Buying Juno could help Celgene diversify its portfolio as its top-selling drug approaches patent expiration.
PARIS, Jan 17- French manufacturing group Alstom, which has agreed to merge its rail operations with Germany's Siemens, reported higher third-quarter sales and kept its 2020 financial targets. Last September, Siemens and Alstom agreed to merge their rail operations, creating a European champion to challenge the advance of China's state-owned CRRC.
General Electric slumped 3 percent Tuesday after reporting a $6.2 billion write-down. Media company Viacom dropped 7 percent following reports that it's not in talks to merge with CBS. Stocks are trading higher on Wall Street, sending the Dow Jones industrial average trading above 26,000 for the first time.
LONDON, Jan 15- European stocks edged lower on Monday following two weeks of gains, with cyclical stocks among the biggest decliners while merger activity remained in focus. While the STOXX index has seen a strong start to 2018 and has held at its highest levels since August 2015, weakness among banking and energy stocks kept the index in negative territory, while...
DUBAI, Jan 15- First Abu Dhabi Bank, the largest bank in the United Arab Emirates, has issued a $610 million Formosa bond, it said on Monday, confirming an earlier Reuters report. First Abu Dhabi Bank was created last year by the merger of National Bank of Abu Dhabi and First Gulf Bank. National Bank of Abu Dhabi has issued such bonds in the past, including an $885 million...
Retailers have to be everywhere the consumer wants them to be, says Robert Sweeney, Goldman Sachs global head of consumer and retail investment banking, weighing in on retail trends and whether to expect further mergers in the industry.
The law makes it cheaper for multinational companies to repatriate foreign cash, and they could use that money to fund deals.
Investors at the conference want to know if companies are planning more M&A in the wake of tax reform. Pricing practices could be in focus.
Jan 8- SOCO International Plc:. *IT IS EVALUATING A POTENTIAL MERGER OF EQUALS WITH KUWAIT ENERGY. *DISCUSSIONS WITH KUWAIT ENERGY'S NEWLY-CONSTITUTED BOARD OF DIRECTORS ARE PRELIMINARY AND NO TRANSACTION TERMS HAVE BEEN AGREED Source text for Eikon: Further company coverage:.
RICHMOND, Va.— Dominion Energy's planned merger with a South Carolina energy company could open the door for an expansion of the proposed Atlantic Coast Pipeline, both supporters and opponents of the natural gas project say. In a conference call about the proposed merger, Dominion CEO Tom Farrell said SCANA Corp. is a "natural fit" for Dominion, which already...
Pressure on Big Food is increasing, and a lower corporate tax rate may make a company breakup cheaper.
Giovanni Amodeo, global head of analytics and global head of research at Acuris, speaks about M&A trends.
It's hard to see what problem Target would solve for Amazon.
Residential customers of Scana's SCE&G utility will get an average of $1,000 within 90 days of the deal being completed.
"Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count," Munster says.
2017 was the year challenges facing retailers began to bleed into the consumer goods and food industries.
DUESSELDORF/ FRANKFURT, Dec 21- Workers on Thursday struck a deal with German industrial company Thyssenkrupp to secure steel plants and jobs, a big step towards a planned merger of the group's European steel business with that of India's Tata Steel. The deal removes a major obstacle to the merger, planned for next year, which will create Europe's second-largest...
*Job, site security until Sept. 30, 2026. DUESSELDORF, Dec 21- Workers on Thursday struck a deal with Thyssenkrupp to secure steel plants and jobs, a key step towards a planned merger of the group's European steel business with that of India's Tata Steel. The agreement, which still needs to be approved by IG Metall's members, foresees no forced layoffs or major site...
CNBC's Phil LeBeau weighs in on the news that Boeing has reportedly held takeover talks with Brazilian aircraft maker Embraer.
Bob Diamond, Atlas Merchant Capital founder and CEO, and David Schamis, Atlas Merchant Capital CIO, provides insight to the acquisition of The Hartford's life insurance and annuity business.