Deals and IPOs Acquisitions

  • SAO PAULO, Oct 18- China's State Power Investment Corporation is in talks to acquire two additional hydroelectric dams and two thermal plants in Brazil, a person with knowledge of the matter said Thursday. State Power is also considering a bid for two coal thermal plants that France's Engie SA owns in the southern Brazilian states of Santa Catarina and Rio...

  • JOHANNESBURG, Oct 19- Shares in South Africa's Clover Industries raced to their highest in almost two months on Friday after the dairy company said it is in talks with an unnamed firm that intends to acquire all its shares. Clover's shares jumped as much as 15 percent to 16.40 rand, their highest since Sept. 4, outperforming the All-share on Friday which was down...

  • JOHANNESBURG, Oct 18- Investec Asset Management, a subsidiary of Investec, has bought in a firm that runs private colleges in South Africa, it said on Thursday, tapping into a fast-paced expansion in education businesses. Its parent company is planning to spin-off and float the asset management unit on the London Stock Exchange with a secondary listing in...

  • Oct 18- Textron Inc is one year behind schedule on benefiting from the acquisition of all-terrain vehicles maker Arctic Cat, the company said on an earnings call on Thursday, blaming the unit's management for "unfavorable operating performance". "When you have something like that going on at the business, it creates enough chaos that drives down the operating...

  • *Business could be worth around $11 billion. ZURICH/ FRANKFURT, Oct 17- ABB is exploring a sale of its Power Grids business, people familiar with the matter told Reuters, representing a U-turn by Chief Executive Ulrich Spiesshofer who defied activist shareholders to keep the unit two years ago. Credit Suisse and investment banking boutique Dyal Co, led by former...

  • The Novartis headquarters in Basel, Switzerland.

    Swiss drugmaker Novartis also raised its full-year sales outlook.

  • Oct 18- Biopharmaceutical company Endocyte Inc said on Thursday that Novartis AG will acquire Endocyte in an all-cash deal for $24 per share, or a total equity value of about $2.1 billion. The offer represents a premium of 54 percent to Endocyte's closing price of $15.56 on Oct. 17, Endocyte said. The cancer drug maker expects the transaction to be completed in the...

  • Jeff Lawson CEO, Twilio

    Shares of SendGrid rose 18 percent Tuesday.

  • *Sainsbury's agreed 7.4 bln stg takeover of Asda in April. LONDON, Oct 16- Britain's competition regulator will include German discounters Aldi and Lidl, and online giant Amazon, in its market probe of Sainsbury's proposed takeover of Asda, boosting the deal's chances of being approved without a big sale of stores. Past probes have tended to focus on Britain's...

  • Israeli cybersecurity company Sygnia said Tuesday that it will be acquired by Singapore investment firm Temasek Holdings, subject to customary signing and closing conditions.   

  • Oct 15- Cloud communications provider Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion. Startups such as Airbnb Inc and Lyft Inc use the service to send text message notifications to users, for example. Firms such as Uber Technologies Inc and Spotify Technology SA use SendGrid's services.

  • Twilio to buy e-mail marketing platform SendGrid in $2B deal

    CNBC's Josh Lipton reports on Twilio acquiring e-mail marketing platform SendGrid in an all-stock deal.

  • Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018.

    It's another means to bolster Apple Music as the company takes on streaming giant Spotify. 

  • NEW YORK, Oct 12- Walmart Inc said on Friday it has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel-focused acquisition in less than two weeks as it seeks deeper inroads into the online fashion space. In 2017, the Bentonville, Arkansas based retailer partnered with department store chain Lord& Taylor and...

  • NEW YORK, Oct 12- Walmart Inc has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel- focused acquisition in less than two weeks as the world's biggest retailer seeks deeper inroads into the online fashion space. In 2017, the Bentonville, Arkansas based retailer partnered with department store chain Lord& Taylor...

  • NEW YORK, Oct 12- Walmart Inc has acquired online lingerie retailer Bare Necessities for an undisclosed amount, the company said on Friday, as it works to boost its competitive standing in U.S. e-commerce and appeal to younger shoppers. The deal closed on Friday, the retailer said in a blog post. Earlier this month, Walmart acquired Eloquii, a fashion startup that...

  • *Edenred, Natixis express Ingenico interest- sources. PARIS/ LONDON, Oct 11- Ingenico is being pursued by business services company Edenred and corporate banking group Natixis as consolidation in the payments field heats up. French group Ingenico, which has a 4 billion euro stock market value and has been a takeover target before, confirmed it had received "...

  • A barista places a coffee on to a serving tray in a Costa Coffee shop in London, U.K., on Wednesday, May 2, 2018. 

    Whitbread obtained shareholder approval for its proposed sale of its coffee chain Costa to Coca-Cola.

  • Marlboro cigarettes, produced by Altria Group

    Altria shares rallied Wednesday on reports that the Marlboro cigarette maker is in talks to buy a stake in Canadian marijuana company Aphria.

  • Cyber security

    Cybersecurity company Imperva Inc said on Wednesday it will be taken private by Thoma Bravo LLC in an all-cash deal valued at $2.1 billion.