Deals

Brazil presents another hurdle in Monsanto's bid for Syngenta

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SAO PAULO - Seed giant Monsanto Co.'s unwanted takeover bid with Switzerland's Syngenta AG would face strong resistance in Brazil should it go forward, farmers and lawyers said, a hurdle that could delay or force major concessions to the $45 billion deal.

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EU regulators to decide on NXP, Freescale deal by September 4 03 Aug 2015

BRUSSELS - European Union competition authorities will decide by Sept. 4 whether to allow Dutch chipmaker NXP to acquire U.S. rival Freescale in a $11.8 billion deal.

Doors and windows maker Jeld-Wen working on potential IPO: WSJ 03 Aug 2015

- Jeld-Wen Holding Inc, a maker of doors and windows, is working on a potential initial public offering that would value the business at as much as $4 billion, the Wall Street Journal reported.

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Blackstone, Fortress among bidders for Japan's Simplex: sources 03 Aug 2015

TOKYO - U.S. investment funds Blackstone Group , Fortress Investment Group and Elliot Management are among those shortlisted for the second round of bidding to buy Japan's Simplex Investment Advisors in a deal that could top $1 billion, three people with knowledge of the transaction said.

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Exclusive: BASF lines up financing for potential Syngenta takeover - sources 03 Aug 2015

FRANKFURT - German chemicals group BASF has lined up a loan package from large multinational banks for a potential takeover offer for Syngenta, the Swiss crop chemicals maker, but will bide its time, several people familiar with the matter said.

Petco hires Goldman Sachs for sale or IPO: sources 03 Aug 2015

NEW YORK - Petco Animal Supplies Inc has hired Goldman Sachs Group Inc to lead a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion, including debt, according to people familiar with the matter.

Italy's Exor wins battle to buy PartnerRe for $6.9 billion 03 Aug 2015

MILAN - Investment group Exor , which controls carmaker Fiat Chrysler , said on Monday it had signed a deal to buy PartnerRe for $6.9 billion, trumping a rival bid from Axis Capital and ending a prolonged battle for the reinsurer.

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Shire buys U.S. company to access experimental pink eye treatment 03 Aug 2015

- Pharmaceutical company Shire Plc said it had bought New York-based Foresight Biotherapeutics Inc for $300 million in cash, gaining access to a late-stage therapy being developed for the treatment of pink eye.

Allianz consortium buys German motorway service stations group 03 Aug 2015

FRANKFURT - A consortium led by insurer Allianz will buy German motorway service station group Tank&Rast for an undisclosed sum, the insurer said on Monday.

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Bradesco to acquire HSBC Brazil unit, biggest-ever buy 03 Aug 2015

SAO PAULO - Banco Bradesco SA agreed to buy HSBC Holdings Plc's Brazilian unit for a surprisingly high 17.6 billion reais ($5.2 billion), narrowing the gap with larger rivals while boosting its base of affluent customers in Latin America's largest economy.

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