Bhinneka News Online: Reuters Deals Today: July 26, 2017

Wednesday, 26 July 2017

Reuters Deals Today: July 26, 2017

Click to View in Browser

Wednesday, July 26, 2017

Exclusive: Viacom willing to make an all-cash deal to buy Scripps Networks - sources

(Reuters) - Viacom Inc has informed Scripps Networks Interactive it is willing to pay all cash to acquire the U.S. TV network operator, sources familiar with the matter said on Tuesday.

JPMorgan to merge UK-based private bank with wider European ops: Sky News

(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, is planning to merge its UK-based private banking unit with its wider European wealth operation ahead of the UK's exit from the European Union, Sky News reported on Wednesday.

U.S. firm calls off $416 million pact with China's HNA in absence of regulatory nod

HONG KONG (Reuters) - U.S.-based Global Eagle Entertainment Inc said a $416 million investment from a unit of Chinese conglomerate HNA Group Co Ltd has been canceled as the deal did not receive regulatory approval by an agreed date.

Societe Generale CEO says sees no tie-up with UniCredit: paper

MILAN (Reuters) - Societe Generale has no merger plans with top Italian lender UniCredit, the chief executive of the French bank told Italian daily Il Sole 24 Ore on Wednesday.

BNP Paribas to buy out full stake in Italian insurance unit from Ageas

PARIS (Reuters) - BNP Paribas is to expand further in Italy by buying full control of CARGEAS from insurer Ageas, as the French bank looks to step up cross-selling of products in Italy, where the business has been impacted by a recession.

Germany's Ceconomy enters France with $526 million Fnac Darty stake

BERLIN/PARIS (Reuters) - German consumer electronics retailer Ceconomy will become the largest shareholder in French music and book retailer Fnac Darty , marking its entry into France just weeks after it was spun off from Metro.

Cargill considering bid for JBS' Pilgrim's Pride, paper reports

SAO PAULO (Reuters) - Global commodities trader Cargill Inc [CARG.UL] is considering bidding for Pilgrim's Pride Corp, a U.S.-based chicken processor controlled by scandal-ridden Brazilian group JBS SA, newspaper O Estado de S. Paulo reported on Wednesday.

Seadrill warns again of Chapter 11 as extends $14 billion debt talks

OSLO (Reuters) - Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy was likely.

Hutchison Telecom in talks with various parties for fixed-line assets sale

HONG KONG (Reuters) - Hutchison Telecommunications Hong Kong Holdings Ltd on Wednesday said it was in talks with various parties regarding a potential sale of its fixed-line assets.

France to nationalize STX shipyard if Italy snubs ownership deal

PARIS (Reuters) - The French state said on Wednesday it would nationalize the STX France shipyard if Italy does not accept its offer to split STX's capital equally, putting down a marker on the limits of economic liberalism under new President Emmanuel Macron.