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Mergers and Acquisitions Acquisitions

  • ZURICH, Feb 8- Swiss pesticides and seeds group Syngenta expects its $43 billion takeover by ChemChina to close in the second quarter of 2017 as it makes progress in winning regulatory approval for the deal, it said on Wednesday. The transaction is important for China, the world's largest agricultural market, which is seeking to secure the food supply for its huge...

  • SEOUL, Feb 7- South Korea's SK Hynix Inc has submitted an initial bid to acquire a stake in Toshiba Corp's memory chip business, a person familiar with the matter told Reuters on Tuesday. Toshiba in January said it would sell a minority stake of less than 20 percent in its memory business to offset multi-billion dollar writedowns stemming from U.S. nuclear power...

  • SEOUL, Feb 7- South Korea's SK Hynix Inc has submitted an initial bid to acquire a stake in Toshiba Corp's memory chip business, a person familiar with the matter told Reuters on Tuesday. The person said it has not been decided how much a stake SK Hynix, the world's No. 2 memory chip maker, will acquire in Toshiba's memory business as the deal is in early stages.

  • A man walks past a Macy's department store in Washington, DC.

    Hudson's Bay Co has made a takeover approach for struggling retailer Macy's Inc, people familiar with the matter said.

  • Feb 3- Hudson's Bay Co has made a takeover approach for struggling retailer Macy's Inc, people familiar with the matter said, trying to push further into the U.S. market where it already owns the Lord& Taylor and Saks Fifth Avenue chains. Macy's, the host of New York's annual Thanksgiving Day parade, is in the midst of a turnaround engineered by Chairman and Chief...

  • Feb 3- Alphabet Inc's Google said on Friday it would sell its satellite imaging business, Terra Bella, to Planet Labs, a San Francisco- based private satellite operator founded by former NASA scientists. As part of the deal, Planet Labs will acquire the Terra Bella business including the SkySat constellation of satellites, Alphabet said. http://bit.ly/2kqmTfL.

  • Feb 3- Hudson's Bay Co has made a takeover approach for retailer Macy's Inc, which has struggled with a turnaround, people familiar with the matter said, as the owner of the Lord& Taylor and Saks Fifth Avenue chains tries to push further into the U.S. market. Shares of Macy's, which had a market value of about $9.4 billion as of Thursday's close, rose 7 percent to $32.81 in...

  • SAO PAULO, Feb 3- A Brazilian merger creating the world's largest for-profit education company could hamper competition and lead to higher costs for consumers, antitrust agency Cade said on Friday. The agency's preliminary finding was contained in a report by its economic studies department, which gauged the impact of the proposed takeover of Estácio...

  • HELSINKI, Feb 2- Finnish network equipment maker Nokia reported its quarterly profits fell less than expected, helped by cost cuts and the acquisition of Alcatel-Lucent, and said the tough global market was starting to stabilise. Nokia and its rivals, Sweden's Ericsson and China's Huawei, have struggled lately as telecom operators' demand for faster 4 G mobile...

  • *Includes Dow Chemical's EAA business in U.S., Spain. SEOUL, Feb 2- South Korea's SK Innovation said on Thursday it will acquire Dow Chemical Co's ethylene acrylic acid business for $370 million, a move that will expand its range of high value-added chemical products. The acquisition, made through its unit SK Global Chemical Co Ltd, will include Dow Chemical's EAA...

  • NEW YORK, Feb 1- BlackRock Inc is pushing further into the private infrastructure market with an agreement to buy First Reserve Corp's Energy Infrastructure Funds unit. The 37- member energy infrastructure team at First Reserve, which manages $3.7 billion in two funds, will join BlackRock, the New York- based asset manager said in a statement on Wednesday.

  • Jan 30- Keysight Technologies Inc, a provider of software and equipment to the electronics industry, said on Monday it would buy U.S. data technology company Ixia for about $1.6 billion in cash in a bid to increase its software and security portfolio. Ixia would be its largest acquisition since it bought Britain's Anite Plc, a company that tests handsets and...

  • SAO PAULO, Jan 27- Brazilian petrochemical company Braskem SA agreed to buy a controlling stake in environmental services company Cetrel SA for 610 million reais from Odebrecht Utilities SA, Braskem said on Friday in a securities filing. Odebrecht Utilities is an arm of Brazilian engineering group Odebrecht SA, which is ensnared in the country's...

  • MILAN, Jan 27- European shares pulled back on Friday with UBS dragging bank stocks lower after posting a drop in full-year profit, while Britain's biggest supermarket Tesco surged after a 3.7 billion-pound takeover deal to buy a supplier. The pan-European STOXX 600 index was down 0.3 percent at its close, while the UK's FTSE 100 rose 0.3 percent, supported by...

  • MILAN, Jan 27 (Reuters)- European shares pulled back on Friday with UBS dragging bank stocks lower after posting a drop in full-year profit, while Britain's biggest supermarket Tesco surged after a 3.7 billion-pound takeover of a supplier. The pan-European STOXX 600 index was down 0.5 percent while UK's FTSE was flat, supported by Tesco, which rose 8.4 percent...

  • Jan 26- Digital Bridge Holdings LLC, a firm that invests in data centers, has agreed to acquire Vantage Data Centers Management Co LLC from buyout firm Silver Lake Partners for well over $1 billion, including debt, people familiar with the matter said on Thursday. Vantage Data Centers, based in Santa Clara, California, was formed in 2010 when Silver Lake acquired a...

  • LONDON/ MILAN, Jan 26- European shares held around one-year highs on Thursday, supported by mergers and acquisitions-related optimism, with Johnson& Johnson's $30 billion deal to buy Actelion lifting shares in the Swiss biotech firm. "We are likely to see more of such deals as many companies that want to merge or acquire other firms could use the current low bond...

  • LONDON, Jan 26- Advisers could pocket up to $100 million in fees from Johnson& Johnson's $30 billion acquisition of Swiss biotech firm Actelion, the largest takeover of a European healthcare business in more than a decade. Four investment banks will share the advisory pot; J&J could cough up $30- $40 million in fees to its advisers, Lazard and Citi, while Actelion is...

  • *U.S. hedge fund manager Dan Och another big winner. ZURICH, Jan 26- The 70- year-old son of a Swiss butcher is among the biggest beneficiaries of Johnson& Johnson's $30 billion takeover of Actelion, Europe's biggest biotech company. Other winners include BlackRock, which according to a SIX Swiss Exchange filing from December owns 5.2 percent of Actelion, and...

  • LONDON, Jan 26- European shares climbed to a one-year high on Thursday, supported by mergers and acquisitions-related optimism, with Johnson& Johnson's $30 billion deal to buy Actelion lifting shares in the Swiss biotech firm. "We are likely to see more of such deals as many companies that want to merge or acquire other firms could use the current low bond yield...