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Mergers and Acquisitions Mergers

  • Feb 15- Pan-European exchange Euronext may still buy a clearing house for derivatives if its planned purchase of LCH SA, which it uses, from London Stock Exchange falls through. Euronext has agreed to buy Paris- based LCH SA for 510 million euros, but the deal can only go ahead if LSE Group succeeds in merging with Deutsche Boerse, a tie-up regulators will rule on by...

  • *Total investment banking fee fell 6 pct in India in 2016. HONG KONG/ MUMBAI, Feb 15- BofA Merrill Lynch, UBS and Standard Chartered are among banks scrambling to win advisory roles in a potential merger involving Vodafone in India, sources said, as they chase a rare big deals-related payday in the country. That is about 10 percent of the total investment banking fee...

  • NEW YORK/ WASHINGTON Feb 14- Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger on Tuesday and Cigna Corp sought to end its deal with Anthem, shelving the industry consolidation they charted to address former President Barack Obama's Affordable Care Act. President Donald Trump and Republicans have vowed to repeal and replace...

  • Feb 14- Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger on Tuesday and Cigna Corp sought to end its deal with Anthem, shelving the industry consolidation they charted to address former President Barack Obama's Affordable Care Act. President Donald Trump and Republicans have vowed to repeal and replace Obamacare, the...

  • Both deals were announced in July 2015, and the Justice Department filed a lawsuit a year later saying they were illegal under antitrust law. Federal judges hearing the cases ruled against Aetna's acquisition of Humana on Jan. 23 and Anthem's $54 billion bid for Cigna on Feb. 8. Aetna will pay Humana a $1 billion breakup fee, or $630 million after taxes, and...

  • Cigna signage displayed at the company's headquarters in Bloomfield, Connecticut.

    CNBC's Bertha Coombs reports the latest on how Cigna is suing Anthem and expanding its buyback program to a total of $3.7 billion.

  • WASHINGTON, Feb 14- Health insurer Anthem Inc said on Tuesday that Cigna Corp could not unilaterally terminate an agreement between the two companies to merge. "Under the terms of the merger agreement, Cigna does not have a right to terminate the agreement. Cigna had said earlier on Tuesday that it would terminate the planned deal after a federal judge ruled on Feb....

  • Anthem: Remaining committed to closing the deal

    CNBC's Bertha Coombs reports the latest on Anthem responding by saying Cigna does not have the right to terminate the deal.

  • Feb 14- Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger deal on Tuesday, after a U.S. judge ruled in January the combination would stifle competition in the private Medicare Advantage program for retirees. Aetna will pay Humana a $1 billion breakup fee, or $630 million after taxes, and terminated its plan to sell some Medicare...

  • Aetna and Humana call it quits

    CNBC's Bertha Coombs reports the latest on Aetna and Humana ending their merger agreement after a court sided with the Justice Department objections to the combination.

  • Feb 14- Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger deal on Tuesday, after a U.S. judge ruled in January the combination would stifle competition in the private Medicare Advantage program for retirees. Aetna will pay Humana a $1 billion breakup fee, or $630 million after taxes, and terminated its plan to sell some Medicare...

  • Feb 14- Health insurers Aetna Inc and Humana Inc said on Tuesday that they would end their $34 billion merger agreement after a U.S. federal court ruled against the deal, saying it would stifle competition in the Medicare Advantage program. Aetna will pay Humana a $1 billion breakup fee and has terminated its plan to sell some Medicare Advantage assets to Molina...

  • Feb 14- Health insurer Aetna Inc and rival Humana Inc said on Tuesday they had mutually ended their $34 billion merger agreement. The companies announced the deal in July 2015, but the U.S. Justice Department sued to block the transaction in last July. Aetna will pay Humana $1 billion as a result of the termination of the merger, the companies said.

  • Stocks to Watch: February 14, 2017

    Humana, Aetna, Credit Suisse, and Popeyes stocks are making headlines this Valentine's day.

  • LONDON/ FRANKFURT, Feb 14- General Motors and PSA Group are in advanced discussions to combine the French carmaker with GM's European Opel business, two sources with knowledge of the matter told Reuters on Tuesday. If concluded successfully, the talks could lead to a merger of German-based Opel with PSA, the sources said. "We are in discussions with Opel to expand...

  • LONDON/ FRANKFURT, Feb 14- General Motors and PSA Group are in advanced discussions to combine the French carmaker with GM's European Opel business, two sources with knowledge of the matter told Reuters on Tuesday. If concluded successfully, the talks could lead to a merger of German-based Opel with PSA, the sources said. "We are in discussions with Opel to expand...

  • *To create South Africa giant with 60 pct market share. JOHANNESBURG, Feb 13- South Africa's PPC Ltd proposed merging with its nearest rival Afrisam Group on Monday, in a renewed attempt to combine the two and an effort to lead consolidation. Shares in PPC, which is valued at about 11 billion rand and did not give details of the proposed merger, were up 2.29 percent at...

  • **South Africa's biggest cement maker PPC Ltd is in merger talks with its nearest rival Afrisam Group, seeking to overcome valuation squabbles that sunk previous tie-up efforts. **Japan's Kirin Holdings Co said it would sell its Brazilian unit to Heineken NV subsidiary Bavaria S.A. for 2.2 billion Brazilian reais. **Dalian Wanda Group, owned by China's richest man...

  • **South Africa's biggest cement maker PPC Ltd is in merger talks with its nearest rival Afrisam Group, seeking to overcome valuation squabbles that sunk previous tie-up efforts. **Japan's Kirin Holdings Co said it would sell its Brazilian unit to Heineken NV subsidiary Bavaria S.A. for 2.2 billion Brazilian reais. **Dalian Wanda Group, owned by China's richest man...

  • Despite uncertainties, the M&A scene will be active this year, says JPMorgan.

    A busy year from M&A plays is expected even amid uncertainties from China and Trump's administration, JPMorgan’s co-head of APAC M&A said.