Reuters - Deals Today

Click to View in Browser

Monday, June 19, 2017

Delivery Hero IPO to raise nearly 1 billion euros

FRANKFURT (Reuters) - Online food takeaway firm Delivery Hero said it would sell up to 39 million shares in its initial public offering (IPO), raising around 927 million euros ($1.04 billion), as it seeks to fend off new competitors such as Uber [UBER.UL] and Amazon .

PerkinElmer to buy Germany's Euroimmun for about $1.3 billion

(Reuters) - Scientific instruments maker PerkinElmer Inc said on Monday it would buy Germany's Euroimmun Medical Laboratory Diagnostics AG for about $1.3 billion in cash to expand its reach into autoimmune and allergy diagnostic markets.

With Whole Foods, Amazon on collision course with Wal-Mart

CHICAGO/SAN FRANCISCO (Reuters) - When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment - the world's largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete.

France's Engie to buy 40 percent stake in UAE's Tabreed

ABU DHABI (Reuters) - Engie SA has agreed to buy a 40 percent stake in Dubai's National Central Cooling Company (Tabreed) and help drive the company's expansion in emerging markets such as Turkey, India and Egypt.

China Eastern sells stakes in cargo unit to four firms

SHANGHAI (Reuters) - China Eastern Air Holding said on Monday it has sold almost half of its freight unit to four firms including Legend Holdings and Global Logistic Properties (GLP) in the Chinese aviation sector's first mixed-ownership reform deal.

Celanese, Blackstone to form acetate tow joint venture

(Reuters) - Specialty material company Celanese Corp said on Sunday it agreed with private equity firm Blackstone Group LP to combine their cellulose acetate tow units to form a bigger supplier of the material used in cigarette filters.

Britain's Liberty House submits revised bid for Australia's Arrium

SYDNEY (Reuters) - Britain's Liberty House Group said on Monday it submitted a revised bid for troubled Australian steel group Arrium Ltd , after last week conceding defeat to a South Korean private equity syndicate.

France's Europcar to acquire low-cost rival Goldcar

(Reuters) - Europcar has agreed to buy Europe's largest low-cost car rental company Goldcar, the French firm said on Monday, marking its fourth acquisition this year and sending its shares to a record high.

Amazon to buy Whole Foods for $13.7 billion, wielding online might in brick-and-mortar world

(Reuters) - Amazon.com Inc said on Friday it would buy Whole Foods Market Inc for $13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end grocer into a mass-market merchant and upend the already struggling U.S. retail industry.

J. Crew clinches key lender support for debt deal

(Reuters) - U.S. fashion retailer J. Crew Group Inc has won the support of more than 50 percent of its term loan holders for a deal to trim its $2.1 billion debt load and push back deadlines to repay some of it by two years, the company said on Friday.