Click to View in Browser
Friday, July 28, 2017
Value of U.S. deals in China sinks on rising trade tensions
HONG KONG (Reuters) - U.S. corporate acquisitions in China collapsed to their lowest level for 14 years in the first half of this year, as trade tensions between the two countries and uncertainty about Chinese government regulations took a toll on deal making.
Glencore signs deals to buy 49 percent of Hunter Valley coal
SYDNEY/LONDON (Reuters) - Glencore said on Thursday it had signed agreements to buy a 49 percent stake in coal mines in Australia's Hunter Valley for just over $1.1 billion, getting a share of assets it was expected to miss out on to China's Yancoal.
China Eastern buying 10 percent Air France KLM stake as part of airline JVs' rejig
SINGAPORE/SHANGHAI (Reuters) - China Eastern Airlines Corp Ltd said on Friday it is buying a 10 percent stake in Europe's Air France KLM SA, in what will be the first investment by one of China's three largest state-owned airlines in a Western carrier.
Air France-KLM agrees option for Virgin Atlantic ownership in event of hard Brexit
BERLIN (Reuters) - Air France-KLM, Delta Air Lines and Virgin Atlantic have agreed a so-called 'put' option with Virgin Group that allows Virgin Atlantic to remain in majority UK ownership in the event of a hard Brexit.
China's CIC raising $8 billion loan for Logicor acquisition: Basis Point
HONG KONG (Reuters) - The China Investment Corp sovereign wealth fund is arranging a 6.8 billion euro ($7.96 billion) loan to fund its acquisition of European warehouse firm Logicor, people with direct knowledge of the matter told Thomson Reuters publication Basis Point.
China's Ofo in talks to raise $1 billion, led by SoftBank: sources
HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business.
Toshiba reaches $2.2 billion deal over SCANA's South Carolina nuclear project
(Reuters) - Toshiba Corp has agreed to pay $2.168 billion to walk away from two unfinished nuclear reactors in South Carolina being built by its Westinghouse subsidiary, according to a statement by the owners of project.
Exclusive: Former Barclays CEO close to deal to buy Hartford unit - sources
(Reuters) - Atlas Merchant Capital LLC, the investment firm led by former Barclays Plc Chief Executive Officer Bob Diamond, is in advanced talks to acquire a Hartford Financial Services Group Inc annuity run-off business for between $3 billion and $3.5 billion, people familiar with the matter said on Thursday.
Hutchison's Drei buys Tele2 to rival Carlos Slim in Austria
VIENNA (Reuters) - Mobile firm Hutchison Drei Austria is buying landline-focused Tele2 from its Swedish owner for 95 million euros ($111 million) to create a rival to Mexican tycoon Carlos Slim's Telekom Austria.
Verizon in talks to buy WideOpenWest's Chicago network: sources
(Reuters) - U.S. wireless carrier Verizon Communications Inc is in talks to acquire cable operator WideOpenWest Inc's fiber network in the Chicago area for more than $200 million, according to people familiar with the matter.
Related Video
Tech slides on Wall Street
Twitter shares tumble
Related News
Wall St. pulls back from record; utilities slump
U.S. consumer confidence rises in December
Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today
Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today
» » MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters
Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book.
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter Friend us on Facebook