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Acquisitions

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  • LONDON, June 20- British drugmaker Shire has rejected a 27 billion-pound takeover offer from AbbVie, the latest attempt by a U.S. healthcare firm to tap into the London- listed group's low tax rate. Abbvie's takeover offer proposed creating a new U.S.-listed holding company with a UK tax domicile in a so-called "inversion" move.

  • LONDON, June 20- British drugmaker Shire has rejected a takeover offer from AbbVie Inc which would have valued the group at around 27 billion pounds, the U.S. firm said on Friday.

  • SYDNEY/ JOHANNESBURG, June 19- Australian retailer David Jones Ltd has postponed a shareholder vote on a $2 billion takeover bid from South Africa's Woolworths after Australian billionaire Solomon Lew amassed a stake that could scupper the deal.

  • June 18- Swiss electronics company TE Connectivity said it would buy U.S.-based sensor maker Measurement Specialties Inc for about $1.7 billion, including debt, to grab a bigger slice of the high-growth global sensor market.

  • UPDATE 1-TE Connectivity to buy sensor maker for $1.7 bln Wednesday, 18 Jun 2014 | 5:54 PM ET

    June 18- Swiss electronics company TE Connectivity said it would buy sensor maker Measurement Specialties Inc for about $1.7 billion, including debt, to grab a bigger slice of the high-growth global sensor market.

  • HONG KONG, June 19- A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007..

  • Bitcoin's Mt.Gox gets US bankruptcy protection Wednesday, 18 Jun 2014 | 3:50 AM ET
    This photo illustration shows a man looking at the bitcoin exchange website of MtGox in Tokyo on February 25, 2014.

    The failed Tokyo-based bitcoin exchange, Mt.Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States.

  • June 17- The failed Tokyo- based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business.

  • One argument for selling the Los Angeles Kings Tuesday, 17 Jun 2014 | 11:54 AM ET
    Fans celebrate after the Los Angeles Kings beat the New York Rangers to win the Stanley Cup on June 13, 2014 in Los Angeles, California.

    Sitting atop LA's shaky sports scene, the Stanley Cup champs may never fetch a higher price for their corporate owners.

  • *Shire expecting to receive approaches, taps Citi- sources. LONDON, June 17- Shares in Shire hit a record high on Tuesday on expectations of a takeover as dealmaking sweeps the drugs sector, after Reuters reported the group had hired investment bank Citi as a defence adviser. Shire and Citi declined to comment.

  • HONG KONG, June 17- Citigroup will pay HK $5.425 billion for its new Hong Kong headquarters, in the largest ever purchase of a single-block office building in the Asian financial hub, the U.S. bank said on Tuesday.

  • LONDON, June 16- London- listed drugmaker Shire has hired investment bank Citi as an adviser, expecting to receive takeover approaches following a wave of deals in the healthcare sector, sources familiar with the matter told Reuters.

  • SanDisk to buy Fusion-io for $1.1 billion Monday, 16 Jun 2014 | 11:59 AM ET

    Chipmaker SanDisk said it would buy flash storage device maker Fusion-io for about $1.1 billion.

  • SanDisk to buy Fusion-io for $1.1 billion     Monday, 16 Jun 2014 | 11:09 AM ET

    SanDisk is buying Fusion-io for $1.1 billion. Sanjay Mehrotra, SanDisk co-founder, president & CEO, discusses the growing demand for enterprise storage.

  • Medical M&A: Who's next?     Monday, 16 Jun 2014 | 10:13 AM ET

    Medtronic announced it will buy Covidien for $42.9 billion. Barbara Ryan of FTI Consulting, discusses consolidation in the medical industry.

  • Medtronic to buy Covidien     Monday, 16 Jun 2014 | 10:10 AM ET

    CNBC's Meg Tirrell provides insight to Medtronic's announcement it will buy Covidien, and also discusses the consolidation trends in medical device companies.

  • *Deal for $40.86 per share in cash and stock. June 16- Telecommunications services company Level 3 Communications Inc said it would buy internet services provider tw telecom Inc for $40.86 per share in cash and stock to expand its commercial fiber network in the United States.

  • June 16- Star Bulk Carriers Corp said it would buy fellow dry bulk carriers Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal that will make Oaktree Capital Management its largest shareholder.

  • June 16- Telecommunications services company Level 3 Communications Inc said it would buy internet services provider tw telecom Inc for $40.86 per share in a cash and stock deal to expand its commercial fiber network in the United States.

  • Level 3 Communications to buy tw telecom Monday, 16 Jun 2014 | 7:45 AM ET

    June 16- Telecommunications services company Level 3 Communications Inc said it would buy internet services provider tw telecom Inc for $40.86 per share in a cash and stock deal.