Acquisition targets would have benefited from being part of Lions Gate, a Canadian corporation with a lower tax rate, but certain regulations would prevent Lions Gate from buying larger companies, he said. Lions Gate said Thursday it was in talks to merge with Starz, a company it has had a 15 percent voting stake in since last year. Malone, who has stakes in both...» Read More
*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...
Frank Aquila, Sullivan and Cromwell, weighs in on the market selloff and how it plays into equity prices as wells as mergers and acquisitions.
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.
*All-stock merger, Terex shareholders to get 60 pct. HELSINKI, Aug 11- U.S. cranes and mining equipment maker Terex and Finnish rival Konecranes have agreed an all-share merger, hoping a combined $10 billion in annual revenues will help them better cope with cooling Chinese and weak European demand. Terex shareholders will own 60 percent of the enlarged company,...
Aug 10- Kraft Heinz Co, the packaged food company formed by the merger of ketchup maker H.J. Heinz Co and Kraft Foods Group Inc, said sales fell 4.9 percent at Kraft and 4.1 percent at ketchup maker Heinz in the last quarter before the merger was completed. Kraft Heinz shares declined 2.3 percent to $77.00 in after-hours trading. Kraft Heinz, whose brands include...
GOOGLE SAYS UPON COMPLETION OF ALPHABET MERGER, SUNDAR PICHAI WILL BECOME THE NEW CEO OF GOOGLE INC.
James West, senior healthcare analyst for Results Healthcare, explains why there has been so much activity in healthcare and pharma M&A.
Berkshire Hathaway, the conglomerate owned by Warren Buffett, is close to a deal that may be its largest ever, the WSJ reported.
Nick Hungerford, CEO of Nutmeg, discusses Zurich Insurance, which may be considering a takeover bid on British insurer RSA.