Tuesday, 28 November 2017

Reuters Deals Today: November 28, 2017

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Tuesday, November 28, 2017
Roark Capital to buy Buffalo Wild Wings for $2.9 billion
(Reuters) - Private equity firm Roark Capital Group's majority-owned Arby's Restaurant Group will buy Buffalo Wild Wings Inc in a deal valued at about $2.9 billion.
Emerson Electric pulls Rockwell Automation bid off table
(Reuters) - Factory automation maker Emerson Electric Co on Tuesday withdrew its offer to buy Rockwell Automation Inc after the smaller rival rebuffed its buyout offer twice.
Scotiabank offers $2.2 billion for stake in BBVA's Chilean unit
LONDON (Reuters) - The Bank Of Nova Scotia on Tuesday offered $2.2 billion for a majority stake in the Chilean operations of Banco Bilbao Vizcaya Argentaria SA (BBVA) in a deal that would make the Canadian lender Chile's third largest non-state bank.
France's Casino adopts Ocado's technology for e-commerce expansion
LONDON (Reuters) - French supermarket Groupe Casino has agreed to use British online retailer Ocado's e-commerce platform to expand its business, driving Ocado shares as much as 25 percent higher.
Israel's Mizrahi-Tefahot agrees to buy Union Bank for $400 million
JERUSALEM (Reuters) - Mizrahi-Tefahot Bank , Israel's third-largest lender, said on Tuesday it agreed to buy smaller rival Union Bank of Israel in an all-share deal that will help it to compete better with the country's top two lenders.
Brian Joffe's Long4Life to buy South African drinks maker
JOHANNESBURG (Reuters) - Brian Joffe's South African investment firm Long4Life has agreed to buy Chill Beverages for at least 452 million rand ($33 million) in cash and shares, Long4Life said on Tuesday.
China's NIO Capital eyes $500 million dollar fund for auto investments: sources
HONG KONG (Reuters) - NIO Capital, an investment firm founded by leading Chinese electric vehicle maker NIO, is in talks with prospective investors to raise up to $500 million in a dollar fund aimed at the country's auto sector, people with knowledge of the plans said.
China's HNA CEO sees asset sales as part of adjustment: media
BEIJING (Reuters) - HNA Group CEO Adam Tan said the acquisitive company is making adjustments to conform with national policies, and has sold some investments and real estate projects to improve its liquidity, domestic media reported on Tuesday.
South Korea's Jin Air says IPO to raise $350 million
SEOUL (Reuters) - South Korean budget airline Jin Air Co Ltd said on Tuesday its planned initial public offering (IPO) would raise 381.6 billion won ($350 million).
Meredith to buy U.S. publisher Time in Koch-backed deal
(Reuters) - U.S. media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch.
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