Reuters - Deals Today

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Tuesday, August 8, 2017

Envision to sell ambulance business to KKR in $2.4 billion deal

(Reuters) - Envision Healthcare Corp said on Tuesday it would sell its ambulance business to buyout firm KKR & Co in an all-cash deal valued at $2.4 billion as it sharpens its focus on its core businesses.

Worldpay gets second deadline extension for Vantiv deal

LONDON (Reuters) - British payments firm Worldpay said on Tuesday the deadline for its long-awaited deal with U.S. suitor Vantiv has been pushed back four days because the two companies need more time to reach a final agreement.

Exclusive: Halo Top ice cream maker explores sale - sources

(Reuters) - Eden Creamery LLC, the privately owned U.S. manufacturer of low-calorie ice cream brand Halo Top, is exploring a sale that it hopes will value the ice cream brand at as much as $2 billion, people familiar with the matter said on Monday.

Nissan to sell its electric battery business to GSR Capital

TOKYO (Reuters) - Nissan Motor Co said on Tuesday it has agreed to sell its electric battery business to Chinese investment firm GSR Capital for an undisclosed sum.

Netflix buys comics publisher Millarworld to feed films and TV

(Reuters) - Netflix Inc on Monday said it has bought comics publisher Millarworld, bringing on board renowned comic book writer Mark Millar and a host of character franchises it can mine for TV shows and movies.

China's Dalian Wanda denies reports on sale of Australian projects

BEIJING (Reuters) - China's Dalian Wanda Group on Tuesday said that media reports about it fielding offers to sell two real-estate projects in Australia were "completely false".

Saudi Arabia to allow full foreign ownership of engineering firms

RIYADH (Reuters) - Saudi Arabia will allow foreign companies to own engineering services companies in full, without requiring them to partner with a Saudi-owned firm, the cabinet announced on Monday night.

Uniper CEO sees no benefit in large-scale M&A

FRANKFURT (Reuters) - Uniper Chief Executive Klaus Schaefer does not see the benefits from large-scale consolidation in Europe's power sector, he told journalists on Tuesday, following months of M&A speculation that has gripped the industry.

Japan Display may seek outside investor for turnaround: Nikkei

TOKYO (Reuters) - Japan Display Inc is considering seeking funds from an outside investor to help finance an overhaul of its ailing smartphone screen-making business, including 3,500 job cuts, the Nikkei business daily reported on Tuesday.

Warburg Pincus-backed ESR in talks to buy Singapore's Sabana: sources

SINGAPORE (Reuters) - Asian logistics developer e-Shang Redwood is in advanced talks to buy struggling Sabana REIT, sources familiar with the process said, as a first step in the consolidation of Singapore's $3.5 billion mid-cap industrial trusts.