Mergers and Acquisitions Acquisitions

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  • BEIJING, Sept 17- China's outbound direct investment is expected to surpass $1 trillion for the first time in 2015, as slowing economic growth and rising internationalisation of Chinese business see more local companies investing overseas. China's slowing economy and market volatility is driving domestic firms to acquire foreign brands and technology,...

  • Sept 17- U.S. cable TV operator Cablevision Systems Corp has agreed to a $17.7 billion takeover offer by European telecommunications company Altice, according to two people familiar with the matter, the latest acquisitions in a sector struggling with declining viewership. Shares of Cablevision, which is controlled by New York's Dolan family, jumped as much as...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both...

  • Sept 16- Potash Corp of Saskatchewan is not actively discussing its takeover proposal with Germany's K+ S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and offer new access to Europe, Chief Executive Jochen Tilk said on Wednesday. Potash Corp's standing offer of 7.9 billion euros or 41 euros per...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's dominance in Africa, both...

  • European shares end higher led by SABMiller, eyes on Fed Wednesday, 16 Sep 2015 | 12:39 PM ET

    *InBev takeover approach sends SABMiller up 20 pct. MILAN, Sept 16- European shares ended higher for a second session on Wednesday, with M&A hopes sending SABMiller and InBev up sharply, while investors remained cautious ahead of the Federal Reserve's interest rate decision. SABMiller rose 20 percent to a six-month high after the brewing company said rival...

  • *Syngenta has announced plans to buy back over $2 bln of shares. FRANKFURT, Sept 16- Swiss agricultural chemicals group Syngenta is about to launch the sale of its vegetable seeds business as it seeks to raise money for a share buyback, according to sources familiar with the matter. Syngenta and JP Morgan declined to comment.

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus which makes around a third of the beer consumed globally. Belgium's AB InBev- the world's biggest brewer- makes Budweiser, Stella Artois and Corona, while Britain- based SABMiller- the No. 2 player- owns Peroni, Grolsch and Pilsner...

  • LONDON/ BRUSSELS, Sept 16- Anheuser-Busch InBev, the world's biggest beer maker, has approached rival SABMiller about a takeover that would form a brewing colossus that makes around a third of the beer drunk globally. It would combine AB InBev's dominance of Latin America with SABMiller's strong presence in Africa, both fast-growing markets, as well as...

  • *SABMiller up 23 pct on InBev takeover approach. LONDON/ MILAN, Sept 16- European shares were higher at midday on Wednesday, with M&A hopes sending SABMiller and InBev sharply higher while the broader market was underpinned by overnight gains on Wall Street and in Asia. SABMiller rose 23 percent to a six-month high after the company said rival InBev intended to...

  • AB InBev sets its sights on SABMiller Wednesday, 16 Sep 2015 | 5:50 AM ET
    AB InBev sets its sights on SABMiller

    Spiros Malandrakis, alcoholic drinks analyst at Euromonitor International, discusses the takeover talk surrounding Anheuser-Busch InBev and SABMiller.

  • FRANKFURT, Sept 15- German auto parts and tyre maker Continental could do a takeover deal worth 2- 3 billion euros in the next 1-2 years, Chief Executive Elmar Degenhart said. If an appropriate target in the non-automotive sector emerges and the purchase price as well as the timing is right, then a major acquisition is possible, Degenhart said on Tuesday in an...

  • NEW YORK, Sept 14- China's CMST Development Co Ltd said on Monday it will buy a majority stake in centuries-old metals storage company Henry Bath from Swiss-based commodities trader Mercuria, the latest sign of China's growing clout in metals trading. The deal comes almost a year after Mercuria acquired Henry Bath as part of its $800 million takeover of...

  • Vista Equity agrees to $6.5 billion deal for Solera Sunday, 13 Sep 2015 | 7:49 PM ET

    NEW YORK, Sept 13- Private equity firm Vista Equity Partners has agreed to acquire Solera Holdings Inc after raising its offer to $55.85 per share in cash, valuing the insurance claims processing software maker at $6.5 billion, including debt, a person familiar with the matter said on Sunday. The price per share is a 13- percent premium over Solera's share price on...

  • Blackstone considers bidding for NCR -source Friday, 11 Sep 2015 | 10:59 AM ET

    Sept 11- Blackstone Group LP is once again taking a look at bidding for NCR Corp, according to a person familiar with the matter. Earlier this summer, Blackstone had teamed up with Carlyle Group LP to acquire NCR for more than $10 billion, including debt, Reuters previously reported. The New York Post was first to report that Blackstone had become involved in the...

  • Tough road ahead for HAL buyout Friday, 11 Sep 2015 | 8:00 AM ET
    Tough road ahead for HAL buyout

    The DOJ complicates Halliburton's buyout of peer oilfield services company Baker Hughes.

  • Logistics industry consolidates on XPO buy Thursday, 10 Sep 2015 | 8:00 AM ET
    Logistics industry consolidates on XPO buy

    In another consolidation move, XPO Logistics buys U.S. trucker Con-way for $3 billion.

  • LONDON/ BOSTON Sept 10- A setback in Ukraine for Franklin Templeton's star fund manager Michael Hasenstab hasn't dimmed his appetite for bold bets in markets shunned by others as he boosts exposure to some of this year's worst-performing emerging markets. But in Ukraine, where Templeton sank around $6.5 billion from 2011-- owning about 40 percent of...

  • Buffett ups stake in PSX Thursday, 10 Sep 2015 | 6:00 AM ET
    Buffett ups stake in PSX

    Warren Buffett's Berkshire Hathaway buys 3.51 million shares of Phillips 66.

  • CHICAGO/ SAN FRANCISCO, Sept 9- West Coast regional grocer Haggen has filed for bankruptcy protection, blaming its takeover of 146 stores from rival supermarket chain Albertsons, and plans to reorganize around its profitable locations. Haggen, based in Washington state, sued Albertsons last week for damages that it said could exceed $1 billion, alleging its...