Mergers and Acquisitions Mergers

  • Shareholders of Potash Corp, the world's biggest crop nutrient company by capacity, will get 0.400 common shares of the combined company for each share held. Potash Corp shares were up slightly at $17.03 in premarket trading. After the deal closes, Potash Corp shareholders will own about 52 percent of the new company, with Agrium shareholders holding the rest.

  • Agrium, Potash to merge

    Agrium and Potash will combine to become the largest crip nutrient company in the world.

  • Market Cap: $ 30 billion YTD Performance: +5% 52-Wk High/Low: $111.74 / $88.64 Cash & ST Investments as a % of Assets: 1% Total Debt as a % of Assets: 40% The Connecticut-based industrial gas supplier helps a wide variety of industries preserve foods, produce computer chips, reduce emissions, as well as clean and recycle waste water. The company introduced the first distribution system for liquid gas in 1917, and developed on-site gas supply by the end of WWII. In the 1960s, Praxair introduced n

    Germany's Linde and U.S. peer Praxair have ended merger talks that would have created a market leader with a value of more than $60 billion.

  • FRANKFURT, Sept 12- German industrial gases group Linde and U.S. peer Praxair have ended merger talks that would have created a market leader with a value of more than $60 billion, they said on Monday, sending Linde's shares tumbling. Linde shares dropped almost 9 percent in early trading and by 0712 GMT were down 7.8 percent at 137.30 euros, at the bottom of the...

  • linde ceo merger talks with praxair

    M&A deals look good on paper but the challenge remains that it's about bringing two companies together, says Fidelity International's Paras Anand.

  • Sept 8- Medical device maker Abbott Laboratories and Alere Inc agreed on Thursday to work with a mediator to settle their dispute over Abbott's role in obtaining U.S. antitrust clearance for its $5.8 billion takeover of the diagnostics company, but Alere voiced concern about the speed of the process. The companies are considering using former Delaware...

  • Sept 7- Hewlett Packard Enterprise Co will spin off and merge its non-core software assets with Britain's Micro Focus International Plc in a deal worth $8.8 billion, the companies said on Wednesday. In the third quarter, HPE reported net revenue of $12.2 billion, down 6 percent from $13.1 billion a year earlier. The deal comes on the same day Dell and EMC Corp...

  • Sept 7- Hewlett Packard Enterprise Co will spin off and merge its non-core software assets with Britain's Micro Focus International Plc in a deal worth $8.8 billion, the companies said on Wednesday. In the third quarter, HPE reported net revenue of $12.2 billion, down 6 percent from $13.1 billion a year earlier. The deal comes on the same day Dell and EMC Corp...

  • *Bank reviewing asset sales to boost capital. MILAN, Sept 7- Italy's largest bank UniCredit is seeking a strategic partner for its asset management business Pioneer, as part of a plan to bolster its capital base, several sources close to the matter said on Wednesday. UniCredit in July ended long-running negotiations to merge Pioneer with Santander's asset...

  • More M&A on the horizon?

    Peter Oppenheimer, chief global equities strategist at Goldman Sachs, explains why there are a lot of reasons to expect more mergers and acquisitions.

  • TOKYO, Sept 7- Japanese refiner Idemitsu Kosan Co Ltd will delay its planned acquisition of Showa Shell Sekiyu KK shares as regulatory approval is taking longer than expected, public broadcaster NHK reported on Wednesday. The nation's Fair Trade Commission has been taking longer than expected as it has also reviewing another merger in the sector- the planned...

  • Intel to buy Movidius

    CNBC's Jon Fortt talks to Intel Capital president Wendell Brooks about the company's latest acquisition of Movidius.

  • Sept 6- Wall Street was higher on Tuesday morning as lower chances of an interest rate hike and a host of multi-billion dollar takeover deals boosted investor sentiment. The odds edged down to 50.6 percent from 53.6 percent for December, according to CME Group's FedWatch tool. "The markets probably got what they most wanted," said Andre Bakhos, managing director at...

  • FRANKFURT, Sept 6- Volkswagen Trucks Chief Executive Andreas Renschler said a full merger with Navistar is possible once a technology and procurement alliance between the two truck makers takes shape. In a call to discuss a technology and procurement partnership unveiled by the two companies on Tuesday, Renschler was asked whether he could foresee a full...

  • See increase in M&A during the coming months: CIO

    In light of the M&A news surrounding Monsanto and Bayer, Mark Phelps, CIO of concentrated global equities at Alliance Bernstein, explains why more mergers are on the horizon.

  • TORONTO/ WASHINGTON, Sept 2- Canada's Potash Corp of Saskatchewan and Agrium Inc are more likely to win approval for a potential merger in Canada than the United States, but U.S. rejection of the deal would scuttle it globally, competition lawyers said. "It's possible that in this case the efficiencies win the day in Canada but don't carry the day in the United States."

  • Outbound mergers and acquisitions by Asian companies this year are set to reach the highest annual deal value on record, according to Mergermarket.

  • WINNIPEG/ CHICAGO, Aug 31- North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if Potash Corp of Saskatchewan and Agrium Inc agree to merge, major farm groups said on Wednesday. The tie-up would face regulatory scrutiny in both the United States and Canada. Independent retailers in the United...

  • Aug 31- Alere Inc alleges Abbott Laboratories is trying to stymie its planned $5.8 billion takeover of the diagnostics company by purposefully delaying key submissions to anti-trust regulators, according to a lawsuit made public on Tuesday. Alere claims in its complaint that Abbott has avoided responding to a second request by the Federal Trade Commission...

  • MILAN, Aug 31 (Reuters)- European shares edged lower on Wednesday, weighed down by losses among miners and energy stocks, but banks extended recent gains amid talk of possible tie-ups in the battered sector. Deutsche Bank chief John Cryan made a rare public call for more cross-border sector consolidation in Europe on Wednesday following a report that the German...