Mergers / Acquisitions / Takeovers

China`s Fosun, Shanghai Pharma say bid for stake in U.S. drugmaker Arbor

China`s Fosun, Shanghai Pharma say bid for stake in U.S. drugmaker Arbor

Published 14/08/2017

A unit of China's Fosun Group and Shanghai Pharmaceuticals Holding Co (601607.SS) are among bidders for a stake in U.S. speciality drugmaker Arbor Pharmaceuticals LLC, the companies said on Monday. [more…]

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

Published 12/08/2017

Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. [more…]

Envision to sell ambulance business to KKR in $2.4 billion deal

Envision to sell ambulance business to KKR in $2.4 billion deal

Published 08/08/2017

Envision Healthcare Corp (EVHC.N) said on Tuesday it would sell its ambulance business to buyout firm KKR & Co (KKR.N) in an all-cash deal valued at $2.4 billion as it sharpens its focus on its core businesses. [more…]

Fintech firm Fiserv raises offer for Monitise to $98 million

Fintech firm Fiserv raises offer for Monitise to $98 million

Published 07/08/2017

U.S. financial technology provider Fiserv made an improved offer for Monitise worth about 75 million pounds ($98 million) on Monday, hoping to secure backing from the British financial services technology group's investors. [more…]

PSA finalizes purchase of Opel/Vauxhall from General Motors

PSA finalizes purchase of Opel/Vauxhall from General Motors

Published 01/08/2017

FILE PHOTO: Carlos Tavares (C), Chairman of the Managing Board of French carmaker PSA Group, Mary Barra (L), chairwoman and CEO of General Motors, and Dr Karl-Thomas Neumann, Chairman of the Management Board Opel Group GmbH, pose during a news conference in Paris, France, March 6, 2017.

PSA Group clinched the Opel and Vauxhall brands from General Motors on Tuesday, helping the French carmaker to leapfrog French rival Renault to become Europe's second-ranked carmaker by sales.

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Anbang denies regulators told it to sell overseas assets

Anbang denies regulators told it to sell overseas assets

Published 01/08/2017

The headquarters building of Anbang Insurance Group are pictured in Beijing, China, August 25, 2016.

Anbang Insurance Group, whose chairman was detained in June, on Tuesday denied a report that it had been told by regulators in China to sell its overseas assets.

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Charter surges as Japan`s SoftBank considers bid

Charter surges as Japan`s SoftBank considers bid

Published 01/08/2017

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017.

Charter Communications Inc's shares surged to a record high on Monday after a source said Japan's SoftBank Group Corp was considering an acquisition offer, even as Charter shot down the possibility of it being the acquirer in any merger with SoftBank's U.S. wireless carrier, Sprint Corp.

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Scientists develop scorpion `milking machine` for disease research

Published 31/07/2017

Extracting venom from scorpions can be a dangerous, but rewarding, task.

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Volkswagen considers options for transmissions maker Renk: sources

Volkswagen considers options for transmissions maker Renk: sources

Published 17/07/2017

A VW logo is seen in front of the main building of the Volkswagen brand at the Volkswagen headquarters, in Wolfsburg, Germany May 19, 2017.

Volkswagen (VOWG_p.DE) is considering options for majority-owned transmissions maker Renk (ZARG.F), as the German carmaker streamlines operations to help fund an overhaul following its emissions scandal, people close to the matter said.

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French payments group Worldline to buy Digital River World Payments

French payments group Worldline to buy Digital River World Payments

Published 17/07/2017

French payments company Worldline has agreed to buy Swedish peer Digital River World Payments as merger activity in the payments sector picks up following this month's takeover of Worldpay.

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