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  • New York Life will also assume 60 percent of certain life insurance policies of Manulife's U.S. unit, John Hancock Financial, on a reinsurance basis, the Canadian company said. The combined business will have 2.5 million plan participants, Manulife said. Manulife and Britain's Standard Life agreed in September to a near- $4 billion deal for the Canadian...

  • NEW YORK, Dec 23- Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology. The deal puts an end to litigation started last year by Rockstar against several handset manufacturers whose phones operate on Google Inc's Android...

  • NEW YORK, Dec 23- Patent risk management company RPX Corp on Tuesday announced a $900 million deal to buy most of the patents owned by Rockstar Consortium, formed by Apple Inc. and other major technology firms in 2011 following the bankruptcy of Nortel Network Corp.. The consortium last year also sued several handset manufacturers whose phones operate on...

  • *Nutreco falls as Cargill drops takeover bid. *FTSE up but pares gains as UK external deficit rises. Dutch animal feed company Nutreco also fell, sliding 5 percent after U.S. commodities company Cargill said it was dropping a bid for Nutreco.

  • TOKYO, Dec 22- Japanese stocks briefly hit a two-week high on Monday morning, led by oil-related shares on rebounding crude prices and as Showa Shell Sekiyu surged over 25 percent on a media report of an impending takeover bid. Oil refiner Showa Shell Sekiyu was the highlight of the session, surging 25.6 percent after media reported the oil refiner was in talks to...

  • UPDATE 1-China's Fosun raises offer for Club Med Friday, 19 Dec 2014 | 3:48 AM ET

    PARIS, Dec 19- Chinese billionaire Guo Guangchang on Friday sweetened his bid for struggling Club Mediterranee at the last minute, trumping a 24 euros offer from Italian tycoon Andrea Bonomi in France's longest-running takeover battle. The new offer was made by Gaillon Invest II, majority controlled by Guo's Fosun conglomerate. It now includes Fosun with a...

  • BANGKOK, Dec 19- Thai Union Frozen Products PCL may need to raise equity capital to lower its debt-to-equity ratio after a $1.5 billion acquisition of U.S. tuna producer Bumble Bee Seafoods, the company's chief executive said on Friday. TUF's debt-to-equity ratio will more than double to 2.0 from 0.8 after the acquisition, Thai Union's President and Chief...

  • *Third acquisition for Thai Union so far this year. Thai Union, which makes "Chicken of the Sea" brand tuna and counts Wal-Mart Stores Inc and Costco Wholesale Corp among its clients, said on Friday its biggest-ever purchase will give it North America's largest seafood brands like Bumble Bee, Brunswick and Sweet Sue. Bumble Bee is the third acquisition deal this...

  • BANGKOK, Dec 19- Thai Union Frozen Products PCL, the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 percent of North American tuna company Bumble Bee Foods for $1.51 billion from a private equity firm. The deal is part of a plan by Thai Union, the world's largest canned tuna producer, to boost the group's portfolio of...

  • SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula ParticipaƧƵes holding...

  • AMSTERDAM, Dec 17- Philips has agreed to acquire U.S.-based medical device maker Volcano Corp for $1.2 billion including debt, its largest healthcare acquisition in seven years and a bid to cash in on an ageing population's need for more complex treatments. But at $18 per Volcano share, a premium of 57 percent to its Tuesday closing price, Wednesday's deal...

  • BEIJING, Dec 17- Chinese Internet giant Baidu Inc agreed to buy a stake in Uber as the online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transportation markets. Baidu is the latest big-name investor, joining the likes of Goldman Sachs and Google Inc, to place a bet on the fast-growing transportation...

  • Dec 17- Philips will acquire Volcano Corp, a U.S.-based medical device maker, for $1.2 billion including debt, to expand in the image-guided therapy market. Philips will offer $18 per share for Volcano, the companies said in a statement on Wednesday. The offer is at a premium of about 57 percent to Volcano's closing price on the Nasdaq on Tuesday.

  • Campbell Soup innovates with organics  Tuesday, 16 Dec 2014 | 4:27 PM ET

    Campbell Soup Company CEO Denise Morrison, shares her consumer forecast, and discusses how her company is making products more available to consumers.

  • Repsol to buy Talisman Energy  Tuesday, 16 Dec 2014 | 9:11 AM ET

    CNBC's David Faber reports Canada's Talisman Energy has agreed to be acquired by Spain's Repsol for $3.8 billion. Jim Cramer provides insight on the deal.

  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, has agreed to buy U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the faster-growing boutique hotel sector. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings...

  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, said it had agreed to acquire U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the boutique hotel space. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings enhancing...

  • European shares slip again; CGG sinks 30 pct Monday, 15 Dec 2014 | 10:05 AM ET

    *CGG tumbles as Technip walks away. Shares in seismic oil and gas services group CGG were the top losers across Europe, plummeting 30 percent as rival Technip abandoned a takeover bid. Shares in Banca Monte dei Paschi di Siena fell 6.7 percent, hitting an all-time low on speculation it will need to raise capital to meet European Central Bank rules.

  • PetSmart sold for $8.2 billion  Monday, 15 Dec 2014 | 9:05 AM ET

    PetSmart has agreed to be acquired by a consortium controlled by BC partners for $8.2 billion. CNBC's Jim Cramer and David Faber break down the deal.

  • *Technip up 8 pct after ruling out CGG takeover. French oil services group Technip was the top performer on the FTSEurofirst 300 index of pan-European shares, rising 8 percent after it dropped a bid for seismic surveys specialist CGG. Oil and gas majors and services companies were among top gainers on the FTSEurofirst 300, with Tullow Oil, Total and BG Group up...