Mergers and Acquisitions Mergers

More

  • US energy M&A hits 5-year low amid 'survival mode' Thursday, 28 Jan 2016 | 9:00 AM ET
    An oilfield worker fills his truck with water at a filling station before heading to a drilling site in the Permian Basin oil field on January 20, 2016 in the oil town of Andrews, Texas.

    Dealmaking in America's oil patch plunged in Q4 as corporations preserved cash in the face of falling crude prices and tight capital markets.

  • Such a deal would accelerate Rome's push for consolidation of Italy's banks, although it would be tricky to pull off as Popolare di Milano is already in the advanced stages of merger talks with Banco Popolare, the sources said. As well as helping Rome deliver on its promises to overhaul Italy's banking system, it would ensure Monte dei Paschi stays in Italian...

  • Terex shares climb higher on unsolicited Zoomlion bid Tuesday, 26 Jan 2016 | 2:53 PM ET

    WESTPORT, Conn.— Shares of heavy lifting equipment maker Terex Corp. soared after the company announced it had received an unsolicited takeover offer of $30 per share from China's Zoomlion Heavy Industry Science and Technology Co.. The bid would value Westport, Connecticut- based Terex at about $3.3 billion. Terex said in August it would merge with Finnish...

  • Jan 26- DuPont Chief Executive Edward Breen said on Tuesday that anti-trust regulators were likely to show "very little" concern about the company's pending merger with Dow Chemical Co and were not expected to seek significant asset sales. Dupont and Dow plan to form a giant chemical and seed producer that would have a market value of about $95 billion at current...

  • Jan 26- Chemicals and seed producer DuPont is unlikely to have to make significant asset sales to get regulatory clearance for its merger with Dow Chemical Co, DuPont CEO Edward Breen told Reuters. DuPont and Dow are merging to form a behemoth with an estimated combined market value of about $95 billion as of Monday's closing. Analysts have speculated that the...

  • Huntington Bancshares to buy FirstMerit Tuesday, 26 Jan 2016 | 9:24 AM ET
    mergers

    Huntington Bancshares agreed to buy Ohio-based FirstMerit for about $3.4 billion in a cash-and-stock deal.

  • DOVER, Del.— DuPont Co., pursuing a merger with Dow Chemical, tipped to a fourth-quarter loss as volumes declined and the strong dollar weighed on results. Sales fell across all business segments and in all regions, mostly because of negative currency impacts, although volumes declined in North America, as well as the Europe, Middle East and Africa region.

  • *Sees 2016 operating profit of $2.95- $3.10/ shr vs est. The company's previous cost-reduction plan, launched under former CEO Ellen Kullman, had pegged cuts at $1.3 billion by the end of 2016 from 2013 levels. The company said it expects full-year operating earnings of $2.95- $3.10 per share, compared with analysts' average estimate of $3.10 per share, according to...

  • Jan 26- Huntington Bancshares Inc said on Tuesday it has agreed to buy Ohio- based FirstMerit Corp for about $3.4 billion in a cash-and-stock deal. Under terms of the deal, FirstMerit Corp will merge with a unit of Huntington Bancshares, and FirstMerit Bank, a unit of FirstMerit Corp, will merge with and into The Huntington National Bank, Huntington said.

  • The outlook for M&A in 2016 Tuesday, 26 Jan 2016 | 1:30 AM ET
    The outlook for M&A in 2016

    Philip Whitchelo, VP of strategy and product marketing at Intralinks, says low inflation and interest rates are pushing companies to look to mergers in order to to grow.

  • Jan 25- Johnson Controls Inc and Tyco International Plc announced plans to merge, creating a company with revenue of more than $40 billion that will be based in low-tax Ireland- a sign that market volatility has not derailed strategic mergers. Mikwaukee-based Johnson Controls, which has a market value $23 billion, makes heating and ventilation systems and car...

  • UPDATE 1-Johnson Controls to merge with Tyco Monday, 25 Jan 2016 | 7:47 AM ET

    Jan 25- Johnson Controls Inc, a U.S. maker of car batteries and heating and ventilation equipment, said it would merge with Ireland- based fire protection and security systems maker Tyco International Plc. The businesses of Johnson Controls and Tyco will be combined under Tyco International Plc, which will be renamed Johnson Controls Plc, after the deal closes.

  • Johnson Controls to merge with Tyco Monday, 25 Jan 2016 | 7:13 AM ET

    Jan 25- Johnson Controls Inc, a maker of car batteries and heating and ventilation equipment, said on Monday it would merge with Ireland- based fire protection and security systems maker Tyco International Plc.

  • Johnson Controls and Tyco to merge Monday, 25 Jan 2016 | 7:07 AM ET
    Johnson Controls and Tyco to merge

    Johnson Controls, a maker of car batteries and heating and ventilation equipment and Tyco, security systems maker, announced a merger deal.

  • Johnson Controls announces merger with Tyco Monday, 25 Jan 2016 | 6:00 AM ET
    Johnson Controls eyes deal with Tyco

    The manufacturer of car batteries and heating and ventilation equipment is combining with Tyco International.

  • Johnson Controls, Tyco in merger talks Sunday, 24 Jan 2016 | 4:07 PM ET
    An employee walks through the Johnson Controls and Saft Groupe SA factory, a joint venture producing Lithium-ion batteries in Nersac, France.

    Johnson Controls is in advanced talks to buy fire protection and security company Tyco International, people familiar with the matter told Reuters.

  • Sales at food retailer Ahold rise 21% Friday, 22 Jan 2016 | 4:50 AM ET
    Sales at food retailer Ahold rise 21%

    Dick Boer, CEO of Ahold, discusses his company's strong fourth quarter which saw sales rise by 21 percent and talks about the U.S. consumer.

  • Canada's No. 2 railroad said its net income slipped to C $319 million, or C $2.08 per share, in the three months ended Dec.31, from C $451 million, or C $2.63 per share, a year earlier. Revenue slipped 4 percent to C $1.68 billion. CP says a merger would enhance competition and create new markets and options for customers across North America.

  • 'Plenty of room for growth' in China: GE Thursday, 21 Jan 2016 | 1:58 AM ET
    A woman is reflected on the black door of a General Electric (GE) refrigerator at a store selling electronics and appliances in Montebello, California on January 15, 2016.

    The Chinese economy still has "plenty of room for growth," GE's vice chairman tells CNBC.

  • BRUSSELS, Jan 20- U.S. cable group Liberty Global is set to secure EU approval for its 1.3- billion-euro bid for KPN's Belgian unit after pledging to divest assets to boost a rival, two people familiar with the matter said on Wednesday. This will be the first telecoms merger cleared by European Competition Commissioner Margrethe Vestager since she scuppered a...