Mergers and acquisitions

FILE-- In this Sept. 25, 2012 file photo, people shop in the Dubai Mall, in Dubai, United Arab Emirates. A subsidiary of the state-backed developer Emaar said it made an $800-million offer to purchase the online retailer Souq.com amid rumors of a possible acquisition of the website by Amazon. A stock market filing by Emaar Malls, which runs the Dubai Mall, said the "bid has still not been accepted by the shareholders of Souq.com." (AP Photo/Kamran Jebreili, File)
March 27, 2017 - 7:53 am
DUBAI, United Arab Emirates (AP) — A subsidiary of the state-backed developer Emaar says it made an $800-million offer to purchase the online retailer Souq.com amid rumors of a possible acquisition of the website by Amazon. A filing Monday by Emaar Malls PJSC on the Dubai Financial Market says the...
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March 27, 2017 - 6:35 am
BRUSSELS (AP) — The European Union has approved the proposed merger of Dow Chemical and Du Pont, saying that the companies' commitments to divest businesses have addressed its concerns. Both plan to join in a $62 billion deal and then break apart into three separate, publicly traded companies. The...
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March 22, 2017 - 5:30 am
THE HAGUE, Netherlands (AP) — Industrial paints and chemicals company AkzoNobel has rejected a second unsolicited takeover bid from U.S. company PPG Industries worth 22.4 billion euros ($24.1 billion). AkzoNobel CEO Ton Buechner said in a statement Wednesday that the bid "significantly fails to...
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March 20, 2017 - 4:13 am
NEW DELHI (AP) — British telecom company Vodafone's Indian unit on Monday announced a merger with Idea Cellular, a local company, creating India's largest telecom operator, with around 400 million customers. Vodafone will own 45.1 percent of the combined company and Idea will have a 26 percent...
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The Mobileye logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange, Monday, March 13, 2017. Intel will buy Israel's Mobileye in a deal valued at just over $14 billion, the latest push by a major tech company to advance autonomous vehicles that could change the way traffic moves globally. (AP Photo/Richard Drew)
March 13, 2017 - 5:05 pm
DETROIT (AP) — Computer chip maker Intel paid handsomely for a piece of the next big thing Monday as it offered more than $15 billion for Mobileye, an Israeli company at the forefront of autonomous vehicle technology. The purchase, scheduled to close by year's end, creates another major player in...
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March 13, 2017 - 8:50 am
BRUSSELS (AP) — The European Union has cleared German conglomerate Siemens' planned acquisition of Spain-based wind turbine maker Gamesa. The EU's executive Commission said Monday that the deal "raises no competition concerns, because a number of credible competitors would remain in the market." It...
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March 06, 2017 - 6:32 am
LONDON (AP) — Standard Life has agreed to buy Aberdeen Asset Management for 3.8 billion pounds ($4.7 billion) to create Britain's largest asset management firm. Aberdeen shareholders will receive 0.757 Standard Life shares for each share they own, giving them 33.3 percent of the combined company...
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