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Hong Kong Stock Exchange drops bid for London rival

Fpo - The Hong Kong Stock Exchange on Tuesday dropped its multibillion-dollar bid for the prized London Stock Exchange Group, which would have created a global markets titan.

Energias de Portugal shareholders block takeover bid by China Three Gorges

Lisbon - Shareholders in Portugal's biggest company, Energias de Portugal, on Wednesday blocked a nine-billion-euro ($10-billion) takeover bid by the state-owned China Three Gorges (CTG) Corporation.

Takeda shareholders agree to $60 bn Shire acquisition

Apo - Shareholders at Japanese drug giant Takeda on Wednesday approved a plan to buy Irish pharmaceuticals firm Shire in a deal worth around $60 billion, the biggest foreign takeover ever by a Japanese firm.

Michael Kors bags Versace for $2.1 bn

London - Global fashion house Michael Kors said Tuesday it had agreed to buy Italian luxury giant Versace, adding a new layer to its offering after buying shoemaker Jimmy Choo last year.

Japan's Takeda to buy Shire in record $62.5 bn deal

Apo - Drug giant Takeda on Tuesday said it would buy Irish pharmaceuticals firm Shire in a deal worth $62.5 billion, the biggest foreign takeover ever by a Japanese firm.

Japan's Takeda announces £46 bn firm offer for Shire

Apo - Japanese drug giant Takeda on Tuesday announced a firm acquisition offer worth £46 billion ($62.5 billion) for Irish pharma firm Shire, after a series of unofficial bids were turned down.

Comcast seeks to outfox Murdoch with higher bid for Sky

London - US cable giant Comcast joined in the battle for pan-European satellite TV group Sky on Tuesday, outbidding Rupert Murdoch's 21st Century Fox, whose takeover ambitions have hit UK government resistance.

Austria's Niki in trouble as Lufthansa drops bid

Berlin - Austrian airline Niki said Wednesday that it would stop flying from Thursday after German giant Lufthansa gave up plans to buy it from bankrupt Air Berlin in the face of EU competition concerns.

Imposing direct rule on Catalonia, a headache for Madrid

Madrid - The Spanish government got the go-ahead Friday to impose direct rule on Catalonia to stop its independence drive after the regional parliament voted to split from Spain.

Monsanto turns down Bayer's proposal, still open to negotiations

Monsanto has rejected a $62 billion takeover proposal from German pharmaceutical giant Bayer, calling the bid "incomplete and financially inadequate." However, negotiations still appear to be open.

Google buys solar-powered drone maker Titan Aerospace

New York - Google Monday announced that it is acquiring Titan Aerospace, a maker of solar-powered drones that could be used to boost Internet access to remote areas.

US financial services giant unveils $6.25 bn takeover

New York - US financial services provider TIAA-CREF, a leader in pensions, said Monday it has agreed to buy investment management company Nuveen Investments for $6.25 billion including debt.

ThyssenKrupp says in talks with Saab over shipyards deal

Frankfurt - German heavy industry giant ThyssenKrupp said on Monday it is in talks with Saab of Sweden over the sale of its Swedish shipywards business.

Chinese group acquires Britain's House of Fraser

London - Chinese conglomerate Sanpower has agreed to buy a majority stake in British department store House of Fraser in a deal worth £480 million (578 million euros, $800 million), according to a joint statement.

Etihad could make offer for Alitalia on Monday: Reports

Rome - Abu Dhabi-based Etihad Airways could outline an offer to buy into troubled Italian carrier Alitalia on Monday, Italian media reported on Friday.

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.

'Etihad boss meets Italian PM with Alitalia deal close'

Rome - Etihad Airways boss James Hogan met with Italy's Prime Minister Matteo Renzi on Thursday, as his company nears a deal to purchase a stake in debt-laden Alitalia airline, Italian media reported.

British firm bids for Spanish olive oil titan

Madrid - British venture capital group CVC Capital has lodged the highest takeover bid for Spanish bottled olive oil giant Deoleo, the Spanish firm said Wednesday.CVC Capital had offered 0.

