Reuters - Deals Today

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Wednesday, January 31, 2018

Japan's Fujifilm to take over Xerox in $6.1 billion deal, create joint venture

(Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.

Blackstone bets big on Wall St. information business with Thomson Reuters deal

LONDON/NEW YORK (Reuters) - U.S. private equity firm Blackstone Group LP catapulted itself into the major leagues of Wall Street's financial information industry on Tuesday with the acquisition of a majority stake in the Financial and Risk business of Thomson Reuters Corp.

Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs

NEW YORK (Reuters) - Amazon.com Inc , Berkshire Hathaway Inc and JPMorgan Chase & Co said on Tuesday they will form a company to cut health costs for hundreds of thousands of their employees, setting up a major challenge to an inefficient U.S. healthcare system.

SoftBank Group to take majority stake in Line's mobile unit

TOKYO (Reuters) - Japan's Line Corp said on Wednesday that it had entered an agreement with SoftBank Group Corp to give the telecoms and technology firm a majority stake in Line's mobile unit.

Fujitsu agrees to sell majority stake in mobile phone unit to Polaris

TOKYO (Reuters) - Fujitsu Ltd said on Wednesday it had agreed to sell a majority stake in its wholly-owned mobile phone unit to investment fund Polaris Capital Group, as it sharpens focus on its main IT services business.

China's HNA targets $16 billion in asset sales in first half: Bloomberg

BEIJING (Reuters) - China's HNA Group told creditors it would seek to sell about 100 billion yuan ($16 billion) of assets during the first half of the year, Bloomberg reported on Wednesday, citing people familiar with the matter.

China goes nuclear with latest state-brokered power deal

BEIJING (Reuters) - China National Nuclear Corp (CNNC), China's No. 2 nuclear power producer, will take over the country's top nuclear power plant builder to create a company worth almost $100 billion, the latest state-orchestrated marriage in the nation's vast power sector.

Shell says to sell its stake in Thai Bongkot fields to PTTEP for $750 million

BANGKOK/SINGAPORE (Reuters) - Royal Dutch Shell said on Wednesday that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production PCL for $750 million before tax.

Foxconn shareholders approve plan to list unit in Shanghai

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, said on Wednesday its shareholders had approved a plan to list its subsidiary, Foxconn Industrial Internet Co Ltd (FII), on the Shanghai Stock Exchange.

Morgan Stanley, UBS to lead software firm Avast float in London: sources

LONDON/SAN FRANCISCO (Reuters) - The owner of Avast Software has chosen Morgan Stanley and UBS to list the antivirus software business in a multi-million dollar initial public offering in London, sources familiar with the matter said.