Fri, Nov 27 2015
LONDON/NEW YORK/FRANKFURT Investment bank Lazard is working with Sanofi's management to prepare a sale or listing of its Merial animal health unit, aiming to land the leading advisory job for the deal, which could value the business at up 12 billion euros ($12.7 billion), sources familiar with the matter said.
UBM Plc is in the final stages of discussions to divest PR Newswire Association LLC, with Cision and Vista Equity Partners Management LLC competing to acquire the press release distributor, people familiar with the matter said on Friday.
BRUSSELS - U.S. oil services provider Halliburton Co has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes , four months after regulators rejected an earlier application because of insufficient data.
FRANKFURT French private bank Oddo & Cie [ODDOP.UL] challenged Chinese investor Fosun on Friday by launching a counter-bid to buy BHF Kleinwort Benson that valued the Anglo-German lender at 760 million euros ($805 million).
MILAN Telecom Italia said on Friday it had formally launched a process to sell about 45 percent of its tower company Inwit but said so far no offers had been tabled.
PARIS U.S. buyout fund KKR and the directors of French call center operator Webhelp have agreed to buy the company from its owner Charterhouse [CHCAP.UL], Webhelp's directors said on Friday.
Thu, Nov 26 2015
LONDON/NEW YORK Alan Schwartz knows how to play a long game. The executive chairman of boutique investment bank Guggenheim Partners spent almost 20 years cultivating Pfizer boss Ian Read as a client. His strategy paid off handsomely when Guggenheim was named lead adviser for one of the biggest deals in history - Viagra-maker Pfizer's $160 billion acquisition of Botox-maker Allergan .
German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources.
LONDON Britain's Imperial Tobacco has been the object of intensifying takeover speculation, but hopes of a deal for the maker of Gauloises and Davidoff cigarettes could be snuffed out by the huge complications facing any bidder.
COPENHAGEN Danish high-end stereo and TV maker Bang & Olufsen said it had received approaches regarding a potential takeover offer, sending its shares soaring by more than 30 percent.
Forget the discount TV. White House hopefuls want you to shop their Black Friday stores instead.