Wednesday, 5 April 2017

Reuters Deals Today: April 5, 2017

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Wednesday, April 5, 2017
EU clears ChemChina takeover of Syngenta with conditions
BRUSSELS (Reuters) - ChemChina [CNNCC.UL] won EU antitrust approval on Wednesday for its $43 billion bid for Swiss pesticides and seeds group Syngenta , a crucial deal that could help China boost its domestic agricultural output.
Toshiba's Westinghouse fired chairman two days before bankruptcy filing
TOKYO (Reuters) - Westinghouse Electric Co LLC fired its chairman two days before the U.S. nuclear engineering unit of Toshiba Corp filed for bankruptcy last week, as the Japanese firm tries to draw a line under the travails of a business that has cost it billions.
JAB Holding to buy bakery chain Panera Bread in $7.5 billion deal
(Reuters) - JAB Holdings, the owner of Caribou Coffee and Peet's Coffee & Tea, said on Wednesday it would buy U.S. bakery chain Panera Bread Co in a deal valued at about $7.5 billion, including debt, as it expands its coffee and breakfast empire.
Blackstone to sell $2.7 billion Australian mall portfolio: source
SYDNEY (Reuters) - Blackstone Group has put an A$3.5 billion ($2.65 billion) shopping mall portfolio in Australia up for sale, said a source familiar with the matter, in what could be one of the country's largest ever real estate transactions.
Actelion shareholders back R&D spinoff, keep J&J deal on track
ZURICH (Reuters) - Shareholders in Swiss biotech group Actelion approved on Wednesday spinning off its drug discovery and early clinical pipeline into a new company, keeping Johnson & Johnson's $30 billion takeover on track to close in the second quarter.
ExxonMobil says in talks to buy Singapore's Jurong Aromatics
SINGAPORE (Reuters) - ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.
Amazon acquires right to buy stake in fuel cell maker Plug Power
(Reuters) - Amazon.com Inc has acquired the right to buy up to 23 percent of hydrogen fuel cell maker Plug Power Inc , in a deal giving the retailer powerful batteries that promise to speed up work in its warehouses, Plug Power said on Wednesday.
Final bids for German drugmaker Stada expected Friday: sources
FRANKFURT (Reuters) - The battle for German drugmaker Stada is edging towards a close, with final offers from two private equity consortia expected on Friday evening, three people close to the matter said.
Wood Group estimates higher cost savings from Amec Foster deal
(Reuters) - Oil services company John Wood Group Plc said it expected about 36 percent more cost savings from its deal to buy Amec Foster Wheeler Plc for 2.2 billion pounds ($2.7 billion) than it first estimated when announcing the deal in March.
EU regulators block HeidelbergCement, Schwenk's Croatian deal
BRUSSELS (Reuters) - EU antitrust regulators blocked on Wednesday a joint bid by German cement producers HeidelbergCement and Schwenk for Cemex's Croatian business after the companies failed to address competition concerns.
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