Mergers and Acquisitions Mergers

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  • LafargeHolcim posts full year results

    Eric Olsen, CEO and chairman at LafargeHolcim, discusses the cement maker's full year earnings and his outlook for the rest of 2016.

  • *Corporate headquarters in London and Frankfurt. The new firm, which will be domiciled in Britain, with a primary listing in the blue-chip FTSE 100, will also have a home on the Frankfurt Stock Exchange and have corporate headquarters in both cities. Nearly 16 years after their first attempt to merge, the London and Frankfurt exchanges last month confirmed they...

  • *Under terms of merger, LSEG shareholders will be entitled to receive 0.4421 UK topco shares in exchange for each LSEG share and DBAG shareholders will be entitled to receive one UK topco share in exchange for each DBAG share. *Total recurring cost synergies of EUR450 million per annum are equivalent to approximately 20 per cent of combined group's 2015...

  • LSE and Deutsche Boerse agree on merger

    Henry Dixon, portfolio manager of U.K. equities for GLG, comments on the merger of the London Stock Exchange and Deutsche Boerse.

  • March 15- China's Zoomlion Heavy Industry Science& Technology Co Ltd has raised its bid for U.S. crane maker Terex Corp, according to people familiar with the matter, as it challenges Terex's merger with Finland's Konecranes. Zoomlion's latest move shows corporate China's determination to acquire U.S. assets and expand its global footprint.

  • M&A activity still improving: Pro

    Chinese investors looking to buy up companies in the U.S. and Europe is a trend that is expected to continue says Alex Tarrant, Dealreporter assistant editor.

  • VIENNA, March 14- Austria, seen as a test case for the effects on competition of having fewer mobile phone players, has found users are paying more for some tariffs than they did before a 2013 merger which cut the number of operators from four to three. Monday's findings will be watched by those following Hutchison Whampoa's progress elsewhere in Europe as it is...

  • Ahold is buying Delhaize for around 9.8 billion euros in a deal announced last year that will create one of the largest food retailers on the U.S. East Coast, and by far the largest in the Benelux. At an extraordinary shareholders' meeting in Amsterdam, Ahold CEO Dick Boer underlined the potential cost savings, purchasing and other' synergies' of the deal, which he...

  • AMSTERDAM, March 14- Shareholders of supermarket group Ahold on Monday voted to approve the company's proposed merger with Belgian retailer Delhaize. At an extraordinary shareholder's meeting in Amsterdam, 99.97 percent of shareholders present voted in favour of the merger. Ahold is buying Delhaize for around 9.8 billion euros in a deal announced last year...

  • AMSTERDAM, March 14- Shareholders of supermarket group Ahold on Monday voted to approve the company's proposed merger with Belgian retailer Delhaize.

  • Leon Black, chairman and chief executive officer of Apollo Global Management

    Apollo Global is nearing a deal to acquire Fresh Market for more than $1.3 billion, people familiar with the matter told Reuters.

  • NEW YORK, March 10- United Technologies Corp, maker of jet engines, elevators, air conditioners and other building control and airplane products, said it is open to doing a large acquisition despite rejecting a merger proposed by Honeywell International Inc.. "I wouldn't be afraid to do a big deal," Chief Executive Gregory Hayes said at an investor meeting on...

  • NEW YORK, March 10- United Technologies Corp, maker of jet engines, elevators, air conditioners and other building control and airplane products, said it rebuffed a recent merger proposal from Honeywell International Inc because the deal faced "very real" obstacles and was not necessary for growth. "We don't need M&A for growth," Chief Executive Gregory Hayes said...

  • WASHINGTON, March 9- U.S. antitrust enforcers are dealing with a "tsunami" of high-value, complicated mergers that have stretched their resources, the heads of the two U.S. competition regulators told lawmakers on Wednesday. Bill Baer, head of the Justice Department's Antitrust Division, and Edith Ramirez, chairwoman of the Federal Trade Commission, told a Senate...

  • MONTREAL, March 9- Canadian Pacific Railway Ltd Chief Executive Officer Hunter Harrison on Wednesday said CSX Corp has several strengths as a merger target, but stressed that he never made a formal offer for the U.S. railroad. CP, which launched a $28 billion bid in November to merge with U.S. railroad Norfolk Southern Corp, could make an equal case for CSX, Harrison...

  • MILAN, March 8- The heads of Banco Popolare and Banca Popolare di Milano will hold a crunch meeting with regulators at the European Central Bank on Wednesday to try to overcome hurdles to a planned merger to create Italy's No. 3 bank, sources said. The stakes are high: the deal would be the first merger to be approved by the ECB, which has called for consolidation in...

  • FRANKFURT, March 8- Deutsche Boerse and the London Stock Exchange are targeting cost savings of more than 300 million euros, once a merger of the two exchanges is completed, three people familiar with the matter said on Tuesday. "Cost synergies will clearly exceed the 300 million euros targeted in the Deutsche Boerse- NYSE merger in 2011," one of the sources said,...

  • The boards of the London Stock Exchange and Deutsche Boerse confirmed on Tuesday that they are discussing a potential merger.

    Deutsche Boerse and the London Stock Exchange target more than 3 million euros in cost synergies, according to Reuters' sources.

  • Merck's Q4 net income below expectations

    Marcus Kuhnert, CFO of Merck, says the drop in 4th quarter earnings reflects one-off costs, such as the $17B acquisition of Sigma-Aldrich.

  • PARIS, March 7- Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adopting a single IT platform marks a further step in the integration of the two companies, allowing them and individual client brands to monitor...