Hershey Co said on Thursday it had rejected a $23 billion preliminary offer by Mondelez International Inc that would seek to expand the latter's limited U.S. footprint and create the world's largest confectioner.
Lions Gate Entertainment Corp , the film studio behind the Hunger Games movies, said Thursday it would buy premium television network Starz for $4.4 billion in cash and stock, in a deal that would unite two media companies with ties to cable mogul John Malone.
JAKARTA/TORONTO An Indonesian investor group consisting of oil and gas tycoon Arifin Panigoro and banker Agus Projosasmito will spend $2.6 billion to buy 82.2 percent of Newmont Nusa Tenggara (NNT), which operates Indonesia's second-biggest copper and gold mine.
Dick's Sporting Goods Inc , the largest U.S. sporting goods retailer, is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million, according to people familiar with the matter.
HONG KONG Credit Suisse is planning to boost its stake in its Chinese securities joint venture to the maximum permissible 49 percent, which would make it the first foreign bank to take advantage of relaxed Chinese investment rules introduced four years ago, three people with direct knowledge of the matter said.
LONDON Rupert Murdoch's News Corp has agreed to buy the owner of Britain's talkSPORT in a $292 million deal that unites The Sun newspaper's sports coverage with the commercial radio network that broadcasts Premier League and FA Cup soccer.
Theater chain Carmike Cinemas Inc dropped Thursday's shareholder vote on its proposed sale to AMC Entertainment Holdings Inc , saying it was adjourning until next month and throwing the $1.1 billion deal into doubt.
Hertz Global Holdings Inc said it has reached deals with the two largest U.S. ride-hailing companies, Uber Technologies Inc [UBER.UL] and Lyft Inc, to rent cars to their drivers.
LONDON The boss of Rupert Murdoch's News Corp said the timing of the U.S. group's offer for talkSPORT-owner Wireless after the post-Brexit drop in the pound was "auspicious", although the companies had been in talks for some time.
BRUSSELS - U.S. generic drugmaker Mylan NV has offered concessions in a bid to allay concerns by EU competition regulators over its proposed $7.2-billion acquisition of Swedish rival Meda , the European Commission said on Thursday.