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Confident Snap brushes off concerns on second day of IPO roadshow


NEW YORK Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder." | Video


Verizon, Yahoo agree to lowered $4.48 billion deal following cyber attacks 21 Feb 2017

Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. | Video


Burger King and Tim Hortons owner to buy Popeyes for $1.8 billion 1:28am GMT

Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for $1.8 billion in cash.


Saudi Aramco taps JPMorgan, Morgan Stanley for IPO, HSBC a contender: source 7:15am GMT

Oil giant Saudi Aramco [IPO-ARMO.SE] has asked JPMorgan Chase & Co and Morgan Stanley to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said.


Icahn buys Bristol-Myers shares, adding to activist pressure 21 Feb 2017

Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher.

Apollo affiliate Novitex, SourceHov to merge with Quinpario 4:50am GMT

SourceHOV LLC, Novitex Holdings Inc and Quinpario Acquisition Corp 2 agreed to combine in a deal valued at about $2.8 billion, to scale up their businesses in the financial technology and business services industry.


Deutsche Boerse, LSE plan further concession for EU merger approval: sources 21 Feb 2017

Deutsche Boerse AG and the London Stock Exchange Group Plc are planning further concessions to satisfy the European Commission's concerns about their planned merger, two sources familiar with the matter said on Tuesday.


Aeromexico board says Delta offer for shares 'fair' 21 Feb 2017

MEXICO CITY Grupo Aeromexico said on Tuesday that its board had determined that Delta Air Lines Inc's offer to buy an additional 32 percent of its shares was fair.

Ternium buys ThyssenKrupp's Brazil mill for $1.3 billion 1:51am GMT

SAO PAULO Ternium SA has agreed to buy 100 percent of ThyssenKrupp AG's Brazilian mill CSA Cia Siderúrgica do Atlantico SA for 1.26 billion euros ($1.33 billion), ending five years of unsuccessful efforts by the German company to exit Latin America's largest economy.

Permira-Backed sushi chain Sushiro plans up to $730 million IPO 8:40am GMT

HONG KONG/TOKYO Sushiro Global Holdings Ltd, which runs Japan's biggest chain of conveyor-belt sushi restaurants, said shareholders including European buyout firm Permira [PERM.UL] would sell shares worth up to 82.4 billion yen ($730 million) in an initial public offering.

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