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Mergers & Acquisitions

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RPT-France to back Ben Smith as new Air France-KLM CEO - source

PARIS, Aug 16 The French government will support the appointment of Air Canada executive Ben Smith as the chief executive of Air France-KLM, a government source said on Thursday.

PRESS DIGEST- Canada- Aug 16

Aug 16 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Stock Quote, 7:10am EDT

France to back Ben Smith as new Air France-KLM CEO - source

PARIS, Aug 16 The French government will support the appointment of Air Canada executive Ben Smith as the chief executive of Air France-KLM, a government source said on Thursday.

Stock Quote, 7:08am EDT

Deals of the day-Mergers and acquisitions

Aug 16 The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:

Stock Quote 6:00am EDT

Israeli defence contractor Elbit Systems Q2 profit, revenue rise

TEL AVIV, Aug 16 Israeli defence electronics firm Elbit Systems reported on Thursday higher second-quarter net profit and revenue, boosted by an acquisition, its cybersecurity business, and sales of airborne systems.

Stock Quote, Technology 2:34am EDT

UK regulator sticks to 14 pounds/shr floor for Sky from Disney

LONDON, Aug 16 Britain's Takeover Panel said on Thursday it had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share to buy UK pay-television group Sky.

Pfizer bets on biotech flu vaccine in $425 mln BioNTech alliance

FRANKFURT, Aug 16 Pfizer has agreed to pay German biotech firm BioNTech up to $425 million in an alliance to develop more effective influenza jabs, the latest among several major pharma companies to bank on a promising new genetic approach.

PRESS DIGEST- British Business - Aug 16

Aug 16 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

UPDATE 2-Best Buy to acquire health services company GreatCall for $800 mln

Aug 15 Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 million in cash, its largest acquisition ever, as it focuses on selling products and services to an aging U.S. population.

Best Buy to buy health services company GreatCall for $800 mln

Aug 15 Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 mln in cash, adding a clutch of products tailored for aging consumers.

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