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Deals

Murdoch's Twenty-First Century Fox bids $14 billion for UK's Sky

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NEW YORK/LONDON Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. | Video

EXCLUSIVE - Japan's TDK in talks to buy iPhone supplier InvenSense - sources 09 Dec 2016

Japanese electronic parts maker TDK Corp is in talks to acquire InvenSense Inc, a U.S. chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co, people familiar with the matter said on Friday.

Novartis in talks to sell some central nervous system drugs - sources 06 Dec 2016

ZURICH Novartis is in talks about the sale of some older neuroscience drugs, people close to the matter said, as the Swiss drugmaker clears the decks to concentrate on promising new medicines it hopes will help to restore sales growth.

Dealtalk: Trump's corporate tax holiday could spur pharma M&A 06 Dec 2016

U.S. President-elect Donald Trump's plan to incentivize U.S. companies to repatriate their swelling overseas cash piles could spur a new wave of dealmaking in a pharmaceutical industry seeking to buy its way into growth.

Deal advice DIY by major Chinese firms threatens banks' rain making 06 Dec 2016

HONG KONG Fosun International Ltd , China's biggest privately-owned conglomerate, is known globally for its bold dealmaking, including the tenaciously successful pursuit of French resort operator Club Med.

Obama bars China's Fujian from buying Aixtron's U.S. business 03 Dec 2016

FRANKFURT/WASHINGTON President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday.

Sirius reapproaches Pandora for a takeover - source 03 Dec 2016

Satellite radio company Sirius XM Holdings Inc's Chairman Greg Maffei recently made a fresh approach to internet radio provider Pandora Media Inc and expressed interest about a potential takeover, according to a source familiar with the matter.

Exclusive - Peru would face 'huge sum' if it scraps Odebrecht contract: junior partner 03 Dec 2016

PARACAS, Peru Odebrecht SA's junior partner on a natural gas pipeline project in Peru told Reuters Friday that the government would have to pay $1.2 billion to $1.4 billion in compensation if it decides to rescind the current contract as financing is stuck on corruption concerns.

AC Milan deal likely to be postponed to end-February - sources 03 Dec 2016

MILAN Silvio Berlusconi and the Chinese investors seeking to buy Italian football club AC Milan are discussing the possibility of postponing the closing of the deal to the end of February, two sources close to the matter told Reuters.

Exclusive - U.S. networking company Ixia explores sale: sources 03 Dec 2016

Ixia , a U.S. provider of equipment and applications that help maintain computer networks, is a potential sale, people familiar with the matter said on Friday.