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Mergers and Acquisitions Acquisitions

  • *Euro Disney defends terms of Walt Disney takeover. LONDON/ PARIS, March 14- An activist hedge fund has criticised plans by Walt Disney to take full control of debt-laden Paris theme park operator Euro Disney, according to a letter seen by Reuters. Paris- based CIAM, which owns 1.4 percent of Euro Disney shares, has written to the board of the French company to object to...

  • March 14- Luxury fashion retailer Neiman Marcus Group Ltd LLC said on Tuesday that it was exploring strategic alternatives, including changes to its capital structure or a sale of the company, as it seeks relief from its swelling debt pile. Hudson's Bay Co, owner of the Lord& Taylor and Saks Fifth Avenue retail chains, is in exploratory talks about acquiring Neiman...

  • *Euro Disney defends terms of Walt Disney takeover. LONDON/ PARIS, March 14- An activist hedge fund has said it objects to plans by Walt Disney to take full control of debt-laden Paris theme park operator Euro Disney, according to a letter seen by Reuters. Paris- based CIAM, which owns 1.4 percent of Euro Disney shares, has written to the board of the French company to...

  • It now has a market capitalization of $13.2 billion. However, one buyout firm that is still interested in an acquisition of Citrix is Thoma Bravo LLC, the people added. Bloomberg News first reported earlier on Monday that Citrix was working with Goldman Sachs to explore a sale.

  • SAO PAULO, March 13- Brazilian meatpacker and food processor JBS SA on Monday said it reached an agreement to acquire U.S.-based ham and bacon producer Plumrose USA for $230 million, according to a securities filing. The Brazilian company said the deal includes five prepared foods plants located in Indiana, Iowa, Mississippi and Vermont and two distribution...

  • It now has a market capitalization of $13.2 billion. However, one buyout firm that is still interested in an acquisition of Citrix is Thoma Bravo LLC, the people added. Bloomberg News first reported earlier on Monday that Citrix was working with Goldman Sachs to explore a sale.

  • *Intel offers $63.54 per share in cash. JERUSALEM, March 13- U.S. chipmaker Intel agreed to buy Israeli driverless car-technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the fast-moving autonomous-driving sector. The $63.54- per-share cash deal marks the largest purchase of a company solely focused on the...

  • *Intel offers $63.54 per share in cash. JERUSALEM, March 13- U.S. chipmaker Intel agreed to buy driverless car-technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54- per-share cash deal marks the largest purchase of a company solely...

  • JERUSALEM, March 13- U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel's history and the largest purchase of a company...

  • Intel's MobilEye buy a 'fabulous deal': Cramer

    The "Squawk on the Street" crew talk about Intel's $15 billion acquisition of MobilEye and why the autonomous car space is the place to be.

  • CNBC's Jon Fortt reports the latest details on Intel's acquisition of MobilEye in deal worth about $15.3 billion.

  • Part of the Mobileye driving assist system is seen on the dashboard of a vehicle during a demonstration for the media in Jerusalem.

    The "Squawk Box" crew discusses news of the imminent takeover deal which has not yet been confirmed.

  • Lot of enthusiasm for

    CNBC's Gemma Acton discusses news that Wood Group has offered to buy Amec Foster Wheeler for £2.2 billion.

  • M&A talk is ‘healthy sign in the market’: Pro

    Julian Howard, head of multi-asset solutions at GAM, discusses recent M&A talk in the market and what this means for making money out of deals.

  • New details of CEFC's attempts to buy a refinery in China come less than three weeks after the little-known Shanghai- based firm announced its first major upstream oil investment, a $900 million deal for a 4 percent stake in an Abu Dhabi oilfield. Chairman Ye Jianmin told a board meeting last July that CEFC aims to become a second Sinopec- China's second-biggest...

  • FRANKFURT/ HONG KONG, March 9- China's Shanghai Fosun Pharmaceutical is planning a bid for German generic drugmaker Stada, already the centre of a 3.6 billion euro takeover battle between two private equity consortia, two people close to the matter said. Fosun Pharma is also holding early-stage talks with buyout funds including CVC about a potential joint bid,...

  • March 8- Canadian auto parts maker Linamar Corp on Wednesday reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet SA last year. Net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • SAO PAULO, March 8- U.S. buyout firm Advent International Corp has acquired a minority stake in Brazilian online broker Easynvest for an undisclosed sum, the companies said in a statement on Wednesday. Advent is betting on an expected increase in the use of online trading platforms in Brazil, with younger professionals more willing to invest part of their...

  • March 8- Canadian auto parts maker Linamar Corp reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet S.A last year. The company's net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • PARIS, March 8- French waste and water group Suez and Canadian fund Caisse de dépôt et placement du Québec will buy GE Water from General Electric for an enterprise value of 3.2 billion euros, Suez said in a statement. The industrial water market is worth about 95 billion euros globally and grows by about 5 percent per year, he said. It said its main shareholders,...