* Energy XXI Ltd - has successfully completed its financial
restructuring and emerged from Chapter 11
Read more
Friday, December 30, 2016
BRIEF-Eaton Vance Corp announces completion of acquisition of assets of Calvert Investment Management Inc
* Eaton Vance Corp announces completion of acquisition of
assets of Calvert Investment Management Inc
Source text for Eikon:
Further company coverage:
Read more
assets of Calvert Investment Management Inc
Source text for Eikon:
Further company coverage:
Read more
Deals of the day-Mergers and acquisitions
Dec 30 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1500 GMT on Friday:
Read more
and disposals were reported by 1500 GMT on Friday:
Read more
BRIEF-Iconix Brand Group reports agreement to divest Sharper Image brand
* Iconix Brand Group Inc - plans to use net proceeds from
this transaction plus additional cash to pay down approximately
$115 million of debt
Read more
this transaction plus additional cash to pay down approximately
$115 million of debt
Read more
BRIEF-Cabela's and Bass Pro Group got request for additional information and documentary material FTC
* Cabela's - co, Bass Pro Group, Llc got request for
additional information and documentary material FTC, in
connection with merger - sec filing
Read more
additional information and documentary material FTC, in
connection with merger - sec filing
Read more
CORRECTED-BRIEF-Golden Meditech to sell its equity interest in China Cord Blood Corp
* Golden Meditech Holdings Ltd - as part of transaction,
golden meditech agrees to give three years' performance
guarantee of ccbc in favour of purchaser
Read more
golden meditech agrees to give three years' performance
guarantee of ccbc in favour of purchaser
Read more
BRIEF-China conditionally approves Abbott Laboratories' acquisition of St Jude
* Conditionally approves Abbott Laboratories'
acquisition of St Jude Medical Inc
Source text in Chinese: [http://bit.ly/2hBoIbE]
Further company coverage: [ABT.N STJ.N]
(Reporting By Jake Spring)
Read more
acquisition of St Jude Medical Inc
Source text in Chinese: [http://bit.ly/2hBoIbE]
Further company coverage: [ABT.N STJ.N]
(Reporting By Jake Spring)
Read more
BRIEF-Vector Resources Inc and Razor Energy Corp execute arrangement agreement
* Vector Resources - Pursuant to proposed transaction, each
common share of Razor will be exchanged for 2,042.13 common
shares of Vector
Read more
common share of Razor will be exchanged for 2,042.13 common
shares of Vector
Read more
BRIEF-Kuka says U.S. authorities give green light for Midea takeover
* US government authorities CFIUS (committee on foreign
investment in united states) and DDTC(directorate of defense
trade controls) on December 29, 2016 have cleared take-over of
Kuka...
Read more
investment in united states) and DDTC(directorate of defense
trade controls) on December 29, 2016 have cleared take-over of
Kuka...
Read more
Thursday, December 29, 2016
China's outbound M&A push to draw more scrutiny after record year
HONG KONG/BEIJING, Dec 30 (Reuters) - China's appetite for
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland...
Read more
foreign assets is likely to remain healthy after completed
acquisitions surged 46 percent to a record $105 billion this
year as mainland...
Read more
BRIEF-Hope Bancorp announces phase II branch consolidation plan
* Hope Bancorp -expects one-time pre-tax charges related to
second phase of branch consolidations to total about $1.2
million and be incurred by first half of 2017
Read more
second phase of branch consolidations to total about $1.2
million and be incurred by first half of 2017
Read more
Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting
LONDON, Dec 30 (Reuters) - Britain avoided a collapse in
mergers and acquisitions activity after the shock Brexit vote as
foreign companies used sterling's spectacular devaluation
against the U.S....
Read more
mergers and acquisitions activity after the shock Brexit vote as
foreign companies used sterling's spectacular devaluation
against the U.S....
Read more
LPC: US syndicated lending flat in 2016 after late-year spurt
NEW YORK, Dec 29 (Reuters) - A fourth-quarter rush of
corporate buyouts and refinancing, as markets rallied on
prospects of looser financial regulations under a Trump
administration, pulled 2016 US...
Read more
corporate buyouts and refinancing, as markets rallied on
prospects of looser financial regulations under a Trump
administration, pulled 2016 US...
Read more
France's Technip, Venezuelan firms tapped to refurbish Aruba refinery
ORANJESTAD/HOUSTON, Dec 29 (Reuters) - A consortium formed
by France's Technip and Venezuela's Tecnoconsult and
Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day
refinery, the...
Read more
by France's Technip and Venezuela's Tecnoconsult and
Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day
refinery, the...
Read more
UPDATE 2-Peabody extends debt deadline amid creditor support
WILMINGTON, Del., Dec 29 (Reuters) - Peabody Energy Corp
said on Thursday it extended a deadline for creditors to join
financing deals aimed at bringing the largest U.S. coal miner
out of bankruptcy...
Read more
said on Thursday it extended a deadline for creditors to join
financing deals aimed at bringing the largest U.S. coal miner
out of bankruptcy...
Read more
Peabody extends financing deadlines after creditor lawsuit
WILMINGTON, Del., Dec 29 (Reuters) - Peabody Energy Corp
said on Thursday the deadline for creditors to join financing
deals aimed at bringing the largest U.S. coal miner out of
bankruptcy had been...
Read more
said on Thursday the deadline for creditors to join financing
deals aimed at bringing the largest U.S. coal miner out of
bankruptcy had been...
Read more
BRIEF-TFI International's unit announces the acquisition of National Fast Freight
* As per deal, NFF will operate under current management as
standalone business unit of TFI International
Read more
standalone business unit of TFI International
Read more
UPDATE 1-Infraero, Fraport AG may join forces to run Brazilian airports - paper
SAO PAULO, Dec 29 (Reuters) - Brazilian state-run
infrastructure company Empresa Brasileira de Infraestrutura
Aeroportuária (Infraero) plans to set up a joint venture with
Germany's Fraport AG to...
Read more
infrastructure company Empresa Brasileira de Infraestrutura
Aeroportuária (Infraero) plans to set up a joint venture with
Germany's Fraport AG to...
Read more
Deals of the day-Mergers and acquisitions
Dec 29 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1130 GMT on Thursday:
Read more
and disposals were reported by 1130 GMT on Thursday:
Read more
PRESS DIGEST - Wall Street Journal - Dec 29
Dec 29 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wednesday, December 28, 2016
PRESS DIGEST- Financial Times - Dec 29
Dec 29 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
BRIEF-FCPT acquires four Burger King restaurant properties for $7.7 mln
* FCPT announces acquisition of four Burger King restaurant
properties for $7.7 million
Source text for Eikon:
Further company coverage:
Read more
properties for $7.7 million
Source text for Eikon:
Further company coverage:
Read more
PRESS DIGEST- British Business - Dec 29
Dec 29 (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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-PHH Corp to sell its non-GNMA mortgage servicing rights portfolio
* Press release - PHH Corporation announces sale and
subservicing agreements for its entire non-GNMA mortgage
servicing rights portfolio
Read more
subservicing agreements for its entire non-GNMA mortgage
servicing rights portfolio
Read more
UPDATE 1-Brazil's Petrobras sells $587 mln in assets, misses two-year target
SAO PAULO, Dec 28 (Reuters) - Brazil's state-run oil
company, Petroleo Brasileiro SA, on Wednesday
announced the sale of ethanol and petrochemicals assets for $587
million, but said it would still...
Read more
company, Petroleo Brasileiro SA, on Wednesday
announced the sale of ethanol and petrochemicals assets for $587
million, but said it would still...
Read more
UPDATE 1-U.S. FTC requires divestitures in $13.53 bln Boehringer-Sanofi deal
WASHINGTON, Dec 28 (Reuters) - German pharmaceutical company
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would...
Read more
Boehringer Ingelheim agreed to divest five types of animal
health products to settle charges that a proposed asset swap
with Sanofi would...
Read more
Brazil's Itaú Unibanco buys 40 pct of Banco Itaú BMG for 1.46 bln reais
SAO PAULO, Dec 28 (Reuters) - Brazil's largest private bank,
Itaú Unibanco Holding SA has completed the acquisition of 40
percent of Banco Itaú BMG Consignado SA, specialized in payroll
loans, for...
Read more
Itaú Unibanco Holding SA has completed the acquisition of 40
percent of Banco Itaú BMG Consignado SA, specialized in payroll
loans, for...
Read more
CD&R clinches $6 billion for latest private equity fund -sources
Dec 28 (Reuters) - Clayton Dubilier & Rice LLC (CD&R) is
close to securing $6 billion from investors for its latest
private equity fund, just a little more than two months after it
began fundraising...
Read more
close to securing $6 billion from investors for its latest
private equity fund, just a little more than two months after it
began fundraising...
Read more
BRIEF-Shell Midstream Partners acquires interests in three Gulf of Mexico pipelines
* Shell Midstream Partners LP says acquisition was funded
with borrowings under shell midstream partners' revolving credit
facilities
Read more
with borrowings under shell midstream partners' revolving credit
facilities
Read more
Croatia's Atlantic sees limits to growth in Yugo-nostalgia
BELGRADE/ZAGREB, Dec 28 (Reuters) - Croatian consumer group
Atlantic Grupa is seeking an acquisition in western
Europe as it outgrows a former Yugoslav market it has pieced
back together with iconic...
Read more
Atlantic Grupa is seeking an acquisition in western
Europe as it outgrows a former Yugoslav market it has pieced
back together with iconic...
Read more
Russia's Usmanov says could revive plans for national metals and mining giant
MOSCOW, Dec 28 (Reuters) - Alisher Usmanov, the co-owner of
iron ore producer Metalloinvest, said on Wednesday he
did not rule out a return to the idea of creating a national
metals and mining giant...
Read more
iron ore producer Metalloinvest, said on Wednesday he
did not rule out a return to the idea of creating a national
metals and mining giant...
Read more
BRIEF-Brown Gibbons Lang & Co announces sale of Snappy Co
* Announces sale of Snappy Co to M&M Manufacturing, a
subsidiary of Mitek Industries, owned by Berkshire Hathaway
Read more
subsidiary of Mitek Industries, owned by Berkshire Hathaway
Read more
BRIEF-Largo Resources Ltd. announces execution of new Brazilian bank facility
* Largo Resources - 2017 facility will be used for payment
of principal and interest falling due during 2017 on existing
loan from brazilian development bank
Read more
of principal and interest falling due during 2017 on existing
loan from brazilian development bank
Read more
Deals of the day-Mergers and acquisitions
Dec 28 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1130 GMT on Wednesday:
Read more
and disposals were reported by 1130 GMT on Wednesday:
Read more
Colombian group buys stake in Brazil power company Taesa for 1 bln reais
SAO PAULO, Dec 28 (Reuters) - Two of three shareholders
sharing control of Transmissora Aliança de Energia Elétrica SA
have agreed to sell their stake in the Brazilian
power transmission company to...
Read more
sharing control of Transmissora Aliança de Energia Elétrica SA
have agreed to sell their stake in the Brazilian
power transmission company to...
Read more
Atlantic pursues fresh acquisition in western Europe
BELGRADE, Dec 28 (Reuters) - Croatia's Atlantic Grupa
is working on an acquisition in western Europe as its
room for growth in the former Yugoslavia becomes limited,
founder and Chief Executive Emil...
Read more
is working on an acquisition in western Europe as its
room for growth in the former Yugoslavia becomes limited,
founder and Chief Executive Emil...
Read more
Intesa draws bidder shortlist for 2.5 bln euro bad loan sale - sources
MILAN, Dec 28 (Reuters) - Intesa Sanpaolo has
included Apollo Global Management, Cerberus and
Christofferson Robb & Company in a short list of bidders for a
2.5 billion euro ($2.61 billion) bad loan...
Read more
included Apollo Global Management, Cerberus and
Christofferson Robb & Company in a short list of bidders for a
2.5 billion euro ($2.61 billion) bad loan...
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec 28
Dec 28 (Reuters) - Britain's FTSE 100 index is seen opening 0.07
percent higher on Wednesday after a four-day Christmas break, according to
financial bookmakers, with futures up 0.1 percent ahead of...
Read more
percent higher on Wednesday after a four-day Christmas break, according to
financial bookmakers, with futures up 0.1 percent ahead of...
Read more
Tuesday, December 27, 2016
PRESS DIGEST - Wall Street Journal - Dec 28
Dec 28 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Nikkei flat in thin trade; Toshiba dives as Hitachi soars
TOKYO, Dec 28 (Reuters) - Japan's Nikkei share average was
flat on Wednesday morning in thin end-of-year trade, while
Toshiba Corp tumbled 20 percent on continued concerns
about posting a big special...
Read more
flat on Wednesday morning in thin end-of-year trade, while
Toshiba Corp tumbled 20 percent on continued concerns
about posting a big special...
Read more
PRESS DIGEST- British Business - Dec 28
Dec 28 (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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-Hitachi considering selling power tools unit Hitachi Koki
TOKYO, Dec 28 (Reuters) - Hitachi Ltd said on
Wednesday it was considering selling Hitachi Koki Co,
after a media report that it was in talks to offload the power
tools unit to KKR & Co for more than...
Read more
Wednesday it was considering selling Hitachi Koki Co,
after a media report that it was in talks to offload the power
tools unit to KKR & Co for more than...
Read more
Hitachi Koki share trade halted after report it will be sold to KKR
TOKYO, Dec 28 (Reuters) - Trade in Hitachi Koki Co
shares was suspended by the Tokyo Stock Exchange on Wednesday
morning after a report that private equity firm KKR & Co
will buy the Japanese power...
Read more
shares was suspended by the Tokyo Stock Exchange on Wednesday
morning after a report that private equity firm KKR & Co
will buy the Japanese power...
