buy the unilever unit. that is just crossing the bloomberg now.part of the business to kkr in a deal that could fetch $8.3 billion. that deal confirmed in this last-minute. cbc.peaking out apollo and the deal is the biggest leveraged why out in europe this year. elliott management is reigniting a fight with the new york-based oil company according to people familiar with the matter. elliott is calling for john hess to fix the company his father founded or get out. that is your business flash for this hour. let's look at where european markets are trading as we had to the close. the ftse bucking the trend along with the dax. both higher. this is bloomberg. ♪ live from bloomberg's new european headquarters in london, i am a vucevic with vonnie quinn in new york. let's take you through all of the market action today. let's start with gmm which shows you what is happening across assets. earlier, the red dominating. more mixed now. positive in portugal. still seeing nordic stocks. underperforming denmark down more than 1%. i will talk about sterling. i

anna: fascinating move from unilever.ew they were going to sell it, but now they have done it. under pressure from activist and thats attempted takeover. activists and that attempted takeover. we will look at how soon the u.s. congress cap could pass a bill for the president to sign. that is coming up next. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. asian equities rise. the bridge to brexit. risking a row with the eu and her party. offer while unilever spreads for 6.8 billion euros. >> good morning. we are one hour away from the start of cash trading. let's see how futures are trading and indicating gains across the

you tied up with the big boys in the industry like unilever, johnson & johnson, l'oreal.mportant to tap the outside talent and what have you learned from them? shinta: we are one of the first companies to bring those players into indonesia. who are we at that time, right? we need that partnership. we know the locality. we know how to do business in indonesia, but we need that product and technology. we believe the partnership is very synergetic. i think each party is a win-win, so each party bring something to make the cooperation successful. haslinda: what is interesting is you see great future in green energy, renewable energy, and that has been quite a focus for the company. shinta: green energy has been part of our big picture as a sustainable excellence company look at the resources we have. we have the biggest terminal in indonesia. there are so many opportunities for renewables, and yet we have not even achieved a small part of it, so the target of the government to reach 23% in 2025 is a very ambitious target, but it is something that we definitely have to start m

unilever, thed defensive stocks are the ones that are on the move to the downside.s may be good thing for stocks because it means that investors are willing to get out there say space and maybe invest in something a little risk year. banks have emerged relatively unscathed with few lenders needing to raise major new funds. another reason for banks to gain this morning. basil committee chairman and hikes bank -- as a committee chairman stephan inquest said this. >> the rules we have been working off for quite a while are designed in such a way that thanffective outliers more the average banks. bloomberg news reporter nick comfort joins us now. three --eal on basil finally done? what are we seeing? nick: there is a very small chance it could fall apart but what could and fall apart in the world today? we are basically there. europeansl that the aren't happy with, the americans aren't happy with either, so maybe that means it's a good compromise. one that no one likes. that could be a positive. the fundamental factors are banks are limited in how far they can use their

taylor put in was really starting to go places i think the model would be much more like unilever nelsons -- if he had his way, david, i wonder how many people were -- >> he will take his seat in march but have another term. because they are getting him so late here given the fight and everything else he will actually be on for a year and seven months opposed to a one-year and they have joseph jimenez, former ceo of novartis. >> good man. if you look at the business units nelson wants, another way to run the company he's always wanted the divisions to be more competitive against each other and i wanted the small scale they had gotten into and got out of, which is reminiscent of what unilever. >> ed garden, when we talked about delivering alpha who's making decisions at this company? tell me who is reporting to who and making decisions he's going to be pressuring them every single board meeting. >> it does seem like the cincinnati bengals was running back by committee. rbc. you don't want that in fantasy and don't want it in reality. >> no. there it is. quiet end to a very loud battle. up

a story about unilever.guest we want to get on to and talk to quickly. they are pushing stuff on to each other‘s platform. joining me now is jasper lawler, head of research at london capital group. how important is it? how big a deal is it particularly in the light of the premier league auctions which cost so much money now?” the premier league auctions which cost so much money now? i think it isa cost so much money now? i think it is a pretty huge deal in the context of where tv is going for, particularly sky and bt, because the big fearfor sky, particularly sky and bt, because the big fear for sky, especially a brought about a lot from competition from bt people are cutting the chord with their subscription, cable and satellite channels. they are trying to prevent that. they have done that through their now tv offering where people can pay month by month. that brought them into competition with amazon and netflix who offer the same monthly subscription services. amazon has gone into sport which was the lar

a new consumer products company that pops up that is attacking a legacy business, such as png or unileverrely online. emily: you invested in venmo and braintree. is cryptocurrency on your list? ian: we have invested of a handful of companies that use blockchain, we invested in one company that is a cryptocurrency based business, although it is not on the consumer side that they help businesses move money out of africa, largely, because there are a lot of currency controls and those countries. &g is a customer of them. but largely i am not investing in cryptocurrency itself. emily: we have been talking about sexual assault accusations against the chairman that announced today he is resigning from sherpa capital. what is your reaction to these allegations, and plans to address the climate for women in entrepreneurship going forward? know him, so i cannot comment. but from a greycroft perspective, we have a female partner, one of the three founders. time, there were not very many females in the venture business 11 years ago. there are quite a few today. internal study. over 40% of our portfo

