Thursday, 16 March 2017

Reuters Deals Today: March 16, 2017

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Thursday, March 16, 2017
Lone Star seeks to inject $1 billion into Novo Banco for 75 percent stake: sources
LISBON (Reuters) - U.S. private equity firm Lone Star is closer to taking control of Portugal's Novo Banco with an offer to inject up to 1 billion euros ($1.07 billion) into the bank in return for a 75 percent stake, sources told Reuters.
Baidu fires head of group-buying unit over kickbacks
BEIJING (Reuters) - Baidu Inc said on Thursday it fired the head of its Nuomi group-buying service over ethics violations, at a time when the internet giant is looking to retool its sluggish search business and streamline loss-making units including Nuomi.
Qatar took stake in Rocket Internet's HelloFresh: WirtschaftsWoche
BERLIN (Reuters) - Qatar's sovereign wealth fund has taken a stake in Rocket Internet's recipe and ingredients firm HelloFresh as part of a previously announced fundraising, the WirtschaftsWoche magazine reported on Thursday.
Indian billionaire targets Anglo in early sign of mining M&A revival
LONDON (Reuters) - Indian billionaire Anil Agarwal said he was buying a 2 billion pound ($2.45 billion) stake in Anglo American , sending the global miner's shares sharply higher and signaling a possible return to large-scale dealmaking in the sector.
FCA CEO: 'zero interest' in pursuing merger talks with VW CEO
DETROIT (Reuters) - The top executive of automaker Fiat Chrysler Automobiles NV said on Wednesday that he has "zero interest in pursuing" merger talks with his counterpart at Volkswagen AG
Chow Tai Fook Enterprises makes Australian energy play for Alinta
SYDNEY (Reuters) - Hong Kong's Chow Tai Fook Enterprises (CTFE) on Thursday said it had agreed to purchase Australian gas and electricity retailer Alinta Energy, in a deal two sources familiar with the matter said was valued at about A$4 billion ($3 billion).
Head of French retailer Vivarte says has reached deal on debt
PARIS (Reuters) - Private-equity backed French clothing retailer Vivarte, in talks to restructure more than 1.3 billion euros ($1.4 billion) of debt, has sealed a deal with its lenders, chairman and chief executive Patrick Puy told French newspaper Les Echos.
U.S. SEC accuses Heinz guard of insider trading before Berkshire-3G deal
NEW YORK (Reuters) - A former H.J. Heinz Co director's security guard was charged on Wednesday with insider trading in the ketchup maker's stock and options before Heinz was bought in 2013 by Brazil's 3G Capital and Warren Buffett's Berkshire Hathaway Inc .
Nasdaq CEO says tech partnership can help win $100 billion Saudi Aramco IPO
BOCA RATON, Fla. (Reuters) - Nasdaq Inc is touting its technology credentials in its effort to win the listing of Saudi Aramco's upcoming initial public offering, the exchange operator's chief executive said in an interview.
Daishi Bank, Hokuetsu Bank say considering integrating operations
TOKYO (Reuters) - Japan's Daishi Bank and Hokuetsu Bank are considering integrating operations, the banks said on Thursday, in another move that would consolidate regional lenders amid a shrinking population, but had not yet decided anything.
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