Industry, Materials & Utilities Headlines

Wed, Dec 17 2014

S.Korean poultry firm preferred to buy bulk shipper Pan Ocean

SEOUL, Dec 18 - A unit of South Korean poultry firm Harim Group said on Thursday a court chose its parent's holding company as the preferred bidder to buy bulk shipper Pan Ocean Co Ltd in a deal worth at least 850 billion won ($771 million).

MIDEAST STOCKS - Factors to watch - December 18

DUBAI, Dec 18 - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch of their accuracy.

UPDATE 1-Visteon agrees to sell S.Korean unit for $3.6 bln

SEOUL, Dec 18 - U.S. auto parts maker Visteon Corp has agreed to sell its majority-owned South Korean unit for $3.6 billion, cashing in on a quadrupling of the air conditioning firm's share price in the last five years as Visteon refocuses on in-car electronics.

Hankook Tire to buy part of Visteon's S.Korean unit for $984 mln

SEOUL, Dec 18 - South Korea's Hankook Tire said on Thursday that it has agreed to buy a 19.49 percent stake in Visteon Corp's South Korean unit for 1.08 trillion Korean won ($983.84 million) to diversify the tire maker's business portfolio.

Deals of the day- Mergers and acquisitions

(Adds Shire, Carrefour, Clessidra, CMVM, Snam, Eni, Lala, Lucchini and KGHM)

Tue, Dec 16 2014

MIDEAST STOCKS - Factors to watch - December 17

DUBAI, Dec 17 - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch of their accuracy.

16 Dec 2014

Deals of the day- Mergers and acquisitions

(Adds Lastminute.com, Jefferies Group, Lafarge, Raiffeisen Bank)

MOVES- Houlihan Lokey, DFG Investment, Spencer Re, Cargill

Dec 16 - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

EU mergers and takeovers (Dec 16)

BRUSSELS, Dec 16 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Three groups seen competing for Holcim-Lafarge assets - sources

FRANKFURT/LONDON, Dec 16 - The battle for the assets cement firms Lafarge and Holcim must sell to get the go-ahead for their merger will likely be between three groups, several people familiar with the matter said.

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.