GO
Loading...

Enter multiple symbols separated by commas

Acquisitions

More

  • July 1- PayPal Inc said it would buy digital money transfer provider Xoom Corp for about $890 million in enterprise value as it tries to expand in markets such as Latin America, India and China ahead of a spinoff from eBay Inc.. The offer price of $25 per share in cash represents a premium of about 21 percent to Xoom's Wednesday closing price of $20.70.

  • July 1- PayPal Inc, the electronic payments division of eBay Inc, said it would buy digital money transfer provider Xoom Corp for about $890 million in enterprise value. The offer price of $25 per share represents a premium of 21 percent to Xoom's Wednesday closing price of $20.70. Paypal said the deal, expected to close in the fourth quarter of 2015, will slightly...

  • JBS USA Pork to buy Cargill pork business for $1.45 bln Wednesday, 1 Jul 2015 | 4:48 PM ET

    July 1- Cargill Inc said JBS USA Pork would buy its U.S.-based pork business for $1.45 billion. The acquisition includes two meat processing plants in Iowa and Illnois. JBS USA is a unit of Brazil- based meat processing company JBS S.A..

  • WASHINGTON, July 1- The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB, which owns the Frigidaire and Tappan brands, from buying General Electric Co's appliance business, the Justice Department said in a statement. "Electrolux's proposed acquisition of General Electric's appliance business would leave millions of Americans...

  • NEW YORK— RadioShack will live on after its bankruptcy. That means Standard General can use the name on the more than 1,740 RadioShack stores it bought in April. As part of the deal, Standard General will also acquire RadioShack's other brands, including Enercell batteries and Auvio speakers.

  • NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL to gain presence in Connecticut, Massachusetts, Maine and New York as part of an expansion plan in...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL, a company with presence in Connecticut, Massachusetts, Maine and New York, to expand in the United...

  • July 1- Constellation Brands Inc reported a better-than-expected quarterly profit, helped by higher sales of its Corona and Modelo beers, and said it would buy the Meiomi wine brand for about $315 million. The alcoholic beverage maker raised its adjusted earnings forecast for the year ending February to $4.80- $5 per share from $4.70- $4.90 per share, driven by...

  • *Shares surge 17 pct to A $7.77 but below bid price of A $9.05 Asciano's former parent, Toll Holdings, agreed to sale in Jan. SYDNEY, July 1- Canada's Brookfield Asset Management has approached Australia's Asciano Ltd with a $6.8 billion takeover bid, but uncertainty about whether the deal would go through capped gains in the stock price of the rail freight firm.

  • The Seoul Central District Court said the proposed takeover of Samsung C&T by Cheil Industries is legal and fair, clearing ways for Samsung to put the merger to a shareholder vote on July 17. Samsung said in May Cheil will take over Samsung C&T because construction and trading businesses needed new revenue sources, while Cheil, which operates businesses in...

  • Canadian government approves Cirque du Soleil sale Tuesday, 30 Jun 2015 | 7:00 PM ET

    OTTAWA, Ontario— The Canadian government has approved the sale of Cirque du Soleil to a group headed by a U.S. private equity firm and its Chinese partners. Industry Minister James Moore said Tuesday the application to acquire the famed circus troupe was deemed an overall economic benefit for Canada. TPG is acquiring a 60 percent stake, Chinese investment firm...

  • Prime is Sun Life's third acquisition of an asset manager since January. Once all three close, Sun Life will oversee about C $50 billion in assets for third parties, the company said. Toronto- based Sun Life, Canada's third-largest insurer, said the acquisition of Prime, which has about $13 billion in assets under management, would be in cash, but it did not disclose...

  • Toronto- based Sun Life did not disclose the value of the deal. Sun Life followed that up last month with the C $560 million acquisition of North American real estate investment manager Bentall Kennedy Group. Prime Advisors, which had about $13 billion in assets under management as of May 31, will operate as a standalone unit of Sun Life Investment Management, Sun...

  • TORONTO, June 29- A CIBC Wood Gundy investment adviser is pushing Extendicare Inc, a Canadian operator of senior care centers, to pay a special dividend of at least C $100 million and make other changes following the sale of its U.S. business. Markham, Ontario- based Extendicare has been narrowing its geographic focus to long-term senior care centers in Canada.

  • LONDON, June 29- Trading house Trafigura has sold half its stake in three Spanish copper and zinc mines to Abu Dhabi investment company Mubadala as part of a joint venture they are setting up to invest in base metals mining, the companies said on Monday. Sources close to the deal said it valued the mines business at around $1.4 billion, meaning Mubadala would be...

  • June 29- Amag Pharmaceuticals Inc said it would buy the largest newborn stem cell bank in the world for $700 million in cash and stock to strengthen is maternal health business, in its biggest deal ever. The acquisition of CBR is Amag's first in the maternity-related business since it bought Lumara Health Inc for $675 million in September. Deutsche Bank and...

  • BASEL, Switzerland, June 29- Swiss drugmaker Novartis AG boosted its presence in pain management on Monday by agreeing to buy U.S.-Australian biotech firm Spinifex Pharmaceuticals, the companies said in separate statements on Monday. Spinifex said Novartis was paying $200 million upfront and Spinifex shareholders could get further payments based on...

  • FRANKFURT, June 26- Shares in German potash miner K+ S leapt almost 40 percent on Friday after a takeover proposal from Canada's Potash Corp which sources close to the matter said was worth more than 7 billion euros. K+ S believes Potash Corp wants to take capacity out of an over-supplied market to boost its profitability, the sources said, adding the Canadian firm...

  • June 25- German potash producer K+ S said on Thursday it has received a takeover proposal from larger Canadian rival Potash Corp of Saskatchewan Inc, starting a new takeover saga in the fertilizer industry. Potash Corp would not comment. In 2010, Potash Corp itself was the target of a $39 billion hostile bid from global mining giant BHP Billiton.