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UPDATE 3-Unilever to sell spreads business to KKR for $8 billion

* Co to return cash to shareholders barring other M&A (Adds Breakingviews link)

UPDATE 1-P&G appoints Peltz to board despite losing proxy battle

Dec 15 Procter & Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.

Regulatory News, 5:05am IST

Fashion house Camuto Group taps turnaround advisor -source

Dec 15 Camuto Group, the U.S. footwear, clothing and accessories wholesaler known for its Vince Camuto shoes, has hired a turnaround consultant after a deal to sell itself to Aldo Group Inc fell through, according to a person familiar with the matter.

Regulatory News, 5:01am IST

BRIEF-3I Infrastructure Sells Its Stake In Anglian Water Group

* CO SELLS ITS STAKE IN ANGLIAN WATER GROUP TO A CONSORTIUM OF DALMORE CAPITAL AND GLIL INFRASTRUCTURE LLP‍​

4:42am IST

Procter & Gamble appoints Nelson Peltz to board

Dec 15 Procter & Gamble Co said it appointed activist investor Nelson Peltz to its board following a certified recount of shareholder votes cast at its annual meeting in October.

Regulatory News 3:56am IST

BRIEF-Elliott Management Reports Economic Exposure Of About 6.5 Pct In Akamai Technologies Stock

* ELLIOTT MANAGEMENT REPORTS ECONOMIC EXPOSURE OF ABOUT 6.5 PERCENT OF THE SHARES OF COMMON STOCK IN AKAMAI TECHNOLOGIES INC AS OF DECEMBER 14 - SEC FILING

Regulatory News, 2:43am IST

BRIEF-Eric Watson Reports 15.1 Pct Stake In Long Island Iced Tea

* ERIC J. WATSON REPORTS A 15.1 PERCENT STAKE IN LONG ISLAND ICED TEA CORP AS OF DECEMBER 6, 2017 - SEC FILING

Regulatory News 1:40am IST

Italy's CDP, Intesa set for role in ArcelorMittal bid for Ilva -source

ROME, Dec 15 Italy's state holding company CDP and Intesa Sanpaolo have signed a non-binding agreement to join ArcelorMittal's bid to buy Italian steelmaker Ilva, a source close to the matter said on Friday.

Regulatory News 1:33am IST

Onex-backed Canadian renewables firm Pinnacle set to list -sources

TORONTO, Dec 15 Wood pellets producer Pinnacle Renewable Energy Inc, owned by Canadian private equity firm Onex Corp, wants to raise about C$175 million ($136 million) through a Toronto initial public offering (IPO), people familiar with the matter told Reuters this week.

IPOs, Regulatory News, 1:16am IST

EU mergers and takeovers (Dec 15)

BRUSSELS, Dec 15 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Regulatory News 12:16am IST
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BT and Sky strike deal to carry each other's channels

LONDON Britain's Sky and BT have agreed to supply their most popular channels to each other's platforms in a deal that eases the rivalry between two pay-TV giants facing new threats from the likes of Netflix and Amazon.

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Government ignored warnings over GST rollout: sources

MUMBAI The Indian government ignored several warnings from private companies that the complex technology required for a nationwide goods and services tax (GST) to work smoothly was not ready for launch, several people who worked on the project said.

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