Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Deals of the day- Mergers and acquisitions

Published 10/03/2016, 09:38 pm
Updated 10/03/2016, 09:40 pm
© Reuters.  Deals of the day- Mergers and acquisitions
DB1Gn
-
BOUY
-
ORAN
-
BOL
-
FMG
-
TEVA
-
NDAQ
-
AMFW
-
PMII
-
ILD
-
BAMI
-
AGN_pa
-
VALE
-
IRM
-
META
-
REC_old
-
SRF
-

March 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** China's Commerce Ministry said it has not received an application for regulatory approval from iron ore miners Vale VALE5.SA and Fortescue Metals Group FMG.AX in relation to their planned joint venture.

British oil and gas services company Amec Foster Wheeler Plc AMFW.L said it would sell its Global Power Group unit as it exits some of its non-core assets and halve its net debt in the next 15 months.

Iliad ILD.PA Chief Financial Officer Thomas Reynaud said that talks about the sale of Bouygues Telecom BOUY.PA to Orange ORAN.PA , which could see it take on some Bouygues assets, were complex but still continuing.

Pan-African mobile telecoms infrastructure group HIS has agreed to buy Nigerian rival Helios Towers Nigeria (HTN) for an undisclosed sum, its chief executive said.

Swedish mining and smelting group Boliden BOL.ST said it had agreed to buy the Kevitsa mine in Northern Finland for a cash consideration of $712 million on a debt free basis.

U.S. data management company Iron Mountain (NYSE:IRM) Inc IRM.N will sell its Australian unit to ease regulatory concerns hampering its A$2.7 billion ($2 billion) buyout of Sydney-listed rival Recall Holdings Ltd REC.AX , a regulator said.

Australian online clothes retailer Surfstitch Group Ltd SRF.AX said its managing director quit and it planned to take the A$380 million ($284 million) company private just 15 months after listing on the sharemarket.

Nasdaq Inc NDAQ.O said on Wednesday it would buy U.S. options exchange operator International Securities Exchange for $1.1 billion from Deutsche Boerse AG DB1Gn.DE , the latest deal to emerge from a spate of exchange merger talks.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Teva Pharmaceutical Industries (NYSE:TEVA) TEVA.TA is expected to win EU antitrust approval for its $40.5 billion bid for Allergan (NYSE:AGN_pa)'s AGN.N generics unit after agreeing to sell off some of its products to appease regulators, three people familiar with the matter said on Wednesday.

Facebook Inc FB.O is acquiring Masquerade Technologies Inc, creator of the popular face-swapping app MSQRD, as part of efforts by the world's largest social network operator to build its video services.

Talks between Banco Popolare BAPO.MI and Banca Popolare di Milano PMII.MI with the European Central Bank made scant progress on a planned merger to create Italy's third biggest bank, three sources close to the matter said. = 1.3390 Australian dollars)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.