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Mergers and Acquisitions Acquisitions

  • *HNA agrees to buy 25 pct stake for $26.25/ shr. Oct 24- China's aviation and shipping giant HNA Group extended its push into hotels and Chinese tourism on Monday, paying $6.5 billion to buy a 25 percent stake in Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP. Their spending at home and abroad is expected to hit $72 billion this year,...

  • Oct 24- Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in a marine terminal company for $1.15 billion. Buckeye Partners said on Monday that the other 50 percent in VTTI B.V. will continue to be held jointly by Vitol, the world's largest oil trader, and...

  • Oct 24- Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. HNA Group will buy the stake for $26.25 per share, representing a premium of 14.6 percent to Hilton's closing price on Friday and...

  • *Berlin concerned over series of deals for German tech firms. The government had cleared the deal on Sept. 8 but Aixtron said on Monday that the Economy Ministry had now cancelled the clearance certificate for Fujian Grand Chip Investment Fund LP, a Chinese investment fund controlled by businessman Zhendong Liu, and planned to reopen a review of the takeover.

  • TD Ameritrade to buy Scottrade in adeal with TD Bank

    The deal valued at $4-billion would combine two of the biggest discount brokerages in the US.

  • Oct 24- Chinese aviation and shipping conglomerate HNA Group said it would buy a stake of about 25 percent in hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. The deal comes after China's Anbang Insurance Group Co abandoned its pursuit of Hilton rival Starwood Hotels& Resorts Worldwide...

  • Oct 24- Chinese aviation and shipping conglomerate HNA Group said on Monday it agreed to buy an about 25 percent stake in Hilton Worldwide Holdings Inc from Blackstone Group LP for $6.5 billion. HNA is buying the stake at $26.25 per share, representing a premium of 14.6 percent to Hilton's closing price on Friday. Blackstone's holding in Hilton will be reduced to...

  • TimeWarner must be pretty confident to go ahead with this deal

    Alex Tarrant, assistant editor at Dealreporter Europe, discusses AT&T's recent deal to buy Time Warner.

  • The acquisition, which is expected to be completed next spring, allows both companies to sell to each other's customers and to deploy Rockwell's capability with onboard connectivity to make internet-enabled seats, galleys, lavatories and other cabin systems that B/E Aerospace provides. B/E Aerospace plans to use Rockwell's dealer network and...

  • NEW YORK, Oct 21- General Electric Co can build its 3 D printing capability without buying Germany's SLM Solutions and does not need to increase its takeover offer in light of opposition from a major shareholder, GE Chief Financial Officer Jeff Bornstein said on Friday. GE refused on Friday to extend or change its 38- euro- a-share offer for SLM after activist...

  • Oct 21- Qualcomm Inc is nearing a deal to acquire NXP Semiconductors NV for around $37 billion, a person familiar with the matter said on Friday, as the U.S. company seeks to expand the reach of its chips from phones to cars. The acquisition of NXP by Qualcomm for $110 per share in cash could be announced within days, although there is always a possibility of a...

  • *Deal brings together Newport, Lucky Strike, Pall Mall brands. LONDON, Oct 21- British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. It would also give the British company- which has...

  • *China turnover shrinks 12 percent. STOCKHOLM, Oct 21- Sweden's Assa Abloy, the world's biggest lockmaker, said on Friday it had fired several executives at acquired companies in China after discovering they had inflated sales figures for 2015.. Assa Abloy reported sales of 5 billion crowns in China last year.

  • Reynolds stock smoking hot after $47B BAT offer

    Shares of Reynolds American spike after British American Tobacco offers to buy the rest of the tobacco company.

  • *Deal brings together Newport, Kent and Pall Mall brands. LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal that would bring together Newport, Kent and Pall Mall cigarettes in the world's biggest listed tobacco company. The British group, which has a 42 percent stake in Reynolds, said its offer...

  • A pile of Benson & Hedges Gold cigarettes, produced by British American Tobacco Plc.

    British American Tobacco has offered to buy Reynolds American Inc. in a $47 billion cash-and-stock deal.

  • LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal that would bring together Newport, Kent and Pall Mall cigarettes in the world's biggest listed tobacco company. The British group, which has a 42 percent stake in Reynolds, said its offer valued the company's shares at $56.50, of which $24.13...

  • LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal bringing together Newport, Kent and Pall Mall cigarettes to create the U.S. market leader. The British group, which has a 42 percent stake in Reynolds, said its offer valued the company's shares at $56.50, of which $24.13 would be in cash and...

  • Carlos Ghosn, chairman and chief executive officer of Renault and Nissan Motor, left, shakes hands with Osamu Masuko, chairman and chief executive officer of Mitsubishi Motors, as they pose for a picture a during a news conference in Tokyo, Japan, on Thursday, Oct. 20, 2016.

    Nissan CEO, Carlos Ghosn, outlined to CNBC how he planned to help Mitsubishi Motors rebuild its image, following its most recent scandal.

  • NEW YORK, Oct 20- Bullish options on Varian Medical Systems Inc stock saw unusually heavy buying on Thursday before the shares spiked on an unsubstantiated report that General Electric could be in talks with the medical devices company about a possible takeover. Roughly 2,100 Varian Medical Systems call contracts betting on the shares rising above $100 by...