Mergers and Acquisitions Mergers

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  • Larry Bossidy: Honeywell, United Technology 'good combination'

    Larry Bossidy, former Honeywell chairman and CEO, weighs in on talks about a merger between United Technologies and Honeywell and the antitrust concerns about such a deal.

  • *Carsten Kengeter to lead company; Xavier Rolet to retire. LONDON, Feb 26- The chief executive of the London Stock Exchange, Xavier Rolet, is to retire after a planned merger with German rival Deutsche Boerse that will see the combined firm have its main listing in the British capital. With a British vote on European Union membership planned for June 23, the firms...

  • LONDON, Feb 26- The chief executive of the London Stock Exchange, Xavier Rolet, is to retire after a planned merger with German rival Deutsche Boerse that will see the combined firm have its main listing in the British capital. The group would be a UK Plc domiciled in London, but would also be listed on the Frankfurt Stock Exchange, the firms said in a statement on...

  • FRANKFURT/ LONDON Feb 25- Deutsche Boerse and the London Stock Exchange Group are counting on lessons learnt from past missteps and behind-the-scenes talks with politicians to make sure there are no barriers to finally creating a giant European trading house. The EU Commission has to approve the deal as well as regulators in Britain and in the German state of...

  • Antitrust lawyer on Honeywell-United Technologies overlaps

    Former head of the DOJ's antitrust division Christine Varney of Cravath, Swaine & Moore, discusses the potential merger of Honeywell and United Technologies.

  • Deal can be done between UTX-HON: Lawyer

    Former head of the DOJ's antitrust division Christine Varney of Cravath, Swaine & Moore, discusses the synergies of a potential merger between Honeywell and United Technologies, and the potential impact to the aerospace industry.

  • FRANKFURT, Feb 24- Deutsche Boerse Chief Executive Carsten Kengeter would run the day-to-day operations of a new company formed by a possible merger with the London Stock Exchange, sources familiar with the matter said on Wednesday. The two companies announced on Tuesday they were exploring a merger and that the board of the holding company would be composed...

  • Feb 24- U.S. crane maker Terex Corp has told Chinese peer Zoomlion to sweeten its $3.3 billion offer in order for it to abandon its merger agreement with Finland's Konecranes, according to people familiar with the matter. Terex has argued privately that the synergies with Konecranes in the material handling and port systems businesses of the two companies mean...

  • BARCELONA, Feb 24- The merger and acquisition activity that has characterized the European telecoms market in recent years could soon grind to a halt, even as Orange looks to seal a potential 10 billion euro deal for French rival Bouyges. "The players that are mobile only or fixed only will have difficulties if they want to remain competitive in Europe," Orange CEO...

  • Faber Report: Honeywell sees merger benefits

    CNBC's David Faber reports Honeywell is keeping the pressure on United Technologies about a merger of the two companies.

  • FRANKFURT, Feb 23- Deutsche Boerse and the London Stock Exchange are making a third attempt at a merger that would create a European trading powerhouse that could better compete against U.S. rivals encroaching on their turf. The deal would combine the LSE's share-trading operation with the derivatives trading of Deutsche Boerse's Eurex in a group worth...

  • MILAN/ LONDON, Feb 23- European shares fell Tuesday on falling oil prices and disappointing updates from Standard Chartered and BHP Billiton, but M&A expectations boosted shares in exchange operators. "Following the recent relief rally from oversold levels we expect equity markets to remain range-bound ahead of next month's ECB, Fed and BoJ policy meetings,...

  • *LSE confirms holding detailed talks on merger. FRANKFURT, Feb 23- Deutsche Boerse and the London Stock Exchange are taking a fresh run at a merger that would create a European trading powerhouse, in a bid to take on ICE, the U.S. exchange making in-roads into Europe. Nearly 16 years after their first attempt to merge, the London and Frankfurt exchanges confirmed they...

  • *LSE confirms holding detailed talks on merger. LONDON/ FRANKFURT, Feb 23- Deutsche Boerse and the London Stock Exchange are taking a fresh run at a merger that would create a large European exchange operator potentially capable of facing down strong competition from the United States and Asia. Shares in both exchange operators jumped on the news, with LSE shares...

  • UTX-HON deal not dead yet: Pro

    I think there is a path forward, says Lisl Dunlop, Manatt, Phelps & Phillips, talking about possible antitrust issues if Honeywell and United Technologies merged and areas where it would make sense.

  • No deal for UTX/HON

    Deane Dray, RBC Capital Markets, discusses what a deal between United Technologies and Honeywell would mean for shareholders, the aerospace industry and the antitrust issues it could trigger.

  • Feb 22- United Technologies Corp on Monday disclosed merger talks with fellow aerospace component supplier Honeywell International Inc but said a deal would "face insurmountable regulatory obstacles." A merger of the two firms would create a behemoth with combined sales of more than $90 billion, a company responsible for a huge amount of equipment on...

  • Earlier, CNBC reported a deal would create a company with combined sales of more than $90 billion, merging a maker of jet engines with a supplier of airplane cockpits. United Technologies, which like many multinationals has been hurt by a strong dollar, unveiled a $1.5- billion restructuring plan to cut costs in December, citing slowing growth in China and...

  • A deal would create a company with combined sales of more than $90 billion. United Tech's shares were up 8 percent at $94.82 in afternoon trading, while Honeywell's were up 1.7 percent at $109. United Technologies spokesman John Moran declined comment.

  • Feb 22- Honeywell International Inc and United Technologies Corp have held talks about a merger, CNBC reported, citing people familiar with the situation. A deal would create a company with combined sales of more than $90 billion. The discussions occurred within the last two weeks and were focused on a deal in which Honeywell offered a premium, largely in stock...