Reuters Deals Today: March 10, 2017

Click to View in Browser Friday, March 10, 2017 Akzo Nobel rejects $22 billion PPG bid, looks to spin off chemicals AMSTERDAM (Reuters) - Dutch paints and coatings maker Akzo Nobel NV rejected a 21 billion euro ($22 billion) bid from larger U.S. rival PPG Industries Inc on Thursday, saying instead it wanted to "unlock value" by spinning off its chemicals business. Exclusive: MGM in talks to acquire entirety of Epix - sources (Reuters) - MGM Holdings Inc is in talks to acquire the 81 percent of Epix it does not already own from two of its partners in the premium U.S. channel, Viacom Inc and Lionsgate , people familiar with the matter said on Thursday. Group with Jahm Najafi,Pamplona Capital bid for Time Inc: WSJ (Reuters) - A group that includes Jahm Najafi, chief executive of the Phoenix-based investment firm Najafi Companies, and private-equity firm Pamplona Capital Management has emerged as a bidder for Time Inc , the Wall Street Journal reported, citing people familiar with the matter. Bayer, Monsanto start $2.5 billion asset sale to get merger clearance: sources FRANKFURT (Reuters) - German drug and crop chemical maker Bayer and U.S. seeds company Monsanto are launching asset sales worth roughly $2.5 billion as they seek regulatory clearance for their $66 billion merger, people close to the matter said. Shell sells Canadian oil sands, ties bonuses to emissions cuts LONDON (Reuters) - Royal Dutch Shell has agreed to sell most of its Canadian oil sands assets for $8.5 billion, the latest international oil major to withdraw from the costly and carbon-heavy projects. China's CEFC courts 'teapots' for first domestic refinery acquisition BEIJING (Reuters) - Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global integrated oil player. Top investors to back Deutsche Bank despite uncertain future FRANKFURT (Reuters) - Deutsche Bank's top three investors, who together own almost 20 percent of its stock, are likely to back its latest capital hike, people familiar with the matter said, although smaller shareholders are skeptical about its turnaround plan. Airbnb raises $1 billion in latest round of funding (Reuters) - Online room renting service Airbnb Inc said on Thursday it had raised $1 billion in its latest round of funding, valuing the company at $31 billion. Exxon stumps up $2.8 billion for Mozambique gas gateway to Asia (Reuters) - Exxon Mobil Corp , the world's biggest publicly traded oil producer, has agreed to pay Italy's Eni $2.8 billion for a 25 percent stake in a giant Mozambique gas field to strengthen its position supplying rich Asian markets. Volkswagen and Tata agree to explore cooperation in India: sources BERLIN (Reuters) - Volkswagen has signed an agreement with Tata Motors to explore cooperation in India, company sources close to the matter said, as the German carmaker tries once again to conquer emerging markets. Related Video Dow, S&P 500 snap losing streak Bull market turns eight Related News Wall St. pulls back from record; utilities slump U.S. consumer confidence rises in December Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook