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  • Repsol finalizing bid for Talisman - source Friday, 12 Dec 2014 | 10:23 AM ET

    MADRID, Dec 12- Spanish oil major Repsol SA is finalizing a bid to acquire Canada's Talisman Energy Inc and has sent executives to Calgary to step up talks, a source with knowledge of the matter said on Friday. Shares in Repsol were down 4.2 percent at 16.49 euros. "Repsol executives are in Canada but no offer has yet been made," the source said on condition of anonymity.

  • Repsol finalising bid for Talisman - source Friday, 12 Dec 2014 | 10:23 AM ET

    MADRID, Dec 12- Spanish oil major Repsol SA is finalising a bid to acquire Canada's Talisman Energy Inc and has sent executives to Calgary to step up talks, a source with knowledge of the matter said on Friday. Shares in Repsol were down 4.2 percent at 16.49 euros. "Repsol executives are in Canada but no offer has yet been made," the source said on condition of anonymity.

  • Adobe to buy stock-photo biz as sales rise 3% Thursday, 11 Dec 2014 | 6:11 PM ET
    The Adobe Systems logo is displayed outside of the company's office in San Francisco.

    Adobe Systems is buying stock photography company Fotolia for $800 million and reported a 3 percent revenue increase.

  • Starboard buys stakes in Staples, Office Depot Thursday, 11 Dec 2014 | 11:24 AM ET

    NEW YORK— Starboard Value, a New York- based activist hedge fund, said it bought a stake in office supplies retailer Staples and increased its stake in rival Office Depot. Shares of Staples and Office Depot rose sharply Thursday morning. Starboard said it bought a 5.1 percent stake in Staples and increased its stake in Office Depot to 9.9 percent from 8.6 percent.

  • Renasant of Miss. buying Ga. bank in $258M deal Wednesday, 10 Dec 2014 | 6:45 PM ET

    JACKSON, Miss.— Mississippi- based regional bank Renasant Corp. said Wednesday that it will acquire Georgia- based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank's position in the...

  • Liberty to buy Puerto Rican cable company Choice Wednesday, 10 Dec 2014 | 8:19 AM ET

    NEW YORK— Liberty Global will expand operations in Puerto Rico through the acquisition of the country's second-largest cable operator, Choice Cable TV. Liberty said Wednesday that it is teaming up with the private equity firm Searchlight Capital Partners to buy Choice and its parent company, Puerto Rico Cable Acquisition Company Inc., for about $272.5...

  • Belden to buy security software company Tripwire Tuesday, 9 Dec 2014 | 6:55 PM ET

    ST. LOUIS— Belden Inc. said Tuesday that it plans to acquire Tripwire Inc., a privately-held security software company based in Portland, Oregon, for $710 million in cash. The St. Louis- based communications equipment company said that the deal will help address cybersecurity issues for its customers. Shares of Belden increased $1.62 to close at $74.92 Tuesday.

  • Last month, the troubled retailer and its chief executive disclosed plans to form a real estate investment trust that would acquire as many as 300 Sears stores and lease them back to the retailer. This, CreditSights estimated, could help Sears raise $2.6 billion, providing a critical cash injection. Sears plans to fund the REIT by offering shareholders the right...

  • NEW YORK/ WINNIPEG, Dec 9- Valeant Pharmaceuticals International Inc is abandoning its growth-by-acquisitions strategy for the time being to try to reduce debt, boost its stock price and one day return to its traditional deal-making in a stronger position, people familiar with the matter told Reuters. Speculation about Valeant's next takeover target has...

  • NEW YORK/ WINNIPEG, Dec 9- Valeant Pharmaceuticals International Inc is abandoning its growth-by-acquisitions strategy for the time being to try to reduce debt, boost its stock price and one day return to its traditional deal-making in a stronger position, people familiar with the matter told Reuters. Speculation about Valeant's next takeover target has...

  • $9.5 billion blockbuster drug deal  Monday, 8 Dec 2014 | 1:01 PM ET

    Following Merck's acquisition of Cubist, chairman and CEO Kenneth Frazier discusses innovation possibilities the deal presents for public health, with CNBC's Meg Tirrell.

  • Dec 8- Hanwha SolarOne Co Ltd will buy Germany- based affiliate Q Cell Investment Co Ltd in a deal valued at about $1.2 billion to avoid U.S. tariffs on China- made products. Q Cell, owned by Hanwha SolarOne's parent Hanwha Holdings Co Ltd, has plants in Malaysia, which are not subject to U.S. and European anti-dumping tariffs. Under the deal, Hanwha SolarOne will issue...

  • LISBON, Dec 5- Telecoms group Altice's plan to buy the Portuguese operations of Brazil's Oi for 7.4 billion euros depends on winning the backing of shareholders in Portugal Telecom SGPS, the holding company which owns 25.6 percent of Oi, a spokesman for Portugal Telecom said. Lisbon- listed Portugal Telecom SGPS is the target of a 1.2 billion-euro takeover offer...

  • LONDON, Dec 4- Global mining company Rio Tinto is not looking to make any major acquisition to protect itself from a potential Glencore takeover, Chief Executive Sam Walsh said at a meeting with investors on Thursday. Since Rio Tinto rejected a tentative approach from smaller rival Glencore in July, speculation has mounted that it might rush to make an...

  • LONDON, Dec 4- Global mining company Rio Tinto is not looking to make any major acquisition to protect itself from a potential Glencore takeover, Chief Executive Sam Walsh said at a meeting with investors on Thursday. After Rio Tinto rejected a tentative July approach from smaller rival Glencore, speculation has mounted that it might rush to make an acquisition...

  • Symphony Communications buys Markit's chat service Tuesday, 2 Dec 2014 | 1:19 PM ET

    Dec 2- Symphony Communication Services LLC, a financial industry instant messaging company backed by Goldman Sachs Group Inc and other big banks, said it bought the open messaging business of financial information provider Markit Ltd.. Goldman led a group of 14 banks including Bank of America Corp, Citigroup Inc and JPMorgan Chase& Co in making a $66 million...

  • Autonomy's fight with Hewlett-Packard  Tuesday, 2 Dec 2014 | 11:20 AM ET

    Michael Lynch, Autonomy founder, discusses "accounting misrepresentations" involving Autonomy after it was sold to Hewlett-Packard back in 20111 for $11 billion.

  • Otsuka said subsidiary Otsuka Pharmaceutical Co Ltd would pay $17 per share in cash, or a premium of 13.3 percent to Avanir's closing price on Monday. The deal, Otsuka's biggest according to Thomson Reuters data, comes as the company aims to beef up its product pipeline ahead of a so-called "patent cliff" after April 2015, when its U.S. patent for schizophrenia drug...

  • Dec 2- Otsuka Pharmaceutical Co Ltd, a unit of Japan's Otsuka Holdings Co Ltd, said it would buy U.S.-based Avanir Pharmaceuticals Inc for about $3.5 billion to expand its neurologic drug portfolio. Otsuka's deal comes as it faces imminent expiration of its patent for schizophrenia drug Abilify in April 2015. Goldman Sachs advised Otsuka while Centerview...

  • Dec 1- Cypress Semiconductor Corp will buy peer Spansion Inc for $1.59 billion in stock to create a flash-memory chipmaker with more than $2 billion in annual revenue. Spansion's stock was trading at $25.20 after the bell, lower than Cypress's offer of $25.63, based on Monday's close. Spansion shareholders will receive 2.457 Cypress shares for each Spansion...