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Mergers and Acquisitions Mergers

  • Vantiv beats out JPMorgan Chase for Worldpay merger

    Payment services Vantiv merges with U.K.-based Worldpay, a payment technology and infrastructure company, in a $10 billion deal.

  • Credit technology firm Vantiv to merge with Worldpay in $9.94 billion deal

    Vantiv and Worldpay, the U.K's largest payment processing firm, have agreed on a merger worth $9.94 billion.

  • *Concerned about UK political uncertainty, union opposition. LONDON, July 4- Germany's Thyssenkrupp is optimistic about progress made by Tata Steel to restructure its UK pensions liabilities, investors and analysts say, but there are still issues to overcome before the two can merge their European steel assets. India- based Tata said in May it had agreed the main...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North have taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp.. Meister, who is a protege of billionaire investor Carl Icahn, manages assets worth $6 billion with Corvex and took a 5.5 percent stake in communications...

  • *Concerned about UK political uncertainty, union opposition. LONDON, July 4- Germany's Thyssenkrupp is optimistic about progress made by Tata Steel to restructure its UK pensions liabilities, investors and analysts say, but there are still issues to overcome before the two firms can merge their European steel assets. India- based Tata said in May it had agreed...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • *Idemitsu plans to issue $1.2 bln in new shares. TOKYO, July 4- Idemitsu Kosan Co has a good chance of sidestepping founding family opposition to a merger with Showa Shell Sekiyu with its $1.2 billion share offering, analysts said, a plan that sent Showa Shell shares surging on Tuesday. Acting quickly with a share issue plan last year would have come across as a...

  • LONDON, July 4- Retreating crude prices removed a key driver of European stocks' buoyant start to the month on Tuesday, leading them lower as a spate of dealmaking news moved individual stocks. Britain's FTSE was 0.5 percent lower. EDP was a top gainer, up 3.8 percent after Spain's Gas Natural approached the Portuguese utility for a $40 billion merger which would...

  • TOKYO, July 4- Japanese refiner Idemitsu Kosan Co has a good chance of neatly sidestepping founding family opposition to a merger with Showa Shell Sekiyu with its $1.2 billion share offering, analysts said- a plan that sent Showa Shell shares surging on Tuesday. Idemitsu management has been keen to merge its operations with its smaller rival as shrinking...

  • Quite rush for M&A in emerging markets: GSAM - Expect less deals from Chinese companies

    Sheila Patel, CEO of International at Goldman Sachs Asset Management, says that there has been a "quiet rush for M&A in the emerging markets."

  • Average deal values on the rise, MergerMarket

    CNBC's Gemma Acton speaks about Mergermarket data on the M&A environment in 2017 so far, which has revealed a surge of confidence and sentiment in Europe.

  • ZURICH, July 4- Activist investor Corvex and roofing maker Standard Industries' investment arm have teamed up to take a 7.2 percent stake in Clariant in a bid to scuttle the Swiss chemical maker's proposed merger with Huntsman Corp.. Corvex, run by activist investor and Carl Icahn protege Keith Meister, manages assets worth $6 billion and took a 5.5 percent stake...

  • Challenging to find assets that justify the price

    CNBC's Gemma Acton discusses appetite for mergers and acquisitions in 2017 so far.

  • MADRID, July 3- Spanish power and gas company Gas Natural has approached Portuguese rival EDP about merging to form Europe's fourth biggest utility by market value, people familiar with the matter said on Monday. Talks over a potential 35 billion euro deal and its potential structure are still at an early stage and there is no certainty over their outcome, four...

  • *To issue 48 mln shares, or about a third of outstanding shares. TOKYO, July 3- Japan's Idemitsu Kosan Co plans to issue new shares to raise $1.2 billion, diluting a stake held by its founding family that is locked in a fierce battle with the management over the latter's plan to merge with a smaller rival. But Idemitsu Kosan's planned sale of 48 million new shares would...

  • BUENOS AIRES, July 2- Argentina's Telecom Argentina SA and cable TV provider Cablevisión SA reached a merger agreement enabling them to offer so-called quadruple play services, a result of President Mauricio Macri's telecom sector reforms. Grupo Clarin, Argentina's largest media conglomerate, said last August it was spinning off Cablevision.

  • handshake merger and acquisitions

    Top dealmaker: Deal making ahead looks even tougher in the 2nd half

  • A pedestrian crosses the street in front of a Rite Aid store in Los Angeles.

    Walgreens CEO thinks the company remains in a strong position to compete, even if entrants such as Amazon move into the market.

  • By Siddharth Cavale and Diane Bartz. June 29- Drugstore chain Walgreens Boots Alliance Inc scrapped its deal to buy Rite Aid Corp after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S. stores for $5.18 billion. Rite Aid's shares plunged about 30 percent to $2.77, while Walgreens shares were flat at $76.91...