Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion

Westfield, the Australia-based operator of shopping malls in the U.S., said it agreed to a takeover offer from European property company Unibail-Rodamco valuing it at $15.7 billion.

 
Atos Makes $5 Billion Offer to Buy Gemalto

French IT services firm Atos is making an unsolicited bid to buy smart-card maker Gemalto-part of a wave of deals in the payment space as rivals join forces to cut costs.

 
Bet on UniCredit for Europe's Banking Recovery

The threat of higher capital charges isn't over for European banks, but UniCredit, Italy's biggest lender, can take this in its stride.

 
Google, Others Take Uneven Approach to Policing Extremist Content

The immigrant who tried to set off a bomb strapped to his body in one of New York City's busiest transit hubs Monday morning downloaded information from the internet on how to build such a device, according to New York Gov. Andrew Cuomo.

 
Amazon Opens a Second Cloud-Computing Center in China

Amazon.com opened a second cloud-computing data-center complex in China on Tuesday, underlining the importance of the market to its cloud-computing unit, Amazon Web Services.

 
Toshiba and Western Digital Resolve Dispute Over Chip Unit

Toshiba and Western Digital agreed to settle a dispute over the Japanese company's planned sale of its memory-chip unit, clearing a major hurdle to the nearly $18 billion deal.

 
Toshiba and Western Digital Should Gain From Burying the Hatchet

Settling a dispute over the planned sale of Toshiba's memory-chip business will give both companies more firepower to invest as industry competition intensifies.

 
Passport Capital to Shut Flagship Hedge Fund

John Burbank's Passport Capital, famed for its profitable bets against subprime housing ahead of the financial crisis, will shutter its flagship fund after persistent losses, according to a letter to investors.

 
Thai Tycoon Makes Frothy Offer for Stake in Vietnam's Largest Brewer

One of Thailand's richest tycoons is looking to buy a quarter of Vietnam's largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake.

 
Comcast No Longer Reviewing Deal for 21st Century Fox Assets

Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

(END) Dow Jones Newswires

December 12, 2017 07:15 ET (12:15 GMT)

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