Reuters - Deals Today

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Thursday, May 4, 2017

China's Ant set to ink $3.5 billion loan to help fund MoneyGram bid - Basis Point

HONG KONG (Reuters) - China's Ant Financial, an affiliate of online shopping giant Alibaba Group , is close to signing a $3.5 billion loan a part of which will help fund its purchase of U.S. money transfer company MoneyGram International , Thomson Reuters Basis Point reported.

Kayne Anderson Real Estate to buy Sentio Healthcare for $825 million

(Reuters) - Kayne Anderson Capital Advisors LP's real estate private equity arm said on Thursday it would buy healthcare real estate investment trust Sentio Healthcare Properties Inc for $825 million.

Westinghouse, CB&I spar in court over $2 billion merger dispute

DOVER, Del (Reuters) - Westinghouse Electric Co LLC and Chicago Bridge & Iron Co NV squared off in Delaware Supreme Court on Wednesday in a $2 billion dispute over the huge nuclear power plant cost overruns that led Westinghouse to file for bankruptcy in March.

Exclusive: London tries to lure Saudi Aramco with new listing structure - sources

LONDON/HONG KONG (Reuters) - The London Stock Exchange is working on a new type of listing structure that would make it more attractive for oil giant Saudi Aramco to join the bourse, sources familiar with the discussions said.

Alitalia sale process to kick off within 15 days - minister

ROME (Reuters) - The sale process for troubled flagship carrier Alitalia will kick off in the next 15 days, Italy's Industry Minister said on Wednesday.

EU probing if EDF, Areva deal will hit competition, innovation: source

BRUSSELS (Reuters) - EU antitrust regulators are investigating whether French utility EDF's bid for a majority stake in Areva's nuclear arm would hit competition and innovation in the nuclear services market, a person familiar with the matter said on Wednesday.

Belgium sells part of its stake in BNP Paribas for two billion euros: bookrunner

PARIS (Reuters) - Belgium has sold a quarter of the stake it holds in France's biggest listed bank BNP Paribas for around 2 billion euros ($2.2 billion), a bookrunner for the deal said.

SpaceX president says the company has no IPO plans

NEW YORK (Reuters) - Elon Musk's rocket company SpaceX has no plans for an initial public offering, the company's president said on Wednesday.

Olayan family plans to list its Saudi business: sources

RIYADH (Reuters) - The Olayan family, which controls one of Saudi Arabia's largest conglomerates, is considering listing at least 30 percent of its Saudi business in a sale that could value the company at several billion dollars, banking sources say.

Germany's Allianz bought into UniCredit's share issue: spokesman

MUNICH (Reuters) - Allianz has bought into a record 13 billion euro ($14 billion) share sale Italian bank UniCredit carried out earlier this year, a spokesman for the German insurer said on Wednesday.