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Tuesday, 5 September 2017

Reuters Deals Today: September 5, 2017

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Tuesday, September 5, 2017
United Tech to buy Rockwell Collins for $30 billion
(Reuters) - Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc , the companies said on Monday, in a deal that bulks up UTC's power with plane makers by creating one of the world's largest makers of civilian and defense aircraft components.
Tronc buys New York Daily News
(Reuters) - Newspaper company Tronc Inc , which owns the Chicago Tribune and the Los Angeles Times, said it acquired the New York Daily News from media and property mogul Mort Zuckerman.
Exclusive: Western Digital offers to exit Toshiba chip bid for better JV terms - sources
TOKYO (Reuters) - Western Digital Corp has offered to drop out of a bid for Toshiba Corp's lucrative semiconductor unit after their talks stalled, seeking instead a stronger position in the two companies' chip joint venture, two sources said on Tuesday.
Amazon fears sink Blackstone's $2.8 billion Australian mall sale
SYDNEY (Reuters) - Private equity giant Blackstone Group has called off the sale of its A$3.5 billion ($2.8 billion) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers of bricks-and-mortar stores.
Medical tech provider Teleflex to buy NeoTract in $1.1 billion deal
(Reuters) - Medical technologies provider Teleflex Inc said on Tuesday it would buy privately-held NeoTract Inc in a deal valued at up to $1.1 billion.
Noble Group in talks to extend $2 billion credit facility deadline
SINGAPORE (Reuters) - Noble Group is in discussions with its North American lenders to extend an October deadline for a $2 billion credit facility, while also taking steps to sell parts of its business to cut debt, its chairman said on Tuesday.
Indonesia's Pertamina eyes Rosneft refinery deal by year end -official
JAKARTA (Reuters) - Indonesian state-owned energy company Pertamina [PERTM.UL] is aiming to sign a joint venture deal with Russian oil giant Rosneft for the development of a new greenfield refinery in Tuban, East Java, by the end of this year, a company official said on Tuesday.
Cenovus Energy to sell Pelican Lake assets for C$975 million
(Reuters) - Canada's Cenovus Energy Inc said on Tuesday it would sell its Pelican Lake heavy oil operations in Alberta for C$975 million ($786.92 million) and the oil company is also considering sale of other assets to reduce debt.
Russia's Rosneft has not received 'peaceful' proposals from Sistema
MOSCOW (Reuters) - Russia's largest oil producer Rosneft has not received any "peaceful" proposals from Sistema to solve their legal wrangling, Rosneft's spokesman Mikhail Leontyev told Reuters on Tuesday.
Third time lucky as Aveva agrees £3 billion software deal with Schneider
LONDON (Reuters) - France's Schneider Electric will take a 60 percent stake in Britain's Aveva after the pair agreed to combine at the third time of asking to create a software business worth about 3 billion pounds ($3.9 billion).
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