* Government advisor expects action soon
(Updates with detail, government comment)
Read more
Thursday, February 2, 2017
UPDATE 1-EU set to approve ChemChina's $43 bln bid for Syngenta - sources
BRUSSELS, Feb 2 (Reuters) - ChemChina is set to
secure conditional EU antitrust approval for its $43 billion bid
for Swiss pesticides and seeds group Syngenta, the
largest foreign acquisition by a...
Read more
secure conditional EU antitrust approval for its $43 billion bid
for Swiss pesticides and seeds group Syngenta, the
largest foreign acquisition by a...
Read more
BRIEF-Cigna CEO says individual Obamacare business loss has been manageable
* Cigna CEO says individual Obamacare business loss has been
manageable and will be smaller in 2017 but still a loss
Further company coverage:
(Reporting By Caroline Humer)
Read more
manageable and will be smaller in 2017 but still a loss
Further company coverage:
(Reporting By Caroline Humer)
Read more
BRIEF-CCL Industries announces India entry for CCL label
* CCL Industries Inc - pacman-ccl will invest $3.75 million
in venture to acquire its stake, reduce debt and provide funding
for future expansion
Read more
in venture to acquire its stake, reduce debt and provide funding
for future expansion
Read more
Brazil's Lojas Americanas hires Credit Suisse for offering -blog
SAO PAULO, Feb 2 (Reuters) - Lojas Americanas SA,
Brazil's largest discount retailer, has hired the local unit of
Credit Suisse Group AG to underwrite an offering of new
shares to fund an...
Read more
Brazil's largest discount retailer, has hired the local unit of
Credit Suisse Group AG to underwrite an offering of new
shares to fund an...
Read more
BRIEF-Wecast Network acquires 55pct of Wide Angle Group Limited
* Wecast Network Inc - WAG will reside and operate under
wecast network's recently purchased sun video group
Read more
wecast network's recently purchased sun video group
Read more
UPDATE 3-Shell nears another $5 bln in sales to ease debt load
* Renewable energy spending capped at below $1 bln
(Recasts, adds details, CFO, CEO, investor quotes, updates
shares)
Read more
(Recasts, adds details, CFO, CEO, investor quotes, updates
shares)
Read more
BRIEF-Vinergy Resources/MJ Biopharma to acquire majority stake in multinational plant breeder with C$14,000,000 in annual sales
* Vinergy Resources/MJ Biopharma to acquire majority stake
in multinational plant breeder with C$14,000,000 in annual sales
Read more
in multinational plant breeder with C$14,000,000 in annual sales
Read more
BRIEF-GMS acquires Grabber Construction Products Hawaiian business
* GMS expands its presence in Hawaii with acquisition of
Grabber Construction Products Inc.'s Hawaiian business
Source text for Eikon:
Further company coverage:
Read more
Grabber Construction Products Inc.'s Hawaiian business
Source text for Eikon:
Further company coverage:
Read more
Shell nears deals to sell $5 bln of assets -CFO
LONDON, Feb 2 (Reuters) - Royal Dutch Shell is
nearing deals to divest $5 billion of assets, Chief Financial
Officer Simon Henry said on Thursday, adding that the company
was "selectively...
Read more
nearing deals to divest $5 billion of assets, Chief Financial
Officer Simon Henry said on Thursday, adding that the company
was "selectively...
Read more
BRIEF-Infineon CEO says expects to close Wolfspeed acquisition any time soon
* CEO says expects to close wolfspeed acquisition any time
soon
Further company coverage:
(Frankfurt Newsroom)
Read more
soon
Further company coverage:
(Frankfurt Newsroom)
Read more
UPDATE 1-UK Stocks-Factors to watch on Feb 2
Feb 2 (Reuters) - Britain's FTSE 100 index is seen opening 10 to 15
points lower, or down as much as 0.2 percent on Thursday, according to financial
bookmakers, with futures down 0.1 percent ahead of...
Read more
points lower, or down as much as 0.2 percent on Thursday, according to financial
bookmakers, with futures down 0.1 percent ahead of...
Read more
Energean choses TechnipFMC to help develop Israeli gas fields
* Greece's Energean said on Thursday it signed a deal with
oil and gas firm TechnipFMC to help develop
Israeli offshore gas fields Karish and Tanin.
Read more
oil and gas firm TechnipFMC to help develop
Israeli offshore gas fields Karish and Tanin.
Read more
Wednesday, February 1, 2017
Nikkei falls to more than 1-week low as stronger yen sours mood
TOKYO, Feb 2 (Reuters) - Japan's Nikkei share average fell
on Thursday to its lowest in more than a week after a stronger
yen soured sentiment.
Read more
on Thursday to its lowest in more than a week after a stronger
yen soured sentiment.
