SAO PAULO, Feb 22- Ternium SA has agreed to buy Thyssenkrupp AG's CSA steel plant for 1.26 billion euros, ending five years of attempts by the German industrial firm to offload the loss-making Brazilian mill. Including debt, the deal announced by the two companies late on Tuesday gives CSA, the largest foreign investment project ever in Brazil, an enterprise value...
TORONTO, Feb 21- Canada's main stock index closed at a record high on Tuesday, with energy shares leading broad-based gains as oil prices climbed, while Restaurant Brands International Inc jumped more than 7 percent after it announced an acquisition. Gains for the Toronto Stock Exchange's S&P/TSX composite index came as data showed the fastest pace of growth...
Feb 21- Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher. Earlier on Tuesday, Bristol-Myers said it added three directors to its board, a move supported by JANA...
Feb 21- Lodging real estate investment trust Ashford Hospitality Trust Inc offered to buy FelCor Lodging Trust Inc in a deal valued at about $1.27 billion and launched a proxy battle for the control of the company's board. Reuters calculation of the deal value is based on FelCor's 137.5 million shares outstanding as of Sept. 30. FelCor's shares closed up 9.7...
Feb 21- Chemical maker Tronox Ltd announced plans on Tuesday to buy the titanium dioxide business of Cristal, a subsidiary of Saudi Arabia's Tasnee, for $1.67 billion cash and new shares. The deal will help Cristal pay its outstanding bank debt of $1.673 billion in Saudi Arabia, Tronox said in a statement. Those banks include The Saudi British Bank, an affiliate of...
TORONTO, Feb 21- Canada's main stock index reached a new record high on Tuesday, led by Restaurant Brands International Inc after it announced an acquisition, while heavyweight financial and energy shares also gained as oil prices rose. The Toronto Stock Exchange's S&P/TSX composite index gained as data showed the fastest pace of growth in euro zone business...
Feb 21- Lodging real estate investment trust Ashford Hospitality Trust Inc offered to buy FelCor Lodging Trust Inc in a deal valued at about $1.27 billion and launched a proxy battle for the control of the company's board. FelCor's shares rose as much as 13 percent to $8.16 on Tuesday, but were trading well below the offer price of $9.27 per share.
The companies have agreed to reduce the price Verizon will pay to acquire Yahoo's operating business by $350 million.
Tressis Gestion CIO Daniel Lacalle responds to news that Kraft Heinz has dropped its bid to buy Unilever.
Neil Dwane, global strategist at Allianz Global Investors, discusses Kraft Heinz's decision to drop its bid for Unilever.
In this week's Trader Poll, tell us which sector is the most ripe for mega mergers and acquisitions.
Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.
Zurich Insurance CEO Mario Greco weighs in on whether he thinks a tie-up between a bank and an insurer makes sense, in light of Generali’s own business developments.
Hudson's Bay Co has made a takeover approach for struggling retailer Macy's Inc, people familiar with the matter said.
John Rountree, managing partner at Novasecta, explains why J&J's acquisition of Actelion is "structured in a creative way."
Bega Cheese shares jumped 13% after the company announced acquisition of Vegemite and other brands from Mondelez International.
The deal hit the "sweet spot" that benefits shareholders on both sides, Reynolds American Executive Chairman Susan Cameron says.
Syngenta CEO Erik Fyrwald discusses his upcoming deal with ChemChina.
Tim Gee, M&A partner at Baker McKenzie, gives his forecasts for the mergers and acquisitions space in 2017, despite uncertainty surrounding politics.
Steve Krouskos, global vice chair of transactions advisory services at EY, explains that CEOs are "future-proofing their business."