Read more
Hitachi says considering selling power tools unit Hitachi Koki
TOKYO, Dec 28 (Reuters) - Hitachi Ltd said on
Wednesday it was considering selling Hitachi Koki Co,
after a media report that it was in talks to offload the power
tools unit to KKR & Co for more than...
Read more
Wednesday it was considering selling Hitachi Koki Co,
after a media report that it was in talks to offload the power
tools unit to KKR & Co for more than...
Read more
UPDATE 3-Abbott gets U.S. antitrust approval to buy St. Jude Medical
WASHINGTON, Dec 27 (Reuters) - Healthcare company Abbott
Laboratories has won U.S. antitrust approval for its
proposed $25 billion acquisition of medical device maker St.
Jude Medical Inc, the U.S....
Read more
Laboratories has won U.S. antitrust approval for its
proposed $25 billion acquisition of medical device maker St.
Jude Medical Inc, the U.S....
Read more
BRIEF-Neogen says acquired Brazil-based Rogama Industria e Comercio Ltda
* Neogen - on December 27, 2016, Neogen Corporation annouced
that it has acquired Brazil-based Rogama Industria e Comercio
Ltda
Read more
that it has acquired Brazil-based Rogama Industria e Comercio
Ltda
Read more
BRIEF-Capnia to pay Essentialis $750,000 if merger is terminated - SEC filing
* Capnia - under merger agreement co to pay Essentialis
termination fee of $750,000 under specified circumstances - SEC
filing
Read more
termination fee of $750,000 under specified circumstances - SEC
filing
Read more
Telefónica Brasil, executive settle dismissal dispute
SAO PAULO, Dec 27 (Reuters) - Telefonica Brasil SA
and former senior executive Cristina Duclos have
agreed to settle a dispute over her dismissal, saying there were
no irregular contracting...
Read more
and former senior executive Cristina Duclos have
agreed to settle a dispute over her dismissal, saying there were
no irregular contracting...
Read more
Abbott gets U.S. antitrust approval to buy St. Jude Medical
WASHINGTON, Dec 27 (Reuters) - Healthcare company Abbott
Laboratories has won U.S. antitrust approval for its
proposed purchase of medical device maker St. Jude Medical Inc
, the Federal Trade...
Read more
Laboratories has won U.S. antitrust approval for its
proposed purchase of medical device maker St. Jude Medical Inc
, the Federal Trade...
Read more
BRIEF-Mentor Graphics received notice from FTC of early termination
* Mentor graphics-on Dec 22 received notice from ftc of
early termination, effective immediately for pending acquisition
of co by Siemens industry
Source text http://bit.ly/2imMBAk
Further company...
Read more
early termination, effective immediately for pending acquisition
of co by Siemens industry
Source text http://bit.ly/2imMBAk
Further company...
Read more
BRIEF-Fred's Pharmacy unanimously adopts shareholder rights plan
* Fred's inc - after fred's observed "unusual and
substantial activity in company's shares", board unanimously
adopted rights plan
Read more
substantial activity in company's shares", board unanimously
adopted rights plan
Read more
Fred's adopts poison pill after Alden Global announces stake
Dec 27 (Reuters) - Discount store operator Fred's Inc
adopted a poison pill, less than a week after hedge
fund Alden Global Capital LLC reported a 24.8 percent stake in
the company.
Read more
adopted a poison pill, less than a week after hedge
fund Alden Global Capital LLC reported a 24.8 percent stake in
the company.
Read more
BRIEF-Cnova says Groupe Casino offers to purchase all outstanding ordinary shares of co
* Cnova NV-co said Casino Guichard-Perrachon SA commenced an
offer to acquire for cash all outstanding shares of Cnova,
nominal value EUR 0.05 per share in U.S.
Read more
offer to acquire for cash all outstanding shares of Cnova,
nominal value EUR 0.05 per share in U.S.
Read more
UPDATE 1-Chinese investors buy stake in mapping firm HERE
* Tencent to use HERE's services in its products
(Adds further details on transaction, background)
Read more
(Adds further details on transaction, background)
Read more
NavInfo, Tencent, GIC buy 10 pct stake in mapping firm HERE
FRANKFURT, Dec 27 (Reuters) - Chinese mapping company
NavInfo, internet services group Tencent
and Singapore sovereign wealth fund GIC are jointly buying a 10
percent stake in digital maps company...
Read more
NavInfo, internet services group Tencent
and Singapore sovereign wealth fund GIC are jointly buying a 10
percent stake in digital maps company...
Read more
Monday, December 26, 2016
Spain's property market goes through the roof
MADRID, Dec 27 (Reuters) - According to a Spanish proverb,
it is a bad idea to start building a house from the roof. But
that is just what a Spanish firm is doing -- and business is
booming.
Read more
it is a bad idea to start building a house from the roof. But
that is just what a Spanish firm is doing -- and business is
booming.
Read more
Toshiba sees loss of about 100 bln yen on U.S. nuclear power acquisition - Nikkei
Dec 27 (Reuters) - Electronics giant Toshiba Corp
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last...
Read more
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last...
Read more
Saudi's Sadara to start maintenance on mixed-feed cracker
DUBAI, Dec 27 (Reuters) - Saudi Arabia's Sadara Basic
Services, fully owned by Sadara Chemical Co , said
it would start on Wednesday planned maintenance of a mixed-feed
cracker at its parent...
Read more
Services, fully owned by Sadara Chemical Co , said
it would start on Wednesday planned maintenance of a mixed-feed
cracker at its parent...
Read more
Enterprise Holdings Inc buys 20 pct of Brazil's Unidas
SAO PAULO, Dec 26 (Reuters) - Enterprise Holdings Inc
has bought a 20 percent stake in Brazilian car rental
service Unidas SA, the Brazilian company said in a
securities filing on Monday.
Read more
has bought a 20 percent stake in Brazilian car rental
service Unidas SA, the Brazilian company said in a
securities filing on Monday.
Read more
Israel's Delek Drilling, Avner Oil approve merger
JERUSALEM, Dec 25 (Reuters) - Israeli conglomerate Delek
Group's gas and oil exploration units, Delek Drilling
and Avner Oil Exploration, approved a merger aimed at reducing
costs and attracting new...
Read more
Group's gas and oil exploration units, Delek Drilling
and Avner Oil Exploration, approved a merger aimed at reducing
costs and attracting new...
Read more
Sunday, December 25, 2016
Friday, December 23, 2016
BRIEF-Halliburton announces regulatory filing in connection with potential acquisition
* Held discussions with various shareholders of Novomet
regarding potential acquisition, including possibility of
acquiring up to 100% of company
Read more
regarding potential acquisition, including possibility of
acquiring up to 100% of company
Read more
BRIEF-Aina Le'a Inc- no termination fees regarding termination of merger agreement with Origo Acquisition Corporation
* Aina Le'a Inc- there are no termination fees in connection
with termination of merger agreement with Origo Acquisition
Corporation
Source text: (http://bit.ly/2hRj3x2)
Further company coverage:
Read more
with termination of merger agreement with Origo Acquisition
Corporation
Source text: (http://bit.ly/2hRj3x2)
Further company coverage:
Read more
Venezuela's PDVSA uses 49.9 pct Citgo stake as loan collateral
CARACAS, Dec 23 (Reuters) - Venezuelan state oil company
PDVSA said on Friday it has used 49.9 percent of its
shares in U.S. subsidiary Citgo as collateral for
loan financing, two months after having...
Read more
PDVSA said on Friday it has used 49.9 percent of its
shares in U.S. subsidiary Citgo as collateral for
loan financing, two months after having...
Read more
BRIEF-Basic energy services successfully completes prepackaged restructuring, emerges from chapter 11
* Basic Energy Services successfully completes prepackaged
restructuring and emerges from Chapter 11 with $125 million of
new capital and debt level reduced by $775 million
Read more
restructuring and emerges from Chapter 11 with $125 million of
new capital and debt level reduced by $775 million
Read more
BRIEF-Dealnet executes agreement to acquire $29 mln finance receivable portfolio
* Total consideration for portfolio to consist of cash
payment on closing of $22.5 million, issuance of 12.5 million
shares valued at $6.7 million
Read more
payment on closing of $22.5 million, issuance of 12.5 million
shares valued at $6.7 million
Read more
Caesars unit's creditors agree new recovery terms - court filing
CHICAGO, Dec 23 (Reuters) - Creditors of Caesars
Entertainment Corp's bankrupt operating unit have
reached an agreement to revise the terms of their recoveries,
according to a filing with the U.S....
Read more
Entertainment Corp's bankrupt operating unit have
reached an agreement to revise the terms of their recoveries,
according to a filing with the U.S....
Read more
BRIEF-Align Technology enters agreement to buy four parcels of real estate
* On Dec. 19 co,LBA RIV-COMPANY entered into a purchase and
sale agreement for purchase by company of four parcels of real
estate
Read more
sale agreement for purchase by company of four parcels of real
estate
Read more
UPDATE 1-Orascom aims for two of nine seats on board of Brazil's Oi
SAO PAULO, Dec 23 (Reuters) - Orascom TMT Investments SARL
will have two of nine seats on Oi SA's board if its
binding offer to buy the Brazilian telephone carrier succeeds,
Karim Nasr, the executive...
Read more
will have two of nine seats on Oi SA's board if its
binding offer to buy the Brazilian telephone carrier succeeds,
Karim Nasr, the executive...
Read more
Deutsche rises on U.S. mortgage fraud deal, European shares steady
* NN Group, JCDecaux gain on merger deals
(Recasts, adds detail and updates prices at close)
Read more
(Recasts, adds detail and updates prices at close)
Read more
Orascom aims at two out of nine seats of Brazil's Oi
SAO PAULO, Dec 23 (Reuters) - Orascom TMT Investments SARL
will have two out of nine seats on the board of Brazilian
telephone carrier Oi SA if its binding offer to buy
the company is successful,...
Read more
will have two out of nine seats on the board of Brazilian
telephone carrier Oi SA if its binding offer to buy
the company is successful,...
Read more
UPDATE 1-Bonanza Creek, other U.S. energy firms announce Chapter 11 plans
Dec 23 (Reuters) - Bonanza Creek Energy Inc and two
other energy firms announced on Friday plans to file for
bankruptcy in coming weeks, joining a long list of U.S. energy
companies that have...
Read more
other energy firms announced on Friday plans to file for
bankruptcy in coming weeks, joining a long list of U.S. energy
companies that have...
Read more
EU mergers and takeovers (Dec 23)
BRUSSELS, Dec 23 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
Ukraine expects IMF decision on next loan tranche by end of January
KIEV, Dec 23 (Reuters) - Ukraine expects to conclude talks
with the International Monetary Fund (IMF) about the next
tranche of a $17.5 billion loan by the end of January 2017,
Finance Minister...
Read more
with the International Monetary Fund (IMF) about the next
tranche of a $17.5 billion loan by the end of January 2017,
Finance Minister...
Read more
UPDATE 1-Advent buys Brazilian university Cesuca, mulls new acquisitions for 2017
SAO PAULO, Dec 23 (Reuters) - Advent International Corp and
its FSG Brazilian education company purchased Brazil's Faculdade
Cesuca university in Rio Grande do Sul state for an undisclosed
price, the...
Read more
its FSG Brazilian education company purchased Brazil's Faculdade
Cesuca university in Rio Grande do Sul state for an undisclosed
price, the...
Read more
BRIEF-Oncobiologics issues $8.35 mln senior secured notes, warrants
* Used a portion of proceeds from sale of notes to pay off
its existing senior secured bank loans
Read more
its existing senior secured bank loans
Read more
Advent buys Brazil's Faculdade Cesuca in Rio Grande do Sul state
SAO PAULO, Dec 23 (Reuters) - U.S. buyout firm Advent
International Corp. and its Brazilian education company FSG
bought Brazil's Faculdade Cesuca, in Rio Grande do Sul state,
for an undisclosed...
Read more
International Corp. and its Brazilian education company FSG
bought Brazil's Faculdade Cesuca, in Rio Grande do Sul state,
for an undisclosed...
Read more
BRIEF-Strongbridge Biopharma announces acquisition of U.S. rights to Keveyis from Taro
* Strongbridge Biopharma Plc says taro is also eligible to
receive additional future payments upon achievement of certain
sales unit milestones
Read more
receive additional future payments upon achievement of certain
sales unit milestones
Read more
CORRECTED-UPDATE 2-Dutch insurer NN to buy smaller rival Delta Lloyd for 2.5 bln euros
AMSTERDAM, Dec 23 (Reuters) - Dutch insurer Delta Lloyd
has reached agreement to be taken over by bigger rival
NN Group, the two companies announced on Friday, after
NN nudged up its earlier...
Read more
has reached agreement to be taken over by bigger rival
NN Group, the two companies announced on Friday, after
NN nudged up its earlier...
Read more
BRIEF-Memorial Production Partners announces plan support agreement
* Memorial Production Partners - Entered into plan support
deal with holders of 50.2% of partnership's 7.625% senior notes
due 2021
Read more
deal with holders of 50.2% of partnership's 7.625% senior notes
due 2021
Read more
BRIEF-Pluristem, Innovative Medical Management agree to extend time to execute definitive investment agreements
* Pluristem Therapeutics - parties plan to continue
discussions until they receive further clarification about
policies, expected during first half of 2017
Read more
discussions until they receive further clarification about
policies, expected during first half of 2017
Read more
BRIEF-Hemostemix announces reorganization
* Says execution of a management contractor agreement with
Drive Capital Inc dated December 16
Read more
Drive Capital Inc dated December 16
Read more
Indonesia, Philippine groups acquire Chevron's $3 bln geothermal assets
MANILA, Dec 23 (Reuters) - Philippine property to banking
conglomerate Ayala Corp said on Friday two groups of
companies in which its energy unit has stakes will acquire
Chevron's geothermal assets...
