Reuters Deals Today: September 25, 2017

Click to View in Browser Monday, September 25, 2017 Exclusive: Toshiba tells banks chip deal delayed as Apple yet to approve TOKYO (Reuters) - Toshiba Corp told its main banks on Monday it has not signed the $18 billion sale of its semiconductor business because Apple Inc , a member of the buyer group, has not agreed on key terms, two people involved in the deal said. ABB buys GE business for $2.6 billion in bet it can boost margins ZURICH (Reuters) - Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion in a bet it can improve the division's lackluster margins over the next five years, the Swiss engineering company said on Monday. AIG to restructure its business (Reuters) - American International Group Inc said on Monday it would reorganize into three new business units and will no longer have Commercial and Consumer businesses. Genuine Parts to buy European peer in $2 billion deal (Reuters) - Genuine Parts Co , a U.S.-based automotive replacement parts distributor, said on Monday it would buy European peer Alliance Automotive Group in a deal valued at about $2 billion, including debt. Siemens likely to pick Alstom for rail merger: sources MUNICH/FRANKFURT (Reuters) - German industrial group Siemens is likely to decide on Tuesday to pursue a multibillion-dollar rail merger with French rival Alstom rather than Canada's Bombardier , two sources familiar with the matter told Reuters. STX deal possible at France/Italy summit on Wednesday: Macron's office PARIS (Reuters) - France and Italy could reach a deal over the STX France shipyards at a meeting of the two countries' leaders on Wednesday, an official at French President Emmanuel Macron's office said. Nets welcomes $5.3 billion takeover bid by Hellman & Friedman COPENHAGEN (Reuters) - Payments firm Nets on Monday welcomed a 33.1 billion Danish crown ($5.3 billion) bid from U.S. firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in recent years. Japan Post share sale raises $11 billion, but demand weaker than for IPO TOKYO (Reuters) - A government sale of Japan Post Holdings Co stock raised $11 billion in the world's second-biggest share sale this year, with the postal and financial giant's attractive dividend yield helping drum up sufficient, albeit subdued, demand. Unilever to buy Carver Korea for $2.7 billion SEOUL (Reuters) - Unilever has agreed to buy cosmetics firm Carver Korea for 2.27 billion euros ($2.71 billion) from Goldman Sachs, Bain Capital and the company's founder as it expands its beauty and personal care business. IAG CEO confirms bid for Air Berlin, sees it going to Lufthansa BERLIN (Reuters) - British Airways parent IAG put in a bid for part of insolvent German airline Air Berlin but expects it will go mainly to Lufthansa, CEO Willie Walsh said at a conference in Barcelona. Related Video Uber looks to Londoners after city strips license London strips Uber of license Related News Wall St. pulls back from record; utilities slump U.S. consumer confidence rises in December Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook