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Acquisitions

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  • NEW YORK/ FRANKFURT, Feb 20- Warren Buffett's Berkshire Hathaway Inc said on Friday it had agreed to buy German motorcycle apparel and accessories retailer Detlev Louis Motorrad-Vertriebs GmbH for a little more than 400 million euros. The purchase enables Buffett, known for his optimism about the United States and the investment opportunities it offers, to...

  • NEW YORK, Feb 20- Valeant Pharmaceuticals International Inc is close to a deal to acquire bowel drug maker Salix Pharmaceuticals Ltd for around $160 per share, according to a person directly familiar with the matter. A deal of that size would be the largest ever for Valeant, which lost a takeover contest for Allergan Inc last year. The usually acquisitive Valeant...

  • LAS VEGAS— New York- based New Media Investment Group Inc. says it has reached an agreement to purchase the company that owns the Las Vegas Review-Journal and daily newspapers in six other states. New Media President and CEO Michael E. Reed said in a statement Thursday they will purchase "substantially all of the assets" of Stephens Media LLC for $102.5 million...

  • NEW YORK/ WASHINGTON, Feb 19- The U.S. government filed a lawsuit on Thursday seeking to block Sysco Corp's proposed takeover of rival food distributor US Foods Inc, saying the $3.5 billion deal would "eliminate significant competition" in the sector. Sysco's share price was down 3.4 percent for the day, initially on concerns that the Federal Trade Commission was...

  • Feb 19- U.S. drinks can maker Ball Corp agreed to buy British rival Rexam Plc in a sweetened 4.43 billion pounds deal, creating an industry giant that can better manage capital spending and costs as aluminium premiums rise. "If you want global supply and global prices, you need a Rexam plus Ball, because neither Rexam nor Ball individually are global," said Jefferies&...

  • Feb 19- U.S. drinks can maker Ball Corp agreed to buy British rival Rexam Plc in a sweetened 4.43 billion pounds deal, creating an industry giant that can better manage capital spending and costs as aluminium premiums rise. Shares in Rexam, which makes cans for Coca-Cola Co and Anheuser-Busch InBev, rose more than 6 percent to 571.5 pence in early trading before...

  • Feb 18- Samsung Electronics Co Ltd has bought U.S. mobile wallet startup LoopPay, signalling its intention to launch a smartphone payments service to compete with a recent offering from rival Apple Inc.. Apple, Google, and eBay Inc's PayPal have all launched services to allow users to pay in stores via smartphones. He would not be drawn on speculation the company...

  • CALGARY, Alberta, Feb 18- Talisman Energy Inc common shareholders on Wednesday voted to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA, clearing the way for the Spanish company to acquire Talisman's worldwide operations. Talisman common and preferred shareholders both voted nearly unanimously in favor of Repsol's Dec. 16...

  • CALGARY, Alberta, Feb 18- Talisman Energy Inc common shareholders on Wednesday voted to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA, clearing the way for the Spanish company to acquire Talisman's worldwide operations. Talisman shareholders voted 99.9 percent in favor of Repsol's Dec. 16 offer to pay $8 per share for the...

  • NEW YORK, Feb 18- Actavis Plc, a generic drugmaker that has been steadily acquiring branded medicines, said it will change its name to Allergan Inc after it completes its planned $66 billion purchase of the Botox maker, signaling its growing focus on patent-protected drugs. Actavis, which began as a New Jersey- based generics company called Watson, took its current...

  • Simply Healthcare offers Medicare and Medicaid plans in 60 Florida counties. It has 177,000 customers for Medicaid, the state-federal program that covers the poor and disabled people. In late 2012, it completed a $4.46 billion acquisition of Amerigroup Corp., which runs Medicaid coverage in several states.

  • UPDATE 2-New Carlsberg CEO to inherit Russian problems Wednesday, 18 Feb 2015 | 4:29 AM ET

    *New CEO has experience in Asia, growth market for brewer. COPENHAGEN, Feb 18- Danish brewer Carlsberg named a new chief executive on Wednesday and warned that problems in Russia and Ukraine would weigh on earnings again this year. For seven years Rasmussen has fought a tough battle as sales in Russia, Carlsberg's main market after the acquisition of the Baltika...

  • TORONTO, Feb 17- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee and doughnut chain Tim Hortons last year, saw higher quarterly sales growth at both brands, but posted a net loss due to one-time costs related to the merger. "Whenever you do a transaction like that, there's going to be a lot of one-time fees," Restaurant...

  • Feb 16- Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market. Investor Prem Watsa- led Fairfax said it has received hard irrevocable undertakings to accept the offer from entities managed by...

  • UPDATE 1-TRW 4th-quarter profit tops estimates Friday, 13 Feb 2015 | 7:56 AM ET

    Feb 13- TRW Automotive Holdings Corp, which is being acquired by German supplier ZF Friedrichshagen AG, on Friday reported adjusted fourth-quarter profit that topped estimates. Including one-time charges related to pensions and restructuring, it had a loss of $360 million, or $3.22 a share, compared with a profit of $363 million, or $3.00 a share, in the...

  • TEL AVIV, Feb 12- Microsoft is buying N-trig, an Israeli provider of digital pens and chips for touch screens, for at least $200 million, the Calcalist financial news website said on Thursday. Officials at N-trig and Microsoft in Israel could not be reached for comment. Customers for N-trig's technology include Sony, Fujitsu, Hewlett-Packard and Lenovo for use in...

  • Feb 11- Drugstore operator Rite Aid Corp said it would buy pharmacy benefit manager EnvisionRx for about $2 billion, entering the business of administering health plan benefits. The deal will help Rite Aid compete better with CVS Health Corp, which bought Caremark Rx for $21 billion in 2006.. The acquisition of EnvisionRx will also give Rite Aid access to more...

  • Telecity eyes the cloud with $2.2B Interxion deal Wednesday, 11 Feb 2015 | 7:19 AM ET

    Telecity Group Plc has agreed a non-binding $2.2 billion all-share deal to buy New York-listed Interxion Holding NV.

  • TOKYO, Feb 10- Canon Inc plans to buy network video surveillance leader Axis AB for about 23.6 billion Swedish crowns, the biggest purchase ever for the Japanese company that is trying to expand beyond the shrinking camera market. At 1008 GMT, shares of Axis were up 48 percent at 336.70 crowns. The deal will make Canon a top player in the video surveillance market,...

  • The acquisition vehicle, dubbed Quinpario Acquisition Corp 2, has so far outbid private equity firms, including American Securities LLC, in the auction for Royal Adhesives, the people said on Friday. Arsenal Capital Partners, the buyout firm that owns Royal Adhesives, may still decide to sell the company to American Securities or another bidder, the people added.