United Kingdom


Exclusive: Vitol set to acquire Noble Group's oil liquids business - sources


SINGAPORE/LONDON Vitol Group, the world's largest oil trader, is nearing a deal to buy Noble Group's global oil liquids business, which analysts had valued at about $1 billion, three people familiar with the matter said on Friday.


UK business minister travels to Canada for talks on Bombardier deal 20 Oct 2017

LONDON British Business Secretary Greg Clark will hold talks in Canada on Friday to discuss Airbus SE's plans to buy a majority stake in Bombardier's C-Series jetliner program aimed at helping it avoid high U.S. import tariffs.


Telecom Italia and Vivendi's Canal+ agree content joint venture 20 Oct 2017

MILAN The board of Telecom Italia (TIM) has approved the creation of a joint venture with French media group Vivendi's pay-TV unit Canal+, strengthening the link between the Italian phone group and its biggest shareholder.


Sovereign funds' corporate deals halve in third quarter, Asians stay active 20 Oct 2017

LONDON The value of corporate deals with sovereign wealth fund (SWF) participation halved in the third quarter as oil-driven funds continued to take a back seat.

British debt collector Cabot launches 1 billion sterling London IPO 20 Oct 2017

LONDON Cabot Credit Management , Britain's biggest debt collector said on Friday it would list on the London Stock Exchange, targeting a 1 billion-pound ($1.32 billion) market capitalization, a source familiar with the matter told Reuters.

Ash Grove approves sale to CRH after Summit drop out 20 Oct 2017

DUBLIN A majority of Ash Grove Cement's shareholders approved the sale of the U.S. cement maker to Ireland's CRH on Friday after a rival bid from Summit Materials failed to materialize.


Burger King operator BK Brasil files for IPO in wave of listings 20 Oct 2017

BRASILIA/SAO PAULO BK Brasil Operação e Assessoria a Restaurantes SA, operator of the Burger King fast-food chain in Brazil, will list an undisclosed amount of new shares on the country's stock exchange, the latest in a year-long wave of initial public offerings.

Tencent-backed Sea Ltd jumps in debut, but soon reverses course 20 Oct 2017

Sea Ltd , a Singapore-based online gaming and e-commerce company backed by Tencent , rose 13 percent their debut on Friday, giving the company a market valuation of $5.39 billion.

Cloud services company Fusion courts banks for Birch merger financing 20 Oct 2017

NEW YORK US cloud communications services company Fusion Telecommunications is in the process of selecting banks to arrange financing for its acquisition of Birch Communications’ cloud and business services unit, after inking a merger agreement with the US telecommunications company in August without committed financing in place, according to two sources familiar with the matter.

Exclusive: Qatar diplomatic crisis delays sale of Gulf shipping firm, sources say 20 Oct 2017

LONDON/DUBAI Qatar's diplomatic crisis is holding up the sale of a shipping company it part owns, one of the latest signs of an emerging corporate fall-out that Doha is facing after Arab countries cut relations in June, sources familiar with the matter said.