Tuesday 1 August 2017

Reuters Deals Today: August 1, 2017

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Tuesday, August 1, 2017
Charter surges as Japan's SoftBank considers bid
(Reuters) - Charter Communications Inc's shares surged to a record high on Monday after a source said Japan's SoftBank Group Corp was considering an acquisition offer, even as Charter shot down the possibility of it being the acquirer in any merger with SoftBank's U.S. wireless carrier, Sprint Corp.
PSA moves swiftly to stamp authority on Opel/Vauxhall
FRANKFURT (Reuters) - PSA Group put new managers in place at Opel and Vauxhall on Tuesday, completing a 2.2 billion euro ($2.6 billion) takeover which helps the French company to become Europe's second-largest carmaker by sales.
The energy patch: where rights offerings are 'sexy' again
WILMINGTON, Del./CHICAGO (Reuters) - Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts.
Vantiv granted extension to make firm bid for Worldpay
LONDON (Reuters) - British payments firms Worldpay said on Tuesday that its U.S. suitor Vantiv has been granted a week-long extension to Aug. 8 to make a firm takeover bid or walk away for six months.
Discovery aims for content clout with Scripps Network bid
NEW YORK (Reuters) - Discovery Communications Inc is acquiring Scripps Networks Interactive Inc for $11.9 billion in a deal expected to boost the company's negotiating leverage as it seeks new audiences.
Seed funding slows in Silicon Valley
SAN FRANCISCO, August 1 (Reuters) - The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies.
AstraZeneca a tricky takeover target after big cancer drug blow
LONDON (Reuters) - Hurdles ranging from existing commercial tie-ups to politics make drugmaker AstraZeneca a problematic takeover target in the wake of last week's big lung cancer setback that hammered the stock and rekindled takeover talk.
Two HNA deals hit hurdles as China tightens scrutiny: sources
HONG KONG (Reuters) - At least two of HNA Group's overseas deals have hit a hurdle as the Chinese conglomerate struggles to take money out of China, said four people familiar with the process, amid a widening crackdown by Beijing on debt-fueled corporate acquisitions.
France wants private shareholder for STX, says Italy's Fincantieri best option: report
MILAN (Reuters) - France wants a private investor for the STX France shipyards and Fincantieri is the best option but the government will be forced to consider other alternatives should negotiations with the Italian shipbuilder fail, the French Finance Minister said on Tuesday in an Italian paper.
SoftBank in talks to invest in India's Flipkart through fund: sources
MUMBAI/BENGALURU (Reuters) - SoftBank Group is still in talks to invest in India's Flipkart - despite the collapse of discussions to fold a smaller rival into India's largest e-commerce site - but it would do so through its Vision Fund, according to sources familiar with the matter.
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