PARIS/ MILAN, Sept 3- Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter, said on Thursday it was the right time to leave after she resigned abruptly ahead of the completion of a planned merger with Italy's Yoox. The merger, announced in March and expected to complete next month, will create a leader in the fast-growing online...» Read More
The company behind Pirate's Booty popcorn and Cream of Wheat wants to buy the veggie vendor from General Mills, reports say.
Mor Weizer, CEO of Playtech, discusses his company and trends in the gambling industry.
William Mace, industrials correspondent at Dealreporter, explains the major problems with Monsanto's failed bid for Syngenta.
LONDON— Paddy Power and Betfair have agreed to merge, creating one of the world's largest online betting and gaming companies by revenue. The companies say Paddy Power shareholders would own 52 percent of the combined group and Betfair shareholders would own 48 percent. Paddy Power Chairman Gary McGann would be chairman of the combined group, with Betfair...
*Paddy Power agrees merger with betting exchange Betfair. DUBLIN/ LONDON, Aug 26- Betfair and Irish rival Paddy Power have agreed in principle on a 5 billion pound merger to stake a claim to leadership of the online gambling market in Britain. "We fundamentally believe this industry is all about scale," said Betfair Chief Executive and ex- Paddy Power Chief Operating...
Joel Leonoff, president and CEO of Optimal Payments, talks about the mergers and acquisitions occurring in the e-commerce space and the potential impact of Apple Pay.
Jessica Ground, U.K. equities fund manager for Schroders, talks about the merger between Shell and BG, and discusses other opportunities in the equities market.
LONDON, Aug 26- Online gambling company Betfair and Irish rival Paddy Power said on Wednesday they had reached an agreement in principle on a 5 billion pound merger, marking the latest in a string of deals in the sector. Under the terms, Paddy Power shareholders would own 52 per cent of the group with Betfair shareholders owning the rest. Betfair Chief Executive...
WASHINGTON— Regulators in the District of Columbia rejected the proposed merger of power companies Exelon and Pepco on Tuesday, saying the deal would not benefit ratepayers. Chicago- based Exelon announced in April of 2014 that it was buying Washington, D.C.- based Pepco Holdings Inc. for $6.8 billion. "We found no benefit to District ratepayers in a new...
Frank Aquila, Sullivan and Cromwell, weighs in on the market selloff and how it plays into equity prices as wells as mergers and acquisitions.
BRUNSWICK, Maine— A bankruptcy judge says two Brunswick, Maine, hospitals can merge. Officials with Mid Coast Health says its purchase of Parkview Adventist Medical Center became official on Thursday. The Portland Press Herald reports the terms of the agreement call for Mid Coast to pay Parkview $3.8 million at closing and forgive $579,540 of an advance it gave...
Sen. Amy Klobuchar, (D-Minn.), discusses her concerns about the deal between online travel websites Expedia and Orbitz.
Recent reports have suggested that Merger Monday is no more. But data show it's as alive as ever, but it's not Monday for the reasons you think.
Investing in gambling? Shares of PENN, a domestic casino company on the move, stand out with the rest of the industry in flux.
The Financial Times and The Economist were sold to help Pearson’s push into education become “one of the great global growth stories of the next decade,” the company’s CEO told CNBC.
Michael Carr, Goldman Sachs global co-head of M&A, weighs in on the record year of deal-making that has been occurring in the markets.
Burkhard Lohr, CFO of K+S, explains why his company has rejected the offer from Canada's Potash Corp of 41 euros per share.
Aug 12- Kraft Heinz Co said it will cut 2,500 jobs in the United States and Canada as part of its cost cutting initiatives following the creation of the company through the $46- billion merger of ketchup maker H.J. Heinz with Kraft Foods. Of the total job cuts, 700 will be in Kraft Heinz's Northfield, Illnois headquarters, spokesman Michael Mullen in an emailed...
Andy Bruce, chief executive of Lookers, talks about the U.K. auto sales industry and his company's first-half earnings.
Kasper Rorsted, CEO of Henkel, discusses his company's second quarter results and whether it will need to lower prices in emerging markets.