RICHMOND, Va.— Federal regulators are putting Camel cigarette maker Reynolds American Inc.' s planned $25 billion takeover of rival Newport maker Lorillard Inc. under the microscope.» Read More
*AstraZeneca mis-steps may revive prospects of takeover. LONDON, June 26- A vote by U.S. experts against accelerated approval of a new ovarian cancer drug from AstraZeneca has dented its claims of research prowess, which were used to see off a $118 billion bid from Pfizer.
LONDON, June 26- The London Stock Exchange Group said it planned to acquire U.S.-based asset manager and stock exchange provider Frank Russell for $2.7 billion, with the help of a $1.6 billion rights issue, as it ramps up its U.S. presence.
*Says deal would boost new AbbVie's adjusted EPS materially. LONDON, June 25- U.S. drugmaker AbbVie said on Wednesday it wanted to move rapidly to clinch a takeover of Shire as it set out the strategic rationale for buying the London- listed company, which has spurned its $46 billion offer.
LONDON, June 25- U.S. drugmaker AbbVie set out the strategic rationale for acquiring Shire on Wednesday as a battle for control of the London- listed company, which has spurned AbbVie's $46 billion bid, entered a new phase.
*Move bolsters Shire in defence against AbbVie. *AbbVie to put its case to Shire shareholders- source. LONDON, June 25- Shire, which has spurned a $46 billion takeover offer from U.S. group AbbVie as inadequate, has a new reason to argue it is worth more after a U.S. court backed patent claims on its top-selling drug Vyvanse.
*Syngenta declines to comment on report of Monsanto talks. ZURICH, June 24- Syngenta's shares jumped on Tuesday after a media report that the Swiss crop chemical maker had been in talks about a $40 billion takeover by U.S. rival Monsanto Co to create the world's largest agrochemical company.
TORONTO, June 24- Two large groups of investors that control roughly 20 percent of the shares of Tuckamore Capital Management Inc have gone public with their discontent over a management-led buyout of the firm, being sponsored by Birch Hill, a private equity player.
LONDON/ MADRID, June 24- Private equity firm KKR is to buy a one-third stake in indebted Spanish group Acciona's international wind farms arm for 417 million euros, the companies said on Tuesday, with a view to listing the business next year.
Scott McNealy, Sun Microsystems co-founder, shares his thoughts on the future of the PC and the "Internet of things."
How in the day and age of the cloud and back-up could this happen, asks Scott McNealy, Sun Microsystems co-founder, sharing his frustration with the IRS losing emails.
LONDON/ MADRID, June 24- Private equity firm KKR is to buy a one-third stake in the energy arm of Spain's Acciona for 417 million euros, the companies said on Tuesday, as they move to develop one of the world's largest renewable energy portfolios. The government measures have particularly hurt profit at Acciona's wind farms.
Franklin Lakes, New Jersey- based Western World offers auto and property insurance and, within Validus, it will operate as an independent business led by its current management team. Validus provides reinsurance and insurance services and operates through its three Bermuda- based units- Reinsurance Ltd, Talbot Holdings Ltd and AlphaCat Managers Ltd..
*After losing out on SFR, Bouygues finds Alstom solution. Martin Bouygues, the 62 year-old tycoon who runs the politically influential construction-to-television group founded by his father, has chalked up a win on the Alstom takeover saga only two months after losing a battle to buy larger mobile operator rival Vivendi's SFR.
June 23- Allergan Inc on Monday advised investors not to sell their shares to Valeant Pharmaceuticals International which launched a hostile takeover offer for the California- based Botox maker last week, saying it was "grossly inadequate."
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
*Siemens CEO earns praise for shrewd moves in Alstom battle. On Friday, the French government announced it had chosen U.S. conglomerate General Electric over Siemens and its bidding partner Mitsubishi Heavy Industries in the contest to acquire the energy assets of Alstom.
June 23- Wisconsin Energy Corp said it would buy Integrys Energy Group Inc for $5.71 billion to create a larger, more diverse Midwest electric and natural gas delivery company.
June 23- Harbinger Group Inc, the holding company for Spectrum Brands, said it had offered to buy retailer Central Garden& Pet Co for $10 per share, or acquire its pet business for $750 million. The $10 per share offer represents an 11.1 percent premium to Central Garden's Friday closing price.
June 23- Wisconsin Energy Corp said it would buy Integrys Energy Group Inc for $5.71 billion to create a larger, more diverse Midwest electric and natural gas delivery company. The combined company, which will be named WEC Energy Group Inc, will serve more than 4.3 million gas and electricity customers in Wisconsin, Illinois, Michigan and Minnesota.
June 23- Canadian engineering and construction company SNC-Lavalin Group Inc said on Monday that it would acquire British energy services provider Kentz Corp Ltd for about 1.164 billion pounds in cash to expand its offerings in the oil and gas sector.