Reuters - Deals Today

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Monday, September 18, 2017

Northrop Grumman to buy missile maker Orbital for $7.8 billion

(Reuters) - U.S. defense contractor Northrop Grumman Corp said on Monday it would buy missile and rocket maker Orbital ATK Inc for about $7.8 billion in cash, with plans to establish a new, fourth business sector.

Walgreens to revise Rite Aid stores deal for antitrust approval: Bloomberg

(Reuters) - Walgreens Boots Alliance Inc is set to revise its agreement to buy some Rite Aid Corp stores, a move that may be enough for the drugstore chain operator to resolve outstanding antitrust concerns, Bloomberg reported.

Exclusive: Filipino fast food group Jollibee eyes bid for UK's Pret A Manger - sources

HONG KONG (Reuters) - Jollibee Foods Corp, popular in the Philippines for its sweet-style spaghetti and fried chicken, is exploring a bid for Britain's Pret A Manger which could value the upscale sandwich chain at over $1 billion, sources familiar with the matter said.

Airbus hits back against Austria in Eurofighter row

VIENNA (Reuters) - Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal.

Itron to buy Silver Spring for $830 million

(Reuters) - Technology services company Itron Inc said on Monday it would buy Silver Spring Networks Inc in a deal valued at about $830 million.

Blackstone taps Morgan Stanley for sale of camera maker Leica: sources

FRANKFURT (Reuters) - Buyout group Blackstone has tasked Morgan Stanley with finding a buyer for its 45 percent stake in German iconic camera maker Leica, people close to the matter said on Monday.

UAE’s Emaar Properties gets $1.5 billion loan from First Abu Dhabi Bank: sources

DUBAI (Reuters) - Dubai-based Emaar Properties obtained a $1.5 billion corporate finance loan from First Abu Dhabi Bank , sources familiar with the matter said on Sunday.

Wenner Media explores sale of Rolling Stone magazine

(Reuters) - Wenner Media [WENNM.UL] said it is exploring strategic options for its majority interest in the Rolling Stone magazine, as the New York-based publisher continues to shift from its print media business amid falling ad revenues.

Australia's Cromwell seeks up to $1.1 billion with Singapore REIT offering - IFR

HONG KONG (Reuters) - Cromwell European Real Estate Investment Trust, a property trust sponsored by Australia's Cromwell Property Group , launched on Monday an up to 927 million euros ($1.1 billion) initial public offering in Singapore, IFR reported citing a term sheet of the deal.

Ford exploring strategic alliance with Indian automaker Mahindra

MUMBAI (Reuters) - Ford Motor Co and Indian automaker Mahindra and Mahindra Ltd announced they are exploring forming a strategic alliance, as traditional automakers increasingly collaborate to meet the threat of competition from technology-focused firms.