Read more
conglomerate Ayala Corp said on Friday two groups of
companies in which its energy unit has stakes will acquire
Chevron's geothermal assets...
Read more
BRIEF-Compagnie Plastic Omnium receives binding offer for certain Faurecia Auto Exterior's assets
* Receives a binding offer for the sale of certain Faurecia
Auto Exterior's assets concerned by the decision of the European
Commission
Read more
Auto Exterior's assets concerned by the decision of the European
Commission
Read more
Thursday, December 22, 2016
REFILE- Belgium's Ontex to acquire Hypermarcas personal hygiene business
Dec 22 (Reuters) - Belgium's Ontex Group NV said
it has entered into an agreement to acquire the personal hygiene
business of Brazil's Hypermarcas SA for an enterprise
value of 1 billion reais...
Read more
it has entered into an agreement to acquire the personal hygiene
business of Brazil's Hypermarcas SA for an enterprise
value of 1 billion reais...
Read more
BRIEF-Kiska Metals to be acquired by AuRico
* Kiska Metals Corp - under terms, holders of Kiska shares
to receive about 0.0667 of Aurico common share plus c$0.016 in
cash for each Kiska share held
Read more
to receive about 0.0667 of Aurico common share plus c$0.016 in
cash for each Kiska share held
Read more
UPDATE 1-Australia's Tatts rejects KKR-backed bid as inferior to Tabcorp's
SYDNEY, Dec 23 (Reuters) - Australia's Tatts on
Friday rejected a takeover bid worth up to A$7.3 billion ($5.27
billion) from a consortium backed by KKR and Macquarie
Group, saying it preferred an...
Read more
Friday rejected a takeover bid worth up to A$7.3 billion ($5.27
billion) from a consortium backed by KKR and Macquarie
Group, saying it preferred an...
Read more
BRIEF-Peabody Energy files plan of reorganization, disclosure statement
* Filed its plan of reorganization and disclosure statement
with U.S. Bankruptcy court for Eastern district of Missouri
Read more
with U.S. Bankruptcy court for Eastern district of Missouri
Read more
CBOE's longtime chairman Brodsky to step down after Bats deal
CHICAGO, Dec 22 (Reuters) - CBOE Holdings Inc
Chairman Bill Brodsky will step down after two decades leading
the board when the exchange operator closes a planned $3.2
billion deal for Bats Global...
Read more
Chairman Bill Brodsky will step down after two decades leading
the board when the exchange operator closes a planned $3.2
billion deal for Bats Global...
Read more
BRIEF-Clairvest Group acquires shares of Discovery Air
* Acquired 4.2 million common shares of Discovery Air, about
5.1% of Discovery's current issued, outstanding common shares at
$0.20 per share
Read more
5.1% of Discovery's current issued, outstanding common shares at
$0.20 per share
Read more
Deals of the day-Mergers and acquisitions
Dec 22 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Thursday:
Read more
and disposals were reported by 2100 GMT on Thursday:
Read more
BRIEF-Easterly Acquisition Corp. reports intent to adjourn special meeting of stockholders
* Easterly Acquisition Corp- Easterly intends to reconvene
special meeting at 10:00 a.m., eastern time, on December 30,
2016
Read more
special meeting at 10:00 a.m., eastern time, on December 30,
2016
Read more
BRIEF-Blackstone in talks to take stake in assets of Energy Transfer Partners - CNBC, citing DJ
* Blackstone in talks to take stake in assets of Energy
Transfer Partners; deal could be valued around $5 billion -
CNBC, citing DJ
Read more
Transfer Partners; deal could be valued around $5 billion -
CNBC, citing DJ
Read more
UPDATE 1-Alitalia agrees short-term funding deal to keep airline going
ROME, Dec 22 (Reuters) - Italy's Alitalia has approved a
short-term financing deal and a new industrial plan that will
include job cuts, it said on Thursday, as the loss-making
flagship carrier steps...
Read more
short-term financing deal and a new industrial plan that will
include job cuts, it said on Thursday, as the loss-making
flagship carrier steps...
Read more
BRIEF-Carolina Bank Holdings says shareholders approve merger with First Bancorp
* First Bancorp and Carolina Bank Holdings have received
approval for merger from North Carolina commissioner of banks
Read more
approval for merger from North Carolina commissioner of banks
Read more
BRIEF-Columbus McKinnon announces European Commission approval for STAHL CraneSystems acquisition
* Konecranes PLC has received approval from European
Commission regarding Columbus McKinnon's acquisition of STAHL
CraneSystems
Read more
Commission regarding Columbus McKinnon's acquisition of STAHL
CraneSystems
Read more
BRIEF-Terreno Realty Corp acquires building in Lanham, MD for $6.7 mln
* Terreno Realty Corporation acquires building in Lanham, MD
for $6.7 million
Source text for Eikon:
Further company coverage:
Read more
for $6.7 million
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Tokai pharmaceuticals inc says under terms of deal co may be required to pay Otic termination fee of $1 million
* Tokai Pharmaceuticals Inc says co may be required to pay
Otic a termination fee of $1 million, or Otic may be required to
pay co termination fee of $1.5 million
Source text for Eikon:
Further...
Read more
Otic a termination fee of $1 million, or Otic may be required to
pay co termination fee of $1.5 million
Source text for Eikon:
Further...
Read more
BRIEF-IAMGOLD signs agreement to acquire 100 pct of Merrex Gold
* Transaction will proceed by way of a court-approved plan
of arrangement under business corporations act
Read more
of arrangement under business corporations act
Read more
UPDATE 1-Ericsson media head sees sales lift from telecoms-media consolidation
STOCKHOLM, Dec 22 (Reuters) - Ericsson sees more
tie-ups between telecom operators and media companies after AT&T
Inc's planned acquisition of Time Warner Inc,
offering some hope for the no-growth...
Read more
tie-ups between telecom operators and media companies after AT&T
Inc's planned acquisition of Time Warner Inc,
offering some hope for the no-growth...
Read more
Brazil's Hypermarcas confirms talks to sell diaper unit to Ontex
SAO PAULO, Dec 22 (Reuters) - Hypermarcas SA,
Brazil's largest producer of generic drugs, confirmed on
Thursday it is in talks to sell its diaper business to Belgium's
Ontex Group NV.
Read more
Brazil's largest producer of generic drugs, confirmed on
Thursday it is in talks to sell its diaper business to Belgium's
Ontex Group NV.
Read more
Japan's Mitsui to sell part of Marcellus assets stake for $207 mln
TOKYO, Dec 22 (Reuters) - Japanese trading house Mitsui & Co
said on Thursday it has agreed to sell a part of its
stake in the Marcellus shale gas project in the United States to
Alta Resources...
Read more
said on Thursday it has agreed to sell a part of its
stake in the Marcellus shale gas project in the United States to
Alta Resources...
Read more
BRIEF-Ontex confirms talks over possible acquisition of Hypermarcas in Brazil
* Ontex confirms discussions regarding possible acquisition of the personal hygiene business
of Hypermarcas, in Brazil
Read more
of Hypermarcas, in Brazil
Read more
Wednesday, December 21, 2016
BRIEF-Harvest Natural Resources announces agreement to sell interests in Gabon
* Says BW Energy Gabon will pay HNR Energia $32 million in
cash for interest, subject to certain adjustments.
Read more
cash for interest, subject to certain adjustments.
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec. 22
Dec 22 (Reuters) - Britain's FTSE 100 futures were down 0.18 percent
on Thursday ahead of the cash market open.
Read more
on Thursday ahead of the cash market open.
Read more
UPDATE 1-Brazil's Hypermarcas to sell diaper unit to Ontex, source says
SAO PAULO, Dec 22 (Reuters) - Hypermarcas SA,
Brazil's most diversified pharmaceutical firm, has agreed to
sell a diaper business to Belgium's Ontex Group NV
for about 1 billion reais ($300 million)...
Read more
Brazil's most diversified pharmaceutical firm, has agreed to
sell a diaper business to Belgium's Ontex Group NV
for about 1 billion reais ($300 million)...
Read more
Brazil's Hypermarcas to sell diaper unit to Ontex -source
SAO PAULO, Dec 21 (Reuters) - Hypermarcas SA, Brazil's most
diversified pharmaceutical firm, has agreed to sell a diaper
business to Belgium's Ontex Group NV for about 1
billion reais ($300 million)...
Read more
diversified pharmaceutical firm, has agreed to sell a diaper
business to Belgium's Ontex Group NV for about 1
billion reais ($300 million)...
Read more
UPDATE 2-Icahn tapped as Trump's special adviser on regulatory issues
Dec 21 (Reuters) - Billionaire Carl Icahn will advise Donald
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team...
Read more
Trump on rescinding what the activist investor called "excessive
regulation" on U.S. businesses, the president-elect's transition
team...
Read more
BRIEF-ESW Capital says enters into agreement to acquire preferred shares, warrant of Redknee Solutions
* ESW Capital, LLC enters into agreement to acquire
preferred shares and warrant of Redknee Solutions Inc.
Read more
preferred shares and warrant of Redknee Solutions Inc.
Read more
Berkshire Partners to buy stake in Kendra Scott
NEW YORK, Dec 21 (Reuters) - Private equity firm Berkshire
Partners LLC said on Wednesday it would acquire a significant
minority stake in Kendra Scott Design Inc, in a deal that
sources said values...
Read more
Partners LLC said on Wednesday it would acquire a significant
minority stake in Kendra Scott Design Inc, in a deal that
sources said values...
Read more
UPDATE 2-Hershey names COO Michele Buck as chief executive
Dec 21 (Reuters) - U.S. chocolate maker Hershey Co
named Chief Operating Officer Michele Buck as its chief
executive and president, pinning its hopes on a company veteran
to build on a recovery in...
Read more
named Chief Operating Officer Michele Buck as its chief
executive and president, pinning its hopes on a company veteran
to build on a recovery in...
Read more
Trump win ignites hope for stalled Alaska copper, gold mine
VANCOUVER, Dec 21 (Reuters) - A small Canadian miner is
confident Donald Trump's U.S. presidential win will let it
proceed with an application for a copper and gold mine in Alaska
that has been...
Read more
confident Donald Trump's U.S. presidential win will let it
proceed with an application for a copper and gold mine in Alaska
that has been...
Read more
UPDATE 1-Viacom unit head overseeing MTV, Comedy Central to leave
SAN FRANCISCO/NEW YORK Dec 21 (Reuters) - Longtime Viacom
Inc executive Doug Herzog, who oversees the networks
Comedy Central and MTV, is leaving the company next month,
according to a memo to...
Read more
Inc executive Doug Herzog, who oversees the networks
Comedy Central and MTV, is leaving the company next month,
according to a memo to...
Read more
BRIEF-Spectra Energy says CFIUS concludes review of combination of co and Enbridge
* Spectra Energy - Notice from CFIUS, has concluded review
of combination of company and Enbridge - SEC filing
Read more
of combination of company and Enbridge - SEC filing
Read more
UPDATE 1-Actelion re-enters talks with J&J in takeover twist
ZURICH, Dec 21 (Reuters) - The takeover battle surrounding
Actelion heated up on Wednesday when the Swiss biotech
company said it had begun exclusive talks with former suitor
Johnson & Johnson about...
Read more
Actelion heated up on Wednesday when the Swiss biotech
company said it had begun exclusive talks with former suitor
Johnson & Johnson about...
Read more
UPDATE 1-Alfa Laval, Honeywell bid for air treatment firm Munters - sources
FRANKFURT/LONDON, Dec 21 (Reuters) - Alfa Laval
and Honeywell are bidding for private equity-owned
Swedish air treatment group Munters in a potential 10 billion
Swedish crown ($1.1 billion) deal,...
Read more
and Honeywell are bidding for private equity-owned
Swedish air treatment group Munters in a potential 10 billion
Swedish crown ($1.1 billion) deal,...
Read more
BRIEF-Orex Exploration establishes special committee of board
* Special committee to review and analyse all strategic and
financial alternatives available to company
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
financial alternatives available to company
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +91 806 749 1136)
Read more
BRIEF-Euroseas announces acquisition of Newbuilding Ultramax Drybulk Carrier
* Euroseas Ltd - vessel is expected to be delivered to
company in January 2017 subject to a successful inspection by
company by December 27, 2016
Read more
company in January 2017 subject to a successful inspection by
company by December 27, 2016
Read more
BRIEF-Invensense to pay TDK Corp $46.7 mln upon termination of deal
* Invensense - agreement also provides, upon termination of
merger agreement under specified circumstances, TDK to pay co a
termination fee of $46.7 million
Read more
merger agreement under specified circumstances, TDK to pay co a
termination fee of $46.7 million
Read more
RPT-Investors see Biogen CEO choice as friendly to potential takeover
NEW YORK, Dec 21 (Reuters) - The surprise selection of
Michel Vounatsos to run Biogen Inc signals a shift
toward a more commercial management focus after years of
targeting ambitious scientific...
Read more
Michel Vounatsos to run Biogen Inc signals a shift
toward a more commercial management focus after years of
targeting ambitious scientific...
Read more
BRIEF-Public tender offer by TDK subsidiary EPCOS to acquire Tronics successful
* Public tender offer by TDK subsidiary EPCOS to acquire
Tronics successful
Source text for Eikon:
Further company coverage:
Read more
Tronics successful
Source text for Eikon:
Further company coverage:
Read more
Japan's TDK to buy U.S. chip maker InvenSense for $1.3 bln
TOKYO, Dec 21 (Reuters) - Japanese electronic parts maker
TDK Corp said it had agreed to buy InvenSense Inc
, a U.S. chip maker that produces motion sensors for
Apple Inc and Samsung Electronics Co,...
