Reuters - Deals Today

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Friday, September 22, 2017

Exclusive: T-Mobile, Sprint close to agreeing on deal terms - sources

(Reuters) - T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with peer Sprint Corp , people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.

Time Inc says in talks to sell several assets

(Reuters) - Magazine publisher Time Inc said it was looking to sell several assets, including Time Inc UK, Time Customer Service and a majority stake in the Essence magazine.

GE nears sale of its industrial unit to ABB: Bloomberg

(Reuters) - General Electric Co is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd in a deal valued at $2.5 billion to $3 billion, Bloomberg reported, citing people with knowledge of the matter.

Toshiba, keen to seal $18 billion chips sale, wrestles with last-minute delays

TOKYO (Reuters) - Japan's Toshiba Corp is locked in last minute discussions over "key issues" with the would-be buyers of its $18 billion memory chip business led by U.S. private equity firm Bain, potentially delaying a formal agreement on the sale.

Shares in HTC rise 9.96 percent on Google's Pixel buyout

TAIPEI (Reuters) - Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday.

Uniper's M&A complications weigh on Fortum shares

HELSINKI (Reuters) - Shares in Fortum slipped on Thursday on concerns over whether the Finnish power utility would end up with the assets it wanted if it bought a major stake in German counterpart Uniper from E.ON .

After Boeing deal, Turkish Airlines weighs Airbus order: sources

PARIS (Reuters) - Turkish Airlines has begun talks with Airbus to buy up to 40 A350 jetliners worth $12.4 billion at list prices, hours after striking a similar deal with its U.S. rival Boeing, people familiar with the airline said on Friday.

China online insurer ZhongAn prices HK IPO at top end, raises $1.5 billion: IFR

HONG KONG (Reuters) - ZhongAn Online Property & Casualty Insurance Co priced its IPO at the top of an indicated range, raising $1.5 billion in Hong Kong's biggest ever financial technology stock offering, IFR reported on Friday.

Tiffany names Roger Farah as chairman in latest management shakeup

(Reuters) - Luxury jeweler Tiffany & Co on Thursday named Roger Farah as chairman, the latest management shakeup where outsiders have been brought in to give the iconic company a new look.

Air Berlin to hold carve-up talks with Lufthansa, easyJet

FRANKFURT (Reuters) - Air Berlin's creditors have picked German flagship carrier Lufthansa and Britain's easyJet as possible buyers for the insolvent carrier's aviation business and will negotiate with them for the next three weeks.