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M&A | Deals
CBS Chief Leslie Moonves Likely Suitor in Event of CNN Sale
Rupert Murdoch's 21st Century Fox could sell Fox News rival CNN if it buys Time Warner.
BSkyB Sells ITV Stake to Virgin Media Owner Liberty Global for £481m
US billionaire John Malone's Liberty Global also owns British TV producer All3Media.
How Much Will CNN Fetch if Murdoch Buys Time Warner and Offloads News Network?
Rupert Murdoch's 21st Century Fox could sell Fox News rival CNN if it buys Time Warner.
Henkel Chief Claims It Has Near $7bn War Chest For Further Acquisitions
Henkel's June buying spree saw it acquire French household cleaner maker Spotless and three US haircare brands.
Swiss Firm Lindt Closes in on Candy Maker Russell Stover
Kansas City-based Russell Stover could be valued at about $1bn.
Archer Daniels Midland Buys Natural Ingredients Firm Wild Flavors for $3bn
Hans-Peter Wild owns 65% of Wild Flavors while PE firm KKR owns the rest.
China Approves Lenovo and IBM's $2.3bn x86 Server Deal
The deal still requires US regulatory approval.
Volkswagen Rubbishes Paccar Takeover Rumours
VW rejects comments made by Daimler Trucks chief Wolfgang Bernhard.
Volkswagen Eyes US Truckmaker Paccar
VW took control of Swedish truckmaker Scania in May 2014.
Roche Buys Breast Cancer Specialist Seragon Pharmaceuticals
Roche could pay another $1bn based on attaining preset milestones.
LSE Plans $1.6bn Rights Issue to Fund Frank Russell Acquisition
LSEG to acquire Frank Russell from US-based Northwestern Mutual for $2.7bn.
French Finance Minister Montebourg Confirms Ready Cash for €2bn Alstom Stake
French Economy Minister Montebourg says Paris has cash from previous share sales to fund Alstom stake.
KKR Invests $567m in Spain's Acciona Energia International Ahead of IPO
Private equity heavy-hitters Kohlberg Kravis Roberts picks up a one-third stake ahead of a likely flotation of AEI assets.
Ithaca Energy Buys Stakes in Three UK Oil Fields for $170m
Ithaca picks up interest in Cook, Pierce and Wytch Farm oil fields.
Spain's Santander to Buy GE Money Bank for $951m
Deal to boost Santander's presence in Sweden, Norway and Denmark.
Warren Buffet Rejects Rumours of Coca-Cola Takeover Bid
Activist investor David Winters says Buffet could be looking to take Coca-Cola private.
Siemens, Mitsubishi and GE Urged to Improve Alstom Bids
Paris expects improved offers ahead of 23 June deadline imposed by GE for its bid.
Siemens and Mitsubishi Mull Joint Alstom Energy Bid
General Electric has already offered to buy Alstom's power unit for about $17bn.
Alibaba to Buy Out UCWeb in China's Biggest Internet Merger and Launch US Online Store
Alibaba to launch US online store 11Main.com on 11 June.
Japan's Dai-ichi Life Eyes America's Protective Life for $5bn
Japanese insurers eyeing overseas assets to move away from stagnant home market.
Nestle to Boost Skincare Arm With $1.4bn Valeant Pharma Deal
Valeant says Nestle deal not contingent on the success of its bid for Allergan.
Italy's Roberto Cavalli Could Sell Stake to Bahrain's Investcorp
Italian designer Cavalli's firm may command $614m sale value.
Hon Hai Precision to Buy $385m Stake in Asia Pacific Telecom in 4G Push
iPhone assembler Hon Hai Precision eyeing Taiwan's nascent 4G telecoms market.
InterContinental Hotels Turns Down £6bn Takeover Bid
Likely bidder Starwood Hotels & Resorts may table higher offer for IHG.
Britain's Cobham to Acquire US-Based Aeroflex for About $1.46bn
Cobham to take on Aeroflex's $540m net debt.
Barclays Head of M&A Paul Parker Expected to Quit
Barclays tipped to unveil 'bad bank' to hive off non-core and non-performing assets
Merck Eyes $15bn-Plus Drug Sale Amid Pharma M&A Revival
Drugs are known as 'diversified brands' and many are sold in emerging markets.
Sanofi Plans $7bn-Plus Drug Sale Amid Pharma M&A Resurgence
Paris-based Sanofi has roped in Evercore Partners and has tapped prospective buyers.
Japan's NTT Docomo to Exit India's Telecoms Market
Docomo could sell entire stake in Indian JV to partner Tata Group or to Vodafone.
Vodafone to Buy Out Minority Indian Partner in $1.48bn Deal
Vodafone India minority shareholder Piramal Enterprises sells 45.4 million shares in Vodafone India.