Wednesday, August 19, 2015

Reuters Deals Today: August 19, 2015

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Wednesday, August 19, 2015
Kirin buys $560 million stake in Myanmar's top brewer from F&N
SINGAPORE (Reuters) - Japan's Kirin Holdings has bought Fraser and Neave's (F&N) 55 percent stake in Myanmar's biggest brewer for $560 million, paving the way for it to dominate one of Asia's most promising beer markets.
Syngenta plans to divest flower seeds unit
ZURICH (Reuters) - Swiss group Syngenta plans to divest its premium flowers seeds business from its Lawn and Garden operating unit, it said on Wednesday.
Motorola Solutions in talks to buy UK's Airwave Solutions: Bloomberg
(Reuters) - Motorola Solutions Inc is in advanced talks to buy UK-based communications company Airwave Solutions Ltd as it looks to strengthen its software and services business, Bloomberg reported, citing people familiar with the matter.
Sprott's hostile bid for Canada metal trusts gains ground: source
(Reuters) - Nearly a third of investors in precious metals funds Central GoldTrust and Silver Bullion Trust have agreed to a bid from Canada's Sprott Asset Management , a person familiar with the offer said on Tuesday.
Citi to sell alternative investor services unit for $425 million
(Reuters) - Citigroup Inc is selling its alternative investor services business to financial technology provider SS&C Technologies Holdings Inc for $425 million, subject to adjustments.
Canada's Brookfield buying Australia freight firm Asciano for $6.6 billion
SYDNEY (Reuters) - Canada's Brookfield Asset Management is buying Australian port and rail freight firm Asciano for $6.6 billion to form a global logistics player, scooping up an asset that has been made cheaper by a slump in coal prices.
Liberty Interactive to buy online retailer Zulily in $2.4 billion deal
(Reuters) - Liberty Interactive Corp , which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence.
Luxury hotel owner Strategic Hotels to explore sale
(Reuters) - Luxury hotel owner Strategic Hotels & Resorts Inc said it was exploring strategic alternatives, including a sale, sending its shares up 4.5 percent in premarket trading.
Pump maker Pentair to buy Erico Global for $1.8 billion in cash
(Reuters) - Pump and valve maker Pentair Plc agreed to buy fastening products maker Erico Global Co for $1.8 billion in cash, weeks after activist investor Nelson Peltz asked the company to bulk up through deals.
BB&T to buy National Penn Bancshares for about $1.8 billion
(Reuters) - BB&T Corp said it would buy National Penn Bancshares Inc in a cash-and-stock deal for about $1.8 billion to expand in the U.S. Mid-Atlantic region.
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