Tuesday, 14 March 2017

Reuters Deals Today: March 14, 2017

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Tuesday, March 14, 2017
Ackman's Pershing Square sells Valeant stake, takes $3 billion loss
BOSTON (Reuters) - Billionaire investor William Ackman walked away from Valeant Pharmaceuticals International Inc on Monday with a loss of more than $3 billion as he sold his entire stake in the struggling drug company after trying to rescue it for some 18 months.
Nissan boosts management presence at Mitsubishi Motors
TOKYO (Reuters) - Mitsubishi Motors Corp on Tuesday said an additional four Nissan executives would join its management team as Nissan tightens its control over the smaller, struggling automaker in which it took a controlling stake last year.
Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram
(Reuters) - U.S. electronics payments provider Euronet Worldwide Inc said on Tuesday it offered to buy money-transfer company MoneyGram International Inc for $15.20 per share, trumping Ant Financial's bid of $13.25 per share.
RWE examining all strategic options for group: CEO
ESSEN, Germany (Reuters) - RWE is constantly assessing strategic options for its business, including potential corporate tie-ups and sales of stakes in its network and renewable unit Innogy , its chief executive told journalists on Tuesday.
Canadian, Kuwaiti investors take stake in UK's Thames Water
LONDON (Reuters) - A consortium of Canadian and Kuwaiti investors has agreed to buy a minority stake in Britain's Thames Water from funds managed by Macquarie, ending the Australian group's 11-year investment in Britain's largest water firm.
Intel's $15 billion purchase of Mobileye shakes up driverless car sector
JERUSALEM/DETROIT (Reuters) - Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.
Verizon sought $925 million discount for Yahoo merger, got $350 million
NEW YORK (Reuters) - Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.
Retailer Fnac could become shareholder in music streaming site Deezer
PARIS (Reuters) - French music and books retailer Fnac-Darty and music streaming site Deezer on Tuesday unveiled a strategic alliance, which could see Fnac becoming a Deezer shareholder within three years.
Galenica plans Sante unit IPO in second-quarter, 2016 profit slips 19 percent
BERNE (Reuters) - Swiss drugmaker Galenica will complete the spin-off of its Sante pharmacy unit by July as it splits into two separate publicly listed units, it said on Tuesday.
Canadian fintech DH Corp to be taken private in C$4.8 billion deal
(Reuters) - U.S. investment firm Vista Equity Partners said on Monday it would buy Canada's DH Corp in a deal valued at C$4.8 billion ($3.6 billion), highlighting the growing interest in companies specializing in financial technology.
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