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Mergers & Acquisitions

Dalian Wanda

China's Dalian Wanda buys control of China online payments firm

China's Dalian Wanda Group Co, whose real estate arm just raised about $3.7 billion in a Hong Kong share sale, said on Friday it has bought a controlling stake in 99Bill Corp, a Chinese third-party payment processor similar to PayPal.

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Apple Logo

RPX buys Apple-backed Rockstar patents for $900 million

Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology.

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Lone Star Funds

HeidelbergCement in talks to sell unit to Lone Star Funds

Germany's HeidelbergCement AG (HEIG.DE) is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter.

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Sysco Corp

Sysco, US Foods must narrow gap with rival to clear merger -analysts

The proposed merger of Sysco Corp (SYY.N) and US Foods Inc [USFOO.UL] hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said.

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Kellogg Company.

Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr

Kellogg Co K.N., the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr (BISM.CA) on Wednesday, topping a rival offer from the UAE's Abraaj in an intensifying $144 million takeover battle.

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SMBC

SMBC to buy Citi Japan retail business in October

Sumitomo Mitsui Banking Corp (SMBC) will buy Citigroup Inc's (C.N) Japanese retail banking operations in October for about 40 billion yen ($330 million), people with knowledge of the matter said on Wednesday.

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Manulife Financial

Manulife U.S. unit to buy New York Life's retirement business

Largest Canadian insurer Manulife Financial Corp's (MFC.TO) U.S. unit will buy New York Life Insurance Co's retirement services business for an undisclosed amount.

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Procter & Gamble

P&G to sell soap brands Camay and Zest to Unilever

Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.

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Australian Securities Exchange

Australian cinema chain Hoyts sold to Chinese investor Sun Xishuang

Australia's Hoyts Group said on Tuesday it has been sold by its private equity owner Pacific Equity Partners (PEP) to an investment vehicle set up by Chinese entrepreneur Sun Xishuang.

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Time Warner Cable Inc

U.S. FCC pauses Comcast-Time Warner merger review until January 12

U.S. Federal Communications Commission on Monday once again paused its review of the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, citing delays in getting documents from Time Warner Cable.

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Mergers

Fear factor fades as global M&A hits seven-year high

Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.

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Ferrovial

Spain's Ferrovial to raise offer for Australia's Transfield

Spanish infrastructure group Ferrovial plans to raise its full takeover offer for Australia's Transfield Services Ltd, daily financial newspaper Expansion reported on Saturday, citing unnamed sources.

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CPPIB Shows Interest in Urenco Bid

Urenco owners test market for possible sale

The owners of Urenco are testing the market to gauge investor interest in the uranium enrichment company, said Uwe Beckmeyer, parliamentary state secretary in the German economy and energy ministry.

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AstraZeneca

AstraZeneca CEO says new Pfizer bid unlikely

U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

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Alstom

Alstom shareholders back 12.35 billion euro sale of power arm to GE

Alstom (ALSO.PA) shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric (GE.N) and refocus on its smaller rail arm.

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