Mallinckrodt to buy Questcor Pharma for $5.6 bn

New York - Ireland-based Mallinckrodt will buy US rival Questcor Pharmaceuticals in a roughly $5.6 billion cash-and-stock deal expected to expand the firm's drive in the specialty drugs field, the companies announced Monday.

Alfa Laval banks on oil, gas with Norwegian acquisition

Stockholm - Swedish industrial firm Alfa Laval announced on Monday the acquisition of a Norwegian underwater pump maker Frank Mohn, citing big opportunities in the offshore oil and gas sector.

British DIY chain Kingfisher eyes French peer Mr Bricolage

London - Kingfisher, Europe's biggest home-improvements retailer, announced on Thursday that it was in exclusive talks to buy Mr Bricolage to build upon its already strong presence in France.

China tycoon 'bids for Britain's House of Fraser'

London - Chinese businessman Yuan Yafei has launched a surprise takeover bid for British department store chain House of Fraser worth £450 million ($748 million, 544 million euros), media reports said on Sunday.

Cellino bid for Leeds United blocked by Football League

London - Italian businessman Massimo Cellino has been barred from taking over fallen giants Leeds United, the English Football League announced Monday.The League said Cellino's recent conviction for a tax offence in an Italian court was a "disqualifying conditi...

Scania snubs Volkswagen takeover bid

Stockholm - Swedish truck manufacturer Scania on Tuesday rejected a multi-billion-euro takeover bid from Europe's biggest carmaker Volkswagen, saying the offer did not reflect the company's true value.Volkswagen last month offered 6.7 billion euros ($9.3 billion) ...

French minister weighs in over telecom bidding war

Paris - France's industrial renewal minister Friday threw a spanner in cable operator Numericable's multi-billion-euro bid for telecoms group SFR, as he challenged the company and its billionaire chairman over their holdings in tax havens.Numericable through i...

AT&T wins clearance to buy Leap Wireless

Washington - US regulators conditionally cleared AT&T's $4 billion deal for Leap Wireless on Thursday which gives the telecom giant more spectrum and the Cricket prepaid phone franchise.The Federal Communications Commission said that it agreed to the takeover a...

Battle for French telecom supremacy heats up

Paris - The battle to make off with Vivendi's SFR unit to create France's top telecoms company heated up Tuesday with a winner in the multi-billion-euro struggle likely to emerge within days.The result could upend the French mobile sector by reducing the numbe...

Men's Wearhouse to buy Jos. A. Bank for $1.8 bn

New York - Men's Wearhouse plans to acquire Jos. A.

Condom maker Reckitt expands into K-Y sexual lubricants

London - Britain's Reckitt Benckiser, the maker of Durex condoms, is expanding into K-Y sexual lubricants, the consumer goods company revealed on Monday.The London-listed firm has agreed to buy global rights to the K-Y brand from McNEIL-PPC, Inc, a subsidiary o...

Bouygues plans French phone giant with 14.5 bn euro bid for SFR

Paris - Bouygues Telecom Thursday made a 14.5 billion euro ($19.9 billion) offer for Vivendi's SFR unit in a deal that could create a new French telecoms powerhouse amid a wave of consolidation in the sector.Bouygues Telecom said its offer, which includes 10.5...
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COMBINE: A Boeing 747 jetliner operated by Virgin Atlantic Airways waits on the tarmac at Manchester...
COMBINE: A Boeing 747 jetliner operated by Virgin Atlantic Airways waits on the tarmac at Manchester Ringway International Airport in Manchester, England, in 2005.
Dale Coleman/Wikimedia Commons
TAKEOVER: The headquarters of the Malheur National Wildlife Refuge in southeast Oregon is shown.
TAKEOVER: The headquarters of the Malheur National Wildlife Refuge in southeast Oregon is shown.
Cacophony/Wikimedia Commons

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