Moscow headquarters

* Yandex has terminated the framework agreement entered into

on Feb. 19, 2016, with Krasnaya Roza 1875 Limited, a Cypriot

company, pursuant to which Yandex was to become the sole owner

of the company...

Read more

UK Stocks-Factors to watch on Sept. 8

Sept 8 (Reuters) - Britain's FTSE 100 index is seen opening down 3

to 5 points on Thursday, according to financial bookmakers.



* The UK blue chip index closed 0.3 percent higher on Wednesday...

Read more

UPDATE 3-Intel to spin out security unit, sell stake in business to TPG

Sept 7 (Reuters) - Intel Corp said it would spin

out its cyber security division, formerly known as McAfee, and

sell a majority stake in it to investment firm TPG for $3.1

billion in cash.

Read more

PRESS DIGEST- British Business - Sept 8

Sept 8 (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

Liberty Media to buy Formula One in $4.4 bln deal

Sept 7 (Reuters) - Liberty Media, a U.S. based

media and communications company with interests in Atlanta

Braves baseball team and satellite radio service Sirius XM, said

it would buy the cash-rich...

Read more

UPDATE 3-HP Enterprise in $8.8 bln deal with Micro Focus for software assets

Sept 7 (Reuters) - Hewlett Packard Enterprise Co (HPE)

will spin off and merge its non-core software assets

with Britain's Micro Focus International Plc in a deal

worth $8.8 billion, the companies...

Read more

BRIEF-Intel and TPG to collaborate to establish McAfee as a cybersecurity company valued at $4.2 bln

* Intel and TPG to collaborate to establish McAfee as

leading independent cybersecurity company valued at $4.2 billion

Read more

Intel to spin out cybersecurity unit, sell stake in business to TPG

Sept 7 (Reuters) - Intel Corp said it would spin

out its cybersecurity division and sell a majority stake in it

to investment firm TPG for $3.1 billion in cash.

Read more

Viacom hires Morgan Stanley, LionTree to advise on capital structure-source

NEW YORK, Sept 7 (Reuters) - Viacom Inc has hired

Morgan Stanley and LionTree Llc as part of a review of

its capital structure, according to a source familiar with the

situation.

Read more

UPDATE 1-Viacom hires Morgan Stanley, LionTree for capital structure review -source

NEW YORK, Sept 7 (Reuters) - Viacom Inc has hired

Morgan Stanley and LionTree Llc as part of a review of

its capital structure, a source familiar with the situation said

on Wednesday.

Read more

BRIEF-Micro Focus will buy Hewlett Packard's software unit in deal worth around £7 bln - Sky News

* UK tech company Micro Focus will buy Hewlett Packard's

software unit in a deal worth around £7 bln - Sky News, citing

sources

Read more

HP Enterprise nears deal to sell software division -source

Sept 7 (Reuters) - Hewlett Packard Enterprise Co (HPE)

is nearing a deal to sell its software division to

British software group Micro Focus International Plc,

according to a person familiar with...

Read more

TD Bank CEO says eager for Canada acquisitions

TORONTO, Sept 7 (Reuters) - Toronto-Dominion Bank is

keen on acquisition opportunities, especially in its home market

of Canada, and the United States, Chief Executive Bharat Masrani

said on...

Read more

UniCredit seeks strategic partner for asset manager Pioneer-sources

MILAN, Sept 7 (Reuters) - Italy's largest bank UniCredit

is seeking a strategic partner for its asset

management business Pioneer, as part of a plan to bolster its

capital base, several sources...

Read more

UPDATE 1-NetSuite shareholder T. Rowe Price opposes sale to Oracle

Sept 7 (Reuters) - T. Rowe Price Group Inc,

NetSuite Inc's largest outside shareholder, said it would

not tender its shares in Oracle Corp's proposed

acquisition of the U.S. cloud computing company,...

Read more

BRIEF-TD Bank keen on acquisitions in Canada as well as U.S.

* Td bank ceo says will look any any acquisitions in canada

very seriously

Read more

MOVES-TPG Growth hires L Catterton managing director

Sept 7 (Reuters) - TPG Growth, the growth-capital fund of

U.S. private equity firm TPG, said on Wednesday that it had

hired Mark Grabowski from mid-market investment firm L Catterton

as a partner to...

Read more

VW says van drivers' electric eureka moment yet to come

BERLIN, Sept 7 (Reuters) - Volkswagen will

launch its first battery-powered van later this month as it

shifts to zero-emission vehicles following its diesel cheating

scandal, but customers are still...

