Mergers and Acquisitions Mergers

  • PORTLAND, Maine— FairPoint Communications has struggled with the loss of traditional telephone customers, labor unrest and customer service problems in northern New England. In northern New England, regulators stung by FairPoint's performance when it took over Verizon's landlines will give close scrutiny to details. FairPoint bought Verizon's landline...

  • The primary disputes in Friday afternoon's testimony were whether traditional Medicare, which is managed by the government, competes with Medicare Advantage, run by insurers, and whether Aetna pulled out of some public Obamacare exchanges out of anger after the department filed its lawsuit. The government has shown that once a person signs up for Medicare...

  • Labor leader Jeremy Corbyn speaks during a live TV debate on June 20, 2016 in London, England.

    Sky said, however, a formal offer has not been made, nor is there any certainty that Fox will make an offer to acquire Sky.

  • *Europe and Asia's top banana distributors to join forces. DUBLIN, Dec 9- Japan's Sumitomo Corp has agreed to buy Fyffes for 751 million euros in a deal that will merge the largest banana distributors in Asia and Europe and provide a windfall to shareholders in the Irish company. Sumitomo said it had secured acceptances from 27 percent of shareholders, including...

  • BILLINGS, Mont.— The company that owns Montana's largest mining complex announced Friday that it will be acquired by a South African company for $2.2 billion in a deal that requires U.S. government approval. Sibanye Gold Limited will buy Littleton, Colorado- based Stillwater Mining Company under a merger agreement expected to close in the second quarter of...

  • Trump will be positive for M&A: EY

    Steve Krouskos, global vice chair of transaction advisory services at EY, predicts 2017 to be record year for M&A in terms of volume.

  • Fundamental problem is lack of profitability of banks in Italy

    Gianluca Corradi, head of UK banking practice at Simon-Kucher, discusses the Italian banking system and possible solutions to its lack of capital.

  • BOSTON, Dec 8- Dupont Chief Executive Ed Breen said on Thursday the incoming administration of U.S. While Trump was critical of other large mergers during the campaign, Breen said many U.S. Justice Department officials reviewing the merger are career employees. European Union antitrust regulators said on Nov. 9 they had received key data from the companies and...

  • Pandora radio

    The strategy could give Pandora leverage if satellite radio company SiriusXM pursues serious negotiations about a potential deal.

  • FRANKFURT, Dec 7- Germany's Linde agreed to revive talks with U.S. rival Praxair to create a $65 billion industrial gases giant which will have its main operations run from Connecticut, two sources familiar with the deal said on Wednesday. But a combined company will have its operating base in Danbury, Connecticut, where Praxair is headquartered and Praxair's...

  • WASHINGTON, Dec 7- AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc will increase innovation and bring "better-priced options" to consumers upset by high cable bills, AT&T Chief Executive Randall Stephenson told lawmakers on Wednesday. Senator Al Franken, also a Democrat, expressed the same concern and pressed Time Warner CEO Jeffrey Bewkes on...

  • LONDON, Dec 7- Tata Steel UK offered British unions a deal guaranteeing jobs and investment on Wednesday in return for pension cuts, moving the company closer to merging its European assets with Germany's Thyssenkrupp. Britain's largest steelmaker offered to guarantee production at the country's largest steel plant in Port Talbot, Wales, for five years, and to...

  • FRANKFURT, Dec 7- German industrial gases group Linde has invited U.S. rival Praxair to resume merger negotiations after Praxair offered concessions on the division of power in the combined entity, defusing a dispute which led to the collapse of talks two months ago. At the same time Linde's chief executive Wolfgang Buechele has stepped down with immediate...

  • FRANKFURT, Dec 7- German industrial gases group Linde on Wednesday invited U.S. rival Praxair to negotiate a merger of equals after Praxair defused some contentious issues that had led to the failure of an initial approach. Linde also said after a meeting of its supervisory board on Wednesday that its Chief Executive Wolfgang Buechele would step down sooner...

  • LONDON, Dec 7- Tata Steel UK on Wednesday offered British unions a deal guaranteeing jobs and investment in return for cutbacks to pensions, moving the company a step closer to merging its European assets with Germany's Thyssenkrupp. It also offered to invest 1 billion pounds in its UK business over the next 10 years. In return however, Tata, which employs some...

  • WASHINGTON, Dec 7- AT&T Inc Chief Executive Officer Randall Stephenson told U.S. lawmakers on Wednesday that his company's planned $85.4 billion acquisition of Time Warner Inc would increase innovation, bring "better-priced options" to consumers and "reshape the competitive landscape." "By owning Time Warner content, we will be able to innovate more quickly,...

  • *EU investment banks need to merge with U.S., China rivals. Eric Knight, who founded the fund in 2002 and now has about $800 million under management, said that slimming down by cutting jobs and risk was not the answer to a progressive squeeze on margins driven by tighter regulation. "Is there a future for investment banks in Europe?

  • DUBAI, United Arab Emirates— Stockholders at two Abu Dhabi banks approved a plan Wednesday to merge the firms into the biggest bank of all Gulf Arab countries with assets of $178 billion amid a regional economic slump. Shareholders at the National Bank of Abu Dhabi and First Gulf Bank approved the tie-up at two separate meetings, a move first publicly discussed...

  • FRANKFURT, Dec 7- German industrial gases group Linde on Wednesday invited U.S. rival Praxair to negotiate a merger of equals after Praxair defused some contentious issues that had led to the failure of an initial approach. Linde also said after a meeting of its supervisory board on Wednesday that its Chief Executive Wolfgang Buechele would step down sooner...

  • BERLIN— Industrial gas makers Linde AG and Praxair Inc. are resuming talks about a possible merger that they abandoned in September. Linde said Wednesday that its management board decided to return to talks on "the essential terms of a potential merger of equals" on the basis of a proposal by Praxair, based in Danbury, Connecticut. Linde, based in Munich, Germany,...