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Mergers and Acquisitions Acquisitions

  • HOUSTON, June 28- Halliburton Co is in late-stage talks to acquire a fast-growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter. Houston- based Halliburton has set its sights on Summit ESP Inc, said the sources, who spoke in recent days. Tulsa, Oklahoma- based Summit...

  • AMSTERDAM, June 28- Dutch healthcare company Philips has agreed to buy U.S.-based Spectranetics Corp, a maker of devices to treat heart disease, for 1.9 billion euros including debt, as it expands its image-guided therapy business. Philips will pay Spectranetics shareholders $38.50 per share, a 27 percent premium to their closing price on June 27.

  • ROME, June 27- Ryanair would seek a majority stake in Alitalia if it decides to invest in the loss-making Italian airline, its chief executive said during a visit to Rome on Tuesday. "In case of an acquisition, we would be interested in a majority stake, not a minority one," Ryanair CEO Michael O'Leary told journalists during a news conference in Rome.

  • BASEL, June 27- Switzerland's Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover of Monsanto. "We are very interested in seed assets from remedies and beyond that," Chief Executive Erik Fyrwald told a news conference at...

  • A customer holds a 100 Yuan note at a market in Beijing.

    China’s government and companies are “rationalizing” their use of debt, said Eugene Qian, chairman of UBS’ China strategy board.

  • A probe into several of China's largest overseas asset buyers is a healthy sign that regulators are getting on top of things, an investor said.

  • NEW YORK, June 26- Hedge fund firm P. Schoenfeld Asset Management has bought a minority stake in CdR Capital, the two investment managers said in a statement on Monday. P. Schoenfeld, the $2.2 billion New York and London- based firm known as PSAM and led by Peter Schoenfeld, specializes in more traditional research-based investing as part of its core strategy of...

  • Noble Group

    Fitch downgraded Noble, as poor liquidity and weak profitability continue to hinder the turnaround of the struggling commodities trader.

  • Russian billionaire Mikhail Fridman's fund L1 Retail has agreed to buy health food chain Holland & Barrett for about 1.8 billion pounds, Reuters reported citing an unnamed source.

    Russian billionaire Fridman's fund L1 Retail has agreed to buy Holland & Barrett for about $2.3 billion, according to a source.

  • PARIS, June 23- Zodiac Aerospace aims to have its problems with delays in deliveries and the quality of products fixed in September, before the planned merger with Safran, the chairman of its executive board Yann DelabriEere told Les Echos newspaper. Zodiac's board has accepted a 15 percent cut in a takeover offer from aero engine maker Safran to create the...

  • KUALA LUMPUR, Malaysia— The Chinese owner of Sweden's Volvo Cars will inject $40 million into Malaysia's Proton as part of its purchase of a key stake in the automaker, an executive of the Malaysian company said Friday. Geely will bring its Boyue SUV platform, estimated to cost 290 million ringgit to Malaysia as part of its acquisition, DRB-HICOM group managing...

  • Warren Buffett

    Warren Buffett's Midas touch just gave this Canadian company's stock a 10% boost. And, he made a cool 65% profit in the process, writes Breakingviews' Tom Buerkle.

  • June 21- Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion. Framingham, Massachusetts- based Staples and New York- based Sycamore declined to comment. Staples has 1,255 stores in the...

  • June 21- Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion. Framingham, Massachusetts- based Staples and New York- based Sycamore declined to comment. Staples has 1,255 stores in the...

  • June 21- Clinical researcher and pharmaceutical market data specialist Quintiles IMS Holdings Inc is exploring a sale of its contract sales business that could value it at as much as $1 billion, according to people familiar with the matter. The sale process comes as Quintiles IMS seeks to prune some of its non-core businesses in the wake of the $17.6 billion...

  • *Buyout funds, India's Bajaj Auto also seen preparing bids. LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna,...

  • Casey Stoner of Ducati Racing Team in action in Sepang, Malaysia.

    U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati.

  • Uber Investor: Kalanick Resignation 'Long Overdue'

    Steve Vassallo, Foundation Capital General Partner discusses why Apple should consider buying Netflix.

  • LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna, Ducati is on the wish list of private equity funds KKR, Bain...

  • TOKYO— Money-losing Toshiba Corp. said Wednesday that it has chosen a U.S.- Japan consortium as the preferred bidder in the sale of its lucrative memory chip business, but hurdles remain as an American joint-venture partner is opposing the move. Tokyo- based Toshiba said the board of directors selected the bid, totaling about 2 trillion yen, from the consortium...