Reuters - Deals Today

Click to View in Browser

Thursday, September 14, 2017

UK confirms Murdoch's Sky bid will be examined over broadcasting standards

LONDON (Reuters) - Rupert Murdoch's Twenty-First Century Fox Inc will have to prove it can uphold broadcasting standards in Britain to secure its $15 billion takeover of broadcaster Sky following concerns over his Fox News operations.

JP Morgan says no plans to take control of Ubisoft despite stake

PARIS (Reuters) - U.S. bank JP Morgan said it had no plans to take control of video games maker Ubisoft, making the statement after a disclosure that it indirectly held about 11 percent of Ubisoft's shares.

Aramco says IPO on track after report it is preparing for possible delay

(Reuters) - Saudi Aramco's planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is preparing contingency plans for a possible delay by a few months into 2019.

Toshiba says Western Digital overstating rights over chip business

TOKYO (Reuters) - Toshiba Corp said its business partner Western Digital Corp had been "persistently" overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale.

Deutsche Boerse pays $12.5 million in bid to end insider trading case

BERLIN/FRANKFURT (Reuters) - Deutsche Boerse has agreed to pay fines totaling $12.5 million in a bid to draw a line under allegations of insider trading over share purchases by its chief executive Carsten Kengeter.

Santander is frontrunner for Deutsche's Polish assets: sources

WARSAW (Reuters) - Spanish bank Santander is the frontrunner to buy Deutsche Bank's Polish assets ahead of Portugal's Millennium bcp , two sources familiar with the matter said.

Daimler invests in fast-charging electric battery firm StoreDot

TEL AVIV (Reuters) - Israel's StoreDot, which is developing fast-charging battery technology, said on Thursday it raised $60 million in a third round of financing led by the truck division of Germany's Daimler .

VW's Skoda open to partnerships on India low-cost car: CEO

FRANKFURT (Reuters) - Volkswagen's Skoda division remains open to teaming up with other players to help meet cost targets to build a low-cost car for emerging markets, its chief executive said, after cooperation talks with India's Tata Motors collapsed.

Ryanair CEO says in process of finalizing Alitalia offer

BERLIN (Reuters) - Ryanair is in the process of finalizing a binding offer for Alitalia, which will see it keep the brand, long-haul operations but changing the fleet for short-haul routes, CEO Michael O'Leary said on Thursday.

Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications.