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Mergers and Acquisitions Acquisitions

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  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com. "We have zero interest in Salesforce.com." SAP is battling alongside established U.S. software makers such as Oracle, IBM and Microsoft to boost Internet-based software sales and fend off pure cloud-based rivals...

  • FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com, which is rumoured to be for sale. "We bought always assets that are best-in-class, which are assending in value," McDermott said in response to a journalist's question at a news conference at SAP's annual SAPPHIRE user...

  • May 4- U.S. mall owner Macerich Co plans to terminate its stockholder rights plan and add two new independent directors as part of a settlement with an activist investor group. Activist investor Jonathan Litt nominated four directors to Macerich's board last month, after the company rejected a takeover bid from larger rival Simon Property Group Inc, a person...

  • May 4- Tyson Foods Inc, the biggest U.S. meat processor, reported a 10.5 percent rise in quarterly sales, helped by the acquisition of Jimmy Dean sausage maker Hillshire Brands Co.. Net income attributable to Tyson Foods rose to $310 million, or 75 cents per share, in the second quarter ended March 28, from $213 million, or 60 cents per share, a year earlier.

  • Monsanto offers to buy Syngenta again -Bloomberg Thursday, 30 Apr 2015 | 5:14 PM ET

    April 30- Monsanto, the world's largest seed company has again approached Switzerland's Syngenta in recent weeks with an offer to buy the company, Bloomberg reported citing people familiar with the matter. According to media reports, Monsanto and Syngenta had held preliminary talks last year about a $40 billion takeover by Monsanto to create the world's...

  • REDWOOD CITY, Calif., April 30- Oracle Corp Chief Executive Safra Catz said her company could benefit if Microsoft Corp or another rival bought online customer relationship management firm Salesforce.com Inc. She declined comment on whether Oracle had made an approach to buy Salesforce.com, after a report on Wednesday that Salesforce.com had hired advisers...

  • *Q1 adjusted EPS $1.36 vs $1.25 forecast. *Raises 2015 adjusted EPS forecast to $5.05- $5.35. TEL AVIV, April 30- Teva Pharmaceutical Industries, which is seeking to acquire rival Mylan Inc for over $40 billion, raised its full-year earnings outlook after posting a bigger-than-expected increase in first-quarter profit.

  • *Analysts see fresh risks to Alcatel-Lucent takeover. HELSINKI/ PARIS, April 30- Finland's Nokia reported quarterly profits well below market forecasts at its telecom network equipment business, sending its stock tumbling 9 percent and raising concerns over its planned takeover of smaller rival Alcatel-Lucent. With Nokia shares now trading about 20...

  • NEW YORK, April 29- Twitter Inc's efforts to reassure disaffected ad buyers may hinge on the success of two deals that were announced along with its bleak forecast on Tuesday, advertisers and analysts said. As a result, Twitter cut ad rates, impacting quarterly revenue by $4 million to $5 million, Costolo said. The San Francisco- based company also missed Wall Street...

  • April 29- Tencent Holdings Ltd, the dominant social networking and online entertainment company in China, has agreed to buy 14.6 percent of mobile game developer Glu Mobile Inc for $126 million. Shares of Glu Mobile, which developed Deer Hunter and Kim Kardashian: Hollywood games, rose about 24 percent in extended trading on Wednesday. Tencent has been...

  • April 29- Cloud software company Salesforce.com Inc is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter. They closed up 11.6 percent at $74.65, valuing the company at about $49 billion. There is no certainty any deal will transpire,...

  • Salesforce hits all-time high amid takeover reports Wednesday, 29 Apr 2015 | 2:44 PM ET
    Marc Benioff, chairman and chief executive officer of Salesforce.com.

    Shares of Salesforce.com jumped on Wednesday amid reports that it is working with financial advisors to help with a potential takeover offer.

  • NEW YORK, April 29- A major funds company is putting directors on notice: if you adopt poison pill anti-takeover measures without shareholder approval, you will be blacklisted. Since October, Dimensional Fund Advisors, the eighth largest U.S. mutual fund firm with $398 billion in assets, has been sending warning letters to companies whose stock it owns and who...

  • April 28- Coal and iron-ore producer Cliffs Natural Resources said on Tuesday that it was considering a sale of its North American coal business. The company's net loss attributable to shareholders widened to $772.6 million, or $4.26 per share, in the first quarter ended March 31, from $83.1 million, or 54 cents per share, a year earlier. Revenue fell 27.5 percent to...

  • *Shares down 15 pct after takeover by Applied Materials scrapped. TOKYO, April 28- Tokyo Electron Ltd shares plunged 15 percent on Tuesday as the scrapping of a $10 billion takeover by Applied Materials Inc left the Japanese firm searching for a new growth strategy amid soaring R&D costs for the chip-production equipment industry. The abandonment of the plan...

  • TOKYO, April 28- Tokyo Electron Ltd shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc.. Tokyo Electron shares fell as much as 14.8 percent in early trade to 6,555 yen, hitting their lowest level since late October, while the broader Tokyo...

  • April 27- Mylan NV rejected Teva Pharmaceutical Industries Ltd's $40 billion takeover offer on Monday, saying in a scathing letter that it grossly undervalued the company and that Mylan has no interest in payment in what it termed "high-risk" Teva stock. Mylan shares fell 5.7 percent to $71.71 on Nasdaq, and Teva fell 3.8 percent to $61.93 on the New York Stock...

  • *Cap Gemini to buy U.S.-based IGATE for $4 bln. *Cap Gemini shares up 7.5 pct, IGATE shares rise to offer price. PARIS, April 27- Cap Gemini SA, a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE's founders a $1 billion windfall.

  • LONDON, April 27- Britain's warning to potential suitors of BP is a sign of the oil major's vulnerability to a takeover bid and that a more politically palatable tie-up with Royal Dutch Shell no longer seems to be an option, banking and industry sources said. Despite championing a laissez-faire policy towards takeover deals, Britain has always had a special...