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Tuesday, August 29, 2017

Lufthansa wants Air Berlin long-haul planes: source

FRANKFURT (Reuters) - German airline Lufthansa aims to take on around a dozen of Air Berlin's 17 long-haul aircraft in a carve-up of the insolvent carrier, a person familiar with the matter told Reuters on Tuesday.

Linde, Praxair get second antitrust request from FTC

FRANKFURT (Reuters) - Linde and Praxair said late on Monday they were responding to a second request from the U.S. Federal Trade Commission regarding their planned $74 billion merger and were in a pre-notification phase with the European Commission.

South Korea's LG Electronics bid for ZKW in estimated $1.2 billion deal: Korea Economic Daily

SEOUL (Reuters) - South Korea's LG Electronics participated in a main bidding round to buy Austrian automotive light maker ZKW Group in a deal that could potentially fetch $1.2 billion, Korea Economic Daily said on Tuesday.

ACS sounds out Chinese funds to partner on potential Abertis bid: report

MADRID (Reuters) - Spanish builder ACS is sounding out Chinese funds with headquarters in Hong Kong to partner on a potential counter-bid for toll road company Abertis , Expansion newspaper reported on Tuesday citing investment fund sources.

Liechtenstein's LGT Bank plays up princely ties to woo Asian clients

ZURICH (Reuters) - Liechtenstein's LGT Bank, owned by the mini-state's ruling family, hopes to stand out in Asia's crowded private banking market by touting the clan's own track record of preserving wealth.

Western Digital group finalizing $17 billion deal for Toshiba chip unit: source

TOKYO (Reuters) - A consortium led by Western Digital Corp is close to an agreement to buy Toshiba Corp's $17.4 billion chip business, with the U.S. firm's CEO in Tokyo to finalize the long and contentious talks, a person familiar with the matter said.

GE shifts strategy, financial targets for digital business after missteps

NEW YORK (Reuters) - General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.

U.S. buyout firm to buy CPA Global for 2.4 billion pounds: source

(Reuters) - U.S. buyout firm Leonard Green & Partner has agreed to buy intellectual property services provider CPA Global for 2.4 billion pounds ($3.10 billion) including debt, a source familiar with the matter said on Tuesday.

CBS agrees to buy embattled Australian customer Ten Network

SYDNEY (Reuters) - CBS Corp , the United States' most-watched television network, on Monday said it plans to buy its biggest customer in Australia, Ten Network Holdings Ltd , and launch its streaming service in the country.

ProSieben looking for investors in TV production, e-commerce units

FRANKFURT (Reuters) - ProSiebenSat.1 Media SE said it was looking for possible external investors to back its content production and digital commerce businesses, potentially via separate stock market listings.