Reuters - Deals Today

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Friday, January 19, 2018

Exclusive: U.S. puts HNA deals on ice until it gets ownership info - source

NEW YORK (Reuters) - The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said.

Exclusive: Brazil credit card processor Stone plans New York IPO: sources

SAO PAULO (Reuters) - Brazilian credit card processing firm Stone Pagamentos SA is planning its initial public offering in New York by the second half of the year, three people with knowledge of the matter said, to raise funds to compete with larger rivals Cielo SA and the Rede division of Itaú Unibanco Holding SA .

HNA Group hires banks to sell shareholding in Spain's NH Hotel

MADRID (Reuters) - Chinese group HNA [HNAIRC.UL] said on Friday it had hired JP Morgan and Benedetto, Gartland and Co to look for possible buyers of its 29.5 percent stake in Spain's NH Hotel Group .

SoftBank telecoms IPO faces headwinds from govt.-backed upstarts

TOKYO (Reuters) - SoftBank Group Corp's expected spin-off of its Japanese telecoms business will lure investors seeking exposure to a solid tech name, but the prospect of tougher competition in a mature industry may turn off those chasing higher returns.

Exclusive: Boeing willing to preserve Brazil's 'golden share' in Embraer deal

BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

Aramco ready to IPO in H2, awaiting govt decision on venue: CEO

DHAHRAN, Saudi Arabia (Reuters) - Saudi Aramco's Chief Executive Amin Nasser said on Thursday that the initial public offering (IPO) of the state oil giant is still planned for the second half of 2018, but the government has not yet made a decision on the listing venue.

EU antitrust regulators clear Qualcomm purchase of NXP

BRUSSELS (Reuters) - EU antitrust regulators have approved U.S. smartphone chipmaker Qualcomm's planned $38 billion acquisition of NXP Semiconductors subject to a series of commitments Qualcomm has made.

SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

China's Wanda to soon announce sale of Australia projects: sources

HONG KONG (Reuters) - Dalian Wanda Group is expected to announce the sale of two Australian property projects in the coming days, people with knowledge of the matter said, as the Chinese firm looks to lessen financial strains caused by a major acquisition spree.

Wyndham to buy La Quinta hotel business for $1.95 billion

(Reuters) - Wyndham Worldwide Corp will buy La Quinta Holdings Inc's hotel operations for $1.95 billion, it said on Thursday, adding another well-known U.S. brand and nearly 900 mid-scale, upper mid-scale and economy locations to its portfolio.