Reuters - Deals Today

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Monday, December 18, 2017

Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion

(Reuters) - Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.

Hershey to buy SkinnyPop parent Amplify Snack for $1.6 billion

(Reuters) - Hershey Co said on Monday it would buy SkinnyPop popcorn maker Amplify Snack Brands in a deal valued at $1.6 billion, including debt, to bolster its healthy snacks unit.

Penn National to buy Pinnacle Entertainment in $2.8 billion deal

(Reuters) - U.S. casino operator Penn National Gaming Inc said on Monday it would buy Pinnacle Entertainment Inc in a cash and stock deal valued at about $2.8 billion.

Thales' 4.8 billion-euro bid for Gemalto gets thumbs up from investors

PARIS (Reuters) - Shares in defense group Thales rose on Monday after chipmaker Gemalto accepted the French company's 4.8 billion euro ($5.66 billion) takeover bid to create a leader in digital security.

Thai beer magnate extends SE Asia push with $4.8 billion Sabeco deal

Ho CHI MINH CITY/SINGAPORE (Reuters) - Thai Beverage has won an auction to buy a majority stake worth $4.84 billion in Vietnam's top brewer Sabeco , a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi.

German Vonovia climbs property ladder with $6.1 billion Buwog deal

FRANKFURT (Reuters) - Vonovia , Germany's biggest residential property company, has agreed to buy Austrian counterpart Buwog in a cash deal valuing the latter at 5.2 billion euros ($6.12 billion), the two companies said on Monday.

China's Tencent, JD.com invest $863 million in online retailer Vipshop

BEIJING (Reuters) - Chinese internet giant Tencent Holdings Ltd said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd , upping its rivalry in retail with Alibaba Group Holding Ltd .

Founding family ups stake in Idemitsu to over 28 percent

TOKYO (Reuters) - Idemitsu Kosan's founding family, locked in a battle with the firm's management over a proposed buyout of a rival, said on Monday it had increased its stake in the Japanese refiner by nearly 2 percentage points to more than 28 percent.

Blackstone taps Australia's shadow-lending market with La Trobe stake

SYDNEY (Reuters) - Blackstone Group has snapped up an 80-percent stake in property financing company La Trobe Financial for an undisclosed amount, in a move that will help the New York-based investment giant expand in Australia's lucrative mortgage-lending market.

Panthers owner to sell team amid misconduct allegations

(Reuters) - Carolina Panthers owner Jerry Richardson announced on Sunday he will sell the team, hours after the National Football League said it had taken over an investigation into allegations of workplace misconduct by the owner.