Reuters - Deals Today

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Tuesday, December 19, 2017

Hershey, Campbell bet nearly $6 billion on healthy snacks makers

(Reuters) - Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods.

Greenyard targets U.S. market with talks to acquire Dole Food

(Reuters) - Belgian fresh and frozen foods company Greenyard NV said on Tuesday it was in advanced negotiations to acquire Dole Food Company [DFCI.UL], the world's largest fruit and vegetable producer, confirming a Reuters report.

Germany's Delivery Hero sells foodpanda India to Ola in stock deal

FRANKFURT/NEW DELHI (Reuters) - Germany's Delivery Hero , an online food ordering and delivery marketplace, is selling its foodpanda India business to Ola in return for shares in the Indian ride-hailing firm, the companies said on Tuesday.

McDermott adds onshore services with Chicago Bridge buy

(Reuters) - Offshore-focused McDermott International Inc said it would buy onshore-based Chicago Bridge and Iron NV (CB&I) to create an integrated construction and engineering services provider amid a stabilizing global oil market.

NZME says New Zealand High Court upholds move to block purchase of Fairfax unit

(Reuters) - NZME Limited , the owner of New Zealand's top-selling newspaper, said on Tuesday that the country's High Court upheld the competition regulator's decision to block its purchase of Fairfax Media Limited's New Zealand unit.

China's Feihe International to buy Vitamin World: sources

(Reuters) - Chinese dairy products maker Feihe International Inc will acquire Vitamin World Inc out of bankruptcy for $28 million, after the U.S. nutritional supplements retailer received no other bids, people familiar with the matter said on Monday.

Rogers Communications seen having options for Toronto Blue Jays baseball team

TORONTO (Reuters) - Rogers Communications Inc , which has said it will keep ownership of the Toronto Blue Jays, could look to leasing, licensing and other financial tools to generate value from the Major League Baseball club, sports dealmakers told Reuters.

Old Mutual sells Buxton UK funds business for $800 million

LONDON (Reuters) - Old Mutual is selling part of its UK asset management business, run by veteran investor Richard Buxton, to private equity firm TA Associates for 600 million pounds ($803 million), as it heads towards a break-up of the group.

Singapore sovereign fund GIC to buy stake in Tokyo office tower for $558 million

TOKYO (Reuters) - Singapore sovereign fund GIC Pte [GIC.UL] said on Tuesday it would acquire a 43 percent stake in a 34-storey office building in Tokyo's central district of Shinjuku for $558 million, in one of the largest property transactions in Japan this year.

Singaporean billionaire defends bid for M&C Hotels in face of investor opposition

LONDON (Reuters) - Kwek Leng Beng, the Singaporean billionaire attempting to take over Millennium & Copthorne Hotels , defended his bid on Monday after a group of investors argued it was too low and sought to block the deal.