Reuters Deals Today: July 25, 2017

Click to View in Browser Tuesday, July 25, 2017 Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion LONDON (Reuters) - U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner. Activist investor urges sale of Barnes & Noble (Reuters) - Activist investor Sandell Asset Management Corp on Tuesday urged U.S. bookstore chain operator Barnes & Noble Inc to sell itself. Activist hedge funds pull hard on the M&A lever NEW YORK (Reuters) - Of all the demands that activist hedge funds make, one has emerged as a clear favorite over the past year: asking the management of a company they target to put up the "for sale" sign. Hong Kong fund leads chase for Germany energy management group Ista: sources FRANKFURT/LONDON (Reuters) - Hong Kong's CK Infrastructure (CKI) is seen as the frontrunner to buy German metering and energy management group Ista for more than 4.5 billion euros ($5.2 billion), sources close to the matter told Reuters. Stada boards recommend that shareholders accept sweetened bid FRANKFURT (Reuters) - Stada's management board and supervisory board are recommending that shareholders accept a sweetened takeover offer for the German generic drugmaker from buyout groups Bain Capital and Cinven, Stada said on Tuesday. Refresco to buy Cott's bottling operations for $1.25 billion AMSTERDAM (Reuters) - Netherlands-based drinks bottler Refresco has agreed to buy the bottling activities of Canada-based Cott Corp for $1.25 billion, giving a big boost to its business in the United States, the world's largest soft drinks market. Brushing off bank worries, HNA taps Goldman for unit Pactera's IPO: sources HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said. AB InBev's Australian unit keen on Sabeco, Habeco stakes: Vietnam HANOI (Reuters) - Vietnam said Australia's Carlton & United Breweries (CUB), part of the world's largest brewer Anheuser-Busch InBev , has expressed its interest in becoming a strategic investor of Vietnam's top brewers Sabeco and Habeco . Nasdaq to acquire UK market surveillance startup NEW YORK (Reuters) - Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyze the behavior of their traders in order to prevent market abuse. Exclusive: Saudi Arabia hires Goldman for Riyadh airport stake sale - sources DUBAI (Reuters) - Saudi Arabia has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatization of an airport in the kingdom, three sources familiar with the matter said. Related Video No deal on Russia sanctions bill yet, says key U.S. senator China plans hundreds of panda-shaped solar plants along Belt and Road 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