Johnson Controls Inc (JCI.N), a U.S. manufacturer of car batteries and heating and ventilation equipment, is in advanced talks to buy fire protection and security company Tyco International Plc (TYC.N), Reuters News reported.
2 min read · 25 January 2016
Japan's Asahi Group Holdings (2502.T) and Thai Beverage (TBEV.SI) have made it through to the final stages of an auction to buy SABMiller's (SAB.L) Peroni and Grolsch beer brands, sources told Reuters.
2 min read · 22 January 2016
A private equity-backed U.S. oil company led by former Statoil executives has bought 18,000 acres in rural west Texas, the latest deal by investors snapping up land whose value has plunged along with crude prices, Reuters reported.
3 min read · 21 January 2016
5 min read · 21 January 2016
A U.S. judge on Wednesday opened the door to dismissing the $18 billion Caesars bankruptcy case unless parties find a way to make public results of a probe into whether the casino operator transferred its most profitable properties to new owners before filing to reorganize under Chapter 11, Reuters News reported.
2 min read · 21 January 2016
Goldman Sachs Group Inc, the 2015 M&A champion, is putting a brave face on the prospects for its dealmaking business this year even with markets plunging, Reuters News reported.
2 min read · 21 January 2016
Taiwan's Hon Hai Precision Industry Co (2317.TW) has offered 625 billion yen ($5.3 billion) to buy Sharp Corp (6753.T) and has no plans to replace top management, a gesture aimed at reassuring Japanese authorities worried about an overseas takeover, the Wall Street Journal reported.
2 min read · 21 January 2016
American Apparel's (APPCQ.PK) chief executive told a bankruptcy judge on Wednesday the retailer could become embroiled in drawn-out litigation if it accepted a takeover bid being championed by its founder and former CEO Dov Charney, Reuters News reported.
2 min read · 21 January 2016
Rupert Murdoch's News Corp said rumors about the company's interest in buying microblogging site Twitter Inc or building a stake in it were untrue, Reuters News reported.
2 min read · 20 January 2016
U.S. activist hedge fund Livermore Partners is calling on Canadian and U.K. media firm Entertainment One to slow down its pace of deal-making and improve its cash flow, Reuters reported. Entertainment One's biggest investor is Canada Pension Plan Investment Board, which acquired a stake in the Toronto-based company from Marwyn Investment Management in 2015.
2 min read · 20 January 2016
