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Atrium Innovations, The Canadian Vitamin Maker, To Be Bought By Nestle For $2.3 Billion

Nestle has an announced policy of its intention to reduce its weakness in packaged foods. And to fulfill this strategy imperative, Nestle is all set to buy out Canadian vitamin maker Atrium Innovations for an estimated value of $2.3 billion.   This deal would will help Nestle to expand its...

$1.8 Billion To Be Expended By Meredith To Buy Time Inc.

An all cash deal worth $1.84 billion and backed by conservative billionaire brothers Charles and David Koch has been set for the purchase of Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, by the U.S. media company Meredith.   On two...

In Digital Health Push, Roche Buys Diabetes App Firm

Joining a growing crowd of companies expanding into app-based digital health services, Vienna-based diabetes management platform mySugr was bought for an undisclosed price by Roche, the Swiss drugmaker said on Friday.   Helping people track everything from their blood sugar, medications and...

Landmark $43 Billion Takeover Of Syngenta Clinched By ChemChina

ChemChina and Sygenta said that to clinch its $43 billion takeover of the Swiss pesticides and seeds group, ChemChina has won more than enough support from Syngenta shareholders.   China's desire to use Syngenta's portfolio of top-tier chemicals and patent-protected seeds to improve domestic...

To Put Their Best Foot Forward, Luxury Fashion Brand Jimmy Choo Invites Buyers

As part of a strategic review launched by the luxury fashion and accessories retailer on Monday, Britain's Jimmy Choo has invited potential buyers to step forward.   "The Board of Jimmy Choo announces today that it has decided to conduct a review of the various strategic options...

Just A Day After U.S. Clearance, EU Nod For Syngenta Deal Given To ChemChina

China’s largest foreign acquisition was brought closer to the finish line a day after the U.S. gave its blessing as China National Chemical Corp won European Union antitrust approval for its $43 billion takeover of Swiss pesticide maker Syngenta AG.   The European Commission said in an...

Deal To Buy Middle East Online Retailer Souq.Com Clinched By Amazon

A last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls EMAA.DU was thwarted by US based online retailer Amazon.com as the largest online retailer in the world agreed to buy Middle East online retailer Souq.com.   Deal adviser Goldman Sachs called the deal to be "the...

New Indian Market Leader To Be Created By Vodafone And Idea Cellular

With the aim to create India’s biggest telecoms business in a bid to contest a brutal price war sparked by new rival Reliance, Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations.   With an implied enterprise value of 828 billion rupees ($12.66...

Mead Johnson to be Bought by Reckitt for $16.6 billion

The British consumer goods company Reckitt Benckiser would stand to gain a new product line and expanding its presence in developing markets as it has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion.   Reckitt will pay $90 in cash for Mead Johnson shares, a 30...

Aon's Benefits Outsourcing Business to be Acquired by Blackstone for $4.8 Billion: Reuters

 The employee benefits outsourcing business belonging to insurance broker Aon Plc has been agreed to be acquired and taken over by private equity firm Blackstone Group LP. According to media reports quoting sources and people who have knowledge about the sale off, the deal  is worth a...

Takeover Approach for Macy's Being Made By Canada's Hudson's Bay: Media Reports

With the aim of push further into the U.S. market where it already owns the Lord & Taylor and Saks Fifth Avenue chains, Hudson's Bay Co has made a takeover approach for struggling retailer Macy's Inc, reported the media quoting people familiar with the matter.   The Toronto-based company...

With $4.6 Billion Booker Buy, Tesco’s Lewis Charts New Course

Gaining access to the fast-growing market to supply restaurants and hotels and pooling the U.K.’s biggest supermarket chain with the No. 1 food wholesaler, Tesco Plc agreed to buy Booker Group Plc for about 3.7 billion pounds ($4.6 billion).   Though the value of the offer quickly rose...
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