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Mergers and Acquisitions Takeover Bids

  • Faber Report: Pershing Square targets ADP

    CNBC's David Faber reports Bill Ackman's Pershing Square is seeking five ADP board seats and wants to change the company's chief executive.

  • Bill Ackman seeks control of ADP

    CNBC's Leslie Picker reports Pershing Square's Bill Ackman also wants to see ADP CEO Carlos Rodriguez replaced.

  • *France, Italy target Sept. 27 deadline for STX shipyard solution. ROME/ MILAN, Aug 1- France and Italy want to find a solution for Italian shipbuilder Fincantieri's blocked takeover bid for STX France shipyards by Sept. 27, French Finance Minister Bruno Le Maire said on Tuesday. "Our strategic objective is for France and Italy to build the Airbus of the naval world, in...

  • MUMBAI, July 26- Indian online marketplace Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources said on Wednesday, providing heft to its bigger rival in a high-stakes battle with Amazon.com Inc. The board of Jasper Infotech, which runs Snapdeal, approved Flipkart's bid of $900 million- $950 million last week, the sources who...

  • BERLIN, July 25- German engineering company and auto supplier ZF Friedrichshafen was recently in advanced takeover talks with U.S. commercial vehicle parts supplier Wabco Holdings before they broke down, the Wall Street Journal reported on Tuesday. The talks collapsed after due diligence because of resistance from ZF's board, the newspaper said.

  • *Akzo Nobel to hold shareholders meeting on Sept. 8. AMSTERDAM, July 25- Dutch paintmaker Akzo Nobel's chairman will step down next April, having angered some major investors by fighting off a 26.3 billion euro takeover bid by U.S. rival PPG Industries. "The question now is whether Akzo's board will stay unanimous in its resistance of PPG," analyst Joost van Beek of...

  • AMSTERDAM, July 25- Dutch paintmaker Akzo Nobel's chairman will step down next April, having angered some major investors by fighting off a 26.3 billion euro takeover bid by U.S. rival PPG Industries. "The question now is whether Akzo's board will stay unanimous in its resistance of PPG," said analyst Joost van Beek of Theodoor Gilissen said. Akzo said it will hold an...

  • *FTSE 100 up 0.7 pct. LONDON, July 25- Strong results and buoyant basic resource stocks boosted Britain's blue-chip index on Tuesday, as small-cap luxury shoemaker Jimmy Choo soared 17 percent after an agreed bid by U.S. retailer Michael Kors. Britain's FTSE 100 jumped 0.7 percent, erasing the previous session's losses as results from Informa and Segro impressed.

  • AMSTERDAM, July 25- Netherlands- based drinks bottler Refresco said on Tuesday it had agreed to buy the bottling activities of Canada- based Cott Corp for $1.25 billion, a move that will increase its capacity in the United States. The deal comes three months after Refresco rejected a $1.5 billion takeover offer from French private equity investor PAI Partners,...

  • Dutch paintmaker Akzo Nobel, grappling with the consequences of rebuffing a 26.3 billion euro takeover bid by U.S. rival PPG Industries, on Tuesday announced earnings below market expectations.

  • July 24- Rent-A-Center Inc snubbed takeover interest from private equity firms HIG Capital and Lone Star Funds before it turned down an offer of $800 million from buyout firm Vintage Capital this month, people familiar with the matter said on Monday. HIG and Lone Star did not offer a price for the company, but each said it would pay a premium for the business, the...

  • Nelson Peltz's Trian to launch proxy fight against P&g

    Jon Feeney, Consumer Edge Research senior analyst, provides insight to investor Nelson Peltz's mounting battle for a board seat at Procter & Gamble.

  • Cramer Remix: This stock is just too sexy to ignore

    Jim Cramer may have an unhealthy obsession with this stock, but at this price, maybe you should too.

  • Jim Cramer on Mad Money.

    Jim Cramer may have an unhealthy obsession with this stock, but at this price, maybe you should too.

  • Cramer's take on the $9.94 billion deal investors are ignoring

    Jim Cramer examines the recently overlooked but promising merger between payment processors Vantiv and Worldpay.

  • A Worldpay Group Plc card payment machine prints a receipt in a retail outlet.

    Jim Cramer examines the recently overlooked but promising merger between payment processors Vantiv and Worldpay.

  • Pamplona Capital to buy Parexel for $5B

    Drug research firm Parexel has agreed to be bought by private equity firm Pamplona Capital for $88.10 per share.

  • Amazon Go

    Mickey Chadha, Moody's vice president, and Edmund Lee, Recode managing editor, weigh in on how Amazon's takeover of Whole Foods will likely impact consumers and grocery retailers.

  • PPG having a board meeting to decide whether to go hostile

    CNBC's Gemma Acton updates with the latest on a proposed takeover of Dulux maker AkzoNobel by PPG.

  • Proton Holdings Saga vehicles move along the assembly line at the company's factory in Shah Alam, Selangor, Malaysia.

    Chinese automaker Geely will be taking a 49.9 percent stake in Malaysia's iconic, home-grown, but long-struggling carmaker Proton.