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Mergers and Acquisitions Acquisitions

  • WPP either in line with expectations or better

    Tom Singlehurst, director and head of the European media team at Citigroup, weighs in on WPP's third-quarter data.

  • Singapore's largest bank, DBS Group, is buying ANZ's retail banking and wealth management units in five Asian countries.

  • *Cuts operating profit outlook to Y270 bln vs Y309 bln estimate. TOKYO, Oct 31- Sony Corp cut its annual profit outlook due to losses related to the sale of its battery business- disappointing a market that had been hoping for an upward revision on buoyant sales momentum for PlayStation 4 and the launch of its virtual reality headset. Sony now expects to post 270...

  • TOKYO, Oct 31- Sony Corp said on Monday it was cutting its annual profit outlook due to impairment losses related to the sale of its battery business to Murata Manufacturing Co.. The consumer electronics giant now expects to post 270 billion yen in operating profit for the year ending in March, down 30 billion yen from its previous forecast made in July.

  • Buying growth has become key to growing business: Panmure

    The U.K. M&A market is heating up, as a weaker sterling makes British businesses look like a bargain. Panmure Gordon Head of M&A, Karri Vuori, weighs in.

  • According to the first person, who requested anonymity because the plan remains under analysis, an initial public offering of Intermédica could help Boston- based Bain Capital recoup part of the investment it made on the acquisition of the company and prepare for new deals. By selling a piece of the company to investors in an IPO, Bain Capital wants to...

  • GE in talks with Baker Hughes

    Steven Winoker, Bernstein senior analyst, weighs in on partnership talks between General Electric and Baker Hughes and what it potentially means for both companies.

  • *Qualcomm offers $110 per NXP share, premium of 11.5 pct. Oct 27- Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. "The pace of innovation in automobile and IoT will increase dramatically...

  • *Qualcomm offers $110 per NXP share, premium of 11.5 pct. Oct 27- Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. "The pace of innovation in automobile and IoT will increase dramatically...

  • MADRID, Oct 27- Spanish telecoms group Telefonica, under pressure to reduce its debt after the sale of its British mobile business O2 UK was blocked by regulators, said on Thursday it was cutting its dividend to enable it to speed up repayment of loans. In line with that policy, the company said it would not list its British mobile subsidiary O2 UK in 2016, and would...

  • Oct 27- Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever semiconductor industry deal, expanding the reach of its chips from phones to cars. San Diego- based Qualcomm, which gets most of its profit from wireless patents it licenses to the mobile industry, has been facing slowing smartphone sales and stiff competition from...

  • Oct 27- Qualcomm Inc said on Thursday it agreed to buy NXP Semiconductors NV for about $47 billion, including debt, as it seeks to expand the reach of its chips from phones to cars. Qualcomm said it would offer $110 per share in cash, a premium of 11.5 percent to NXP Semiconductor's Wednesday's close. The equity value of the deal is $37.88 billion, according to Reuters...

  • BRASILIA, Oct 27- Brazilian miner Vale SA will go ahead with the sale of its fertilizer business after its board of directors gave its approval, the newspaper Valor Economico reported on Thursday. Reuters reported on Oct. 5 that Brazil's global mining company was negotiating the sale of the business with Mosaic and Yara for at least $3.6 billion.

  • Qualcomm to buy NXP for $110 per share

    Qualcomm has announced a deal to buy rival semiconductor maker NXP, reports CNBC's Joe Kernen.

  • Oct 26- Salesforce.com Inc Chief Executive Officer Marc Benioff spoke on Wednesday about a pair of key acquisitions that got away, suggesting his vision for LinkedIn Corp was different from Microsoft Corp's and that he would have pursued Twitter Inc if shareholders had not learned of his plans. Speaking at a technology conference hosted by the Wall Street...

  • Oct 26- Salesforce.com Inc Chief Executive Marc Benioff spoke on Wednesday about a pair of key acquisitions that got away, suggesting his vision for LinkedIn was different from Microsoft's and that he would have pursued Twitter if shareholders had not learned of his plans. Speaking at a technology conference hosted by the Wall Street Journal in Laguna Beach,...

  • Oct 26- A Verizon Communications Inc executive said the acquisition of Yahoo Inc still makes sense, but the telecommunications company needs more information about the email provider's massive breach of accounts. Speaking at a tech conference hosted by the Wall Street Journal in Laguna Beach, California, Marni Walden, an executive vice president at Verizon,...

  • Oct 26- Dr Pepper Snapple Group Inc is in talks to acquire Bai Brands LLC, people familiar with the matter said on Wednesday, a move that would break its track record of only investing small stakes in growth drinks brands. Dr Pepper Snapple may be willing to value Bai at more than $1.5 billion, one of the people said. It was founded in 2009 by entrepreneur Ben Weiss, who...

  • Nasdaq net income in the third quarter dropped 5.1 percent to $131 million, or 77 cents per diluted share, compared to $138 million, or 80 cents per diluted share, a year earlier, it said. The New York- based company also bought Canadian stock trading venue CXC and news distribution company Marketwired in February. Nasdaq rival Bats Global Markets is being acquired...

  • NEW YORK, Oct 26- Hearst said on Wednesday that it is acquiring aviation software firm Camp Systems, in a deal that will boost the storied media firm's investments in the transportation sector. Sources familiar with the matter said the deal valued the company at roughly $2 billion, including debt. Camp, based in New Hampshire, is owned by Chicago- based private...