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Mergers

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  • WASHINGTON, April 9- The U.S. Senate Judiciary Committee's chairman on Wednesday urged Comcast Corp to extend its commitment to Internet neutrality beyond 2018 as the cable company's executive reassured lawmakers the proposed merger with Time Warner Cable Inc would not hurt consumers.

  • *Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy struggling Australian department store operater David Jones for $2 billion after trumping an offer from Myer Holdings Ltd, it was announced on Wednesday.

  • Comcast, Time Warner to face lawmakers on merger plan Wednesday, 9 Apr 2014 | 1:00 AM ET

    WASHINGTON, April 9- Executives from Comcast Corp and Time Warner Cable Inc are expected to defend their plan to merge as they go before the Senate Judiciary Committee on Wednesday, the first hearing since the $45.2- billion deal was announced in February.

  • Australian retailer agrees to Woolworth's takeover bid Wednesday, 9 Apr 2014 | 12:50 AM ET
    Pedestrians walk past a David Jones Ltd. department store in the central business district of Melbourne, Australia.

    South African retailer Woolworths Holdings is set to buy Australia's second-largest department store David Jones for $2 billion,.

  • *Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping an offer from Australian rival Myer Holdings Ltd with a hefty premium.

  • WASHINGTON/ NEW YORK, April 8- Comcast Corp sought to rebut critics of its planned $45.2 billion takeover of Time Warner Cable Inc, arguing that newcomers like Google Inc and Apple Inc would ensure competition in both Internet and video markets.

  • WASHINGTON/ NEW YORK, April 8- Comcast Corp's merger with Time Warner Cable Inc would not deprive consumers of TV or broadband choices and would help the two companies compete against newcomers including Google Inc and Apple Inc in the video market, Comcast told U.S. regulators on Tuesday.

  • April 8- Qunar Cayman Islands Ltd, the operator of Baidu Inc's travel website, is in talks with Ctrip.com International Ltd for a merger or partnership, Bloomberg reported, citing two people familiar with the matter. Qunar, which is 55 percent owned by Baidu, operates the Qunar.com travel website, while CTrip owns the CTrip.com travel website.

  • MONTERREY/MEXICO CITY, April 8- The merger between Switzerland's Holcim and France's Lafarge presents Mexican cement firm Cemex with a golden opportunity to snap up divested assets, but a heavy debt load means it is unlikely to make any big buys soon.

  • SHANGHAI, April 8- Insurers in China, including Chinese-based foreign insurers, will be allowed to acquire and merge with each other for the first time, according to rules issued by the Chinese insurance regulator seen by Reuters on Tuesday.

  • *Holcim will hold 53 pct of merged entity. PARIS, April 7- Switzerland's Holcim unveiled an all-share deal to buy France's Lafarge on Monday to create the world's biggest cement maker with combined sales of 32 billion euros. Shares in Lafarge rose 4 percent at the open, the top gainer on France's blue-chip CAC 40 index, while shares in Holcim were up 5.4 percent.

  • *Holcim, Lafarge climb after confirming merger deal. PARIS, April 7- European stocks dropped in early trading on Monday, halting a three-week rally and tracking a sell-off on Wall Street on Friday where a number of high-growth companies mostly in the tech and biotech sectors tumbled.

  • Switzerland's Holcim unveiled an all-share deal to buy France's Lafarge on Monday to create the world's biggest cement maker with combined sales of 32 billion euros. Holcim shares were up 5.6 percent while Lafarge gained 3.8 percent.

  • PARIS, April 7- Cement makers Lafarge and Holcim said on Monday that two-thirds of the divestments needed for their merger to satisfy competition watchdogs would be in Europe and the rest outside of the continent.

  • PARIS, April 7- Cement makers Lafarge and Holcim on Monday unveiled the terms of a merger that will create a giant with combined sales of 32 billion euros.

  • *Lafarge declines to comment, Holcim not immediately available. PARIS, April 6- The world's two largest cement makers, France's Lafarge and Switzerland's Holcim, have agreed the terms of a merger that would create a company with a stock market value of around $55 billion, a source close to the situation said on Sunday.

  • PARIS, April 6- The world's two largest cement makers, France's Lafarge and Switzerland's Holcim, have agreed the terms of a merger that would create a company with a stock market value of around $55 billion, a source close to the situation said on Sunday.

  • PARIS, April 6- The world's two largest cement makers, France's Lafarge and Switzerland's Holcim, on Saturday agreed on the terms of a merger that would create a company with a stock market value of around $55 billion, French newspaper Le Figaro reported on its website.

  • PARIS/ ZURICH, April 4- The worlds' two largest cement makers, Lafarge and Holcim, said they are in merger talks, flagging what could be Europe's biggest tie-up of the year to date creating a company with a stock market value of over $50 billion.

  • Lafarge, Holcim say in advanced merger talks Friday, 4 Apr 2014 | 11:12 AM ET

    PARIS/ ZURICH, April 4- French and Swiss cement makers Lafarge and Holcim said on Friday they were in advanced discussions over a possible merger of equals, but that no agreement had yet been reached.