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Mergers and Acquisitions Buyins and Buyouts

  • LISBON, March 31- Portugal has agreed to sell a 75 percent stake in state-rescued lender Novo Banco to U.S. private equity firm Lone Star in exchange for a capital injection of 1 billion euros into the institution, the government said on Friday. Prime Minister Antonio Costa said the sale fulfilled a key criterion of not extending any state guarantees to the buyer,...

  • JOHANNESBURG, March 29- Shareholders in South Africa's Aveng approved the sale of a 51 percent stake in the Grinaker-LTA business to Kutana Construction, the company said on Wednesday, bringing in a partner owned by black women. Shares in Aveng were up 1.29 percent to 7.04 rand at 1046 GMT. With rising unemployment, the ruling African National Congress is under...

  • March 28- The two buyout firms that own Pharmaceutical Product Development LLC are in advanced talks to sell some of their stakes in the U.S. clinical trials firm at a price that would value the entire company at more than $9 billion, including debt, people familiar with the matter said. Carlyle and Hellman& Friedman are in talks to sell minority stakes in PPD to...

  • March 28- Tesla Inc said on Monday that Chinese tech giant Tencent Holdings Ltd has invested $1.78 billion in the Electric carmaker for a 5 percent passive stake. Tencent, best known for its WeChat mobile app, has been investing in a number of sectors, including gaming, entertainment, cloud computing and online financing. Tencent now owns more than 8 million shares...

  • HONG KONG, March 28- Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of the publisher of Forbes magazine, two sources with knowledge of the matter told Reuters. Hong Kong- based investor group Integrated Whale Media Investments, which holds 95 percent of Forbes Media, is also in talks with another Chinese media firm...

  • An employee restocks a shelf in the grocery section of a Wal-Mart Supercenter

    Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said.

  • Lloyd Blankfein joins Squawk Box on the first day at their new studio in New York City.

    Few Wall Street banks still run LBO shops in-house. An $8 billion LBO fund may put the bank in a class of its own.

  • Timothy Walbert, Horizon Pharma chairman & CEO, speaks to CNBC during an interview on the floor of the New York Stock Exchange July 20, 2015.

    Horizon Pharma has hired Bank of America to help it explore selling a significant equity stake to an investor that would bolster its balance sheet.

  • Philippe Dauman, Viacom

    Viacom has received interest from three dozen companies for a minority stake in its Paramount Pictures studio, Chief Executive Philippe Dauman said.

  • ArcelorMittal launched plans to raise $3 billion in fresh capital in a bid to reduce debt in the face of weak steel and mining sectors.

  • Did investors overpay for Keurig?

    CLSA U.S. Managing Director and beverage analyst Caroline Levy discusses the timing of Keurig's $13.9B buyout, and whether investors overpaid at a 75 percent premium.

  • Pearson, fresh from agreeing the sale of the Financial Times newspaper, said on Wednesday it would sell its 50 percent stake in the Economist Group to its existing investors.

  • Euro: Should you be bullish or bearish?

    Ed Ponsi, Managing Director at Barchetta Capital Management, believes the common currency will remain in the 1.05-1.13 range against the greenback.

  • Activis CEO:  Innovation vs. acquisition

    Brent Saunders, Actavis CEO, discusses how Actavis is leading the way in growth pharma and talks about its M&A strategy.

  • GrooveBook's promising future

    Brian Whiteman, GrooveBook founder; discusses how he got the idea to start his photobook company. And Jeffrey Housenbold, Shutterfly president & CEO, shares his outlook for GrooveBook.

  • GrooveBook: 'Shark Tank's' first buyout

    Discussing Shutterfly's $14.5 million acquisition of "Shark Tank" backed GrooveBook, with Brian Whiteman, GrooveBook founder; Jeffrey Housenbold, Shutterfly president & CEO, and Kevin O'Leary, "Shark Tank" investor.

  • Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.

  • Faber Report: Family Dollar rejects latest Dollar General bid

    CNBC's David Faber reports Family Dollar has rejected Dollar General's revised buyout bid over antitrust issues.

  • Hermes special order Horseshoe 30 cm (12 inches) shiny braise and ultra violet Nilo crocodile Brikin bag, Heritage Auctions,  Luxury Accessories Signature Auction.

    French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.

  • Buffett: No chance Coke would go private

    Shares of Coca-Cola are spiking. CNBC's Becky Quick provides insight to Warren Buffett denying money manager David Winters' reported comments speculating that Coca-Cola could be taken private.