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Mergers and Acquisitions Acquisitions

  • *Follows $1.3 bln accounts scandal, $2 bln charge for nuclear biz. TOKYO/ NEW YORK, Dec 27- Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power plant construction company acquisition, sending its stock tumbling 12 percent and rekindling concerns about its accounting acumen. Toshiba's latest writedown would be...

  • *Follows $1.3 bln accounts scandal, $2 bln charge for nuclear biz. TOKYO, Dec 27- Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen. Such a hit would be another slap in the face for a sprawling...

  • TOKYO, Dec 27- Toshiba Corp said it may have to book several billion dollars in losses related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen. Big losses would be another slap in the face for a sprawling conglomerate hoping to recover from a $1.3 billion accounting...

  • TOKYO, Dec 27- Toshiba Corp said on Tuesday that it expects to book an impairment loss on the acquisition of a U.S. nuclear power business by its Westinghouse unit, a figure that could reach several billions of dollars.

  • TOKYO, Dec 27- Toshiba Corp said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition- a shock warning that sent it stock tumbling 12 percent and rekindled concerns about its accounting acumen. Potential losses reported by domestic media have ranged from 100 billion yen to 500 billion yen.

  • TOKYO, Dec 27- Toshiba Corp said on Tuesday it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition made by its Westinghouse division, sending its stock tumbling 12 percent. Potential losses reported by domestic media have ranged from 100 billion yen to 500 billion yen. Such a loss would deal another heavy blow...

  • *Follows $1.3 bln accounting scandal last year. TOKYO, Dec 27- Toshiba Corp said on Tuesday it was considering booking a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition made by its Westinghouse division, sending its stock plunging 10 percent. After the deal was completed, CB&I sued Westinghouse over how working...

  • Dec 27- Electronics giant Toshiba Corp expects to report a one-off loss of about 100 billion yen on a U.S. nuclear power acquisition made by its Westinghouse operation last year, the Nikkei business daily reported. Toshiba did not immediately reply to a request from Reuters for comment. Toshiba has forecast full year net profit at about 145 billion yen this year.

  • NEW YORK, Dec 21- Private equity firm Berkshire Partners LLC said on Wednesday it would acquire a significant minority stake in Kendra Scott Design Inc, in a deal that sources said values the Austin, Texas- based jewelry company at more than $1 billion. Scott's jewelry, much of which is priced under $100, has been worn by celebrities such as Sofia Vergara and Mindy...

  • *Actelion, J&J say in exclusive talks. ZURICH/ FRANKFURT, Dec 21- Swiss biotech company Actelion has turned back to prospective bidder Johnson& Johnson for exclusive talks about a "strategic transaction", in an about-turn that appears to sideline rival suitor Sanofi. The French company has signalled it remained keen to make a takeover deal after being trumped in...

  • ZURICH, Dec 21- The takeover battle surrounding Actelion heated up on Wednesday when the Swiss biotech company said it had begun exclusive talks with former suitor Johnson& Johnson about a "strategic transaction". The announcement could dash the hopes of French drugmaker Sanofi, which has been circling Actelion and which had making good progress in its...

  • NEW YORK, Dec 20- The surprise selection of Michel Vounatsos to run Biogen Inc signals a shift toward a more commercial management focus after years of targeting ambitious scientific gains, and likely keeps the U.S. biotech in play as a takeover target. Vounatsos joined Biogen as chief commercial officer in April after 20 years leading various commercial...

  • The Justice Department said it approved the deal on condition that AMC and Carmike divest theaters in 15 markets and take steps to ensure that National Cinemedia and Screenvision, the two companies that make and sell pre-show advertising entertainment, remain viable. The Justice Department expressed two concerns over the merger. The first had to do with loss...

  • BRUSSELS, Dec 20- The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover. However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the...

  • PARIS, Dec 20- French oil and gas major Total said on Tuesday it will buy a 23 percent stake in Tellurian Investments, a private U.S. gas projects operator, for $207 million as it pursues its drive to secure more downstream gas market share. Total, which is paying $5.85 a share for the stake, and Tellurian will jointly develop an integrated gas project, from producing...

  • WASHINGTON, Dec 20- AMC Entertainment Holdings has won U.S. antitrust approval to buy smaller Carmike Cinemas Inc in a $1.2 billion deal that would create the biggest U.S. movie chain. The Justice Department announced on Tuesday that it approved the deal on condition that AMC and Carmike divest theaters in 15 markets and sell most of its holdings in National...

  • Dec 20- Drugmaker Allergan Plc said on Tuesday it would buy LifeCell, a regenerative medicine unit owned by privately held Acelity LP Inc, for $2.9 billion in cash, bringing the number of deals it has made this year to an even dozen. Allergan Chief Executive Brent Saunders has described the company's acquisition strategy as being one of "stepping stones."

  • Dec 20- Allergan Plc said it would buy LifeCell, a regenerative medicine unit owned by privately held Acelity LP Inc, for $2.9 billion in cash. The acquisition will add LifeCell's dermal matrix products to Allergan's portfolio of medical aesthetics, breast implants and tissue expanders. Acellular dermal matrices are commonly used in breast reconstruction...

  • *Suez shares top performer on Paris' SBF-120. PARIS, Dec 20- Shares in French utility Suez climbed on Tuesday after business radio station BFM reported that Engie- which already owns 33 percent of Suez- was examining a full takeover bid. BFM reported that Engie's chief executive, Isabelle Kocher, had been lobbying leading French conservative and centre-right...

  • *Suez shares top performer on Paris' SBF-120 market. PARIS, Dec 20- Shares in French utility Suez climbed on Tuesday after business radio station BFM reported that Engie- which already owns 33 percent of Suez- was examining a full takeover bid for it. Suez shares rose by around 4 percent, making them the top-performing stock on France's SBF-120 equity index, which was...