Mergers and Acquisitions Acquisitions

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  • Nov 19- Privately held chipmaker Montage Technology Group said it is willing to start a cash tender offer to acquire Pericom Semiconductor Corp, indicating the bid might turn hostile. Montage, which is competing in the bidding process with Diodes Inc, offered about $442 million to acquire Pericom, trumping Diodes Inc's $413 million bid. The company said it would...

  • Nov 19- Several large U.S. funds that boosted their stakes in Allergan Plc in recent months appear to be optimistic about the company's growth prospects, even before Pfizer's reported $150 billion takeover bid for the botox maker. Pfizer Inc is negotiating to buy Allergan, which also makes dry eye treatments, for $370 to $380 per share, a person familiar with the...

  • Nov 19- Several large U.S. funds that boosted their stakes in Allergan Plc in recent months appear to be optimistic about the company's growth prospects, even before Pfizer's reported $150 billion takeover bid for the botox maker. Pfizer Inc is negotiating to buy Allergan, which also makes dry eye treatments, for $370 to $380 per share, a person familiar with the...

  • WASHINGTON, Nov 19- The top acquisition officials at the U.S. Air Force and Army are leaving their jobs in what industry executives and government officials say are typical "end of administration" moves ahead of the 2016 presidential election. The Air Force said William LaPlante, assistant secretary for acquisition, will rejoin MITRE Corp, a non-profit group...

  • MELBOURNE, Nov 19- Royal Dutch Shell cleared a major hurdle to its $70 billion takeover of BG Group on Thursday, winning a green light from Australia's competition watchdog, which said the deal would not change the dynamics of the domestic market. The acquisition will make Shell the world's top liquefied natural gas trader, although it still needs approval from...

  • FRANKFURT, Nov 18- Nokia's planned takeover of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5 G mobile equipment while cutting costs, its chief executive said on Wednesday. Rajeev Suri also told Reuters in an interview that the Finnish company was making rapid progress towards closing the...

  • *Unusually for China, state firms may bid against each other. HONG KONG/ FRANKFURT, Nov 17- At least three Chinese state-owned enterprises are bidding for a German waste management company, underscoring China's desire to acquire advanced technology to tackle a growing refuse problem, people familiar with the matter told Reuters. Chinese state-backed Beijing...

  • John Malone

    Cable TV company acquires UK telecoms group with operations in the Caribbean, for stock and a special dividend worth $5.3 billion.

  • TORONTO, Nov 13- Three of Canada's largest pension fund managers said on Friday that they would acquire the operator of the Chicago Skyway toll road for $2.8 billion. The 7.8- mile Chicago Skyway is the only Illinois toll highway not operated by the state Toll Highway Authority. The three pension funds and peers like Caisse de depot et placement du Quebec, British...

  • *Syngenta surges on reported takeover approach. Syngenta, however, jumped 5.3 percent after Bloomberg reported that China National Chemical Corp was in talks to buy the world's largest agrichemical company, although its initial offer of nearly $42 billion was rejected. Asked about the report, a ChemChina spokeswoman said the company had nothing to announce,...

  • *Syngenta surges on reported takeover approach. MILAN, Nov 13- European shares fell on Friday, weighed down by some weak corporate earnings, although agrichemicals group Syngenta surged after a bid approach. Syngenta rallied 7.1 percent after Bloomberg reported that China National Chemical Corp was in talks to buy the world's largest agrichemical company,...

  • TOKYO, Nov 13- U.S. asset manager Blackstone Group LP said on Friday it is acquiring Japan Residential Investment Company, which owns residential assets in Japan, in a deal worth about $450 million, including debt. It is paying 152.6 million pounds for shares in JRIC, which has total debt of about 26.7 billion yen, making the deal worth $450 million, Blackstone said in...

  • LONDON, Nov 12- Demand for higher-priced beers helped SABMiller to report a pick-up in quarterly underlying sales despite currency headwinds, a day after it formally received a $100- billion- plus takeover bid from industry leader Anheuser-Busch InBev. Yet SABMiller is being hammered by the weakness of various operating currencies including the Colombian...

  • LONDON, Nov 12- Brewer SABMiller reported higher underlying sales for the second quarter on Thursday, a day after larger rival Anheuser-Busch InBev launched a $100 billion- plus takeover bid for it. Excluding the currency impact, SABMiller said earnings and margins improved due to strong growth in Africa and Latin America and its success in selling more...

  • FRANKFURT, Nov 11- Activist hedge fund Elliott has increased its stake in Anglo-German chipmaker Dialog Semiconductor to 3.6 percent and said it has received positive feedback from co-shareholders for its rally to vote against the acquisition of U.S. peer Atmel. "Should Dialog shareholders vote against the transaction then we would envisage maintaining...

  • Nov 11- A U.S. judge said Valeant Pharmaceuticals International Inc and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Botox. The lawsuit was filed on behalf of investors who sold Allergan shares in the two months before the defendants...

  • COPENHAGEN, Nov 11- Carlsberg's new chief executive has to get the business growing again and regain the confidence of its shareholders before he can think about any expansion, he said on Wednesday, after announcing $1.4 billion of writedowns and restructuring charges. Carlsberg's largest regions are Western Europe, Eastern Europe, which includes the ailing...

  • *Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...

  • *Anheuser-Busch InBev- Divestiture of SABMiller's interest in MillerCoors. *Announces agreement with Molson Coors for complete divestiture of SABMiller's interest in MillerCoors. *Molson Coors will acquire full ownership of Miller brand portfolio outside of U.S. and retain rights to all of brands in MillerCoors portfolio for U.S.

  • Bottles of SABMiller's Miller Lite and Anheuser-Busch InBev's Budweiser beer.

    AB InBev is poised to announce on Wednesday that it has clinched a deal to buy SABMiller for £68 billion, the Financial Times reports.