Deals

Hospital operators in merger talks to form U.S. industry leader: WSJ

Hospital operators in merger talks to form U.S. industry leader: WSJ

Published 10/12/2017

NEW YORK (Reuters) - Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create [more…]

Mednax fielding takeover interest from buyout firms: sources

Mednax fielding takeover interest from buyout firms: sources

Published 01/12/2017

(Reuters) - Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity [more…]

Genmab and Johnson & Johnson ‘love’ partnership as some ponder takeover

Genmab and Johnson & Johnson ‘love’ partnership as some ponder takeover

Published 01/12/2017

FILE PHOTO: Genmab Chief Executive Jan van de Winkel poses for a photograph in London, Britain, October 13, 2016. REUTERS/Ben Hirschler/File PhotoLONDON (Reuters) - Genmab [more…]

Investment veterans launch real estate, hospitality buyout vehicle

Investment veterans launch real estate, hospitality buyout vehicle

Published 09/11/2017

The former chairman of fund manager Man GLG and the ex-president of Vornado Realty Trust are behind a buyout vehicle that will seek deals in the real estate and hospitality sectors, according to marketing materials seen by Reuters on Thursday. [more…]

U.S. healthcare brightens tame U.S. high-grade M&A lending

U.S. healthcare brightens tame U.S. high-grade M&A lending

Published 03/11/2017

CVS Health Corp’s planned US$66bn buy of Aetna Inc is poised to boost the healthcare sector’s share of US investment-grade mergers and acquisitions lending beyond its current one-third share of the US$122bn total as the sector remains a bright spot in an otherwise lackluster market. [more…]

Torrent Pharma to buy Unichem Labs` India business for $558 million

Torrent Pharma to buy Unichem Labs` India business for $558 million

Published 03/11/2017

Torrent Pharmaceuticals said on Friday it would buy more than 120 brands from Unichem Laboratories in India and Nepal, and its manufacturing plant at Sikkim. [more…]

Clariant merger foe boosts stake to 20 percent: stock exchange

Clariant merger foe boosts stake to 20 percent: stock exchange

Published 27/10/2017

Activist investors who oppose Swiss specialty chemicals maker Clariant's proposed $20 billion merger with U.S.-based Huntsman have boosted their stake to 20 percent, the Swiss stock exchange said on Friday, after Reuters reported the increased holding on Thursday. [more…]

SoFi held sale talks, but bidders balked at $8 billion price: newspaper

SoFi held sale talks, but bidders balked at $8 billion price: newspaper

Published 23/10/2017

Social Finance Inc discussed a potential sale earlier this year, including with financial services company Charles Schwab Corp, but the talks fell apart over the $8 billion price the online lender sought, the Financial Times reported on Sunday, citing people familiar with the matter. [more…]

E*Trade to buy custody firm in growth push as profits remain dull

E*Trade to buy custody firm in growth push as profits remain dull

Published 20/10/2017

E*Trade Financial Corp (ETFC.O) plans to spend $275 million to acquire a firm that provides custody services and technical support to financial advisers, the discount brokerage firm said on Thursday. [more…]

Australia`s ANZ sells pension business to IOOF for $766 million

Australia`s ANZ sells pension business to IOOF for $766 million

Published 17/10/2017

Australia and New Zealand Banking Group Ltd has sold its pension unit to IOOF Holdings for A$975 million ($766 million), joining the rush of Australian banks quitting non-core and scandal-hit divisions to boost capital. [more…]