Deals - Americas Headlines

Whiting to buy Kodiak for $3.8 billion, create No. 1 Bakken producer

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- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil & Gas Corp for $3.8 billion in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc .

6:25pm EDT

AECOM to pay $4 billion for engineering firm URS Corp

- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.

3:14pm EDT

American Airlines picks CFM for $2.6 billion engine deal

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FARNBOROUGH England - CFM International, a joint venture between General Electric Aviation and Safran of France, said on Sunday that it had been picked by American Airlines Group to provide engines for 100 Airbus A320neo jets the airline has on order.

Barrick to partner with Ma'aden on Saudi Arabian copper asset

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TORONTO - Barrick Gold said on Sunday it is forming a joint venture with Saudi Arabian Mining Co (Ma'aden) to run its Jabal Sayid copper asset in the kingdom, a move that could see the long-delayed mine finally begin production in late 2015.

2:52am EDT

Sat, Jul 12 2014

Swiss chocolate maker Lindt near deal to buy Russell Stover: report

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WASHINGTON - Swiss-based chocolate maker Lindt & Spruengli is in advanced discussions to acquire family-owned U.S. candy business Russell Stover, and the two companies could announce an agreement as early as next week, the Financial Times reported on Saturday.

12 Jul 2014

Swiss chocolate maker Lindt near deal to buy Russell Stover: report

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WASHINGTON - Swiss-based chocolate maker Lindt & Spruengli is in advanced discussions to acquire family-owned U.S. candy business Russell Stover, and the two companies could announce an agreement as early as next week, the Financial Times reported on Saturday.

12 Jul 2014

Shire seeks AbbVie bid of close to 53 pounds per share: sources

NEW YORK - Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie Inc that would value the company at about 31 billion pounds ($53 billion), according to people familiar with the matter.

12 Jul 2014

Putin signs nuclear energy deal with Argentina

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BUENOS AIRES - Russian President Vladimir Putin signed a nuclear energy cooperation deal with Argentina on Saturday on a trip to bolster trade ties and strengthen Russia's influence in Latin America.

UK to demand job assurances in foreign takeovers: Sky News

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LONDON - Britain is to set out proposals to force foreign buyers of key UK companies to make binding commitments to secure jobs and research budgets, Sky News reported on Saturday.

12 Jul 2014

Acquisition talks show Reynolds' taste for menthol

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NEW YORK - The enduring popularity of menthol may be a big motivator behind Reynolds American Inc's interest in buying smaller rival Lorillard Inc , which has the best-selling U.S. cigarette brand with the additive.

12 Jul 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.