Reuters - Deals Today

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Friday, June 30, 2017

Buffett's Berkshire to exercise BofA warrants for shares

(Reuters) - Warren Buffett's Berkshire Hathaway Inc said it would exercise its warrants to buy 700 million common shares of Bank of America Corp , making it the largest shareholder of the lender.

Knorr-Bremse to pursue takeover without Haldex backing

STOCKHOLM/MUNICH (Reuters) - German car parts maker Knorr-Bremse [STELLG.UL] on Friday said it would continue its pursuit of Haldex , despite the Swedish company's management withdrawing its support for a takeover because of expected regulatory opposition to a deal.

Race to buy $10 billion-valued GLP narrows down to two groups: sources

SINGAPORE/HONG KONG (Reuters) - The race to buy Global Logistic Properties is now between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, sources said ahead of a Friday deadline to submit bids for the $10 billion-valued firm.

Bayer files for Monsanto takeover approval with EU regulators

FRANKFURT (Reuters) - Bayer has filed a request for approval of its planned $66 billion takeover of U.S. seeds company Monsanto with European Union regulators, a spokesman for the German pharmaceuticals and pesticides maker said on Friday.

Europe M&A surges but U.S. slows sharply amid uncertainty

(Reuters) - Acquisitions of European companies surged in recent months, amid optimism about the region's economic prospects, but global deal-making subsided and the total value of U.S. deals fell sharply due to uncertainty about President Donald Trump's tax reform and deregulation agenda.

Walgreens scraps Rite Aid merger, will instead buy half its stores

(Reuters) - Drugstore chain Walgreens Boots Alliance Inc scrapped its deal to buy Rite Aid Corp after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S. stores for $5.18 billion.

Blue Apron shares make bland debut

(Reuters) - Blue Apron Holdings Inc's shares were up about 1 percent in their market debut on Thursday following the meal-kit delivery company's watered down IPO in the shadow of Amazon.com's deal to buy Whole Foods Market .

Roche buys diabetes app firm in digital health push

ZURICH (Reuters) - Roche has bought Vienna-based diabetes management platform mySugr for an undisclosed price, the Swiss drugmaker said on Friday, joining a growing crowd of companies expanding into app-based digital health services.

Chinese online insurer ZhongAn files for up to $1.5 billion HK IPO: IFR

HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co Ltd, China's first internet-only insurer, has filed for an initial public offering (IPO) in Hong Kong worth up to $1.5 billion, IFR reported on Friday, citing people familiar with the plans.

Billionaire investor Icahn backs off demand for AIG breakup: source

(Reuters) - Billionaire investor Carl Icahn is backing off his demand to break up insurance giant American International Group Inc , following the company's sale of assets and hiring of a new chief executive officer, a person familiar with the matter said.