Deals

GE set for cost cuts as EU decision on Alstom deal nears

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- General Electric Co is expected to win regulatory approval next week for its purchase of the power equipment business of France's Alstom, allowing the U.S. industrial conglomerate to finally carry out a major cost-cutting program 16 months after first announcing the deal.

Canada's Emera to buy Teco Energy for $6.44 billion to expand in U.S. 04 Sep 2015

- Canadian energy company Emera Inc will acquire U.S. electric and gas utility holding company Teco Energy Inc for $6.44 billion to expand in the United States.

Exclusive: One Call Care in $2 billion bid for Helios - sources 04 Sep 2015

- Medical cost containment services company One Call Care Management is preparing to bid close to $2 billion for peer Helios, people familiar with the matter said, in what would be one of the workers' compensation sector's biggest mergers.

BlackBerry to buy rival Good Technology for $425 million 04 Sep 2015

TORONTO - Canada's BlackBerry Ltd said on Friday it will buy rival mobile software provider Good Technology Corp for $425 million, to boost its ability to help corporate clients manage smartphones running on different operating systems.

GVC trumps 888 to clinch deal for Bwin 04 Sep 2015

LONDON - UK-listed Bwin.party ditched an agreed deal with 888 on Friday in favor of a higher 1.1 billion-pound ($1.7 billion) offer from GVC Holdings , creating a sports betting heavyweight in a sector being reshaped by consolidation.

Japanese banks among bidders for GE's local finance unit 04 Sep 2015

- Japanese banks are among bidders for General Electric Co's local commercial lending and leasing operation, sources told Reuters on Friday.

Bayer plans to list Covestro in fourth quarter 04 Sep 2015

FRANKFURT - Bayer's plastics maker Covestro aims to raise about 2.5 billion euros ($2.8 billion) with an initial public offering in the fourth quarter, sources said, leaving its parent to focus on drugs and pesticides.

Indian drugmaker Cipla pushes into U.S. with two deals 04 Sep 2015

MUMBAI - Indian drugmaker Cipla Ltd is set to buy two U.S. generics businesses in cash deals worth $550 million, it said on Friday, following rivals with a push to enhance its presence in the world's largest generics market.

CIMB seeks bids for Southeast Asia insurance distribution 04 Sep 2015

SINGAPORE/KUALA LUMPUR - Malaysian lender CIMB Group Holdings has invited bids from insurers for an agreement to distribute their general insurance products in four Southeast Asian markets, a deal that could fetch it about $400 million, people with direct knowledge of the matter said.

B&G; to buy General Mills' Green Giant frozen foods business 03 Sep 2015

- Snack food company B&G; Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.

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