Reuters Deals Today: May 9, 2017

Click to View in Browser Tuesday, May 9, 2017 Toshiba ups the ante in chip unit sale with attack on Western Digital TOKYO (Reuters) - Toshiba Corp has told Western Digital Corp not to interfere in the sale of its prized chip unit, rejecting claims it has breached a joint venture contract and threatening legal action. Pentair to split into two publicly traded companies (Reuters) - U.S. pump manufacturer Pentair Plc said on Tuesday it would split up into two publicly traded companies. RWE sees no reason to sell Innogy stake at the moment DUESSELDORF, Germany (Reuters) - RWE is under no pressure to sell stakes in its networks, retail and renewables unit Innogy , Chief Executive Rolf Martin Schmitz said, but added it could make sense to diversify its financial portfolio in the long-term. Exclusive: Hudson's Bay taps debt adviser amid Neiman Marcus bid challenges - sources (Reuters) - Canada's Hudson's Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people familiar with the matter. Anthem argues for 60 days to save merger with balky Cigna WILMINGTON, Del./WASHINGTON (Reuters) - Health insurer Anthem Inc asked a Delaware judge on Monday to give it more time to try to win approval for a merger with rival Cigna Corp , which is seeking to end the deal and collect a $1.85 billion break-up fee. With eye on millennials, Coach buys Kate Spade (Reuters) - Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the popularity of its smaller rival's quirky satchels and totes among millennials. Sinclair Broadcast to buy Tribune Media for about $3.9 billion (Reuters) - Sinclair Broadcast Group Inc said on Monday it would buy Tribune Media Co , one of the largest U.S. television station operators, for about $3.9 billion, giving Sinclair a greater foothold in big broadcast markets like New York and Chicago. Verizon does not feel pressure to do big deal: CEO NEW YORK (Reuters) - Verizon Communications Inc does not see an urgent need to undertake a big strategic merger or acquisition, its chief executive said on Monday, as some Wall Street analysts have urged the wireless company to do. Bayer to sell Liberty crop protection brands to get Monsanto deal passed FRANKFURT (Reuters) - Bayer has agreed to sell its Liberty herbicide and LibertyLink-branded seeds businesses to win antitrust approval for its acquisition of Monsanto , it said on Monday. Japanese oil refiners Idemitsu, Showa Shell sign alliance deal TOKYO (Reuters) - Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said on Tuesday that they have signed a deal to form a business alliance ahead of Idemitsu's takeover of Showa Shell. Related Video Brexit export bounce buys caution China curbs hurt luxury sales in 'Great Gatsby' neighborhood 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