GO
Loading...

Acquisitions

More

  • Nov 2- Altice SA said it made a fully financed offer to buy the Portuguese assets of Portugal Telecom from Oi SA. "These assets comprise the existing business of Portugal Telecom outside of Africa and excludes Portugal Telecom's Rio Forte debt securities, Oi treasury shares and Portugal Telecom financing vehicles," Altice said. It said the offer values the assets...

  • Oct 31- Dollar General Corp extended for the second time its tender offer to acquire shares of Family Dollar Stores Inc, as less than 4 percent of Family Dollar's shares had been tendered so far. Family Dollar, which has spurned Dollar General's takeover approaches twice, citing anti-trust concerns, has been pushing for a lower cash-and-stock deal from Dollar...

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • Oct 30- ConocoPhillips, the largest U.S. independent oil company, reported higher third-quarter profit on Thursday, lifted by the sale of its Nigerian business. Profit rose to $2.7 billion, or $2.17 per share, from $2.5 billion, or $2.00 per share, in the 2013 third quarter. Surmont is an oil sands project in Canada and APLNG is a liquefied natural gas project in...

  • Oct 28- U.S. government contractor Engility Holdings Inc, said it would buy privately held TASC, a provider of professional services to government agencies, for about $1.1 billion, including debt. Engility's shares rose 4.2 percent in extended trading on Tuesday. "TASC has a substantial presence in the Intelligence Community, Space and other markets in which...

  • *Snapdeal' potential to be India's Alibaba'- Softbank's Son. *Funds needed to tackle rivals in India online retail boom. Masayoshi Son, chief executive of SoftBank, laid out a 10- year investment plan for India on Tuesday, starting with the purchase of a $627 million stake in fast-growing online marketplace Snapdeal.

  • TOKYO, Oct 28- Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also...

  • BUSINESS-NEWS-SCHEDULE AT 1330 GMT /9.30 AM ET Monday, 27 Oct 2014 | 10:08 AM ET

    MILAN- Italy's Monte dei Paschi di Siena is likely to try to plug a capital shortfall uncovered by Europe- wide stress tests through asset sales and possibly another cash call, but longer term a takeover could be inevitable. LONDON- Europe's banking healthcheck showed countries and lenders are implementing global capital rules at vastly different speeds, and...

  • Under the revised terms, Williams Partners will merge with a subsidiary of Access Midstream in a unit-for-unit exchange of 0.86672 common units of Access Midstream for every Williams common unit. Williams first proposed the merger in June, with Access Midstream acquiring William Partners at an exchange ratio of 0.85 plus an additional $0.81 per Williams...

  • Williams, Access Midstream Partners amend deal terms Monday, 27 Oct 2014 | 12:00 AM ET

    Under the revised terms, Williams Partners will merge with a subsidiary of Access Midstream in a unit-for-unit exchange at a ratio of 0.86672 common units of Access Midstream for every Williams common unit. Williams first proposed the merger in June, with Access Midstream acquiring William Partners at an exchange ratio of 0.85 plus an additional $0.81 per...

  • Oct 24- Banana producer Chiquita Brands International Inc said it would start takeover talks with Brazil's Grupo Cutrale and Safra Group after its shareholders voted against a proposed merger with Irish rival Fyffes Plc. Fyffes' shares fell 5 percent to 94 euro cents in Dublin after the collapse of the deal, which would have created a company domiciled in...

  • Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...

  • Oct 24- Banana producer Chiquita Brands International Inc said it would start takeover talks with Brazil's Grupo Cutrale and Safra Group after its shareholders voted against its proposed merger with Irish rival Fyffes Plc. Fyffes' shares were down 9 percent at 90 euro cents in Dublin. Fyffes and Chiquita said recently that the implied value of their potential...

  • SAN FRANCISCO, Oct 24- Online music service Deezer is acquiring radio and podcasting app Stitcher, adding a vast catalog of talk radio programs that the company hopes will make it stand out in a crowded streaming music market. Deezer said the acquisition will give it access to roughly 35,000 radio shows and podcasts, including popular talk radio programs such as...

  • SINGAPORE, Oct 24- Singapore sovereign wealth fund GIC has bought a 5 percent stake in IMS Health Holdings, a U.S.-listed technology firm servicing the healthcare sector, for an undisclosed amount, according to a regulatory filing. GIC Private Ltd bought common stock of IMS Health earlier this month, according to a Securities and Exchange Commission filing on...

  • Activist urges new leadership at Family Dollar Friday, 17 Oct 2014 | 5:47 PM ET
    A Family Dollar store on July 28, 2014 in Hollywood, Florida.

    Elliott Management sent a letter to Family Dollar's board, nominating seven new directors on Friday.

  • Goldman Sachs in talks to buy ETF provider: Sources Thursday, 16 Oct 2014 | 11:37 PM ET

    Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.

  • Medtronic up sharply   Friday, 3 Oct 2014 | 9:29 AM ET
    Medtronic up sharply

    CNBC's David Faber reports Medtronic is changing its source of cash for its deal to buy Covidien.

  • It only takes one conversation with Buffett...   Thursday, 2 Oct 2014 | 8:06 AM ET
    It only takes one conversation with Buffett...

    Larry Van Tuyl, Van Tuyl Group, discusses the events leading up to selling his business to Warren Buffett.

  • Berkshire to buy Van Tuyl Group: Buffett   Thursday, 2 Oct 2014 | 8:00 AM ET
    Warren Buffett

    Warren Buffett, Berkshire Hathaway chairman & CEO, and Larry Van Tuyl, Van Tuyl Group, discuss Berkshire Hathaway's deal to buy the nation's largest privately-owned auto dealership.