Read more
TDK Corp said it had agreed to buy InvenSense Inc
, a U.S. chip maker that produces motion sensors for
Apple Inc and Samsung Electronics Co,...
Read more
BRIEF-TDK to fully acquire InvenSense via unit for $1.33 bln
* Says it plans to use $1.33 billion to buy a 100 percent
stake of shares in InvenSense Inc, via co's unit TDK
U.S.A. Corporation, in Q2 of fiscal year ending March 31, 2018
Read more
stake of shares in InvenSense Inc, via co's unit TDK
U.S.A. Corporation, in Q2 of fiscal year ending March 31, 2018
Read more
India's Reliance Comm signs binding pact with Brookfield for $1.6 bln tower stake sale
MUMBAI, Dec 21 (Reuters) - Indian telecommunications carrier
Reliance Communications Ltd said on Wednesday it had
signed a binding pact with Canada's Brookfield Infrastructure
for selling a stake in...
Read more
Reliance Communications Ltd said on Wednesday it had
signed a binding pact with Canada's Brookfield Infrastructure
for selling a stake in...
Read more
UK public's long-term inflation expectations edge up-Citi/YouGov
LONDON, Dec 21 (Reuters) - The British public's long-term
expectation for inflation rose to 3 percent in December, a more
than two year high, according to a closely watched survey by
polling company...
Read more
expectation for inflation rose to 3 percent in December, a more
than two year high, according to a closely watched survey by
polling company...
Read more
Tuesday, December 20, 2016
Coca Cola buys African bottling from AB InBev for $3.15 bln
BRUSSELS, Dec 21 (Reuters) - Anheuser-Busch InBev
has agreed to sell its majority stake in Africa's largest Coke
bottler to the Coca Cola Company for $3.15 billion, the
final planned divestment...
Read more
has agreed to sell its majority stake in Africa's largest Coke
bottler to the Coca Cola Company for $3.15 billion, the
final planned divestment...
Read more
PRESS DIGEST- New York Times business news - Dec 21
Dec 21 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 1-Ukrainian MPs pass 2017 budget to boost IMF aid hopes
KIEV, Dec 21 (Reuters) - Ukraine's parliament approved a
budget for 2017 on Wednesday, raising its chance of securing
more aid from the International Monetary Fund under a $17.5
billion loan package.
Read more
budget for 2017 on Wednesday, raising its chance of securing
more aid from the International Monetary Fund under a $17.5
billion loan package.
Read more
Ukraine parliament approves 2017 budget
KIEV, Dec 21 (Reuters) - Ukraine's parliament approved a
budget for 2017 on Wednesday, raising its chance of securing
more aid from the International Monetary Fund under a $17.5
billion loan package.
Read more
budget for 2017 on Wednesday, raising its chance of securing
more aid from the International Monetary Fund under a $17.5
billion loan package.
Read more
BRIEF-Transglobe Energy Q4 production to meet, exceed guidance in Egypt
* Q4 production expected to meet or exceed guidance of
12,800 BOPD in Arab Republic of Egypt
Read more
12,800 BOPD in Arab Republic of Egypt
Read more
Kinder Morgan wins dismissal of $171 mln investor lawsuit
WILMINGTON, Del., Dec 20 (Reuters) - The Delaware Supreme
Court dismissed on Tuesday a $171 million investor lawsuit
against Kinder Morgan Inc stemming from the pipeline
operator's acquisition of El...
Read more
Court dismissed on Tuesday a $171 million investor lawsuit
against Kinder Morgan Inc stemming from the pipeline
operator's acquisition of El...
Read more
BRIEF-Cup Capital to execute definitive agreement for proposed qualifying transaction with GBT GmbH
* Deemed value ascribed to Cup shall be $0.64 per share,
deemed value ascribed to GBLT shall be C$60 million plus 120 pct
of gross proceeds of GBLT financing
Read more
deemed value ascribed to GBLT shall be C$60 million plus 120 pct
of gross proceeds of GBLT financing
Read more
Investors see Biogen CEO choice as friendly to potential takeover
NEW YORK, Dec 20 (Reuters) - The surprise selection of
Michel Vounatsos to run Biogen Inc signals a shift
toward a more commercial management focus after years of
targeting ambitious scientific...
Read more
Michel Vounatsos to run Biogen Inc signals a shift
toward a more commercial management focus after years of
targeting ambitious scientific...
Read more
TPG Capital to acquire healthcare software provider Mediware
Dec 20 (Reuters) - Buyout firm TPG Capital LP has
agreed to acquire Mediware Information Systems Inc, a
healthcare technology company, from another private equity firm,
Thoma Bravo LLC.
Read more
agreed to acquire Mediware Information Systems Inc, a
healthcare technology company, from another private equity firm,
Thoma Bravo LLC.
Read more
BRIEF-Harris & Harris Group reports a proposed strategic restructuring
* Harris and Harris Group Inc - are recommending separation
of Harris & Harris Group, currently a business development co
into two distinct entities
Read more
of Harris & Harris Group, currently a business development co
into two distinct entities
Read more
BRIEF-Agilent Technologies to acquire Multiplicom N.V.
* Agilent Technologies Inc - Agilent is acquiring
Multiplicom for approximately EUR68 million in cash
Read more
Multiplicom for approximately EUR68 million in cash
Read more
Ukrainian MPs vote to guarantee all deposits at nationalised PrivatBank
KIEV, Dec 20 (Reuters) - Ukraine's parliament on Tuesday
passed a bill giving full state guarantees to individual
depositors in the country's largest lender, PrivatBank, a move
aimed at preventing...
Read more
passed a bill giving full state guarantees to individual
depositors in the country's largest lender, PrivatBank, a move
aimed at preventing...
Read more
FTC approves American Air Liquide plan to divest assets
WASHINGTON, Dec 20 (Reuters) - The U.S. Federal Trade
Commission said on Tuesday it had approved an application from
American Air Liquide Holdings Inc, a subsidiary of France's Air
Liquide SA, to...
Read more
Commission said on Tuesday it had approved an application from
American Air Liquide Holdings Inc, a subsidiary of France's Air
Liquide SA, to...
Read more
UPDATE 2-EU accuses Facebook of misleading it in WhatsApp takeover probe
BRUSSELS, Dec 20 (Reuters) - The European Commission has
charged Facebook Inc with providing misleading
information during its takeover of the online messaging service
WhatsApp, opening the company...
Read more
charged Facebook Inc with providing misleading
information during its takeover of the online messaging service
WhatsApp, opening the company...
Read more
UPDATE 3-Linde, Praxair agree outline for $65 bln merger and ambitious cost savings
* Eyeing $1 bln in annual synergies
(Rewrites top paragraphs, adds analyst comment, details on
antitrust divestments)
Read more
(Rewrites top paragraphs, adds analyst comment, details on
antitrust divestments)
Read more
Energy Future, senior creditors reach $800 mln bankruptcy deal
WILMINGTON, Del., Dec 20 (Reuters) - Energy Future Holdings
Corp and its senior creditors agreed to an $800 million deal
aimed at bringing the owner of Texas's largest network of power
lines works...
Read more
Corp and its senior creditors agreed to an $800 million deal
aimed at bringing the owner of Texas's largest network of power
lines works...
Read more
Braas Monier's board approves bonus share issue, special dividend
FRANKFURT, Dec 20 (Reuters) - Roof tile maker Braas Monier
said on Tuesday its board had approved plans to issue
3.9 million new shares to its stockholders and pay a special
dividend, part of its...
Read more
said on Tuesday its board had approved plans to issue
3.9 million new shares to its stockholders and pay a special
dividend, part of its...
Read more
UPDATE 1-Rite Aid to sell 865 stores to Fred's
Dec 20 (Reuters) - Rite Aid Corp said it would sell
865 stores to Fred's Inc for $950 million to satisfy
antitrust concerns over its proposed takeover by Walgreens Boots
Alliance Inc.
Read more
865 stores to Fred's Inc for $950 million to satisfy
antitrust concerns over its proposed takeover by Walgreens Boots
Alliance Inc.
Read more
BRIEF-Fred's Pharmacy to acquire 865 Rite Aid stores in $950 mln deal
* Fred's Inc - upon completion of acquisition, company will
operate acquired stores and will retain Rite Aid banner through
a 24-month transition
Read more
operate acquired stores and will retain Rite Aid banner through
a 24-month transition
Read more
Deal-making to drive 2017 Middle Eastern banking fee fest
DUBAI, Dec 20 (Reuters) - A Middle Eastern investment
banking fee bonanza should extend into 2017, spurred by a
combination of bond and share sales and mergers and acquisitions
as the region adjusts...
Read more
banking fee bonanza should extend into 2017, spurred by a
combination of bond and share sales and mergers and acquisitions
as the region adjusts...
Read more
UPDATE 1-Rio airport operator may pay overdue charges in installments -paper
SAO PAULO, Dec 20 (Reuters) - Brazil's government plans to
allow stakeholders in Rio de Janeiro's international airport to
pay overdue operating charges in monthly installments as
Congress considers...
Read more
allow stakeholders in Rio de Janeiro's international airport to
pay overdue operating charges in monthly installments as
Congress considers...
Read more
Miners sharpen marketing strategies in hunt for marginal gains
LONDON/SINGAPORE, Dec 20 (Reuters) - The world's big mining
groups are sharpening their marketing strategies in a
post-crisis scramble for even tiny increases in profit, seeking
marginal gains much...
Read more
groups are sharpening their marketing strategies in a
post-crisis scramble for even tiny increases in profit, seeking
marginal gains much...
Read more
Deals of the day-Mergers and acquisitions
Dec 20 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1100 GMT on Tuesday:
Read more
and disposals were reported by 1100 GMT on Tuesday:
Read more
UPDATE 1-Lloyds to buy MBNA from Bank of America for 1.9 bln pounds
* Lloyds says sees cost savings at around 100 mln stg/year
(Adds detail from statement, CEO quote, background, bullet
points)
Read more
(Adds detail from statement, CEO quote, background, bullet
points)
Read more
UPDATE 2-UK Stocks-Factors to watch on Dec 20
Dec 20 (Reuters) - Britain's FTSE 100 index is seen opening down
about 0.2 percent on Tuesday, according to financial bookmakers, with futures
down 0.04 percent ahead of the cash market open.
Read more
about 0.2 percent on Tuesday, according to financial bookmakers, with futures
down 0.04 percent ahead of the cash market open.
Read more
Monday, December 19, 2016
BRIEF-Great Panther Silver to acquire Coricancha Polymetallic Mine in Peru
* Great Panther will acquire Coricancha from Nyrstar for a
purchase price comprising US$0.1 million to be paid on closing
Read more
purchase price comprising US$0.1 million to be paid on closing
Read more
ChemChina extends public tender offers for Syngenta to March 2
ZURICH, Dec 20 (Reuters) - State-owned China National
Chemical Corp (ChemChina) on Tuesday said it has
extended its $43 billion cash offer for Swiss agrichemicals
group Syngenta AG to March 2, 2017.
Read more
Chemical Corp (ChemChina) on Tuesday said it has
extended its $43 billion cash offer for Swiss agrichemicals
group Syngenta AG to March 2, 2017.
Read more
PRESS DIGEST- British Business - Dec 20
Dec 20 (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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
BRIEF-Newmarket-Afton plans to finance acquisition of Aditivos Mexicanos
* Newmarket-Afton Mexico plans to finance acquisition of
Aditivos Mexicanos with available cash, draws under its existing
credit facilities
Source text for Eikon: [ID:http://bit.ly/2h3O00f]
Further...
Read more
Aditivos Mexicanos with available cash, draws under its existing
credit facilities
Source text for Eikon: [ID:http://bit.ly/2h3O00f]
Further...
Read more
UPDATE 1-Canada's CCL to buy UK-based Innovia for $842 mln
Dec 19 (Reuters) - Canadian label and packaging maker CCL
Industries Inc said it would buy Innovia Group, whose
unit is the supplier of Bank of England's new plastic five pound
note that has fallen...
Read more
Industries Inc said it would buy Innovia Group, whose
unit is the supplier of Bank of England's new plastic five pound
note that has fallen...
Read more
UPDATE 1-Icahn to sell American Railcar for up to $3.36 bln
Dec 19 (Reuters) - Icahn Enterprises LP said on
Monday it would sell wholly owned subsidiary American Railcar
Leasing LLC to SMBC Rail Services LLC in a deal based on an
enterprise value of $2.78...
Read more
Monday it would sell wholly owned subsidiary American Railcar
Leasing LLC to SMBC Rail Services LLC in a deal based on an
enterprise value of $2.78...
Read more
UPDATE 3-Vale agrees $2.5 bln sale of fertilizer business to Mosaic
SAO PAULO/BRASILIA Dec 19 (Reuters) - Brazil's Vale SA
on Monday agreed to sell part of its fertilizer
business to Mosaic Co for $2.5 billion to cut debt,
while giving Mosaic greater access to...
Read more
on Monday agreed to sell part of its fertilizer
business to Mosaic Co for $2.5 billion to cut debt,
while giving Mosaic greater access to...
Read more
Icahn to sell American Railcar to SMBC Rail
Dec 19 (Reuters) - Icahn Enterprises LP said on
Monday it would sell wholly owned subsidiary American Railcar
Leasing LLC to SMBC Rail Services LLC in a deal based on an
enterprise value of $2.78...
Read more
Monday it would sell wholly owned subsidiary American Railcar
Leasing LLC to SMBC Rail Services LLC in a deal based on an
enterprise value of $2.78...
Read more
Murdoch denies pressuring UK prime ministers ahead of Sky submission
LONDON, Dec 19 (Reuters) - Rupert Murdoch said on Monday he
had never asked a British prime minister for anything, seeking
to play down his influence ahead of what is likely to be a
politically...
