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Mergers and Acquisitions Acquisitions

  • The deal comes after Monsanto, the world's largest seed company, terminated in May its agreement to sell the unit, Precision Planting LLC, to machinery maker Deere& Co, amid regulatory pressure. The U.S. Department of Justice had filed a lawsuit to block the sale, arguing the deal could make it more expensive for farmers to use fast, precise planting technology.

  • Meanwhile, its analytical instruments business generated sales of $1.17 billion, a near 47 percent jump, helped by the company's $4.2 billion purchase of microscope maker FEI Co.. Thermo Fisher, which agreed to acquire Patheon NV for $5.2 billion in May, said net income rose to $611.6 million, or $1.56 per share, in the quarter, from $516.6 million, or $1.30 per share,...

  • MUMBAI, July 26- Indian online marketplace Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources said on Wednesday, providing heft to its bigger rival in a high-stakes battle with Amazon.com Inc. The board of Jasper Infotech, which runs Snapdeal, approved Flipkart's bid of $900 million- $950 million last week, the sources who...

  • Chinese outbound M&A hits $76.9B in 2017

    In 2017 alone, Chinese firms have made 200 acquisitions globally, according to MergerMarket. CNBC’s Gemma Acton discusses the M&A sector.

  • U.S.-based Global Eagle Entertainment and China's HNA Group have called off an investment pact after failing to get regulatory approval.

  • Private equity firm Sun Capital Partners is said to be considering a sale of restaurant chain Boston Market.

  • BERLIN, July 25- German engineering company and auto supplier ZF Friedrichshafen was recently in advanced takeover talks with U.S. commercial vehicle parts supplier Wabco Holdings before they broke down, the Wall Street Journal reported on Tuesday. The talks collapsed after due diligence because of resistance from ZF's board, the newspaper said.

  • *Jimmy Choo soars to record after takeover deal. LONDON, July 25- Strength among commodity firms and banking stocks as well as a string of solid updates boosted European shares on Tuesday. The pan-European STOXX 600 index rose 0.4 percent, holding onto gains seen earlier in the session, as Wall Street opened higher and a key gauge of expected volatility plunged to...

  • *Akzo Nobel to hold shareholders meeting on Sept. 8. AMSTERDAM, July 25- Dutch paintmaker Akzo Nobel's chairman will step down next April, having angered some major investors by fighting off a 26.3 billion euro takeover bid by U.S. rival PPG Industries. "The question now is whether Akzo's board will stay unanimous in its resistance of PPG," analyst Joost van Beek of...

  • Michael Kors: Jimmy Choo just the start of aquisitions

    CNBC's Courtney Reagan shares the details of her phone call with Michael Kors CEO before he speaks to investors about the $1.2 billion purchase of Jimmy Choo.

  • Michael Kors will pay roughly $3 per share in cash for luxury shoemaker Jimmy Choo. The "Sqauwk Box" crew discuss.

  • AMSTERDAM, July 25- Dutch paintmaker Akzo Nobel's chairman will step down next April, having angered some major investors by fighting off a 26.3 billion euro takeover bid by U.S. rival PPG Industries. "The question now is whether Akzo's board will stay unanimous in its resistance of PPG," said analyst Joost van Beek of Theodoor Gilissen said. Akzo said it will hold an...

  • AMSTERDAM, July 25- Netherlands- based drinks bottler Refresco said on Tuesday it had agreed to buy the bottling activities of Canada- based Cott Corp for $1.25 billion, a move that will increase its capacity in the United States. The deal comes three months after Refresco rejected a $1.5 billion takeover offer from French private equity investor PAI Partners,...

  • July 24- Online health publisher WebMD Health Corp said on Monday it agreed to be bought by private equity firm KKR& Co in a deal valued at about $2.8 billion. The deal brings together WebMD's websites, such as WebMD.com, Medscape.com and MedicineNet.com, and those owned by KKR unit Internet Brands Inc, including DentalPlans.com and AllAboutCounseling.com.

  • July 24- Private equity company KKR& Co LLP will announce on Monday that it has agreed to pay $66.50 per share in cash to acquire U.S. online health publisher WebMD Health Corp, a person familiar with the matter said on Monday. Reuters reported on Sunday that KKR was nearing a deal to acquire WebMD, whose shares closed on Friday at $55.19, giving it a market...

  • TOKYO, July 24- Japan's Mitsubishi Tanabe Pharma Corp is acquiring Israeli drug maker Neuroderm for $1.1 billion in cash as part of a strategy to grow its business in the United States. The Japanese drugmaker said in a statement on Monday it would leverage Neuroderm's Parkinson's disease drug product that has commenced clinical trials in the United States and...

  • July 21- Private equity group Permira has bought a stake in payments firm Klarna, one of Europe's most highly valued tech startups. Sweden- based Klarna said on Friday that Permira will acquire the stake from existing shareholders General Atlantic and DST Global, and co-founder Niklas Adalberth. Klarna received its banking license from Sweden's financial...

  • CHICAGO, July 20- Global grain trader Bunge Ltd's cost cutting and restructuring plans could buy it time in the face of a takeover bid from a larger rival as it struggles to stay independent during a slump in the commodities market, analysts said. In its restructuring announcement, seen as a defense against both Glencore and activist investor Carlson Capital,...

  • July 20- The world's largest brewer Anheuser Busch InBev said on Thursday it was acquiring Hiball, a San Francisco- based producer of energy drinks and owner of the Alta Palla brand of organic sparkling juices and sparkling waters. The acquisition marks another step into the non-alcoholic drinks sector for the company, which already produces the...

  • *Anglo-Dutch firm's London- listed shares up 1.2 pct. LONDON, July 20- Unilever lifted its annual profitability target on Thursday after cost cuts led to a big improvement in the first half of the year, showing it can boost returns after rebuffing a $143 billion takeover bid. "It's something that we keep on our radar screens here ourselves," Chief Financial Officer...