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Acquisitions

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  • April 27- Mylan NV rejected Teva Pharmaceutical Industries Ltd's unsolicited $40 billion takeover offer on Monday, but left the door open for talks. Mylan also said it remained committed to its offer for Perrigo Co Plc. Last week, Mylan said it would take its $31 billion offer for Perrigo directly to shareholders, in what is set to be one of the most high-profile...

  • *Applied Materials, Tokyo Electron announce buybacks. TOKYO, April 27- U.S. firm Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, ran afoul of U.S. anti-trust regulators. Tokyo Electron said both companies gave up on the deal after more than...

  • Tata'a investment in Xiaomi comes against the backdrop of an aggressive push by Xiaomi in India after entering the market, which has huge growth potential with just one in 10 people using smartphones, in July 2014. Xiaomi and other Chinese smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a...

  • NEW YORK, April 24- Teva Pharmaceutical Industries' bid for Mylan NV would create a company controlling nearly 25 percent of the U.S. generics market, including drugs in short supply, according to industry experts and a Reuters review of regulatory filings. It is also pursuing a hostile takeover of drugmaker Perrigo Co Plc. Teva has already looked at the...

  • Coca-Cola's 'power of partnership': CEO   Friday, 24 Apr 2015 | 12:19 PM ET
    Coca-Cola's 'power of partnership': CEO

    CNBC's Sara Eisen talks with Coca-Cola CEO Muhtar Kent about partnerships ahead for Coke, and possible acquisitions.

  • NEW YORK, April 23- Goldman Sachs Group Inc's Asset Management plans to acquire the Pacific Global Advisors solutions business from Pacific Life Insurance Co, the company said on Thursday. The business provides investment and risk management services to institutional investors and has assets under supervision of more than $18 billion.

  • CALGARY, April 23- Canadian Imperial Bank of Commerce is in talks with several U.S. companies on a potential $2 billion wealth-management and private-banking acquisition, its top executive said in an interview. But Chief Executive Victor Dodig said CIBC, which has been eyeing the U.S. wealth management space for a while, must be patient as such companies don't...

  • BlaBlaCar co-founder talks growth plans   Thursday, 23 Apr 2015 | 5:10 AM ET
    BlaBlaCar co-founder on expansion plans

    Could BlaBlaCar be the next success story for Europe, as it makes more acquisitions and expansion plans? Nicolas Brusson, co-founder and COO of BlaBlaCar, talks about the company's recent developments.

  • Pace $2.1B takeover extends tax inversion deals Thursday, 23 Apr 2015 | 3:04 AM ET
    Pace DZX3000

    Pace, the world's largest maker of TV set-top boxes, has agreed a $2.1 bn takeover by Arris, a US networking equipment maker.

  • NEW YORK— Arris Group said Wednesday it will buy British set-top box maker Pace for $2.1 billion in cash and stock and reincorporate in the U.K. to cut its taxes. Arris Group Inc. makes high-speed Internet equipment, and in 2013 it paid Google Inc. more than $2 billion to acquire for set-top operations that once belonged to Motorola Mobility.

  • April 22- Generic drugmaker Teva Pharmaceutical Industries Ltd said it could "promptly" divest some operations to obtain regulatory clearance for its proposed $40 billion takeover of smaller rival Mylan NV. Mylan, which has said a merger with Teva would be bad fit, plans to make a new offer for Perrigo Co Plc in the near term, CNBC reported on Wednesday.

  • April 22- DuPont is buying a California- based microbiome discovery company for development of biological crop products, a move that the chemical and crop company hopes will give it an edge in an emerging agricultural market. DuPont's announcement on Wednesday did not disclose how much it is paying for Taxon Biosciences Inc, but said the 15- year-old company...

  • The sealed memorandum was one of many documents that Sysco has filed in its fight with the Federal Trade Commission's over whether it can merge with No. 2 US Foods. "In one instance, the FTC claims Sysco and US Foods would control 100 percent of the market in San Diego. The U.S. government filed a lawsuit in February seeking to block Sysco's $3.5 billion takeover of US...

  • April 22- Teva Pharmaceutical Industries Ltd said on Wednesday it could "promptly" divest some operations if necessary to obtain regulatory clearance for its proposed takeover of smaller rival Mylan NV. Meanwhile, Canonsburg, Pennsylvania- based Mylan is pursuing its own $29 billion unsolicited bid for Perrigo Co Plc, which the maker of over-the-counter...

  • April 21- Some of the top investors at Mylan NV, including Paulson& Co, are encouraging its board of directors to consider a takeover proposal from rival Teva Pharmaceutical Industries Inc, according to people familiar with the matter. Teva unveiled an unsolicited $40 billion takeover proposal on Tuesday for the Canonsburg, Pennsylvania- based company.

  • April 21- Perrigo Company PLC is set to reject a $29 billion unsolicited takeover offer from generics drugmaker Mylan NV as soon as this week, according to a source familiar with the matter. Teva said that its offer for Mylan is contingent on the company not completing an acquisition of Perrigo or any alternative transaction. Representatives from Perrigo and...

  • Twin River management proposes new casino in Tiverton Tuesday, 21 Apr 2015 | 11:34 AM ET

    PROVIDENCE, R.I.— A new casino in Tiverton with table games and easy access to state highways would allow Rhode Island to compete with neighboring Massachusetts for gambling revenue, state casino operators said Tuesday. Twin River Management Group has secured the rights to acquire 45 acres of land off of Route 181, along the Massachusetts state border, and the...

  • Teva offers to buy Mylan in $40.1B cash-and-stock deal Tuesday, 21 Apr 2015 | 9:14 AM ET

    TRENTON, N.J.— Generic drug giant Teva formally offered to buy fellow drugmaker Mylan for about $40.1 billion in cash and stock on Tuesday, despite Mylan's cold shoulder and the certainty the proposed acquisition will bring intense scrutiny by antitrust regulators. If Israel- based Teva Pharmaceutical Industries Ltd. succeeded, the combination would...

  • Midwestern firm Wealth Enhancement Group as Lightyear seeks another windfall good investment in the wealth management market. Marron said Wealth Enhancement Group has strong leaders and a team-based approach that will enable it to grow quickly to the scale of a firm like Cetera. The terms of the deal were not disclosed, but Lightyear will purchase the stake...

  • April 21- Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen& Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources...