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Mergers and Acquisitions Mergers

  • Huntsman CEO: Now is the opportune time for Clariant tie-up

    Peter Huntsman, Huntsman CEO, discusses the news that his company will merge with Clariant in a $14 billion deal.

  • *Clariant CEO takes chairman role, Peter Huntsman CEO job. ZURICH/ FRANKFURT, May 22- U.S.-based Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value of over than $14 billion, the deal coming together after years of tentative mutual approaches. European businesses have particularly suffered, losing market...

  • ZURICH/ FRANKFURT, May 22- U.S.-based Huntsman Corp and Switzerland's Clariant AG are combining to create a chemical manufacturer with a market value of more than $14 billion, they said on Monday, after years of tentative mutual approaches. European businesses have particularly suffered, losing market share to rivals in Asia, where demand is growing faster, or...

  • GENEVA— Swiss specialty chemicals maker Clariant and Texas' Huntsman Corp. will attempt to join and create a company with a market value of $13.8 billion, the latest proposed deal in a chemicals industry that is seeking to consolidate rapidly. If approved, Clariant shareholders would own 52 percent of the company and Huntsman shareholders would own 48 percent.

  • ZURICH, May 22- U.S.-based Huntsman Corp and Switzerland's Clariant AG said on Monday they are combining to create a chemical manufacturer with a market value of more than $14 billion. The deal, which the companies called a "merger of equals", creates a global specialty chemical company with approximately $20 billion enterprise value, Clariant said in a...

  • May 21- Hunstman Corp and Clariant AG are set to announce their merger on Monday, creating a chemical manufacturer with a market value of more than $14 billion, people familiar with the matter said on Sunday. The deal would combine Clariant, a Muttenz, Switzerland- based maker of aircraft de-icing fluids, pesticide ingredients and plastic coloring, with Woodlands,...

  • May 21- Hunstman Corp and Clariant AG are set to announce their merger on Monday, creating a chemical manufacturer with a market value of more than $14 billion, people familiar with the matter said on Sunday. The Wall Street Journal reported earlier on Sunday, citing sources, that Clariant shareholders stood to own about 52 percent of the combined company...

  • John Legere, chief executive officer of T-Mobile US.

    These former FCC and DOJ officials say the US should block the Sprint and T-Mobile merger. Here's why.

  • LONDON/ FRANKFURT, May 18- German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters. It would give Hapag Lloyd access to bigger ships on the major Asia to Europe trade route. Sources also told Reuters in March...

  • NEW YORK, May 17- OneWeb, the U.S. satellite startup backed by Japan's SoftBank Group Corp, has increased its merger proposal for Intelsat SA by offering Intelsat's creditors a smaller discount for their bonds than it had before. "We're at the absolute limit on what we're prepared 1/ 8 to offer 3/ 8 for this business, and we're simply not willing to negotiate any further,"...

  • *Patheon shares surge 33.5 pct to $34.70 premarket. Shares of Patheon were up about 33 percent in premarket trading, just shy of the offer price of $35 per share, representing a premium of about 35 percent to Patheon's Friday close. The contract research space is in the midst of a wave of consolidation with INC Research Holdings Inc last week saying it would merge...

  • Vishal Harnal, 500 Startups, weighs in on consolidation in the Indian e-commerce market as companies deal with Amazon's entry to the market.

  • SAO PAULO, May 12- B3 Bolsa Balcão Brasil SA, Brazil's largest exchange operator, posted a 56 percent drop in quarterly net income on Friday due to the costs of a merger creating the company out of rivals BM&FBovespa SA and Cetip SA Mercados Organizados. Net profit fell from a year earlier to 209 million reais, far below a Thomson Reuters consensus of 504 million...

  • NEW YORK, May 12- Anthem Inc on Friday called off a $54 billion deal to buy Cigna Corp, one day after the second-largest U.S. health insurer lost a Delaware business court ruling that could have kept alive the chances of a combination. Anthem and Cigna have been in legal disputes since the U.S. Justice Department won its case to block the merger that would have created...

  • NEW YORK, May 12- Anthem Inc said on Friday it notified Cigna Corp that their $54 billion merger deal was off after it lost a Delaware business court ruling on Thursday and also said it would not pay Cigna a $1.85 billion merger break-up fee. Cigna was suing in Delaware to terminate the merger while Anthem pursued appeals of the antitrust decision.

  • NEW YORK, May 12- Anthem Inc said on Friday it notified Cigna Corp that the $54 billion merger deal was off after it lost a Delaware business court ruling on Thursday and also said it would not pay Cigna the $1.85 billion merger break-up fee. Anthem and Cigna have been in legal disputes since the U.S. Justice Department won its case to block the merger of the two health...

  • French tycoon Vincent Bollore took a first step on Thursday in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate.

  • Judge Travis Laster of Delaware's Court of Chancery denied Anthem's request for a preliminary injunction but stayed implementation of his ruling until noon on Monday to give the insurer time to decide if it will pursue an appeal to the Delaware Supreme Court. The U.S. Justice Department and 11 states sued last year to stop the $54 billion merger, which would...

  • DELAWARE JUDGE DENIES ANTHEM INC'S REQUEST FOR PRELIMINARY INJUNCTION, ALLOWING CIGNA CORP TO END $54 BLN MERGER.

  • PARIS, May 11- French tycoon Vincent Bollore took a first step on Thursday in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate. Vivendi said it was making an offer to buy Group Bollore's 60 percent stake in advertising group Havas for 9.25 euros a share, a premium of 8.8 percent over...