Deals Today

	Click to View in Browser 05/28/2014 Pilgrim's bid for Hillshire puts Pinnacle deal in peril (Reuters) - Pilgrim's Pride Corp on Tuesday offered to buy Hillshire Brands Co in an all-cash deal valued at $6.4 billion, as the world's second-largest chicken processor seeks to expand its protein footprint with Hillshire's sausages and lunch meats. Nestle boosts skincare business with $1.4 billion Valeant deal LONDON/ZURICH (Reuters) - Swiss food group Nestle stepped up its drive into the fast-growing skincare market on Wednesday, buying the rights to several treatments for facial lines and wrinkles from Valeant Pharmaceuticals International for $1.4 billion in cash. EU clears Hutchison's $1 billion takeover of O2 Ireland BRUSSELS (Reuters) - Hong Kong-based Hutchison Whampoa gained European Union regulatory approval on Wednesday for its $1 billion bid for Telefonica's Irish business after agreeing to aid two smaller rivals in Ireland. Koch Industries to buy propylene producer PetroLogistics for $2.1 billion (Reuters) - Propylene producer PetroLogistics LP said it will be taken private by a unit of Koch Industries Inc in a deal worth $2.1 billion, including debt. Weir drops takeover of Finnish rival Metso after new bid snubbed LONDON (Reuters) - Scottish engineering firm Weir Group abandoned efforts to acquire rival Metso after the Finnish company rejected a second, improved takeover bid. Luxury online shop Mytheresa up for sale: sources FRANKFURT (Reuters) - The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters. China CNPC sees to invest at least $2 billion in Peru after Petrobras deal LIMA (Reuters) - The China National Petroleum Corporation (CNPC) expects to invest at least $2 billion in Peru over the next 10 years, after having recently bought Petrobras' assets in the country, a top CNPC executive told Reuters on Tuesday. Japan's Renesas to sell display chip business to Synaptics: sources TOKYO (Reuters) - Renesas Electronics Corp plans to sell its majority stake in a maker of iPhone display chips to Synaptics Inc, another smartphone chip supplier, according to sources familiar with the matter. French caterer Elior aims to raise $1.2 billion in market debut PARIS (Reuters) - Europe's third-largest catering group Elior said it aimed to raise at least 845 million euros ($1.2 billion) in an initial public offering (IPO) and would use the proceeds to cut debt and fund further expansion, notably in the United States. Omnicom, Twitter sign $230 mln mobile ad deal (Reuters) - Omnicom Group Inc's media services division signed a deal worth $230 million with Twitter Inc that will integrate Omnicom's automated ad buying unit Accuen with Twitter's mobile ad exchange MoPub. Related Video Breakingviews: Nestlé deal is a real beauty Asia Day Ahead: Earnings in Malaysia, Philippines GDP data Related News U.S. factory, confidence data boost growth prospects U.S. mortgage applications fall in latest week: MBA 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