Reuters Deals Today: March 28, 2017

Click to View in Browser Tuesday, March 28, 2017 Asset sales plan secures EU backing for $130 billion Dow, DuPont merger (Reuters) - Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. Akzo Nobel aims to soothe shareholders over PPG rejection AMSTERDAM (Reuters) - Dutch paints maker Akzo Nobel said it will raise its financial targets and detail plans for its chemicals division next month, as it seeks to win over shareholders and avoid a takeover by U.S. rival PPG Industries . Amazon clinches deal to buy Middle East online retailer Souq.com DUBAI (Reuters) - Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls . Initial public offerings in Britain hit five-year low ahead of Brexit LONDON (Reuters) - Initial public offerings (IPOs) by companies based in Britain have raised $1.53 billion so far in 2017, a 28 percent decline on last year and the lowest year-to-date total since 2012 as Britain prepares to leave the EU, Thomson Reuters data shows. Russia's Alrosa not interested in buying Dominion Diamond MOSCOW (Reuters) - Russian diamond miner Alrosa is not interested in buying Canada's Dominion Diamond Corp , Alrosa's Chief Executive Sergey Ivanov said on Tuesday. Aviva eyes sale of Friends Provident for $500-$700 million: source HONG KONG (Reuters) - Aviva Plc is exploring a sale of its Friends Provident International unit, which offers life assurance and investment products, in a deal that could raise between $500 million and $700 million, a source with direct knowledge of the matter said. Exclusive: China's HNA in talks to buy controlling stake in Forbes - sources HONG KONG (Reuters) - Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of the publisher of Forbes magazine, two sources with knowledge of the matter told Reuters. Japan's Asahi takes on 7.4 billion euro loans to fund AB InBev asset buy TOKYO (Reuters) - Japanese beer maker Asahi Group Holdings Ltd said on Tuesday it will take on 7.4 billion euros (6.36 billion pounds) in bank loans to finance its acquisition of European assets from Anheuser-Busch InBev SAC NV . All aboard: American Airlines takes $200 million stake in China Southern HONG KONG/SHANGHAI (Reuters) - China Southern Airlines Co Ltd said on Tuesday it will sell a small stake to American Airlines Group Inc in a $200 million deal that will give the carriers better access to the world's two largest travel markets. BB Energy buys Morgan Stanley's diesel terminal in Australia LONDON (Reuters) - BB Energy has bought Morgan Stanley's diesel terminal in Australia as the oil trader expands outside its core European and Middle East markets, the trading company said on Tuesday. Related Video Trump trades lose their Wall Street magic Brazil expresses 'relief' over meat ban lift 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