GO
Loading...

Acquisitions

More

  • Time Warner Inc's CNN bought Zite, a news reader application that aggregates content for tablets like Apple Inc's iPad in 2011, for around $20 million, according to reports at the time.

  • Flipboard acquires Zite from CNN Wednesday, 5 Mar 2014 | 10:50 AM ET

    Time Warner Inc's CNN bought Zite, a news reader application that aggregates content for tablets like Apple Inc's iPad in 2011, for around $20 million, according to reports at the time.

  • March 4- Comcast Corp on Tuesday said its discounted Internet service for low-income families will be available indefinitely, a move that should please U.S. regulators as the company seeks approval for its $45.2 billion takeover of Time Warner Cable.

  • *Core profit at $13.1 bln beats consensus of $12.3 bln. LONDON, March 4- Commodities trader and mining group Glencore Xstrata Plc has raised its estimate of the savings it expects following last year's Xstrata acquisition, as it focuses on cost-cutting and targets higher returns for shareholders.

  • March 3- Osisko Mining Corp has settled a lawsuit it filed against Goldcorp Inc in reaction to Goldcorp's hostile takeover bid for the Canadian gold miner, a move that might lead to a negotiated deal or buy Osisko time to find a white knight.

  • March 3- Men's Wearhouse Inc said it had entered into a non-disclosure agreement with Jos. A. Bank Clothiers Inc and received a draft merger agreement from the smaller company. A. Bank rejected Men's Wearhouse's revised $1.78 billion takeover offer last week, but said it would be willing to discuss a higher bid. Men's Wearhouse raised its cash tender offer to Jos.

  • March 3- Google Inc and Samsung Electronics Co Ltd have asked Chinese regulators to ensure that Microsoft Corp's bid to acquire Nokia Oyj's phone business did not lead to higher licensing fees on patents that remain with the Finnish company, Bloomberg reported on Monday.

  • Feb 28- Charter Communications would consider buying subscribers that Comcast could divest as part of its proposed Time Warner Cable takeover, Greg Maffei, chief executive of Charter's largest stakeholder, Liberty Media, said on Friday.

  • *Top four buyers take 1.25 mln bpd from Iran in Jan. The OPEC member's oil sales in January to its four biggest buyers topped the 1 million barrels per day where Western powers wanted to hold shipments to maintain pressure on Iran to end the disputed programme.

  • Senator Al Franken warned telecommunications regulators on Thursday that Comcast Corp's proposed acquisition of Time Warner Cable Inc could mean "higher prices, fewer choices, and even worse service for consumers." Comcast, the largest U.S. cable company, said on Feb. 13 it had agreed to acquire No. 4 Time Warner Cable for $45.2 billion.

  • A. Bank, Men's Wearhouse shares up in after-market trading. Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer calling it inadequate, but said it was willing to talk with its larger rival about a higher bid.

  • Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer, calling it inadequate, but said it was willing to talk with its larger rival about a higher bid. Men's Wearhouse on Monday raised its cash tender offer to Jos.

  • UPDATE 1-Valeant swings to profit on Bausch & Lomb buy Thursday, 27 Feb 2014 | 7:08 AM ET

    Feb 27- Valeant Pharmaceuticals International Inc, Canada's largest listed drugmaker, swung to a quarterly profit driven by the acquisition of contact lens maker Bausch& Lomb Holdings Inc.. Valeant's net income attributable to the company was $123.8 million, or 36 cents per share, for the fourth quarter ended Dec. 31.

  • AMSTERDAM, Feb 27- Dutch lender Rabobank said net profit dipped 2 percent last year as a $1 billion fine for rigging benchmark interest rates and hefty real estate impairments were only partly offset by the sale of its fund management business.

  • FRANKFURT, Feb 27- Bayer said it would buy privately held Dihon Pharmaceutical Group Co, a maker of traditional herbal Chinese medicines, as the German drugmaker pushes to become the world's largest non-prescription medicines group.

  • Amcol accepts Imerys' $1.39 bln buyout offer Wednesday, 26 Feb 2014 | 5:31 PM ET

    Feb 26- Amcol International Corp, a U.S. minerals and materials group, agreed to French peer Imerys S.A.' s sweetened takeover offer of about $1.39 billion that topped a rival bid by Minerals Technologies Inc.. Amcol said the French company offered $42.75 per share, topping Minerals Technologies's offer of $42.50 per share.

  • MADRID, Feb 26- Spanish oil major Repsol said on Wednesday it was on the lookout for acquisitions to boost its exploration and production business following the bruising loss of its Argentine energy arm two years ago.

  • Feb 26- General Electric Co said it would pay $1.7 billion to Japan's Shinsei Bank Ltd to end exposure to interest repayment claims related to the sale of its Japanese consumer loan business to the bank in 2008.. GE said on Wednesday the deal would reduce fourth-quarter and 2013 earnings by $1 billion and earnings per share by 9 cents.

  • *Telekom Austria shares up 0.7 pct. VIENNA, Feb 25- Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.

  • *Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.