Read more
had never asked a British prime minister for anything, seeking
to play down his influence ahead of what is likely to be a
politically...
Read more
BRIEF-Calamos founder John Calamos, CEO John Koudounis to acquire Calamos Asset Management
* Calamos Asset Management - has reached an agreement in
principle to be acquired by an entity formed by Mr. John Calamos
and Mr. John Koudounis
Read more
principle to be acquired by an entity formed by Mr. John Calamos
and Mr. John Koudounis
Read more
Deals of the day-Mergers and acquisitions
Dec 19 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1430 GMT on Monday:
Read more
and disposals were reported by 1430 GMT on Monday:
Read more
IMF: nationalising Ukraine's PrivatBank important for stability
KIEV, Dec 19 (Reuters) - The International Monetary Fund
said on Monday that the Ukrainian authorities' decision to
nationalise PrivatBank was an important step in their efforts to
safeguard...
Read more
said on Monday that the Ukrainian authorities' decision to
nationalise PrivatBank was an important step in their efforts to
safeguard...
Read more
Ukraine central bank: banks behaving normally after PrivatBank takeover
KIEV, Dec 19 (Reuters) - Ukrainian Deputy Central Bank
Governor Yakiv Smolii said on Monday that he did not see
higher-than-usual activity by clients of PrivatBank, adding that
business was normal in...
Read more
Governor Yakiv Smolii said on Monday that he did not see
higher-than-usual activity by clients of PrivatBank, adding that
business was normal in...
Read more
Ukraine president reassures depositors over PrivatBank nationalisation
KIEV, Dec 19 (Reuters) - Ukrainian President Petro
Poroshenko reassured depositors at PrivatBank on Monday that
their money was safe and that he had submitted a draft amendment
to parliament aimed at...
Read more
Poroshenko reassured depositors at PrivatBank on Monday that
their money was safe and that he had submitted a draft amendment
to parliament aimed at...
Read more
Medigene eyeing more immunotherapy deals after Bluebird pact
FRANKFURT, Dec 19 (Reuters) - German biotech firm Medigene
said it is drawing more interest from prospective
alliance partners for its technology to boost the immune
response to cancer after its...
Read more
said it is drawing more interest from prospective
alliance partners for its technology to boost the immune
response to cancer after its...
Read more
Ukraine declares largest lender insolvent, readies support
KIEV, Dec 19 (Reuters) - Ukraine declared the country's
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
UPDATE 1-Ukraine declares largest lender insolvent, readies support
KIEV, Dec 19 (Reuters) - Ukraine declared the country's
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
largest lender PrivatBank insolvent on Monday and said bringing
it under state ownership was the only way to protect the money
of 20 million...
Read more
Sunday, December 18, 2016
BRIEF-Mkango enters into agreement with Noble
* Mkango resources-entered agreement with noble resources
international, which will also allow noble to acquire up to a
12.5% interest in Mkango
Read more
international, which will also allow noble to acquire up to a
12.5% interest in Mkango
Read more
MIDEAST STOCKS - Factors to watch - Dec 19
Dec 19 (Reuters) - Here are some factors that may affect
Middle East stock markets on Monday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Monday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Ride-hailing firm Uber partners Indonesian taxi operator Express
JAKARTA, Dec 19 (Reuters) - Uber Technologies and
Indonesia's second-biggest taxi operator PT Express Transindo
Utama Tbk announced on Monday a partnership on
ride-sharing and vehicle financing.
Read more
Indonesia's second-biggest taxi operator PT Express Transindo
Utama Tbk announced on Monday a partnership on
ride-sharing and vehicle financing.
Read more
UPDATE 1-Fairfax Financial to buy Allied World for $4.9 billion in cash and stock
Dec 18 (Reuters) - Toronto-based insurance group Fairfax
Financial Holdings Ltd has agreed to buy Swiss insurer
Allied World Assurance Company Holdings AG for $4.9
billion in cash and stock, the...
Read more
Financial Holdings Ltd has agreed to buy Swiss insurer
Allied World Assurance Company Holdings AG for $4.9
billion in cash and stock, the...
Read more
BRIEF-Fairfax Financial to buy Allied World for $4.9 bln in cash and stock
* cash and share offer with dividend for total value of
$54.00 per Allied World share - $10.00 in cash and $44.00 in
Fairfax shares
Read more
$54.00 per Allied World share - $10.00 in cash and $44.00 in
Fairfax shares
Read more
Fairfax Financial to buy Allied World for $4.9 billion in cash-and-stock deal
Dec 18 (Reuters) - Fairfax Financial Holdings Limited
and Allied World Assurance Company Holdings Ltd
said on Sunday they agreed to merge in a $4.9 bln cash-and-stock
deal, according to a joint...
Read more
and Allied World Assurance Company Holdings Ltd
said on Sunday they agreed to merge in a $4.9 bln cash-and-stock
deal, according to a joint...
Read more
Switching gears, Canada's BlackBerry to open autonomous vehicle hub
OTTAWA, Dec 18 (Reuters) - Canada's BlackBerry Ltd
will open an autonomous driving research center on Monday, as it
tries to make itself an indispensable under-the-hood piece of
the automotive...
Read more
will open an autonomous driving research center on Monday, as it
tries to make itself an indispensable under-the-hood piece of
the automotive...
Read more
Sweden's SCA to scoop up Germany's BSN for 2.7 billion euros- FT
Dec 18 (Reuters) - Sweden's SCA is nearing a deal
to buy German bandage and plaster cast maker BSN Medical for 2.7
billion euros, the Financial Times reported, citing sources.
Read more
to buy German bandage and plaster cast maker BSN Medical for 2.7
billion euros, the Financial Times reported, citing sources.
Read more
BRIEF-SCA nearing deal to buy BSN Medical for 2.7 bln euros- FT,citing sources
* Sweden's SCA is nearing a deal to buy bsn medical for 2.7
billion euros including debt- FT,citing sources
Read more
billion euros including debt- FT,citing sources
Read more
Ukraine finance minister says PrivatBank depositors' money safe
KIEV, Dec 19 (Reuters) - Ukraine's Finance Minister
Oleksandr Danylyuk said on Monday that the money of depositors
at PrivatBank, the country's largest lender, was safe and
secured by the state, and...
Read more
Oleksandr Danylyuk said on Monday that the money of depositors
at PrivatBank, the country's largest lender, was safe and
secured by the state, and...
Read more
Braas Monier accepts improved $1.2 bln offer from Standard Industries
BERLIN, Dec 18 (Reuters) - German-based roof tile maker
Braas Monier Building Group has agreed to be taken
over by U.S. rival Standard Industries, ending its
resistance to the bid after Standard...
Read more
Braas Monier Building Group has agreed to be taken
over by U.S. rival Standard Industries, ending its
resistance to the bid after Standard...
Read more
Ukraine to nationalise its biggest lender, PrivatBank
KIEV, Dec 18 (Reuters) - Ukraine will on Monday nationalise
PrivatBank, the country's biggest lender, a move undertaken in
coordination with Ukraine's international lenders and with their
support,...
Read more
PrivatBank, the country's biggest lender, a move undertaken in
coordination with Ukraine's international lenders and with their
support,...
Read more
BRIEF-Braas Monier and Standard Industries agree to amended offer
* Announcing amended offer which board of directors of co
fully supports and will unanimously recommend shareholders of
braas monier to accept
Read more
fully supports and will unanimously recommend shareholders of
braas monier to accept
Read more
UPDATE 2-Vivendi denies plan to take over Italian broadcaster Mediaset
MILAN, Dec 17 (Reuters) - Vivendi denied on
Saturday it was planning to take over Mediaset after
buying a fifth of the Italian broadcaster in a move that has
riled the government and stoked an...
Read more
Saturday it was planning to take over Mediaset after
buying a fifth of the Italian broadcaster in a move that has
riled the government and stoked an...
Read more
Saturday, December 17, 2016
UPDATE 1-BP strikes deal for 10 percent stake in Abu Dhabi's ADCO concession
DUBAI, Dec 17 (Reuters) - BP became the second
Western oil major to renew a 40-year onshore concession in Abu
Dhabi on Saturday after almost two years of negotiations to
improve terms to help operate...
Read more
Western oil major to renew a 40-year onshore concession in Abu
Dhabi on Saturday after almost two years of negotiations to
improve terms to help operate...
Read more
Friday, December 16, 2016
BRIEF-Altagas and Government of Alberta reach definitive agreement to settle power purchase arrangement dispute
* Under settlement agreement Altagas agreed to contribute
391,879 self-generated carbon offsets
Read more
391,879 self-generated carbon offsets
Read more
UPDATE 1-Praxair, Linde close to finalizing merger terms -sources
Dec 16 (Reuters) - Praxair Inc and Linde AG
, the industrial gas companies that agreed earlier this
month to revive merger talks, are close to finalizing the terms
of the potential deal, people...
Read more
, the industrial gas companies that agreed earlier this
month to revive merger talks, are close to finalizing the terms
of the potential deal, people...
Read more
BRIEF-Blue nile says Austrian regulator provided clearance for deal with Bain Capital
* Blue Nile - on Dec 16, Austrian Federal Competition
Authority and Austrian cartel attorney provided clearance for
deal with Bain Capital - sec filing
Source text - http://bit.ly/2hDI1Ae
Further...
Read more
Authority and Austrian cartel attorney provided clearance for
deal with Bain Capital - sec filing
Source text - http://bit.ly/2hDI1Ae
Further...
Read more
BRIEF-CGI reports additional specific share repurchase program as part of normal course issuer bid
* CGI Group - intends to purchase for cancellation up to 1.5
million class a subordinate voting shares under an additional
specific share repurchase program
Read more
million class a subordinate voting shares under an additional
specific share repurchase program
Read more
BRIEF-Clearwater paper acquires Manchester Industries
* Clearwater Paper Corp- clearwater paper believes
acquisition will be immediately accretive
Read more
acquisition will be immediately accretive
Read more
UPDATE 1-Brazil's Oi creditor group proposes debt swap, $11 bln investment plan
RIO DE JANEIRO, Dec 16 (Reuters) - A group led by creditors
and Egyptian billionaire Naguib Sawiris unveiled on Friday an
alternative restructuring proposal for debt-laden Brazilian
phone carrier Oi...
Read more
and Egyptian billionaire Naguib Sawiris unveiled on Friday an
alternative restructuring proposal for debt-laden Brazilian
phone carrier Oi...
Read more
UPDATE 2-VW agrees to pay $200 million to offset U.S. emissions
WASHINGTON, Dec 16 (Reuters) - Volkswagen AG has agreed to
pay just over $200 million to offset emissions from about 80,000
3.0-liter diesel U.S. vehicles, a person briefed on the
settlement told...
Read more
pay just over $200 million to offset emissions from about 80,000
3.0-liter diesel U.S. vehicles, a person briefed on the
settlement told...
Read more
Cemig management, Brazil state at odds over debt, sources say
SAO PAULO/BRASILIA, Dec 16 (Reuters) - Tensions between the
Brazilian state of Minas Gerais and the top management of Cia
Energética de Minas Gerais SA are escalating over Chief
Executive Officer...
Read more
Brazilian state of Minas Gerais and the top management of Cia
Energética de Minas Gerais SA are escalating over Chief
Executive Officer...
Read more
EU court ruling on Spanish tax breaks may affect Starbucks, Apple appeals
BRUSSELS, Dec 16 (Reuters) - Europe's top court will decide
next week on Spanish tax breaks for foreign takeovers in a
ruling that may give clues as to how judges will deal with more
complex tax...
Read more
next week on Spanish tax breaks for foreign takeovers in a
ruling that may give clues as to how judges will deal with more
complex tax...
Read more
BRIEF-Donegal Mutual Insurance, Mountain States Insurance enter strategic affiliation
* Donegal Mutual Insurance Company - co and Mountain States
insurance group announce strategic affiliation
Read more
insurance group announce strategic affiliation
Read more
CarMax, others to settle U.S. complaint over safety claims -FTC
WASHINGTON, Dec 16 (Reuters) - CarMax Inc and two
other used vehicle retailers have agreed to settle a federal
complaint that they failed to disclose to buyers that some
vehicles they were selling...
Read more
other used vehicle retailers have agreed to settle a federal
complaint that they failed to disclose to buyers that some
vehicles they were selling...
Read more
Fund manager Virtus to buy RidgeWorth Investments for $513 mln
Dec 16 (Reuters) - Fund manager Virtus Investment Partners
Inc said on Friday that it would buy RidgeWorth
Investments for about $513 million to widen its client base.
Read more
Inc said on Friday that it would buy RidgeWorth
Investments for about $513 million to widen its client base.
Read more
LPC: Hopes rise that high-risk lending curbs will ease under Trump
NEW YORK, Dec 16 (Reuters) - US leveraged lending guidelines
could ease if a Wall Street-friendly Trump administration tells
regulators to take a more lenient line on enforcing the rules,
bankers,...
Read more
could ease if a Wall Street-friendly Trump administration tells
regulators to take a more lenient line on enforcing the rules,
bankers,...
Read more
UPDATE 2-Lufthansa teams up with rival Etihad in code-share deal
* Lufthansa also finalised Air Berlin lease deal
(Recasts, adds details of lease, analyst comment, background)
Read more
(Recasts, adds details of lease, analyst comment, background)
Read more
Europe to capture more M&A opportunities
LONDON, Dec 16 (IFR) - The European market could take a big
chunk out of a bursting M&A pipeline in 2017 after it proved its
mettle against the US dollar market in 2016, further cementing
the...
Read more
chunk out of a bursting M&A pipeline in 2017 after it proved its
mettle against the US dollar market in 2016, further cementing
the...
