Mergers and Acquisitions Acquisitions

  • Sept 26- TransCanada Corp said on Monday its unit, Columbia Pipeline Group, offered to buy Columbia Pipeline Partners LP for about $848 million in cash. The $15.75 per common unit offer represents a premium of 11.3 percent to Columbia Pipeline Partners' 30- day average closing price as of Sept. 23, TransCanada said. TransCanada, Canada's second-largest pipeline...

  • CBOE buys BATS for $3.2B

    CBOE is buying BATS for $32.50 per share, reports CNBC's Andrew Ross Sorkin

  • NEW YORK— Chemtura's stock is up more than 17 percent in premarket trading after the specialty chemicals company agreed to a $2.5 billion acquisition offer from Germany's Lanxess. Chemtura shareholders will receive $33.50 per share in cash for each share they own. Lanxess Chairman and CEO Matthias Zachert said that the acquisition diversifies its business...

  • ATLANTIC CITY, N.J.— Cash-strapped Atlantic City thinks it has found a way to pay off debt while fighting off a threatened state takeover. Mayor Don Guardian said Monday the city's Municipal Utilities Authority will buy the city-owned former Bader Field airport property for about $100 million. Atlantic City is nearing default on a $73 million emergency state...

  • Jack Dorsey, CEO of Twitter

    Two sources said Twitter was looking for at least $30 billion to sell, Recode reports.

  • BISMARCK, N.D.— The company developing the four-state Dakota Access oil pipeline has purchased a portion of a historic North Dakota ranch where a violent protest occurred earlier this month due to what tribal officials said was construction crews destroying burial and cultural sites. Morton County records show Dallas- based Energy Transfer Partners...

  • Palm trees stand in front of the Marina Del Rey Marriott hotel in Marina Del Rey, California, U.S., on Monday, March 21, 2016.

    In total, 30 brands will fall under the Marriott umbrella to create the world's largest hotel chain with more than 1.1 million rooms.

  • Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels& Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood's Sheraton, Westin, W and St. Marriott now eclipses Hilton Worldwide's 773,000 rooms and the 766,000 that are part of the Intercontinental Hotels Group family,...

  • Chief Executive Officer Marissa Mayer is under pressure to shore up the flagging fortunes of the site founded in 1994, and the company in July agreed to a $4.83 billion cash sale of its internet business to Verizon Communications Inc.. "This is the biggest data breach ever," said well-known cryptologist Bruce Schneier, adding that the impact on Yahoo and its...

  • The new services will arrive just as LinkedIn itself gains a new boss— Microsoft— which is paying $26 billion to acquire the Silicon Valley company later this year. LinkedIn said the new features, which it showed off to reporters Thursday, were in the works before the Microsoft takeover was announced in June. But LinkedIn CEO Jeff Weiner said his company hopes to...

  • LISBON, Sept 22- Angolan investor Isabel dos Santos signaled on Thursday she had agreed for her telecoms firm Unitel to take control of Banco BPI's Angolan arm, allowing the Portuguese bank to sidestep risk provisions that could have strained its finances. BPI, which is subject to a takeover bid from Spain's Caixabank, offered on Tuesday to sell a 2 percent stake...

  • NEW YORK— Lennar will spend $643 million to acquire luxury homebuilder WCI Communities Inc., tying up two of the largest home construction companies in Florida as the U.S. real estate market continues to heat up. On Tuesday, Lennar reported a 5 percent jump in third-quarter profit and its revenue continues to rise as it delivers more homes. Lennar also said that...

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernise the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernize the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • Sept 21- General Mills Inc reported a drop in quarterly net sales for the fifth straight quarter, hurt mainly by weak demand for its Yoplait yogurt and Progresso soup and the sale of its Green Giant frozen vegetable business. The maker of Cheerios cereal said net earnings attributable to the company fell to $409 million, or 67 cents per share, in the first quarter...

  • MILAN/ LONDON, Sept 20- Italian oil major Eni has delayed the planned $3.4 billion sale of its domestic retail business, sources said, as political uncertainty caused by an upcoming referendum on democratic reform hinders major deals across the country. The delay in selling the gas and power business, estimated to be worth up to 3 billion euros, follows the...

  • SAN FRANCISCO, Sept 20- Shares of MGT Capital Investments, led by anti-virus software pioneer John McAfee, dropped 21 percent on Tuesday after it said the New York Stock Exchange denied approval of the listing of shares for a planned merger with anti-spyware company D-Vasive Inc.. As part of the deal, MGT said it would issue 43.8 million shares to acquire assets...

  • MILAN/ LONDON, Sept 20- Italian oil major Eni has delayed the planned $3.4 billion sale of its domestic retail business, sources said, as political uncertainty caused by an upcoming referendum on democratic reform hinders major deals across the country. The delay in selling the gas and power business, estimated to be worth up to 3 billion euros, follows the...

  • Sept 20- Todd Combs, one of Warren Buffett's stockpicking deputies at Berkshire Hathaway Inc, has joined the board of JPMorgan Chase& Co, expanding the conglomerate's already deep ties to the financial services industry. Buffett has credited him with triggering Berkshire's largest acquisition, the $32.1 billion takeover in January of aircraft parts maker...

  • Botox-maker Allergan is bulking up its drug pipeline with two acquisitions announced Tuesday, both of which target liver disease. Allergan PLC said it's acquiring Tobira Therapeutics Inc. and two potential liver disease treatments in a deal that could be worth almost $1.7 billion. Shares of Dublin- based Allergan slipped nearly 3 percent, or $6.62, to $238.67.