Deals coverage from Reuters.

Business News3 hours ago

Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. REUTERS/Jason Redmond

Boeing Co <BA.N> will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer <EMBR3.SA>, O Globo newspaper columnist Lauro Jardim reported on Sunday.

Dealsan hour ago

FILE PHOTO: A woman walks past a sign with the logo of Swiss company Zurich insurance is seen at an office building in Zurich's Oerlikon suburb, Switzerland August 10, 2017.  REUTERS/Arnd Wiegmann

Zurich Insurance <ZURN.S> said it was buying QBE Insurance Group's <QBE.AX> Latin American business for $409 million, becoming the leading insurer in Argentina and No.3 in Ecuador.

Business News5 hours ago

Daimler's Chief Executive Dieter Zetsche attends the Bosch Connected World Conference in Berlin, Germany, February 21, 2018. REUTERS/Axel Schmidt

Daimler <DAIGn.DE> and its Chinese partner BAIC <1958.HK> plan to invest almost $2 billion in a state-of-the-art factory in China, underlining their relationship as rival Geely <0175.HK> makes a surprise swoop on the German carmaker.

Deals5 hours ago

Turkey's Zorlu Holding has signed an agreement with Chinese investment firm GSR Capital for investments in battery production totaling $4.5 billion until 2023, Zorlu's chief executive said on Sunday.

Business News2 days ago

FILE PHOTO: The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017.   REUTERS/Thomas White/Illustration

Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.

Business News2 days ago

The Blue Buffalo logo.   REUTERS/Handout

Cheerios cereal maker General Mills Inc <GIS.N> will buy Blue Buffalo Pet Products Inc <BUFF.O> for nearly $8 billion, foraying into a fast-growing pet food market to counter declining sales of processed foods.

Business News2 days ago

FILE PHOTO: A view shows the Federal Reserve building in Washington August 22, 2012.    REUTERS/Larry Downing

An easing of financial rules will soon unleash pent-up mergers and acquisitions among mid-sized U.S. banks, according to deal bankers, analysts and bank executives.

Business News2 days ago

FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake/Files

NEW YORK (LPC) - A flurry of huge US acquisitions is pushing high-grade M&A lending to early year highs as blue-chip firms take advantage of US tax reform and try to fight off the threat of online retail giant Amazon.

Deals2 days ago

Magic Leap, a well-funded and secretive startup, is in talks for a $400 million investment from Saudi Arabia's Public Investment Fund, the Financial Times reported on Friday.

Deals2 days ago

FILE PHOTO: Innogy logo in Essen, Germany, March 14, 2017. Reuters/Thilo Schmuelgen/File Photo

German energy group Innogy <IGY.DE> on Friday denied a media report saying that its supervisory board would discuss a possible sale to rivals Iberdrola <IBE.MC> or Enel <ENEI.MI> at its next meeting in March.

Deals12 hours ago

FILE PHOTO: Stella Handler, CEO of Bezeq, Israel's largest telecom provider, speaks during the launch of Beqez's "Smartcity" initiative, in the central Israeli city of Modi'in August 2, 2016. REUTERS/Ronen Zvulun/File Photo

Bezeq Israel Telecom's board will hold a special meeting on Sunday, a source close to the company said, while Israeli media reported that Chief Executive Stella Handler, who is in police custody, could be replaced at least temporarily.

Business Newsa day ago

FILE PHOTO: Li Shufu, chairman of Geely Holdings, speaks at the China-UK business forum in Shanghai, China February 2, 2018. REUTERS/Stringer

Chinese carmaker Geely [GEELY.UL] has built up an almost 10 percent stake in Daimler <DAIGn.DE> in a $9 billion bet by its chairman that he can access the Mercedes-Benz owner's technology in the growing battle for the future of automotives.

Dealsa day ago

FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China April 25, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Officials from Chinese carmaker Geely <0175.HK> plan to meet Daimler <DAIGn.DE> executives early next week after announcing the acquisition of an almost 10 percent stake in the Mercedes maker, two sources familiar with the situation said.

Business News2 days ago

Li Shufu, founder and chairman of Zhejiang Geely Holding Group, attends the Volvo's S90 news conference in Shanghai, China November 2, 2016. REUTERS/Aly Song

China's Zhejiang Geely Holding does not plan to buy more Daimler shares "for the time being," it said on Saturday, after its chairman Li Shufu disclosed he had a 9.69 percent stake in the German carmaker.

Business News2 days ago

The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking

Nordstrom Inc's <JWN.N> founding family group is finalizing plans to submit an offer to take the U.S. department store operator private, people familiar with the matter said on Friday.

Deals2 days ago

Brookfield Energia Renovável SA, a Brazil-based unit of Canada's Brookfield Asset Management <BAMa.TO>, abandoned a plan to make a capital injection of 1.4 billion reais in Brazil's Renova Energia SA <RNEW11.SA>, which would give it a controlling stake in the company.

Deals2 days ago

Senior executives are leaving Swiss commodities trader AOT Energy amid a shrinking credit line and losses in some trading operations, sources familiar with the matter said on Friday.

Deals2 days ago

FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016.    REUTERS/Stefano Rellandini/File Photo/File Photo

The project to create a joint venture between Telecom Italia (TIM)<TLIT.MI> and the pay-TV arm of its biggest shareholder, French media group Vivendi <VIV.PA>, is an "uphill struggle" but the project is not dead, a source familiar with the matter said.

Deals2 days ago

A sole non-binding expression of interest for Telecom Italia's <TLIT.MI> majority-owned broadcasting unit Persidera unit came from U.S.-based infrastructure fund I Squared Capital, two sources familiar with the matter told Reuters.

Deals2 days ago

Romanian chemicals producer Chimcomplex <ROCHOB.BX> plans to build on its acquisition of rival Oltchim to boost turnover to roughly 300 million euros ($369 million) by 2020, its board chairman Virgiliu Bancila said on Friday.

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