Read more
Sky's not the limit for European media mergers
LONDON, Dec 16 (Reuters) - Rupert Murdoch's bid for
Britain's Sky is expected to drive traditional European
media players to do their own deals to attain the scale they
need to compete with online...
Read more
Britain's Sky is expected to drive traditional European
media players to do their own deals to attain the scale they
need to compete with online...
Read more
Lufthansa, Etihad plan code shares on further routes - source
FRANKFURT, Dec 16 (Reuters) - Lufthansa and Etihad are
planning to extend a code-sharing agreement announced on Friday
to further routes, a company source familiar with the matter
said.
Read more
planning to extend a code-sharing agreement announced on Friday
to further routes, a company source familiar with the matter
said.
Read more
BRIEF-Goldcorp appoints Todd White as Chief Operating Officer
* Goldcorp appoints Todd White as chief operating officer
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Xenia Hotels & Resorts sells four hotels for about $119 mln
* Proceeds from $119 million sale will be utilized for share
repurchases under company's existing authorization
Read more
repurchases under company's existing authorization
Read more
BRIEF-Vodafone Group announces completion of Vodafone Thuis sale
* confirmed completion of sale by Vodafone Libertel B.V. of
its consumer fixed business to T-Mobile Netherlands Holding B.V.
Read more
its consumer fixed business to T-Mobile Netherlands Holding B.V.
Read more
RPT-From New York to London, rapid talks seal Sky-Fox deal
LONDON, Dec 15 (Reuters) - British business veteran Martin
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
Thursday, December 15, 2016
High-flying Freeport CEO steers towards new Indonesia mining deal
JAKARTA, Dec 16 (Reuters) - Chappy Hakim, a retired air
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to...
Read more
PRESS DIGEST - Wall Street Journal - Dec 16
Dec 16 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
BRIEF-Canexus to be bought by Chemtrade for $1.65 per share
* Says transaction is to be completed by way of a plan of
arrangement under business corporations act (Alberta)
Read more
arrangement under business corporations act (Alberta)
Read more
Chemtrade Logistics to buy chemical maker Canexus
Dec 15 (Reuters) - Chemtrade Logistics Income Fund
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share.
Read more
said it would buy chemicals and handling company
Canexus Corp for C$1.65 in cash per share.
Read more
InterOil says raises cap on additional cash payment in Exxon deal
Dec 15 (Reuters) - InterOil Corp said it has
increased the cap on an additional cash payment based on the
output from a natural gas field in Papua New Guinea that was
part of its sale agreement with...
Read more
increased the cap on an additional cash payment based on the
output from a natural gas field in Papua New Guinea that was
part of its sale agreement with...
Read more
Sanofi discusses $275 per Actelion share for potential deal - Bloomberg
Dec 15 (Reuters) - French drugmaker Sanofi is in
advanced talks to buy Actelion Ltd and is discussing a
price of about $275 per share for the Swiss drugmaker, Bloomberg
reported on Thursday.
Read more
advanced talks to buy Actelion Ltd and is discussing a
price of about $275 per share for the Swiss drugmaker, Bloomberg
reported on Thursday.
Read more
BRIEF-Pure Multi-Family REIT announces US$40.0 mln property acquisition in Austin, Texas
* Intends to fund purchase of Lenox with proceeds from
previously announced sale of Livingston Apartments
Read more
previously announced sale of Livingston Apartments
Read more
BRIEF-Four Corners Property Trust reports acquisition of 4 Hardee's restaurant properties for $7.0 mln
* Four Corners Property Trust Inc- restaurants are occupied
under a new triple-net master lease with 20-year term
Read more
under a new triple-net master lease with 20-year term
Read more
BRIEF-Tenaris to sell its North American electric conduit business to Nucor
* Tenaris to sell its North American electric conduit
business to Nucor
Source text for Eikon:
Further company coverage:
Read more
business to Nucor
Source text for Eikon:
Further company coverage:
Read more
REFILE-From New York to London, rapid talks seal Sky-Fox deal
LONDON, Dec 15 (Reuters) - British business veteran Martin
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
Gilbert was at his desk in early December when he received the
call he had been expecting for years. James Murdoch wanted to
meet.
Read more
UPDATE 1-GM expands testing, production of self-driving cars in Michigan
DETROIT, Dec 15 (Reuters) - General Motors Co Chief
Executive Mary Barra said on Thursday the automaker will expand
testing of self-driving vehicles to Michigan, and will build its
next generation of...
Read more
Executive Mary Barra said on Thursday the automaker will expand
testing of self-driving vehicles to Michigan, and will build its
next generation of...
Read more
UPDATE 4-Greece snubs lenders, approves Christmas bonus as Europe divided
BRUSSELS/ATHENS, Dec 15 (Reuters) - Greece snubbed its
international lenders and legislated plans on Thursday to give
pensioners a one-off Christmas bonus despite misgivings from
creditors in a...
Read more
international lenders and legislated plans on Thursday to give
pensioners a one-off Christmas bonus despite misgivings from
creditors in a...
Read more
BRIEF-Optima Specialty Steel, Inc. files for reorganization
* Optima Specialty Steel Inc says Commenced a reorganization
under chapter 11 in United States Bankruptcy Court for District
of Delaware
Read more
under chapter 11 in United States Bankruptcy Court for District
of Delaware
Read more
UPDATE 1-DeVry University agrees to $100 million settlement with U.S. FTC
WASHINGTON, Dec 15 (Reuters) - DeVry University has
agreed to pay $100 million to settle a U.S. Federal Trade
Commission lawsuit accusing the for-profit school of misleading
potential students with...
Read more
agreed to pay $100 million to settle a U.S. Federal Trade
Commission lawsuit accusing the for-profit school of misleading
potential students with...
Read more
BRIEF-Eldorado Resorts secures approval from West Virginia lottery commission for Isle of Capri Casinos transaction
* Eldorado Resorts secures approval from the west virginia
lottery commission for Isle Of Capri Casinos transaction
Read more
lottery commission for Isle Of Capri Casinos transaction
Read more
BlackRock to lead funding round for fintech startup
NEW YORK, Dec 15 (Reuters) - BlackRock Inc plans to
lead the next funding round for the startup iCapital Network,
which gives individual investors access to private equity funds,
hedge funds, and...
Read more
lead the next funding round for the startup iCapital Network,
which gives individual investors access to private equity funds,
hedge funds, and...
Read more
BRIEF-Euronext closes acquisition of a 20 pct stake in EuroCCP
* Euronext closes acquisition of a 20 pct stake in EuroCCP
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
BRIEF-Verizon explores lower price or even exit from Yahoo deal - Bloomberg
* Verizon explores lower price or even exit from Yahoo deal
- Bloomberg
Source text - http://bloom.bg/2gFkXfP
Further company coverage:
Read more
- Bloomberg
Source text - http://bloom.bg/2gFkXfP
Further company coverage:
Read more
UPDATE 1-Slovenian c.bank urges reforms to ensure long-term growth
LJUBLJANA, Dec 15 (Reuters) - The Bank of Slovenia urged the
government on Thursday to pursue structural reforms including
cutting red tape and enhancing privatisation as a way to ensure
the...
Read more
government on Thursday to pursue structural reforms including
cutting red tape and enhancing privatisation as a way to ensure
the...
Read more
Investor Royal London asks Sky committee for more information
LONDON, Dec 15 (Reuters) - Investor Royal London Asset
Management on Thursday asked Sky's independent
committee of directors for more information on the advice on
which they based their acceptance of...
Read more
Management on Thursday asked Sky's independent
committee of directors for more information on the advice on
which they based their acceptance of...
Read more
BRIEF-Canada's Athabasca says Corner project good for development with pricer oil
* Says Statoil's undeveloped corner project 'highly
prospective,' good for future development with higher crude
prices
Read more
prospective,' good for future development with higher crude
prices
Read more
BRIEF-Breaking Data Corp to buy Givemesport
* Co will acquire snm in exchange for issuance of total of
190 million shares of breaking data to security holders of snm
Read more
190 million shares of breaking data to security holders of snm
Read more
BRIEF-Hanesbrands announces agreement to divest Australian flooring and pillow businesses as planned
* Hanesbrands - co has agreed to sell tontine pillow and
quilt business, assets in an all-cash transaction for aud14
million to john cotton group
Read more
quilt business, assets in an all-cash transaction for aud14
million to john cotton group
Read more
Italy's 5-Star says govt should not step in to guard Mediaset from Vivendi
ROME, Dec 15 (Reuters) - Italy's opposition 5-Star Movement
(M5S) on Thursday warned the government against any intervention
to protect Italian broadcaster Mediaset, in which French
billionaire...
Read more
(M5S) on Thursday warned the government against any intervention
to protect Italian broadcaster Mediaset, in which French
billionaire...
Read more
BRIEF-Armstrong World Industries to acquire Tectum Inc
* Pending transaction is subject to customary closing
conditions and is expected to close in early 2017
Source text for Eikon:
Further company coverage:
Read more
conditions and is expected to close in early 2017
Source text for Eikon:
Further company coverage:
Read more
UPDATE 1-EU Commission opposes suspension of Greek debt relief- Moscovici
BRUSSELS, Dec 15 (Reuters) - The European Commission
believes there is no reason for euro zone lenders to question a
debt relief deal struck with Greece, Economic and Monetary
Affairs Commissioner...
Read more
believes there is no reason for euro zone lenders to question a
debt relief deal struck with Greece, Economic and Monetary
Affairs Commissioner...
Read more
Lufthansa sees Brussels long-haul fleet decision next year
BERLIN, Dec 15 (Reuters) - Lufthansa is eyeing a
decision next year on a long-haul plane order for newly acquired
Brussels Airlines, its chief executive said on Thursday.
Read more
decision next year on a long-haul plane order for newly acquired
Brussels Airlines, its chief executive said on Thursday.
Read more
UPDATE 1-AB InBev to sell stake in S.Africa's Distell to state fund
JOHANNESBURG/LONDON, Dec 15 (Reuters) - Anheuser-Busch InBev
will sell its stake in South Africa's Distell Group
to state-owned pension fund Public Investment Corp, it
said on Thursday, as agreed...
Read more
will sell its stake in South Africa's Distell Group
to state-owned pension fund Public Investment Corp, it
said on Thursday, as agreed...
Read more
BRIEF-Mercer to acquire Thomsons Online Benefits
* Mercer to acquire Thomsons Online Benefits
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
UPDATE 2-UK Stocks-Factors to watch on Dec 15
Dec 15 (Reuters) - Britain's FTSE 100 index is seen opening down
about 13 points, or 0.19 percent, on Thursday, according to financial
bookmakers, with futures down 0.29 percent ahead of the cash...
Read more
about 13 points, or 0.19 percent, on Thursday, according to financial
bookmakers, with futures down 0.29 percent ahead of the cash...
Read more
Wednesday, December 14, 2016
Nokia to buy IP network analytics firm Deepfield
HELSINKI, Dec 15 (Reuters) - Finnish telecom network
equipment maker Nokia said it was planning to acquire
Deepfield, a small IP network analytics company based in the
United States.
Read more
equipment maker Nokia said it was planning to acquire
Deepfield, a small IP network analytics company based in the
United States.
Read more
CORRECTED-AB InBev to sell stake in Distell to South Africa's state pension fund
JOHANNESBURG, Dec 15 (Reuters) - Anheuser-Busch InBev
will sell its entire interest in Distell Group Ltd
to South Africa's state-owned pension fund Public
Investment Corp as part of the conditions...
Read more
will sell its entire interest in Distell Group Ltd
to South Africa's state-owned pension fund Public
Investment Corp as part of the conditions...
Read more
BRIEF-Lonza to acquire Capsugel for $5.5 bln
* Lonza to acquire Capsugel to create leading integrated
solutions provider to the global pharma and consumer healthcare
industries
Read more
solutions provider to the global pharma and consumer healthcare
industries
Read more
UPDATE 3-Australia's Crown Resorts leaves Las Vegas, sells down Macau
* Warns VIP turnover in Australia down 45 pct in first half
(Recasts, adds Las Vegas analysis)
Read more
(Recasts, adds Las Vegas analysis)
Read more
PRESS DIGEST- Wall Street Journal - Dec 15
Dec 15 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
SEC asks Wells Fargo to explain loan accounting practices
Dec 14 (Reuters) - The top U.S. securities regulator has
questioned Wells Fargo & Co over its accounting for a
roughly $20 billion portfolio of troubled loans.
Read more
questioned Wells Fargo & Co over its accounting for a
roughly $20 billion portfolio of troubled loans.
Read more
UPDATE 1-Chinese billionaire's EV startups map ambitious plans
DETROIT/SAN FRANCISCO, Dec 14 (Reuters) - Three electric-car
startups funded by Chinese billionaire Jia Yueting will display
vehicles at the giant CES 2017 trade show in Las Vegas next
month, and two...
Read more
startups funded by Chinese billionaire Jia Yueting will display
vehicles at the giant CES 2017 trade show in Las Vegas next
month, and two...
Read more
Statoil to sell Canada oil sands assets to Athabasca Oil Corp
CALGARY, Alberta, Dec 14 (Reuters) - Norwegian oil company
Statoil ASA has agreed to sell its Canadian oil sands
assets to Calgary-based Athabasca Oil Corp in a deal
worth up to C$832 million,...
Read more
Statoil ASA has agreed to sell its Canadian oil sands
assets to Calgary-based Athabasca Oil Corp in a deal
worth up to C$832 million,...
Read more
Mondelez unaware of any Kraft Heinz approach - sources
Dec 14 (Reuters) - Mondelez International Inc has
not heard from Kraft Heinz Co about any potential
acquisition, people familiar with the matter said on Wednesday,
after Swiss magazine Bilanz...
