LONDON/NEW YORK Alan Schwartz knows how to play a long game. The executive chairman of boutique investment bank Guggenheim Partners spent almost 20 years cultivating Pfizer boss Ian Read as a client. His strategy paid off handsomely when Guggenheim was named lead adviser for one of the biggest deals in history - Viagra-maker Pfizer's $160 billion acquisition of Botox-maker Allergan .
LONDON Britain's Imperial Tobacco has been the object of intensifying takeover speculation, but hopes of a deal for the maker of Gauloises and Davidoff cigarettes could be snuffed out by the huge complications facing any bidder.
German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources.
COPENHAGEN Danish high-end stereo and TV maker Bang & Olufsen said it had received approaches regarding a potential takeover offer, sending its shares soaring by more than 30 percent.
SHANGHAI/HONG KONG Chinese e-commerce titan Alibaba Group Holding Ltd has approached the publisher of Hong Kong's South China Morning Post newspaper to discuss buying its media assets, a source familiar with the matter said on Thursday. | Video
WASHINGTON NXP Semiconductors N.V. has won U.S. antitrust approval to buy Freescale Semiconductor Ltd, a deal worth $11.8 billion, on condition that it sell its radio frequency power business, the Federal Trade Commission said on Wednesday.
TAIPEI/TOKYO China's unabashed interest in foreign chipmakers in an already record year of deals has been quickly read by rivals as a sign that mergers and acquisitions (M&As) will get more competitive and target companies will get more expensive.
BRUSSELS/NEW YORK U.S. drinks can maker Ball Corp is ready to sell 11 European plants to get EU antitrust regulators to approve its 4.43 billion pound ($6.69 billion) acquisition of Britain's Rexam Plc, people familiar with the matter said.
NEW YORK A debt financing of around US$3bn backing CVC Capital Partners and the Canada Pension Plan Investment Board’s US$4.6bn acquisition of Petco Animal Supplies is joining a US$14bn pipeline of US leveraged buyout loans that are waiting to be sold after a US$5.5bn deal for data storage provider Veritas was pulled last week.
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- Healthcare: Exclusive: Shire prepares to make new bid for Baxalta - source
- Consumer: South Africa's competition watchdog approves Diageo, Brandhouse merger
- Energy: Canadian Oil Sands in early-stage talks with potential bidders
- Industrials: Acquisitions planned for Network International: Warburg Pincus executive
- M&A: EU mergers and takeovers (Nov 26)
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- Hedge Funds: Hedge fund exit requests rise in November
- Regulatory: BTG Pactual redemptions rise in day after CEO arrest, source says
- LSU's buyout for Les Miles could be $11 million, subject to interpretation - USA TODAY
- Private equity goes bargain-hunting in Norwegian oil sector - Reuters
- Pfizer Says No Merger Tax Help For Our Top Execs - Fortune
- Walmart's Black Friday sale is now live online - BGR
- Abengoa, Obama green energy project, on verge of bankruptcy; demise recalls ... - Washington Times
- UPDATE 3-Infineon says IR integration ahead of plan, eyes fresh M&A - Reuters
- Our favorite finds from Shopbop's Thanksgiving sale - AOL News
- UPDATE 2-Italy shakes up management at state railway before sale - Reuters