Mergers and Acquisitions Acquisitions

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  • *UK referendum result battered bank shares. LONDON, July 11- Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship finance business, with potential suitors backing off, partly because of the British vote to leave the European Union, sources told Reuters. Britain's June 23 vote has raised the risk of recession and earnings downgrades that...

  • *UK referendum result battered bank shares. LONDON, July 11- The Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship finance business, with potential suitors backing off, partly due to the British vote to leave the European Union, sources told Reuters. Britain's June 23 vote has raised the risk of recession and earnings downgrades that...

  • Virgin Atlantic Airways will buy eight A-350-1000s from Airbus in deal that also involves four new aircraft on lease terms. "The A350-1000 plays a pivotal role in our fleet program, helping to create one of the youngest, cleanest, greenest fleets in the sky," said Virgin Atlantic CEO Craig Kreeger. Boeing and Standard Chartered Bank announced that the financial...

  • July 8- Video conferencing equipment maker Polycom Inc said it agreed to be bought by a private equity firm for about $1.7 billion, scrapping a three-month old deal with Canada's Mitel Networks Corp.. The private equity firm, Siris Capital Group, offered $12.50 a share in cash for Polycom, representing a premium of 15 percent to Polycom's close on Thursday.

  • July 8- Video conferencing equipment maker Polycom Inc said it agreed to be bought by a private equity firm for about $1.7 billion, scrapping a three-month old deal with Canada's Mitel Networks Corp.. The private equity firm, Siris Capital Group, offered $12.50 a share in cash for Polycom, representing a premium of 15 percent to Polycom's close on Thursday.

  • July 7- The U.S. Department of Justice has significant concerns about Aetna Inc's proposed acquisition of health insurer Humana Inc, a source familiar with the situation said on Thursday, sending shares of Humana down as much as 11 percent. Aetna's purchase of Humana would combine two of the largest providers of Medicare Advantage plans for elderly people, and...

  • July 7- The U.S. Department of Justice has significant concerns about Aetna Inc's proposed acquisition of health insurer Humana Inc, a source familiar with the situation said on Thursday, and shares of Humana fell more than 11 percent. Aetna's purchase of Humana would combine two of the largest providers of Medicare Advantage plans for elderly people, and...

  • July 7- The U.S. Department of Justice has significant concerns about Aetna Inc's proposed acquisition of health insurer Humana Inc, a source familiar with the situation said on Thursday, and shares of Humana fell more than 11 percent. Antitrust regulators are mainly focused on whether the deal would limit consumer choices for Medicare Advantage health plans...

  • John Malone chairman of Liberty Media

    On the heels of completing a combination of two of his investments Liberty Global Chairman John Malone took a moment to chat.

  • PARIS, July 7- France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co for $10.4 billion in its largest acquisition since 2007.. The purchase will help Danone pursue affluent consumers by adding WhiteWave's popular health food offerings such as Silk almond milk, Earthbound Farm organic...

  • PARIS, July 7- France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co in a deal worth $12.5 billion, including some $2.1 billion of debt and "other" liabilities. The purchase will help the French company to pursue affluent consumers by adding WhiteWave's popular health food offerings such...

  • Danone boosts healthy food portfolio with new deal

    Danone, the world's largest yogurt maker, is to buy WhiteWave Foods. Robert Waldschmidt, head of consumer research at Liberum, discusses the acquisition.

  • Danone to acquire WhiteWave Foods

    Jon Cox, head of European consumer equities at Kepler Cheuvreux, comments on the deal and how it may benefit the world's biggest yoghurt maker.

  • July 6- Dominion Diamond Corp, Canada's biggest publicly traded diamond miner, is keeping an eye out for acquisitions in Canada where some prospects are "very encouraging," its chief executive said on Wednesday. Dominion, which owns stakes in two of Canada's biggest diamond mines, Ekati and Diavik, is looking for a new chief financial officer who has been involved...

  • ventilation unit

    Nortek's stock spiked nearly 40 percent after entering a $2.8 billion merger deal with Melrose Industries.

  • HONG KONG, July 6- China Vanke Co Ltd's largest shareholder has nudged up its stake after a setback in its efforts to oust the property developer's board, fanning speculation of a rare hostile takeover bid for a mainland Chinese company. Baoneng built up a holding of about 24 percent last year and fearing a hostile bid, Vanke's management last month announced a...

  • BANGKOK, July 5- Thai Union Group Plc, the world's largest canned tuna producer, said on Tuesday it would buy a majority stake in Canadian lobster processor Les Pecheries de Chez Nous for an undisclosed amount. Francois "Frankie" Benoit, the existing owner and chief executive of Chez Nous, will retain a minority share in the company which had sales of about C $50...

  • Deal-making in the U.K. suffered due to uncertainties in the lead up to, and surrounding, Britain's decision to quit the EU, according to a report.

  • Open to European acquisitions: Tencent’s Lau

    Does Tencent have its eye on future acquisitions in Europe? Its senior executive vice president, Sy Lau weighs in.

  • HOUSTON, July 1- U.S. refiner PBF Energy took ownership on Friday of a Los Angeles- area refinery purchased from Exxon Mobil Corp for $537.5 million, clearing the way for it to focus on further North American acquisitions. The takeover of the Torrance, California facility makes PBF the fourth largest independent U.S. refiner and expands its footprint from coast to...