Reuters - Deals Today

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Wednesday, May 24, 2017

Linde board to vote on Praxair deal next week: WirtschaftsWoche

FRANKFURT (Reuters) - German industrial gases group Linde's supervisory board will vote next week on a merger agreement with U.S. peer Praxair , German weekly WirtschaftsWoche reported, citing sources close to the negotiations.

Bunge says not in talks with Glencore following approach

CHICAGO (Reuters) - U.S. grains trader Bunge Ltd said on Tuesday it was not in talks with Swiss mining and commodities group Glencore Plc , after the latter said it had made an informal approach to discuss "a possible consensual business combination."

Fidelity & Guaranty to be bought for $1.84 billion

(Reuters) - CF Corp , a blank check company founded by veteran dealmaker Chinh Chu, said on Wednesday it would buy U.S. annuities and life insurer Fidelity & Guaranty Life in an all-cash deal valued at about $1.84 billion.

China's Geely takes 49.9 percent stake in Malaysia's national carmaker Proton

KUALA LUMPUR (Reuters) - Chinese automaker Zhejiang Geely Holding Group on Wednesday said it would buy a 49.9 percent stake in Malaysia's national carmaker Proton from conglomerate DRB-HICOM , marking another major Chinese auto investment in Southeast Asia.

'Clash of Clans' maker Supercell buys majority stake in UK's Space Ape

HELSINKI (Reuters) - Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.

Microsoft to buy cyber security firm Hexadite for $100 million: report

JERUSALEM (Reuters) - Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.

Molecular Partners CEO considers partners, capital hike to boost cash

ZURICH (Reuters) - Molecular Partners could sell more shares or seek a partner for one of its pipeline assets to refill the Swiss biotechnology company's coffers by 2019, Chief Executive Patrick Amstutz told Reuters.

Exclusive: Brazil's JBS and controlling family hire Bradesco for asset sale plan - sources

SAO PAULO (Reuters) - Brazil's JBS SA and its controlling shareholders, facing financial fallout from a corruption scandal, have hired Banco Bradesco SA's investment banking unit to work on a plan to sell several assets, three people with direct knowledge of the situation said on Tuesday.

DONG Energy to sell oil, gas business to Ineos for $1.3 billion

COPENHAGEN (Reuters) - Danish utility and offshore wind farm developer DONG Energy has agreed to sell its oil and gas business to petrochemicals firm Ineos for $1.3 billion, it said on Wednesday, the latest in a string of North Sea deals.

General Electric signs 1 billion riyal deal to build gas turbines in Saudi Arabia

RIYADH (Reuters) - General Electric (GE) signed a one billion riyal ($267 million) joint venture agreement on Wednesday with Saudi Arabia's state-backed Dussur industrial development company to manufacture gas turbines in the eastern city of Dammam.