Reuters - Deals Today

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Monday, January 1, 2018

Siemens to gauge interest of state funds in Healthineers IPO: CEO

FRANKFURT (Reuters) - Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the flotation.

Japan's Nippon Life eyeing M&A for foreign boutique bond and alternative funds

TOKYO (Reuters) - Japan's Nippon Life Insurance Co [NPNLI.UL], which recently struck a deal to buy about a quarter of U.S. investment firm TCW Group, is scouting for opportunities to buy boutique managers of bonds and alternative assets, its president said.

German lawmaker blasts EU for opposing Niki sale to Lufthansa

BERLIN (Reuters) - The German government will probably lose a 150 million-euro government-backed loan to insolvent Air Berlin because the European Union opposed Lufthansa's purchase of Air Berlin's Austrian unit, Niki, a senior member of Chancellor Angela Merkel's conservatives said on Sunday.

Uniper CEO criticizes suitor Fortum for lack of clarity

FRANKFURT (Reuters) - The chief executive of German energy producer Uniper has criticized Finnish suitor Fortum for a lack of clarity about its intentions in a planned 8 billion euro ($9.6 billion) takeover of the company.

Infineon not vulnerable to takeover: CEO in Boersen-Zeitung

FRANKFURT (Reuters) - German chipmaker Infineon does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom's $103 billion offer for Qualcomm, its chief executive told Germany's Boersen-Zeitung.

BA owner IAG to buy insolvent Austrian holiday airline Niki

FRANKFURT (Reuters) - British Airways' owner IAG said on Friday it would buy Niki, Air Berlin's insolvent Austrian holiday airline, for 20 million euros ($24.01 million) and provide additional liquidity to the company of up to 16.5 million euros.

Israel's Rami Levi to buy 20 percent of Cofix coffee chain

TEL AVIV (Reuters) - Israel's Rami Levi Chain Stores has agreed to buy 20 percent of coffee and snack chain Cofix Group at a company valuation of 105 million shekels ($30 million).

Airbus sprints from behind in bid to upset Boeing order lead

PARIS (Reuters) - Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of multi-billion-dollar deals to close a traumatic year haunted by management upheaval and corruption investigations.

Pershing Square, Valeant arrive at settlement split for Allergan lawsuit

(Reuters) - Activist investor William Ackman's Pershing Square and Valeant Pharmaceuticals on Friday decided to pay $290 million to settle a lawsuit that accused them of insider trading before bidding for Allergan Plc in 2014.

SoftBank succeeds in tender offer for Uber shares

(Reuters) - A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.