Swedish luxury carmaker Koenigsegg said Tuesday it was giving up its bid to acquire Saab Automobile from its US parent company General Motors, ...
PHILADELPHIA (Reuters) - Kraft Foods Inc <KFT.N> may raise its offer for British chocolatier Cadbury Plc <CBRY.L> or offer more cash in its ...
Citigroup appoints Bodurtha to head North America investments group at Citi Private Bank unit Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America. Bodurtha ...
US chocolate maker Hershey and Italian peer Ferrero said Wednesday they are considering a bid for British confectioner Cadbury, in a move which would whip up a takeover war with Kraft Foods. The news could remould the chocolate sector with a takeover ...
PARIS (Reuters) - Private equity firms will need to become more like asset managers, offering buyouts as just part of their portfolio, or else focus tightly on specific sectors in order to prosper, industry participants said. The industry -- once booming, but ...
Italian chocolate maker Ferrero said on Wednesday that it was mulling options on a possible counter-bid for British confectioner Cadbury, whose board rejected a hostile takeover offer by Kraft Foods. "Ferrero notes the recent press speculation regarding a potential offer for Cadbury. ...
Xerox gets antitrust clearance for proposed merger of Affiliated Computer Services Xerox Corp. is a step closer to acquiring Dallas-based Affiliated Computer Services Inc., now that the U.S. antitrust review period for the deal has expired. Xerox announced Sept. 28 that it ...
Quest Diagnostics prices tender offer to buy back mix of senior notes Medical lab operator Quest Diagnostics Inc. said Tuesday it priced its tender offer to buy back a mix of senior notes. The company will pay $1,037.19 for each $1,000 principal ...
Thomson Reuters to buy tax software maker Sabrix for undisclosed amount Thomson Reuters Corp. said Monday it has agreed to buy Sabrix Inc., a company that makes tax software. The deal adds to a string of recent acquisitions and marks another step ...
Devon Energy to divest Gulf of Mexico, other worldwide assets, expects proceeds up to $7.5B Independent oil and gas producer Devon Energy Corp. said Monday it will divest its Gulf of Mexico and international assets. Devon expects the divestitures will create after-tax ...
British Airways and Iberia talk up benefits of merger amid opposition British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag ...
British Airways CEO: Merger with Spain's Iberia won't boost fares, shares rise for both British Airways PLC began a charm offensive about its proposed merger with Spain's Iberia SA Friday, dismissing suggestions the deal would increase fares or reduce standards at Britain's ...
