Chinese-owned Syngenta eyes Bayer assets to bolster seeds


BASEL Switzerland's Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover of Monsanto.

Bain, Cinven discussing new offer for Stada - sources 27 Jun 2017

FRANKFURT Buyout groups Bain Capital and Cinven are talking to investors about a potential new offer for German generic drugmaker Stada after their 5.3 billion euro ($6 billion) bid fell through, people close to the matter said.

At last minute, Western Digital resubmits bid for Toshiba chip unit 27 Jun 2017

TOKYO Western Digital Corp and U.S. private equity firm KKR & Co LP have resubmitted an offer for Toshiba Corp's flash memory chip unit, in an eleventh hour effort to prevent the conglomerate signing a deal with its preferred bidder.

Sprint in exclusive talks with Charter, Comcast on wireless deal - Wall Street Journal 27 Jun 2017

Sprint Corp is in exclusive talks with Charter Communications Inc and Comcast Corp to explore a deal that could boost the cable companies' wireless service, The Wall Street Journal reported, citing people familiar with the matter.

GM lowers outlook for U.S. 2017 new vehicle sales 27 Jun 2017

DETROIT General Motors Co now expects U.S. new vehicle sales in 2017 will be in the "low 17 million" unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday.

Western Digital won't consent to SK Hynix participation in Toshiba chip unit sale 26 Jun 2017

TOKYO Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate's prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc.

Berkshire bulks up in real estate with Store Capital stake 26 Jun 2017

NEW YORK Berkshire Hathaway Inc has taken a nearly 10 percent stake in the real estate investment trust Store Capital Corp , adding to bets in the sector by the conglomerate controlled by billionaire Warren Buffett.

U.S. activist presses for 'bold action' at Nestle 27 Jun 2017

LONDON/NEW YORK U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens. | Video

Stada buyout falls short of shareholder acceptance target 26 Jun 2017

FRANKFURT Private equity groups Bain Capital and Cinven failed to win the required shareholder acceptances to take over German generic drugmaker Stada , the companies said in a statement.

Italy winds up Veneto banks, deal could cost up to 17 billion euros 25 Jun 2017

MILAN/ROME Italy began winding up two stricken Veneto-based banks on Sunday in a deal that will see their good assets transferred to Intesa Sanpaolo and could cost the state up to 17 billion euros ($19 billion).

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