Bhinneka News Online: Reuters Deals Today: May 1, 2017

Monday 1 May 2017

Reuters Deals Today: May 1, 2017

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Monday, May 1, 2017

Twenty-First Century Fox in talks with Blackstone to buy Tribune

NEW YORK (Reuters) - Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an offer to buy Tribune Media Co , one of the largest U.S. television station operators, sources familiar with the matter said on Sunday.

Pembina adds natgas infrastructure with C$9.7 billion Veresen buy

(Reuters) - Pembina Pipeline Corp said it would buy Veresen Inc in a deal valued at C$9.7 billion, including debt, adding natural gas pipelines and processing infrastructure to its oil and natural gas liquids-heavy portfolio.

Two consortiums lodge final bids for Australia's Endeavour Energy: sources

SYDNEY (Reuters) - Australian state-owned power grid Endeavour Energy has attracted final bids from two consortiums comprised of local and foreign investors, and a decision on the expected A$4 billion ($2.99 billion) deal could come within a week, sources said.

Australia dismisses Cable & Wireless appeal for $339 million tax refund

SYDNEY (Reuters) - The remnants of one of Britain's oldest communications firms, Cable & Wireless, on Monday lost an appeal in Australia for a $339 million tax refund over the 2001 sale of Australian communications group Optus to Singapore Telecommunications Ltd (Singtel) .

Exclusive: Blackstone's GSO snaps up J. Crew debt in restructuring gambit

NEW YORK (Reuters) - GSO Capital Partners, private equity firm Blackstone Group LP's credit arm, is acquiring more of J. Crew Group Inc's debt, hoping for a profitable trade that could also give the U.S. fashion retailer more time to stave off bankruptcy, people familiar with the matter said.

Australia's Wesfarmers aims to raise $1.1 billion from Officeworks IPO: broker

SYDNEY (Reuters) - Australia's Wesfarmers Ltd is hoping to raise as much as A$1.5 billion ($1.12 billion) by spinning out its Officeworks stationary division in an initial public offering, a broker who saw the float's marketing materials said on Monday.

Saudi Arabia awards Jeddah airport contract to Singapore's Changi

DUBAI (Reuters) - Sinapore's Changi Airport Group [CHAP.UL] has been awarded the contract to operate the King Abdulaziz International Airport in Jeddah, Saudi Arabia for up to 20 years, the kingdom's aviation authority said on Sunday.

U.S. appeals court blocks Anthem bid to merge with rival Cigna

WASHINGTON (Reuters) - A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna , upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare.

Shaw Communications explores selling ViaWest: sources

(Reuters) - Shaw Communications is looking for a buyer for ViaWest, the U.S. data center company it bought three years ago, according to people familiar with the matter, as the Canadian cable company continues to shed assets it considers non-core.

Hillhouse, CDH-led group offers to buy Belle International in $6.8 billion deal

HONG KONG (Reuters) - A consortium led by private equity firms Hillhouse Capital Group and CDH Investments offered on Friday to buy Belle International Holdings Ltd in a deal valuing the entire Hong Kong-listed shoe retailer at about $6.8 billion.