Xerox says ending Fujifilm deal, settles with Icahn, Deason
NEW YORK (Reuters) – Xerox Corp (XRX.N) said on Sunday it was ending its planned deal with Fujifilm Holdings Corp (4901.T) and had reached a settlement with investors Carl Icahn…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest company EDP, offering a premium of just below 5 percent…
Bayer CFO sees lower Monsanto synergies after divestments: Boersen-Zeitung
FRANKFURT (Reuters) – Bayer’s potential synergies from buying U.S. rival Monsanto will be lower than $1.5 billion because of anti-trust divestments, the German company’s Chief Financial Officer told Germany’s Boersen-Zeitung.…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take India’s Flipkart public in as early as four years, detailing…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds ($3 billion). Football –…
Walmart to buy controlling stake in India’s Flipkart for $16 bln
MUMBAI/NEW YORK (Reuters) – Walmart Inc (WMT.N) will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer’s largest-ever deal, in an attempt…
Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal
LONDON (Reuters) – Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and eastern Europe to take the fight to rivals with a…
AstraZeneca sells rights for Seroquel to Luye Pharma for $538 million
LONDON (Reuters) – British pharma company AstraZeneca said it had sold the rights for Seroquel, a treatment for schizophrenia and bipolar disease, to Luye Pharma Group for $538 million, as…
Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal – sources
(Reuters) – U.S. cable operator Comcast Corp is asking investment banks to increase a bridge financing facility by as much as $60 billion so it can make an all-cash offer…
Nestle to pay Starbucks $7.15 billion in global coffee alliance
LONDON/ZURICH (Reuters) – Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world, tying a premium…