Deals

Deals coverage from Reuters.

Business News2 hours ago

Jeans trousers are displayed at a Levi Strauss store in New York, U.S., March 19, 2019. REUTERS/Shannon Stapleton

Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company.

Business News2 hours ago

The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019.  REUTERS/Lucy Nicholson

Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week.

Technology News6 hours ago

Fastly Inc, a U.S. startup whose software helps websites load more quickly, has hired Bank of America Corp as lead underwriter on an initial public offering that could value the company at more than $1 billion, people familiar with the matter said.

Business News8 hours ago

FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

Deutsche Bank AG's merger talks with Commerzbank AG have put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a deal could pressure Deutsche to further shrink or even dispose of its U.S. businesses.

Deals6 hours ago

The logo catering group Elior is seen on top of the company's headquarters in the financial and business district in La Defense at Courbevoie near Paris, France, May 16, 2018.  REUTERS/Charles Platiau

France's Elior Group said on Wednesday it has entered into exclusive discussions with European private equity firm PAI Partners about a potential sale of its concession catering business.

Deals5 hours ago

Infighting at the top of EssilorLuxottica turned personal on Wednesday with the top shareholder and executive chairman accusing the Franco-Italian group's executive vice chairman of a power grab in a newspaper interview.

Deals4 hours ago

Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase & Co, Bank of America Corp and Banco do Brasil SA to manage its initial public offering, three people familiar with the matter said on Wednesday.

Deals4 minutes ago

London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer.

Business News11 hours ago

FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid

Walt Disney Co closed its $71 billion acquisition of Twenty-First Century Fox Inc's film and television assets on Wednesday, giving its upcoming streaming service a range of popular content as it takes on Netflix Inc.

Business News10 hours ago

FILE PHOTO: An employee moves car components in a production line at the Volkswagen plant in Wolfsburg, Germany, March 1, 2019. REUTERS/Fabian Bimmer

Volkswagen's supervisory board is set to meet on Friday to discuss the company's ambitious cost-reduction plans, Der Spiegel reported on Wednesday, citing company sources.

Business News5 hours ago

FILE PHOTO: A car with a Lyft logo in its window drives down a street as the company prepares for its upcoming IPO in New York, U.S., March 19, 2019. REUTERS/Lucas Jackson/File Photo

(This March 19 story corrects paragraph 15 to remove reference to Stripe planning an IPO)

Deals7 hours ago

FILE PHOTO: A technician looks at a solar panel on the Inmarsat S-Band/Hellas-Sat 3 satellite in the clean room facilities of the Thales Alenia Space plant in Cannes, France, February 3, 2017.   REUTERS/Eric Gaillard/File Photo

(This March 19 story corrects last paragraph to say Panasonic Avionics is headquartered in the United States and is a unit of Japan's Panasonic Corp.)

Deals9 hours ago

FILE PHOTO: Logos of 5G technology and telecommunications company Vodafone at the company's 5G Mobility Lab in Aldenhoven, Germany, November 27, 2018. REUTERS/Thilo Schmuelgen/File Photo

Vodafone will receive a warning from EU regulators about possible anti-competitive effects from its $22 billion deal to buy Liberty Global's German and eastern European assets, two people familiar with the matter said on Wednesday.

Deals9 hours ago

Footwear and apparel company Nine West Holdings Inc said on Wednesday it had emerged from bankruptcy, days short of a year since it filed for Chapter 11 protection.

Deals9 hours ago

U.S. aircraft parts maker Spirit Aerosystems' secured conditional EU approval on Wednesday to buy Asco Industries after agreeing to modify a joint venture which deals with Airbus to avoid the possibility of anti-competitive practices.

Deals9 hours ago

Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin, Germany March 20, 2019.     REUTERS/Fabrizio Bensch

German Finance Minister Olaf Scholz said on Wednesday that he had not made any provisions for costs related to a possible merger of Deutsche Bank and Commerzbank in his budget plans.

Deals9 hours ago

The proposed merger of German lenders Deutsche Bank and Commerzbank could indirectly serve French financial interests, Finance Minister Bruno Le Maire said on Wednesday.

Deals9 hours ago

Italian laser equipment maker El.En. has attracted interest from investment funds but its current owners are unlikely to sell their combined stake of just under 50 percent, the company's general manager told Reuters on Wednesday.

Deals11 hours ago

FILE PHOTO: An Access bank signage is displayed on the roof of the bank's building along Herbert Macualay way in Abuja, Nigeria, August 30, 2017. REUTERS/Afolabi Sotunde

Shares of Nigeria's Access Bank hit a 3-week high on Wednesday, a day after the local court approved its 72 billion naira ($235 million) takeover of rival Diamond Bank

Deals11 hours ago

FILE PHOTO: A logo of German energy utility company Uniper SE is pictured in the company's headquarter in Duesseldorf, Germany, March 8, 2018. REUTERS/Thilo Schmuelgen

Germany's Uniper is in advanced talks with Australian fund First State Investments to sell its stake in a liquefied natural gas terminal in Italy, three sources said on Wednesday, raising concerns in Rome over the sale of strategic assets.

