Mergers and acquisitions

European Competition Commissioner Margrethe Vestager, left, talks to Trade Commissioner Cecilia Malmstrom prior the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, Feb. 6, 2019. European Union authorities on Wednesday rejected a massive rail merger deal between France's Alstom and Germany's Siemens in what the two nations had hoped would have created a global competitor to stand up to China. (AP Photo/Francisco Seco)
February 06, 2019 - 11:30 am
BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing...
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January 28, 2019 - 2:32 am
BERLIN (AP) — France's Alstom says that it and Germany's Siemens have offered new concessions in an effort to overcome European authorities' concerns about the planned merger of their train-building operations. A European Union decision on whether to allow the deal to go ahead is expected soon. The...
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FILE - This April 4, 2012, file photo shows the Newmont Gold Quarry pit in Battle Mountain, Nev. Newmont Mining will buy Canada’s Goldcorp in a deal valued at about $10 billion that would create the world’s biggest gold miner. (David B. Parker/The Reno Gazette-Journal via AP, File)
January 14, 2019 - 7:29 am
DENVER (AP) — Newmont Mining will buy Canada's Goldcorp for $10 billion, creating the world's biggest gold miner. The combined company could log gold production of 6 million to 7 million ounces over a decade and recognize $100 million in annual pre-tax savings. Miners are consolidating as gold...
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January 12, 2019 - 4:16 am
BUCHAREST, Romania (AP) — Romania's defense ministry has suspended the 1.6 billion euro ($1.83 billion) acquisition of four warships following a political dispute over which offer best serves the NATO member. The ministry said it had informed military prosecutors there were "reasonable suspicions"...
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FILE - This April 20, 2009 file photo, shows the British pharmaceuticals firm GlaxoSmithKline in London. Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion). British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will own the remaining 32 percent stake. (AP Photo/Sang Tan, File)
December 19, 2018 - 1:18 pm
Drugmakers GlaxoSmithKline and Pfizer plan to merge their consumer health businesses into what will be the world leader in sales of nonprescription medicines such as pain relievers, vitamins and cold remedies. The new joint venture would have with combined annual sales of $12.7 billion (9.8 billion...
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FILE - In this Sept. 21, 2016, file photo, V.C. Summer Nuclear Station's unit two's turbine is under construction near Jenkinsville, S.C., during a media tour of the facility. The Public Service Commission will determine at a meeting on Friday, Dec. 14, 2018 how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction. (AP Photo/Chuck Burton, File)
December 14, 2018 - 1:57 pm
COLUMBIA, S.C. (AP) — The Latest on South Carolina regulators' votes on issues concerning the fallout from a $9 billion nuclear construction project failure (all times local): 1:55 p.m. A majority of South Carolina regulators say they will vote to approve a deal to rescue a utility company reeling...
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In this Nov. 2, 2018 photo, a sales associate is seen through a window display helping a customer try on a parka at the Mall at Short Hills in Short Hills, N.J. Like many malls, this shopping complex is offering more immersive shopping experiences. Outerwear brand Canada Goose unveiled a store with a “cold room” where customers can try on its $1,000 parkas in sub-zero temperatures. (AP Photo/Ted Shaffrey)
December 11, 2018 - 10:33 am
SHORT HILLS, N.J. (AP) — Online retailers are getting physical. A growing number of brands born on the internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online. But they're taking it even further by doubling-down on...
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In this photo provided by the semiofficial Mehr News Agency, Iran’s navy members stand on Ghadir-955 submarine during its inauguration in the southern port of Bandar Abbas, Iran, at the mouth of the strategic Strait of Hormuz, Thursday, Nov. 29, 2018. Iran’s navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday. (Rahbar Emamdadi/Mehr News Agency via AP)
November 29, 2018 - 10:09 am
TEHRAN, Iran (AP) — Iran's navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday. The report said one of the mini submarines — also known as midget submarines — was dubbed Ghadir-955 and was built in...
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FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. United Technologies is planning to break itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company has scheduled a call with investors for Tuesday, Nov. 27, 2018, that it says is to announce its intention to separate into three companies. (AP Photo/Michael Conroy, File)
November 26, 2018 - 8:00 pm
NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...
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A Black Friday shopper walks through Dolphin Mall on Friday, Nov. 23, 2018, in Miami. Retailers are offering much of their Black Friday deals online, but shoppers still showed up at malls and stores around the country looking for discounts, and to take in the scene. (AP Photo/Lynne Sladky)
November 24, 2018 - 3:36 pm
PROVIDENCE, R.I. (AP) — The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday shopping event as more customers buy items online and pick them up at brick-and-mortar stores. Adobe Analytics reported Saturday that more customers are...
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