Read more
BRIEF-Mead Johnson confirms deal discussions with Reckitt Benckiser
* Confirms that it is in discussions with RB with respect to
its proposal to acquire outstanding shares of MJN for $90 per
share in cash
Read more
its proposal to acquire outstanding shares of MJN for $90 per
share in cash
Read more
PRESS DIGEST- New York Times business news - Feb 2
Feb 2 (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
Sports Direct in talks to bid for Bob's, Eastern Mountain Sports -sources
Feb 1 (Reuters) - British sporting goods company Sports
Direct International Plc is in talks to bid for Eastern
Outfitters LLC, the parent of U.S. discount chain Bob's Stores
and outdoor retailer...
Read more
Direct International Plc is in talks to bid for Eastern
Outfitters LLC, the parent of U.S. discount chain Bob's Stores
and outdoor retailer...
Read more
Reckitt Benckiser in talks to buy Mead Johnson Nutrition - WSJ
Feb 1 (Reuters) - UK consumer giant Reckitt Benckiser Group
Plc is in talks to buy baby-food maker Mead Johnson
Nutrition Co, The Wall Street Journal reported, citing
sources.
Read more
Plc is in talks to buy baby-food maker Mead Johnson
Nutrition Co, The Wall Street Journal reported, citing
sources.
Read more
INSIGHT-China's "Silk Road" push stirs resentment and protest in Sri Lanka
HAMBANTOTA, Sri Lanka, Feb 2 (Reuters) - China signed a deal
with Sri Lanka late last year to further develop the strategic
port of Hambantota and build a huge industrial zone nearby, a
key part of...
Read more
with Sri Lanka late last year to further develop the strategic
port of Hambantota and build a huge industrial zone nearby, a
key part of...
Read more
BRIEF-J&J says upon termination of transaction agreement, under some circumstances, Actelion may be obligated to pay co a fee
* J&J - upon termination of transaction agreement, under
some circumstances, Actelion may be obligated to pay co a fee -
sec filing
Source text - http://bit.ly/2jWFeAh
Further company coverage:
Read more
some circumstances, Actelion may be obligated to pay co a fee -
sec filing
Source text - http://bit.ly/2jWFeAh
Further company coverage:
Read more
BRIEF-Harris says If agreement is terminated under some circumstances, MHVC Acquisition would be required to pay co reverse termination fee of $40 mln
* Harris-If agreement is terminated under some
circumstances, mhvc acquisition would be required to pay co
reverse termination fee of $40 million - sec filing
Source text -...
Read more
circumstances, mhvc acquisition would be required to pay co
reverse termination fee of $40 million - sec filing
Source text -...
Read more
Deals of the day-Mergers and acquisitions
Feb 1 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Wednesday:
Read more
and disposals were reported by 2100 GMT on Wednesday:
Read more
UPDATE 1-Board of Brazil's Oi seeks to solve debt problem before discussing investments
SAO PAULO, Feb 1 (Reuters) - The board of Brazil's
fourth-largest wireless carrier Oi SA on Wednesday
decided to first solve its court-supervised reorganization
before discussing a potential capital...
Read more
fourth-largest wireless carrier Oi SA on Wednesday
decided to first solve its court-supervised reorganization
before discussing a potential capital...
Read more
Medical helicopter company Air Methods exploring sale - WSJ
Feb 1 (Reuters) - U.S. medical helicopter company Air
Methods Corp is exploring a potential sale, the Wall
Street Journal reported on Wednesday, citing people familiar
with the matter.
Read more
Methods Corp is exploring a potential sale, the Wall
Street Journal reported on Wednesday, citing people familiar
with the matter.
Read more
Brazil audit court delays decision on Petrobras asset sales
BRASILIA, Feb 1 (Reuters) - Brazil's federal audit court on
Wednesday postponed a decision regarding asset sales by
state-controlled oil company Petroleo Brasileiro SA,
leaving in place a court order...
Read more
Wednesday postponed a decision regarding asset sales by
state-controlled oil company Petroleo Brasileiro SA,
leaving in place a court order...
Read more
Airbus calls in the movers as power shifts to new HQ
PARIS, Feb 1 (Reuters) - After top-level restructuring at
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return...
Read more
Airbus come the musical chairs and a new logo intended to convey
unity as the European giant aims to refocus its management
without a return...
Read more
UPDATE 1-Arconic digs in heels against Elliott as proxy fight begins
NEW YORK, Feb 1 (Reuters) - Arconic Inc Chief
Executive Officer Klaus Kleinfeld, under pressure from hedge
fund Elliott Management, on Wednesday defended the metal maker's
performance since spinning...
Read more
Executive Officer Klaus Kleinfeld, under pressure from hedge
fund Elliott Management, on Wednesday defended the metal maker's
performance since spinning...
Read more
Atlantia mulls bid for Mexican toll road operator RCO - sources
MILAN/ROME, Feb 1 (Reuters) - Italy's Atlantia is
working on a bid to buy a majority stake in a Mexican toll road
operator as the infrastructure group presses ahead with plans to
grow outside its...
