Reuters - Deals Today

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Wednesday, October 25, 2017

Exclusive: Canada pushed for Airbus deal as Bombardier courted China

MONTREAL/PARIS (Reuters) - The Canadian government encouraged Bombardier to make a deal with Airbus SE for its CSeries planes to thwart a potential venture with Chinese investors, according to five sources familiar with the matter.

T-Mobile, Sprint ready board committees to decide on merger: sources

(Reuters) - T-Mobile US Inc and Sprint Corp are laying the groundwork for special committees of their board of directors to decide on a merger between the third and fourth largest U.S. wireless carriers, according to people familiar with the matter.

Chinese firms eye U.S.-based Learning Care valued at up to $1.6 billion: sources

HONG KONG (Reuters) - Chinese suitors have indicated their interest in buying U.S. child care provider Learning Care Group (LCG) that has been put on the block by its private equity owner and could fetch up to $1.6 billion, said people with knowledge of the matter.

Apple acquires New Zealand wireless charging company

SINGAPORE (Reuters) - Apple, which recently said it was including wireless charging in its latest iPhone X and iPhone 8 smartphones, has acquired New Zealand firm PowerbyProxi that designs wireless power products for consumers and industry.

Cerberus shows interest in troubled Alitalia: FT

(Reuters) - U.S. private equity group Cerberus Capital Management has approached Alitalia [CAITLA.UL] with an offer that would allow the carrier to remain independent, the Financial Times reported on Wednesday, citing sources.

Saudi Aramco, SABIC receive bids for oil-to-chemicals project

KHOBAR, Saudi Arabia (Reuters) - Saudi Aramco and Saudi Basic Industries Corp have received project management consultancy bids for a planned joint venture oil-to-chemicals project, industry sources said.

At least three buyout groups seen advancing in Unilever spreads auction: sources

LONDON (Reuters) - At least three bidders are expected to be shortlisted for the second round of an auction for Unilever's margarine and spreads business while two other private equity groups are no longer in the fray, sources told Reuters.

U.S. fund, CIC snap up Equis Energy for $3.7 billion in bet on renewables

SINGAPORE (Reuters) - U.S. fund Global Infrastructure Partners (GIP) has agreed to buy Equis Energy, Asia's largest independent renewable energy firm, for $3.7 billion with partners including sovereign fund China Investment Corp, underscoring growing global interest in renewables investment.

CWA union to oppose Sprint, T-Mobile deal over job losses

WASHINGTON (Reuters) - The 700,000-member Communications Workers of America (CWA) union said on Tuesday it would oppose a deal to merge wireless carriers Sprint and T-Mobile, arguing that such a move would cost tens of thousands of jobs in the United States.

Delphi to buy self-driving tech startup nuTonomy for $450 million

(Reuters) - Delphi Automotive Plc said on Tuesday it will buy self-driving car software startup nuTonomy for $450 million, helping to put automated vehicles using its technology into commercial use in 2019, a year earlier than planned.