Reuters Deals Today: May 29, 2017

Categories: Press releases Age: 7 until 13 year 14 until 18 year 19 until 30 year 31 until 64 years 65 and older

7 years ago

Html
Text

Monday, May 29, 2017

China Tower invites banks to pitch for role in up to $10 billion HK IPO: IFR

HONG KONG (Reuters) - China Tower Corp, which owns and manages the mobile phone towers for China's three state-owned telecom operators, has invited investment banks to pitch for a role in a Hong Kong IPO worth up to $10 billion, IFR reported on Monday.

Warren Buffett takes 3 percent stake in Germany's Lanxess

FRANKFURT (Reuters) - Lanxess disclosed on Monday that Berkshire Hathaway , the conglomerate run by billionaire Warren Buffett, had acquired a 3 percent stake in the German chemicals maker.

Saudi's Alawwal Bank picks JPMorgan to advise on merger -sources

DUBAI (Reuters) - Saudi Arabian lender Alawwal Bank , 40 percent owned by Royal Bank of Scotland , has picked JPMorgan to advise it on a proposed merger with Saudi British Bank (SABB), sources familiar with the matter told Reuters on Monday.

Western Digital may join Japan-KKR group for Toshiba chip unit bid: sources

TOKYO (Reuters) - Western Digital Corp may join a consortium of Japanese government money and KKR & Co LP to bid for Toshiba Corp's chip unit, backing away from an earlier demand for an immediate majority stake, two sources familiar with the matter said.

China's Lianhua Supermarket says Alibaba takes 18 pct stake

HONG KONG (Reuters) - China's Lianhua Supermarket Holdings Co Ltd on Monday said shareholder Shanghai Yiguo E-Commerce Co Ltd would sell an 18 percent stake in supermarket chain operator to a unit of Alibaba Group Holding Ltd .

In Aramco IPO pitch, Canada plays up its natural resources expertise

((This May 26th story corrects paragraph 12 to show Falih was speaking at news conference not to Reuters and adds comment on listing))

Acquisitions accelerate as tech giants seek to build AI smarts

SAN FRANCISCO (Reuters) - A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights.

Sherwin-Williams wins U.S. antitrust approval to buy Valspar: FTC

WASHINGTON (Reuters) - Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp , the Federal Trade Commission said on Friday.

Linde board to vote on Praxair merger on June 1: sources

MUNICH (Reuters) - German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday.

PepsiCo in bid to acquire Vita Coco owner: sources

(Reuters) - Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.

Reuters Deals Today: May 29, 2017

Share on

Other newsletters from Reuters.com

Related newsletters

View other categories