Read more
working on a bid to buy a majority stake in a Mexican toll road
operator as the infrastructure group presses ahead with plans to
grow outside its...
Read more
Tesla drops 'Motors' from name as CEO Musk looks beyond cars
Feb 1 (Reuters) - Tesla Motors Inc changed its name
to "Tesla Inc" as Chief Executive Elon Musk looks to transform
the Silicon Valley firm from an electric car maker to a
diversified energy products...
Read more
to "Tesla Inc" as Chief Executive Elon Musk looks to transform
the Silicon Valley firm from an electric car maker to a
diversified energy products...
Read more
Arconic CEO defends performance as Elliott ramps up pressure
NEW YORK, Feb 1 (Reuters) - Arconic Inc Chief
Executive Officer Klaus Kleinfeld, under pressure from hedge
fund Elliott Management, on Wednesday defended the metal maker's
performance since spinning...
Read more
Executive Officer Klaus Kleinfeld, under pressure from hedge
fund Elliott Management, on Wednesday defended the metal maker's
performance since spinning...
Read more
BRIEF-Savaria buys Premier Lifts for $3.5 mln
* Entered into an agreement to acquire all of assets of
Premier Lifts, Inc
Source text for Eikon:
Further company coverage:
Read more
Premier Lifts, Inc
Source text for Eikon:
Further company coverage:
Read more
BRIEF-HCI group real estate unit acquires Pineda Landings shopping center
* HCI Group real estate division acquires 100 percent
ownership of newly-built Melbourne, Florida shopping center
Read more
ownership of newly-built Melbourne, Florida shopping center
Read more
BRIEF-Liberty Hall capital partners acquires Quatro Composites
* Liberty Hall Capital Partners acquires Quatro Composites
Source text for Eikon:
(Bangalore.newsroom@thomsonreuters.com)
Read more
Source text for Eikon:
(Bangalore.newsroom@thomsonreuters.com)
Read more
Ex-JPMorgan analyst largely cleared in U.S. of insider trading
Feb 1 (Reuters) - A former JPMorgan Chase & Co
investment banking analyst has been largely cleared of U.S.
charges that he disclosed information about upcoming mergers
that allowed a friend and...
Read more
investment banking analyst has been largely cleared of U.S.
charges that he disclosed information about upcoming mergers
that allowed a friend and...
Read more
Pipeline company Oneok to buy rest of Oneok Partners for $9.3 bln
Feb 1 (Reuters) - Natural gas pipeline company Oneok Inc
, which owns more than 19 percent of Oneok Partners LP
, said it would buy the remainder of the company for $9.3
billion.
Read more
, which owns more than 19 percent of Oneok Partners LP
, said it would buy the remainder of the company for $9.3
billion.
Read more
BRIEF-Oneok to buy rest of Oneok Partners for $9.3 bln
* Oneok announces agreement to acquire remaining public
stake in Oneok partners in a transaction valued at $17.2 billion
Read more
stake in Oneok partners in a transaction valued at $17.2 billion
Read more
UPDATE 1-GE to sell entire stake in S.Korea's Hyundai Card
SEOUL, Feb 1 (Reuters) - General Electric said on
Wednesday it has agreed to sell its 43 percent stake in South
Korean credit card firm Hyundai Card Co Ltd as the
U.S. industrial giant continues to...
Read more
Wednesday it has agreed to sell its 43 percent stake in South
Korean credit card firm Hyundai Card Co Ltd as the
U.S. industrial giant continues to...
Read more
UPDATE 2-UK Stocks-Factors to watch on Feb. 1
Feb 1 (Reuters) - Britain's FTSE 100 index is seen opening 34 points
higher at 7,134 on Wednesday, according to financial bookmakers, with futures
up 0.5 percent ahead of the cash market open.
Read more
higher at 7,134 on Wednesday, according to financial bookmakers, with futures
up 0.5 percent ahead of the cash market open.
Read more
Hyundai Commercial to buy part of GE stake in credit card firm for $258 mln
SEOUL, Feb 1 (Reuters) - Hyundai Commercial Inc
on Wednesday said it has decided to buy part of General Electric
Co's (GE) stake in South Korean credit card firm Hyundai
Card Co Ltd for 298 billion...
Read more
on Wednesday said it has decided to buy part of General Electric
Co's (GE) stake in South Korean credit card firm Hyundai
Card Co Ltd for 298 billion...
Read more
BRIEF-GE to sell 43 pct stake in Hyundai Card to Hyundai Commercial, Affinity Equity Partners, GIC and Alpinvest
* GE to sell shares in Hyundai Card Co. to Hyundai
Commercial, Affinity Equity Partners and other investors
Read more
Commercial, Affinity Equity Partners and other investors
Read more
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