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Actelion Approached by Johnson & Johnson about takeover deal

Actelion, Europe's largest biotech firm and which is currently valued at about $20 billion, is in talks with U.S. healthcare company Johnson & Johnson for a potential takeover. The U.S. firm announced late this week.   While claiming that there was no certainty of the deal going through,...

AI Assistant Made by the Creators of Apple's Siri Os Bought By Samsung

As Samsung looks to bolster the software and services it offers across its devices, it has acquired Viv, an artificial intelligence (AI) assistant company founded by the makers of Siri, the South Korean electronics giant said on Thursday.   Viv would "work closely" with Samsung's mobile team...

$4.325 Billion Deal Settled for J&J’s Acquisition of Abbott’s Eye-Surgery Equipment Unit

As the health-care giants remake their lineups of medical devices, Abbott Laboratories agreed to sell its eye-surgery equipment business to Johnson &  Johnson for $4.325 billion. This was disclosed y the two companies on Friday.   According to the Johnson & Johnson, with an...

About $56 Billion for Monsanto Agreed to be Paid by Bayer

The world’s biggest maker of seeds and pesticides would soon be created as Bayer AG has reached an agreement to acquire Monsanto Co. for about $56 billion, reported the media citing sources and people familiar with the matter.   Sources also confirmed that an announcement of the new is...

$36 Billion Company to be Created by Merger of Potash Corp and Agrium

A deal that would create a fertilizer giant with an enterprise value of about $36 billionis on the cards after Canada's Agrium Inc and Potash Corp of Saskatchewan Inc agreed to combine. The deal is however expected to draw scrutiny from U.S. regulators.   The combined entity would be largest...

$8.8 billion deal Between HP Enterprise and Micro Focus for Software Assets

In a deal worth $8.8 billion, the non-core software assets of Hewlett Packard Enterprise Co (HPE) will be spun off and merged with Britain's Micro Focus International Plc, the companies announced this recently.     Since HPE separated last year from computer and printer maker HP Inc,...

$28 billion Deal for Spectra Takeover by Enbridge Announced

The largest North American energy infrastructure company is expected to be created after Spectra Energy Corp of Houston was announced to be bought by Canada's Enbridge Inc in an all-stock deal valued at about $28 billion (C$37 billion).   The manner in which pipeline companies are under...

Ziff Daviss Challenged by Univision in bid for Gawker: Reuters

A $90 million stalking horse bid from media company Ziff Davis LLC has been challenged by Univision Holdings Inc which has offered to acquire Gawker Media LLC, Reuters reported quoting sources, in the auction for the U.S. internet publisher.   Univision is not shying away from a news brand...

Mofcom Approval Necessary for Didi, Uber deal, say China Regulator

It needs to review Uber China’s sale to Didi Chuxing but hadn’t received the paperwork, one of China’s anti-trust regulators said in a somewhat surprising admission.   China's commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the proposed merger...

NetSuite Acquisition to Give Oracle Gains in Cloud Clout

A deal, that would give Oracle a bigger share in the fast-growing cloud computing business and also means a big payday for billionaire Larry Ellison, would see Oracle Corp buying NetSuite Inc for about $9.3 billion.   According to a regulatory filing Ellison beneficially owns hold about 40...

Rocket Internet-Backed Online Fashion Store Bought for $70 Million by India’s Flipkart

In a move that will mark further consolidation in India’s booming e-commerce industry Flipkart-owned Myntra today said it has acquired Jabong from Global Fashion Group for an undisclosed amount.   From the deal, a combined base of 15 million monthly active users would be available to Myntra...

Sources say front-runner in Yahoo auction is Verizon

After reviewing final bids that it received this week, Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc, several sources weee quoted in the media as saying.   By giving it access to Yahoo's advertising technology tools, as well other assets such as search,...
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