Reuters - Deals Today

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Tuesday, January 9, 2018

GoPro says open to sale but not actively pursuing

(Reuters) - GoPro Inc would be willing to partner with a larger sector player but is not actively engaged in a sale, the action camera-maker said on Monday, as its shares partly rebounded from earlier heavy losses.

$11 billion biotech binge fuels forecasts of 2018 M&A surge

LONDON (Reuters) - An $11 billion burst of biotech bids in just four days has fueled expectations of a 2018 surge in life science deals as large drugmakers shop for promising assets from smaller rivals.

Ablynx soars after rejects Novo Nordisk's $3.1 billion biotech bid

COPENHAGEN/BRUSSELS (Reuters) - Denmark's Novo Nordisk, the world's biggest insulin maker, went public with a 2.6 billion euro ($3.1 billion) bid for Belgian biotech group Ablynx on Monday, seeking a new source of growth by bolstering its treatments for rare blood disorders.

Altice NV shares surge on plans to spin off U.S operation

PARIS (Reuters) - Shares in telecoms and cable group Altice rose on Tuesday after Altice said its board had approved plans to spin-off its U.S. unit from its European operation.

Europe's Altice boosted by plans to spin off U.S. operation

PARIS/NEW YORK (Reuters) - Telecoms and cable group Altice NV is separating its U.S. and European operations to try to reassure investors alarmed by its high debt and low revenue generation, especially in its core French telecoms business.

Airbus, Areva sign agreements in China as Macron visits Beijing

BEIJING (Reuters) - Airbus on Tuesday signed a memorandum of understanding with China's state planner on expanding cooperation in the aeronautical industry in the northern Chinese city of Tianjin, as part of French President Emmanuel Macron's visit to China.

German drugmaker Dermapharm plans March IPO - sources

FRANKFURT (Reuters) - German non-prescription drugmaker Dermapharm is planning to list on the Frankfurt stock exchange before the Easter holidays, in a deal that is expected to value the company at more than 1 billion euros ($1.2 billion), people familiar with the matter said.‎

Exclusive: Bankers invited to Saudi Arabia to pitch for Aramco listing roles

LONDON/DUBAI (Reuters) - Saudi Aramco has invited banks pitching for roles in its stock market listing, including Citi and Goldman Sachs, for meetings in the kingdom in the coming weeks to make their case, according to three banking sources familiar with the matter.

Regulator rejects Spanish ministers' complaint on Atlantia bid

MADRID (Reuters) - Spain's market regulator on Monday stood by its 2017 authorization of a 15.6 billion euro ($18.7 billion) bid by Italy's Atlantia for Spanish rival Abertis , quashing a Spanish government request to revoke the approval.

Niki sale to BA owner IAG threatened by German court

FRANKFURT (Reuters) - Airline Niki's insolvency should have been filed in Austria not Germany, a Berlin court ruled on Monday, in a move which could unravel last month's deal to sell the Air Berlin business to British Airways owner IAG .