Tag Archives: merger

Zurich, Switzerland | AFP | China’s state-owned chemical corporation (ChemChina) said Tuesday that it had extended its $43 billion offer for Swiss seed giant Syngenta until January 5, after EU regulators announced they would probe the deal. The massive takeover would be the biggest in a recent spate of Chinese …

Washington, United States | AFP | White House hopeful Hillary Clinton said the proposed mega-merger of AT&T and Time Warner “raises questions and concerns” and merits further study. AT&T and Time Warner, home of CNN and HBO, have said the proposed $108.7 billion deal will benefit consumers as they gird …

Laguna Beach, United States | AFP | A Verizon executive overseeing the deal to buy Yahoo said Wednesday the deal was moving ahead pending the outcome of an investigation into an epic hack. Verizon expected that within 60 days it would have the “outcome” of how the massive breach at …

New York, United States | AFP | AT&T on Saturday unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes. The stock-and-cash deal is valued at $108.7 billion including debt, and gives a value of $84.5 …

New York, United States | AFP |  Telecom giant AT&T has struck a deal to buy entertainment company Time Warner for more than $80 billion, to add in-house content to its distribution services, a banking source familiar with the negotiations said Saturday. An official announcement is expected before Monday’s trading …

San Francisco, United States | AFP |  Twitter shares dove in after-hours trades Wednesday on the heels of a report that Google does not plan to bid for the culture-changing but unprofitable one-to-many messaging service. The technology news website Recode cited unnamed sources close to the situation as saying Google …

London, United Kingdom | AFP |  Belgian-Brazilian brewer AB InBev savoured its status as the global leader in the beer industry after investors approved Wednesday its buyout of British rival SABMiller. Shareholders in SABMiller — currently the producer of Foster’s, Grolsch and Peroni lagers — overwhelmingly approved $103-billion (92-billion-euro) takeover …

Brussels, Belgium | AFP | Shareholders of brewing giants Anheuser-Busch InBev and rival SABMiller will vote on Wednesday on a blockbuster merger that would create the biggest beer company in the world. Belgium-based AB InBev, the brewer of Budweiser and Stella Artois, is already the world’s top brewer and the …

Shanghai, China | AFP | Two of China’s top steelmakers announced plans Tuesday to merge,creating the world’s second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world’s second largest economy is trying to overhaul its lumbering state sector and especially its steel industry, …

San Francisco, United States | AFP |  Hewlett-Packard Enterprise is looking to sell its software division, perhaps for as much as $10 billion, according to media reports on Friday that cited sources close to the matter. The move would include HPE shedding the operations of Autonomy Corp, a British software …