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Merger News

Germany's GEA sells heat exchangers business

D - German mechanical engineering group GEA said on Wednesday it had agreed to sell its heat exchangers business to private equity group Triton in a deal valued at 1.3 billion euros ($1.8 billion).
In the Media by AFP

Altice, Numericable plan 10-bn bond sale to fund SFR buy

Paris - French telecom operator Numericable and its parent company Altice said Monday they are planning to issue more than 10 billion euros ($13.8 billion) of bonds to fund their acquisition of SFR.
In the Media by AFP

Investors bet Sun Pharma can restore Ranbaxy to health

New Delhi - On the surface, Sun Pharma's $3.2-billion purchase of Indian generics rival Ranbaxy, which is in deep trouble with US regulators over safety lapses, may not look like a great deal.
In the Media by Penelope Macrae (AFP)

Volkswagen says won't raise Scania offer

Frankfurt - Volkswagen, Europe's biggest carmaker, said Friday it will not increase its offer for truck manufacturer Scania after the Swedish group dismissed the bid.
In the Media by AFP

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.
In the Media by AFP

Comcast, lawmakers debate mega-merger benefits

Washington - Comcast and skeptical lawmakers sparred Wednesday over the merits of a proposed mega-merger with Time Warner Cable which would boost the position of the largest US cable and broadband provider.
In the Media by Rob Lever (AFP)

P&G sells most pet-care assets to Mars for $2.9 bn

New York - Procter & Gamble will sell most of its pet care business to Mars for $2.9 billion as the US consumer-products giant streamlines its businesses, the companies announced Wednesday.
In the Media by AFP - 1 comment

Comcast defends mega-merger amid stepped-up criticism

Washington - Comcast opens its campaign to get approval of its mega-merger with rival Time Warner Cable at a congressional hearing Wednesday, amid intense criticism from some activists.
In the Media by Rob Lever (AFP)

Holcim, Lafarge announce merger into global cement giant

Geneva - Swiss cement group Holcim and French rival Lafarge are to merge creating a dominant supplier of cement for concrete to the global construction industry.
In the Media by AFP

Holcim, Lafarge announce merger into global cement giant

Geneva - Switzerland's Holcim and French rival Lafarge announced on Monday that they have agreed to merge, creating the world's biggest cement company.
In the Media by AFP
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