Mergers / Acquisitions / Takeovers

Qualcomm says NXP deal is dead, even as China seen open to okaying it

Qualcomm says NXP deal is dead, even as China seen open to okaying it

Published 03/12/2018

(Reuters) - U.S. chipmaker Qualcomm Inc (QCOM.O) rejected a suggestion by the White House that its collapsed $44 billion acquisition of Dutch peer NXP Semiconductors [more…]

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

Published 03/12/2018

LONDON (Reuters) - GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new [more…]

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Published 14/11/2018

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co [more…]

Walmart’s LatAm delivery app Cornershop eyeing Canada and U.S

Walmart’s LatAm delivery app Cornershop eyeing Canada and U.S

Published 14/11/2018

MEXICO CITY (Reuters) - Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a [more…]

French pharma group Ipsen closes in on its next drug deals

French pharma group Ipsen closes in on its next drug deals

Published 14/11/2018

LONDON (Reuters) - French drugmaker Ipsen plans to bring in multiple new medicines through a series of transactions and sees the recent price drop of [more…]

Amazon India says comic embroiled in #Metoo no longer involved in…

Amazon India says comic embroiled in #Metoo no longer involved in…

Published 14/11/2018

MUMBAI (Reuters) - An Indian comic embroiled in allegations of sexual misconduct will no longer be the showrunner for an original series on Amazon.com Inc’s [more…]

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Published 04/11/2018

NEW YORK (Reuters) - Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance [more…]

TIG buys stake in Canadian credit manager

TIG buys stake in Canadian credit manager

Published 31/10/2018

BOSTON (Reuters) - TIG Advisors on Wednesday said it has bought a piece of Canadian mortgage investor Romspen Investment Corporation, marking the first time it [more…]

Britain’s Schroders gains on potential Lloyds wealth deal

Britain’s Schroders gains on potential Lloyds wealth deal

Published 08/10/2018

(Reuters) - A wealth management tie-up between Schroders and Lloyds would give the asset manager access to the distribution network of Britain’s biggest bank, which [more…]

Schroders Plc and Lloyds Banking Group in talks over wealth…

Schroders Plc and Lloyds Banking Group in talks over wealth…

Published 07/10/2018

(Reuters) - Asset manager Schroders Plc (SDR.L) and Lloyds Banking Group (LLOY.L) said on Sunday they were in discussions over a wealth management alliance. The [more…]