Business News2 hours ago

Jeans trousers are displayed at a Levi Strauss store in New York, U.S., March 19, 2019. REUTERS/Shannon Stapleton

Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company.

Business News2 hours ago

The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019.  REUTERS/Lucy Nicholson

Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week.

Technology News6 hours ago

Fastly Inc, a U.S. startup whose software helps websites load more quickly, has hired Bank of America Corp as lead underwriter on an initial public offering that could value the company at more than $1 billion, people familiar with the matter said.

Business News8 hours ago

FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

Deutsche Bank AG's merger talks with Commerzbank AG have put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a deal could pressure Deutsche to further shrink or even dispose of its U.S. businesses.

Deals6 hours ago

The logo catering group Elior is seen on top of the company's headquarters in the financial and business district in La Defense at Courbevoie near Paris, France, May 16, 2018.  REUTERS/Charles Platiau

France's Elior Group said on Wednesday it has entered into exclusive discussions with European private equity firm PAI Partners about a potential sale of its concession catering business.

Deals5 hours ago

Infighting at the top of EssilorLuxottica turned personal on Wednesday with the top shareholder and executive chairman accusing the Franco-Italian group's executive vice chairman of a power grab in a newspaper interview.

Deals4 hours ago

Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase & Co, Bank of America Corp and Banco do Brasil SA to manage its initial public offering, three people familiar with the matter said on Wednesday.

Deals4 minutes ago

London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer.

Business News11 hours ago

FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid

Walt Disney Co closed its $71 billion acquisition of Twenty-First Century Fox Inc's film and television assets on Wednesday, giving its upcoming streaming service a range of popular content as it takes on Netflix Inc.

Business News10 hours ago

FILE PHOTO: An employee moves car components in a production line at the Volkswagen plant in Wolfsburg, Germany, March 1, 2019. REUTERS/Fabian Bimmer

Volkswagen's supervisory board is set to meet on Friday to discuss the company's ambitious cost-reduction plans, Der Spiegel reported on Wednesday, citing company sources.

Business News5 hours ago

FILE PHOTO: A car with a Lyft logo in its window drives down a street as the company prepares for its upcoming IPO in New York, U.S., March 19, 2019. REUTERS/Lucas Jackson/File Photo

(This March 19 story corrects paragraph 15 to remove reference to Stripe planning an IPO)

Deals7 hours ago

FILE PHOTO: A technician looks at a solar panel on the Inmarsat S-Band/Hellas-Sat 3 satellite in the clean room facilities of the Thales Alenia Space plant in Cannes, France, February 3, 2017.   REUTERS/Eric Gaillard/File Photo

(This March 19 story corrects last paragraph to say Panasonic Avionics is headquartered in the United States and is a unit of Japan's Panasonic Corp.)

Deals9 hours ago

FILE PHOTO: Logos of 5G technology and telecommunications company Vodafone at the company's 5G Mobility Lab in Aldenhoven, Germany, November 27, 2018. REUTERS/Thilo Schmuelgen/File Photo

Vodafone will receive a warning from EU regulators about possible anti-competitive effects from its $22 billion deal to buy Liberty Global's German and eastern European assets, two people familiar with the matter said on Wednesday.

Deals9 hours ago

Footwear and apparel company Nine West Holdings Inc said on Wednesday it had emerged from bankruptcy, days short of a year since it filed for Chapter 11 protection.

Deals9 hours ago

U.S. aircraft parts maker Spirit Aerosystems' secured conditional EU approval on Wednesday to buy Asco Industries after agreeing to modify a joint venture which deals with Airbus to avoid the possibility of anti-competitive practices.

Deals9 hours ago

Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin, Germany March 20, 2019.     REUTERS/Fabrizio Bensch

German Finance Minister Olaf Scholz said on Wednesday that he had not made any provisions for costs related to a possible merger of Deutsche Bank and Commerzbank in his budget plans.

Deals9 hours ago

The proposed merger of German lenders Deutsche Bank and Commerzbank could indirectly serve French financial interests, Finance Minister Bruno Le Maire said on Wednesday.

Deals9 hours ago

Italian laser equipment maker El.En. has attracted interest from investment funds but its current owners are unlikely to sell their combined stake of just under 50 percent, the company's general manager told Reuters on Wednesday.

Deals11 hours ago

FILE PHOTO: An Access bank signage is displayed on the roof of the bank's building along Herbert Macualay way in Abuja, Nigeria, August 30, 2017. REUTERS/Afolabi Sotunde

Shares of Nigeria's Access Bank hit a 3-week high on Wednesday, a day after the local court approved its 72 billion naira ($235 million) takeover of rival Diamond Bank

Deals11 hours ago

FILE PHOTO: A logo of German energy utility company Uniper SE is pictured in the company's headquarter in Duesseldorf, Germany, March 8, 2018. REUTERS/Thilo Schmuelgen

Germany's Uniper is in advanced talks with Australian fund First State Investments to sell its stake in a liquefied natural gas terminal in Italy, three sources said on Wednesday, raising concerns in Rome over the sale of strategic assets.

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