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Mergers and Acquisitions Acquisitions

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  • TOKYO, July 24- Japan's Meiji Yasuda Life Insurance Co said on Friday it has agreed to buy U.S.-based StanCorp Financial Group Inc for $5 billion, the latest multi-billion deal by acquisitive Japanese insurers. Meiji Yasuda, Japan's third-largest life insurer by premium revenue, has said previously it was looking for targets in the world's largest life...

  • July 23- Asset manager Ares Management L.P. said that it would buy Kayne Anderson Capital Advisors for $2.55 billion. Ares said that it will pay majority of the deal consideration with Ares Operating Group Units. The combined company would have $113 billion of assets under management, Ares said.

  • LONDON, July 23- Japanese media group Nikkei on Thursday agreed to buy the Financial Times from Britain's Pearson in a $1.3 billion deal that brings together two leading financial news organisations from Europe and Asia. The sale of the FT Group does not include its 50 percent stake in The Economist magazine or the London headquarters of the newspaper on the...

  • LONDON, July 23- Unilever expects a recent series of beauty deals to give its performance extra lustre while consumer demand remains weak for staple products from soup to soap. The wisdom of the transition was evident on Thursday when Unilever reported better-than-expected second-quarter sales, fueled by gains of 3.3 percent and 5.9 percent for its personal...

  • Japan's Nikkei to buy Financial Times: Report Thursday, 23 Jul 2015 | 10:13 AM ET
    Japan's Nikkei to buy Financial Times: Report

    Japan's Nikkei newspaper will become the new owner of the Financial Times. CNBC's Carl Quintanilla reports.

  • *Syngenta CEO says sees no need for deal. ZURICH, July 23- Syngenta and unwanted suitor Monsanto squabbled over an earnings report from the Swiss pesticides maker on Thursday, with both sides claiming it strengthened their case in a $45 billion takeover battle. Monsanto wants to combine its world-leading seeds business with Syngenta's own seeds and pesticides.

  • Wal-Mart's move also comes after China said last month it will allow full foreign ownership of some e-commerce businesses, with the goal of encouraging foreign investment and the development and competitiveness of the sector. "1/ 8 Yihaodian's 3/ 8 local experience, combined with Walmart's global sourcing and our strong local retail presence and supply chain...

  • ISTANBUL, July 22- HSBC is set to agree to sell its Turkish business to Dutch lender ING Group for around $700 million- $750 million in the next few days, two people familiar with the matter told Reuters on Wednesday. Acquiring HSBC's business would allow ING to roughly double its around $15 billion of assets in Turkey, putting it on better footing in a highly...

  • St. Jude Medical adds more heart devices in $3.4B buy Wednesday, 22 Jul 2015 | 7:35 AM ET

    NEW YORK— St. Jude Medical will spend $3.4 billion in cash to acquire Thoratec, further bulking up its array of devices that are used to treat heart conditions. Thoratec's key product is an implantable device that helps patients' hearts pump more blood. Thoratec Corp. will be required to pay a termination fee of about $30 million if it backs out of the deal during the...

  • July 21- Oilfield services provider Baker Hughes Inc, which is being acquired by larger rival Halliburton Inc, said it expects unfavorable market conditions to persist for the rest of the year. "In North America, we don't anticipate activity to increase while commodity prices remain depressed," Baker Hughes Chief Executive Martin Craighead said in a statement...

  • Horizon Pharma raises offer for Depomed Tuesday, 21 Jul 2015 | 7:12 AM ET

    July 21- Ireland- based Horizon Pharma Plc said it raised its offer to buy smaller drugmaker Depomed Inc to $33 per share, contingent on Depomed agreeing to start takeover talks. Horizon raised its offer by 12.8 percent from its earlier bid of $29.25 per Depomed share. Horizon Pharma took that offer hostile after Depomed refused to engage in talks.

  • *Bonduelle in talks with Centerview to buy Green Giant-sources. July 21- French food group Bonduelle SCA is in discussions to team up with Centerview Partners in a bid to acquire General Mills Inc's Green Giant frozen and canned vegetable business, according to people familiar with the matter. General Mills and Centerview declined to comment.

  • WASHINGTON, July 20- Lockheed Martin Corp said Monday it would buy Black Hawk maker Sikorsky Aircraft from United Technologies Corp for $9 billion, cementing Lockheed's dominance in weapons making. The Pentagon's largest supplier called Sikorsky a "national icon" and said the net cost of the deal was around $7.1 billion, taking into account tax benefits.

  • July 20- France's Faurecia SA is set to explore a sale of its bumpers business, which may be worth about $450 million, Bloomberg reported on Monday, citing sources. The company, majority owned by PSA Peugeot Citroen, has also hired Citigroup Inc to work on a potential dispute, Bloomberg reported on its website. Faurecia, which has been considering a sale for about...

  • July 20- Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, First Eagle announced on Monday. Under the terms of the deal, private equity firm TA Associates is selling its entire stake in First Eagle and the family of...

  • July 20- Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, according to people familiar with the matter. New York- based First Eagle manages approximately $100 billion in investment assets. Private equity firm TA...

  • July 20- Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit as costs cuts helped offset the impact of a steep drop in drilling activity. The company also said it was "fully committed" to completing its takeover of smaller rival Baker Hughes Inc, after the U.S. Department of Justice extended its review of...

  • Lockheed to buy Sikorsky for over $9B Monday, 20 Jul 2015 | 8:00 AM ET
    Lockheed to buy Sikorsky for over $9B

    Lockheed is buying United Technologies' Sikorsky united for over $9 billion.

  • HARTFORD, Conn.— Lockheed Martin will acquire Black Hawk helicopter maker Sikorsky Aircraft for $9 billion as it seeks greater access to the military and commercial helicopter market. United Technologies Corp. said in June it planned to shed Sikorsky so that the aerospace and building systems conglomerate could better focus on high-technology systems for...

  • July 17- Canadian drugmaker Valeant Pharmaceuticals International Inc said it would buy Egypt's largest drugmaker, Amoun Pharmaceutical, for about $800 million. Valeant said it expects the acquisition of privately held Amoun to help expand in the Middle East and North Africa. Valeant, which built its portfolio through buying up smaller drugmakers, signed...