Mergers and Acquisitions Mergers

  • The combination of Kite and WP Glimcher, with respective market capitalizations of $2.3 billion and $2 billion, would give them more scale to resist pressure to lower rents, as the growing popularity of online retailers reduces mall profits. WP Glimcher shares ended up 8.2 percent at $11.39 on Wednesday, and Kite shares dropped 1.6 percent to $27.39.

  • SAO PAULO, June 8- Pearson Plc is looking at several possible acquisitions in Brazil amid a wave of merger talks, an executive told Reuters, as the British education company aims to take advantage of a favorable exchange rate in a market where it is fast expanding. So various acquisition opportunities have appeared and we're evaluating all of them, "said Luciano...

  • AMC to show 'Ali' on Friday: CEO

    As a tribute of Muhammad Ali, AMC Theaters will show the Oscar-nominated movie "Ali," announces Adam Aron, AMC Entertainment CEO.

  • Netflix and Amazon don't scare me: AMC CEO

    Adam Aron, AMC Entertainment CEO, weighs in on streaming content competition and discusses how his company is improving the entire movie-viewing experience for consumers.

  • Lioness chasing hyenas

    US companies are still leaving the US but as prey, not predators, says former Best Buy CEO Brad Anderson. Here's why.

  • Allergan CEO on deal with Teva

    Allergan CEO Brent Saunders on Teva, buybacks and capital allocation.

  • RIO DE JANEIRO, June 5- Brazil's Ser Educacional SA, a for-profit education company, said on Sunday it had made a non-binding offer to merge with Estácio Participações SA, a larger rival facing an unsolicited takeover from Kroton Educacional SA. Ser Educacional said the merger would create one of Brazil's largest education companies and create a group with...

  • NYSE New York Stock Exchange traders markets

    After a tough first quarter, M&A activity is picking up again, said Goldman's John Waldron.

  • LONDON, June 2- The shareholders of Middle East container shipping group United Arab Shipping Company back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. If a deal is reached it will create a group with an estimated combined enterprise value of around 7 billion to 8 billion...

  • LONDON, June 2- The shareholders of Middle East container shipping group United Arab Shipping Company back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. If a deal is reached it will create a group with an estimated combined enterprise value of around 7 billion to 8 billion...

  • The boards of the London Stock Exchange and Deutsche Boerse confirmed on Tuesday that they are discussing a potential merger.

    London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group.

  • JOHANNESBURG/ LONDON, June 1- Distell's main shareholder Remgro said it would act in the best interests of its own shareholders and those of the South African drinks company in response to the enforced sale of fellow investor SABMiller's stake. South Africa's Competition Commission made one of the conditions for Anheuser-Busch InBev's acquisition of...

  • June 1- London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group and should eventually lead to 250 million euros in revenue benefits a year. The company, which owns Borsa Italiana and the London Stock Exchange, said about 160 million euros per year would come by the...

  • June 1- London Stock Exchange Group Plc said its almost $30 billion planned merger with German peer Deutsche Boerse could result in 1,250 job cuts across the combined group and should eventually lead to 250 million euros in revenue synergies a year. LSE's shareholders will be asked to approve the merger on July 4, the company said. Britons will vote on June 23 on...

  • June 1- London Stock Exchange Group Plc. *LSEG shareholders will be asked to approve scheme and merger at court meeting and LSEG general meeting on July 4 2016. *Expect that quantified revenue synergies of at least eur 250 million will be realized progressively.

  • South Africa's Competition Commission made one of the conditions for Anheuser-Busch InBev's acquisition of brewer SABMiller for more than $100 billion, that SABMiller must sell its 26.4 percent Distell holding, which is worth around $565 million based on its current market value. Investment firm Remgro, which owns 52.8 percent of spirits, cider and wine...

  • May 31- Office supplies retailer Staples Inc, which called off a deal to buy smaller rival Office Depot Inc this month, said Chief Executive Ron Sargent will step down after the company's annual meeting on June 14. "With the termination of the merger, we mutually agreed that now is the right time to transition to a new management to lead Staples through its next phase...

  • JOHANNESBURG, May 31- The world's largest brewer Anheuser-Busch InBev gained conditional approval on Tuesday for its $100 billion- plus acquisition of SABMiller from South African anti-trust regulators, bringing the deal closer to fruition. Jobs are a major issue in South Africa, where unemployment is over 25 percent and income disparities are glaring, and...

  • Great Plains Energy to acquire Westar for $8.6B

    Missouri-based Great Plains Energy agrees to buy Kansas' Westar Energy for about $8.6-billion.

  • HONG KONG/ HELSINKI, May 27- China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion bid for U.S. crane maker Terex Corp after failing to agree terms, clearing the way for a smaller deal between Terex and Finland's Konecranes. The decision comes after months of merger talks between the three companies and marks the latest...