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Mergers and Acquisitions Acquisitions

  • CNBC's Arjun Kharpal discusses Twitter's bid prospects, saying that Silicon Valley technology giants seem reluctant to buy the social media firm.

  • Twitter shares fall as takeover talks lose steam

    CNBC's Arjun Kharpal reports on why Twitter is struggling to attract acquisition interest.

  • BANGKOK, Oct 11- Thai Union Group PCL, the world's biggest producer of canned tuna, said it has bought a minority stake in U.S. seafood chain Red Lobster Seafood Restaurants in a $575 million deal to expand in the United States, its biggest market. Private equity firm Golden Gate Capital will remain Red Lobster's majority owner and retain operational control, Thai...

  • *Company looking to expand business in Europe. SINGAPORE, Oct 11- Hong Kong- based trader Winson Oil has bought a very large crude carrier to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. "The plan is to store gasoil and the ship will first travel to Singapore and eventually to the Mediterranean Sea as offshore...

  • China's Fosun International Ltd took that history to heart last year when it paid $1.84 billion for the remaining 80 percent stake of U.S. property and casualty insurer Ironshore Inc that it did not already own. But in December 2015, one month after Fosun completed the acquisition, it was approached by officials at the Committee on Foreign Investment in the...

  • Oct 10- Coca-Cola Co said it would exercise its right to buy Anheuser-Busch InBev's stake in Africa's biggest Coke drinks bottler, after the brewer's takeover of SABMiller. The Gutsche family that owns Coke Sabco owns the rest of the bottler, which has operations in 12 markets across Southern and East Africa. Coke's other bottling partners include Coca-Cola...

  • Chengdu Techcent Environment agreed last week to acquire assets in Germany's ALBA worth more than 300 million euros. China's Shanghai Electric Group bought German aviation equipment manufacturer BAW for HK $1.7 billion in August. China Three Gorges, which operates the world's largest hydropower plant on China's Yangtze river, will buy German offshore...

  • Oct 10- Thai Union Group PCL, the world's biggest producer of canned tuna, said on Monday it had bought a minority stake in U.S. seafood chain Red Lobster Seafood Restaurants for $575 million to expand in the United States, its biggest market. Private equity firm Golden Gate Capital will remain Red Lobster's majority owner and retain operational control, Thai...

  • TORONTO/ CALGARY, Oct 7- Suncor Energy Inc is weighing the sale of its Petro-Canada retail gasoline station business in order to monetize the asset, according to two sources familiar with the situation. Suncor, Canada's biggest energy company, may be able to draw a similar valuation, the sources said, which would peg the Petro-Canada retail gas stations at close to...

  • TORONTO/ CALGARY, Oct 7- Suncor Energy Inc is weighing the sale of its Petro-Canada retail gasoline station business in order to monetize the asset, according to two sources familiar with the situation. Suncor, Canada's biggest energy company, may be able to draw a similar valuation, the sources said, which would peg the Petro-Canada retail gas stations at close to...

  • SINGAPORE/ NEW YORK, Oct 7- Avolon Holdings, part of China's acquisitive HNA Group, is acquiring CIT Group's aircraft leasing assets worth $10 billion in a deal that will create the world's third-largest lessor in a rapidly consolidating sector. "When you have a depreciating currency and local industries are not showing strong growth, then aircraft leasing...

  • Oct 6- Pfizer Inc said on Thursday it would sell its global infusion therapy business, part of its $15 billion Hospira acquisition last year, to ICU Medical Inc for $1 billion in cash and stock. Pfizer had acquired the hospital infusion systems, which have annual sales of about $1.2 billion, through its purchase in September 2015 of Hospira, which sells generic...

  • Oct 6- Pfizer Inc said it would sell its global infusion therapy business, a part of its $15 billion Hospira acquisition last year, to ICU Medical Inc for $1 billion in cash and stock. Pfizer will receive $600 million in cash and nearly $400 million in newly issued shares of ICU Medical, giving the drugmaker a stake of about 16.6 percent in the company.

  • Google is having its own stab at social: Reporter

    CNBC's Arjun Kharpal explains why he thinks Google is unlikely to acquire the social media company Twitter.

  • I'm not convinced these companies will make the right choice: Strategist

    Valentijn van Nieuwenhuijzen, head of strategy, multi-asset, at NN Investment Partners, discusses why firms like Salesforce are acquiring tech companies.

  • SAN FRANCISCO, Oct 5- Shares of Twitter slumped 9 percent late on Wednesday after Recode reported that Google, owned by Alphabet, would not move forward with a bid to acquire the social network. Twitter has told potential buyers it wants to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, people familiar with the...

  • Oct 5- Teva Pharmaceutical Industries Ltd said on Wednesday it would sell Allergan Plc's generics business in the UK and Ireland to India's Intas Pharmaceuticals Ltd for 603 million pounds. The sale was part of Teva's deal with the European Commission to get approval for the acquisition of Allergan's generics business, called Actavis Generics.

  • Oct 5- Teva Pharmaceutical Industries Ltd said on Wednesday it would sell Allergan Plc's generics business in the UK and Ireland to India's Intas Pharmaceuticals Ltd for 603 million pounds. The sale was part of Teva's deal with the European Commission to get approval for the acquisition of Allergan's generics business, called Actavis Generics.

  • Elliott also said the new holding company should look at a possible all-stock merger with Samsung C&T Corp- the subsidiary that the New York hedge fund targeted in a heated shareholder battle last year. Samsung C&T is the defacto holding firm of the Samsung Group. Samsung C&T shareholders voted in favor of an all-stock takeover offer last July from Cheil...

  • Oct 5- Eli Lilly Co said on Wednesday it would buy German drugmaker Boehringer Ingelheim's U.S. pet vaccines business and a manufacturing plant for $885 million. Indianapolis- based Lilly will gain access to BI's Fort Dodge, Iowa- based plant, which is used for vaccine manufacturing as well as research and development. Jefferies is Lilly's financial adviser and...