Wednesday 30 August 2017

Reuters Deals Today: August 30, 2017

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Wednesday, August 30, 2017
Siemens buys self-driving software specialist Tass
FRANKFURT (Reuters) - German industrial group Siemens has agreed to buy Dutch self-driving software specialist Tass International for an undisclosed sum to strengthen its automotive business, it said on Wednesday.
Bain-led consortium in last-minute $18 billion bid for Toshiba chip unit: source
TOKYO (Reuters) - A consortium led by Bain Capital and including Apple Inc has offered a revised last-ditch bid for Toshiba Corp's prized memory chip unit worth about 2 trillion yen ($18.2 billion), a source with direct knowledge of the matter said.
Fujifilm says aims to spend $4.5 billion on M&A over three years
TOKYO (Reuters) - Fujifilm Holdings Corp said it aimed to spend 500 billion yen ($4.54 billion) in strategic acquisitions over three years as it seeks growth outside its traditional photographic film business, which has been shrinking.
Toyota joins Grab's $2.5 billion fund raising, unveils tie-up
TOKYO/SINGAPORE (Reuters) - Toyota Motor Corp's trading arm became the latest participant in ride-hailing firm Grab's current financing round that is expected to raise $2.5 billion, led by Chinese peer Didi Chuxing and Japan's SoftBank Group Corp.
UK's Spectris divests U.S. barcoding business to Omron for $157 million
(Reuters) - Spectris Plc sold its U.S.-based barcoding business to Omron Corp for $157 million in cash, the measuring instruments maker said on Wednesday.
M&S in talks to transfer Hong Kong and Macau stores to franchise partner
(Reuters) - Marks & Spencer has opened talks to sell its wholly owned Hong Kong and Macau stores to franchise partner Al-Futtaim, the British company said on Wednesday.
Britain's Co-op in exclusive takeover talks for wholesaler Nisa
LONDON (Reuters) - Britain's Co-operative Group is in exclusive talks to buy Nisa, entering the fray days after larger rival Sainsbury's suspended its own bid talks for the wholesale group.
China Three Gorges unit seeking $1.5 billion from new investors: sources
HONG KONG (Reuters) - China Three Gorges New Energy, a unit of the country's top hydropower developer, plans to raise about 10 billion yuan ($1.5 billion) from new investors to develop its wind power business, sources with knowledge of the matter said.
South Africa mulls merger of three state-owned airlines
CAPE TOWN (Reuters) - South Africa's government is considering merging its three state-owned airlines into one entity, and offering a 25 percent stake of the holding company to a private equity partner, a cabinet minister said on Wednesday.
Malaysia's Axiata to buy Pakistan telecom towers firm for $940 million
KUALA LUMPUR (Reuters) - Malaysian telecommunications firm Axiata Group's infrastructure unit is buying telecom towers in Pakistan for $940 million in partnership with a local conglomerate, in what will be one of the biggest deals in the South Asian nation.
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