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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...

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...
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