Acquisitions
More
-
*Cermaq shares down 2.5 pct, Copeinca shares up 3.8 pct. OSLO, April 5- Norwegian fish farmer Cermaq agreed to take over Copeinca, a Peruvian producer of fishmeal and fish oil, beating out China Fishery Group with a bid that values the firm at $600 million.
-
MOSCOW, April 4- Britain- based Rockefeller Oil Company Plc will acquire upstream oil and gas assets in Russia from VTB Bank for around $1 billion, Russian business daily Kommersant reported on Thursday, citing sources.
-
HOUSTON-- Crest Financial Ltd., the largest minority shareholder of Clearwire Corp., is offering the wireless operator $240 million in debt financing, which would free it up to consider options beyond a takeover offer from Sprint Nextel Corp..
-
RADNOR, Pa.-- Oil and gas company Penn Virginia said Wednesday that it's buying some property and wells in Texas from Magnum Hunter for about $400 million to help it expand in the oil- and gas-rich Eagle Ford Shale. The acquisition gives Penn Virginia Corp. about 40,600 mineral acres in Texas near current holdings.
-
*Elan welcomes Irish Takeover Panel deadline for bid. DUBLIN, April 3- U.S. investment firm Royalty Pharma, which is considering a $6.6- billion bid for Irish drugmaker Elan, must make a firm offer by May 10 or walk away, Ireland's Takeover Panel said on Wednesday.
-
*Elan welcomes Irish Takeover Panel deadline for bid. DUBLIN, April 3- U.S. investment firm Royalty Pharma, which is considering a $6.6- billion bid for Irish drugmaker Elan, must make a firm offer by May 10 or walk away, Ireland's Takeover Panel said on Wednesday.
-
*S&P 500 inches towards all-time intraday high. *Vodafone ADRs fall as Verizon rules out takeover. NEW YORK, April 3- U.S. stock index futures rose on Wednesday, putting the S&P 500 even closer to its all-time intraday high as investors awaited the latest round of economic data.
-
*Vodafone hit as takeover speculation dented. Shares in telecoms heavyweight Vodafone fell 2.4 percent after its U.S. partner Verizon denied reports of a joint bid for the UK firm with AT&T, denting expectations that had helped the shares rise nearly 14 percent since early March.
-
LONDON, April 3- AstraZeneca boosted its early-stage pipeline of experimental heart drugs on Wednesday by buying privately held U.S. biotechnology company AlphaCore Pharma, which is developing a new type of cholesterol medicine.
-
DALLAS-- Consumer products company Kimberly-Clark Corp. said Tuesday that it is buying Life-Tech Inc.' s anesthesia business. Kimberly-Clark distributed those products as part of a previous deal with Life-Tech.. Shares of Kimberly-Clark rose $1.81 to $99.74 in afternoon trading.
-
NEW YORK-- Shares of Nasdaq OMX Group Inc. tumbled Tuesday after the stock exchange announced a deal to pay up to $1.23 billion to take over an electronic service for trading U.S. THE SPARK: Under the deal announced Monday, Nasdaq will pay $750 million in cash and up to $484 million in stock to BGC Partners Inc. for a U.S.
-
Howard Lutnick, BGC Partners CEO, explains why he is selling the company's electronic Treasury trading platform to the Nasdaq OMX Group for nearly $1.3 billion.
-
NEW YORK-- Property and casualty insurer ACE Ltd has completed its acquisition of Mexico's Fianzas Monterrey for about $293 million from New York Life Insurance Co..
-
Is Stephen Schwarzman's Blackstone Group really bidding for Dell? Or is it part of a bizarre, high-stakes charade? The New York Times reports.
-
Deal numbers are down but value is up, explains Matthew Toole, Thomson Reuters, providing an outlook on mergers and acquisitions.
-
NEW YORK-- General Motors Co. said Tuesday that its financial arm completed the purchase of most of Ally Financial's operations in Europe and Latin America.
-
CNBC's Seema Mody reports the NASDAQ OMX has acquired the eSpeed trading platform from BGC Partners for $750 million.
-
NEW YORK, April 1- ICE arabica futures gained on Monday in heavy volumes as prices bounced between firm levels of technical resistance and support and continued to feel pressure from speculators' large bearish positions and expectations of ample global supplies.
-
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.
-
*Says JAB proposing 12.75 euros per share. AMSTERDAM, March 28- 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.