Mergers and Acquisitions Mergers

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  • ATHENS/ SHANGHAI, Feb 5- China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Bolstered by December's merger with China Shipping Group, COSCO's...

  • Shell to layoff 10,000 employees

    Antonin Jullier, global head of equity trading strategy at Citi, discusses the impact of the deal between Royal Dutch Shell and BG.

  • Feb 5- Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Hedge funds such as Ancora Advisors, Clover Partners and Seidman& Associates are buying up stakes in lenders across the U.S., from community banks to large regional lenders.

  • Feb 4- U.S. toymakers Mattel Inc and Hasbro Inc have held talks about a possible merger, Bloomberg reported, citing people familiar with the matter. Hasbro approached Mattel about a potential transaction late last year, and the companies have held talks about a deal since then, Bloomberg said citing the people. The talks may not lead to a deal, Bloomberg reported,...

  • Feb 4- U.S. toymakers Mattel Inc and Hasbro Inc are said to have held talks about a possible merger, Bloomberg reported, citing people familiar with the matter. Mattel shares were up 7.4 percent, while Hasbro was up 3.3 percent in afternoon trading on Thursday. Mattel and Hasbro were not immediately available to comment.

  • Feb 4- Movie and TV studio Lions Gate Entertainment Corp said on Thursday it would explore a combination with media mogul John Malone's premium cable TV network Starz. Los Angeles Times, citing sources, reported in October that Lions Gate was in advanced talks to merge with Starz. Starz's rival movie channel Epix, which Lions Gate co-owns with Viacom Inc and MGM,...

  • What does the Syngenta deal tell us? Wednesday, 3 Feb 2016 | 2:36 AM ET
    What does the Syngenta deal tell us?

    Alexander Friedman, group CEO of GAM Holding AG, says ChemChina's acquisition of Syngenta could indicate confidence or the company can't find growth.

  • This transaction is about growth: Syngenta chairman Wednesday, 3 Feb 2016 | 2:26 AM ET
    This transaction is about growth: Syngenta chairman

    Michel Demaré, chairman of Syngenta, says the takeover deal with state-owned ChemChina is good value for shareholders.

  • ChemChina to buy Sygenta for $43 billion Wednesday, 3 Feb 2016 | 1:19 AM ET
    ChemChina to buy Sygenta for $43 billion

    CNBC's Julia Chatterley reports from Basel on Syngenta and the takeover deal by ChemChina, a Chinese state-owned company.

  • *Andrew Liveris orchestrated $130 bln merger with rival DuPont. Feb 2- Dow Chemical's chief executive Andrew Liveris, fresh from orchestrating a $130 billion merger with U.S. rival DuPont, on Tuesday announced plans to retire by mid-2017, a step he takes after years of pitched battles with an activist shareholder unhappy with his leadership.

  • Dow Chemical CEO Liveris to retire by mid-2017 Tuesday, 2 Feb 2016 | 11:44 AM ET
    Andrew N. Liveris, CEO of The Dow Chemical Company.

    Dow Chemical reported better-than-expected quarterly profit on higher margins and that its CEO will retire by mid-2017.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up as much as 4 pct at $44.46. Activist investor Daniel Loeb of hedge fund Third Point has been calling for the removal of Liveris from the merged company.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up as much as 4 pct at $44.46. Dow is targeting an additional $300 million from cost savings in 2016, building on the $345 million it realized last year, Chief Financial Officer Howard Ungerleider said on a post-earnings call.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up 3.3 pct at $44 premarket. Shares of the company, which is merging with DuPont, were up 3.3 percent at $44 in premarket trading.

  • NEW YORK— Dow Chemical on Tuesday reported a surge in its fourth-quarter profit on gains from the sale of its chlorine operations and lower costs from sinking oil prices. The profit boost comes as the Midland, Michigan- based company moves toward closing a merger with DuPont Co. in the second half of the year that would create a giant chemical company.

  • Expect M&A from ALL big oil firms: Top analyst Monday, 1 Feb 2016 | 2:32 PM ET
    Oil barrels sinking in oil

    Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.

  • Inversion deals: Greed, or good business? Sunday, 31 Jan 2016 | 9:04 AM ET
    Johnson Controls

    Nearly 50 U.S. companies have used inversions to reincorporate overseas in recent years. Is it good business or greed?

  • MADRID, Jan 29- The potential tie-up between Spanish energy firm Gamesa and Siemens's wind business would involve the German engineering group owning just over half, a source directly involved in the talks said. "It is roughly a merger of equals. The source added that the corporate headquarters of the combined entity would be located in Spain.

  • US energy M&A hits 5-year low amid 'survival mode' Thursday, 28 Jan 2016 | 9:00 AM ET
    An oilfield worker fills his truck with water at a filling station before heading to a drilling site in the Permian Basin oil field on January 20, 2016 in the oil town of Andrews, Texas.

    Dealmaking in America's oil patch plunged in Q4 as corporations preserved cash in the face of falling crude prices and tight capital markets.

  • Such a deal would accelerate Rome's push for consolidation of Italy's banks, although it would be tricky to pull off as Popolare di Milano is already in the advanced stages of merger talks with Banco Popolare, the sources said. As well as helping Rome deliver on its promises to overhaul Italy's banking system, it would ensure Monte dei Paschi stays in Italian...