Reuters - Deals Today

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Wednesday, January 3, 2018

U.S. blocks MoneyGram sale to China's Ant Financial on national security concerns

(Reuters) - Ant Financial's plan to acquire U.S. money transfer company MoneyGram International Inc collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.

Dominion Energy to buy Scana Corp in $7.9 billion deal

(Reuters) - Dominion Energy Inc said on Wednesday it would buy Scana Corp in an all-stock deal that values the electric utility company at about $7.9 billion.

German court to decide on Niki insolvency challenge on Thursday

FRANKFURT/VIENNA (Reuters) - A German court is likely to decide on Thursday whether to reverse the insolvency filing of airline Niki, according to a statement from Berlin's civil courts, which could derail the sale of the Air Berlin unit to Britain's IAG .

Air Berlin sells subsidiary Aviation GmbH to Thomas Cook

BERLIN (Reuters) - Collapsed German airline Air Berlin said on Wednesday it had sold its subsidiary Air Berlin Aviation GmbH to Thomas Cook Group Airlines PLC , continuing the carve-up of its business.

RBS sells Lombard assets for $203 million: Sky News

LONDON (Reuters) - Britain's Royal Bank of Scotland has sold offshore assets from its asset financing group Lombard to specialist lenders Investec and Shawbrook Bank for 150 million pounds ($203.4 million), Sky News reported on Wednesday.

Mobileye deal boosts Israeli high-tech exits to $23 billion in 2017

TEL AVIV (Reuters) - Israeli high-tech acquisitions and initial public offering activity soared to $23 billion in 2017 from $10 billion in 2016 due to the $15.3 billion purchase of Mobileye by Intel Corp, data published on Wednesday showed.

China's Didi Chuxing buys control of Brazil's 99 app: report

SAO PAULO (Reuters) - China's ride-hailing application Didi Chuxing has agreed to acquire a majority stake in Brazilian app 99, newspaper Valor Economico said on Wednesday, citing sources familiar with the talks.

Ant's MoneyGram failure casts pall over Chinese dealmaking

HONG KONG (Reuters) - Last January, Alibaba founder Jack Ma met with Donald Trump, then the U.S. president-elect, to discuss helping one million small U.S businesses access Chinese consumers through the e-commerce giant's online platform.

Boeing-Embraer talks have not settled question of control: sources

SAO PAULO (Reuters) - Tie-up talks between Boeing Co and Embraer SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report on Tuesday.

Spectrum Brands to sell battery and appliances businesses

(Reuters) - Consumer product company Spectrum Brands Holding Inc said on Wednesday it is exploring strategic options in a bid to sell its global batteries and appliances businesses in 2018.