Mergers and Acquisitions Acquisitions

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  • *AstraZeneca says acalabrutinib sales could top $5 bln/ yr. LONDON, Dec 17- AstraZeneca said on Thursday it had agreed to buy 55 percent stake of privately held biotech firm Acerta Pharma for $4.0 billion to give it access to a new kind of drug for fighting blood cancers. AstraZeneca will pay $2.5 billion upfront, with a further $1.5 billion paid either on receipt of...

  • LONDON, Dec 17- Royal Dutch Shell's takeover of BG Group may look less attractive after the slide in oil prices but the fact the same investors own nearly half of both firms means the deal is still likely to go through. For example, Blackrock, Franklin Mutual Advisers and Norges together hold more than 12 percent of Shell and nearly 7.5 percent of BG.

  • LONDON, Dec 16- Barclays Plc has sold its benchmark indices and risk analytics business, which includes the widely used Barclays U.S. Barclays said on Wednesday the sale of its Risk Analytics and Index Solutions business will result in a pretax gain of about 480 million pounds and lift its common equity capital ratio by about 10 basis points when the deal...

  • LONDON, Dec 16- Barclays Plc has sold its benchmark indices and risk analytics business to financial data provider Bloomberg for about 520 million pounds, the British bank said on Wednesday. Barclays said the sale of its Risk Analytics and Index Solutions business will result in a pretax gain of about 480 million pounds and should lift its common equity capital...

  • Halliburton

    Halliburton has been forced to delay for a second time its planned $26bn acquisition of rival Baker Hughes, the Financial Times reports.

  • WASHINGTON, Dec 15- AMC Entertainment Holdings Inc has won U.S. antitrust approval to buy Starplex Cinemas on condition that it sell one theater in Connecticut and one in New Jersey, the Justice Department said on Tuesday. The deal was valued at $172 million, the department said. AMC operates 349 theaters with 4,975 screens, most of them in the United States.

  • Dec 15- U.S. antitrust officials are not satisfied with Halliburton Co's proposals to get clearance for its proposed acquisition of Baker Hughes Inc and are not expected to make a decision on the deal until next year, Bloomberg reported. Baker Hughes and Halliburton declined to comment on the Bloomberg report. Baker Hughes shares were up 4.3 percent, after being...

  • *Sanofi in talks to acquire Boehringer consumer health. *Boehringer to buy Sanofi's animal health arm Merial. PARIS/ LONDON, Dec 15- Sanofi and Boehringer Ingelheim are in exclusive talks over a $20 billion swap of the French pharmaceuticals company's animal health business for the family-owned German group's consumer health operation.

  • Dec 15- UBM Plc said it had agreed to sell its press release distributor PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million, allowing UBM to focus on its events business. Reuters reported earlier that Cision, a provider of public relations software, was close to an agreement to acquire PR Newswire. Cision said Deutsche Bank...

  • Dec 14- Dell Inc said in a filing on Monday that it has the flexibility to buy back at least $3 billion in VMWare Inc tracking stock, the special class of shares the computer maker plans to issue to help finance its acquisition of EMC Corp.. The disclosure could prove important as Dell seeks ways to boost the value of VMware, a virtualization software maker...

  • *Jarden shares trade well below $60/ share offer. Dec 14- Newell Rubbermaid Inc, known for its food containers, agreed to buy Sunbeam and Coleman products maker Jarden Corp for more than $15 billion in a deal that will give it more leverage with retailers such as Wal-Mart Stores Inc.. Reuters reported in October that Wal-Mart, which provides nearly 13 percent of...

  • LONDON, Dec 14- Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover of BG Group goes through as planned early next year following a final green light from China. The acquisition, which was announced on April 8 and is biggest in the sector in a decade, has been cleared by China's Ministry of Commerce, Shell said on Monday, after earlier...

  • Dec 14- Newell Rubbermaid Inc, the maker of Sharpie markers and Parker pens, said it would buy Jarden Corp, which makes Sunbeam kitchen appliances and Coleman outdoor gear, for $13.22 billion. Jarden shareholders will receive $21 in cash and 0.862 Newell shares for each share held, the companies said on Monday. This implies an offer of $60 per share, a 14 percent...

  • BRUSSELS, Dec 14- Anheuser-Busch InBev, the world's largest brewer, said it would list its shares on the Johannesburg stock exchange as a "domestic" stock, removing a potential hurdle in its planned $100 billion- plus takeover of SABMiller. SABMiller already has a secondary listing in Johannesburg. South Africa's Public Investment Corporation is SABMiller's...

  • More M&A to come in 2016

    Edward Bibko, partner at Baker Mckenzie, explains why he thinks more M&A activity will occur, despite volatile environments.

  • Asia was bright spot for 2015 IPOs

    Edward Bibko, partner at Baker Mckenzie, says IPOs dropped in 2015 compared to 2014’s “monster year”, with more of the world facing an “obstacle course” with the volatile environment.

  • *AstraZeneca confirms talks with biotech firm Acerta. LONDON, Dec 14- AstraZeneca said on Monday it was in talks that might lead to the acquisition of privately held biotech firm Acerta Pharma, a potential $5 billion- plus deal designed to build up its cancer drug portfolio. "AstraZeneca confirms that it is exploring potential strategic options with Acerta...

  • LONDON, Dec 14- Royal Dutch Shell cleared the final regulatory hurdle for its takeover of BG Group after receiving the green light from China on Monday, leaving the deal on track for completion by early 2016 following shareholder votes. The combination will transform Shell into the world's top liquefied natural gas trader and a major offshore oil producer...

  • Inside Alibaba Group Holdings headquarters.

    Alibaba Group has agreed on a $265.8 million deal to acquire the South China Morning Post and other media assets of SCMP Group.

  • ALIBABA GROUP HOLDING LIMITED SAYS ENTERED AGREEMENT TO ACQUIRE SOUTH CHINA MORNING POST AND OTHER MEDIA ASSETS OF SCMP GROUP LTD.