Mergers and Acquisitions Acquisitions

  • *Deal could top ChemChina's $43 bln Syngenta takeover. Monsanto currently has a market capitalisation of $42 billion. ChemChina's deal for Syngenta is currently the subject of intensive regulatory review in the United States.

  • SYDNEY, May 19- Australian wealth manager AMP Capital on Thursday said it has reached a deal to acquire the largest U.S. underground parking system for $370 million in a joint venture with private equity firm Northleaf Capital Partners. AMP Capital, the investment arm of Australia's top wealth manager AMP Ltd, has $117 billion in funds under management as of...

  • With the U.S. farm sector drowning in supplies that have depressed crop prices, the Ohio- based agribusiness said it was better off remaining a "standalone entity" than selling to the holding company run by former hedge fund manager Philip Falcone. HC2's takeover offers "represent an opportunistic attempt to acquire the company at a low point in the industry...

  • May 18- Fitbit Inc said it bought wearable payment technology assets from Silicon Valley- based startup Coin, as it looks to allow users to make payments through its popular line of wearable fitness devices. Coin makes devices that use near-field communication chips. The terms of the deal, which was completed on May 12, were not disclosed.

  • May 18- Fitbit Inc said it bought wearable payment technology assets from Silicon Valley- based startup Coin, as it looks to develop mobile payment technology for its wearable fitness devices. The terms of the deal, which was completed on May 12, were not disclosed. Fitbit said on Wednesday that there were no plans to introduce the technology to its devices this...

  • Former hedge fund manager Phil Falcone

    Andersons on Wednesday rejected a $1 billion all-cash offer from HC2 Holdings, a company run by former hedge fund manager Philip Falcone.

  • May 17- HC2 Holdings Inc, a company run by former hedge fund manager Philip Falcone, said on Tuesday it has made a bid to buy U.S. grain handler Andersons Inc for about $1 billion in cash. "As a public company, we like where we're at," CEO Patrick Bowe said in an interview. HC2's offer of $37 per share represents a 42 percent premium to Andersons' closing price on Tuesday.

  • Buffett may finance Gilbert's bid for Yahoo

    Warren Buffett has offered to be a potential financing partner for Dan Gilbert as the Quicken Loans founder makes a bid for Yahoo, reports CNBC's Becky Quick.

  • Williams has accused ETE of trying to get out of the $20 billion deal and filed a lawsuit late on Friday seeking to prevent the Dallas- based firm from terminating its takeover over a tax issue or if the deal isn't closed by a June 28 deadline. "ETE is disappointed that Williams, rather than seriously engaging in discussions regarding the existing transaction, has...

  • SAN FRANCISCO, May 13- Apple Inc's $1 billion investment in Chinese ride sharing company Didi Chuxing intensifies a race to acquire technology, talent and market access in a rapidly evolving global personal transportation market. "We are making the investment for a number of strategic reasons, including a chance to learn more about certain segments of the...

  • SAN FRANCISCO, May 13- Apple Inc's $1 billion investment in Chinese ride sharing company Didi Chuxing intensifies a race to acquire technology, talent and market access in a rapidly evolving global personal transportation market. "We are making the investment for a number of strategic reasons, including a chance to learn more about certain segments of the...

  • BEIJING, May 13- China's outbound M&A deals could rise to $150 billion this year, smashing last year's record as abundant liquidity allows firms to upgrade their technology and acquire brands, a top executive at the country's leading domestic investment bank said. But this could soar to $130 billion- $150 billion for the year with deals like state-owned...

  • OTTAWA, May 12- Canada's Competition Bureau said on Thursday it would not block Lowe's Companies Inc's proposed purchase of Canadian firm Rona Inc, saying it was satisfied the deal would not substantially lessen competition. The C $3.2 billion takeover bid, which Lowe's unveiled in February, will help the U.S. home improvement retailer compete with Home Depot.

  • *Says proposed deal different from others in Europe. European Union antitrust regulators on Wednesday rejected Hutchison's plan to acquire O2 UK from Spain's Telefonica, a decision which cast doubts on prospects for approval of the Vimpelcom-Hutchison deal in Italy. "It's going to be reviewed on its own merits by Europe and this transaction is very different...

  • SINGAPORE, May 12- Chinese tycoon Wang Jianlin's Wanda Cinema Line Corp, the country's biggest cinemas operator, said on Thursday it plans to acquire movie-making affiliate Wanda Media for 37.2 billion yuan in cash and shares. Wanda Cinema, whose parent Dalian Wanda Group acquired U.S. film studio Legendary Entertainment in January for about $3.5 billion, said...

  • PARIS, May 12- Casino said on Thursday it would spend up to $196 million to take its e-commerce unit Cnova private, nearly two years after listing it on Nasdaq as difficulties in Brazil derailed plans to create a broad e-commerce business. Casino said it would reorganise Cnova's troubled business in Brazil, merging it with another of its units, appliance retailer...

  • MOSCOW, May 12- Telecoms firm Vimpelcom said on Thursday it still expected to merge its Italian business with that of CK Hutchison Holdings around the end of 2016, a day after European regulators blocked a separate Hutchison deal. European Union antitrust regulators on Wednesday rejected Hutchison's plan to acquire O2 UK from Spain's Telefonica, a decision...

  • Nissan acquires 34% stake in Mitsubishi

    Carlos Ghosn, CEO of Nissan, explains why the auto-maker has decided to become the single largest stakeholder of Mitsubishi Motors.

  • Boost organic growth is Alstom’s first priority: CEO

    Alstom CEO, Henri Poupart-Lafarge, reveals what acquisitions the engineer firm is looking into, while commenting on the resumption of its dividend and France’s labor reforms.

  • LONDON, May 11- European tourism group TUI said it planned to sell its specialist group of adventure and education holiday brands, leaving it to focus on its main revenue-generating tourism business after it sold Hotelbeds last month. Separately, it said it would expand the presence of its main holiday and cruise group in France through a deal to acquire Canada-...