Reuters News

Blackstone to take minority stake in NCR Corp: Reuters

Blackstone Group LP (BX.N) has agreed to invest more than $800 million in NCR Corp (NCR.N) that will give it the equivalent of more than a 15 percent stake in the automated teller machines maker, Reuters News reported.

FanDuel, DraftKings vow to fight New York's halt on bets: Reuters

Daily fantasy sports sites FanDuel and DraftKings are prepared to fight in court against New York state's top prosecutor, who said that they were running illegal gambling operations and ordered them to stop taking bets in the state, Reuters News reported.

New York tells fantasy sports websites to stop taking bets in state: Reuters

The New York state attorney general on Tuesday ordered the fantasy sports sites DraftKings and FanDuel to stop accepting bets in New York, saying that the operations were essentially illegal gambling, according to copies of letters to the companies seen by Reuters.

Brazil's OAS creditors, Brookfield near Invepar deal, sources say: Reuters

Creditors of Grupo OAS , the Brazilian engineering firm under creditor protection, have preliminary agreed to sell a 24.4 percent stake in infrastructure firm Invepar to Brookfield Asset Management Inc, Reuters News reported.

Kirkland lashes out against Caesars creditor accusations: Reuters

Kirkland & Ellis, a top U.S. restructuring firm, on Tuesday fought a request by junior bondholders that it be disqualified from parts of casino group Caesars Entertainment's $18 billion bankruptcy case, Reuters News reported.

AB InBev launches SAB bid, to sell MillerCoors stake: Reuters

(Reuters) -- Anheuser-Busch InBev (ABI.BR), the world's biggest brewer, launched its $100 billion-plus offer for nearest rival SABMiller (SAB.L) on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval, Reuters News reported.

Millennium Health seeks bankruptcy after overbilling settlement: Reuters

Millennium Health, formerly Millennium Laboratories, filed for Chapter 11 bankruptcy on Tuesday, a month after it agreed to pay $256 million to settle allegations it overbilled federal healthcare programs such as Medicare, Reuters News reported.

Swiss book retailer Orell Fuessli in talks to buy Thalia, say sources: Reuters

Swiss books retailer Orell Fuessli is in talks to buy German peer Thalia, sources told Reuters.

Nursing home operator Korian buys Casa Reha for more than 300 mln euros, say sources: Reuters

French nursing home operator Korian has agreed to buy German peer Casa Reha as it seeks to increase its presence in Europe's biggest economy, it said on Tuesday.

Fight for Australia's Asciano intensifies with Qube's $6.3 billion offer: Reuters

The battle for Australian stevedoring and rail giant Asciano Ltd (AIO.AX) escalated on Tuesday after ports firm Qube Holdings Ltd (QUB.AX) made a $6.3 billion offer that narrowly beats a rival bid and is expected to draw less concern from antitrust regulators, Reuters reported.