Reuters Deals Today: November 21, 2017

Click to View in Browser Tuesday, November 21, 2017 U.S. sues to stop AT&T buying Time Warner, says would hike rates WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video. Broadcom eyes big changes for Qualcomm's patent practices SAN FRANCISCO (Reuters) - As part of its $103 billion bid to buy Qualcomm Inc , Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc . WPP accepts Bain's offer for Japan's ADK, says Bain TOKYO (Reuters) - Bain Capital LLC on Tuesday said its $1.35 billion offer for Asatsu-DK Inc (ADK) had been accepted by the Japanese company's 25 percent shareholder WPP , after the parties floated the idea of WPP reinvesting at a later date. Rio Tinto, China's private equity prepare to bid for lithium producer SQM LONDON/VANCOUVER (Reuters) - Rio Tinto <RIO.AX. , Canada's Wealth Minerals and Chinese private equity firm GSR Capital are considering a bid for a stake in Chilean lithium producer SQM (Sociedad Quimica Y Minera) , banking sources told Reuters. Exclusive: Philippines' PT&T seeks partners for broadband, cell services, talks to Chinese firms MANILA (Reuters) - Philippine Telegraph & Telephone Corp is talking to Chinese companies about forming strategic partnerships as part of plans to turn a niche player into a force in the domestic telecoms market, its chairman said on Tuesday. Marvell Technology to buy rival chipmaker Cavium for $6 billion (Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry. Cerberus, others seen interested in Creval's turnaround plan: source MILAN (Reuters) - U.S. fund Cerberus Capital Management is among potential investors interested in Italian bank Creval's turnaround plan but it is too early to say whether it will also commit to buying into the lender's planned share issue, a source close to the matter said. BP seeks stake in Cairn Energy Senegal assets: sources SYDNEY/LONDON (Reuters) - Oil exploration company Cairn Energy is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said. Mellanox says welcomes shareholders' input after Starboard stake purchase JERUSALEM (Reuters) - Israeli chip maker Mellanox said on Tuesday it welcomed a dialogue with its shareholders after news that activist investor Starboard Value LP had bought a 10.7 percent stake in the company. Bain Capital to sell its 15 percent stake in Skylark TOKYO (Reuters) - Skylark Co on Tuesday said Bain Capital would sell its 15-percent stake in the Japanese restaurant chain in the market, ending a six-year relationship between the firms. Related Video Tencent surpasses Facebook in market value Why a Belgian port is already feeling Brexit pain 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