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Friday, December 8, 2017

Toshiba, Western Digital aiming to settle chip dispute next week: sources

TOKYO (Reuters) - Toshiba Corp and Western Digital Corp have agreed in principle to settle a dispute over the Japanese firm's plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter said.

Tyson Foods raises stake in plant-based protein maker Beyond Meat

(Reuters) - Tyson Foods , the largest U.S. meat processor, said on Thursday it slightly raised its stake in plant-based protein maker Beyond Meat as it looks to tap growing demand for alternative sources of protein.

AT&T/Time Warner antitrust trial set for March

WASHINGTON (Reuters) - The trial to determine if the U.S. Department of Justice can stop AT&T Inc's $85 billion purchase of media company Time Warner Inc will begin on March 19 with no decision expected before the companies' April 22 deadline to complete the deal, a federal judge said on Thursday.

EU has deep competition concerns about Lufthansa, Air Berlin deal

BRUSSELS (Reuters) - Europe's antitrust chief said on Friday that she has "quite deep competition concerns" about German carrier Lufthansa's plan to buy Air Berlin assets.

After years of delays, Vietnam's privatization plans move up a gear

SINGAPORE/HANOI (Reuters) - Foreign investors and bankers who flocked to Vietnam in the past two decades as they sought to cash in on government plans to sell state assets usually left frustrated as what was promised rarely materialized. But now they are finally seeing some modest grounds for optimism.

China's HNA pushes back against liquidity concerns, won't sell assets 'blindly'

HONG KONG (Reuters) - China's HNA Group [HNAIRC.UL] sought to allay growing concerns that the massive conglomerate is facing a liquidity crunch and may need to dispose some recent acquisitions, including stakes in Deutsche Bank and Hilton .

Polish bank PKO denies planning merger with Pekao next year

WARSAW (Reuters) - Poland's biggest bank, PKO BP , denied on Friday it may merge with nearest rival Pekao next year, following a report by Rzeczpospolita newspaper that the two were in talks.

Sweden's Clas Ohlson buys stake in online grocery firm MatHem

STOCKHOLM (Reuters) - Swedish retailer Clas Ohlson will buy a 10 percent stake in one of the country's largest online grocery stores, MatHem, seeking to adapt to changing consumer behavior and a weak sales development in its physical stores.

Hilton says tax cut would finance share buybacks

NEW YORK (Reuters) - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.

Potash CEO meets with Chilean government amid stake sale

SANTIAGO (Reuters) - Potash Corp of Saskatchewan Chief Executive Officer Jochen Tilk met on Thursday with authorities in Chile as the Canadian fertilizer company tries to divest its minority stake in Chilean lithium miner SQM ahead of its proposed merger with rival Agrium Inc.