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Acquisitions

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  • *Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping an offer from Australian rival Myer Holdings Ltd with a hefty premium.

  • April 8- A six-year-old online news startup has agreed to buy the Anchorage Daily News, the largest daily newspaper in Alaska, from the McClatchy Co for $34 million, the two companies announced on Tuesday. Alice Rogoff, publisher of the online-only Alaska Dispatch, said the deal was meant to serve Alaskans, many of whom still read a print newspaper.

  • WASHINGTON/ NEW YORK, April 8- Comcast Corp sought to rebut critics of its planned $45.2 billion takeover of Time Warner Cable Inc, arguing that newcomers like Google Inc and Apple Inc would ensure competition in both Internet and video markets.

  • WASHINGTON/ NEW YORK, April 8- Comcast Corp sought to rebut critics of its planned $45.2 billion takeover of Time Warner Cable Inc, arguing that newcomers like Google Inc and Apple Inc would ensure competition in both Internet and video markets.

  • HONG KONG, April 8- The Shanghai- listed retail arm of Sanpower Group said on Tuesday it was in talks to buy an 89 percent stake in Britain's Highland Group Holdings, which owns department store House of Fraser. Nanjing Xinjiekou Department Store said it planned to set up a subsidiary in Britain to acquire Highland Group.

  • European shares retreat from highs, techs slip Monday, 7 Apr 2014 | 7:57 AM ET

    *Bouygues, Iliad fall; Numericable spikes on SFR deal. The stock market also came under pressure from a drop of 5.4 percent in Bouygues and 5.7 percent in Iliad, after Numericable won a bid to acquire Vivendi's SFR telecom unit. Iliad investors were disappointed because the company stood to benefit if Bouygues's bid for SFR succeeded.

  • *Investors to get 0.8 Sun Pharma share per Ranbaxy share.

  • PARIS/ LONDON, April 4- France's Vivendi said on Friday that its board needed more time to weigh two bids for its SFR telecom business, leaving business and political circles in suspense over a month-long, 15 billion euro takeover battle.

  • April 3- Latino-focused cable network NUVOtv, backed by Jennifer Lopez, said its parent company SiTV Media Inc would buy Madison Square Garden Co's Fuse TV. As part of the acquisition, NUVOtv also plans to utilize Fuse's street front studio on Seventh Avenue in Manhattan- across from Madison Square Garden.

  • *Deal could have created a $24 billion generic drugs group. STOCKHOLM, April 4- Sweden's Meda AB said on Friday it had rejected a takeover approach by U.S. generic drugmaker Mylan Inc, scuppering a potential deal to create a combined company worth around $24 billion.

  • *Deal could create a $23 billion drug company. STOCKHOLM, April 4- Shares in drug maker Meda AB were halted on Friday following a media report that Mylan Inc is looking to acquire its smaller Swedish rival in a move that would create a $23 billion company.

  • NEW YORK, April 3- Trading firm KCG Holdings awarded its chief executive, Daniel Coleman, $10.4 million in 2013, the year in which the company was formed by the $1.4 billion takeover of Knight Capital Group by rival Getco, according to a regulatory filing.

  • PwC strikes deal to buy Booz     Thursday, 3 Apr 2014 | 7:16 AM ET

    Bob Moritz, PricewaterhouseCoopers chairman and senior partner, discusses the company's plan to boost its consulting business by extending its global reach.

  • DUBAI, April 3- Investment Corp of Dubai, the emirate's sovereign wealth fund, has bought a stake in global hotel management firm Kerzner International from investors including the family of South African casino tycoon Sol Kerzner. Kerzner International, originally founded by Sol Kerzner, manages the Atlantis and One& Only resort chains.

  • April 2- Plug Power Inc said it bought fuel-cell stack maker ReliOn Inc for about $4 million in an all-stock deal, as the company looks to diversify its supplier base. Plug Power shares rose 4.5 percent after the bell as the deal also helps the fuel-cell maker expand into the stationary back-up fuel cell market.

  • Marriott completes deal to acquire Protea     Tuesday, 1 Apr 2014 | 8:16 AM ET

    Arne Sorenson, CEO & president of Marriott International, discusses his company's acquisition of the largest hotel company in Africa.

  • March 31- Bob Diamond- backed investment company Atlas Mara, said it would acquire sub-Saharan African bank ABC Holdings Limited and ADC African Development Corporation AG, for up to $265 million in cash and shares.

  • March 31- The 3 million subscribers that Comcast Corp plans to divest as part of a proposed takeover of Time Warner Cable Inc might be worth roughly $18 billion, according to a source familiar with the matter.

  • March 31- The 3 million subscribers that Comcast Corp plans to divest as part of a proposed takeover of Time Warner Cable Inc could be worth roughly $18 billion, according to a source familiar with the matter.

  • How activist investors influence M&A     Friday, 28 Mar 2014 | 8:16 AM ET

    Michael Carr, Goldman Sachs M&A group in the Americas, shares his thoughts on the role of activists in deal making and the outlook for mergers and acquisitions.