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AT&T says Time Warner purchase could avoid FCC scrutiny
January 7, 2017 by creative · Leave a Comment
AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station,
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AT&T says Time Warner purchase could avoid FCC scrutiny
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Foxconn joint venture to build $8.8 billion LCD plant in China
December 30, 2016 by admin · Leave a Comment
A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specializing
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Foxconn joint venture to build $8.8 billion LCD plant in China
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FTC seeks more info on Bass Pro-Cabela’s deal
December 30, 2016 by creative · Leave a Comment
(Reuters) – U.S. fishing and hunting equipment retailer Cabela's Inc , which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies about the deal. Cabela's shares were down 7.6 percent at $56.98
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FTC seeks more info on Bass Pro-Cabela’s deal
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Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge
December 29, 2016 by elegant · Leave a Comment
By Richard Cowan PALM BEACH, Fla. (Reuters) – U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. SoftBank holds stakes in both companies and its chief, billionaire…
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Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge
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Actelion shares gain on report of progress in Sanofi talks
December 21, 2016 by publisher · Leave a Comment
Swiss biotech group Actelion's shares rose by more than 3 percent on Wednesday following a report that talks with Sanofi are making progress, increasing optimism that the two will strike a deal. Analysts at Basler Kantonalbank and Thurguaer Kantonalbank
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Actelion shares gain on report of progress in Sanofi talks
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Rolls-Royce denies UK media report over past Iran sales
December 21, 2016 by publisher · Leave a Comment
British engineering company Rolls-Royce denied a report in The Guardian newspaper on Wednesday that it had in the past sold equipment to Iran by exploiting a series of loopholes in U.S. sanctions. “Rolls-Royce refutes any accusation that it has traded 'in secret' in Iran or that it circumvented U.S. sanctions,” said a Rolls-Royce spokesman in an emailed statement. “We conduct
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Rolls-Royce denies UK media report over past Iran sales
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Coke moves away from AB InBev with Africa bottling deal
December 21, 2016 by creative · Leave a Comment
By Philip Blenkinsop and Martinne Geller BRUSSELS/LONDON (Reuters) – Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller following SAB's…
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Coke moves away from AB InBev with Africa bottling deal
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DuPont CEO Breen says Trump win unlikely to impact Dow deal
December 9, 2016 by admin · Leave a Comment
Executives and dealmakers are looking for signs of whether the incoming Trump administration will take a traditional Republican approach to major mergers and treat them with a lighter touch. Breen said he does not expect Trump's rhetoric would make the president-elect's administration
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DuPont CEO Breen says Trump win unlikely to impact Dow deal
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Bayer’s Monsanto acquisition to face politically charged scrutiny
September 14, 2016 by admin · Leave a Comment
WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over…
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Bayer’s Monsanto acquisition to face politically charged scrutiny
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Bayer’s Monsanto acquisition to face politically charged scrutiny
September 14, 2016 by publisher · Leave a Comment
WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of food production. Bayer’s pesticide-focused agricultural business has few overlaps with Monsanto's dominant seed franchise, according to the companies' executives. Monsanto and Bayer “have chosen to do a deal …
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Bayer’s Monsanto acquisition to face politically charged scrutiny