Reuters - Deals Today

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Friday, October 27, 2017

Activist investors scupper $20 billion Clariant-Huntsman merger

ZURICH (Reuters) - Swiss specialty chemicals maker Clariant and U.S. group Huntsman abandoned their $20 billion merger on Friday, notching a win for activist investors who fought the deal for months on the grounds it would destroy shareholder value.

CVS makes more than $66 billion bid for Aetna: sources

(Reuters) - U.S. pharmacy operator CVS Health Corp has made an offer to acquire No. 3 U.S. health insurer Aetna Inc for more than $200 per share, or over $66 billion, people familiar with the matter said on Thursday.

China's HNA in talks to buy e-commerce firm Dangdang likely valued over $1 billion: sources

HONG KONG (Reuters) - China's HNA Group Co Ltd [HNAIRC.UL] is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two people with direct knowledge of the matter told Reuters.

Air Berlin set for final farewell as carve-up talks continue

BERLIN (Reuters) - After almost four decades of flying, Air Berlin's last flight is due to land in its home city on Friday night while its administrators push to split its remaining assets among buyers.

TMF Group ditches London IPO after CVC Capital 1.75 billion euro offer

(Reuters) - Business services firm TMF Group said it would be bought by private equity firm CVC Capital Partners for 1.75 billion euros ($2.03 billion), ending its plans to list on the London Stock Exchange.

Deutsche Telekom labor boss highlights takeover threat

FRANKFURT (Reuters) - Deutsche Telekom could become a takeover target if the German government sells its 31.9 percent stake in the telecommunications group, the head of its works council said in a newspaper interview.

TSX owner to buy commodities trading platform Trayport from ICE

(Reuters) - TMX Group Ltd , owner of the Toronto Stock Exchange, said on Friday it would buy commodities trading platform Trayport from Intercontinental Exchange Inc for C$931 million ($723 million).

Hong Kong could launch pilot for different share classes in 2018: SCMP

HONG KONG (Reuters) - Hong Kong could launch a pilot scheme in 2018 allowing startups valued over $1 billion to list shares with different voting rights on the bourse's main board, provided there is sufficient investor protection, the South China Morning Post (SCMP) reported on Friday, citing two unidentified people.

Henkel buys Shiseido's U.S. professional hair unit for $485 million

FRANKFURT (Reuters) - German consumer goods maker Henkel has agreed to buy Zotos International from Japan's Shiseido Company for $485 million to further grow its footprint in the U.S. professional hair-care sector.

Gaming firm Razer to launch up to $550 million HK IPO on Monday: IFR

HONG KONG (Reuters) - Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to launch on Monday an up to $550 million Hong Kong initial public offering, IFR reported on Friday, citing people close to the deal.