Jan 27- Chocolate maker Hershey Co is in late-stage talks to acquire Krave, a maker of healthy beef, turkey and pork jerky snacks, according to people familiar with the matter. The deal is expected to value Sonoma, California- based Krave at between $200 million and $300 million, the people said this week. It sells to retailers that include Target Corp, Vitamin Shoppe...» Read More
Eric Affeldt, Clubcorp president & CEO, reveals plans to expand the reach of golf to include the entire family. It's a game that's a heck of a lot of fun for people of all ages, says Affeldt.
BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.
NEW YORK, Aug 13- Biotechnology company InterMune Inc is working with financial advisers to evaluate strategic options as it braces for potential takeover interest from larger drugmakers, people familiar with the matter said.
Aug 13- Health Care REIT Inc said it had agreed to acquire Canada's HealthLease Properties Real Estate Investment Trust in a deal valued at $950 million. Health Care REIT will pay C $14.20 in cash for each HealthLease share, which represents a premium of 31 percent to HealthLease's Monday closing.
Aug 11- Juice maker Cutrale and investment firm Safra Group said on Monday they had offered to acquire U.S.-based Chiquita Brands International Inc in a $610.5 million cash deal that rivaled an all-stock agreement with Irish tropical fruit company Fyffes Plc. The combined market value of Chiquita and Fyffes is currently close to $1 billion.
*KKR teams up with Rhone Capital for $3.1 bln takeover offer. HONG KONG, Aug 12- A KKR& Co- led takeover of Australia's Treasury Wine Estates Ltd would likely lead to a long and drastic overhaul, resulting in a much smaller but more profitable company, bankers familiar with the matter said.
HOUSTON, Aug 11- The biggest U.S. pipeline company, Kinder Morgan Inc, will gain new muscle to acquire rivals after it consolidates as a single company and buys out investors in its publicly traded units for $44 billion, its CEO said on Monday. Kinder Morgan Inc said on Sunday it would put all its units under one roof.
HOUSTON, Aug 11- Kinder Morgan Inc as a combined company would be able to make sizable acquisitions in the natural gas and crude oil pipeline and processing sector, Chief Executive Officer Rich Kinder told investors on a conference call on Monday.
Darren Huston, Priceline Group president & CEO, discusses the company's quarterly earnings and partnership with Ctrip. Huston says Ctrip will help them bring Chinese customers to their business around the world.
Aug 11- Juice maker Cutrale Group and Brazilian investment firm Safra Group said on Monday they have offered to acquire Chiquita Brands International Inc in a cash deal that valued the banana distributor's equity at $610.5 million.
Aug 11- Juice maker Cutrale Group and Brazilian investment firm Safra Group said on Monday they had offered to acquire Chiquita Brands International Inc in a cash offer that valued the banana distributor's equity at $610.5 million.
*BCI launches friendly $237 mln offer for Iron Ore Holdings. SYDNEY, Aug 11- BC Iron Ltd has launched a friendly cash and share offer worth around A $256 million for smaller rival Iron Ore Holdings Ltd, the second takeover in a month aimed at beefing up production in Australia's main iron ore region.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
HONG KONG, Aug 8- Canadian private equity firm Altas Partners LP and pan Asia firm Baring Private Equity Asia have acquired a substantial stake in St George's University in Grenada, the university said on Friday.
LONDON, Aug 8- British engineering firm Hyder Consulting has accepted a 268 million pound takeover offer from Japan's Nippon Koei, just days after recommending a bid from Dutch firm Arcadis.
Facebook will acquire PrivateCore, a firm that 'validates and secures' server data and protects servers from possible breaches.
BRUSSELS, Aug 7- European Union antitrust regulators will decide by Sept. 11 whether to clear British broadcaster BSkyB's planned $9 billion takeover of Rupert Murdoch's pay-TV companies in Germany and Italy, the European Commission said on Thursday.
Aug 6- Institutional Shareholder Services is backing activist investor Bill Ackman's call for a special meeting of Allergan Inc investors that could topple the company's board and increase the chances of a takeover by Valeant Pharmaceuticals International.
SAN FRANCISCO, Aug 6- Practice Fusion, provider of a free electronic health record service for doctors, bought app developer Ringadoc on Wednesday as it moves into a new market: telemedicine. Research firm IHS forecast that the U.S. market will grow to $1.9 billion in 2018, from $240 million in 2013..
Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. Sprint's shares plunged 19 percent to $5.90, while T-Mobile fell 10 percent to $30.38 on Wednesday.