Reuters - Deals Today

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Wednesday, August 9, 2017

U.S. card firm Vantiv clinches $10 billion deal to buy Worldpay

LONDON (Reuters) - U.S. credit card processing company Vantiv moved closer to creating a $29 billion global payments powerhouse on Wednesday with a formal offer to buy Britain's Worldpay for 8 billion pounds ($10 billion).

KKR puts planned buyout of Hitachi Kokusai on hold

TOKYO (Reuters) - U.S. buyout firm KKR has put on hold a planned acquisition of Hitachi Ltd's chip making equipment and video solution business, the companies said, citing issues over the terms of the deal.

Blackstone, GIC lead buyout of Goldman's Rothesay Life stake

LONDON (Reuters) - Goldman Sachs has sold its remaining stake in British pensions insurance business Rothesay Life to a trio of existing investors a decade after setting up the company.

Exclusive: France's Lactalis seeks arbitration over BRF deal - source

SAO PAULO (Reuters) - Groupe Lactalis SA has moved forward with arbitration against BRF SA, claiming it refuses to recognize tax and labor liabilities at several plants it sold to the French dairy maker three years ago, a source familiar with the matter said.

AB InBev, Efes to merge Russian operations as sales slide

LONDON (Reuters) - Brewers Anheuser-Busch InBev and Anadolu Efes have agreed to merge their operations in Russia and Ukraine in an attempt to strengthen their position in a declining market.

Russia's Yandex sets up e-commerce venture with Sberbank

MOSCOW (Reuters) - Russia's biggest search engine Yandex said on Wednesday it would set up an e-commerce joint venture with Russia's biggest bank Sberbank on the Yandex.Market platform.

UK government asks watchdog to look into Fox's bid for Sky

(Reuters) - Britain's department of culture said on Tuesday it had written to media watchdog Ofcom for more information on its views on Twenty-First Century Fox's bid for Sky Plc .

Yancoal shareholder lodges complaint over raising for $2.69 billion Rio coal deal

SYDNEY (Reuters) - Hedge fund Senrigan Capital Management has asked Australian regulators to intervene in Yancoal Australia's efforts to fund its $2.69 billion purchase of the Coal & Allied division of Rio Tinto, saying it is unfair to minority shareholders.

Unilever to buy back Dutch preference shares

LONDON (Reuters) - Unilever has agreed to buy certain of its Dutch preference shares and to launch a public offer for the rest that would value them at 450 million euros, as the Anglo-Dutch consumer goods company seeks to simplify its capital structure.

Dish Network, trade groups and others oppose Sinclair Tribune deal

WASHINGTON (Reuters) - Dish Network Corp has joined forces with conservative media, trade and liberal advocacy groups in urging U.S. authorities to reject Sinclair Broadcast Group's proposed $3.9 billion acquisition of Tribune Media.