Mergers and Acquisitions Mergers

  • FRANKFURT, Dec 4- Deutsche Boerse's chief executive has sought to reassure Frankfurt over its merger with London Stock Exchange Group, saying the German regulator will retain power over the exchange when it becomes part of a larger London- based group. Carsten Kengeter told the Frankfurt Chamber of Commerce in a letter seen by Reuters that the markets watchdog...

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  • With neutral Switzerland outside of the European Union, Luxembourg was a contender, along with London until Britain's vote to leave the EU, but Frankfurt had long been viewed as the favorite. The bank, in a statement on Thursday, said that by merging its wealth management subsidiaries in Germany, Italy, Luxembourg, the Netherlands and Spain into one legal entity, "...

  • FRANKFURT, Dec 1- Linde supervisory board Chairman Wolfgang Reitzle is still in favour of a tie-up between the German industrial gases maker and U.S. rival Praxair, which has made a renewed merger proposal, German newspaper Handelsblatt reported. Praxair's recent concessions to Linde include giving the German group's Munich headquarters a bigger role than...

  • *Linde supervisory board to convene Dec. 7- source. FRANKFURT/ MUNICH, Nov 29- U.S. industrial gases group Praxair has revived efforts to combine with German rival Linde, seeking to overcome differences over key personnel and location of headquarters that scuppered previous talks in September. A person close to Munich- based Linde, which also operates medical gas...

  • FRANKFURT, Nov 29- German industrial gases group Linde has received a fresh approach from U.S. rival Praxair for a merger of equals and its executive board is reviewing the proposal. Linde's shares were up 3.7 percent in after-hours trading in Frankfurt. Praxair's shares closed up 2.9 percent at $122.18 in New York.

  • FRANKFURT, Nov 29- German industrial gases group Linde has received a fresh approach from U.S. rival Praxair for a merger of equals and its executive board is reviewing the proposal, Linde said in a statement on Tuesday. Linde shares were up 3.7 percent in after-hours trading in Frankfurt. Praxair shares rose 3.9 percent in New York.

  • Linde Group logo is seen at a company building in Munich-Pullach, Germany.

    Praxair and Linde stopped merger talks in September, ending a deal that would have created a company with a value of more than $60 billion.

  • LONDON, Nov 29- UK- based law firm Eversheds is in merger talks with U.S. peer Sutherland Asbill& Brennan in the latest attempt by the British firm to secure a U.S. tie-up. Eversheds' Chief Executive Bryan Hughes outlined plans in 2012 to become a "global leader" by 2020, partly to better serve the global needs of clients, and the firm has been openly keen to clinch a U.S....

  • DUESSELDORF, Germany, Nov 29- Thyssenkrupp's powerful labor chief said workers would resist shutting down capacity in any merger of the German industrial group's European steel business with that of peer Tata Steel. "I don't see any strengthening through a merger with Tata," Segerath said, adding he would prefer a sale of Thyssenkrupp's steel plant in Brazil.

  • LONDON/ FRANKFURT, Nov 28- Tata Steel and Thyssenkrupp are looking at reducing the size of Britain's largest steel plant in Port Talbot, Wales, industry sources said, as the two firms press ahead with plans to merge their European steel operations and deal with the overcapacity afflicting the industry. Indian-owned Tata Steel, which employs 11,000 people in...

  • LONDON, Nov 28- Denmark's A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas operations in a deal that would create a business worth more than $10 billion including debt, sources familiar with the matter said. Maersk is working with Bank of America on the potential deal, while JP Morgan is assisting Dong Energy, said the people, who cautioned...

  • Yum China Holdings is in talks to buy food delivery services firm Daojia.com for up to $200 million, Reuters reports.

  • ESSEN, Germany, Nov 24- German industrial company Thyssenkrupp reported a 12 percent fall in annual operating profit and gave a cautious outlook that underlined the urgency of finding a lasting solution for its struggling steel business. Backed by activist investor Cevian, which has increased its stake this year to almost 20 percent, Thyssenkrupp is striving...

  • FRANKFURT, Nov 23- The finance chief of Deutsche Boerse warned on Wednesday rivals in the United States and China would become dominant if the German group's planned merger with the London Stock Exchange was blocked by European regulators. Gregor Pottmeyer said the planned $28 billion tie-up, announced earlier this year, was necessary after competitors in...

  • Satya Nadella and Jeff Weiner on Microsoft acquiring LinkedIn, June 13, 2016.

    Microsoft's largest ever acquisition, will allow the company to add a suite of sales, marketing and recruiting services.

  • *Q3 net profit 394 million shekels vs 377 million forecast. JERUSALEM, Nov 23- Bezeq Israel Telecom renewed pressure on regulators to allow it to merge its services on Wednesday, as growth in broadband Internet services helped it post a smaller-than-expected fall in quarterly profit. Israel's Communications Ministry has been reluctant to allow Bezeq-- a...

  • *Investigation into $8 bln merger of Samsung Group affiliates. SEOUL, Nov 23- South Korean prosecutors raided the offices of Samsung Group on Wednesday, a prosecution official said, after media reports of alleged links with a confidante of President Park Geun-hye who has been indicted in an influence-peddling scandal. NPS, the world's third-largest pension...