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Thursday, September 28, 2017

Toshiba $18 billion sale of chip unit signed, but discord emerges immediately

TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting.

Video streamer Roku raises $219 million in IPO, prices at top of range

(Reuters) - Fox-backed video streaming firm Roku Inc raised about $219 million in an initial public offering that was priced at the higher end of its expected price range, the company said.

Exclusive: Lyft close to selecting IPO adviser - sources

SAN FRANCISCO (Reuters) - Lyft Inc is close to hiring an initial public offering (IPO) advisory firm, in the first concrete step by the second biggest U.S. ride service company to become publicly listed, according to people familiar with the matter.

Aramco listing reshapes Saudi Arabia's OPEC oil policy

DUBAI/LONDON (Reuters) - Saudi Arabia's plans to float state oil titan Aramco are prompting the country to think the unthinkable.

Becton Dickinson offers EU concessions over $24 billion Bard deal

BRUSSELS (Reuters) - U.S. medical equipment supplier Becton Dickinson and Co has offered concessions to address EU antitrust concerns over its $24 billion bid for U.S. peer Bard , the European Commission said on Thursday.

France to hold Siemens to account on Alstom job pledges

PARIS (Reuters) - France will make sure Siemens sticks to its commitment to preserve jobs following its rail business merger with Alstom , the French finance minister said as the government seeks to reassure worried workers.

Naspers buys half of Rocket's stake in Delivery Hero

JOHANNESBURG/BERLIN (Reuters) - South African e-commerce giant Naspers increased its investment in online food takeaway firm Delivery Hero on Thursday, buying half the stake of German investor Rocket Internet for 660 million euros ($775 million).

Activists opposed to Huntsman merger raise Clariant stake

ZURICH (Reuters) - Activist investors seeking to block specialty chemicals maker Clariant's merger with Huntsman of the U.S. have boosted their stake in the Swiss company.

Danone invests in French organic baby food start-up Yooji

PARIS (Reuters) - Danone's venture capital division is backing French organic baby food start-up Yooji, in the latest example of a big food company turning to a smaller rival whose products promote healthy lifestyles.

Daimler buys German ride-sharing service flinc

FRANKFURT/Berlin (Reuters) - Daimler has acquired German ride-sharing firm flinc for an undisclosed amount as the carmaker expands its focus on customers who prefer to pay to use rather than to own a vehicle.