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Acquisitions

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  • NEW YORK, July 11- General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom.

  • Whirlpool buys big stake in Italy's Indesit Friday, 11 Jul 2014 | 6:54 AM ET

    BENTON HARBOR, Mich.— Whirlpool will pay more than $1 billion for a controlling stake in Indesit, the appliance maker's counterpart in Italy. The deal announced Friday will put the U.S. company in possession of shares representing 66.8 percent of Indesit's voting stock.

  • Imperial in talks over Reynolds, Lorillard brands Friday, 11 Jul 2014 | 6:08 AM ET

    RICHMOND, Va.— Imperial Tobacco Group PLC says it's in discussions with U.S. cigarette makers Reynolds American Inc. and Lorillard Inc. to acquire some of their brands and assets amid talks of a possible merger.

  • LONDON, July 11- Imperial Tobacco, the world's fourth-largest tobacco group, said on Friday it was in talks with Reynolds and Lorillard to acquire certain assets and brands that could be sold by the two companies. Reynolds and Lorillard are in advanced talks about a deal that would merge the No.2 and No.3 U.S. cigarette makers, Reuters has previously reported.

  • *CIMB aims to acquire RHB and Malaysia Building Society. KUALA LUMPUR, July 10- Malaysia's CIMB Group Holdings Bhd is seeking to acquire two lenders to create the country's biggest bank in a move that is likely to push larger rival Maybank and others in the region to bulk up too.

  • *CIMB aims to acquire RHB and Malaysia Building Society- source. KUALA LUMPUR, July 10- Malaysia's CIMB Group Holdings Bhd is seeking to acquire two lenders to create the country's biggest bank, a source familiar with the deal said, a move that is likely to push larger rival Maybank and others in the region to bulk up too.

  • *CIMB, RHB and Malaysia Building Society to seek merger- reports. KUALA LUMPUR, July 10- CIMB Group Holdings Bhd, Malaysia's second largest bank, is seeking to acquire two other lenders to create the country's biggest bank, media reports said.

  • Ahead of the Bell: Salix Pharma to buy Cosmo Tech Wednesday, 9 Jul 2014 | 8:37 AM ET

    Shares of Salix Pharmaceuticals fell Wednesday before markets opened and a day after it announced plans to become the latest U.S. company to incorporate overseas and lower its taxes. Last month, U.S. medical device maker Medtronic Inc. said that it agreed to buy Ireland- based competitor Covidien for $42.9 billion in cash and stock.

  • *AbbVie retracts claim that Shire investors support bid. LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its $51 billion bid for Shire after being caught out by British takeover rules.

  • *AbbVie retracts claim that Shire investors support bid. LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its bid for Shire after being caught out by British takeover rules.

  • LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its bid for Shire after being caught out by British takeover rules. "AbbVie confirms that it has not received any written commitments of support and accordingly retracts the statements," it said on Wednesday.

  • AbbVie hikes bid for drugmaker Shire to $51 billion Tuesday, 8 Jul 2014 | 8:28 AM ET

    U.S. drugmaker AbbVie upped its offer for London-based Shire to 51.15 pounds per share after the U.K. company balked at an earlier offer.

  • Pershing Square offers slate for Allergan board Monday, 7 Jul 2014 | 3:49 PM ET

    July 7- William Ackman's Pershing Square Capital Management proposed on Monday a slate of six directors for the board of Allergan Inc as the hedge fund presses forward with its $53 billion takeover bid with Valeant Pharmaceuticals International Inc for the Botox maker.

  • LONDON/ FRANKFURT July 7- U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros to enter the flavouring and the health-conscious food sectors.

  • July 7- Touchscreen chipmaker Atmel Corp said it would buy Newport Media, a maker of low-power Wi-Fi and bluetooth gear, for $140 million to gain ground in a technology that helps connect everything through the Internet. Atmel's shares were down 1 percent in early trading on Thursday.

  • ADM buys ingredients company Wild Flavors for $3B Monday, 7 Jul 2014 | 6:45 AM ET
    A truck passes in front Archer-Daniels-Midland Co. (ADM) signage displayed on the side of a grain storage bin at an ADM grain elevator in Niantic, Illinois.

    ADM said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros ($3 billion) in cash.

  • PARIS, July 7- French gas and power group GDF Suez has bought the UK facilities management business of Australian property group Lend Lease, the firm said in a statement on Monday.

  • July 7- U.S. agricultural commodities group Archer Daniels Midland said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros in cash and will assume about 136 million euros of net debt. Hans-Peter Wild, son of founder Rudolf Wild, owns 65 percent of the company, while private equity firm KKR owns 35 percent.

  • July 7- Archer Daniels Midland said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros in cash and will assume about 0.1 billion euros of net debt.

  • GE names China CEO to integrate Alstom's power assets Thursday, 3 Jul 2014 | 12:37 PM ET

    July 3- General Electric Co said on Thursday that the president and CEO of its China business will lead the integration of the U.S. conglomerate's proposed acquisition of the power assets of France's Alstom.