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Mergers and Acquisitions Acquisitions

  • *Hillhouse, CDH-led group offers HK $6.30/ share in Belle. HONG KONG, April 28- A consortium led by private equity firms Hillhouse Capital Group and CDH Investments offered on Friday to buy Belle International Holdings Ltd in a deal valuing the entire Hong Kong- listed shoe retailer at about $6.8 billion. Hillhouse and CDH joined with Yu Wu and Sheng Fang, directors...

  • BONN, April 28- Bayer's chief executive acknowledged on Friday that he will face an uphill battle to improve Monsanto's reputation once Bayer completes the takeover of the U.S. seeds and agrochemicals company. "Monsantos image does of course represent a major challenge for us, and its not an aspect I wish to play down," Werner Baumann told shareholders at Bayer's...

  • BEIJING, April 27- Didi Chuxing, China's top ride-hailing firm, is set to raise up to $6 billion with a fresh injection of capital from investors including Softbank Group Corp, valuing the company at over $50 billion, sources said. The last valuation for Didi was $34 billion in August when it agreed to acquire Uber Technology Inc's China business following a...

  • SAN FRANCISCO, April 26- European ride service Gett has bought U.S. rival Juno for $200 million in a deal that further consolidated the ride-hailing industry and that some said short-changed Juno drivers. Gett, an on-demand ride service that is a partner of automaker Volkswagen, said on Wednesday it had bought New York- based startup Juno. Juno operates only in New...

  • MADRID, April 26- Spanish infrastructure group Abertis reported a rise in first-quarter core earnings on Wednesday, boosted by higher traffic and new operating concessions in countries including Italy, where it is being eyed as a takeover target by rival Atlantia. Abertis said first-quarter earnings had been driven by a 2.3 percent rise in traffic on its...

  • Cramer Remix: Why a cereal company and health care play have more in common than you think

    Jim Cramer addressed acquisitions by Post Holdings and Cardinal Health that Wall Street seems to have missed.

  • Jim Cramer on Mad Money.

    Jim Cramer addressed acquisitions by Post Holdings and Cardinal Health that Wall Street seems to have missed.

  • The oilfield services provider on Tuesday reported a bigger-than-expected loss and said growth in its well construction business onshore North America was more than offset by increased competition for pressure pumping services and reduced customer spending in the Gulf of Mexico. The Houston, Texas- based company, which is being acquired by General...

  • The oilfield services provider on Tuesday reported a bigger-than-expected loss and said growth in its well construction business onshore North America was more than offset by increased competition for pressure pumping services and reduced customer spending in the Gulf of Mexico. The company, which is being acquired by General Electric Co, said quarterly...

  • *Agreed Akorn bid of $34 per share. FRANKFURT, April 24- German healthcare conglomerate Fresenius SE& Co KGaA revved up the pace of its deals by acquiring U.S. generic drugmaker Akorn Inc for $4.75 billion, and in a separate agreement, the biosimilars unit of German peer Merck KGaA. A lot has been done in that area in the recent past, "Fresenius Chief Executive Stephan...

  • April 24- German healthcare conglomerate Fresenius SE& Co KGaA is close to acquiring generic drugmaker Akorn Inc in an all-cash deal valuing the company at more than $4 billion, people familiar with the matter said on Monday. The deal values Akorn in the region of $33 to $35 per share, said the sources. Akorn shares were hovering around $32 on Monday afternoon in New...

  • The combination, which will have a pro-forma market value of $4.2 billion and an enterprise value of $7 billion, will own 160 hotels in 26 states and the District of Columbia, across brands including Marriott, Hilton, Hyatt and Wyndham. Based on the RLJ's Friday closing, the offer values FelCor at $1.18 billion, or $8.54 per share, representing a premium of 16.7...

  • DUBAI, United Arab Emirates— Aircraft leasing company Dubai Aerospace Enterprise has agreed to buy rival AWAS, more than tripling the size of its fleet. DAE said Monday it agreed to buy the Dublin- based company from funds managed by its shareholders, Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. DAE is majority-owned by the Dubai...

  • The U.S. paintmaker that is pursuing a takeover of Akzo Nobel increased its proposed cash and share offer.

  • April 24- RLJ Lodging Trust said on Monday it agreed to buy FelCor Lodging Trust Inc in a deal that would make it the third-biggest U.S. lodging real estate investment trust. The combination, which will have a pro-forma market value of $4.2 billion, will own 160 hotels in 26 states and the District of Columbia, across brands including Marriott, Hilton, Hyatt and...

  • Geopolitics not primary concern for dealmakers: EY

    Steve Krouskos, global vice-chair of transaction advisory services at EY, talks about the renewed optimism seen in deal-making during 2017. Added comment on political influence.

  • TORONTO, April 21- Canada's main stock index ended barely lower on Friday as bank stocks pulled back with lower bond yields after weak inflation data and energy stocks shrugged off an oil slide to notch gains while SNC-Lavalin Group Inc rose on an acquisition move. The Toronto Stock Exchange's S&P/TSX composite index ended down 11.08 points, or 0.07 percent, at...

  • April 21- Aircraft component maker Rockwell Collins Inc raised its fiscal-year revenue forecast but cut its profit outlook as it incorporated the acquisition of aircraft interiors maker B/E Aerospace into its results. Rockwell said it expected revenue of $6.7 billion to $6.8 billion for the year ending on Sept. 30 to reflect B/E Aerospace's results.

  • Chris Christie is taking a victory lap in Atlantic City, saying his hard-fought takeover of the struggling gambling resort is starting to pay off with projects like a new university campus and a major casino investment. But the national head of the NAACP and local officials of the civil rights organization are wary of the state's intentions and are...

  • OSLO, April 20- A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen's Frontline to prevent BW Group from acquiring a major stake in rival oil tanker firm DHT Holdings, DHT said on Thursday. The New York County Supreme Court's decision means that privately-owned BW Group, led by shipping tycoon Andreas Sohmen Pao, can proceed...