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Mergers and Acquisitions Acquisitions

  • MILAN, Jan 23- Assicurazioni Generali said on Monday it had bought voting rights equal to 3.01 percent of Intesa Sanpaolo's share capital, effectively blocking the lender from acquiring a large stake in Italy's biggest insurer. The move comes after newspaper La Stampa said that Intesa, one of Italy's biggest banks, was considering buying a stake in Generali and...

  • Jan 23- A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to clear a $54 billion deal to buy Cigna Corp.. Judge John Bates of the U.S. District Court for the District of Columbia said the proposed deal would "substantially lessen competition" in...

  • LONDON, Jan 23- Japanese financial services firm Orix Corp said it was looking to buy more shipping loans in Europe after confirming on Monday that it would purchase $289 million worth of such debt from Royal Bank of Scotland in a landmark deal. Orix said it had agreed to acquire the loans from RBS, confirming a Reuters story on Friday, in what is likely to be the first...

  • SANTIAGO, Jan 19- Middle Eastern private equity investor Abraaj Group has bought a majority stake in Chile's private home furnishings retailer Casaideas in its first foray into the country, Abraaj said on Thursday. Casaideas runs more than 50 stores in South America, including 33 in Chile and 16 in Peru. Abraaj has made a number of investments in other countries...

  • *Europe's STOXX 600 index down 0.4 pct. LONDON, Jan 19- European stocks dipped on Thursday, though Zodiac Aerospace's shares surged after a takeover offer by France's Safran and Moneysupermarket.com also jumped after it reported strong results. We venture the planned special dividend may also lend near-term support to the Safran share price, " Sandy Morris,...

  • *Companies to focus on east Europe, Latin America, Africa. "You're seeing the majors sharpening their pencils after a long while and actually flipping around from disposals to acquisitions," said Tony Durrant, chief executive of British energy firm Premier Oil, which is looking to sell several stakes in its North Sea operations. Total acquisitions of oil and gas...

  • *Companies to focus on east Europe, Latin America, Africa. "You're seeing the majors sharpening their pencils after a long while and actually flipping around from disposals to acquisitions," said Tony Durrant, chief executive of British energy firm Premier Oil, which is looking to sell several stakes in its North Sea operations. Total acquisitions of oil and gas...

  • A woman holds a jar of Vegemite during a picnic breakfast on the Sydney Harbour Bridge, Australia.

    Bega Cheese shares jumped 13% after the company announced acquisition of Vegemite and other brands from Mondelez International.

  • Jan 18- Former Canadian Pacific Chief Executive Hunter Harrison is in advanced talks to team up with former Pershing Square Capital partner Paul Hilal to acquire activist stake in rival railroad CSX Corp, according to a person familiar with the matter. Hilal, who had left William Ackman's Pershing Square Capital Management LP last year, has raised more than $1...

  • LONDON, Jan 18- Britain's competition watchdog said on Wednesday that Mastercard has proposed a series of measures that should alleviate its concerns about the credit card giant's takeover of payments processing company VocaLink. The Competition and Markets Authority said earlier this month that it was worried the deal could lead to the combined group...

  • WASHINGTON, Jan 17- Danaher Corp co-founder Mitchell Rales agreed to pay $720,000 to settle allegations that he failed to report stock purchases to the government so that they could be vetted to determine if they violate antitrust law, antitrust enforcers said on Tuesday. The Federal Trade Commission also reached a settlement with hedge fund founder Ahmet...

  • Susan M. Cameron

    The deal hit the "sweet spot" that benefits shareholders on both sides, Reynolds American Executive Chairman Susan Cameron says.

  • Confident Syngenta and ChemChina will finish deal: CEO

    Syngenta CEO Erik Fyrwald discusses his upcoming deal with ChemChina.

  • Baker McKenzie: Cloud of uncertainty over investment

    Tim Gee, M&A partner at Baker McKenzie, gives his forecasts for the mergers and acquisitions space in 2017, despite uncertainty surrounding politics.

  • Jan 12- Oil and gas producer WPX Energy Inc said it would buy assets in the Delaware basin for $775 million, the latest company to bolster its position in the oil-rich Permian region. The Delaware basin is located in the larger Permian basin, which is located in West Texas and the adjoining area of southeastern New Mexico. WPX is buying the assets from Panther Energy...

  • PARIS, Jan 12- French animal health company Neovia has entered exclusive negotiations to buy a majority stake in Chinese pet food maker Sanpo, as it anticipates rapid growth in consumer spending on pets in China. Neovia has already invested in pet food activities in emerging economies such as Brazil and Mexico, and sees high potential in China where pet food...

  • Jan 12- Private equity firm CVC Capital Partners Ltd is in advanced talks to acquire MSC Software Corp, a U.S. company that makes simulation computer programs, for more than $800 million, including debt, according to people familiar with the matter. A successful deal would vindicate the buyout strategy of activist hedge fund Elliott Management Corp, which pushed...

  • PARIS, Jan 11- France will buy out minority shareholders in Areva and delist the troubled nuclear group, the government said on Wednesday as talks with potential investors in a new nuclear fuel company being spun out of Areva neared a conclusion. The state, which owns 87 percent of Areva, said it would offer 4.5 euros per Areva SA share to minority investors which...

  • 2017 could be record year for both deal volume and value: EU

    Steve Krouskos, global vice chair of transactions advisory services at EY, explains that CEOs are "future-proofing their business."

  • MONTREAL/ NEW YORK Jan 10- American Apparel LLC's made-in-the-U.S. heritage is uncertain after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. American Apparel had insisted in the weeks leading up to its bankruptcy and auction that any deal would keep its manufacturing...