Mergers and Acquisitions Mergers

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  • BRIEF-LSE SHARES DOWN 0.5 PCT AFTER CO'S SHAREHOLDERS APPROVE. July 4- London Stock Exchange Group:. *Shares in London Stock Exchange down 0.5 pct after its shareholders vote to approve LSE-Deutsche Boerse merger.

  • LSE, which along with the German exchange has vowed to press ahead with the merger despite Britain's vote to leave the European Union, said more than 99.89 percent of votes cast at a shareholder meeting were in favour of the deal.

  • Uncertainty clouds Deutsche Boerse vote

    Is the U.K.’s vote to leave the EU - the biggest impact on the possible Deutsche Boerse/LSE merger? Or is it something else? Gustav Sandstrom, reporter at DealReporter, discusses.

  • *Combined lender to be called National Bank of Abu Dhabi. DUBAI, July 3- National Bank of Abu Dhabi and First Gulf Bank won board approval on Sunday for a merger to create a banking heavyweight with $175 billion in assets, part of the emirate's plan to revamp its economy hit by lower oil prices. The newly-branded National Bank of Abu Dhabi will become one of the Middle...

  • LONDON/ FRANKFURT July 3- Shareholders of the London Stock Exchange will vote on Monday on whether to back a $27 billion merger with Deutsche Boerse, even though the deal may have to be tweaked following Britain's decision to leave the European Union. Germany's markets watchdog BaFin said last week that London could not host the headquarters of the planned...

  • *Combined lender to be called National Bank of Abu Dhabi. DUBAI, July 3- The boards of directors at National Bank of Abu Dhabi and First Gulf Bank have recommended merging the two lenders, a joint statement said on Sunday, with the deal expected to be completed in the first quarter of 2017.. Retaining the brand name National Bank of Abu Dhabi, the merger will create one...

  • DUBAI, July 3- The boards of directors at National Bank of Abu Dhabi and First Gulf Bank have recommended merging the two lenders, a joint statement said on Sunday, with the deal expected to be completed in the first quarter of 2017.. The merger will be completed via a share swap agreement which would result in shareholders of FGB receiving 1.254 new NBAD shares for...

  • July 1- Aetna Inc has launched an auction to sell a portfolio of Medicare Advantage assets as it seeks antitrust approval for its $37 billion acquisition of U.S. health insurance peer Humana Inc, according to people familiar with the matter. Merging Aetna's and Humana's Medicare Advantage businesses would make the combined company the largest U.S. manager of...

  • *Mondelez-Hershey merger would be world's largest cocoa consumer. NEW YORK, July 1- When Olam International agreed to buy rival Archer Daniels Midland Co's cocoa processing business in December 2014, catapulting it into the top echelon of bean buyers, confectioners worried about its outsized power over prices. Hershey's board of directors unanimously...

  • Hershey's board just says no to Mondelez

    Ken Goldman, JP Morgan, discusses Hershey's quick rejection of Mondelez's offer to buy Hershey for $107/share. With CNBC's David Faber.

  • Hershey's very quick rejection

    Mondelez offered to buy Hershey for $107/share, and Hershey's board immediately rejected the offer. CNBC's David Faber reports.

  • Hershey rejects Mondelez's offer

    Mondelez has offered to buy Hershey for $107/share, and Hershey's board reportedly rejects the offer.

  • June 30- Canadian chemical maker Superior Plus Corp said it scrapped the acquisition of rival Canexus Corp as they could not agree on terms, two days after the C $324 million deal was approved by Canada's antitrust regulator. The U.S. Federal Trade Commission had opposed the merger on Monday, saying the companies were two of the three manufacturers of a chemical...

  • Mondelez would keep PA jobs at Hershey

    CNBC's David Faber reports on Mondelez offer for Hershey, in which Mondelez is committed to keeping the Hershey name and moving its headquarters to Pennsylvania. The FMHR traders weigh in.

  • $4.4B Lions Gate-Starz deal

    CNBC's David Faber reports on the deal between Lions Gate and Starz.

  • June 30- Superior Plus Corp said it had terminated a C $324 million deal to buy fellow Canadian chemical company Canexus Corp after failing to agree on terms. The scrapping of the deal comes three days after the U.S. Federal Trade Commission opposed the merger, saying the companies were two of the three manufacturers of a chemical needed to whiten wood pulp for...

  • JOHANNESBURG, June 30- South Africa cleared Anheuser-Busch Inbev's $100 billion- plus deal to acquire SABMiller on Thursday, putting the world's largest brewer "on track" to complete the merger within the next six months. The Competition Tribunal, which gives the final word on mergers in Africa's most industrialized country, said in a statement that...

  • PARIS, June 30- Airbus Group and Safran pledged on Thursday to make Europe competitive in the face of U.S. low-cost rival SpaceX as they completed a deal to merge their space launcher activities. The long-awaited deal calls for the integration of industrial assets, turning their existing Airbus Safran Launchers venture into an operational concern with 8,400...

  • PARIS, June 30- Airbus Group and Safran pledged on Thursday to make Europe competitive in the face of U.S. low-cost rival SpaceX as they completed a deal to merge their space launcher activities. The long-awaited deal calls for the integration of industrial assets, turning their existing Airbus Safran Launchers venture into an operational concern with 8,400...

  • JOHANNESBURG, June 30- South Africa's Competition Tribunal granted conditional approval for the proposed merger of about $100 billion by brewer Anheuser-Busch Inbev and SABMiller, the anti-trust authority said on Thursday. After the green-light, AB InBev's CEO Carlos Brito said in a statement that the brewer was on track to close the merger in the second...