" ahead including exclusive with paychex and company that works with ferrari, airbus, google and unileverheard of and tonight ease edition of "the lightning round," stick with cramer cramer how sweet it is. ♪ for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide. growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento are investing in streets that are smarter and greener. the solution was right under our feet. asphalt. or to be more precise, intelligent asphalt. by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. that data runs across our network and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. who knew asphalt could help save the environment? >>> now that the tax bill is law, wall street is jubilant but after the big vote, daw

companies such as google, unilever and linkedin include the app into their benefits packages head spaceas now raised $76 million from high-profile investors, including briar capital, linkedin's jeff wiener and jessica alba this is part of the broader health and fitness category. the top three apps, fitbit, sweat coin. >> a very mellow josh lipton i might add. >> all right "squawk alley" is back in a moment speaking of top downloads, take a look at today's top chart for free apps. amazon clearly a beneficiary of a lot of holiday gifts we'll be right back. taking care of a family member can lead to plenty of questions. fortunately, there's a place to get the answers, for them and for you. find articles, tips and tools from experts and others who have been in your place. the caregiving resource center at aarp.org/caregiving. feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewr

unilever is on the verge of selling its margarine spreads business. it could fetch a $.3 billion.t out apollo global management and cvc capital partners. the deal would be the biggest leveraged eye out in europe this year. ever,e first time europe's biggest discount airline is willing to let pilots organize into unions. ryanair is trying to head off strikes that could disrupt holiday travel. fought unionry has efforts to organize ryanair employees. that is your business flash. russia surprises the markets today. the central bank made a bigger rate cut than economists expected, but it said that is not part of a bigger trend. before the decision, the head of russia's biggest company joined mark orton. -- mark barton. whyfairbanks ceo explained he is waiting for the dividend payouts and the impact of factions on russia. discussion very long and ourvidend payments report two days ago. this processat capitalconnected to the efficacy ratio. if it will be fair -- higher than a certain percent, we will pay. 50 plus percent of our net profits. our understanding -- it will happen in 2020. b

unilever is selling i can't believe it is not better. some of the defensive stocks down.t the tax story. it is the driving force this morning. weeks, lawmakers are scrambling to lock up republican support for tax reform. they added a last-minute perk as well. votes planned in the house and senate over the coming days. president trump closing in on his first wager victory. -- his first major victory. -- with us iss alexander dryden. is going: we think it to get over the line, however there are a couple more hurdles. of the interesting things is how the tax bill has changed in nature over the last will -- over the last week. over the last week you have seen it change. it is now over the -- it is now about the individual tax bracket. it increases the chance of inflation moving above the feds target. guy: it is much easier to sell bill for the republicans. -- to sell though for the republicans. the republicans need the pickup off the back of this. very hard to sell a tax cut for corporations. the dynamic has changed. ant: isn't it a bit of asymmetric risk? everyone has priced

none of the other banks really lifted. ,ome of the defensive stocks unilever and such, should do well of the health care stocks doing well. roche is the second-biggest gainer. as far as thesee , rios and oils producers tinto a big loser. shell, bp. reallyand oil producers making up the lion's share of the companies that are taking points off of the stocks 600. -- stock 600. stoxx 600. some left phil to get investors thinking. forecast, the bitcoin could see huge gains, was spot on. if the price targets of 2000 proved just a little bit of a cautious side. joining us with some more apparatus positions for next year, john hardy, senior macro strategist. bitcoin, you called it, but did not go far enough. >> in retrospect, bit silly to be outrageous. the first time we called for anything to triple. but your talking about measurement that already tripled. spectacular thing and the demise of bitcoin is going to be that it went super x financial. up close to 20 times what it was at the time we called last year. guy: what incident? what finishes this amazing run? >> if it is a speculative bubb

you've got names like unilever on the downside. some of the more defensive stocks falling.on't see a lot of the financials other than that on the downside. i did see the big red financials on your imap. clearly, it is a down day for banks, but if you look up the winning side, hsbc is adding the most points to the stoxx 600 this morning. you see more financials in the green. allianz is a gain or. lloyds banking group is again or. you see some the oil and gas companies on the plus side. here are bp and total gaining. you see bhp and allianz on the plus side. guy: let's talk about what happened stateside. the u.s. president declaring the republican largest tax cut in history. trouble sign the bill on january 3 -- trump will sign the bill on january 3. joining us, neil dwane. gary cohn over at the white house expected to -- expecting the market rallied to continue. neil: we think it is merely rallied far enough. result earnings of 6% in the market has rallied five. what are you going to be talking about in 2018? impulse? is the next say thewould have to lessons of the obama cri

