Friday, 15 December 2017

Breaking business news: Exclusive: KKR wins auction for Unilever's spreads business - sources

Click to View in Browser
Friday, December 15, 2017
Exclusive: KKR wins auction for Unilever's spreads business - sources
(Reuters) - Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business after outbidding other buyout firms, people familiar with the matter said on Friday, in a deal expected to top $7 billion.
Wall Street opens higher on tax bill optimism
(Reuters) - Wall Street opened higher on Friday as investors were optimistic about the passage of the Republican's much-awaited tax overhaul bill by the year-end.
Uber investor departs venture firm amid harassment claims
SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.
Tesla largely responsible for slide in U.S. home solar sales: report
(Reuters) - After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.
Icahn steps up fight against SandRidge's plan to buy Bonanza Creek
(Reuters) - Activist investor Carl Icahn on Friday urged SandRidge Energy Inc's stockholders to vote against the oil and gas company's plan to issue shares for its proposed acquisition of Bonanza Creek Energy .
Paralysis at PDVSA: Venezuela's oil purge cripples company
CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine expenses, from taxis to training.
Some Canada firms could move to U.S. amid NAFTA worries: survey
OTTAWA (Reuters) - More a quarter of Canadian firms could move part of their operations to the United States amid uncertainty over the future of the NAFTA trade pact, the nation's export credit agency said on Friday.
Airbus board triggers shake-up to end succession row
PARIS (Reuters) - Airbus confirmed the departure of planemaking chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe's largest aerospace firm.
CSX shares tumble after CEO's medical leave
(Reuters) - CSX Corp's shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.
Chairman of Brazilian conglomerate Odebrecht to step down: paper
SAO PAULO (Reuters) - Emílio Odebrecht will resign as chairman of the board of the scandal-plagued Brazilian engineering conglomerate Odebrecht SA in the first half of next year, newspaper O Estado de S. Paulo reported on Friday, citing an unnamed source.
Related Video
KKR in talks to buy Unilever's spreads business for $7 bln
Tesla largely responsible for slide in U.S. home solar sales - GTM Research
Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today
News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. 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