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Mergers and Acquisitions Acquisitions

  • *Intel offers $63.54 per share in cash. JERUSALEM, March 13- U.S. chipmaker Intel agreed to buy driverless car-technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54- per-share cash deal marks the largest purchase of a company solely...

  • JERUSALEM, March 13- U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel's history and the largest purchase of a company...

  • Intel's MobilEye buy a 'fabulous deal': Cramer

    The "Squawk on the Street" crew talk about Intel's $15 billion acquisition of MobilEye and why the autonomous car space is the place to be.

  • Intel Corp. said Monday that it will spend more than $15 billion to acquire Israel's Mobileye NV, a software maker that processes the information cars see from cameras and sensors. Nokia Corp. sold HERE to German automakers Daimler AG, BMW AG and Audi AG in 2015 for $3.1 billion. —BMW teamed up with Intel and Mobileye in July 2016 to build and commercialize...

  • BRUSSELS— The European Union has cleared German conglomerate Siemens' planned acquisition of Spain- based wind turbine maker Gamesa. The EU's executive Commission said Monday that the deal "raises no competition concerns, because a number of credible competitors would remain in the market." It plans to merge its own wind business with Gamesa, and the combined...

  • CNBC's Jon Fortt reports the latest details on Intel's acquisition of MobilEye in deal worth about $15.3 billion.

  • Part of the Mobileye driving assist system is seen on the dashboard of a vehicle during a demonstration for the media in Jerusalem.

    The "Squawk Box" crew discusses news of the imminent takeover deal which has not yet been confirmed.

  • Lot of enthusiasm for

    CNBC's Gemma Acton discusses news that Wood Group has offered to buy Amec Foster Wheeler for £2.2 billion.

  • M&A talk is ‘healthy sign in the market’: Pro

    Julian Howard, head of multi-asset solutions at GAM, discusses recent M&A talk in the market and what this means for making money out of deals.

  • New details of CEFC's attempts to buy a refinery in China come less than three weeks after the little-known Shanghai- based firm announced its first major upstream oil investment, a $900 million deal for a 4 percent stake in an Abu Dhabi oilfield. Chairman Ye Jianmin told a board meeting last July that CEFC aims to become a second Sinopec- China's second-biggest...

  • FRANKFURT/ HONG KONG, March 9- China's Shanghai Fosun Pharmaceutical is planning a bid for German generic drugmaker Stada, already the centre of a 3.6 billion euro takeover battle between two private equity consortia, two people close to the matter said. Fosun Pharma is also holding early-stage talks with buyout funds including CVC about a potential joint bid,...

  • March 8- Canadian auto parts maker Linamar Corp on Wednesday reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet SA last year. Net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • SAO PAULO, March 8- U.S. buyout firm Advent International Corp has acquired a minority stake in Brazilian online broker Easynvest for an undisclosed sum, the companies said in a statement on Wednesday. Advent is betting on an expected increase in the use of online trading platforms in Brazil, with younger professionals more willing to invest part of their...

  • March 8- Canadian auto parts maker Linamar Corp reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet S.A last year. The company's net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • PARIS, March 8- French waste and water group Suez and Canadian fund Caisse de dépôt et placement du Québec will buy GE Water from General Electric for an enterprise value of 3.2 billion euros, Suez said in a statement. The industrial water market is worth about 95 billion euros globally and grows by about 5 percent per year, he said. It said its main shareholders,...

  • LONDON/ FRANKFURT, March 8- French drug maker Sanofi is looking to hire advisers for the sale of its European generic drug business by the end of the month, sources told Reuters, ahead of an auction process which is set to start after the summer. Bankers have been vying for a mandate for the past 18 months since Sanofi boss Olivier Brandicourt took charge of the French...

  • *Company investing in parcel network across Europe. Deutsche Post DHL is expanding its parcel network across Europe, after buying a stake in Relais Colis in France and acquiring UK Mail in Britain, and has repeatedly shrugged off moves by customer Amazon.com to invest in its own delivery capabilities.. Europe's biggest postal group, which is also trialling new...

  • March 7- Brookfield Asset Management Inc said on Tuesday it would buy one of the two "yieldcos" of bankrupt U.S. solar company SunEdison Inc and take a 51 percent stake in the other, for a total of about $1.41 billion. TerraForm Global owns or has contracts to acquire 952 megawatts of wind and solar power in Brazil, India, China, South Africa, Thailand, Malaysia and...

  • GM risk throwing the baby out with the bathwater

    Fiat Chrysler CEO Sergio Marchionne reacts to GM's sale of Opel to PSA, and adds that VW has "done a good job of managing a multi-brand environment."

  • BERLIN, March 6- Hotels group Marriott International is planning to speed up the expansion of brands acquired in the takeover of rival Starwood, and is not ruling out further additions to its portfolio, its chief executive said on Monday. "We are concerned about whether national policies around travel roll out in a way that is harmful to our business and economies,"...