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Deals

Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion

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Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.

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Odey adds to Sky disquiet following Disney's deal with Fox 2:02pm GMT

LONDON Hedge fund manager Crispin Odey has argued that Sky should fetch a higher price following Walt Disney Co's $52 billion deal with Twenty-First Century Fox Inc. , adding to shareholder disquiet about the fate of the European broadcaster.

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Singaporean billionaire defends bid for M&C Hotels in face of investor opposition 6:04pm GMT

LONDON Kwek Leng Beng, the Singaporean billionaire attempting to take over Millennium & Copthorne Hotels , defended his bid on Monday after a group of investors argued it was too low and sought to block the deal.

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Hershey, Campbell bet nearly $6 billion on healthy snacks makers 6:36pm GMT

Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods. | Video

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Casino operator Penn National to buy Pinnacle in $2.8 billion deal 4:00pm GMT

Casino operator Penn National Gaming Inc said on Monday it would buy Pinnacle Entertainment Inc in a cash-and-stock deal valued at about $2.8 billion, cementing its position as the leading U.S. regional gaming operator.

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Payment processor Total System Services to buy Cayan for $1.05 billion 2:44pm GMT

Total System Services Inc (TSYS) on Monday said it would buy payment technology firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized U.S. businesses.

Belgium's Greenyard explores acquisition of Dole Food: sources 5:18pm GMT

Belgian frozen foods company Greenyard NV is exploring an acquisition of Dole Food Co, a U.S. fruit and vegetable producer that could be valued at more than $2.5 billion, including debt, people familiar with the matter said on Monday.

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German Vonovia climbs property ladder with $6.1 billion Buwog deal 11:53am GMT

FRANKFURT Vonovia , Germany's biggest residential property company, has agreed to buy Austrian counterpart Buwog in a cash deal valuing the latter at 5.2 billion euros ($6.12 billion), the two companies said on Monday.

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Thales' 4.8 billion euro bid for Gemalto gets thumbs up from investors 5:26pm GMT

PARIS Shares in French defense electronics maker Thales jumped more than 8 percent on Monday after chipmaker Gemalto accepted its 4.8 billion euro ($5.7 bln) takeover bid to create a leader in digital security. | Video

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Thai beer magnate extends SE Asia push with $4.8 billion Sabeco deal 11:50am GMT

Ho CHI MINH CITY/SINGAPORE Thai Beverage has won an auction to buy a majority stake worth $4.84 billion in Vietnam's top brewer Sabeco , a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi.