SCMP Group did not identify the potential buyer. The announcement comes days after news reports that billionaire Jack Ma, the founder of Chinese e-commerce giant Alibaba, is interested in acquiring the South China Morning Post newspaper. Speculation about an Alibaba deal first emerged on Nov. 9 when the state-owned China Daily newspaper reported on a...» Read More
D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.
Michael Dell likely couldn't have known when he proposed taking his company private last year that he would trigger a three-way contest.
Dutch package delivery firm TNT Express said on Monday it will cut 4,000 jobs and focus on Europe after a failed $7 billion takeover by United Parcel Service.
As politicians in Cyprus scrambles to clinch a bailout deal to avert a collapse of its banking sector, Rosneft and BP finalized a deal to create the world's largest listed oil major, an agreement Rosneft's CEO hailed as "more important than the situation in Cyprus".
Eileen Nugent, Skadden, Arps, Slate, Meagher & Flom; and James Morphy, Sullivan & Cromwell, discuss management buyouts in big companies; and weigh in on the role of activist investors in mergers and acquisitions.
CNBC's Andrew Ross Sorkin talks with Mark Shafir, Citigroup co-head of global M&A, about targets, taxes and strategy in the area of mergers and acquisitions this year.
Yahoo is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites.
Greg Maffei, Liberty Media CEO, reveals the details of his company's 27 percent acquisition of Charter Communications for $2.6 billion.
Dell's core PC business is declining, reports CNBC's Jon Fortt. To make the company private under Michael Dell's plan would mean the company would take on about $15 billion in debt. Gerry Smith, Lenovo President of the Americas, weighs in.
A television consultant claims that former Vice President Al Gore and others at Current TV stole his idea to sell the struggling network to Al-Jazeera.
Richard Schulze's efforts to take over Best Buy, the struggling electronics retailer he founded nearly 47 years ago, have ended. The New York Times reports.
Following Warren Buffett's purchase of ketchup maker Heinz, investors are wondering what he might do next. Yet part of the challenge of trying to predict Mr Buffett's next move is that the way he invests has changed dramatically over time. The FT reports.
CNBC's Julia Boorstin reports Facebook will announce it will acquire a company called Atlas Solutions from Microsoft. The deal will be valued around $100 million.
Regulators have escalated an investigation into suspicious trades placed ahead of the $23 billion takeover of H. J. Heinz, focusing on a complex derivative bet routed through London, according to two people briefed on the matter. The New York Times reports.
Payment processor Total System Services said it will buy prepaid debit card provider NetSpend Holdings for about $1.4 billion in cash.
The surprise deal that saw Berkshire Hathaway and 3G Capital Management swoop in this with a $28 billion bid for ketchup maker H.J. Heinz came with an interesting wrinkle that links two burger giants.
Following a flurry of merger deals, billionaire investor Wilbur Ross explains that more takeovers are likely.
H.J. Heinz confirmed Thursday that it agreed to be acquired by Berkshire Hathaway and 3G for $28 billion.
Brian Roberts, Chairman & CEO of Comcast, discusses why he is "bullish" on recent business transactions, including buying GE's remaining 49% stake in NBCUniversal for $16.7 billion. "We've seen some early signs of turnaround and payoff for some of the investments we're making," he added. Both Comcast and GE stock were up on the announcement.
Todd Rethemeier, Hudson Square Research analyst, breaks down Comcast's fourth quarter earnings results, and weighs in on the news the company will be acquiring GE's remaining 49% stake in NBCUniversal for $16.7 billion, saying it's a "pretty good diversification strategy."