Mergers and Acquisitions Acquisitions

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  • 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...

  • *U.S. private equity firm to buy 24.9 pct of Marshall Wace. LONDON/ BENGALURU, Sept 9- American private equity firm KKR& Co is buying a stake in European hedge fund operator Marshall Wace, raising its bets on the rapidly growing $3 trillion industry. KKR will acquire a 24.9 percent stake in the London- based company, one of Europe's biggest hedge fund operators with $22...

  • Sept 9- Private equity firm KKR& Co LP said it would acquire a 24.9 percent stake in London- based hedge fund Marshall Wace LLP. KKR, which did not disclose the value of the cash and common units deal, has the option to raise its stake to 39.9 percent. Marshall Wace had over $22 billion in assets under management as of Aug. 1.

  • CHICAGO, Sept 8- Poultry company Perdue Farms will buy natural meat maker Niman Ranch, which is Chipotle Mexican Grill's biggest pork supplier and a brand name on U.S. restaurant menus, the two companies said on Tuesday. Niman Ranch plans to continue producing animals in the same way after the deal closes, said Jeff Tripician, chief marketing officer.

  • Lagunitas, whose brands include the popular India pale ale Lagunitas IPA and pale wheat ale Little Sumpin' Sumpin', is one of the best-known and fastest-growing craft beer makers in the United States. Earlier this year, California craft brewery Firestone Walker Brewing Company announced its merger with Flemish-family owned brewery Duvel Moortgat.

  • LONDON, Sept 8- A look at valuations illustrates how regulatory concerns and stubbornly low energy prices have stoked investor anxiety over Royal Dutch Shell's planned takeover of British rival BG Group. That gap between the price of BG shares and the Shell cash and shares offer has widened over the past two weeks to an average of 16 percent from around 12...

  • Sept 8- Media General Inc said it would buy diversified media company Meredith Corp for about $2.34 billion to create the third-largest local TV station owner in the United States. Media General shareholders will receive one share of the new company for each share held. Media General shares closed at $11.15 on the New York Stock Exchange on Friday, while...

  • PRAGUE, Sept 5- CEFC China Energy Company has acquired a 10 percent stake in airline operator Travel Service and plans to raise its stake even further, it said on Saturday. Travel Service is the second-largest shareholder in Czech Airlines, after Korean Air. CEFC said it planned to acquire a further 39.92 stake in Travel Service as part of the deal.

  • BlackBerry to buy Good Technology Friday, 4 Sep 2015 | 11:02 AM ET
    BlackBerry to buy Good Technology

    Paul Holland, Foundation Capital partner, weighs in on market action, and BlackBerry's deal to buy Good Technology.

  • Sept 4- BlackBerry Ltd plans to acquire rival mobile software provider Good Technology for $425 million in cash, the Canadian smartphone company said on Friday, boosting its ability to help companies manage smartphones that run any operating system. Waterloo, Ontario- based BlackBerry pioneered smartphones, but after losing ground to Apple Inc and Samsung...

  • BlackBerry to acquire Good Technology for $425 mln Friday, 4 Sep 2015 | 8:10 AM ET

    Sept 4- Canadian smartphone maker BlackBerry Ltd said it would acquire software security provider Good Technology for $425 million in cash.

  • Sept 3- Medtronic Plc, the world's largest standalone medical device maker, reported a 70 percent rise in quarterly revenue, helped by higher sales across its business lines, in part due to the acquisition of surgical products provider Covidien Plc. An improving U.S. economy and the impact of the affordable care act has driven an increase in the number of surgical...

  • Sept 1- Discount retailer Dollar Tree Inc's quarterly sales rose less than analysts had expected as it focused on integrating Family Dollar stores amid intense competition from mass retailers such as Wal-Mart Stores Inc. Analysts had touted Dollar Tree's acquisition of Family Dollar as a game changer for the smaller discount retailer, as it propelled the...

  • Sept 1- Discount retailer Dollar Tree Inc's quarterly sales rose less than analysts expected due to intense competition from retailers such as Wal-Mart Stores Inc and as it focused on closing the acquisition of Family Dollar Stores Inc.. Dollar Tree's sales forecast for the current quarter also fell short of Wall Street's estimates, sending the company's...

  • HONG KONG/ LONDON, Sept 1- BG Group plc, which is being acquired by Royal Dutch Shell plc, has put up for sale its 22.2 percent stake in the huge Thai Bongkot offshore gas field valued at around $1.2 billion, people familiar with the matter said. BG has hired Morgan Stanley to run the sale process and wants to close the deal by the end of this year, one of the people said.

  • SHANGHAI, Sept 1- China's major brokerage, Guotai Junan Securities Co, said on Tuesday that it will increase its equity fund dedicated to supporting markets- answering Beijing's call for listed firms to bolster their backing for struggling stock markets. Guotai Junan's board agreed to use 20 pct of its net assets for a fund dedicated to buying shares to support...

  • Aug 31- Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea- based company at about $346 million. The company engaged Barclays as its financial adviser for the process. MagnaChip's total revenue fell 5.8 percent to $162 million in the second quarter ended June 30, from a year...

  • Aug 31- Hedge fund Pleasant Lake Partners said it offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea- based company at $345.7 mln. Pleasant Lake's offer of $10 per share is at premium of 29.2 percent to MagnaChip's Friday closing price. Pleasant Lake already owns 9.9 percent of MagnaChip.

  • MYL shareholders approve PRGO deal Friday, 28 Aug 2015 | 9:00 AM ET
    MYL shareholders approve PRGO deal

    Mylan shareholders back proposed Perrigo purchase.