Reuters Deals Today: November 20, 2017

Click to View in Browser Monday, November 20, 2017 Marvell Technology to buy Cavium for $6 billion (Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc in a deal valued at about $6 billion, as it seeks to gain scale in a semiconductor industry that is rapidly consolidating. Alibaba goes offline with $2.9 billion stake in China's top grocer (This story corrects title of Weiwen Han in paragraph 9 from analyst to managing partner for Greater China.) UAE oil firm ADNOC may offer 20 percent stake in fuel unit DUBAI/ABU DHABI (Reuters) - Abu Dhabi National Oil Co (ADNOC) said on Monday it may sell as much as a 20 percent stake in its fuel distribution unit, potentially raising up to $2.8 billion. Altice has no plans to sell shares to tackle $58 billion debts PARIS (Reuters) - Altice has no plans to raise cash by selling shares, the telecoms and cable group said on Monday, adding it had no problems with any loans and would cut its debts of $58 billion through asset sales. French government will fend off hostile takeovers: PM PARIS (Reuters) - The French government will defend its national corporate champions against any takeover deemed to be hostile, Prime Minister Edouard Philippe said on Monday. Former Obama administration official in bid for The Weinstein Co (Reuters) - Maria Contreras-Sweet, the former head of the U.S. Small Business Administration (SBA), has submitted an offer to acquire the Weinstein Co, a spokeswoman for the U.S. film and TV studio said on Sunday. Ancala acquires Apache's two North Sea gas pipeline assets LONDON (Reuters) - Independent UK-based infrastructure investment fund Ancala Partners has finalised its acquisition of Apache Corp's interests in two North Sea gas pipeline assets for an undisclosed sum, it said on Monday. Barcelo Hotel plans to buy NH Hotel: Expansión (Reuters) - Family-owned Spanish hotel group Barcelo has proposed to buy rival NH Hotel Group in a multi-billion dollar merger that would create the largest Spanish hotel group, Expansión newspaper reported on Monday, citing sources. ProSieben shares rise on M&A hopes after CEO quits LONDON (Reuters) - Shares in ProSiebenSat.1 rose almost 4 percent on Monday on news that its chief executive would quit early after a series of missteps, rekindling hopes the German broadcaster could become an acquisition target. Mediclinic says will not make new offer for Spire Healthcare JOHANNESBURG (Reuters) - South African private hospital group Mediclinic does not intend to make another offer for Spire Healthcare , the firm said on Monday after the British company rejected an earlier bid. Related Video Brexit and the City: taking London's financial pulse Toshiba's stock issue to ease delisting risk 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