Friday, 12 January 2018

Reuters Deals Today: January 12, 2018

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Friday, January 12, 2018
FCC pauses review of Sinclair's plan to buy Tribune Media Co
WASHINGTON (Reuters) - The Federal Communications Commission said on Thursday that it was pausing its review of Sinclair Broadcast Group Inc's plan to buy Tribune Media Company .
HNA's financial sector push suffers new blow as ANZ axes unit's sale deal
(Reuters) - Australia and New Zealand Banking Group Ltd has dropped plans to sell its vehicle finance unit to HNA Group after New Zealand blocked the $460 million deal last month over concerns about the Chinese conglomerate's ownership structure.
Puma CEO says has no plans to take on other brands
BERLIN (Reuters) - Puma has no plans to take on other brands such as Kering's Volcom for the moment, the German sports brand's chief executive said on Friday.
SS&C boosts banking software heft with $5.4 billion DST deal
(Reuters) - SS&C Technologies Holdings Inc said on Thursday it would buy DST Systems Inc in a $5.4 billion deal, expanding its financial technology software prowess through its largest deal to date.
South Korea's Hyundai Oilbank picks advisers for IPO seen worth $1 billion or more: IFR
SEOUL (Reuters) - South Korean refiner Hyundai Oilbank Co Ltd has picked six banks to advise a planned initial public offering (IPO) of at least $1 billion in 2018, IFR reported on Friday, citing people familiar with the situation.
GKN rejects takeover from Melrose, to split in two
LONDON (Reuters) - Troubled British engineer GKN has rejected an unsolicited offer from rival Melrose and set out plans to split its business in half to improve performance as it recovers from a profit warning.
Puma shares slump as luxury group Kering plans spin-off
PARIS/BERLIN (Reuters) - Puma shares tumbled on Friday after French parent Kering said it would spin-off the German sportswear group to its shareholders and focus solely on its luxury fashion and jewelery labels.
Luxury group Kering to spin off Puma to its own shareholders
FRANKFURT/LONDON (Reuters) - Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate's shareholders to focus squarely on its luxury brands.
Peter Thiel submits bid for Gawker, faces challenges
NEW YORK (Reuters) - Venture capitalist Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site the billionaire helped shutter by funding litigation against it, people familiar with the matter said on Thursday.
Carrefour says to buy 17 percent stake in Showroomprive from Conforama
PARIS (Reuters) - French retailer Carrefour has agreed to acquire a 17 percent stake in online fashion retailer Showroomprive.com for 79 million euros from furniture chain Conforama.
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