Tag: deal

December 12, 2022

Microsoft Corp. MSFT -0.80%decrease; red down pointing triangle will take a 4% stake in the London Stock Exchange’s LSEG 2.11%increase; green up pointing triangle corporate parent and provide cloud computer services for the financial markets company, in a deal that […]

September 26, 2022

Germany signed a natural gas deal with the United Arab Emirates on Sunday, as the European country scrambles to find alternatives to cut-off Russian energy imports before winter kicks in. Under the deal, German utility giant RWE will get liquefied […]

December 14, 2015

China on Monday gave the thumbs up to Shell’s plans to swallow up oil explorer BG Group in a deal that will create a £224 billion ($340 billion) oil giant. The deal, first announced in April, has already received approval […]

December 7, 2015

Sweden’s Electrolux said on Monday its deal to buy General Electric’s appliance business had fallen through after GE terminated the $3.3 billion agreement. The U.S. Department of Justice asked a federal court in July to stop Electrolux, which makes Frigidaire, […]

November 27, 2015

German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources. The sale, which could fetch about 600 million euros ($636.42 million), is an attempt by the company to offload its debt […]

November 16, 2015

Marriott International is acquiring Starwood Hotels & Resorts, creating the world’s largest hotel company. The deal is valued at $12.2 billion, consisting of $11.9 billion worth of Marriott stock and $340 million in cash. For each share of stock, Starwood […]

November 12, 2015

Photo credit: Bloomberg Blackstone Group LP has agreed to invest more than $800 million in NCR Corp that will give it the equivalent of more than a 15 percent stake in the automated teller machines maker, a source familiar with […]

November 11, 2015

Chief executives at European banks are getting a rough deal compared to their American counterparts, according to new research published in the Financial Times. The research, by PriceWaterhouseCooper and commissioned by the FT, shows that on average, chief executives in […]

November 3, 2015

Activision Blizzard is purchasing King Digital, the makers of popular game Candy Crush, for a total equity value of $5.9 billion. The deal is all cash. Activision Blizzard will $18 per share, which is nearly a $20% premium over King’s […]

October 29, 2015

Microsoft tried to buy Mesosphere, a hot cloud computing startup, for as much as $150 million — but Mesosphere turned them down, reports The Information. Rumors of a Microsoft/Mesosphere deal first surfaced over the summer, when it came out that […]

October 27, 2015

The White House and congressional leaders reached a tentative deal Monday on a two-year budget plan that also would raise the federal debt limit. If approved by Congress, the broad pact would allow House Speaker John Boehner (R., Ohio) to […]

October 8, 2015

Source photo Dell Inc, the world’s third largest personal computer maker, is in talks to buy data storage company EMC Corp, a person familiar with the matter said, in what could be one of the biggest technology deals ever. A […]

October 6, 2015

Source photo The historic trade deal struck by the U.S. and 11 other Pacific nations would benefit a number of U.S. industries, analysts and trade groups said Monday. But they say the deal won’t be a positive across the board. […]

October 1, 2015

Source photo Deere & Co. said it has reached a tentative agreement with the United Auto Workers Union on a six-year contract to replace a pact that expired Thursday. Deere DE, +0.52% the world’s largest seller of farm tractors and […]

September 18, 2015

Turkish food retailer Begendik plans to buy 10 stores from rival Tesco Kipa this year, its CEO said on Friday, part of expansion plans that could lead to a tie-up with a foreign investor, potentially from Iran, and a stock […]