Read more

BRIEF-American Finance Trust, Inc. to acquire American Realty Capital

* American Finance Trust, Inc. to acquire American Realty

Capital - Retail Centers Of America, Inc. for $1.4 Billion

Read more

Motor racing-F1 boss Ecclestone says has been asked to stay on

LONDON, Sept 7 (Reuters) - Formula One's commercial supremo Bernie Ecclestone says he has been asked to stay on for three years after an imminent takeover of the sport is completed by U.S. cable TV...

Read more

UPDATE 1-Congo state miner submits offer for Freeport's Tenke copper project

KINSHASA, Sept 7 (Reuters) - The Democratic Republic of

Congo's state mining company Gecamines said on Wednesday it has

submitted an offer to buy Freeport McMoRan Inc's

majority stake in the Tenke...

Read more

Congo state miner submits offer for Freeport's Tenke copper project

KINSHASA, Sept 7 (Reuters) - Democratic Republic of Congo's

state mining company Gecamines has submitted an offer to buy

Freeport McMoRan Inc's majority stake in the Tenke

copper project, Gecamines'...

Read more

Top-30 Bayer investor opposes over-generous Monsanto offer

LONDON, Sept 7 (Reuters) - A top-30 investor in German

chemicals and crop pesticides firm Bayer said revised

terms aimed at securing a deal to buy U.S. rival Monsanto

were far too generous.

Read more

Steinhoff's $3.8 billion American dream seen as risky by some

* Steinhoff to pay $3.8 bln enterprise value for Mattress

Firm

Read more

KKR, HKBN place final bids for Wharf's HK telecom unit -sources

HONG KONG, Sept 7 (Reuters) - KKR & Co LP and HKBN

Ltd have placed final bids for the Hong Kong telecom

arm of Wharf Holdings Ltd, in a deal likely to fetch

$1 billion to $1.2 billion, people...

Read more

Tuesday, September 6, 2016

Brasil Pharma nears sale of two drugstore chains, sources say

SAO PAULO, Sept 7 (Reuters) - Brasil Pharma SA is

close to selling two units for about 1.2 billion reais ($375

million) as the nation's No. 3 drugstore chain shrinks further

to cut debt, two people...

Read more

PRESS DIGEST- Financial Times - Sept. 7

Sept 7 (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

BRIEF-Modine announces agreement to acquire Luvata Heat Transfer Solutions for about $422 mln

* To acquire Luvata Heat Transfer Solutions for about $422

million, to be financed through a combination of cash, debt, $25

million of Modine common stock

Read more

BRIEF-Yuma Energy agrees to merger and reorganization dated Feb 10- SEC filing

* On Sept.2, 2016, entered into amendment to agreement and

plan of merger and reorganization dated February 10, 2016 - sec

filing

Read more

CDK Global names two new directors after Elliott agreement

Sept 6 (Reuters) - CDK Global named two new

independent directors on Tuesday in the wake of an agreement the

automotive software maker struck with hedge fund Elliott

Management.

Read more

Canada auto union says strike could affect GM Ingersoll assembly

TORONTO, Sept 6 (Reuters) - Any strike at General Motors

Co's Canadian unit will have a "profound impact" on the

company because union members at the CAMI assembly in Ingersoll,

Ontario will not...

Read more

BRIEF-Agellan Commercial REIT announces the acquisition of an industrial distribution facility

* Agellan Commercial Real Estate Investment Trust announces

the acquisition of an industrial distribution facility in

Sarasota, Florida

Read more

Saudi's ADC weighs bid for land rig operator Dalma -sources

DUBAI, Sept 6 (Reuters) - Saudi Arabia's Arabian Drilling

Company (ADC) is considering bidding for Dalma Energy, sources

told Reuters, in a deal which could value the land rig operator

at more than...

Read more

BRIEF-EOG Resources plans to add drilling rigs to Yates acreage in 2017

* CEO Bill Thomas says will start drilling on new Yates

acreage once deal closes in October

Read more

UPDATE 1-German 3D printing company Concept Laser for sale - sources

FRANKFURT, Sept 6 (Reuters) - German 3D printing group

Concept Laser has been put up for sale by its founder as he

wants to benefit from a boom in demand for the technology, which

has been the...

Read more

BRIEF-Nokia says to offer EUR 3.50/shr for remaining Alcatel-Lucent shares, expects full ownership by early Q4

* Says to offer EUR 3.50 per share for remaining

Alcatel-Lucent shares and expects to reach 100 pct ownership by

early Q4, draft joint offer document has been filed with the

french stock market...

