GO
Loading...

Acquisitions

More

  • Telefonica in talks to buy Mexico's Iusacell -reports Wednesday, 5 Feb 2014 | 3:26 PM ET

    MEXICO CITY, Feb 5- Spanish phone company Telefonica is in talks to buy Mexico's third-largest cellphone company, Iusacell, according to media reports on Wednesday. Citing people familiar with the matter, Bloomberg and Spanish newspaper El Economista reported that Telefonica was in talks with Grupo Televisa and Grupo Salinas, which co-own Iusacell.

  • MILAN, Feb 5- U.S. office furnisher Haworth agreed to pay 2.96 euros a share for a majority stake in Poltrona Frau before acquiring the rest of the company in a deal the Italian upmarket armchair maker hopes will increase its access to international markets.

  • Anheuser Busch buys N.Y. craft brewer Blue Point Wednesday, 5 Feb 2014 | 12:14 PM ET

    NEW YORK, Feb 5- Anheuser-Busch InBev SA struck a deal to buy New York microbrewery Blue Point Brewing Co, as the world's largest beer maker seeks to increase its offerings in the fast-growing craft-beer segment.

  • Feb 4- U.S. agribusiness giant Archer Daniels Midland Co said Tuesday it remained committed to expanding its global reach to satisfy Asia's fast-growing demand for food, despite a failed bid to acquire Australian grain handler GrainCorp.

  • *Entegris offers $34 for each ATMI share. Feb 4- Entegris Inc said it would buy ATMI Inc for $1.15 billion, bringing together two key suppliers of high-purity materials and packaging systems used in the manufacture of semiconductors. Entegris's offer of $34 per share represents a premium of 26 percent to ATMI's closing price of $26.93 on the Nasdaq on Monday.

  • Feb 3- Whole Foods Market Inc said it bought seven Dominick's Finer Foods stores leases in Chicago from Safeway Inc.. The largest U.S. natural and organic grocery chain said it expects to reopen the stores as Whole Foods Market stores in 2015.. Whole Foods has 19 existing stores as well as three stores in development in Chicago.

  • TORONTO, Feb 3- Valeant Pharmaceuticals International Inc said on Monday it has agreed to acquire privately held PreCision Dermatology Inc for $475 million in cash to strengthen its skin products business.

  • Ackman's Pershing Square trims holdings of Beam Friday, 31 Jan 2014 | 5:53 PM ET

    BOSTON, Jan 31- Hedge fund manager William Ackman sold 7.3 million shares in Beam Inc this week, according to a regulatory filing on Friday, trimming his holdings three weeks after the share price spiked on news of a planned takeover by Japanese whiskey maker Suntory Beverage& Food Ltd.

  • PARIS, Jan 31- A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth.

  • WASHINGTON, Jan 30- U.S. officials are likely to allow China's Lenovo Group to buy IBM's low-end server business and Google Inc's Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said.

  • UPDATE 2-Conoco profit beats estimates, asset sales help Thursday, 30 Jan 2014 | 10:38 AM ET

    Jan 30- ConocoPhillips, the largest U.S. oil company without refining operations, said on Thursday its fourth-quarter profit rose more than expected, helped by the sale of its Algerian business and production of more North American crude oil.

  • Jan 30- ConocoPhillips, the largest U.S. oil company without refining operations, on Thursday said its fourth-quarter profit rose with help from the sale of its Algerian business and lower taxes. Profit in the quarter was $2.5 billion, or $2.00 per share, compared with $1.4 billion, or $1.16 per share, a year earlier.

  • ConocoPhillips quarterly profit higher on asset sales Thursday, 30 Jan 2014 | 7:19 AM ET

    Jan 30- ConocoPhillips, the largest U.S. oil company without refining operations, on Thursday said its fourth-quarter profit rose, helped by the sale of its Algerian business and other assets. Profit in the quarter was $2.5 billion, or $2.00 per share, compared with $1.4 billion, or $1.16 per share, a year earlier.

  • The company also took a charge for the recently announced sale of its contact lens business, 1-800 Contacts, to private equity firm Thomas H. Lee Partners, which caused a sharp decline in net profit. Competitor Aetna Inc is in about 16 states while UnitedHealth Group Inc, the largest insurer, has only offered plans in a few states.

  • Jan 29- WellPoint, the second-largest U.S. health insurer, on Wednesday reported a lower quarterly profit as it took a charge for the sale of its contact lens business, and it said 2014 earnings would also decline. The company forecast earnings of at least $8 per share in 2014, representing a likely drop from the $8.52 it earned in 2013 before special items.

  • LONDON/ NEW YORK, Jan 28- Shareholders of both Vodafone and Verizon Communications Inc approved Verizon's $130 billion takeover of their Verizon Wireless venture on Tuesday, paving the way for the third biggest deal in corporate history.

  • Latest RBS hit may speed up sale of US arm Citizens Tuesday, 28 Jan 2014 | 9:09 AM ET

    LONDON, Jan 28- Royal Bank of Scotland's latest 3 billion pound hit for past misdeeds will leave the state-backed bank low on capital, potentially pushing new boss Ross McEwan to speed up a sale of its Citizens banking business in the United States.

  • Jan 28- Martin Marietta Materials Inc said it would buy Texas Industries Inc for about $2 billion in stock to strengthen its cement business and increase its presence in high-growth construction markets such as Texas and California. Texas Industries is the largest producer of cement in Texas and a major producer in California.

  • Jan 28- Construction material supplier Martin Marietta Materials Inc said it would buy Texas Industries Inc for about $2.06 billion in stock. Texas Industries had put itself up for sale as its largest shareholders sought to exit their stakes, Bloomberg had reported in December.

  • UPDATE 5-AT&T rules out Vodafone bid for now Monday, 27 Jan 2014 | 2:38 PM ET

    *AT&T says will not bid for Vodafone in next six months. LONDON, Jan 27- AT&T on Monday ruled out a bid for Britain's Vodafone after Britain's takeover watchdog asked the U.S. phone company to clarify its position following reports that it had sounded out European regulators on the prospects of a merger.