Mergers and Acquisitions Mergers

  • LONDON, May 19- A top investor in German chemicals company Bayer said he was "deeply concerned" about a potential acquisition of U.S. rival Monsanto, and would prefer the firms to agree a joint venture or a nil-premium merger. Maximillian Anderl, a fund manager at UBS Global Asset Management, said he was surprised by Bayer's unsolicited takeover approach given the...

  • PARIS, May 19- France's Technip announced an all-stock merger with U.S. rival FMC Technologies to create an oil services group with combined revenue of $20 billion. The transaction is expected to deliver annual pretax savings of at least $400 million as of 2019 and boost earnings per share significantly, the companies said in a statement on Thursday.

  • Bayer bids for Monsanto in latest agrichem tie-up

    Carl Tannenbaum, chief economist at Northern Trust, looks at the merger space with specific comment on the potential Bayer, Monsanto deal.

  • Back-to-school shopping at Staples.

    But sales fell 3 percent in the quarter, hurt by a strong U.S. dollar and the closure of several stores.

  • Warren Buffett

    Berkshire Hathaway has offered to be a potential finance partner for fellow billionaire Dan Gilbert's bid to buy Yahoo, Warren Buffett confirmed to CNBC.

  • HELSINKI, May 16- Finnish crane maker Konecranes is buying Terex Corp's Material Handling& Port Solutions unit for 1.13 billion euros, in a move that cancels a proposed full merger and allows the U.S. firm to talk to a rival suitor. "The agreement provides Terex with the ability to continue to pursue discussions with Zoomlion Heavy Industries Science& Technology...

  • French drugmaker Sanofi CEO Olivier Brandicourt addresses the pharmaceutical group's general meeting in Paris on May 4, 2016.

    Sanofi will nominate eight people to replace the board of Medivation, sources say.

  • WASHINGTON, May 13- A merger of industrial gas suppliers Air Liquide and Airgas Inc has been approved with conditions, the Federal Trade Commission said on Friday. To win approval for the deal, which was valued at $13.4 billion when it was announced in November, the companies agreed to sell assets used to produce bulk oxygen, bulk nitrogen, bulk argon and other...

  • Sternlich: China biggest buyer of US real estate

    Barry Sternlicht, Starwood Capital CEO weighs in on the deal between Starwood Hotels and Marriott, and Anbang's offer to bid higher.

  • PARIS, May 13- European stock exchange operator Euronext said on Friday it was on the lookout for tie-ups of its own as rivals Deutsche Boerse and London Stock Exchange Group negotiate a $30 billion merger. The fusion of its rivals in Frankfurt and London will create a group big enough to eclipse Euronext, prompting the smaller stock exchange operator in Paris to...

  • PARIS, May 12- Casino said on Thursday it would spend up to $196 million to take its e-commerce unit Cnova private, nearly two years after listing it on Nasdaq as difficulties in Brazil derailed plans to create a broad e-commerce business. Casino said it would reorganise Cnova's troubled business in Brazil, merging it with another of its units, appliance retailer...

  • LONDON/ FRANKFURT, May 12- London Stock Exchange Group and Deutsche Boerse will let shareholders decide on their proposed $30 billion merger after Britain's June referendum on European Union membership, three sources familiar with the matter said. No final decision has yet been taken about the exact date of the shareholder votes, but both exchanges will give...

  • MOSCOW, May 12- Telecoms firm Vimpelcom said on Thursday it still expected to merge its Italian business with that of CK Hutchison Holdings around the end of 2016, a day after European regulators blocked a separate Hutchison deal. European Union antitrust regulators on Wednesday rejected Hutchison's plan to acquire O2 UK from Spain's Telefonica, a decision...

  • Julie Brill, former Federal Trade Commissioner

    The court did the right thing by shredding the Staples-Office Depot deal, a former FTC commissioner said Wednesday.

  • SPLS/OLP's shredded deal

    Former FTC Commissioner Julie Brill weighs in on the Federal Trade Commission stopping a deal between Office Depot and Staples for antitrust reasons as well as the state of M&A activity in the U.S.

  • Staples, Office Depot end merger

    Discussing the future of Staples after the merger with Office Depot ended, with Anthony Chukumba, BB&T Capital Markets senior equity research analyst.

  • Staples, Office Depot call off $6B deal

    CNBC's Eamon Javers reports antitrust concerns kills the merger between the two office supply companies.

  • WASHINGTON, May 10- No. 1 office supply chain Staples and smaller rival Office Depot Inc said they terminated their planned merger on Tuesday, after a U.S. federal judge ruled to temporarily halt the deal pending a full regulatory review, citing antitrust concerns. Judge Emmet Sullivan of the U.S. District Court for the District of Columbia, in a three-page order...

  • WASHINGTON, May 10- A federal judge has ruled that two Pennsylvania hospital systems may proceed with a planned merger, refusing to order a preliminary injunction sought by the Federal Trade Commission. District Judge John Jones of the U.S. District Court for the Middle District of Pennsylvania on Monday said that the FTC had not shown it would likely succeed in...

  • JOHANNESBURG, May 10- South Africa's Competition Tribunal on Tuesday conditionally approved a merger between SABMiller and Coca-Cola to merge African soft drink operations into what would be the continent's biggest Coke drinks bottler. The Tribunal said it will provide reasons for its approval in due course. In a bid to fast-track the regulatory probe of...