BRUSSELS/ZURICH Syngenta shares fell more than 9 percent on Monday after the European Commission triggered doubts about Chinese state-owned chemical company ChemChina's [CNNCC.UL] $43 billion bid for the Swiss pesticides and seeds group.
ZURICH A Syngenta spokesman clarified his comment earlier on Monday that the company remains confident a takeover by China's ChemChina [CNNCC.UL] will wrap up by the end of this year, saying he was simply repeating Syngenta's previous public comment from July 22.
Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion.
FRANKFURT/BERLIN The German government has withdrawn its approval for a Chinese takeover of chip equipment maker Aixtron , citing security concerns and throwing up an unexpected hurdle for a 670-million-euro ($728 million) deal on the home stretch.
BERLIN The German government decided to withdraw its approval for a Chinese takeover of chip equipment maker Aixtron after new security-related information emerged, Deputy Economy Minister Matthias Machnig was quoted as saying on Monday.
ZURICH Swiss pesticides and seeds group Syngenta remains optimistic that a $43 billion takeover by Chinese state-owned chemical company ChemChina [CNNCC.UL] will wrap up by the end of this year, a Syngenta spokesman said.
SEOUL Samsung Electronics Co Ltd said on Monday a South Korean media report that the firm was in talks to acquire French audio equipment maker Focal for up to 300 billion won ($265.44 million) was not true.
HONG KONG Little-known China Oceanwide Holdings Group Co pledged $3.8 billion in a deal to take control of U.S. insurer Genworth Financial Inc , the latest marker of Chinese firms accelerating a drive overseas while their domestic economy slows and the yuan weakens.
LONDON British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall.
LONDON Talks between the British government and Nissan are ongoing over a future investment from the Japanese carmaker into its plant in Sunderland, northeast England, a spokesman for Prime Minister Theresa May said on Friday.
MANCHESTER, N.H. U.S. Democratic presidential candidate Hillary Clinton slammed her rival Donald Trump on Monday for saying that the week-old effort to re-take the Iraqi city of Mosul from the control of Islamic State was going badly. | Video