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Mergers and Acquisitions Acquisitions

  • MONTREAL, Nov 23- Aerospace companies in the Canadian province of Quebec will likely benefit from in-service support contracts linked to a federal government purchase of 18 Boeing Co Super Hornets, an industry group said on Wednesday. On Tuesday, Canada's Liberal government said it would initiate talks with Boeing to soon acquire Super Hornets as a stop-gap...

  • LIMA, Nov 23- Techint Group said on Wednesday that it was still in talks with Odebrecht SA on buying part of its stake in a $5 billion natural gas pipeline project in Peru, after local media reported its partner on the acquisition had pulled out. Odebrecht is the center of Brazil's biggest-ever graft scandal and must exit the Peru pipeline project as a condition...

  • BRUSSELS, Nov 23- EU antitrust regulators are set to give conditional clearance to Microsoft's $26 billion takeover of professional social network LinkedIn, three people familiar with the matter said on Wednesday. As part of the EU approval, the U.S. software company will make some minor changes to concessions submitted last week following feedback from...

  • SAO PAULO, Nov 23- Kroton Educacional SA is considering disposing of Estácio Participações SA's entire distance-learning business to secure Brazilian antitrust approval for the country's largest education industry takeover, according to two people familiar with the plan. Belo Horizonte- based Kroton and Rio de Janeiro- based Estácio declined to...

  • NAIROBI, Nov 22- Mauritian bank group SBM Holdings will acquire full ownership of Kenya's Fidelity Bank, a small lender, in a deal valued at 100 shillings, SBM said on Tuesday. "SBM Group will bring its experience and expertise from Mauritius and other markets, to enhance competitiveness and the resilience of Kenya's banking sector," the central bank said.

  • *Aixtron falls as U.S. regulator opposes China takeover. MILAN, Nov 21 (Reuters)- European shares rose on Monday, helped by a rise in commodity prices as investors continued to buy cyclical stocks and sell defensives on bets that the U.S. presidential election result might revive inflation globally. It rallied 0.5 percent last week, and is up 1.6 percent since the...

  • Nov 21- London Stock Exchange Group Plc said on Monday that it would acquire business and financial information provider Mergent Inc.. LSEG, which agreed to merge with German rival Deutsche Boerse to create a giant European trading house, said the Mergent business will be a part of its information services division. The company did not disclose the terms of the...

  • *Deal for Selexys Pharmaceuticals worth up to $665 mln. *Study results for drug being acquired due Dec. 4. ZURICH, Nov 21- Novartis is buying U.S.-based Selexys Pharmaceuticals in a deal worth up to $665 million, the Swiss drugmaker said on Monday, expanding its pipeline of medicines to combat blood diseases.

  • *Boral agrees to buy Headwaters for $1.8 bln. *Announces $1.5 bln share issue to fund deal. SYDNEY, Nov 21- Boral Ltd, Australia's biggest supplier of building materials, said it would buy Headwaters Inc for $1.8 billion in cash, doubling its U.S. presence at a time when President-elect Donald Trump plans a huge jump in infrastructure spending.

  • HONG KONG, Nov 18- China's e-commerce giant Alibaba Group Holding Ltd plans to invest 2.1 billion yuan in supermarket chain Sanjiang Shopping Club Co Ltd to further expand its retail presence. Sanjiang said announcements it had made about Alibaba's investment had prompted the Shanghai stock exchange to ask whether Alibaba will ultimately seek control.

  • WASHINGTON, Nov 17- The U.S. Federal Communications Commission has approved Verizon Communications Inc's $1.8 billion acquisition of Carl Icahn's XO Communications fiber-optic business, an agency order published on Thursday said. Verizon, the No. 1 U.S. wireless service provider, said in February the deal to buy XO Communications would include XO's...

  • BEIJING, Nov 17- A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts. The acquisition by China National Chemical Corp of Syngenta, the largest global investment by a Chinese company,...

  • SAN FRANCISCO, Nov 16- The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday. Koch Industries, with annual revenue of about $100 billion, owns brands such as Brawny paper towels, Dixie...

  • BEIRUT, Nov 16- Lebanon's Blom Bank said on Wednesday it had signed an agreement to acquire the assets and liabilities of HSBC Bank Middle East-Lebanon, a wholly owned subsidiary of HSBC Holdings. Subject to regulatory approval from Lebanon's central bank, Banque du Liban, the transaction is expected to be completed in the first half of 2017, Blom said in a...

  • *Divisions between U.S. and UK managers, sources say. LONDON, Nov 16- Royal Bank of Scotland bosses avoided repricing billions of dollars of souring investments on the eve of the 2008 financial crisis for fear of endangering bonuses and a takeover bid for a rival, court documents allege. The allegations, which focus on the months leading up to the 2008 crisis, are at...

  • Nov 15- Viacom Inc, the owner of Comedy Central, Nickelodeon and MTV, said on Tuesday it had bought Argentine broadcaster Television Federal SA from telecom carrier Telefonica SA for $345 million in cash. The deal to buy the Spanish-language network and content producer is part of Viacom's plan to boost its presence in Argentina and Latin America.

  • Anheuser-Busch stock slips on possible Coca-Cola deal

    The brewing giant might have its eyes on Coca-Cola for its next acquisition.

  • Nov 14- U.S. cigarette maker Reynolds American Inc is seeking a higher price from British American Tobacco Plc after rejecting its $47 billion takeover offer, a source familiar with the situation told Reuters. "We thought it was a possibility, so it's not too surprising," Morningstar analyst Adam Fleck said in an email. The companies are still in talks and BAT is...

  • Nov 14- Starboard Value LP's quarterly filing on Monday showed more companies in its portfolio under takeover pressure from other activist investors. The New York hedge fund, led by Jeffrey Smith, is known for shaking up boards and pushing companies into mergers and acquisitions, as it did with Internet pioneer Yahoo Inc earlier this year.

  • *A $112/ shr deal, 28 pct premium to Friday's close. SEOUL, Nov 14- Samsung Electronics has agreed to buy Harman International Industries in an $8 billion deal, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean company. But it shows that under Jay Y. Lee, the company is changing and open to new ways to grow, "a...