Reuters Deals Today: June 29, 2017

Click to View in Browser Thursday, June 29, 2017 Staples in $6.9 billion sale to private equity firm Sycamore (Reuters) - Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping. Walgreens scraps Rite Aid deal, to buy some stores instead (Reuters) - Drugstore chain Walgreens Boots Alliance Inc terminated its agreement to buy smaller rival Rite Aid Corp after struggling to win antitrust approval, and said it would instead buy 2,186 Rite Aid stores and assets for $5.18 billion in cash. Britain says Fox bid for Sky gives Murdoch too much power over news LONDON (Reuters) - Britain intends to refer Rupert Murdoch's takeover of Sky to a full investigation because the deal raises concerns about the amount of influence the media mogul would wield. DS Smith enters U.S. with $920 million buy, reports higher FY profit (Reuters) - DS Smith Plc , a maker of corrugated cardboard, recycled paper and plastic packaging, said it would buy 80 percent of Interstate Resources, a corrugated packaging business, for $920 million, giving it an entry into the American market. Loss-making Delivery Hero to list at premium to online takeaway peers BERLIN (Reuters) - Loss-making online food takeaway firm Delivery Hero will list on Friday in a flotation that values one of Europe's largest Internet startups at 4.4 billion euros ($5 billion) as investors bet on a rapid shift to ordering on apps. Tesco and Booker want UK regulator to 'fast track' competition probe LONDON (Reuters) - Britain's biggest retailer Tesco and its takeover target Booker have asked the UK competition regulator to "fast track" examination of their 3.7 billion pound ($4.8 billion) deal to a more detailed second stage, they said on Thursday. IndiGo airlines shows interest in buying stake in state-owned Air India - TV NEW DELHI (Reuters) - IndiGo airlines, owned by InterGlobe Aviation , has expressed an unsolicited interest in buying a stake in state-owned carrier Air India, television channel CNBC-TV18 reported on Thursday quoting the aviation ministry. Meal-kit maker Blue Apron goes public, demand underwhelms as Amazon looms (Reuters) - Blue Apron Holdings Inc , the biggest U.S. meal kit provider, raised $300 million as it went public on Wednesday, a third less than it had hoped, as Amazon.com's industry-changing deal to buy Whole Foods Market Inc weighed on the sector. Dow and DuPont reaffirm to close merger in August 2017 (Reuters) - Dow Chemical Co and DuPont on Wednesday reaffirmed their expectation to close their merger in August. Buffett's Berkshire on verge of becoming BofA's top shareholder (Reuters) - Warren Buffett's Berkshire Hathaway Inc may be on the verge of becoming Bank of America Corp's largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses. Related Video Auto industry's next drive: cleaning up dashboards Apple's iPhone turns 10 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