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Mergers and Acquisitions Mergers

  • NEW YORK, Jan 24- The top executives of Aetna and Humana on Tuesday issued a joint statement saying that they continue to believe in their $34 billion merger deal after a court ruled against it for antitrust reasons, and said that they would consider all available options.

  • *Adjusted Q4 EPS of $0.51 v/s est $0.42. Jan 24- Chemicals and seeds producer DuPont indicated on Tuesday that its $130- billion merger with Dow Chemical Co will take longer to wrap up than previously expected as the companies await regulatory approvals. This is the second time that the two companies, which are in talks with the European Union antitrust...

  • Jan 24- Chemicals and seeds producer DuPont said on Tuesday it expected its merger with Dow Chemical Co to close in the first half of the year, suggesting it will take longer than previously estimated to win approvals for the $130 billion deal. Net income attributable to the company was $265 million, or 30 cents per share, in the fourth quarter ended Dec. 31, compared...

  • File photo: a researcher in a Bristol-Myers Squibb laboratory.

    The Fast Money traders discuss whether the pharmaceutical company will be acquired.

  • Marissa Mayer, CEO of Yahoo

    Yahoo reported quarterly earnings that beat analysts' expectations on Monday, and revenue that topped Wall Street's forecasts.

  • WASHINGTON, Jan 23- A U.S. federal judge blocked on Monday health insurer Aetna Inc's proposed $34 billion merger with rival Humana, and Aetna said it was considering an appeal. Judge John Bates of the U.S. District Court for the District of Columbia said the proposed deal would "substantially lessen competition" in the sale of some Medicare Advantage plans in 364...

  • NEW YORK, Jan 20- Merger activity among independent wealth management firms in the United States hit an all-time high in 2016 as more of the industry's aging workforce retired, the economy strengthened and more advisers were able to obtain financing for acquisitions, according to new study. The report, published this week by the industry consultant firm...

  • A delivery to a Walgreens location in New York City.

    Shares of Walgreen Boots Alliance and Rite Aid are trading lower after the merger of the two drugstore companies is facing US antitrust concerns.

  • DAVOS, Switzerland, Jan 20- India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks. In an interview with Reuters on the sidelines of the World Economic Forum in Davos, Arundhati Bhattacharya also...

  • The bank also named Richard Yorke, who previously headed the international group, as chief operating officer for the wholesale banking business. Wells Fargo derives just 4 percent of its revenues from outside the United States. Wells Fargo now has operations in 42 countries and territories with close to 3,000 employees in Asia Pacific, Europe and the United...

  • TORONTO, Jan 19- Canada's main stock index edged higher on Thursday, helped by a jump in Canadian Pacific Railway shares on prospects of consolidation in the railroad industry and a rebound of uranium producer Cameco Corp.. Canadian Pacific Railway rose nearly 4 percent to C $200.11 a day after saying its chief executive, Hunter Harrison, would leave five months...

  • Jan 19- A federal judge is expected to block a proposed deal between health insurer Anthem Inc and Cigna Corp as soon as Thursday, the New York Post reported, citing sources. Anthem, which operates Blue Cross Blue Shield health insurance plans in 14 U.S. states, is trying to buy smaller rival Cigna. Judge Amy Berman Jackson of the U.S. District Court for the District of...

  • Jan 18- Alaska Air Group Inc said on Wednesday it expects to record $82 million in the fourth quarter in costs related to the $2.6 billion acquisition of Virgin America Inc.. The Seattle- based company said it expected unit revenue, a closely watched performance metric, for the fourth quarter ended Dec. 31, in the range of 11.24 cents to 11.29 cents, including Virgin...

  • FRANKFURT, Jan 17- Germany and the European Central Bank are pushing harder for Deutsche Boerse and the London Stock Exchange to give Frankfurt a greater role once they merge, now Britain is leaving the European Union, people involved said. As it stands, London is due to be the home of the main holding company of the merged exchanges and the joint board would also be...

  • *Says Syngenta will push expansion of biotech R&D in China. There will be some remedies in both the U.S. and the EU but I can't speak to any details, " Erik Fyrwald told Reuters on the sidelines of the World Economic Forum in Davos. Unveiling details about Syngenta's future role within ChemChina for the first time, Fyrwald also said Israel- based Adama, a maker of generic...

  • *Etihad mulls taking 30-40 pct stake in Lufthansa- Il Messaggero. MILAN, Jan 17- Germany's Lufthansa and Etihad Airways are in talks to possibly merge the two airlines, Italian newspaper Il Messaggero said in an unsourced report on Tuesday, boosting the German airline's share price. According to the paper, managers from both companies have for weeks been...

  • AT&T CEO: 'Very confident' AT&T-Time Warner deal gets done

    This is a "basic" vertical merger, says Randall Stephenson, AT&T CEO, providing his thoughts on the likelihood of a deal between AT&T and Time Warner.

  • Jan 17- The group created by the merger of Italy's Luxottica and France's Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday. "The double listing is an option on the table which we will evaluate in the next days, and so will the listing on the U.S. market," said Del...

  • Difficult to comment on Engie rumors: Suez Env

    Suez Environnement CEO, Jean-Louis Chaussade weighs in on the merger talk seen in markets surrounding the firm and Engie.

  • Del Vecchio has long insisted that none of his six children should carry the burden of a big firm like Luxottica, which he founded in 1961 in Agordo, a tiny village in the Dolomite foothills in north-east Italy. Widely respected in Italy, Del Vecchio is credited with turning Luxottica into a global player with 7,800 shops in 150 countries by striking licensing...