Fri, Jul 3 2015
- Health insurer Aetna Inc on Friday said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry.
SEOUL - The proposed $8 billion merger of two Samsung Group companies came under attack from two directions on Friday, as an activist hedge fund filed a court action against the deal and a shareholder advisory group recommended shareholders oppose it.
Thu, Jul 2 2015
HONG KONG - A heavily discounted purchase of a loss-making solar-panel maker last week has cast a spotlight on the Chinese takeovers of so-called listed shell companies in Hong Kong, which may be used to sidestep the bourse's rigorous listing process.
- H.J. Heinz Co on Thursday completed its purchase of Kraft Foods Group Inc, creating the third largest food and beverage company in North America and fifth largest worldwide.
- U.S. health insurer Centene Corp will buy smaller rival Health Net Inc for $6.3 billion, underscoring the healthcare industry's rush to bulk up to negotiate better prices with suppliers and hospitals, and attract new customers. | Video
- U.S. and European regulatory resistance could force General Electric Co to seek another buyer for its appliances business and different paths to expand its industrial operations in an ongoing strategic overhaul.
- U.S. health insurer Cigna Corp has had its first meetings with competitor Anthem Inc after it rebuffed Anthem's $47 billion merger proposal last month, a person familiar with the matter said on Thursday.
Univision Holdings Inc, the owner of Spanish language TV network Univision Network, filed for an initial public offering of Class A common stock in the United States.
MILAN - U.S. investment bank JP Morgan has a 7 percent stake in Telecom Italia as part of a deal with Spain's Telefonica , according to a filing by Italian market watchdog Consob.
LONDON - A surge in mergers and acquisitions in the healthcare sector has been a windfall for investment bankers, with fees from activity in the sector up 59 percent in the first half of 2015, according to Thomson Reuters data.
Another week, another candidate. This time it’s New Jersey governor Chris Christie, Republican Candidate #16.