July 22- Silver Run Acquisition Corp, run by energy industry veteran Mark Papa, said on Friday it had taken a controlling stake in oil producer Centennial Resource Development LLC, with plans to develop its acreage in the Permian basin of Texas. Energy-focused private equity firm Riverstone Holdings LLC, which is Silver Run's sponsor, took a controlling stake in... » Read More
Feb 4- Real estate investment trust Hersha Hospitality Trust said it would sell seven hotels in Manhattan to a joint venture it will set up with China's Cindat Capital Management Ltd for $571.4 million. The hotels include Holiday Inn Express Times Square and Holiday Inn Wall Street. Cindat will hold a 70 percent stake in the joint venture, while Hersha will have a...
DUBAI, Feb 4- An investment firm led by one of Dubai's top businessmen, Mohamed Alabbar has agreed to buy a controlling stake worth $1.7 billion in Kuwait Food Co, from Kuwait's al-Kharafi family. Americana, which owns the Middle East franchises for popular fast food chains KFC and Pizza Hut as well as producing a range of branded consumer foods for markets...
CLSA U.S. Managing Director and beverage analyst Caroline Levy discusses the timing of Keurig's $13.9B buyout, and whether investors overpaid at a 75 percent premium.
Pearson, fresh from agreeing the sale of the Financial Times newspaper, said on Wednesday it would sell its 50 percent stake in the Economist Group to its existing investors.
Ed Ponsi, Managing Director at Barchetta Capital Management, believes the common currency will remain in the 1.05-1.13 range against the greenback.
Brent Saunders, Actavis CEO, discusses how Actavis is leading the way in growth pharma and talks about its M&A strategy.
Brian Whiteman, GrooveBook founder; discusses how he got the idea to start his photobook company. And Jeffrey Housenbold, Shutterfly president & CEO, shares his outlook for GrooveBook.
Discussing Shutterfly's $14.5 million acquisition of "Shark Tank" backed GrooveBook, with Brian Whiteman, GrooveBook founder; Jeffrey Housenbold, Shutterfly president & CEO, and Kevin O'Leary, "Shark Tank" investor.
Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.
CNBC's David Faber reports Family Dollar has rejected Dollar General's revised buyout bid over antitrust issues.
French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.
Shares of Coca-Cola are spiking. CNBC's Becky Quick provides insight to Warren Buffett denying money manager David Winters' reported comments speculating that Coca-Cola could be taken private.
21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.
BlackBerry on Monday moved to oust CEO Thorsten Heins and jettisoned a buyout by Fairfax Financial in one fell swoop.
In an exclusive interview, CNBC's Maria Bartiromo talks with Michael Dell, Dell chairman & CEO, about his long, drawn out buyout battle to take his company private and how he plans to turnaround the PC maker. (Note: During this interview, Mr. Dell misspoke when he said the company had generated $22 billion in cash flow in the last 5 quarters. He meant to say years, according to the company.)
CNBC's Jackie DeAngelis reports a majority of Dell's shareholders voted to approve Michael Dell's plans to take the tech giant private.
CNBC's David Faber reports preliminary results show Dell shareholders are in favor of a buyout by a margin of 65% to 35%.
In a $130 billion cash and stock deal, Verizon will buy out Vodafone's 45 percent stake in the wireless carrier. CNBC's Kayla Tausche reports many investors view the deal as a positive sign for the companies, but that "it's not a done deal."
The court has denied Carl Icahn's push to fast track the lawsuit against the Dell buyout, with CNBC's Jackie DeAngelis.
Jonathan Geller, BGR.com editor-in-chief, discusses what's troubling the smartphone maker and why the company is likely shopping around for a potential buyout. Geller also provides his thoughts on what Apple's new iPhone might include when it debuts next month.