Drugstore operator CVS Health Corp (CVS.N) will buy Target Corp's (TGT.N) pharmacies and clinics in a $1.9 billion deal that should help it bargain with drug makers for lower prices, while freeing Target from a costly business where it struggled to make a profit.
Deals
Charterhouse eyes possible $1.1 billion sale of UK medical company Tunstall
British private equity firm Charterhouse [CHCAP.UL] is working with JP Morgan (JPM.N) on options for healthcare company Tunstall, in a deal which could value the company at up to 700 million pounds ($1.1 billion), a source familiar with the matter said on Tuesday.
Lone Star Funds to buy Home Properties for $7.6 billion, including debt
Private equity firm Lone Star Funds said it had agreed to buy real estate investment trust (REIT) Home Properties Inc (HME.N) for about $7.6 billion, including debt.
ETE confirms $48 billion bid for reluctant Williams Co
Energy Transfer Equity LP confirmed it had made a $48 billion unsolicited bid for natural gas pipeline company Williams Companies Inc, hours after Williams rejected the offer as significantly too low.
CVC and Temasek to buy $2 billion generic drugs firm Alvogen
European private equity fund CVC and Singaporean sovereign wealth fund Temasek [TEM.UL] are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said.
Latest News
German retailer Metro AG (MEOG.DE) will not compromise on price for a sale of its department store chain Kaufhof and other factors such as solid financing will also be important in the decision, Finance Chief Mark Frese was quoted as saying.
The chief executive of Henkel & Co KGaA AG (HNKG_p.DE) poured cold water on speculation the consumer goods maker was preparing to buy hair care firm Wella from Procter & Gamble Co (PG.N), saying his company didn't need big acquisitions to grow.
BlackRock Inc (BLK.N), the world's largest asset manager, has agreed to buy a Mexican infrastructure investment fund that financed projects for a contractor at the center of a scandal which embroiled President Enrique Pena Nieto.
The boards of oil company Cairn India and its parent Vedanta Ltd will meet on Sunday, Cairn said, to discuss what could be a potential merger of the company with its parent, the operating unit of London-listed mining and energy group Vedanta Resources Plc.
Shares of Wingstop Inc (WING.O), a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.
The reported T-Mobile US and Dish Network merger talks are not supported by major T-Mobile shareholder Deutsche Telecom.
Campbell Soup Co (CPB.N) said on Tuesday that it would buy salsa maker Garden Fresh Gourmet for $231 million to expand in the fresh and organic packaged foods business.
General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday that Fiat Chrysler Automobiles NV (FCHA.MI) CEO Sergio Marchionne sent an email proposing a potential merger, and that GM's board gave "strong support" to her strategy of going it alone.
In a bid to revive its ailing licensing business, Finnish video game developer Rovio, the maker of hugely popular game "Angry Birds" - the number one paid mobile app of all time - on Monday said that the company will be partnering with Danish toymaker Lego to develop a line of Angry Birds themed construction toys.
