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Acquisitions

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  • Oct 6- Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters. Portugal Telecom has already transferred its local assets to Oi and retains a minority stake in the enlarged carrier, Bloomberg reported on Monday, citing a source...

  • SAN FRANCISCO, Oct 6- Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months. WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an...

  • *Iberdrola wants to make acquisition in the U.S. MADRID/ FRANKFURT, Oct 6- Spanish power firm Iberdrola has hired JPMorgan Chase& Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Iberdrola's earnings suffered in Europe's...

  • Oct 5- Medical equipment supplier Becton Dickinson& Co has agreed to buy CareFusion Corp, a maker of infusion pumps and other medical devices, for $12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal. Becton said on Sunday it would pay a total of $58.00 a share- $49.00 in cash and 0.0777 of a share of Becton Dickinson- for...

  • Oct 5- Medical equipment supplier Becton Dickinson& Co has agreed to buy CareFusion Corp, a maker of infusion pumps and other medical devices, for $12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal. Becton said on Sunday it would pay a total of $58.00 a share- $49.00 in cash and 0.0777 of a share of Becton Dickinson- for...

  • SAO PAULO, Oct 2- Mergers and acquisitions in Brazil gained momentum in the third quarter despite rising economic and political risks, as foreign companies and private-equity firms scoured for takeover targets, hoping to tap the country's long-term potential. Companies announced $23.26 billion worth of deals in Brazil between July 1 and Sept. 30, up 76 percent...

  • Medtronic up sharply     Friday, 3 Oct 2014 | 9:29 AM ET

    CNBC's David Faber reports Medtronic is changing its source of cash for its deal to buy Covidien.

  • Oct 3- Iamgold Corp said on Friday it has agreed to sell its niobium mine in Quebec to a group of companies led by investment firm Magris Resources Inc for $500 million in cash, to focus on its core gold mining business. Magris is acquiring the niobium asset in partnership with Singapore's Temasek Holdings and CEF Holdings Ltd, a Hong Kong- based investment company...

  • Iliad, which had initially proposed buying a 56.6 percent stake in Deutsche Telekom AG's U.S. unit, is still prepared to offer about $33 for each T-Mobile share, the Bloomberg report said on Thursday. Sprint Corp, which in August dropped its bid to acquire T-Mobile, had agreed to pay $40 per share under the broad terms of an agreement worked out with Deutsche Telekom.

  • Oct 2- Constellation Brands Inc on Thursday said that it was expanding capacity at its brewery in Mexico to increase its share of the market for import beers in the United States. The company will acquire from Anheuser-Busch InBev. a glass production plant in Nava, Mexico for $300 million, pending approval from regulators. Last year, as part of ABInBev's...

  • *Deal gives Nedbank bigger presence in Africa. JOHANNESBURG, Oct 2- South Africa's Nedbank said on Thursday it will acquire a 20 percent stake in pan-African lender Ecobank Transnational for $493 million in cash, ending months of speculation it could walk away from the deal over governance concerns. "Nedbank will be investing a very substantial amount of their...

  • *No EU concerns about Eli Lilly, Novartis deal. In contrast, U.S. drugmaker Eli Lilly's proposed $5.4 billion takeover of Swiss peer Novartis's animal health business triggered no such worries and will be cleared unconditionally, the sources said. Eli Lilly is buying the Novartis unit to strengthen and diversify its Elanco unit.

  • UPDATE 1-Dover Corp buys Accelerated Cos for $430 mln Thursday, 2 Oct 2014 | 9:11 AM ET

    Oct 2- Dover Corp, a maker of pumps and compressors, said it bought artificial lift pump maker Accelerated Cos LLC for about $430 million to strengthen its position in the fast-growing U.S. shale market for well development. The deal is expected to reduce Dover's continuing earnings by 3 cents per share in the fourth quarter, but add 5 to 6 cents per share to Dover's...

  • It only takes one conversation with Buffett...     Thursday, 2 Oct 2014 | 8:06 AM ET

    Larry Van Tuyl, Van Tuyl Group, discusses the events leading up to selling his business to Warren Buffett.

  • Berkshire to buy Van Tuyl Group: Buffett     Thursday, 2 Oct 2014 | 8:00 AM ET
    Warren Buffett

    Warren Buffett, Berkshire Hathaway chairman & CEO, and Larry Van Tuyl, Van Tuyl Group, discuss Berkshire Hathaway's deal to buy the nation's largest privately-owned auto dealership.

  • SAO PAULO, Oct 2- Mergers and acquisitions in Brazil gained momentum in the third quarter despite rising economic and political risks, as foreign companies and private-equity firms scoured for takeover targets, hoping to tap the country's long-term potential. Companies announced $23.26 billion worth of deals in Brazil between July 1 and Sept. 30, up 76 percent...

  • Oct 1- Activist investor Starboard Value LP said on Wednesday it has offered to acquire the remaining shares in RealD Inc after raising its stake in the 3 D technology licensor. Starboard offered $12 per share in cash, a premium of 29 percent to RealD stock price as of Wednesday close, valuing the company at about $540 million. RealD's shares rose as much as 26.7...

  • Oct 1- Communications and events company UBM Plc said it would acquire Advanstar Communications, a privately-held trade show organizer, for $972 million in cash to increase its focus on the events business in North America. Shares in the FTSE -250 company fell more than 3 percent on Wednesday to their lowest in more than two years.

  • Oct 1- Communications and events company UBM Plc said it would acquire Advanstar Communications, a privately-held trade show organiser, for $972 million in cash to increase its focus on the events business in North America. The company also announced a rights issue of 563 million pounds to help fund the deal.

  • Sept 30- UnitedHealth Group Inc said on Tuesday it agreed to buy MedSynergies, which manages physician practices, adding about 9,300 doctors to the hospital and health system services that its Optum technology-based business currently serves.