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Mergers and Acquisitions Acquisitions

  • TOKYO, April 14- Toshiba Corp on Friday denied a Bloomberg report that the company had temporarily suspended all meetings and decisions over the sale of its memory chip business to address concerns raised by an industry partner. "It is not true Toshiba has put the chip sale process on hold," a Toshiba spokesman told Reuters. Shares in Toshiba plunged more than 8...

  • NEW YORK, April 13- T-Mobile US Inc bid $8 billion and Dish Network Corp $6.2 billion to win the bulk of broadcast airwaves spectrum for sale in a government auction, the U.S. Federal Communications Commission said on Thursday. The two carriers accounted for more than two-thirds of $19.8 billion in winning bids, the FCC said. Comcast Corp agreed to acquire $1.7...

  • *To get $300 mln from Biogen, $170 mln from Roche upfront. April 13- Bristol-Myers Squibb Co said on Thursday it would license two of its drugs to Biogen Inc and Roche Holding AG for an upfront fee of $470 million. The Wall Street Journal reported in February that billionaire investor Carl Icahn had taken a stake in Bristol and saw the company as a possible takeover...

  • LONDON, April 13- Anglo-Dutch consumer group Unilever has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which was announced last week, sources told Reuters on Thursday. The sale, which could fetch as much as 6 billion pounds, is expected to kick off later this year, the sources said, following a far-reaching...

  • April 12- Staff of the Ontario Securities Commission on Wednesday filed a statement of allegations accusing former Aston Hill Financial Inc executives of securities law violations in connection with a leaked takeover offer in 2014 by online gambling company Amaya Inc.. The OSC staff alleged that Ben Cheng, then president of Aston Hill Financial, became...

  • AMSTERDAM, April 12- Rebel shareholders in Dutch paint maker Akzo Nobel want to oust the company chairman after Akzo refused to engage in takeover talks with U.S. rival PPG Industries. Elliott Investors, one of Akzo's largest shareholders, said in a statement it was one of a group of investors that meets the Dutch legal threshold of 10 percent support needed to...

  • NEW YORK/ PARIS, April 11- Altice USA, the cable operator that Netherlands- based Altice NV put together by acquiring Cablevision and Suddenlink Communications, on Tuesday filed for an initial public offering that seeks to raise $1 billon to $2 billion, according to a source familiar with the matter. Last week John Malone's Liberty Interactive Corp said it would...

  • BAAR, Switzerland, April 11- Sika shareholders attacked the Swiss chemical company's founding family for pushing through a proposal for a smaller dividend increase-- the latest twist in a bitter takeover battle with France's Saint-Gobain. The Burkard family's call for a dividend of 96 Swiss francs per bearer share, rather than the board's proposed 102 franc...

  • LONDON, April 11- Singapore's $344 billion GIC led the sovereign investor pack in the first three months of 2017, sealing two of the biggest investments of the quarter. GIC teamed up with private equity firm Hellman& Friedman in a $1.9 billion deal for a 75 percent stake in Spain's Allfunds Bank, and paired with Paramount Group to acquire 60 Wall Street, a "trophy...

  • TAIPEI, April 11- Chinese tech conglomerate LeEco, whose businesses stretch from smartphones to electric vehicles, has abandoned a $2 billion proposed acquisition of U.S. consumer electronics company Vizio, the company said on Tuesday. However, in March, the company successfully secured $2.2 billion for expansion from investors including property...

  • The deal is subject to approval by the Committee on Foreign Investment in the United States, a government panel that reviews acquisitions by foreign entities for potential national security risks. The buyer is Unic Capital Management, a subsidiary of Sino IC Capital that was founded last year, the companies said in a news release. Sino IC Capital was...

  • *Flipkart to acquire eBay's India business. India is the world's fastest-growing internet services market as a rising middle class increasingly shops online. Amazon announced last year it would invest over $5 billion in India, and has recently expanded into online video and grocery shopping in the country.

  • FRANKFURT, April 10- Buyout groups Bain Capital and Cinven won the backing of German generic drugmaker Stada's management with a surprise improvement on its previous takeover proposal, valuing the company at about 5.3 billion euros. The private equity consortium is offering 65.28 euros per share and a dividend of 0.72 euro per Stada share, the company said in a...

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  • Shares of Akorn, which has a market value of about $3.7 billion, were up 10 percent at $32.60 in aftermarket trading. In September, the company made its biggest deal ever with the acquisition of Spain's private hospital chain Quironsalud for 5.8 billion euros, including assumed debt. Bloomberg had reported earlier in the day that Fresenius was weighing a bid for...

  • Shares of Akorn, which has a market value of about $3.7 billion, were up 10 percent at $32.60 in aftermarket trading. In September, the company made its biggest deal ever with the acquisition of Spain's private hospital chain Quironsalud for 5.8 billion euros, including assumed debt. Bloomberg had reported earlier in the day that Fresenius was weighing a bid for...

  • EU ANTITRUST REGULATORS TO CLEAR TWENTY-FIRST CENTURY FOX PLAN TO ACQUIRE THE REST OF UK PAY-TV GROUP SKY- SOURCES.

  • BEIJING, April 6- China's Ant Financial tried to soothe security concerns about its proposed $880 million takeover MoneyGram International Inc on Thursday, saying it intends to store U.S. user data locally once the deal closes. Ant's bid comes amid heightened tension between China and the United States over trade. It will be subject to a review by the Committee...