Friday, 21 April 2017

Reuters Deals Today: April 21, 2017

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Friday, April 21, 2017
Panasonic raises PanaHome buyout offer to appease shareholders
TOKYO (Reuters) - Japanese electronics conglomerate Panasonic Corp has raised its offer to buy out subsidiary PanaHome Corp , in an effort to satisfy the housebuilder's shareholders, who were unhappy with the original bid.
China Mobile, others approached for buying into Singapore telco M1: sources
SINGAPORE (Reuters) - Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said.
UK government extends period for regulators to report on Sky/Fox merger
LONDON (Reuters) - The British government on Friday extended the period within which competition regulators must report on Rupert Murdoch's $14.5 billion bid to take over pay-TV group Sky by one month due to the country's national election on June 8.
Atlantia CEO says only interested in friendly deal with Abertis
ROME (Reuters) - Atlantia's CEO Giovanni Castellucci said the Italian toll-road operator was interested in a tie-up with rival Abertis only if the takeover could be conducted in a friendly manner, involving the Spanish group's top shareholder La Caixa.
AGIC Capital snaps up medical laser maker, eyes China market
HONG KONG (Reuters) - AGIC Capital, a $1 billion Asian-European private equity firm, agreed on Friday to buy Central European medical laser company Fotona from U.S. investment firm The Gores Group, targeting growth in China and other Asian countries.
UK's Sports Direct enters U.S. with Bob's Stores/Mountain Sports deal
LONDON (Reuters) - British retailer Sports Direct has entered the United States market by buying 50 stores trading as Bob's Stores and Eastern Mountain Sports for $101 million, it said on Friday.
Anthem denies report of talks with Justice Dept regarding merger
WASHINGTON (Reuters) - Health insurer Anthem Inc denied a report on Thursday that it was in negotiations with the Justice Department in an effort to save its merger with smaller rival Cigna Corp .
Western Digital would consider Japan partners for Toshiba chip unit bid
TOKYO (Reuters) - Western Digital Corp , the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with Japanese government-backed investors and would consider a joint bid with them for the chip business, a senior official said on Thursday.
DUET says Australian government approves $5.5 billion takeover by CKI consortium
SYDNEY (Reuters) - Australia's DUET Group on Friday said it had been advised by Cheung Kong Infrastructure Holdings (CKI) that the Australian government has approved the Hong Kong company's $5.5 billion consortium-led takeover offer.
Intelsat to extend debt exchange on OneWeb deal for weeks: sources
SAN FRANCISCO/NEW YORK (Reuters) - Intelsat SA is planning to extend the deadline for investors to swap their bonds in the company for several weeks, seeking to keep its merger with U.S. satellite technology peer OneWeb Ltd alive, according to people familiar with the matter.
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