unilever is buying smith's natural -- snitch schmitz natural. diet --r, the consumer giant.e not disclosed. that is your business flash update. julia: leaving scarlet on her toes. we speak with the internet association president michael beckham and his thoughts on the fcc vote to undo sweeping obama era net neutrality rules. from new york, this is bloomberg. ♪ ♪ mark: i'm mark crumpton with first word news. spoke about the tax bill currently working through congress, saying he comets marco rubio will around. pres. trump: i think he will be there. he has been a great guy. very some order. senator rubio will be there. we are doing very well on the tax front. we have tremendous support. we have tremendous -- mark: congressional leaders are scrambling to compromise. the federal communications commission today officially repealed net neutrality rules from during the obama administration. commissioner, i. to the staff for your terrific work on this item. >> the move dismantles fcc prohibitions for demanding payment for faster passage. the changes will not take place for three mont

i look at unilever, some of the smaller companies, and i see real opportunity.a: there got to hear from them us today -- later. i worry the prices relatively high. i believe we are going to have relative coordinating growth through 2018. values -- scale that the justifies the valuation a large scale. matt: you can stick with us. he is chief of investment management. there's a lot going on this tuesday. when you're traveling to work, you can trim and to bloomberg radio. you can do on your mobile device or dab, digital radio in the london area. up next, manus cranny is going to sit down with robert gates. we will hear live from the arab strategy for. this is bloomberg. ♪ ♪ "daybreak:is europe." it seems some investors are waiting to hear from central banks this week. fall units are a little lighter than they normally would he in the asian session. let's head out to the arab strategy session in dubai. that's were manus cranny is. he's with robert gates. manus? >> anna, thank you very much. this man knows a thing or two about foreign policy. robert gates, welcome. g

that is an interesting study, -- it is sponsored by a united nations organization and sponsored by unilever. study of 3000 young men in the u.k., u.s. and mexico, between 2015-2017. it asks them in a series of ages 18-35, of men how they would respond to 13 different questions about how they view women, themselves, about homophobia, a range of issues that i would do disservice to try to remember. the ones who scored the highest in these general scoring system of the research were most who we wouldose see our most articulate in the most rigid form of masculinity and have the most strictest views of gender roles, are most homophobic, most inclined to act with aggression against women. despite the admission -- it indicated that the u.k. and the men who wereoung seen as the most masculinity -- they were six or seven times more likely to admit to sexual assault and or sexual harassment. a decentis clearly body of evidence of three different cultures -- fairly similar, you might say but by no means identical -- it draws a really common feeling that young men feel that they have to appear invulner

unilever is buying snitch naturals as part of its eco-friendly push.they make natural bar soap, toothpastet. the giant had its seventh generation and this year it added who got herbs. the terms of the deal not disclosed. pier 1 hitting a three-year low. the retailer announced a ing earnings. it was her by the hurricanes in texas and florida. in one of three-year plan early next year. and that is your business flash update. still ahead, disney's deal for fox assets has trained our ion eye on acids today. this is bloomberg. ♪ julia: this is "bloomberg markets." scarlet: it is time for options insight with julie hyman. julie: joining me today is the chief options strategist at interactive brokers. great to see you as always. we have a little bit of a breaking of the trend today. recently, we have seen stocks drifting higher. today, they seem to be drifting lower. is there any bigger take away from the selling we are seeing today? >> i think it is refreshing to see that stocks can go down once in a while in a while. people get lulled into this mentality of always we are going up and up and up.

pitch going on in the media side of it, but the interesting thing about the dollar save club, it's unilever'sn a sense. people say it's against gillette it isn't i think it's a channel of engagement with the consumer and a channel of distribution. this is 3.5 million names they paid whatever they paid for because they saw this as a platform so if you think about a company like marriott, why does it buy starwood is it to have 30 brands? no, it's to have a platform that your eye, the customers', is on, to disintermediate the disintermediator you have google and facebook able to engage with you on a hotel booking. what you want is a platform, facebook, you like, you can use to engage with your consumer base it's the response to alexa and by the way, every one of the seven sisters and then jd.com has ding-dong, which is another voice activated device it's been in the market for twro years in china not made the inroads people thought. you have seven or eight voice activated devices that are going to try to engage with the consumer what they're doing is really interesting. they're carpet bombing th

you can look at unilever with their spreads business. m&a terms, but it turns out to be the hot spot this year. talk to me about m&a in europe. is it going to accelerate? is there a trend for growth? do other things drive this consolidation in europe? >> europe and the united states are not dissimilar. , right now, market gdp rates are better in europe. about as too worried financial failure. there was a monkey wrench thrown into things with brexit. people have gotten used to it. notassumption is that will do anything significant. interest rates are low. activity. even though the gdp rate is higher, you might say what has that got to do with it? stimulative of mn day. higher is not. there is not a big enough difference. there is a lot of looking within europe for other deals rather they are normal, which is come over to north america. how active will private equities be? itsever agreed to sell margarine and spreads business. this is the single biggest leverage buyout this year. will we see more into 2018? private equity. it was held back