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Monday, May 15, 2017

Lyft partners with Waymo to launch self-driving car pilots

NEW YORK (Reuters) - U.S. ride services company Lyft Inc and Alphabet Inc's self-driving car unit Waymo have launched a self-driving vehicle partnership, bringing together two rivals to dominant ride-sharing service Uber Technologies Inc.[UBER.UL]

Western Digital takes legal action to block sale of Toshiba's chip unit

TOKYO (Reuters) - Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate.

SingPost shares down 6 percent as it reviews acquisition of TradeGlobal

SINGAPORE (Reuters) - Shares in Singapore Post fell as much as 6 percent on Monday to their lowest in more than a year after the firm said it was conducting an in-depth review of an acquisition of a U.S. e-commerce firm for which it took a significant impairment charge.

Thermo Fisher to buy Patheon for about $5.2 billion

(Reuters) - Thermo Fisher Scientific Inc , the world's largest maker of scientific instruments, said on Monday it would buy Dutch drug ingredients maker Patheon NV for about $5.2 billion in cash.

Italy's Atlantia makes $18 billion toll road bid for Spain's Abertis

MILAN/MADRID (Reuters) - Italy's Atlantia bid 16.3 billion euros ($18 billion)for Spain's Abertis on Monday in an effort to create the world's biggest toll road operator with a market value of more than 36 billion euros.

SNC-Lavalin says won't raise offer for WS Atkins

LONDON (Reuters) - SNC-Lavalin will not raise its offer for British engineering and construction firm WS Atkins unless it faces a rival bid for the British firm, the Canadian construction and engineering group said on Monday.

TPG boosts offer for Australia's Fairfax Media, shares leap to six-year high

SYDNEY (Reuters) - U.S. buyout firm TPG Capital Management on Monday raised its cash bid for Fairfax Media Ltd , offering A$2.76 billion ($2.04 billion) for the struggling Australian publisher and sending its shares to a six-year high.

Eldorado to acquire Integra Gold to expand operations in Canada

(Reuters) - Gold producer Eldorado Gold Corp has agreed to buy the remaining shares of Integra Gold Corp, to expand its mining opportunities in the Eastern Abitibi region of Canada.

Vodafone's SAfrican arm Vodacom to take over stake in Kenya's Safaricom

JOHANNESBURG (Reuters) - UK-based telecoms group Vodafone moved to consolidate two of its African interests on Monday with the transfer of a 35 percent stake in Kenya's Safaricom to majority-owned South African subsidiary Vodacom.

Japan Post to swing to profit this year, still hungry for M&A

TOKYO (Reuters) - Japan Post Holdings Co on Monday forecast a return to profit this year and said it would continue growing through acquisitions, despite taking a hit from a massive writedown on its Australian logistics unit.