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Wednesday, 6 September 2017

Reuters Deals Today: September 6, 2017

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Wednesday, September 6, 2017
China's Anbang, HNA considered buying insurance group Allianz: sources
HONG KONG (Reuters) - China's Anbang Insurance Group Co Ltd [ANBANG.UL] and HNA Group Co Ltd [HNAIRC.UL] separately considered buying stakes in German insurer Allianz SE as part of plans to create a global financial empire, people with direct knowledge of the matter said.
Toshiba board reaches no verdict on new Western Digital chip proposal: sources
TOKYO (Reuters) - Toshiba Corp's board, under pressure to clinch a deal for its prized memory chip unit soon, met on Wednesday to review a revised bid proposed by Western Digital Corp but no agreement was reached, people familiar with matter said.
Sports e-commerce firm Fanatics closes $1 billion funding round led by SoftBank
New York (Reuters) - Sports e-commerce firm Fanatics has closed a $1 billion funding round led by SoftBank Group Corp's Vision fund, which will give it the firepower to expand internationally, Chief Executive Doug Mack told Reuters.
German investor Woehrl expects to bid for Air Berlin next week
FRANKFURT (Reuters) - German aviation investor Hans Rudolf Woehrl expects to submit an offer for insolvent Air Berlin early next week, jointly with several partners, he told German television.
Star India injects $192 million into digital content arm
MUMBAI (Reuters) - Star India, a media company backed by Twenty-First Century Fox , has injected 12.33 billion rupees ($192.04 million) into its digital content arm over the last six months amid intense competition among online video providers in India.
Britain's Bell Pottinger explores sale options after South Africa scandal
LONDON (Reuters) - British PR agency Bell Pottinger said on Wednesday it was exploring a potential sale after it lost business for running a racially charged campaign in South Africa, leaving its future increasingly uncertain.
Australia's AGL under pressure to sell, not close, coal-fired plant
MELBOURNE (Reuters) - AGL Energy , Australia's biggest power producer, came under pressure from the government on Wednesday to sell rather than close one of its coal-fired plants in 2022 to help keep the lights on in a market short on stable power supplies.
UTC touts $23 billion deal as stock drops, Boeing turns critic
NEW YORK (Reuters) - Investors and Boeing Co gave two thumbs down on Tuesday to aerospace and industrial company United Technologies Corp $23 billion plan to buy avionics maker Rockwell Collins Inc.
United Tech, Rockwell deal faces bumpy road to approval, especially in the EU
PARIS/NEW YORK/WASHINGTON (Reuters) - U.S. aerospace and industrial company United Technologies Corp faces a long road to win approval for its $23 billion plan to buy avionics maker Rockwell Collins Inc , and the biggest bumps could be in Brussels rather than Washington.
Chinese conglomerate HNA considered stake in Allianz: report
FRANKFURT (Reuters) - Chinese conglomerate HNA Group considered taking a stake in Allianz but was rebuffed by the management of the German insurance giant, the Sueddeutsche Zeitung daily reported on Wednesday.
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