OMERS buys landmark Berlin property Sony Center for 1.1 billion euros
FRANKFURT (Reuters) – Canadian pension fund OMERS and U.S. buyout group Madison are acquiring Berlin’s landmark property Sony Center from Korea’s national pension fund NPS for 1.1 billion euros ($1.3 billion), the companies said on Monday.
International Paper unloads $1.3 billion in pension liabilities
(Reuters) – International Paper Co , a fiber-based packaging, pulp and paper producer, said on Monday it would transfer $1.3 billion in pension obligations to No. 2 U.S. life insurer Prudential Financial .
Bain says aims to buy Japan ad agency Asatsu-DK for $1.4 billion
TOKYO (Reuters) – U.S. private equity firm Bain Capital said it aims to buy 100 percent of Japan’s third-largest advertising agency, Asatsu-DK Inc , for 152 billion yen ($1.35 billion), in one of the largest buyouts in Japan this year.
Drugs firm AstraZeneca wants three-year Brexit transition
STOCKHOLM (Reuters) – British pharmaceuticals giant AstraZeneca wants a transition period of at least three years when Britain leaves the European Union in 2019 and more clarity on what will happen in the longer term, its chairman said on Monday.
Oil slips further below $57 after third-quarter rally
LONDON (Reuters) – Oil dipped further below $57 a barrel on Monday as an increase in U.S. drilling and higher OPEC output put the brakes on a rally in which the market scored its biggest third-quarter gain in 13 years.
Dollar surges as Fed talk boosts Treasury yields
LONDON (Reuters) – The dollar soared on Monday as U.S. Treasury yields hit their highest level since mid-July, while Spanish borrowing costs rose and stocks fell as a violent police crackdown on an independence vote in Catalonia rattled investors.
Britain will lobby U.S., Canada over Bombardier dispute: Hammond
MANCHESTER, England (Reuters) – Finance minister Philip Hammond said on Monday Britain would continue to lobby the United States over a trade dispute with Canadian planemaker Bombardier , but said there were limits to what it could achieve.
Bain aims to buy Japan ad agency Asatsu-DK in $1.2 billion deal: source
TOKYO (Reuters) – U.S. private equity firm Bain Capital plans to buy Japanese advertising agency Asatsu-DK Inc in a deal that could be worth $1.2 billion or more, a person familiar with the transaction said on Monday.
Uber board to consider vote to cut Kalanick influence: Bloomberg
(Reuters) – Directors at Uber Technologies Inc [UBER.UL] plan to vote on board reforms and whether to pursue a major stock deal with SoftBank Group Corp on Tuesday, Bloomberg reported on Monday, citing sources familiar with the matter.
Euro ruffled by Spanish vote; Asia data cheer stocks
SYDNEY (Reuters) – The euro took a knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, while surprisingly strong economic news out of China and Japan offered support to equities and commodities.
