Chemicals groups Umicore (UMI.BR) and Sinochem (600500.SS) are among the groups interested in German surface finishing and metal plating company Atotech, put on the block by France's oil giant Total (TOTF.PA), sources told Reuters.
2 min read · 25 July 2016
Outerwall Inc (OUTR.O), the owner of Redbox video rental kiosks, said it had agreed to be taken private by affiliates of private equity firm Apollo Global Management LLC (APO.N) in a deal valued at about $1.6 billion.
1 min read · 25 July 2016
Oreo cookie maker Mondelez International Inc is in talks to buy the license to make Cadbury biscuits from U.K.-based biscuit maker Burton's Biscuits Co, Reuters reported, citing an earlier story by Sky News. U.S.-based Mondelez is said to have offered to pay about 200 million pounds for the license. Burton's, owned by Ontario Teachers' Pension Plan, makes biscuits such as Cadbury Fingers under license from Cadbury UK.
1 min read · 25 July 2016
SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company, Reuters reported. Canada's Brookfield Asset Management Inc and U.S. hedge fund Appaloosa Management LP plan to jointly bid for SunEdison's stake in TerraForm Power, according to a recent regulatory filing. The rights plan is also aimed at fending off Brookfield's accumulation of its Class A shares, TerraForm Power said in a statement.
2 min read · 25 July 2016
Verizon Communications Inc said Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer, Reuters News reported.
2 min read · 25 July 2016
Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought, Reuters News reported.
4 min read · 25 July 2016
French luxury group LVMH (LVMH.PA) is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group (GIII.O) in a deal valuing the loss-making fashion brand at $650 million, Reuters News reported.
3 min read · 25 July 2016
Verizon Communications Inc (VZ.N) will announce an agreement on Monday to buy Yahoo Inc (YHOO.O) for about $5 billion, Reuters News reported.
2 min read · 25 July 2016
Yahoo Inc (YHOO.O) is focusing on U.S. telecommunications company Verizon Communications Inc (VZ.N) as the buyer of its core business after reviewing final bids that it received this week, sources told Reuters.
3 min read · 22 July 2016
Chinese state-owned conglomerate China Resources Group and Australian bank Macquarie Group Ltd plan to buy majority control of GenesisCare Ltd, laying the groundwork for Australia's biggest cancer and cardiac services provider to expand into the world's second-largest economy, Reuters reported.
2 min read · 22 July 2016
