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Mergers and Acquisitions Acquisitions

  • A woman holds a jar of Vegemite during a picnic breakfast on the Sydney Harbour Bridge, Australia.

    Bega Cheese shares jumped 13% after the company announced acquisition of Vegemite and other brands from Mondelez International.

  • Jan 18- Former Canadian Pacific Chief Executive Hunter Harrison is in advanced talks to team up with former Pershing Square Capital partner Paul Hilal to acquire activist stake in rival railroad CSX Corp, according to a person familiar with the matter. Hilal, who had left William Ackman's Pershing Square Capital Management LP last year, has raised more than $1...

  • LONDON, Jan 18- Britain's competition watchdog said on Wednesday that Mastercard has proposed a series of measures that should alleviate its concerns about the credit card giant's takeover of payments processing company VocaLink. The Competition and Markets Authority said earlier this month that it was worried the deal could lead to the combined group...

  • WASHINGTON, Jan 17- Danaher Corp co-founder Mitchell Rales agreed to pay $720,000 to settle allegations that he failed to report stock purchases to the government so that they could be vetted to determine if they violate antitrust law, antitrust enforcers said on Tuesday. The Federal Trade Commission also reached a settlement with hedge fund founder Ahmet...

  • Susan M. Cameron

    The deal hit the "sweet spot" that benefits shareholders on both sides, Reynolds American Executive Chairman Susan Cameron says.

  • Confident Syngenta and ChemChina will finish deal: CEO

    Syngenta CEO Erik Fyrwald discusses his upcoming deal with ChemChina.

  • Baker McKenzie: Cloud of uncertainty over investment

    Tim Gee, M&A partner at Baker McKenzie, gives his forecasts for the mergers and acquisitions space in 2017, despite uncertainty surrounding politics.

  • Jan 12- Oil and gas producer WPX Energy Inc said it would buy assets in the Delaware basin for $775 million, the latest company to bolster its position in the oil-rich Permian region. The Delaware basin is located in the larger Permian basin, which is located in West Texas and the adjoining area of southeastern New Mexico. WPX is buying the assets from Panther Energy...

  • PARIS, Jan 12- French animal health company Neovia has entered exclusive negotiations to buy a majority stake in Chinese pet food maker Sanpo, as it anticipates rapid growth in consumer spending on pets in China. Neovia has already invested in pet food activities in emerging economies such as Brazil and Mexico, and sees high potential in China where pet food...

  • Jan 12- Private equity firm CVC Capital Partners Ltd is in advanced talks to acquire MSC Software Corp, a U.S. company that makes simulation computer programs, for more than $800 million, including debt, according to people familiar with the matter. A successful deal would vindicate the buyout strategy of activist hedge fund Elliott Management Corp, which pushed...

  • PARIS, Jan 11- France will buy out minority shareholders in Areva and delist the troubled nuclear group, the government said on Wednesday as talks with potential investors in a new nuclear fuel company being spun out of Areva neared a conclusion. The state, which owns 87 percent of Areva, said it would offer 4.5 euros per Areva SA share to minority investors which...

  • 2017 could be record year for both deal volume and value: EU

    Steve Krouskos, global vice chair of transactions advisory services at EY, explains that CEOs are "future-proofing their business."

  • MONTREAL/ NEW YORK Jan 10- American Apparel LLC's made-in-the-U.S. heritage is uncertain after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. American Apparel had insisted in the weeks leading up to its bankruptcy and auction that any deal would keep its manufacturing...

  • SAO PAULO, Jan 10- GTM Holdings SA, Latin America's No. 1 independent distributor of chemical products, has agreed to pay 550 million reais for Brazilian peer quantiQ Distribuidora Ltda, in an effort to gain more foothold in the region's biggest country. Under terms of the deal, GTM Holdings, which is owned by private equity firm Advent International Corp, will pay...

  • MONTREAL/ NEW YORK Jan 10- American Apparel LLC's made-in-the U.S. heritage is uncertain, after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. Gildan, which has yarn-spinning and distribution facilities in the United States and is the largest domestic consumer of...

  • Yahoo! President and CEO Marissa Mayer delivers a keynote during the Yahoo Mobile Developers Conference on February 18, 2016 at The Masonic in San Francisco, California.

    CNBC's Landon Dowdy reports Yahoo CEO Marissa Mayer is stepping down from the board along with five other directors, and changing the company name to Altaba.

  • Jan 9- Candy and pet food conglomerate Mars Inc is buying veterinary hospital operator VCA Inc for $7.7 billion in a deal that will give the maker of Pedigree pet food an even bigger share of the $4 billion global pet healthcare market. McLean, Virginia- based Mars is already the biggest pet food company in the world- it held a quarter of the $71.77 billion global pet...

  • Jan 9- Mars Inc is buying pet hospital operator VCA Inc for $7.7 billion in a deal that will tighten the Whiskas and Pedigree pet food maker's grip on the pet care market. The combination of Mars Petcare and VCA will dominate the veterinary care industry in the United States, grabbing an even bigger share of the nearly $4 billion global pet care market.

  • Jan 9- Candy and pet food maker Mars Inc said it would buy VCA Inc, which runs hospitals for animals, for $7.7 billion. Mars, the maker of Whiskas and Pedigree pet products, will pay $93 per share, a premium of 31.4 percent to VCA's Friday closing price. The enterprise value of the deal is $9.1 billion including $1.4 billion in debt, the companies said in a statement on...

  • NEW DELHI, Jan 6- A subsidiary of China's top carmaker SAIC Motor Corp plans to acquire certain General Motors manufacturing assets in India, a filing with the country's competition watchdog showed on Friday. As part of a side deal, General Motors also plans to buy out SAIC's 9.2 percent stake in SAIC General Motors Investment- a joint venture it formed with the...