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Monday, 13 March 2017

Reuters Deals Today: March 13, 2017

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Monday, March 13, 2017
Intel to buy Mobileye for $14-$15 billion, Israeli media say
JERUSALEM (Reuters) - U.S. chip giant Intel has agreed to buy Israeli driverless technology firm Mobileye for $14-$15 billion, Israeli media reported on Monday, in what would be the largest ever acquisition of Israeli high-tech company.
Evonik buys cosmetic ingredients maker Dr. Straetmans
DUESSELDORF, Germany (Reuters) - German chemicals maker Evonik will buy Hamburg-based Dr. Straetmans GmbH, a maker of cosmetic ingredients, for just under 100 million euros ($107 million).
Lloyds looks to move 1,900 staff to IBM to cut costs: union
LONDON (Reuters) - Lloyds Banking Group plans to move about 1,900 staff to IBM in a restructuring plan aimed at reducing costs but which could see the bank's security weakened, according to a trade union.
Car parts maker Gestamp plans $3.6 billion Spanish listing
MADRID (Reuters) - Spanish car parts maker Gestamp is planning an IPO valuing it at around 3.4 billion euros ($3.6 billion), one of the biggest European stock market listings so far this year.
UK's Wood Group to buy rival Amec Foster in $2.7 billion deal
(Reuters) - British oilfield services company John Wood Group has agreed to buy Amec Foster Wheeler in a deal valuing its smaller rival at about 2.2 billion pounds ($2.7 billion) and averting a planned 500 million pound rights issue.
Tokyo bourse, Aramco considering group to study IPO listing in Japan
TOKYO (Reuters) - Aramco and the Tokyo Stock Exchange (TSE) are considering setting up a joint group to study a potential stock market listing of the Saudi Arabian state oil giant in Japan, the governments of Japan and Saudi Arabia said, as bourses in Asia and elsewhere attempt to win the $100 billion listing.
Wanda's $1 billion deal to buy Hollywood's Dick Clark scrapped
(Reuters) - Eldridge Industries, the U.S. owner of Dick Clark Productions Inc, said on Friday that one of its affiliates terminated an agreement to sell off the TV production company to Chinese conglomerate Dalian Wanda Group.
Exclusive: Brazil's Cemig seeks partner, IPO for two main units
SAO PAULO (Reuters) - Cia Energética de Minas Gerais SA plans to sell a majority stake in two units and list them in São Paulo and New York in coming months, a move that could help Brazil's No. 3 power utility reduce debt and curb state interference, a person with direct knowledge of the plan said on Sunday.
Exclusive: 'Car vending machine' firm Carvana hires banks for IPO - sources
(Reuters) - U.S. used-auto retailer Carvana LLC, which allows customers to pick up cars they buy on the internet from vending machine-like towers, has tapped investment banks for an initial public offering, according to people familiar with the matter.
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.
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