Reuters - Deals Today

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Tuesday, January 23, 2018

Bacardi to buy out Patron tequila in $5.1 billion deal

(Reuters) - Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the Mexican spirit.

UK regulator puts brake on Murdoch's $15.7 billion Sky deal

LONDON (Reuters) - Rupert Murdoch's $15.7 billion takeover of Sky is not in the public interest and should be blocked unless a way is found to prevent the media tycoon from influencing the network's news output, Britain's regulator said.

Ex-Ferrari boss takes high-speed rail firm down IPO route

ROME (Reuters) - When former Ferrari boss Luca Cordero di Montezemolo called up fellow businessman Diego della Valle in 2006 and suggested they create a company to run high-speed trains, his friend asked him what he had been drinking the night before.

Activists likely to seek talks with Fortum over Uniper: E.ON CEO

BERLIN (Reuters) - Activist investors that have recently disclosed stakes in German energy group Uniper will likely seek talks with Fortum after the Finnish group's current takeover offer expires on Feb. 2, the chief executive of E.ON said.

Lauda wins back Niki airline he founded, edging out BA owner IAG

VIENNA (Reuters) - Former Formula One champion Niki Lauda has agreed to buy back the Niki airline he founded after his bid was chosen ahead of an offer from British Airways owner IAG , the Austrian company's administrators said on Tuesday.

Thomas Cook likely to use Niki seat capacity after Lauda buys airline

LONDON (Reuters) - Travel group Thomas Cook is likely to buy seats on the Austrian airline Niki after it was bought back by its founder Niki Lauda, a company spokesman said on Tuesday.

China's Sinocare in deal talks, it says after reported interest in J&J unit

HONG KONG (Reuters) - Chinese medical company Sinocare Inc is in preliminary talks on a potential deal, it said on Tuesday after Reuters reported last week that it was a potential bidder for U.S. group Johnson & Johnson's diabetes care business.

Wizz Air keen on Alitalia but only for short, medium-haul routes: CEO to paper

MILAN (Reuters) - Hungarian low-cost airline Wizz Air is interested in Italy's struggling carrier Alitalia but only regarding short and medium-haul routes, Chief Executive Jozsef Varadi told La Repubblica newspaper in an interview.

YNAP shareholder Renzo Rosso says Richemont bid 'fantastic'

MILAN (Reuters) - Yoox Net-a-Porter shareholder Renzo Rosso believes Richemont's bid for full control of the online retailer is of great value, even though he is sorry to see another renowned Italian brand pass under foreign control.

Biotech M&A takes off as Sanofi and Celgene spend $20 billion

(Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.