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Mergers and Acquisitions Mergers

  • A woman wears Snapchat's Spectacles on the floor of the New York Stock Exchange during the company's initial public offering in New York, March 2, 2017.

    The hardware represents a tiny fraction of total Snaps.

  • By Georgina Prodhan and Jörn Poltz. MUNICH, May 10- The chairman of German industrial gases group Linde got an effective green light on Wednesday for his long-desired $70 billion merger with U.S. peer Praxair despite a protest vote by shareholders dismayed at the way he is pushing it through. Wolfgang Reitzle was endorsed by 94.47 percent of shareholders at...

  • *Cuts dividend to 4 cents/ shr from 19 cents. The company's decision not to sell itself also ended speculation about a merger with U.S. broadcasting and publishing group Meredith Corp, which according to a source, had offered Time $18 per share. Chief Executive Richard Battista faced pointed questions on a post-earnings call, with investor and billionaire hedge...

  • MUNICH, May 10- The chief executive of German industrial gases group Linde defended a planned $70 billion merger with U.S. peer Praxair at the company's annual shareholder meeting, despite fierce trade union opposition that has raised investor concerns. Aldo Belloni said on Wednesday the merger would create value "for everyone involved, especially for you the...

  • MUNICH, May 10- German industrial gases group Linde expects to complete its planned $70 billion merger of equals with U.S. peer Praxair in 2018 if negotiations are successfully completed, Chief Executive Aldo Belloni told shareholders on Wednesday. The planned all-share deal has met unexpectedly strong opposition from labor representatives, including...

  • Abercrombie & Fitch is working with an investment bank to field takeover interest from other retailers, sources said on Tuesday.

  • MUNICH, Germany, May 9- The chairman of German industrial gases group Linde expects its merger agreement with U.S. peer Praxair to be finalized within weeks, he told Reuters, reiterating his determination to get the deal done despite union opposition. Negotiations to create a global leader with a market value of about $70 billion have made slower progress than...

  • LONDON, May 9- French companies have spent more on overseas acquisitions so far this year than in the same period over the past decade, marking a sharp rebound from 2016, Thomson Reuters data released on Tuesday showed. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in 2017, up from less than $5 billion over the same...

  • LONDON, May 9- French companies have spent more on overseas acquisitions so far this year than in the same period over the past decade, marking a sharp rebound from 2016 when political uncertainty limited their appetite for doing major deals, Thomson Reuters data shows. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in...

  • LONDON, May 9- French companies have spent more on overseas acquisitions so far this year than in the same period over the past decade, marking a sharp rebound from 2016 when political uncertainty limited their appetite for doing major deals, Thomson Reuters data shows. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in...

  • LONDON, May 9- French companies have spent more on overseas acquisitions so far this year than in the past decade, marking a sharp rebound from 2016 when political uncertainty limited their appetite for doing major deals, Thomson Reuters data shows. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in 2017, up from less...

  • NEW YORK, May 8- Verizon Communications Inc does not see an urgent need to undertake a big strategic merger or acquisition, its chief executive said on Monday, as some Wall Street analysts have urged the wireless company to do. Some analysts believe Verizon needs a more transformative acquisition than its $4.48 billion deal for Yahoo Inc's core business to...

  • NEW YORK, May 8- With the U.S. stock market near record highs, hedge fund managers presented ideas that largely depend on rising property values and corporate mergers for growth at a high-profile investment event in New York on Monday. Shares in Toronto- listed DHX Media Ltd, which owns rights to popular children's television shows including "Bob the Builder" and "...

  • WILMINGTON, Del./ WASHINGTON, May 8- Health insurer Anthem Inc asked a Delaware judge on Monday to give it more time to try to win approval for a merger with rival Cigna Corp, which is seeking to end the deal and collect a $1.85 billion break-up fee. Anthem asked Vice Chancellor Travis Laster of Delaware's Court of Chancery to grant a 60- day preliminary injunction...

  • Shoppers pass a Coach display in Macy's, New York.

    Coach estimates it shares on 10 percent of its shoppers with Kate Spade and sees a lot of room for growth ahead.

  • NEW YORK, May 8- Shares in a real estate developer, a cable company and the Canadian creator of the Teletubbies show all rose on Monday after being promoted at an event in New York where hedge fund managers present a diverse range of investment ideas. Shares in Toronto- listed DHX Media Ltd, which owns rights to popular children's television shows including Bob the...

  • SAN FRANCISCO, May 8- Dell Technologies Inc said on Monday it has combined the venture capital operations from its two predecessor companies, computer maker Dell Inc and data storage firm EMC Corp, and said it plans to invest about $100 million a year in startups. Before the deal, both companies maintained venture capital operations, called Dell Ventures and EMC...

  • The move could affect wireless carriers including AT&T Inc and Verizon Communications Inc, which could be hurt by additional subscriber losses, said New Street Research analyst Jonathan Chaplin. The agreement could help pave the way for a merger between Charter and Comcast in the future, New Street Research's Chaplin said. Charter's shares were down 2...

  • Comcast, Charter to announce wireless partnership

    Comcast and Charter are gearing up to announce a wireless partnership as soon as today.

  • Mark Mobius, executive chairman of Templeton Asset Management's Emerging Markets Group

    China’s new economy plays aren’t just a bet on China; they’re also a bet on frontier markets’ growth, Mark Mobius told CNBC on Monday.