Acquisitions
More
-
CNBC's Kayla Tausche reports on the last day for potential buyers to grab a seat at the Twinkie table.
-
LONDON/ SAN FRANCISCO, Dec 10- British TV decoder maker Pace Plc said on Monday that it had made an early-stage proposal to Internet group Google Inc to acquire its set-top TV box maker Motorola Home.
-
*Decode to help Amgen to develop better-targeted drugs. *Decode CEO retains research role at Amgen. LONDON, Dec 10- U.S. biotechnology group Amgen Inc has agreed to buy unlisted Decode Genetics, a pioneer in hunting down genes linked to disease, for $415 million in cash to boost its drive to develop better targeted drugs.
-
*ILFC deal will boost China outbound M&A to $56.8 bln in 2012. Chinese firms have previously shown interest in aircraft leasing, and the deal would give China access to a global network of about 200 airlines in 80 countries. China is already ILFC's largest market with 180 planes operating there, giving it 35 percent market share.
-
*Falcon is owned by Abu Dhabi fund Aabar. DUBAI, Dec 10- Falcon Private Bank, the Abu Dhabi- owned entity which bought the London unit of Clariden Leu, is eyeing more acquisitions in the boutique wealth management sector as the industry consolidates to cut costs, a top executive said on Monday.
-
*CNOOC must report back to Canada government annually. Defending the $15.1 billion takeover of Nexen, one of Canada's largest independent oil companies, in the face of grumbles from the left, Paradis said that Canada won "significant undertakings" from CNOOC.
-
Canada has approved China's biggest ever foreign takeover, the $15.1 billion bid from CNOOC for energy company Nexen, but has drawn a line in the sand against future buys by state-owned enterprises.
-
*Canada approves CNOOC bid for Nexen, Petronas Progress buy. NEW YORK/ OTTAWA, Dec 7- Canada approved China's biggest ever foreign takeover on Friday, the $15.1 billion bid from CNOOC Ltd for energy company Nexen Inc., but drew a line in the sand against future buys by state-owned enterprises.
-
Dec 7- Canada announced new foreign investment guidelines on Friday to clarify the criteria the government will use in deciding whether to approve foreign takeover proposals, particularly those made by state-owned enterprises, or SOEs.
-
Dec 7- Canadian authorities approved the acquisition of Nexen Inc by China's CNOOC Ltd on Friday and the purchase of Progress Energy Resources by Malaysia's Petronas after months of anxiety over the fate of foreign investments in Canadian resources.
-
NEW YORK/ OTTAWA, Dec 7- Canadian authorities approved the acquisition of Nexen Inc by CNOOC Ltd and the purchase of Progress Energy by Petronas, easing months of anxiety over the fate of foreign investments in Canadian resources. The Canadian dollar firmed against the U.S. dollar after Reuters reported the CNOOC deal had been approved.
-
NEW YORK/ OTTAWA, Dec 7- Canadian authorities have approved the acquisition of Nexen Inc by China's CNOOC Ltd, a source familiar with the matter said on Friday. CNOOC has offered $15.1 billion to buy Nexen, which has Alberta oil sands assets and offshore operations in the North Sea, Gulf of Mexico and Nigeria.
-
NEW YORK, Dec 7- Canadian vitamin maker Jamieson Laboratories is in advanced talks to sell itself in a takeover that is expected to be announced in the near future, a source directly familiar with the matter said on Friday, continuing a spate of deals in the nutrition industry. Investment bank Houlihan Lokey was advising Toronto- based Jamieson, the source said.
-
*Government has until Dec. 10 to rule on CNOOC bid. OTTAWA, Dec 7- A powerful Canadian cabinet committee which has been studying CNOOC Ltd's $15.1 billion bid for domestic oil producer Nexen Inc met on Friday as the deadline loomed for Canada's ruling on the proposed Chinese takeover.
-
NEW YORK, Dec 7- Insurer American International Group Inc is expected to announce the sale of its airplane leasing business ILFC to a Chinese consortium early next week, a source familiar with the situation said on Friday.
-
*Buys business from Bunge to boost products, distribution. OSLO, Dec 7- Norway's Yara has agreed to buy the Brazilian fertilizer business of commodities giant Bunge in a deal valued at $750 million, giving it a wider product range and distribution network in a key market.
-
TD Bank Group's CEO Ed Clark discusses Q4 profits that beat the Street, and his company's decision to buy Epoch Holding Corporation.
-
TORONTO, Dec 6- Primaris Retail REIT's chief executive said on Thursday the company is in the process of hiring financial advisers, a day after receiving a C $2.6 billion takeover bid from a consortium led by KingSett Capital.
-
Move comes as U.S. retailers look to expand in Canada. TORONTO, Dec 5- A consortium led by Canada's KingSett Capital will offer about C $2.6 billion to acquire Primaris Retail REIT to bolster its portfolio of Canadian shopping malls at a time when U.S. retailers are looking to expand northward.
-
Dec 5- Freeport-McMoRan Copper& Gold is not diminishing its outlook on copper "in any fashion" despite a blockbuster $9 billion deal to acquire oil and gas assets, Chief Executive Richard Adkerson said on Wednesday.