Russia gives tentative nod to Schlumberger’s acquisition of EDC stake
MOSCOW (Reuters) – Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up…
T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China
(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $26 billion…
Sainsbury’s, Walmart’s Asda to create UK supermarket powerhouse
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, a combination which would…
Jilted Akorn sues Fresenius over deal termination
FRANKFURT (Reuters) – U.S. generic drugmaker Akorn is taking former suitor Fresenius to court after the German healthcare group canceled…
AT&T subsidiary DirecTV asks to be dropped from antitrust case
WASHINGTON (Reuters) – DirecTV, the biggest U.S. pay TV company and a subsidiary of AT&T, asked a federal court on…
Carl Icahn buys stake in software provider VMware: CNBC
(Reuters) – Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc (VMW.N), CNBC reported on…
China slows review of chip company mergers amid trade tensions: WSJ
(Reuters) – Two multi-billion dollar takeovers of semiconductor makers are being stalled by Chinese regulatory reviews amid rising U.S.-China trade…
Biotech M&A rolls on as Alex ion snaps up Wilson for $855 mln
(Reuters) – Alex ion Pharmaceuticals has agreed to buy Sweden’s Wilson Therapeutics for 7.1 billion Swedish crowns ($855 million), boosting…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…
Netflix offering more than $300 million for billboard company: sources
(Reuters) – Netflix Inc (NFLX.O) is offering more than $300 million to buy a company that owns billboards across Los…
Come for your drugs, leave with more shopping: Walmart’s new growth strategy?
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light…
Russian tycoon Magomedov arrested on embezzlement charges
MOSCOW (Reuters) – Russian authorities on Saturday arrested billionaire Ziyavudin Magomedov on charges of embezzling more than $35 million, in…
Come for your drugs, leave with more shopping: Walmart’s new growth strategy?
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light…
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a…
Britain shrugs off Brexit to enjoy boom in dealmaking
LONDON (Reuters) – British companies have been swept up in a global boom in dealmaking that has seen the amount…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
U.S. gunmaker Remington files for bankruptcy
(Reuters) – Remington Outdoor Co Inc , one of the largest U.S. makers of firearms, filed for bankruptcy protection on…
JCDecaux open to bidding for U.S. peers but nothing planned: CEO
PARIS (Reuters) – French outdoor advertising company JCDecaux (JCDX.PA) could consider bidding to take over U.S. competitors Clear Channel (CCO.N)…
U.S. carmaker Ford, India’s Mahindra to develop SUVs, electric vehicle
NEW DELHI (Reuters) – U.S. carmaker Ford Motor Co (F.N) and India’s Mahindra & Mahindra (MAHM.NS) said on Thursday they…
Broadcom promises on security, Qualcomm revamps board
(Reuters) – Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its deal…
Barack Obama in talks to create shows for Netflix: New York Times
(Reuters) – Former U.S. president Barack Obama is in advanced talks with Netflix Inc to produce a series of high-profile…