Read more

BRIEF-Enbridge will assume about $22 bln of existing Spectra debt - Conf Call

* Said about 694 million new shares issued

Further company coverage:

Read more

Volkswagen Trucks CEO says full Navistar merger possible

FRANKFURT, Sept 6 (Reuters) - Volkswagen Trucks

Chief Executive Andreas Renschler said a full merger with

Navistar is possible once a technology and procurement

alliance between the two truck makers...

Read more

BRIEF-Allergan acquires gene therapy company Retrosense Therapeutics

* Allergan Acquires Gene Therapy Company Retrosense

Therapeutics Adding First-In-Class technology to company's

innovative eye care pipeline

Read more

UPDATE 2-EOG to buy Yates in $2.5 bln deal, boosting Permian assets

Sept 6 (Reuters) - EOG Resources Inc said on Tuesday

it would buy privately held Yates Petroleum Corp and some of its

subsidiaries and other entities in a deal valued at $2.5 billion

to boost its...

Read more

UPDATE 2-Canada's Enbridge to buy Spectra Energy in $28 bln deal

Sept 6 (Reuters) - Enbridge Inc, Canada's largest

pipeline company, said on Tuesday it would buy Spectra Energy

Corp in an all-stock deal valued at about C$37 billion

($28 billion) to create the...

Read more

UPDATE 2-Danaher to buy Cepheid in $4 bln deal to expand in diagnostics

Sept 6 (Reuters) - Danaher Corp said on Tuesday it

would buy molecular diagnostics company Cepheid in a

deal valued at $4 billion, including debt, to strengthen its

diagnostics business.

Read more

Volkswagen takes $256 million Navistar stake in trucks push

FRANKFURT, Sept 6 (Reuters) - Volkswagen agreed

to supply engines to U.S. truck maker Navistar in

exchange for a 16.6 percent stake, an alliance forged by the

need to meet stringent emissions...

Read more

BRIEF-Atento acquires majority stake in R Brasil Soluções to expand collections capabilities

* Atento acquires majority stake in R Brasil Soluções to

expand collections capabilities

Read more

European shares hover near 3-mo highs, though Ingenico slumps

* Fresenius gains following Spanish acquisition

(Recasts, adds quote and detail, updates prices)

Read more

Jupiter's Herbert says Bayer/Monsanto deal carries 'significant risks'

LONDON, Sept 6 (Reuters) - A shareholder in Bayer

said on Tuesday that the German chemical and crop pesticide

firm's potential takeover of rival Monsanto represented

significant risks for...

Read more

UPDATE 1-BASF warns crop protection markets to remain challenging

* Unit head says matching last year's profitability a

stretch

Read more

Bayer shareholder says opposes new Monsanto takeover terms

LONDON, Sept 6 (Reuters) - A leading shareholder in German

pharmaceutical and crops manufacturer Bayer said he

did not support the revised terms of a takeover offer for U.S.

rival Monsanto.

Read more

REFILE-European shares hover near 3-mo highs, Ingenico slumps

LONDON, Sept 6 (Reuters) - European shares rose slightly on

Tuesday and held near their highest levels since April supported

on the day by the energy sector and a jump in shares of

healthcare firm...

Read more

GE makes $685 bid for Swedish 3D printer firm Arcam

STOCKHOLM, Sept 6 (Reuters) - General Electric's

Swedish unit made a $685 million bid for Sweden's Arcam

on Tuesday to boost its footprint within 3D printing.

Read more

UPDATE 1-GE to buy SLM, Arcam for $1.4 bln in 3D printing push

* Says sees 3D printing ops growing to $1 bln by 2020

(Recasts to add GE bid for Arcam)

Read more

Monday, September 5, 2016

General Electric unveils $761 mln bid for Germany's SLM Solutions

FRANKFURT, Sept 6 (Reuters) - General Electric's

German business announced plans on Tuesday for a takeover offer

for Germany's SLM Solutions and has already signed

deals to buy almost a third of...

Read more

BRIEF-GE issues 5.9 bln SEK recommended cash bid for Swedish 3D printer maker Arcam

* GE Sweden Holdings, a Swedish company within the GE

Aviation operating unit and an indirectly wholly-owned

subsidiary of General Electric Company, has today announced a

public cash offer to the...

Read more

BRIEF-Monsanto confirms updated proposal from Bayer

* Monsanto Company - Confirmed it has been engaged

in constructive negotiations with Bayer AG

Read more

UPDATE 3-Bayer sweetens Monsanto bid as talks enter final stretch

Sept 5 (Reuters) - German pharmaceutical and crops

manufacturer Bayer AG said on Monday that its

negotiations with Monsanto Co had advanced, and that it

was now willing to offer more than $65 billion...

