Tuesday, September 1, 2015

Reuters Deals Today: September 1, 2015

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Tuesday, September 1, 2015
Apple partners with Cisco to boost enterprise business
(Reuters) - Apple Inc on Monday teamed up with network gear maker Cisco Systems Inc to improve the performance of its iPad and iPhone devices on Cisco's corporate network.
Fiat Chrysler's Marchionne says 'unconscionable' to give up on GM deal: paper
MILAN (Reuters) - It would be "unconscionable" for Fiat Chrysler Automobiles (FCA) not to pursue a merger with rival General Motors and create a company that can generate $30 billion a year in cash, FCA chief Sergio Marchionne said in a newspaper interview.
UK's Bwin receives revised proposal from 888
(Reuters) - Online gambling firm 888 Holdings Plc stepped up the battle for Bwin.party Digital Entertainment Plc on Tuesday, submitting a revised takeover proposal as it looks to see off rival interest from GVC Holdings Plc .
Rentokil buys $425 million U.S. pest control business Steritech
LONDON (Reuters) - British support services company Rentokil Initial has continued its North American expansion with its biggest deal in 10 years, agreeing to buy pest control business Steritech for $425 million.
Aga saga sizzles as Whirlpool weighs rival bid
LONDON (Reuters) - Whirlpool Corp , the world's biggest home appliance company, is set to battle Middleby for Britain's Aga Rangemaster , the maker of range cookers synonymous with affluent British middle-class country life.
Japan's Ajinomoto could spend up to $1.7 billion on M&A by end-FY2016
TOKYO (Reuters) - Japan's Ajinomoto Co Inc could spend up to $1.7 billion for acquisitions and alliances by the end of the next fiscal year, its president said on Tuesday, as the company hunts for deals to help it grow into a top-10 global food maker.
China's Focus Media aims to relist via Hedy acquisition
HONG KONG (Reuters) - China's Focus Media Holding Ltd, a Carlyle-backed company that was delisted in the United States after short-seller attacks, aims to relist on the market through an acquisition by communications equipment maker Hedy Holdings .
Investment firm Pleasant Lake offers to buy MagnaChip
(Reuters) - Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million.
Suzuki Motor says it will buy back VW stake as court settles feud
TOKYO (Reuters) - Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.
Ageas to sell Hong Kong unit to China's JD Capital for $1.4 billion
HONG KONG (Reuters) - Ageas has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago.
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