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Acquisition News

Microsoft in talks to buy Mojang for $2 billion

Reports have emerged that Microsoft may be deep in talks with game studio Mojang over a possible acquisition deal valued at $2 billion.

New Red Lobster owners plan upscale changes

New York City - The North American seafood chain that urges customers to "Sea Food Differently" is hoping they'll be willing to think a little differently about its restaurants, too.

Apple poised to buy designer audio company Beats

Apple is purportedly considering buying the highly-popular fashionable audio company Beats for around $3.2 billion (£1.9 billion) which would make the deal the most costly acquisition Apple has ever made.

Diageo doubles bid for India's United Spirits, shares surge

London - Diageo launched on Tuesday a new $1.9-billion offer to take control of Indian whisky maker United Spirits as the British drinks giant chases expansion in emerging markets.The doubled offer worth 1.

IBM buys Internet marketing firm Silverpop

San Francisco - IBM on Thursday announced that it is buying Internet marketing firm Silverpop to enhance its portfolio of services for businesses out to target potential customers.

Twitter buys Android lock-screen startup Cover

San Francisco - A young startup specializing in Android smartphone lock screens that anticipate what "app" a user might want at any give moment said Monday it has been bought by Twitter.

Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln

New Delhi - Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.

Alibaba founder Jack Ma buys into Chinese software firm

- Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, is to pay $531 million for a stake in a domestic software developer for the financial industry, a statement said.

Carlsberg enters Czech Republic with Zatec acquisition

Copenhagen - Danish brewer Carlsberg said on Thursday it had acquired Czech producer Zatec, a transaction which will allow it to set foot in the world's first beer market per capita.

Intel buys fitness-tracking band maker Basis

San Francisco - Intel announced it has bought fitness-tracking band maker Basis Science as part of a move into the hot wearable computing market.The California-based chip maker on Tuesday did not disclose how much it paid for Basis, which makes a strap-on wrist band t...

Nokia says handset sale to Microsoft delayed to April

Helsinki - Finnish telecom company Nokia on Monday said the sale of its handset business to US technology giant Microsoft would be delayed by a few weeks until April 2014.Nokia said that it continued to make progress with Microsoft in the closing conditions and t...

Vermilion to acquire Saskatchewan oil lands for C$400 million

Vermilion Energy Inc <VET.TO>, a Canadian oil and gas producer, said on Tuesday it has agreed to acquire an unnamed private oil company for shares, cash and debt worth C$400 million ($360.8 million) to add new product...

Lockheed buys German commercial airport services firm

Lockheed Martin Corp <LMT.N>, the No. 1 U.S. arms maker, on Tuesday said it had acquired BEONTRA AG, a small German company that provides forecasting services for big commercial airports around the world, including Dubai, London and Frankfurt.

German building firm Hochtief ups bid for bigger Leighton stake

Frankfurt - German construction group Hochtief said on Thursday it will increase the price it is offering to raise its stake in Australia's biggest building company Leighton.The increased bid represented a total purchase price of 1.205 billion Australian dollars o...

Campari to buy Canadian whisky company for $170 million

Drinks group Campari <CPRI.MI> has agreed to buy Canada's Forty Creek Distillery (FCD) for 185.6 million Canadian dollars ($170 million), the Italian company said on Wednesday.

Hochtief builds up stake in Leighton of Australia

Frankfurt - German construction group Hochtief said Monday it plans to tighten its grip on Australia's biggest building company by raising its stake to 74 percent.

Unilever buys majority share in China water business

The Hague - Dutch food and cosmetics giant Unilever said on Sunday it has bought a majority stake in Chinese water purification company Qinyuan in its biggest investment in the country in a decade."We are delighted to be making this strategic investment –- a maj...

Yahoo buying binge continues with Vizify takeover

San Francisco - Yahoo on Wednesday added Vizify to the long list of startups it has bought since former Google executive Marissa Mayer took the helm less than two years ago.The company did not disclose how much it paid for Vizify, which specializes in letting people t...

Facebook out to buy solar drone maker: report

San Francisco - Facebook is in talks to buy a solar-powered drone startup in what could lead to making wireless Internet available in regions without online access, according to technology news website TechCrunch.TechCrunch cited an unidentified source as disclosing t...

Bayer says will buy Chinese over-the-counter drugs maker

Frankfurt - German pharmaceuticals giant Bayer, maker of Aspirin, said on Thursday it had signed an agreement to buy the privately-owned Chinese group Dihon Pharmaceutical for an undisclosed sum.Dihon specialises in prescription-free or over-the-counter (OTC) drug...

Bayer succeeds in buying Norway's Algeta

Frankfurt - German pharmaceuticals giant Bayer said Wednesday its 1.9-billion-euro ($2.6-billion) bid for Norwegian cancer treatment specialist Algeta has been successful and it now holds more than 97 percent in the firm."The way is now clear for the Bayer group t...

Greenberg's Starr leads $4.4 billion MultiPlan acquisition

Former AIG <AIG.N> boss Maurice "Hank" Greenberg's Starr Investment Holdings LLC said on Monday it had agreed to take over health insurance claims processor MultiPlan Inc in what is by far its biggest ...

Viber CEO denies reports in talks to sell company

Viber Media denied a media report on Tuesday that the popular instant messaging application is in talks to be acquired by an Asian company.

Deutsche Telekom buys last 39% in Czech unit

Frankfurt - German telecoms giant Deutsche Telekom said on Monday it will acquire the 39 percent it does not already own in its Czech subsidiary for 800 million euros ($1.1 billion)."Deutsche Telekom is acquiring the remaining 39.

Liberty Global expands in Europe with 10 bn euro Ziggo deal

The Hague - US cable giant Liberty Global is to buy Dutch operator Ziggo in a deal valuing the company at 10 billion euros ($13.7 billion), as it marches further into strategic European markets.The stock and cash offer implies a price of 34.

Google buys artificial intelligence firm DeepMind

London - Google said on Monday that it had agreed to buy British artificial intelligence start-up company DeepMind for an undisclosed amount.

Swedish steelmaker SSAB to buy Rautaruukki for 1.1 bn euros

Stockholm - Swedish steelmaker SSAB said on Wednesday it will acquire Finnish competitor Rautaruukki, hoping to reduce costs and boost competitiveness in the sluggish steel market.The announcement caused the price of shares in the two groups to leap.

AB InBev to buy back S Korean brewery for $5.8 bn

Brussels - The world's biggest brewer AB InBev said on Monday it will acquire South Korea's Oriental Brewery from investment funds KKR and Affinity Equity Partners for $5.8 billion (4.3 billion euros).

L'Oreal gets greenlight to buy Chinese skincare company

Paris - French cosmetics giant L'Oreal said it had received the official greenlight for its $843 million bid to acquire the Hong Kong-listed facial care company Magic Holdings International.The bid of HK$6.30 per share is worth a total of HK$6.

Advance Auto Parts pays $2 billion to acquire Carquest chain

Advance Auto Parts isn't content at being one of the biggest auto parts suppliers in the country. The company wants to have the title on the top spot through a multi-billion acquisition.
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