Read more
not heard from Kraft Heinz Co about any potential
acquisition, people familiar with the matter said on Wednesday,
after Swiss magazine Bilanz...
Read more
BRIEF-SWM reports agreement to acquire Conwed Plastics Llc
* Schweitzer-Mauduit International Inc - transaction is
expected to be accretive to adjusted eps by approximately $0.30
in 2017
Read more
expected to be accretive to adjusted eps by approximately $0.30
in 2017
Read more
Private equity firm Warbug Pincus raises $2 bln China fund
Dec 14 (Reuters) - Warburg Pincus LLC has raised a
$2 billion fund focused on investing in Chinese businesses,
ranging from healthcare firms to real estate companies, the New
York-based private...
Read more
$2 billion fund focused on investing in Chinese businesses,
ranging from healthcare firms to real estate companies, the New
York-based private...
Read more
COLUMN-Burford, Gerchen Keller merger: turning point for litigation funding?: Frankel
NEW YORK, Dec 14 (Reuters) - Christopher Bogart, the CEO of
the litigation financier Burford Capital, has a five-year plan.
Within that time frame, Bogart told me Wednesday, he believes
the...
Read more
the litigation financier Burford Capital, has a five-year plan.
Within that time frame, Bogart told me Wednesday, he believes
the...
Read more
Knorr Bremse gets request for more info in planned Haldex takeover
FRANKFURT, Dec 14 (Reuters) - German car parts maker Knorr
Bremse has received a request for additional
information from U.S. regulators as part of its planned takeover
of Sweden's Haldex, it said on...
Read more
Bremse has received a request for additional
information from U.S. regulators as part of its planned takeover
of Sweden's Haldex, it said on...
Read more
Caesars unit's bank lenders need more time to resolve dispute -lawyer
CHICAGO, Dec 14 (Reuters) - Bank lenders of Caesars
Entertainment Corp's bankrupt operating unit need more
time to resolve a dispute over the terms of their recovery, a
lawyer said in court on...
Read more
Entertainment Corp's bankrupt operating unit need more
time to resolve a dispute over the terms of their recovery, a
lawyer said in court on...
Read more
Canadian fintech firm Financeit eyes more deals after TD buy
TORONTO, Dec 14 (Reuters) - Business has doubled for
Canadian financial technology firm Financeit since it purchased
the home improvement financing assets of Toronto Dominion Bank
and the company is...
Read more
Canadian financial technology firm Financeit since it purchased
the home improvement financing assets of Toronto Dominion Bank
and the company is...
Read more
UPDATE 2-Brazil proposes 'fiscal recovery' bill for state governments
BRASILIA, Dec 14 (Reuters) - Brazil's government proposed a
"fiscal recovery" bill on Wednesday that would allow state
governments to suspend debt payments to the federal government
in exchange for...
Read more
"fiscal recovery" bill on Wednesday that would allow state
governments to suspend debt payments to the federal government
in exchange for...
Read more
Former UK PM Brown calls for Murdoch's Sky deal to be delayed
LONDON, Dec 14 (Reuters) - Former Prime Minister Gordon
Brown urged Britain to delay Rupert Murdoch's proposed deal to
buy European pay-TV group Sky until the government
completes an inquiry into a...
Read more
Brown urged Britain to delay Rupert Murdoch's proposed deal to
buy European pay-TV group Sky until the government
completes an inquiry into a...
Read more
BRIEF-Linde's BOC to be managed from Germany after Praxair merger -WirtschaftsWoche
* Cites sources as saying Linde's BOC business is
to be managed from Germany under possible Praxair merger
dealFurther company coverage:
Read more
to be managed from Germany under possible Praxair merger
dealFurther company coverage:
Read more
UPDATE 2-Express Scripts sees no let-up in drug pricing chatter
Dec 14 (Reuters) - Express Scripts Holding Co, the
largest pharmacy benefit manager in the United States, said drug
price inflation would likely be restrained going into 2017 and
that scrutiny into...
Read more
largest pharmacy benefit manager in the United States, said drug
price inflation would likely be restrained going into 2017 and
that scrutiny into...
Read more
EU mergers and takeovers (Dec 14)
BRUSSELS, Dec 14 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
BRIEF-McKesson receives regulatory approval for Rexall Health acquisition
* Signed a consent agreement with competition Bureau of
Canada allowing it to proceed with acquisition of Rexall Health
Read more
Canada allowing it to proceed with acquisition of Rexall Health
Read more
UPDATE 4-China to penalize US automaker over price-fixing; GM, Ford shrs off
* Penalty comes at a sensitive time in U.S.-Sino relations
(Adds GM, Ford share prices at NYSE open, recasts first
paragraph)
Read more
(Adds GM, Ford share prices at NYSE open, recasts first
paragraph)
Read more
BRIEF-NYSE agrees to acquire National Stock Exchange Inc
* Intercontinental Exchange Inc says terms were not
disclosed and financial impact will not be material to ice
Read more
disclosed and financial impact will not be material to ice
Read more
Liberty Media to raise $1.55 bln to fund Formula One deal
Dec 14 (Reuters) - Liberty Media Corp, led by U.S. cable mogul John Malone, said on Wednesday it would raise $1.55 billion to fund its acquisition of Formula One racing car series.
Read more
Read more
BRIEF-Liberty Media Corp entered into certain investment agreements
* Liberty Media Corp says on Dec 13, co entered into
certain investment agreements - SEC filing
Read more
certain investment agreements - SEC filing
Read more
Neustar to go private in $2.9 bln deal including debt
Dec 14 (Reuters) - Telecommunications company Neustar Inc
said on Wednesday it would be taken private by a group
led by San Francisco-based private equity firm Golden Gate
Capital in a deal valued...
Read more
said on Wednesday it would be taken private by a group
led by San Francisco-based private equity firm Golden Gate
Capital in a deal valued...
Read more
BRIEF-Redhill Biopharma and Intelgenx enters into an agreement for commercialization of Rizaport
* Redhill, Intelgenx expect to re-submit Rizaport U.S. New
drug application to FDA in H1 2017, subsequently receive a new
PDUFA date
Read more
drug application to FDA in H1 2017, subsequently receive a new
PDUFA date
Read more
Brazil's Gafisa agrees to sell Tenda stake as IPO plan founders
SAO PAULO, Dec 14 (Reuters) - Brazil's Gafisa SA has agreed
to sell a minority stake in Construtora Tenda SA in a private
deal following the collapse of a planned initial public offering
for its...
Read more
to sell a minority stake in Construtora Tenda SA in a private
deal following the collapse of a planned initial public offering
for its...
Read more
Dutch packaging maker Schoeller Allibert explores sale - sources
FRANKFURT, Dec 14 (Reuters) - Dutch packaging maker
Schoeller Allibert is exploring a sale as its owners seek an
exit after reshaping the company, adding to a string of deals in
the sector, three...
Read more
Schoeller Allibert is exploring a sale as its owners seek an
exit after reshaping the company, adding to a string of deals in
the sector, three...
Read more
UPDATE 1-Brazil's Tenda scraps IPO as politics saps investor interest
SAO PAULO, Dec 14 (Reuters) - Brazilian homebuilder
Construtora Tenda SA scrapped an initial public offering due to
be priced later on Wednesday because of challenging market
conditions, in the...
Read more
Construtora Tenda SA scrapped an initial public offering due to
be priced later on Wednesday because of challenging market
conditions, in the...
Read more
Brazil's Tenda scraps IPO plan as market conditions deteriorate
SAO PAULO, Dec 14 (Reuters) - Brazilian homebuilder
Construtora Tenda SA has scrapped an initial public offering
plan due to be priced later on Wednesday, citing challenging
market conditions.
Read more
Construtora Tenda SA has scrapped an initial public offering
plan due to be priced later on Wednesday, citing challenging
market conditions.
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec 14
Dec 14 (Reuters) - Britain's FTSE 100 index is seen opening down
about 15 points, or 0.22 percent, on Wednesday, according to financial
bookmakers, with futures down 0.33 percent ahead of the cash...
Read more
about 15 points, or 0.22 percent, on Wednesday, according to financial
bookmakers, with futures down 0.33 percent ahead of the cash...
Read more
European shares retreat from 11-month highs, Actelion slumps
LONDON, Dec 14 (Reuters) - European shares pulled back from
11-month high on Wednesday, with Switzerland's Actelion
slumping after U.S. healthcare company Johnson & Johnson
ended discussions...
Read more
11-month high on Wednesday, with Switzerland's Actelion
slumping after U.S. healthcare company Johnson & Johnson
ended discussions...
Read more
Tuesday, December 13, 2016
PRESS DIGEST- New York Times business news - Dec 14
Dec 14 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Actelion says in discussions with another party regarding possible strategic transaction
* Actelion - Actelion is engaged in discussions with another
party regarding a possible strategic transaction
Read more
party regarding a possible strategic transaction
Read more
BRIEF-Pacific Safety Products provides update on unsolicited offer of $0.25/share from MKU Ltd
* Board remains unable to conclude at this time that MKU
offer constitutes a superior proposal
Read more
offer constitutes a superior proposal
Read more
UPDATE 1-J&J ends takeover talks with Actelion
Dec 13 (Reuters) - U.S. healthcare company Johnson & Johnson
said on Tuesday it has ended discussions with Actelion
regarding a potential deal with Europe's largest
biotech firm.
Read more
said on Tuesday it has ended discussions with Actelion
regarding a potential deal with Europe's largest
biotech firm.
Read more
BRIEF-Johnson & Johnson says it has ended discussions with Actelion
* Was not able to reach an agreement that it believed would
create adequate value for its shareholders
Read more
create adequate value for its shareholders
Read more
BRIEF-First Defiance receives regulatory approval for proposed merger
* First Defiance Financial Corp - transaction was announced
in August and is expected to close on February 24, 2017
Read more
in August and is expected to close on February 24, 2017
Read more
Scaramucci weighs SkyBridge Capital sale - Bloomberg
Dec 13 (Reuters) - Anthony Scaramucci, a member of
President-elect Donald Trump's transition team, is planning the
sale of SkyBridge Capital as he seeks a post within the new
administration,...
Read more
President-elect Donald Trump's transition team, is planning the
sale of SkyBridge Capital as he seeks a post within the new
administration,...
Read more
Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval
CHICAGO, Dec 13 (Reuters) - Shareholders of U.S. seeds and
agrochemicals company Monsanto Co approved the company's
$66 billion acquisition by Bayer AG on Tuesday, a
deal that still requires...
Read more
agrochemicals company Monsanto Co approved the company's
$66 billion acquisition by Bayer AG on Tuesday, a
deal that still requires...
Read more
BRIEF-Energy XXI plan of reorganization confirmed by Court
* Plan will strengthen company's financial position by
eliminating more than $3.6 billion of debt from its balance
sheet
Read more
eliminating more than $3.6 billion of debt from its balance
sheet
Read more
UPDATE 1-Canexus, Chemtrade in friendly talks after hostile bid -sources
TORONTO, Dec 13 (Reuters) - Canadian chemical company
Canexus Corp, which rejected a hostile bid from
Chemtrade Logistics Income Fund, is in discussions
with the company about a higher offer,...
Read more
Canexus Corp, which rejected a hostile bid from
Chemtrade Logistics Income Fund, is in discussions
with the company about a higher offer,...
Read more
UPDATE 2-Chinese bidders walk away from Osram takeover - sources
* Development comes after Chinese deal for Aixtron blocked
(Adds ministry comment in paragraph 4)
Read more
(Adds ministry comment in paragraph 4)
Read more
Canexus, Chemtrade in friendly talks after hostile bid - sources
TORONTO, Dec 13 (Reuters) - Canadian chemical company
Canexus Corp, which rejected a hostile bid from
Chemtrade Logistics Income Fund, is in discussions
with the company about a higher offer,...
Read more
Canexus Corp, which rejected a hostile bid from
Chemtrade Logistics Income Fund, is in discussions
with the company about a higher offer,...
Read more
EU mergers and takeovers (Dec 13)
BRUSSELS, Dec 13 (Reuters) - The following are mergers under
review by the European Commission and a brief guide to the EU
merger process:
Read more
review by the European Commission and a brief guide to the EU
merger process:
Read more
BRIEF-Hudson Pacific Properties acquires interest in Page Mill Hill campus to expand presence in Palo Alto
* Hudson Pacific Properties acquires interest in Page Mill
Hill campus to expand presence in Palo Alto
Read more
Hill campus to expand presence in Palo Alto
Read more
UPDATE 1-Playa Hotels to be bought by TPG-backed firm
Dec 13 (Reuters) - A blank-check company backed by private
equity firm TPG, Pace Holdings Corp, is buying resort
owner Playa Hotels & Resorts BV, creating a publicly listed firm
with an enterprise...
Read more
equity firm TPG, Pace Holdings Corp, is buying resort
owner Playa Hotels & Resorts BV, creating a publicly listed firm
with an enterprise...
Read more
BRIEF-Gaming Nation acquires BD Sport Group for consideration of up to £11 mln
* Gaming Nation acquires BD Sport Group for consideration of
up to £ 11,000,000
Source text for Eikon:
Further company coverage:
Read more
up to £ 11,000,000
Source text for Eikon:
Further company coverage:
Read more
Brazil's Oi asks court permission to sell Timor Telecom stake
SAO PAULO, Dec 13 (Reuters) - Brazilian phone carrier Oi SA
has asked the court overseeing its bankruptcy protection
proceedings for permission to sell a stake in Timor Telecom SA,
which serves the...
Read more
has asked the court overseeing its bankruptcy protection
proceedings for permission to sell a stake in Timor Telecom SA,
which serves the...
