×

Mergers and Acquisitions Acquisitions

  • May 26- Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday. PepsiCo did not respond to a request for comment, while Vita Coco declined to comment. Founded in 2004 by two childhood friends in New...

  • WARSAW, May 26- CVC Capital Partners, one of the world's biggest buyout groups, is looking for more acquisition targets in Poland, despite some concerns over regulatory risks, CVC's Polish head said at the Reuters Central& Eastern Europe Investment Summit. CVC entered Poland in 2015 when it bought PKP Energetyka utility from the state-owned railway firm for 1.97...

  • CALGARY, Alberta, May 24- Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and ConocoPhillips prepare to offload C $6.8 billion worth of stakes in two domestic producers, just months after acquiring them. Sources told Reuters on Tuesday that Shell has decided to sell its C $4.1 billion stake in CNRL while...

  • Proton Holdings Saga vehicles move along the assembly line at the company's factory in Shah Alam, Selangor, Malaysia.

    Malaysian carmaker Proton has finally landed a foreign partner in Chinese automaker Zhejiang Geely Holding.

  • *China is one of world's fastest growing condom markets. SYDNEY, May 25- A Chinese consortium is buying Ansell Ltd's condom division, the world's no. 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education. Ansell's brands include Jissbon, which sounds like James...

  • CALGARY, Alberta, May 24- Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and ConocoPhillips prepare to offload C $6.8 billion worth of stakes in two domestic producers, just months after acquiring them. Sources told Reuters on Tuesday that Shell has decided to sell its C $4.1 billion stake in CNRL while...

  • KUALA LUMPUR/ BEIJING, May 24- Geely, the owner of Sweden's Volvo Car Group, on Wednesday said it would buy 49.9 percent of struggling Malaysian carmaker Proton from conglomerate DRB-HICOM Bhd, marking the Chinese automaker's first push into Southeast Asia. Zhejiang Geely Holding Group Co Ltd, parent of Hong Kong- based Geely Automobile Holdings Ltd, will also...

  • Glencore confirms its in the market to acquire Bunge

    CNBC's Gemma Acton weighs in on Glencore's business strategy behind its potential acquisition of agribusiness Bunge.

  • May 23- Private equity firm Apollo Global Management LLC is in advanced talks to acquire U.S. job-hunting website CareerBuilder LLC after negotiations with another buyout firm ended unsuccessfully, according to people familiar with the matter. Private equity firm GTCR Ltd was in the lead to acquire CareerBuilder for more than $1 billion, Reuters reported...

  • SAO PAULO, May 23- Shares in Brazilian meatpacker JBS SA stormed higher on Tuesday, helped by bargain-hunting and speculation about potential takeover interest, after earlier falling on concern about the company's role in a corruption scandal. The billionaire Batista brothers who control JBS through holding company J&F Investimentos SA have admitted to...

  • May 23- Private equity firm Apollo Global Management is in advanced talks to acquire U.S. job-hunting website CareerBuilder LLC after negotiations with another buyout firm ended unsuccessfully, according to people familiar with the matter. CareerBuilder's owners, TV station operator Tegna Inc, broadcasting company Tribune Media Co and newspaper group...

  • The company did not say more about a potential offer that its Glencore Agriculture Ltd unit made to Bunge. Shares of Bunge surged earlier on Tuesday after the Wall Street Journal reported that commodities trader Glencore Plc has approached the U.S. agribusiness group about a takeover. The report comes amid heightened expectations of consolidation among...

  • JERUSALEM, May 23- Israeli billionaire Teddy Sagi has agreed to buy a controlling stake in Brack Capital Properties, a property owner and developer in Germany, for about 1 billion shekels, the company said on Tuesday. BCP, which is listed on the Tel Aviv Stock Exchange, said in a statement that Sagi agreed to buy a controlling 44 percent stake, or about 2.9 million...

  • "We are going to be bullish on finding companies that fit our strategy," Peter Koo, a senior vice president for Samsung's mobile division, said during an investor event in Hong Kong. The world's top maker of memory chips, smartphones and televisions has grown more aggressive in acquiring companies in recent years, breaking from its past preference to rely on its own...

  • CNBC Mad Money Lightning Round

    Jim Cramer shares his take on caller favorite stocks, including this drugmaker.

  • BRUSSELS, May 19- French utility EDF is set to gain unconditional approval from the EU competition authorities for its plan to acquire a controlling stake in ailing nuclear power engineering group Areva's reactor business, a person familiar with the matter said on Friday. The deal is crucial for France, which has Europe's largest network of nuclear plants, and...

  • MEXICO CITY, May 17- Mexico expects to import a record amount of yellow corn from Brazil this year after its livestock producers secured lower prices in deals with suppliers on a recent visit to South America as NAFTA talks loom, a Mexican official said Thursday. Alejandro Vazquez, a government official who was part of a Mexican delegation that visited Brazil and...

  • May 18- The head of the U.S. House Armed Services Committee introduced legislation on Thursday to cut cost overruns at the Pentagon by overhauling the way it buys everything from common off-the-shelf goods to services and intellectual property. Representative Mac Thornberry, a Texas Republican, told reporters, "if you're buying office supplies, you ought to be...

  • LONDON, May 18- British wholesaler Booker still expects its 3.7 billion pound takeover by Tesco to be completed by early 2018 at the latest, it said after reporting annual results on Thursday, despite regulatory hurdles that analysts said could make the timetable optimistic. Though the companies announced the deal in January, Britain's Competition& Markets...

  • BRUSSELS, May 18- European Union antitrust regulators fined Facebook 110 million euros on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014.. Calling it a "proportionate and deterrent fine," the European Commission, which acts as the EU's competition watchdog, said Facebook had said it could...