Mergers

More

• UPDATE 3-Modelo deal parties working on DOJ concerns -source

  NEW YORK/ WASHINGTON- Feb 1- Anheuser-Busch InBev SA, Grupo Modelo and Constellation Brands Inc are discussing ways to address U.S. regulators' antitrust concerns over their mega-merger and expect to soon open settlement talks to avoid a trial, a source close to one of the companies said on Friday.

• UPDATE 2-Autogrill split raises prospect of retail business deal

  MILAN, Feb 1- Autogrill, the world's biggest airport retailer, may split its business in two, a move that could help revive its main food operation and lead to a merger for the retail division. The announcement of the possible split, which has been the subject of market speculation for the last two years, sent Autogrill shares to their highest since May 2011.

• After Abu Dhabi property merger, more streamlining seen

  *Abu Dhabi cracking the whip with state-linked firms. DUBAI, Jan 30- The state-backed union of Abu Dhabi's two biggest property developers is likely just the first step in a wider consolidation that will see projects and state entities merged in a bid to stabilise the real estate market.

• Kinder Morgan Buys Copano Energy Pipeline for $3.22 Billion

  

  Kinder Morgan Energy Partners will buy natural gas pipeline operator Copano Energy for $3.22 billion to tap into growing demand for infrastructure in Texas and Oklahoma.

• Twinkies Deal With Private Equity Nearly Complete: Source

  

  Private equity firms Apollo Global Management and C. Dean Metropoulos are near a deal to buy snack cake brands including Twinkies from bankrupt Hostess Brands, according to a source familiar with the matter.

• UPDATE 2-Billionaire duo shortlisted for Polyus stake-sources

  MOSCOW, Jan 29- Two Russian billionaires have been shortlisted to buy a stake in Polyus Gold, sources said, in a deal which could pave the way for a merger with rival Polymetal to create a national gold mining champion.

• Union says workers would get raises under US Air-AMR merger

  Jan 28- The Transport Workers Union of America, which represents ground workers at American Airlines, said on Monday it has reached an agreement with US Airways Group Inc and AMR Corp that would grant immediate raises of 4.3 percent for its workers, should a merger of the two carriers take place.

• UPDATE 1-Union: workers would get raises in a US Air-AMR merger

  Jan 28- The Transport Workers Union of America, which represents ground workers at American Airlines, said on Monday it has reached an agreement with US Airways Group Inc and AMR Corp that would grant immediate raises of 4.3 percent for its members should a merger of the two carriers take place.

• EXCLUSIVE-US Air, AMR deal could come in next 2 weeks-sources

  *US Air, AMR yet to agree valuation, management team-sources. NEW YORK, Jan 25- US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with the final price and management structure still to be resolved, four people familiar with the matter said.

• UPDATE 2-Abu Dhabi property firms merge to counter slowdown

  *Abu Dhabi govt, related entities to own 37 pct of new firm. ABU DHABI, Jan 21- Abu Dhabi's two biggest property firms have agreed a state-backed, all-share merger to create a business with $13 billion of assets which the government hopes can stabilise a market hit by oversupply and falling prices.

• UPDATE 1-UAE property firms Aldar, Sorouh agree merger

  *Abu Dhabi govt, related entities to own 37 pct of combined firm. ABU DHABI, Jan 21- Abu Dhabi's two biggest property firms, Aldar Properties and Sorouh Real Estate, have agreed on a state-backed, all-share merger that would create a firm with $15 billion in assets and could help to stabilise the emirate's struggling real estate sector.

• AMR pilot contract would cover US Air pilots in merger -memo

  Jan 15- If American Airlines and US Airways Group merge, pilots of the carriers would initially be governed by the contract currently in place with American's pilots, according to terms of a memorandum disclosed on Tuesday.

• Dell Buyout Has '50-50' Chance: Wilbur Ross

  

  There's a "50-50 chance" that Dell would be taken private — private equity billionaire Wilbur Ross told CNBC Tuesday, in reaction to reports that the computer maker is in talks with PE firms about a potential $20 billion-plus buyout.

• Billabong Shares Surge After Second Takeover Bid

  

  Shares in Australia's Billabong International surged more than 12 percent on Tuesday after the struggling surfwear company received a second takeover proposal.

• UPDATE 1-Australia's Altona weighs options after Xstrata shuns copper project

  *Xstrata opts not to buy 51 pct stake in Roseby project. MELBOURNE, Jan 14- Australia's Altona Mining may sell its Roseby copper project or seek to merge itself with another firm after global miner Xstrata decided not to buy into the copper project in Queensland state, Altona's managing director said on Monday.

• Australia's Altona weighs sale of Roseby copper project, merger

  MELBOURNE, Jan 14- Australia's Altona Mining is considering selling its Roseby copper project or seeking a merger among a range of options after Xstrata decided not to buy into the copper project in Queensland state, its chief said on Monday.

• Greenbrier CEO says remains open to talks with Icahn

  Jan 9- Greenbrier Cos Inc remains open to talks with Carl Icahn about a merger with American Railcar Industries Inc, the railcar maker's chief executive said, after rejecting two takeover offers from the billionaire investor in the last month.

• UPDATE 1-American Airlines entering key period in restructuring

  *To review tie-up with US Airways vs independence- sources. Jan 4- As American Airlines' board meets next week, expectations are high that it will give more concrete shape to the airline's plans to either merge with US Airways or stay independent.

• American Airlines entering critical period in restructuring

  *To review tie-up with US Airways vs independence- sources. Jan 4- As American Airlines' board meets next week, expectations are high that it will give more concrete shape to the airline's plans to either merge with US Airways or stay independent.

• Nikkei falls as investors sell exporters on stalled U.S. budget talks

  *Olympus down 1.8 pct on Sony merger delay. TOKYO, Dec 21- Japan's Nikkei average erased earlier gains and turned lower on Friday after a Republican proposal to avert with a U.S. fiscal crunch failed to get enough support, triggering selling in exporters as the yen strengthened. at 10,014.17, after having risen as high as 10,175.06 earlier.