Reuters - Deals Today

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Tuesday, August 22, 2017

Oil major Total's shares rise as analysts welcome Maersk Oil deal

PARIS (Reuters) - Shares in Total rose on Tuesday on the back of upbeat analyst comments regarding the French oil major's $7.45 billion takeover of Maersk Oil.

Italy, France, Germany ask EU to boost powers to block foreign acquisitions -reports

MILAN (Reuters) - Italy, France and Germany have asked the European Commission to reinforce existing regulations that allow EU states to block foreign acquisitions of European companies, two Italian dailies reported on Tuesday.

Sempra Energy to buy Oncor for $9.45 billion in blow to Berkshire

(Reuters) - Utility Sempra Energy said on Monday that it would buy Oncor for $9.45 billion in cash after majority owner Energy Future Holdings Corp abandoned a deal to sell the power transmission company to Warren Buffett's Berkshire Hathaway Inc.

India's Essar to pay $1.18/share to minority shareholders: statement

NEW DELHI (Reuters) - India's Essar Group will pay 75.48 rupees ($1.18) apiece to the minority shareholders who tendered Essar Oil shares under a delisting offer ahead of the company's sale to a consortium led by Russian oil major Rosneft , the company said.

Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

SINGAPORE (Reuters) - Singapore's biggest taxi operator, ComfortDelgro Corp Ltd , entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab.

Malaysia's RHB Bank and AmBank likely to ditch merger plans: sources

KUALA LUMPUR (Reuters) - Malaysia's RHB Bank and AMMB Holdings (AmBank) are likely to abandon their planned merger, three sources familiar with the matter told Reuters on Tuesday.

Exclusive: China's 'big four' banks raise billions for Belt and Road deals - sources

HONG KONG (Reuters) - China's largest state-owned commercial banks are raising billions to fund investment under Beijing's "Belt and Road" drive, people close to the matter said, bolstering ambitions to revive Silk Road trade routes and internationalize the yuan.

Germany's Jenoptik buys U.S. automation company Five Lakes

FRANKFURT (Reuters) - German photonics group Jenoptik has bought U.S. process automation firm Five Lakes, a car industry specialist, for an undisclosed sum, it said on Tuesday.

Israel's Meitav Dash pulls out of buyout deal with London-based XIO

JERUSALEM (Reuters) - Meitav Dash, Israel's second-largest investment house, pulled out of a deal to be bought out by London-based private equity firm XIO, saying XIO had changed the terms from the initial offer.

Japan Tobacco to buy Philippine cigarette maker Mighty for $936 million

TOKYO (Reuters) - Japan Tobacco Inc said on Tuesday it would buy the Philippines' No. 2 cigarette maker Mighty Corp for about $936 million, its second large deal in Southeast Asia this month as it deepens its push into emerging markets.