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Deals

McDonald's drops plan to sell shares in Japan unit

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TOKYO McDonald's Corp has put on hold plans to sell shares in its Japan unit, which recently returned to profit for the first time in three years after a series of food scandals shook consumer confidence in the chain.

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UGG brand owner Deckers explores sale 1:30am BST

Deckers Outdoor Corp said on Tuesday it was exploring strategic alternatives, including a sale of the company, a month after an activist investor urged the apparel and accessories maker to sell itself.

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Liberty House bids to buy iron ore assets in Minnesota 25 Apr 2017

British metals group Liberty House is bidding to buy U.S.-based Mesabi Metallics Co LLC and ESML Holding Inc, as it seeks to boost its presence in North America.

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AdvancePierre deal a delicious treat for timely options buyers 25 Apr 2017

NEW YORK Traders took a big bite out of AdvancePierre Foods Holdings' near-term bullish options just days ahead of Tuesday's announcement by Tyson Foods that it would buy the packaged sandwich supplier for $3.2 billion.

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Odebrecht lenders to forgo early debt repayment after M&A deal 12:36am BST

SAO PAULO Creditors of Odebrecht SA have agreed to not tap proceeds from the sale of a water and sanitation utility for early repayment of loans, giving the embattled Brazilian engineering conglomerate more time to restructure 76 billion reais ($24 billion) of obligations.

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Verizon's bid challenges AT&T's offer for Straight Path: source 25 Apr 2017

Verizon Communications Inc has made an offer for Straight Path Communications Inc , topping an earlier bid from AT&T Inc , in a move that starts a bidding war for a company holding spectrum used in 5G technology, according to a source familiar with the matter.

Majority owner of Germany's CTS to cut stake via placement 25 Apr 2017

BERLIN German ticketing company CTS Eventim said the foundation of founder and CEO Klaus-Peter Schulenberg, KPS Stiftung, plans to sell up to a 5 percent stake via an accelerated bookbuild.

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Dutch Economic Affairs minister says still opposed to Akzo Nobel takeover 25 Apr 2017

AMSTERDAM Dutch Economic Affairs Minister Henk Kamp repeated his opposition to a takeover of paint maker Akzo Nobel on Tuesday, saying he did not care that U.S. rival PPG Industries had raised its offer.

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Netflix clinches licensing deal with China's iQiyi.com 25 Apr 2017

BEIJING Netflix is to introduce original content in China in a licensing deal with local video streaming service iQiyi.com, the U.S. company said on Tuesday.

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Toshiba to start taking bids in June for its Swiss unit Landis+Gyr: Kyodo 25 Apr 2017

TOKYO Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.

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