Bayer launches $7 billion cash call to fund Monsanto deal
BERLIN (Reuters) – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the financing package for its planned $62.5 billion takeover of seeds…
Fox sets Disney deal vote for July 10
(Reuters) – Twenty-First Century Fox Inc (FOXA.O) will hold a special meeting on July 10th for its stockholders to vote on a proposed merger with Walt Disney Co (DIS.N), the…
T-Mobile says ex-Trump campaign manager advising on Sprint merger
WASHINGTON (Reuters) – T-Mobile US (TMUS.O) said it is getting advice on its proposed $26 billion merger with Sprint Corp (S.N) from a lobbying firm whose staff includes several members…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox (FOXA.O), setting up a bidding…
U.S. Senate panel to hold hearing on Sprint T-Mobile merger
WASHINGTON (Reuters) – A U.S. Senate Committee plans to hold a hearing on June 27 on the proposed $26.5 billion merger of T-Mobile US (TMUS.O) and Sprint Corp (S.N). FILE…
GE merges transportation unit with Wabtec in $11.1 billion deal
(Reuters) – General Electric Co (GE.N) confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp (WAB.N), a U.S. manufacturer of…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation after an initial review found that the $30 billion offer…
LaSalle Hotel accepts Blackstone’s $3.7 billion cash offer
(Reuters) – LaSalle Hotel Properties (LHO.N) decided to sell itself to private equity firm Blackstone Group LP (BX.N) for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook…
Australia’s Santos gets final sweetened $10.8 billion bid from Harbour Energy
(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking its bid for a fifth time in nine months after…
Exclusive: GE nears deal to merge transportation unit with Wabtec – sources
(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. maker of equipment for the…