Mergers and Acquisitions Mergers

  • LONDON, Oct 18- Canadian online gambling company Amaya Inc said on Tuesday it had ended merger talks with British bookmaker William Hill after concluding that it could best deliver shareholder value by remaining an independent company. Amaya said it had also been informed by its former chief executive, David Baazov, that he continued to be interested in...

  • SYDNEY, Oct 18- Australian gambling companies Tatts Group Limited and Tabcorp Holdings Ltd requested trading halts on Tuesday to pursue talks to create a A $9.34 billion industry giant. An investment banker involved in talks between the pair, who declined to be named as he was not authorized to speak publicly, said no deal had been reached but discussions were...

  • The $26- billion all-stock deal combines Potash's crop nutrient production capacity, the world's largest, with Agrium's farm retail network, North America's biggest. Potash executives would collect payments of $24.7 million and Agrium executives would get $20.4 million to compensate them for a change in control of the companies, ISS said.

  • Oct 17- Investor advisory company Institutional Shareholder Services has recommended that investors in fertilizer producers Agrium Inc and Potash Corp of Saskatchewan support a merger of the companies. The decision was distributed to ISS clients on Friday and sent to media on Monday. The combination would create a company with significant leverage, ISS...

  • *Beijing said to be orchestrating chemicals mega-merger. HONG KONG, Oct 17- A possible merger with fellow Chinese state-owned group Sinochem could bring welcome relief to debt-laden chemicals giant ChemChina as it looks to wrap up its $43.5 billion acquisition of Swiss-based seeds company Syngenta. Led by its chairman Ren Jianxin, a dynamic entrepreneur in...

  • Green light from Banco Popolare shareholders

    Claudia Pensotti of CNBC Class discusses the merger between Italian banks Banco Popolare and Banca Popolare di Milano.

  • 57 percent of firms looking at M&As: EY

    Steve Krouskos, global vice chair of transaction advisory services at EY, says that deal activity is on the rise, despite political nationalism and uneven growth geographically.

  • BEIJING, Oct 17- Sinochem International Corp, a unit of state-owned Sinochem Group, said on Monday it has received no information regarding a proposed merger of its parent company with rival ChemChina. "Until now, this company's controlling company Sinochem Group and controlling shareholder Sinochem Group nor this firm have received any written or oral...

  • Salesforce CEO Marc Benioff

    Salesforce has ruled out a bid for social media company Twitter, the Financial Times reported on Friday.

  • Morgan Stanley, Allen& Co and LionTree LLC were retained as advisers by the special committee of its board, Viacom said. Reuters reported last month that Viacom had hired Morgan Stanley and LionTree LLC to review its capital structure. Viacom, which owns Nickelodeon and MTV, formed the committee of six independent board members last month to evaluate the merger...

  • Morgan Stanley, Allen& Co and LionTree LLC were retained as advisers by the special committee of its board, Viacom said on Friday. Reuters reported last month that Viacom had hired Morgan Stanley and LionTree LLC to review its capital structure. National Amusements, owned by media baron Sumner Redstone and his daughter Shari Redstone, is the majority...

  • *Deal proposed by China govt seeking national industry champions. BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion in annual revenue, three sources familiar with the matter said. The deal has been proposed by...

  • *Deal proposed by China govt seeking national industry champions. BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion in annual revenue, three sources familiar with the matter said. The deal has been proposed by...

  • *Deal proposed by China govt seeking national industry champions. BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion annual revenue, three sources familiar with the matter said. The deal has been proposed by...

  • *Deal proposed by China govt seeking national industry champions. BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion annual revenue, three sources familiar with the matter said. The deal has been proposed by...

  • BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a tie-up to create a global chemical, oil and agricultural giant with almost $100 billion in annual revenue, three sources familiar with the matter said. ChemChina Sinochem Combined Syngenta Revenue $38.99 $60.4 $99.4 $13 billion billion billion...

  • BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion annual revenue, three sources familiar with the matter said. The deal has been proposed by China's central government as part of its efforts to slash the number...

  • BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil company with almost $100 billion annual revenue, three sources familiar with the matter said. The deal has been proposed by China's central government as part of its efforts to slash the...

  • *Deal to add 15 cents/ shr to Stanley Black's EPS in first year. Hoboken, New Jersey- based Newell's tool business had sales of about $760 million in the past 12 months, the companies said on Wednesday. This would be Connecticut- based Stanley Black& Decker's biggest deal since it was created through the $4 billion all-stock merger of Stanley Works and Black& Decker...

  • Further media consolidation ‘inevitable’: WPP CEO

    Consolidation is inevitable and the proposed 2013 merger between Omnicom and Publicis failed for ‘social’ reasons, says WPP CEO Sir Martin Sorrell.