GO
Loading...

Enter multiple symbols separated by commas

Mergers and Acquisitions Acquisitions

More

  • Private equity pioneer Kohlberg dies at age 90 Saturday, 1 Aug 2015 | 2:07 PM ET
    The New York Stock Exchange

    Jerome Kohlberg Jr., the veteran financier who pioneered leveraged-buyouts, died on Thursday at his home in Martha's Vineyard. He was 90.

  • Yahoo buys fashion website Polyvore Friday, 31 Jul 2015 | 6:24 PM ET

    July 31- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings. Yahoo, which did not disclose terms of the deal, said Polyvore will accelerate its' Mavens' growth strategy. Polyvore's co-founder and CEO Jess Lee was earlier part of Google Inc's associate manager program, which...

  • Good Housekeeping magazine once dubbed the service a "fashionista's playground." The results have been lackluster so far, barely budging Yahoo's revenue. The acquisition, which hasn't closed yet, will mark a homecoming for three of Polyvore's co-founders, Jianing Hu, Guangwei Yuan and Pasha Sadri.

  • EU to probe FedEx takeover of Dutch rival TNT Friday, 31 Jul 2015 | 9:38 AM ET

    BRUSSELS— The European Union is opening an in-depth probe into whether FedEx's proposed $4.9 billion takeover of Dutch company TNT would strangle competition in the massive market for small package deliveries. EU Antitrust chief Margrethe Vestager said Friday she had to "make sure that FedEx's takeover of TNT would not impede effective competition and...

  • UPS buying Coyote Logistics for $1.8 billion Friday, 31 Jul 2015 | 9:33 AM ET

    ATLANTA— UPS will spend $1.8 billion to acquire Coyote Logistics as it maneuvers for a slice of the burgeoning freight brokerage business. The Chicago company will become a UPS subsidiary and continue to be headed by Jeff Silver. The Atlanta company anticipates the transaction could result in $100 million to $150 million in annual operating savings.

  • DUBLIN, July 31- Irish aircraft leasing firm Avolon said on Friday it was considering an unsolicited takeover bid of $31 per share from China's Bohai Leasing Co Ltd, which would value the firm at over $2.5 billion. Bohai, which earlier this month agreed to buy 20 percent of U.S.-listed Avolon for $429 million, was informed of the unsolicited offer and made its own...

  • BNP Paribas CFO: Rise in cost of risk due to M&A Friday, 31 Jul 2015 | 1:00 AM ET
    BNP Paribas CFO: Rise in cost of risk due to M&A

    Lars Machenil, CFO of BNP Paribas, discusses the company's second quarter earnings and explains why the cost of risk has increased.

  • If it acquires K+ S, Potash Corp, the world's biggest fertilizer producer, would finish building K+ S's Saskatchewan mine and operate it, selling its potash offshore through its Canpotex marketing arm, Chief Executive Jochen Tilk said during a conference call. Potash Corp said it intends to talk with K+ S management, despite K+ S's rejection this month of Potash...

  • July 30- European private equity firm PAI Partners said on Thursday it had agreed to sell Swissport International to China's HNA Group, a deal that will help the Swiss air cargo handler broaden its reach in Asia. HNA Group, the owner of China's Hainan Airlines, will pay 2.7 billion Swiss francs for Zurich- based Swissport. "The acquisition by HNA will enable the...

  • *HollyFrontier shares surge, Tesoro falls. July 30- Tesoro Corp held talks to buy smaller rival oil refiner HollyFrontier Corp earlier this year in a bid to join the top echelons of the competitive U.S. refining industry, according to people familiar with the matter. The sources did not disclose Tesoro's offer price for HollyFrontier, which has a market...

  • Ahead of the Bell: Depomed rejects Horizon offer Thursday, 30 Jul 2015 | 6:43 AM ET

    NEW YORK— Depomed Inc's board of directors has rejected Horizon Pharma PLC's latest buyout offer. A week prior, Depomed rejected the initial offer and adopted a "poison pill" plan to try and stave off the hostile takeover offer. Newark, California- based Depomed has a portfolio that includes the migraine drug Cambia and the painkiller Nucynta ER.

  • PARIS/ HELSINKI, July 30- Shares in telecom network gear makers Nokia and Alcatel-Lucent jumped on Thursday after both posted strong second-quarter results, giving a positive signal ahead of their pending merger. Nokia's 15.6 billion euro acquisition of Alcatel-Lucent announced in mid-April aims to position the company to better compete with market...

  • LONDON, July 30- AstraZeneca revenue fell by a smaller-than-expected 7 percent in the second quarter, as income from spinning off assets offset generic competition to older medicines and a strong dollar. Chief Executive Pascal Soriot, who fended off a $118 billion takeover attempt by Pfizer last year, is banking on a promising pipeline of new drugs-...

  • July 29- PartnerRe Ltd, the reinsurance company that has a $6.6 billion merger agreement with Axis Capital Holdings, is now willing to negotiate a new deal with rival suitor Exor SpA, according to people familiar with the matter. This would be the first time that Bermuda- based PartnerRe negotiates a potential merger with Exor since the Italian investment...

  • FRANKFURT, July 29- Germany's HeidelbergCement has re-emerged as a global M&A player with the 6.7 billion-euro takeover of Italcementi, after spending the best part of a decade repairing the damage from its last major acquisition. But on Tuesday night, the firm announced an agreement to buy 45 percent of Italcementi for 1.67 billion euros and bid for the rest,...

  • Jarden CEO: Don't need deals to make our numbers Wednesday, 29 Jul 2015 | 10:44 AM ET
    Jarden CEO: Don't need deals to make our numbers

    Jarden Corp. CEO James Lillie, discusses the company's growth strategy after the acquisition of disposable cutlery maker Waddington, and the state of the consumer.

  • LONDON, July 29- British investor Neil Woodford is backing a start-up biopharmaceutical firm whose first venture will be to launch clinical trials of three drugs developed by Novartis. It said has raised $119 million from Woodford Investment and Invesco Perpetual among others, and has acquired drug programmes from Novartis for the treatment of brittle bone...

  • Belgium's Solvay to buy US Cytec for $5.5 billion Wednesday, 29 Jul 2015 | 4:55 AM ET

    BRUSSELS— Belgium's chemical group Solvay has announced it will buy U.S.-based Cytec for $5.5 billion, making it the second biggest company in the aerospace composite materials market. In Wednesday's announcement, CEO Jean-Pierre Clamadieu said that the proposed acquisition "marks a major step change in Solvay's portfolio upgrade" to expand into the...

  • FRANKFURT, July 28- German drugs packaging firm Gerresheimer has agreed to buy U.S. plastic vial maker Centor for $725 million in cash, giving it a leading position in the world's biggest drugs market and lifting its shares to an all-time high. Shares in Gerresheimer jumped more than 15 percent to 65.33 euros, valuing the company at 2.05 billion euros.

  • Reynolds American beats 2Q profit forecasts Tuesday, 28 Jul 2015 | 7:34 AM ET

    WINSTON SALEM, N.C.— Reynolds American reported a surge in second-quarter profit with cigarette prices and volume rising. Earnings, adjusted for non-recurring gains, came to $1.02 per share, which was still 8 cents better than analysts had expected, according to a poll by Zacks Investment Research. It recently closed on a $25 billion takeover of Newport seller...