Mergers and Acquisitions Acquisitions

  • CHICAGO, Aug 17- A U.S. judge on Wednesday suggested the casino operating unit of Caesars Entertainment Corp ask its parent's private equity sponsors for money to fund a plan to exit its contentious $18 billion bankruptcy. Apollo Global Management LLC and TPG Capital Management LP formed the Caesars casino holding company in a 2008 buyout and the three groups...

  • *Parties have not signed non-disclosure deal- sources. FRANKFURT, Aug 17- U.S. seed company Monsanto has given German suitor Bayer AG limited access to its books after turning down a sweetened $64 billion takeover offer last month, two sources familiar with the situation told Reuters. Monsanto remains in talks with Bayer and other parties about potential...

  • *Parties have not signed non-disclosure deal- sources. FRANKFURT, Aug 17- Monsanto has given German suitor Bayer limited access to its books after turning down a sweetened $64- billion takeover offer last month, two sources familiar with the situation told Reuters. Bayer shares pared earlier losses to trade 2 percent lower at 95.95 euros by 1507 GMT.

  • BERLIN, Aug 17- Germany's economy ministry said it would allow the takeover of industrial robot maker Kuka by Chinese household appliances company Midea Group which has raised concerns in Berlin about losing control of important technology. Midea said on Aug. 8 it held 94.55 percent of Kuka shares. Economy Ministry Sigmar Gabriel intended to continue a...

  • Great white shark, catching prey, big banks

    Walmart's $3.3 billion acquisition of Jet.com can be expected to sail through antitrust review, the New York Times reports.

  • Aug 16- Cintas Corp, which provides uniforms and related services to a variety of industries, said it would buy smaller rival G&K Services Inc for about $2.2 billion, including debt, to strengthen its presence in North America. G&K shares jumped as much as 18.5 percent to a record high of $97.35, just shy of Cintas's all-cash offer of $97.50 per share.

  • BALTIMORE— From sports apparel to waterways. The founder of Under Armour is looking to acquire the company that runs Baltimore's water taxis. Demian Costa, managing partner of Plank's private firm Sagamore Ventures, says the purchase is expected to close in the next 30 days.

  • *Deal would create No.1 player with value above $60 billion. Aug 16- U.S. industrial gas supplier Praxair Inc is in early-stage talks to acquire German peer Linde AG and create a market leader with a value of more than $60 billion, a person familiar with the matter said, sending shares in Linde higher. Shares in Linde jumped 5 percent to an eight-month high at 146.30...

  • Morgan Stanley headquarters in New York.

    Hedge fund ValueAct took a fresh Morgan Stanley stake, but the activist investors weren't necessarily angling for major changes at the bank.

  • Representatives for Danbury, Connecticut- based Praxair and Munich, Germany- based Linde could not be immediately reached for comment. The deal would represent a serious challenge to France's Air Liquide, which acquired U.S. peer Airgas Inc earlier this year for $10.3 billion in a bid to expand into the United States, the largest market for industrial gasses.

  • Aug 15- Concho Resources Inc said on Monday it would acquire about 40,000 net acres in the core of Midland Basin in Texas for about $1.63 billion from privately held Reliance Energy. The purchase is part of Concho's plans to expand its core Midland Basin acreage to over 150,000 net acres and production of 30,000 barrels of oil equivalent per day.

  • Aug 15- Concho Resources Inc said on Monday it would acquire about 40,000 net acres in the core of Midland Basin in Texas for about $1.63 billion from privately held Reliance Energy.

  • WASHINGTON— The water treatment company Xylem is acquiring smart meter maker Sensus for $1.7 billion in cash as it pushes into emerging markets. Sensus is owned by investment funds affiliated with The Jordan Company and GS Capital Partners 2000. Shares of Xylem Inc. rose more than 3 percent in morning trading, to almost $50 a share.

  • *Move comes ahead of Aug. 26 AGM. FRANKFURT, Aug 15- German drugmaker Stada, which is facing pressure from activist investors to overhaul its leadership, said long-serving Chief Executive Hartmut Retzlaff, who took sick leave in June, had resigned on Monday. Another activist investor, Guy Wyser-Pratte, who has acquired a stake in Stada, said last month that buyout...

  • NEW YORK— Mid-America Apartment Communities Inc. is buying rival real estate investment trust Post Properties in a deal worth about $3.9 billion. Using MAA's Friday closing price of $102.15, that would mean Post Properties shareholders would receive about $72.53 for each share they own. Shares of Atlanta- based Post Properties Inc. jumped more than 12...

  • BERLIN— Pharmaceutical supplier Lonza of Switzerland says it is buying InterHealth Nutraceuticals, Inc., a California- based company that makes ingredients for use in dietary supplements, in a deal worth up to $300 million. Lonza said Monday that the deal is expected to close in September and will have an immediate positive impact on its earnings.

  • NEW YORK, Aug 15- U.S. water technology company Xylem Inc is nearing a deal to acquire Sensus USA Inc, a provider of advanced metering technologies to utilities, for around $1.7 billion, including debt, according to people familiar with the matter. Buyout firm Jordan Company, in partnership with Goldman Sachs Group Inc's private equity arm, acquired the company for...

  • LONDON, Aug 12- Cadbury chocolate owner Mondelez International is to buy the license to sell Cadbury branded biscuits around the world from Burton's Biscuit Co, the U.S. company said on Friday. "The transaction will help us to unify and expand our global Cadbury biscuits portfolio in key markets and enable us to explore delicious new products by using the best of...

  • LONDON, Aug 12- Cadbury chocolate owner Mondelez International is to buy the licence to sell Cadbury branded biscuits around the world from Burton's Biscuit Co, the U.S. company said on Friday. "The transaction will help us to unify and expand our global Cadbury biscuits portfolio in key markets and enable us to explore delicious new products by using the best of...

  • Investment banking fees and M&A activity hit a low post-Brexit

    Hilary Wilson, business development manager of investment banking strategy division at Dealogic, discusses M&A activity since the Brexit vote.