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Tuesday, June 27, 2017

Charter, Comcast explore wireless partnership with Sprint: sources

(Reuters) - U.S. wireless carrier Sprint Corp is in talks with Charter Communications Inc and Comcast Corp about a partnership to boost the two U.S. cable companies' wireless offerings, according to sources familiar with the matter.

France's JCDecaux, America Movil create joint advertising venture in Mexico

(Reuters) - France's JCDecaux will create a joint venture with Mexican telecommunications group America Movil, it said on Tuesday, as part of the outdoor advertising company's drive to expand in Latin America.

At last minute, Western Digital resubmits bid for Toshiba chip unit

TOKYO (Reuters) - Western Digital Corp and U.S. private equity firm KKR & Co LP have resubmitted an offer for Toshiba Corp's flash memory chip unit, in an eleventh hour effort to prevent the conglomerate signing a deal with its preferred bidder.

Bain, Cinven in talks over potential new Stada offer: sources

FRANKFURT (Reuters) - Bain Capital and Cinven are speaking with investors - mainly with hedge funds - about the terms of a potential new offer for German generic drug maker Stada after its first tender offer fell through, people close to the matter said.

Ubisoft founding family raises stake to ward off Vivendi

PARIS (Reuters) - France's Guillemot family has raised its stake in videogames maker Ubisoft , according to a stock market filing released on Tuesday, as part of their ongoing battle to fend off Vivendi's rival interest in the company.

Singtel's NetLink Trust launches up to $1.95 bln Singapore IPO

HONG KONG (Reuters) - NetLink NBN Trust, the broadband subsidiary of Singapore Telecommunications (Singtel), launched an up to $1.95 billion IPO on Tuesday in the largest new listing in Singapore in more than four years.

StanChart-backed China Bohai Bank seeks market listing

DALIAN, China (Reuters) - China Bohai Bank Co [BOHAI.UL], one of the country's 12 national joint-stock banks, is preparing for an initial public offering (IPO), Chairman Li Fuan said on Tuesday at the World Economic Forum in the northeastern city of Dalian.

Cargill sells fruit processing plant in Brazil to Germany's Doehler: source

SAO PAULO (Reuters) - The Brazilian unit of U.S. food processor Cargill [CARG.UL] agreed to sell a fruit processing plant located in the Sao Paulo state to German food ingredients maker Doehler, a source with knowledge of the deal told Reuters on Monday.

U.S. activist presses for 'bold action' at Nestle

LONDON/NEW YORK (Reuters) - U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens.

Japanese airbag maker Takata files for bankruptcy, gets Chinese backing

Japan's Takata Corp , at the center of the auto industry's biggest-ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key Safety Systems.