Read more

Bayer in advanced talks with Monsanto for deal

Sept 5 (Reuters) - German drugmaker Bayer AG said

on Monday it was in advanced talks to acquire Monsanto Co

and was raising its offer for the U.S. seed producer.

Read more

BRIEF-Bayer confirms advanced negotiations with Monsanto concerning a proposed transaction

* Confirms advanced negotiations with Monsanto concerning a proposed transaction

Read more

BRIEF-Bayer says prepared to offer $127.50 per Monsanto share under an agreement

* Says confirms advanced negotiations with monsanto

concerning a proposed transaction

Read more

EU mergers and takeovers (Sept 5)

BRUSSELS, Sept 5 (Reuters) - The following are mergers under

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

merger process:

Read more

Volkswagen to take 19.9 pct stake in Navistar for $16/shr - source

FRANKFURT, Sept 5 (Reuters) - Volkswagen will

take a 19.9 percent stake in U.S.-based rival Navistar

International Corp for around $16 per share as part of a

partnership deal, a person familiar with...

Read more

UPDATE 2-PM May rejects points-based immigration controls sought by Brexit campaigners

* May says points-based immigration systems don't give

control

Read more

Israeli fertiliser maker ICL won't bid for stake in Chile's SQM

TEL AVIV, Sept 5 (Reuters) - Fertiliser maker Israel

Chemicals (ICL) will not be bidding for an indirect

stake that is for sale in Chilean potash and lithium producer

SQM, a spokesman for the Israeli...

Read more

IEnova agrees to buy Mexico's Ventika wind farm for $850 mln

MEXICO CITY, Sept 5 (Reuters) - Mexico's Infraestructura

Energetica Nova (IEnova) said on Monday it had agreed to buy 100

percent of the Ventika wind farm from subsidiaries of Blackstone

and minority...

Read more

PRESS DIGEST- British Business - Sept. 5

Sept 5 (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

UPDATE 1-Volkswagen, Navistar to announce partnership -sources

* VW, Navistar deal to be announced as soon as Tuesday

-sources

(Adds detail, background)

Read more

Sunday, September 4, 2016

Liberty Media nears deal for 10-15 pct stake in Formula One -FT

NEW YORK, Sept 4 (Reuters) - Liberty Media Corp is

nearing a deal to buy a significant stake in the Formula One

racing car series, with a deal expected within the next two

weeks, the Financial Times...

Read more

AIG raises $192 mln by selling remaining PICC P&C shares-IFR

HONG KONG, Sept 5 (Reuters) - American International Group

(AIG) has raised about HK$1.49 billion ($192 million) by

selling its remaining shares in Chinese insurer PICC Property

and Casualty Co Ltd,...

Read more

Bayer board to discuss Monsanto bid on Sept. 14 - Rheinische Post

FRANKFURT, Sept 4 (Reuters) - Bayer's supervisory

board will discuss in a meeting on Sept. 14 whether to sweeten

its offer for Monsanto again or even pursue a hostile

takeover, German daily...

Read more

PRESS DIGEST- Financial Times - Sept. 5

Sept 4 (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

Avery Dennison to buy Israel's Hanita Coatings -report

TEL AVIV, Sept 4 (Reuters) - California-based Avery Dennison

has agreed to buy Hanita Coatings from the Hanita

kibbutz and the Tene investment fund for $75 million, the

Calcalist financial news...

Read more

Russia, Turkey to form joint investment fund - Russian minister

HANGZHOU, China, Sept 4 (Reuters) - Russian Economy Minister

Alexei Ulyukaev said on Sunday President Vladimir Putin and his

Turkish counterpart Tayyip Erdogan had agreed to form a joint

investment...

Read more

UPDATE 1-Formula One sale to Liberty Media to go ahead next week - auto motor und sport

FRANKFURT, Sept 3 (Reuters) - A sale of Formula One to Liberty Media is to go ahead next week, the sport's commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the...

Read more

Saturday, September 3, 2016

Formula One sale to Liberty Media to go ahead next week - auto motor und sport

FRANKFURT, Sept 3 (Reuters) - A sale of Formula One to Liberty Media is to go ahead next week, German trade magazine auto motor und sport reported on Saturday, citing the sport's commercial supremo...

Read more

AIG seeking to raise $190mln by selling remaining China insurer shares-IFR

HONG KONG, Sept 3 (Reuters) - American International Group

(AIG) is seeking to raise about $190 million by selling

its remaining shares in China's PICC Property and Casualty Co

Ltd, according to a...

