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Mergers and Acquisitions Acquisitions

  • Nov 14- U.S. cigarette maker Reynolds American Inc is seeking a higher price from British American Tobacco Plc after rejecting its $47 billion takeover offer, a source familiar with the situation told Reuters. "We thought it was a possibility, so it's not too surprising," Morningstar analyst Adam Fleck said in an email. The companies are still in talks and BAT is...

  • Nov 14- Starboard Value LP's quarterly filing on Monday showed more companies in its portfolio under takeover pressure from other activist investors. The New York hedge fund, led by Jeffrey Smith, is known for shaking up boards and pushing companies into mergers and acquisitions, as it did with Internet pioneer Yahoo Inc earlier this year.

  • *A $112/ shr deal, 28 pct premium to Friday's close. SEOUL, Nov 14- Samsung Electronics has agreed to buy Harman International Industries in an $8 billion deal, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean company. But it shows that under Jay Y. Lee, the company is changing and open to new ways to grow, "a...

  • *A $112/ shr deal, 28 pct premium to Friday's close. SEOUL, Nov 14- Samsung Electronics has agreed to buy Harman International Industries in an $8 billion deal, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean company. But it shows that under Jay Y. Lee, the company is changing and open to new ways to grow, "a...

  • *Toronto- listed shares up as much as 18.27 pct. Nov 14- Amaya Inc's former chief executive, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. The company's Toronto- listed stock rose as much as 18.27 percent in morning trading to C $21.69, but was still below the offer price of C $24 per share.

  • *C $24/ shr offer price at 30.9 pct premium to Friday's close. Nov 14- Amaya Inc's former chief executive, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. The offer price of C $24 per share represents a premium of 30.9 percent to Amaya's Friday close of C $18.34.

  • *Says will fund $200 mln of deferred payment for Rational Group. Nov 14- Amaya Inc's former chief executive, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. Amaya said it would pay about $200 million of the $400 million deferred purchase price for its acquisition of the Rational Group in 2014, on or...

  • *C $24/ shr offer price at 30.9 pct premium to Friday's close. Nov 14- Amaya Inc's former chief executive, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. The offer price of C $24 per share represents a premium of 30.9 percent to Amaya's Friday close of C $18.34.

  • Samsung to buy Harman for $8B

    Samsung agrees to acquire Harman International Industries for about $8-billion in cash.

  • Nov 14- The former chief executive of Amaya Inc, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. The offer price of C $24 per share represents a premium of 30.9 percent to Amaya's Friday close of C $18.34. The charges followed an investigation into Baazov and other executives in 2014 for trading in...

  • Nov 14- David Baazov, the former chief executive of Amaya Inc, offered to buy the Canadian online gambling company in a deal valued at about C $3.48 billion. The offer price of C $24 per share represents a premium of 30.9 percent to Amaya's Friday close of C $18.34. Baazov, who already owns about 17.2 percent of Amaya, including options, made the offer on behalf of a...

  • *A $112 per share deal, 28 pct premium to Friday's closing price. SEOUL, Nov 14- Samsung Electronics announced a $8 billion deal on Monday to buy Harman International Industries, marking a major push into auto-related technology and the biggest overseas acquisition ever by a South Korean firm. The purchase of the Stamford, Connecticut- based maker of connected car...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • LONDON, Nov 11- Buyout firms have approached Santander Asset Management and Intesa Sanpaolo over a possible takeover of the Allfunds Bank mutual fund platform, sources told Reuters. U.S. buyout fund Bain Capital and Europe's Advent are planning to make a joint bid for the business, which could be worth up to 2 billion euros, the sources said. Santander Asset...

  • Altice expanding in US, Europe with acquisitions

    CNBC’s Gemma Acton breaks down the key details from the latest earnings results from telecoms firm, Altice.

  • PARIS, Nov 10- Altice, the fourth-biggest cable operator in the United States, sees more deals between media and telecoms operators in the country if AT&T Inc's $85 billion acquisition of Time Warner Inc eventually goes through under the administration of President-elect Donald Trump. Trump said in October that AT&T's proposed acquisition of the owner of HBO,...

  • *Jan-Sept net profit at 4.1 mln euros. LJUBLJANA, Nov 10- Household appliances maker Gorenje said on Thursday that Panasonic, which looked at making a bid for the Slovenian company earlier this year, had decided against a takeover deal. It also said it expected to end 2016 with a group net profit of 7.6 million euros, up from a profit of 4.1 million euros in the first...

  • The family announced this week it had launched Dolan Family Ventures to invest in data and technology and analytics companies. In its first deal, Dolan Family Ventures on Thursday said it has acquired New York- based Analytics Media Group, and is launching a new business called 605.. "Our goal is to get the right data and analysis in place to allow people to spend...

  • Tesla buys German engineering firm to ramp up production

    The electric automaker is expected to add about 1-thousand jobs in Germany over the next few years.