Deals Today

	Click to View in Browser 01/13/2014 Etihad chief says will not be rushed on Alitalia decision BERLIN (Reuters) - Etihad will not be rushed into making a decision over an investment in struggling Italian airline Alitalia , the chief executive of the Abu Dhabi-based airline said on Monday. Li Ka-shing cuts HK utility IPO to $3.6 billion as investors balk at valuations HONG KONG (Reuters) - Li Ka-shing's Power Assets Holdings Ltd downsized a Hong Kong IPO of its electricity business by nearly one-third to $3.6 billion, a sign that valuations for upcoming deals in the city will need to remain conservative to lure investors. Sanofi to buy 12 percent of Alnylam, expands rare-disease drug deal SAN FRANCISCO (Reuters) - French drugmaker Sanofi will buy a 12 percent stake in Alnylam Pharmaceuticals Inc for $700 million and deepen their partnership to develop drugs for rare genetic diseases. Amec says offers to buy Foster Wheeler in $3 billion deal LONDON (Reuters) - British engineering firm Amec said on Monday it had provisionally agreed to buy Foster Wheeler in a cash and share deal that values the Swiss-based engineer at 1.9 billion pounds ($3.13 billion). Sports Direct seeks Debenhams links after 5 percent share purchase LONDON (Reuters) - Sports Direct , Britain's largest sporting goods retailer, has acquired a 4.6 percent stake in Debenhams and said it wants to explore options "at an operational level" to work with the country's No. 2 department stores group. Eminence backs Men's Wearhouse bid for Jos. A. Bank: WSJ (Reuters) - Men's Wearhouse Inc's largest shareholder, Eminence Capital LLC, plans to support the retailer's $1.61 billion offer for rival Jos. A. Bank Clothiers Inc , the Wall Street Journal reported, quoting people familiar with the matter. Total speeds up UK shale gas race as first oil major to enter market LONDON (Reuters) - France's Total on Monday became the first oil and gas major to enter Britain's shale gas market by acquiring a 40 percent interest in two licenses in northern England for up to $48 million. Discovery, Scripps Networks end merger talks: WSJ (Reuters) - Discovery Communications Inc and Scripps Networks Interactive Inc abandoned talks for a merger last week, the Wall Street Journal reported, quoting people familiar with the matter. Investment bank Moelis planning IPO - WSJ (Reuters) - New York-based investment bank Moelis & Co is working with Goldman Sachs Group Inc and others on a potential initial public offering, the Wall Street Journal reported on Friday, citing people familiar with the matter. Ermotti says UBS is not planning investment bank spinoff - BBG ZURICH (Reuters) - UBS is not considering spinning off its investment bank, its chief executive Sergio Ermotti said on Monday, rebuffing speculation last week it may consider such a move to quieten demands for it to put aside more capital. Related Video Breakingviews: New Basel metrics reprieve short-lived Shutdown turns tourists off 'Teflon' Thailand Related News India's December retail inflation slows to three-month low Germany only grew slightly in 2013 - economy ministry A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend