While confirming that it was open to further talks with the German healthcare and chemicals group as well as other parties, the U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG.   Bayer has been put under pressure to sweeten its offer once...

Winning the support of its target and topping an offer from Australia's Oil Search Ltd, ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gasfield.   As the French giant looks to push forward with its planned Papua LNG...

Through the buying organic food producer WhiteWave Foods Co in a deal that values the company at $12.5 billion including debt, France's Danone hopes to double the size of its U.S. business, the company said recently.   The purchase would help the French company to add WhiteWave's popular...

The playbook in the contest to control the future of personal transportation is being rewritten by a flurry of deals between big automakers and ride hailing and transportation startups.   Ride-hailing services and car sharing companies can be turned into steady customers for all sorts of...

Terming the bid by Bayer AG as "incomplete and financially inadequate", Monsanto Co, the world's largest seed company, turned the $62 billion acquisition bid while saying that the company was open to engage further in negotiations.   Even as Bayer faces criticism from some shareholders that...

With an investment that made Los Angeles billionaire Patrick Soon-Shiong the second largest shareholder of Tribune Publishing Co, the owner of the Los Angeles Times and the Chicago Tribune, the billionaire reportedly has invested $70.5 million in the company, said the publishing house recently....

Taking de facto control with a $2.2 billion bet that bails out its smaller, scandal-hit rival, Nissan Motor Co has agreed to buy a 34 percent stake in Mitsubishi Motors Corp.   The deal is a lifeline for Mitsubishi Motors as it has had $3 billion wiped off its market value after confessing...

Subject to regulatory approval, if the merger goes through, the combined company hopes to save $280 million in costs within two years. Sherwin-Williams Co is all set to acquire its U.S. rival, Valspar Corp in an all-cash deal valued at around $9.3 billion. This includes debt and equity.  ...

A last minute discovery of new liabilities at Sharp have created ruptures in the Taiwanese company’s efforts to acquire a controlling stake in Japan’s turbulent display manufacturing company – Sharp Corp. Japan’s Jiji News has reported that Foxconn is likely to substantially reduce capital...

Royal Dutch Shell’s marriage with Saudi Arabia’s Aramco has come to an end after almost 20 years. In what is likely to be a significant development for the oil industry, Royal Dutch Shell and Saudi Aramco have announced plans of breaking up Motiva Enterprises LLC. This signals the end of a...

Bloomberg has reported the auction citing a source. As per a news report from Bloomberg, New York's Plaza Hotel will go under the hammer in the coming month.   Simon and David Reuben who holds New York Plaza Hotel’s mortgage has scheduled a foreclosure for April 26, reads the Bloomberg...