Mergers & Acquisitions
NEW YORK, Oct 20 - AbbVie Chief Executive Officer Richard Gonzalez for three months led the charge to buy Dublin drugmaker Shire for $55 billion, only to walk away from the deal last week, but analysts and fund managers said he deserves credit for trying and should remain at the helm of the Chicago drugmaker.
Oct 21 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
(Adds CEO comment, background, share repurchase, share price)
Oct 20 - U.S. drugmaker AbbVie Inc said on Monday it has reached agreement with Shire Plc to officially call off its proposed $55 billion purchase of the Irish company, and will pay Shire a $1.64 billion breakup fee for walking away from the deal.
(Adds details on Paulson shareholdings in Allergan and Shire, background)
* Nutreco, Adidas, Havas surge on M&A activity (Updates with closing prices)
Oct 20 - Chiquita Brands International Inc said proxy advisory firm Institutional Shareholder Services reversed its stance and recommended that the banana producer's shareholders vote in favor of a revised offer from rival Fyffes Plc.
MOSCOW, Oct 20 - Russian state-controlled diamond miner Alrosa said on Monday its third-quarter production decreased by 2 percent due to a shift to underground production at a mine in Russia's Far East.
MOSCOW, Oct 20 - Russian state-controlled diamond miner Alrosa said on Monday its third-quarter production decreased by 2 percent, year-on-year, because of lower output at a mine in Russia's Far East.
* Nutreco, Adidas, Havas surge on M&A activity (Updates prices, adds quote, detail)
- Finance: Actavis, Sanofi among bidders for Omega Pharma - Bloomberg
- Technology: UPDATE 1-America Movil says holds almost 60 pct in Telekom Austria
- Healthcare: Valeant may raise Allergan bid, says it won't walk away
- Consumer: UPDATE 2-Chipotle stock dips as sales growth forecasts come down
- Energy: Platts says not charged with wrongdoing after EU ethanol trade raids
- Industrials: Australia's Cabcharge says rebuffs M&A talk from NY-listed FleetCor
Free Deals Newsletter
Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.