Monday, 27 March 2017

Reuters Deals Today: March 27, 2017

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Monday, March 27, 2017
EU antitrust regulators clear $130 billion Dow, DuPont merger
BRUSSELS (Reuters) - Dow Chemical and DuPont gained conditional EU antitrust approval on Monday for their $130 billion merger by agreeing to significant asset sales, one of a trio of mega mergers that will redraw the agrochemicals industry.
Exclusive: Shell and Anadarko mull clean break from Permian venture - executive
LONDON/HOUSTON (Reuters) - Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive.
China Southern in talks over American Airlines tie-up
SHANGHAI (Reuters) - China Southern Airlines is in talks over a tie-up with American Airlines that could involve the U.S. carrier taking a stake in the state-owned airline, boosting routes between the world's two largest travel markets.
Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday: source
TOKYO (Reuters) - Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends.
Qatar wealth fund CEO says to support LSE whether Deutsche merger goes ahead or not
LONDON (Reuters) - The Qatar Investment Authority, the Gulf Arab state's acquisitive sovereign wealth fund which has a major stake in the London Stock Exchange, (LSE) will continue to support the London exchange whether or not merger talks with Deutsche Boerse go ahead, its CEO said in London on Monday.
Dominion Diamond to explore strategic options, including sale
(Reuters) - Canadian diamond miner Dominion Diamond Corp , which is being pursued by Washington Cos and Stornoway Diamond Corp , said it would explore strategic alternatives, including a sale.
Exclusive: Top Russian carmaker Avtovaz considering delisting from Moscow Exchange -sources
MOSCOW/PARIS (Reuters) - Russia's largest carmaker Avtovaz is considering a delisting from the Moscow Exchange after a secondary share offering later this year, two sources familiar with the matter told Reuters.
Old Mutual sells U.S. fund arm stake to China's HNA
LONDON (Reuters) - Anglo-South African financial services firm Old Mutual said it has sold a 25 percent stake in its U.S. fund management arm to China's HNA for $446 million, as part of its plan to split itself into four companies.
Miner South32 to buy back $500 million of its shares
MELBOURNE (Reuters) - South32 Ltd said on Monday it would return $500 million to shareholders, rewarding investors who had been waiting for the company to use its strong balance sheet and cashflows on bigger payouts or acquisitions.
AccorHotels, Edmond de Rothschild in talks to buy Potel & Chabot
PARIS (Reuters) - AccorHotels and French investment firm Edmond de Rothschild are in talks to buy Groupe Potel & Chabot, a company with sales of around 100 million euros ($105 million) which runs upmarket conference centers and hospitality events.
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