Reuters Deals Today: December 29, 2017

Click to View in Browser Friday, December 29, 2017 Airbus sprints from behind in bid to upset Boeing order lead PARIS (Reuters) - Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of billion dollar deals to close a traumatic year dominated by management upheaval and corruption investigations. SoftBank succeeds in tender offer for Uber shares (Reuters) - A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi. SandRidge yields to Icahn pressure, ends Bonanza Creek deal (Reuters) - Oil and gas producer SandRidge Energy on Thursday backed out from its plan to buy smaller rival Bonanza Creek Energy , giving in to pressure from activist investor Carl Icahn and other shareholders. CEOs go M&A hunting as booming markets unleash dealmaking spirits NEW YORK/LONDON (Reuters) - Mergers and acquisitions had another strong year in 2017, reaching their third highest annual level since the 2008 financial crisis, as CEOs were emboldened by buoyant markets to pursue transformative deals, even when their targets resisted. Glencore says oil storage stake sale to China's HNA partly done HONG KONG (Reuters) - Swiss-based trading and mining giant Glencore Plc has partly completed the sale of a 51 percent stake in its storage and logistics businesses to a unit of China's HNA Group, although transfer of some assets is pending U.S. clearance. India's Aarti Industries signs 100 billion-rupee contract with SABIC's U.S. unit (Reuters) - Speciality chemicals and pharmaceuticals manufacturer Aarti Industries Ltd signed a supply contract with a U.S. affiliate of Saudi Basic Industries Corp (SABIC) worth 100 billion rupees ($1.56 billion). China clampdown on overseas deals crimps Asia Pacific M&A volumes in 2017 HONG KONG (Reuters) - Asia Pacific dealmaking activity slipped in 2017 as outbound transactions nearly halved, led by China as Beijing increased scrutiny of crossborder investments and clamped down on some of its most acquisitive - and indebted - conglomerates. Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi HONG KONG (Reuters) - Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city's worst year for raising equity in a decade. India's Reliance Jio to buy RCom's wireless assets in $3.75 billion deal: sources MUMBAI (Reuters) - Debt-laden Reliance Communications has signed a deal to sell its wireless assets to Reliance Jio Infocomm, for a total value of nearly 240 billion rupees ($3.75 billion), two sources familiar with the matter told Reuters on Friday. Airbus, Indigo Partners finalize deal for 430 A320neo planes (Reuters) - Aerospace group Airbus said on Thursday it has finalised orders for 430 A320neo aircrafts with U.S. private equity fund Indigo Partners, confirming the company's largest single order, valued at nearly $50 billion. Related Video Hong Kong eyes blockbuster tech IPO lineup South Korean students dive into virtual coins 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