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Mergers and Acquisitions Mergers

  • FCC Chairman Ajit Pai had told the Wall Street Journal in an interview on Monday at the Mobile World Congress in Barcelona that he did not foresee a role for the FCC on the takeover and his comments were confirmed to Reuters by FCC spokesman Neil Grace. In January, AT&T said it expected to be able to bypass the FCC because it would not seek to transfer any Time Warner...

  • Shares of commodity trader Noble tumbled in late Friday trade after gadfly anonymous researcher Iceberg launched another negative report.

  • FCC Chairman Ajit Pai declined to say on Thursday if he would seek to use the proposed TV station license transfer as a way to examine the AT&T/Time Warner merger. The station that Time Warner is selling, WPCH-TV in Atlanta, is its only FCC- regulated broadcast station. Time Warner said last month that since it did not plan to transfer any FCC licenses to AT&T, it would...

  • FCC Chairman Ajit Pai on Thursday declined to say if he would seek to use the proposed TV station license transfer as a way to examine the AT&T Time Warner merger. The station that Time Warner is selling, WPCH-TV in Atlanta, is its only FCC- regulated broadcast station. Time Warner said last month that since it does not plan to transfer any FCC licenses to AT&T, it would...

  • BERLIN, Feb 23- France and Germany on Thursday called on the management of General Motors and PSA Group to give a "long-term perspective" for all production sites in the proposed acquisition of Opel from the U.S. carmaker. They also said that both Opel and Peugeot should keep their own brand names and separate management entities. Paris- based PSA and GM confirmed...

  • FRANKFURT, Feb 21- Britain's government played down suggestions the London Stock Exchange's headquarters could move to Frankfurt after merging with Deutsche Boerse, but cautioned it was watching the deal closely. Under the terms of a merger deal struck before Britain voted to leave the European Union, Deutsche Boerse Chief Executive Carsten Kengeter is due...

  • Feb 21- SourceHOV LLC, Novitex Holdings Inc and Quinpario Acquisition Corp 2 agreed to combine in a deal valued at about $2.8 billion, to scale up their businesses in the financial technology and business services industry. "Our combination with Novitex fundamentally increases our scale, making us a more strategic partner to customers in their quest for...

  • FRANKFURT, Feb 21- Britain's government played down suggestions the London Stock Exchange's headquarters could move to Frankfurt after merging with Deutsche Boerse, but cautioned it was watching the deal closely. Under the terms of a merger deal struck before Britain voted to leave the European Union, Deutsche Boerse Chief Executive Carsten Kengeter is due...

  • PARIS, Feb 21- Airbus announces annual results on Wednesday for the first time since beginning the implementation of an internal merger designed to simplify the company by combining the European planemaker with its parent Airbus Group, formerly known as EADS. Listed vehicle, based in the Netherlands. Listed vehicle, based in the Netherlands.

  • PARIS, Feb 21- Airbus announces annual results on Wednesday for the first time since beginning the implementation of an internal merger designed to simplify the company by combining the European planemaker with its parent Airbus Group, formerly known as EADS. Listed vehicle, based in the Netherlands. Listed vehicle, based in the Netherlands.

  • PARIS, Feb 21- Airbus announces annual results on Wednesday for the first time since beginning the implementation of an internal merger designed to simplify the company by combining the European planemaker with its parent Airbus Group, formerly known as EADS. Listed vehicle, based in the Netherlands. Listed vehicle, based in the Netherlands.

  • *Pace of store openings to slow in Nigeria. JOHANNESBURG, Feb 21- South African retailer Shoprite reported a 15.5 percent jump in half-year profit on Tuesday, buoyed by sales growth in Angola and Nigeria, reassuring investors after a merger with Steinhoff foundered. Though sales in Nigeria was 60 percent higher than a year ago in the six months to the end of...

  • JOHANNESBURG, Feb 21- South African retailer Shoprite, which scrapped plans to merge with Steinhoff International on Monday, reported a 15.5 percent jump in half-year profit, buoyed by sharp sales growth in Angola and Nigeria. Sales in Angola surged 155 percent from a year ago, while Nigerian revenue jumped 60 percent. In South Africa, still the largest of the...

  • SAO PAULO/ RIO DE JANEIRO, Feb 20- Vale SA plans to become a company with no defined controlling shareholder as soon as possible, in a landmark step aimed at enhancing transparency and equal rights for all shareholders in the world's largest iron ore producer. Controlling shareholders grouped under holding company Valepar SA agreed to stay together for up to 3-1/...

  • SAO PAULO/ RIO DE JANEIRO, Feb 20- Vale SA plans to become a company with no defined controlling shareholder as soon as possible, in a landmark step aimed at enhancing transparency and equal rights for all shareholders in the world's largest iron ore producer. Controlling shareholders grouped under holding company Valepar SA agreed to stay together for up to...

  • *Stocks rise in Europe and Asia, driven by merger activity. LONDON, Feb 20- European stocks rose on Monday, with gains in telecoms and banks offsetting a big fall in Unilever, while the dollar dipped as uncertainty over politics and the timing of a U.S. interest rate rise kept investors nervous. U.S. markets were closed for the Presidents Day holiday, and this...

  • *Stocks rise in Europe and Asia, driven by merger activity. LONDON, Feb 20- European stocks rose on Monday, led higher by Deutsche Telekom on talk of a merger involving its U.S. mobile unit, while the dollar dipped as uncertainty over European politics and the timing of a U.S. interest rate rise kept investors nervous. U.S. markets were closed for the Presidents Day...

  • James Butterfill, head of research & investment strategy at ETF Securities, reacts to the news that Kraft Heinz withdrew from its multi-billion merger bid for Unilever.

  • Jon Cox, head of European consumer equities at Kepler Cheuvreux, takes a look at why Kraft Heinz withdrew its $143 billion merger bid for Unilever over the weekend.

  • LONDON, Feb 20- Shares in Anglo-Dutch consumer goods group Unilever dropped 8 percent on Monday after U.S. rival Kraft Heinz Co abruptly ditched its surprise $143 billion merger proposal. Concerns had also been raised about political scrutiny in Britain where Prime Minister Theresa May had indicated she would be more proactive in vetting foreign takeovers...