Reuters - Deals Today

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Wednesday, July 5, 2017

Amazon/Whole Foods deal piques U.S. interest in Ocado

LONDON (Reuters) - British online grocer Ocado has seen a pick-up in enquiries from U.S. supermarket groups interested in possible partnership deals in the wake of Amazon's $13.7 billion deal to buy Whole Foods, its boss said on Wednesday.

Worldpay to back takeover from U.S. credit card tech firm Vantiv: Sky News

(Reuters) - Worldpay Group Plc , Britain's largest payment processor is "close to" recommending a takeover offer from U.S. credit card technology firm Vantiv Inc , Sky News reported citing sources.

U.S. denim retailer True Religion files for bankruptcy protection

(Reuters) - U.S. denim retailer True Religion Apparel Inc said on Wednesday it filed for bankruptcy protection and signed a restructuring agreement with a majority of its lenders.

Exclusive: China's GSR eyes substantial stake in $9 billion Chilean lithium miner SQM - sources

SANTIAGO/HONG KONG (Reuters) - Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile's Sociedad Quimica Y Minera (SQM), one of the world's biggest lithium producers, according to two sources with knowledge of the matter.

Michelin buys 40 percent stake in Robert Parker wine guide firm

PARIS (Reuters) - Michelin , the tire giant and owner of the Michelin gourmet restaurant guide, has bought a 40 percent stake in the Robert Parker Wine Advocate - the fine wine guide of influential critic Robert Parker.

Indian e-commerce firm Snapdeal rejects rival Flipkart's initial bid: sources

MUMBAI (Reuters) - India's No. 3 e-commerce firm Snapdeal has rejected an initial takeover offer from its larger rival Flipkart, but talks between the two camps that have been working on forging a deal for months continue, sources close to the matter said.

Renault-Brilliance deal seeks to tap China van growth

PARIS (Reuters) - Renault announced a major new commercial vehicles partnership with China's Brilliance on Wednesday, hoping to tap a buoyant market for light trucks and vans that is expected to outperform Chinese car sales growth.

Lufthansa, Fraport sign deal on cost savings after Ryanair row

BERLIN (Reuters) - Lufthansa and Frankfurt airport operator Fraport have signed a deal on cost savings, meaning Lufthansa will grow its business at its main hub, the two companies said in a joint statement on Friday.

Malaysia palm firm FGV's stake sale plan to Indonesia tycoons on hold: sources

KUALA LUMPUR (Reuters) - Talks to sell stakes in Felda Global Ventures Holdings Berhad (FGV) to two Indonesian billionaires have been suspended due to a management crisis at the world's third biggest palm plantation group, sources close to the deal said.

EU not swayed by Knorr-Bremse's Haldex concessions: source

BRUSSELS (Reuters) - EU antitrust regulators have not sought feedback on German car parts maker Knorr-Bremse's [STELLG.UL] concessions to try to win approval for its Haldex bid, suggesting the deal is destined for an in-depth investigation.