Bhinneka News Online: Reuters Deals Today: September 29, 2017

Friday 29 September 2017

Reuters Deals Today: September 29, 2017

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Friday, September 29, 2017

Murdoch opponent challenges UK regulator over Sky deal

LONDON (Reuters) - Activist group Avaaz stepped up its battle to stop Rupert Murdoch buying Sky , launching a legal challenge to the regulator's view that the pay-TV group would still be a "fit and proper" owner of a broadcasting license if the deal goes ahead.

Lyft IPO puts investors in self-driving cars as well as ride services

DETROIT (Reuters) - An initial public offering by Lyft Inc will give investors a way to jump into self-driving cars, although the ride services company and rival Uber Technologies Inc may have to wait years before sending a driverless robotaxi to a customer.

Bayer sells further stake in Covestro for 1 billion euros

BERLIN (Reuters) - German drugs and pesticides group Bayer said on Friday it had further reduced to just under 25 percent its holding in Covestro , the plastics producer which it demerged in 2015, by selling a 6.9 percent stake for 1 billion euros ($1.2 billion).

Japan Post to invest funds from future group share sales for growth: CEO

TOKYO (Reuters) - Japan Post Holdings will use proceeds from future share sales of its financial units on growth measures including on acquisitions, rather than giving money back to shareholders, its CEO said on Friday.

Exclusive: AC Milan's Chinese owner seeks new investors - sources

MILAN (Reuters) - The Chinese owner of former European soccer champions AC Milan is looking for one or more investors to share the financial burden, less than six months after buying the loss-making Italian club, two sources said on Friday.

Roku connects with investors in debut, shares soar over 67 percent

(Reuters) - Shares of video streaming firm Roku Inc rose more than 67 percent in their market debut on Thursday, giving the U.S. IPO market a much-needed shot in the arm.

Aviva sells Italian JV to Banco BPM for 265 million euros

LONDON (Reuters) - British insurer Aviva said on Friday it had agreed to sell its Italian joint venture to Banco BPM for 265 million euros ($312.01 million) in cash.

Offers for AccorHotels' property unit stake seen in October: report

PARIS (Reuters) - Investors looking to buy at least 51 percent of the property unit of French hotel group AccorHotels are due to submit their letters of intent in October, French daily Les Echos said on Friday.

Italy may fine Telecom Italia over Vivendi control: source

ROME (Reuters) - Italy has launched a process that could end with Telecom Italia being fined for failing to notify Rome that French media group Vivendi had assumed de facto control of the phone company, a government source said.

Japan's Genki Sushi, Sushiro to merge: source

TOKYO (Reuters) - The owner of Japanese restaurant chain Genki Sushi Co will buy a one-third stake in bigger rival Sushiro Global Holdings Ltd from private equity firm Permira [PERM.UL], a person with direct knowledge of the deal said.