Mergers and Acquisitions Acquisitions

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  • The cash consideration of the deal will be increased by 1.75 billion euros, replacing the earn-out option, following feedback from the European Commission, the company said on Thursday. Visa agreed to acquire its former subsidiary Visa Europe Ltd last year, in a deal valued at up to $23.3 billion. The company's net income rose 10 percent to $1.71 billion, or 71...

  • BRUSSELS, April 21- Warner Music Group and independent labels have urged EU regulators to fight Sony Corp's bid to buy out Michael Jackson's stake in its music publishing joint venture, saying the move gives Sony too much power. Sony last month signed a deal to acquire the stake that deceased pop star held in Sony/ATV Music Publishing, the world's largest music...

  • April 20- Conforama has increased its cash offer for shares in electronics retailer Darty Plc it does not already own to 138 pence per share, Conforama's parent company said on Wednesday. Earlier in March, Steinhoff, through French-based unit Conforama, offered 673 million pounds in an all-cash deal to acquire Darty, trumping a competing takeover bid from a...

  • LONDON/ MADRID, April 20- Ck Hutchison Holdings will not offer EU regulators further concessions to secure a takeover of Telefonica's O2 and is ready to challenge a rejection of its bid, sources familiar with the matter said. The Hong-Kong- based group still hopes to persuade the European Commission to allow its 10.3 billion pound bid to become Britain's biggest...

  • LONDON/ MADRID, April 20- Ck Hutchison Holdings will not offer EU regulators further concessions to secure a takeover of Telefonica's O2 and is ready to challenge a rejection of its bid in court, sources familiar with the matter said. The Hong-Kong- based group still hopes to persuade the European Commission of the merits of its 10.3 billion pound attempt to...

  • April 20- The parent of Britain's Daily Mail said on Wednesday that it had not submitted a bid to acquire Yahoo Inc's core Internet business, but it was in talks with others who could potentially be interested in an acquisition. Verizon Communications Inc was set to advance to the second stage of bidding for Yahoo's core assets, as the U.S. internet company went...

  • ABB reports lower profits

    Ulrich Spiesshofer, CEO of ABB, discusses the company's first-quarter profits and comments on speculation about plans to sell its power grid business.

  • NEW YORK, April 18- U.S. pipeline company Energy Transfer Equity said on Monday its lawyers may not be able to deliver an important tax opinion for its takeover of peer Williams Cos Inc, throwing the agreed $14 billion acquisition into doubt. Energy Transfer rose 12.4 percent on the news, as investors bet that the company may now have a way to get out of a deal that...

  • Cerberus Capital Management LP- controlled YP could merge with a spun-off unit of Yahoo's core business, a tax-free transaction called a Reverse Morris Trust, Bloomberg reported on Monday, citing people familiar with the matter. Cerberus holds 53 percent of YP, while AT&T Inc owns the remaining 47 percent, and if YP acquires Yahoo, AT&T could end up buying part of...

  • NEW YORK, April 18- U.S. pipeline company Energy Transfer Equity said on Monday its lawyers may not be able to deliver a tax opinion for its takeover of rival Williams Cos Inc, and the two companies are in talks on the impact this could have on the closing of the deal.

  • Yahoo takeover Verizon's to lose: Re/code's Lee

    Edmund Lee, Re/code managing editor, weighs in on possible suitors for Yahoo and Marissa Mayer's legacy.

  • Executive Edge: Yahoo bidders

    Anthony DiClemente, Nomura internet analyst, discusses potential suitors for Yahoo and why it makes sense for Verizon to make a bid. Also a look at Marissa Mayer's legacy.

  • AstraZeneca has held internal talks about a bid for cancer treatment maker Medivation but has yet to make a formal offer, the Sunday Times reported.

  • Verizon tops Yahoo's suitors as deadline loom

    Victor Anthony, Axiom Capital Management, weighs in on who's bidding for Yahoo's core web business and Asian assets and why it makes sense to sell of the entire piece.

  • April 17- Drugmaker AstraZeneca Plc has held internal talks about a bid for cancer treatment maker Medivation Inc but has yet to make a formal offer, the Sunday Times reported, citing sources. San Francisco based-Medivation, which has a market capitalization of $8.4 billion, focuses on cancer treatment drugs. Less than a week ago, the company rebuffed a takeover...

  • April 17- Drugmaker AstraZeneca Plc has held internal talks about a bid for Medivation Inc but has yet to make a formal offer, the Sunday Times reported, citing sources. San Francisco based-Medivation, which has a market capitalization of $8.4 billion, focuses on cancer treatment drugs. The company, less than a week ago, rebuffed a takeover bid from French...

  • LONDON, April 15- Chinese conglomerate HNA Group has agreed to buy British bureau-de-change operator International Currency Exchange, the companies said on Friday, the latest takeover in a European investment spree aimed at expanding its business outside Asia. The acquisitive Global Fortune 500 company, which secured an all-cash $1.5 billion purchase of...

  • *Mitel CEO Richard McBee to lead combined co. April 15- Mitel Networks Corp said on Friday it would buy fellow voice and telephony gear maker Polycom Inc for about $1.96 billion in cash and stock, satisfying a demand from activist investor Elliott Management. Polycom stockholders will get $3.12 in cash and 1.31 Mitel shares for each of their shares, or $13.68 based...

  • April 15- Mitel Networks Corp said on Friday it would buy fellow voice and telephony gear maker Polycom Inc for about $1.96 billion in cash and stock, satisfying a demand from hedge fund Elliott Management. Polycom stockholders will get $3.12 in cash and 1.31 Mitel shares for each of their shares, or $13.68 based on the closing price of a Mitel common share on April...

  • JOHANNESBURG, April 14- Anheuser-Busch InBev will invest 1 billion rand to support small South African farmers as part of concessions agreed with the government to secure regulatory approval for its $100 billion- plus takeover of SABMiller, it said on Thursday. The world's biggest brewer said the concessions, which also include a five-year freeze on layoffs,...