Brazil court blocks proposed Embraer-Boeing tie-up
The logo of Brazilian aviation company Embraer is seen during the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018.…
Exclusive: Elliott steps in to boost Arconic’s sale process – sources
(Reuters) – Elliott Management Corp, the activist hedge fund that sits on Arconic Inc’s (ARNC.N) board, has stepped in to assume potential liabilities weighing on the sale process for the…
Microsoft made $1.3 billion in cash payments in GitHub deal
A Microsoft sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 5, 2018. REUTERS/Aly Song (Reuters) – Microsoft…
J&J makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z
TOKYO (Reuters) – U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) said on Tuesday it is acquiring all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd (4924.T) that it…
Fiat Chrysler agrees to sell Magneti Marelli to Calsonic Kansei: sources
MILAN/LONDON (Reuters) – Fiat Chrysler (FCHA.MI) (FCA) has agreed to sell its Magneti Marelli unit to KKR’s (KKR.N) Calsonic Kansei, two sources familiar with the matter said on Sunday, adding…
Daimler, BMW offer concessions to ease EU concerns on car-sharing deal
BRUSSELS (Reuters) – German luxury carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission…
UK seeks additional reassurances from Comcast on independence of Sky News
LONDON (Reuters) – Britain has sought additional reassurances from cable company Comcast (CMCSA.O) over the editorial independence of the Sky News television channel following the U.S. group’s takeover of broadcaster…
Canada’s Barrick Gold to buy Randgold Resources in $18.3 billion deal
LONDON (Reuters) – Randgold Resources Ltd (RRS.L) said on Monday it agreed to the terms of a recommended share-for-share merger with Canada’s Barrick Gold Corp (ABX.TO) in a deal worth…
Comcast outbids Fox with $40 billion offer for Sky in auction
LONDON (Reuters) – Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic…
Activist Elliott argues Sky is worth over $34 billion, UK regulator says
LONDON (Reuters) – Activist hedge fund Elliott believes Walt Disney’s (DIS.N) deal to buy assets from Twenty-First Century Fox (FOXA.O) has valued Sky (SKYB.L) at more than $34 billion, higher…