Read more
BRIEF-Ares EIF to sell Pio Pico Energy Center
* Ares Management-fund managed by Ares EIF Group has agreed
to sell Pio Pico Energy Center to institutional investors
advised by J.P. Morgan asset management
Read more
to sell Pio Pico Energy Center to institutional investors
advised by J.P. Morgan asset management
Read more
UPDATE 1-UBM to buy Allworld in Asia push, Middle East foray
Dec 13 (Reuters) - Event organiser UBM Plc said it
would buy Asian exhibitions company Allworld for $485 million in
cash, strengthening its position in Asia and providing an entry
into the Middle...
Read more
would buy Asian exhibitions company Allworld for $485 million in
cash, strengthening its position in Asia and providing an entry
into the Middle...
Read more
Italian banking stocks, Mediaset lift spirits in Europe
LONDON, Dec 13 (Reuters) - Italian banking shares rose in
choppy trading on Tuesday following Unicredit's latest
efforts to bolster its balance sheet punctuating an otherwise
quiet open for European...
Read more
choppy trading on Tuesday following Unicredit's latest
efforts to bolster its balance sheet punctuating an otherwise
quiet open for European...
Read more
UPDATE 1-UniCredit to raise 13 bln euros in Italy's biggest share issue
MILAN, Dec 13 (Reuters) - Italy's largest bank, UniCredit
, said on Tuesday it would raise 13 billion euros
($13.83 billion) in the country's biggest share issue to clean
up its balance sheet and...
Read more
, said on Tuesday it would raise 13 billion euros
($13.83 billion) in the country's biggest share issue to clean
up its balance sheet and...
Read more
UPDATE 2-UK Stocks-Factors to watch on Dec. 13
Dec 13 (Reuters) - Britain's FTSE 100 index is seen opening 5 points
higher, or up 0.07 percent on Tuesday, according to financial bookmakers, with
futures up 0.2 percent ahead of the cash market...
Read more
higher, or up 0.07 percent on Tuesday, according to financial bookmakers, with
futures up 0.2 percent ahead of the cash market...
Read more
Monday, December 12, 2016
BRIEF-Europcar Group acquires its Irish Franchisee
* Europcar Group extends its corporate network with the acquisition of its Irish Franchisee
Source text: http://bit.ly/2hHzpoS
Further company coverage:
(Gdynia Newsroom)
Read more
Source text: http://bit.ly/2hHzpoS
Further company coverage:
(Gdynia Newsroom)
Read more
UK Stocks-Factors to watch on Dec. 13
Dec 13 (Reuters) - Britain's FTSE 100 index is seen opening 5 points
higher, or up 0.07 percent on Tuesday, according to financial bookmakers.
* The UK blue chip index closed 0.9 percent...
Read more
higher, or up 0.07 percent on Tuesday, according to financial bookmakers.
* The UK blue chip index closed 0.9 percent...
Read more
Asahi to buy AB InBev's E.European beer brands for $7.8 bln -Nikkei
TOKYO, Dec 13 (Reuters) - Japan's Asahi Group Holdings Ltd
has agreed to buy five eastern European beer brands
from Anheuser-Busch InBev for about 900 billion yen
($7.8 billion) in a deal to be...
Read more
has agreed to buy five eastern European beer brands
from Anheuser-Busch InBev for about 900 billion yen
($7.8 billion) in a deal to be...
Read more
BRIEF-Bayshore Petroleum says will not execute E-T Energy merger at this time
* Says Bayshore will not be executing a merger or
acquisition agreement with ET at this time
Read more
acquisition agreement with ET at this time
Read more
Patterson-UTI to buy Seventy Seven Energy in $1.76 billion deal
Dec 12 (Reuters) - U.S. driller Patterson-UTI Energy
said on Monday it agreed to buy Seventy Seven Energy
Inc in an all-stock deal valued at $1.76 billion.
Read more
said on Monday it agreed to buy Seventy Seven Energy
Inc in an all-stock deal valued at $1.76 billion.
Read more
Fed gives banks five years to comply with Volcker Rule limits
WASHINGTON, Dec 12 (Reuters) - The Federal Reserve Board
laid out on Monday how U.S. banks can apply to take five more
years to comply with the Volcker Rule, one of the reforms
emerging from the...
Read more
laid out on Monday how U.S. banks can apply to take five more
years to comply with the Volcker Rule, one of the reforms
emerging from the...
Read more
BRIEF-Russel Metals reports the acquisition of the assets of Jackson Pipe & Steel
* Russel Metals - through unit JMS Russel Metals Corp., has
acquired operating assets of Jackson Pipe & Steel
Read more
acquired operating assets of Jackson Pipe & Steel
Read more
BRIEF-Greenspace Brands reports agreement to acquire Nothing But Nature and bought deal equity offering
* Agreed to purchase nothing but nature for total
consideration of approximately $8.88 million to $9.88 million
Read more
consideration of approximately $8.88 million to $9.88 million
Read more
UPDATE 1-European Commission hints at leeway on aid for Italy's banks
STRASBOURG, Dec 12 (Reuters) - The European Commission is
ready to discuss with Italy several options to address problems
in its banking sector, the vice president of the EU executive
said on Monday,...
Read more
ready to discuss with Italy several options to address problems
in its banking sector, the vice president of the EU executive
said on Monday,...
Read more
AES Brazil chief slams power supply rules, seeks solution
SAO PAULO, Dec 12 (Reuters) - A sharp recession in Brazil
has forced electricity distributors to buy power they cannot
sell, adding to their struggles during the downturn, the most
senior Brazilian...
Read more
has forced electricity distributors to buy power they cannot
sell, adding to their struggles during the downturn, the most
senior Brazilian...
Read more
U.S. seeks to undercut Aetna CEO's defense in merger fight
WASHINGTON, Dec 12 (Reuters) - The U.S. Justice Department
sought on Monday to knock down arguments by Aetna Inc's
chief executive that Medicare Advantage competes with government
insurance...
Read more
sought on Monday to knock down arguments by Aetna Inc's
chief executive that Medicare Advantage competes with government
insurance...
Read more
UPDATE 3-Eni spreads Egypt gas field risk with Rosneft stake sale
MILAN, Dec 12 (Reuters) - Italian energy company Eni
will sell a 30 percent stake in its giant Egyptian
offshore gas field Zohr to Russia's Rosneft for $1.575
billion, pressing ahead with asset...
Read more
will sell a 30 percent stake in its giant Egyptian
offshore gas field Zohr to Russia's Rosneft for $1.575
billion, pressing ahead with asset...
Read more
Icelandic coalition talks fail for third time since October election
REYKJAVIK, Dec 12 (Reuters) - Iceland's anti-establishment
Pirate Party, the Left Greens and three other parties have
called off talks on forming a centre-left coalition, Icelandic
media reported on...
Read more
Pirate Party, the Left Greens and three other parties have
called off talks on forming a centre-left coalition, Icelandic
media reported on...
Read more
BRIEF-Scotts Miracle-Gro says acquires two technology companies
* Scotts Miracle-Gro Co - acquisitions include blossom,
maker of smart water controllers, and plantlink
Read more
maker of smart water controllers, and plantlink
Read more
Brazilian watchdog near approval of Oi board changes -minister
SAO PAULO, Dec 12 (Reuters) - Brazilian telecommunications
industry watchdog Anatel is slated to decide on changes to the
structure of carrier Oi SA's board in coming days, a
senior government...
Read more
industry watchdog Anatel is slated to decide on changes to the
structure of carrier Oi SA's board in coming days, a
senior government...
Read more
UPDATE 1-Buyout groups prepare final bids for payments group Concardis - sources
FRANKFURT, Dec 12 (Reuters) - Buyout groups are preparing
final bids for German payments group Concardis, potentially
valuing the group at more than 600 million euros ($636 million),
people close to...
Read more
final bids for German payments group Concardis, potentially
valuing the group at more than 600 million euros ($636 million),
people close to...
Read more
BRIEF-Tahoe proposes to acquire Alliance Healthcare's all outstanding shares
* Alliance Healthcare Services Inc. - Tahoe Investment Group
has proposed a purchase price of $9.60 per share in cash
Read more
has proposed a purchase price of $9.60 per share in cash
Read more
BRIEF-Ritchie bros sells about C$728 mln of equipment in Edmonton in 2016
* Ritchie bros auctioneers inc - sale includes last week's
two-day auction on december 8 - 9, when 4,500+ items were sold
for ca$66+ million (us$50+ million)
Read more
two-day auction on december 8 - 9, when 4,500+ items were sold
for ca$66+ million (us$50+ million)
Read more
UPDATE 1-Bayer, Versant invest $225 million in biotech venture
TORONTO, Dec 12 (Reuters) - German chemicals and healthcare
group Bayer said it had set up a joint venture with
U.S. life sciences venture capital firm Versant Ventures to
invest $225 million in stem...
Read more
group Bayer said it had set up a joint venture with
U.S. life sciences venture capital firm Versant Ventures to
invest $225 million in stem...
Read more
BRIEF-Dover completes acquisition of Wayne Fueling Systems
* Company expects to divest wayne's small distribution
business in united kingdom in near future
Read more
business in united kingdom in near future
Read more
UPDATE 2-Qatar Airways wants to swap Airbus A320neos for A321neos, new delivery date
DOHA, Dec 12 (Reuters) - Qatar Airways is in talks with
Airbus to convert its order for up to 80 A320neos to
the larger A321neo, its chief executive said on Monday.
Read more
Airbus to convert its order for up to 80 A320neos to
the larger A321neo, its chief executive said on Monday.
Read more
BRIEF-East Africa Metals provides update on Ethiopian project financing
* funds will be used for ongoing exploration and development
of East Africa's Adyabo and Harvest projects in Ethiopia
Read more
of East Africa's Adyabo and Harvest projects in Ethiopia
Read more
UPDATE 1-Imaging sensor maker E2V Tech agrees to 620 mln stg offer from Teledyne
Dec 12 (Reuters) - British imaging sensor maker E2V
Technologies Plc said on Monday it had agreed to an
all-cash takeover offer worth about 620 million pounds (around
$780 million) from Teledyne...
Read more
Technologies Plc said on Monday it had agreed to an
all-cash takeover offer worth about 620 million pounds (around
$780 million) from Teledyne...
Read more
Slovak Republic - Factors To Watch on Dec 12
BRATISLAVA, Dec 12 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Monday.
ALL TIMES GMT (Slovak Republic: GMT + 2...
Read more
reports and events to watch which may affect Slovak financial
markets on Monday.
ALL TIMES GMT (Slovak Republic: GMT + 2...
Read more
E2V Technologies says agrees on terms of Teledyne Tech offer
Dec 12 (Reuters) - Imaging sensor provider E2V Technologies
Plc said on Monday that it had agreed on the terms of an
all-cash takeover offer from U.S. firm Teledyne Technologies Inc
.
Read more
Plc said on Monday that it had agreed on the terms of an
all-cash takeover offer from U.S. firm Teledyne Technologies Inc
.
Read more
UPDATE 1-UK Stocks-Factors to watch on Dec. 12
Dec 12 (Reuters) - Britain's FTSE 100 index is seen opening up 18
points at 6,972 on Monday, according to financial bookmakers, with futures
up 0.04 percent ahead of the cash market open.
Read more
points at 6,972 on Monday, according to financial bookmakers, with futures
up 0.04 percent ahead of the cash market open.
Read more
Sunday, December 11, 2016
BRIEF-Cover-More says co agrees to takeover offer from Zurich Insurance
* Says Zurich Insurance Co Ltd will acquire all of ordinary
shares in Cover-More by way of a scheme of arrangement
Read more
shares in Cover-More by way of a scheme of arrangement
Read more
PRESS DIGEST- New York Times business news - Dec 12
Dec 12 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
UPDATE 3-Zurich Insurance agrees to buy Australia's Cover-More for $551 mln
* Australian insurance assets attracting global interest
(Adds CEO comments, market share details)
Read more
(Adds CEO comments, market share details)
Read more
UPDATE 1-UniCredit sells Pioneer to Amundi for more than 4 bln euros - source
MILAN, Dec 11 (Reuters) - Italy's biggest bank by assets
UniCredit has reached a deal to sell its asset manager
Pioneer to France's Amundi for more than 4 billion euros ($4.2
billion), a source with...
Read more
UniCredit has reached a deal to sell its asset manager
Pioneer to France's Amundi for more than 4 billion euros ($4.2
billion), a source with...
Read more
Australia's Cover-More agrees to $551 mln bid from Zurich Insurance
SYDNEY, Dec 12 (Reuters) - Australian travel insurance
provider Cover-More Group on Monday said it had agreed
to a A$741 million ($551.16 million) takeover offer from
Switzerland's Zurich Insurance...
Read more
provider Cover-More Group on Monday said it had agreed
to a A$741 million ($551.16 million) takeover offer from
Switzerland's Zurich Insurance...
Read more
UPDATE 1-Delivery Hero buys Foodpanda in sought after food delivery market
FRANKFURT, Dec 10 (Reuters) - Berlin-based online food
takeaway service Delivery Hero, one of Europe's biggest
start-ups, will acquire competitor Foodpanda, a sign of further
consolidation to fend...
Read more
takeaway service Delivery Hero, one of Europe's biggest
start-ups, will acquire competitor Foodpanda, a sign of further
consolidation to fend...
Read more
Saturday, December 10, 2016
CORRECTED-Delivery Hero buys Foodpanda in sought after food delivery market
FRANKFURT, Dec 10 (Reuters) - Berlin-based online food
takeaway service Delivery Hero, one of Europe's biggest
start-ups, will acquire competitor Foodpand, a sign of further
consolidation to fend of...
Read more
takeaway service Delivery Hero, one of Europe's biggest
start-ups, will acquire competitor Foodpand, a sign of further
consolidation to fend of...
Read more
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