Read more

BRIEF-Dupont updates on European Commission extension for merger

* On September 2, 2016, Dupont And Dow mutually agreed to

grant european commission an extension of 10 working days in

connection with its phase ii review.

Read more

Friday, September 2, 2016

Receiver appointed for Canada's Twin Butte Energy

CALGARY, Alberta, Sept 2 (Reuters) - Twin Butte Energy

, which became the latest Canadian oil and gas producer

to file for bankruptcy this week, said on Friday an Alberta

court had appointed FTI...

Read more

WRAPUP 4-China's government flexes muscles with Uber, DreamWorks probes

SHANGHAI/HONG KONG, Sept 2 (Reuters) - The Chinese

government said on Friday it was investigating two high-profile

takeover proposals involving U.S. companies, the latest sign of

its growing...

Read more

BRIEF-ABF logistics buys Logistics & Distribution Services, llc

* Abf logistics acquires logistics & distribution services,

llc

Read more

Canada fertilizer merger faces easier approval at home than in U.S.

TORONTO/WASHINGTON, Sept 2 (Reuters) - Canada's Potash Corp

of Saskatchewan and Agrium Inc are more likely

to win approval for a potential merger in Canada than the United

States, but U.S. rejection...

Read more

Deals of the day- Mergers and acquisitions

Sept 2 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 2000 GMT on Friday:

Read more

UPDATE 1-Zinc producer's shareholders fall short in bankruptcy fight

WILMINGTON, Del., Sept 2 (Reuters) - Horsehead Holding Corp

was cleared to exit bankruptcy on Friday although a

U.S. judge acknowledged that allegations by the zinc producer's

shareholders that...

Read more

BRIEF-Blank check company Avista Healthcare Public Acquisition Corp files for IPO of up to $345 mln

* Blank Check Company Avista Healthcare Public Acquisition

Corp Files For Ipo Of Up To $345 Mln - Sec filing

Source (http://bit.ly/2cjUrs0)

Read more

UPDATE 1-Nexstar wins U.S. antitrust approval to merge with Media General

WASHINGTON, Sept 2 (Reuters) - Nexstar Broadcast Group

has won U.S. antitrust approval to buy Media General

Corp on condition that it sell seven television

stations, the Justice Department said on...

Read more

BRIEF-Goldcorp - Quarterly dividend of $0.02 per share

* Sets quarterly dividend of $0.02 per share

Source text for Eikon:

Further company coverage:

Read more

Judge approves Horsehead Holding bankruptcy exit

WILMINGTON, Del, Sept 2 (Reuters) - Horsehead Holding Corp's

plan to exit bankruptcy was approved on Friday after a judge

rejected allegations by the zinc producer's shareholders that

their...

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UPDATE 3-Yum to sell stake in China business ahead of spinoff

* Stock to start trading on NYSE on Nov. 1

(Adds details on investors, background on spinoff, share move)

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Delaware Judge expedites Alere lawsuit against Abbott

NEW YORK, Sept 2 (Reuters) - A Delaware judge on Friday

granted a motion to expedite Alere Inc's lawsuit against

Abbott Laboratories, which seeks to ensure that Abbott

lives up to the terms of its...

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BRIEF-Accuride to pay Armor parent termination fee of $8 million is deal is terminated

* If company enters into a superior proposal prior to

solicitation period, will be required to pay to parent a

termination fee of $4.0 million

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BRIEF-Accuride agrees to be bought by Crestview Partners

* Accuride reaches agreement to be acquired by Crestview

Partners

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BRIEF-Siebert And Kennedy Cabot report definitive agreement

* Siebert Financial Corp. And Kennedy Cabot Acquisition, llc

announce definitive agreement

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BRIEF-Intertape Polymer Group agrees to buy majority ownership of Powerband

* Intertape Polymer Group enters agreement to acquire

majority ownership of Powerband

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WRAPUP 1-Chinese government flexes muscles with Uber, DreamWorks probes

SHANGHAI/HONG KONG, Sept 2 (Reuters) - The Chinese

government said on Friday it was investigating two high-profile

takeover proposals involving U.S. companies, the latest sign of

its growing...

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RPT-Brazil government gaining clout in contentious Oi bankruptcy

SAO PAULO, Sept. 2 (Reuters) - Growing tensions over Oi SA's

bankruptcy process are driving some bondholders to

court Brazil's government as an ally against several investors

whom they view as a...

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Brazil equity capital revival could help offset slow M&A

SAO PAULO, Sept 2 (Reuters) - Brazil's long-dormant equity

capital markets could be set for a revival in the coming months

that might help offset slower-than-expected merger and

acquisition activity,...

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