Rite Aid to sell 865 stores to Fred’s
(Reuters) – Rite Aid Corp said it would sell 865 stores to Fred’s Inc for $950 million to satisfy antitrust concerns over its proposed takeover by Walgreens Boots Alliance Inc.
Allergan to buy Acelity’s tissue unit LifeCell for $2.9 billion
(Reuters) – Drugmaker Allergan Plc said on Tuesday it would buy LifeCell, a regenerative medicine unit owned by privately held Acelity LP Inc, for $2.9 billion in cash, bringing the number of deals it has made this year to an even dozen.
Kimberly-Clark, rival CMPC allegedly fixed Chile diaper prices-report
SANTIAGO (Reuters) – Kimberly-Clark Corp and competitor CMPC allegedly fixed prices for diaper products in Chile between 2002 and 2009, according to a document sent to the nation’s competition regulator, daily newspaper La Tercera reported on Tuesday….
Exclusive: Financing hitches could delay Hapag Lloyd, UASC shipping tie-up – sources
LONDON/FRANKFURT (Reuters) – A merger of German container shipping line Hapag-Lloyd and United Arab Shipping Company (UASC) is likely to take months to complete, partly due to financing issues blamed on a deep industry downturn, sources familiar with …
UK PM and Murdoch did not discuss Sky bid at September meeting: minister
LONDON (Reuters) – Prime Minister Theresa May did not discuss with Rupert Murdoch the proposed takeover of UK pay-TV group Sky by the tycoon’s Twenty-First Century Fox at a September meeting, Britain’s media minister said on Tuesday.
BlackBerry ups outlook, adjusted earnings beat; shares rise
TORONTO (Reuters) – BlackBerry Ltd on Tuesday posted an adjusted profit that beat expectations even as revenue dropped sharply, as the software growth it is relying on failed to fully make up for its retreat from handsets and lost service fees.
Exclusive: Top French banks sue ECB to reduce capital demands
FRANKFURT/PARIS (Reuters) – France’s top lenders are suing the European Central Bank to get an exemption from holding capital against deposits parked with a state-owned fund, the most high-profile challenge to supervision from Frankfurt to date.
EU accuses Facebook of giving misleading information during WhatsApp takeover
BRUSSELS (Reuters) – The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.
Russia central bank says Deutsche Bank employee manipulated markets
MOSCOW (Reuters) – Russia’s central bank said on Tuesday that a banker at Deutsche Bank’s Russian branch had manipulated markets by conducting 300 billion rubles ($4.87 billion) of trades with relatives over two and a half years.
Exclusive: China’s Bright Food hires Goldman to sell UK firm Weetabix – sources
NEW YORK/LONDON (Reuters) – China’s Bright Food Group [SHMNGA.UL] has hired Goldman Sachs to sell the breakfast cereals producer Weetabix in a deal that could value the famous British brand at roughly 1 billion pounds, according to three sources famil…
