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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...

Actelion to be Bought by Johnson & Johnson for $30 Billion, Spin Off R&D Unit

In a $30 billion all-cash deal that includes spinning off Actelion's research and development pipeline, U.S. healthcare giant Johnson & Johnson will buy Swiss biotech company Actelion, the companies said on Thursday.   J&J will be helped in diversification of its drug portfolio as...

Eyewear Giant will be Created by 46 Billion Euro Merger of Luxottica and Essilor

To create a global powerhouse in the eyewear industry with annual revenue of more than 15 billion euros, Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger.    While Essilor is the world's leading manufacturer of ophthalmic lenses, Luxottica, the...

Firm Offer for U.K. Broadcaster Sky Announced by Rupert Murdoch's Twenty-First Century Fox

In an all-cash deal that values the European pay-TV broadcaster Sky at £18.5 billion ($23.4 billion), Rupert Murdoch's Twenty-First Century Fox took a second stab at a full takeover of Sky on Thursday.   The U.S. mass media corporation currently offering a 36 percent...

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...
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