Mergers & Acquisitions

Citic Bank to acquire stake in CIFH Mon, 11/05/2009 - 10:03 by Jamie Anderson Beijing, May 11: In an endeavor to branch out outside the mainland, China Citic Bank Co (SEHK: 0998; SSE: 601998) will pay parent China Citic Group HK$13.6 billion or U.S$1.8 billion to be in command of a Hong Kong banking affiliate. Comments Read more	AT&T to acquire some Alltel assets from Verizon Sun, 10/05/2009 - 15:29 by Jamie Anderson New York, May 10: U.S. telecommunications giant AT&T (NYSE: T) confirmed that it is acquiring some assets of arc rival Verizon Wireless (NYSE: VZ) as part of the regulatory approvals granted to the latter for its purchase of Alltel Wireless. Comments Read more	VW and Porsche likely to merge Thu, 07/05/2009 - 16:39 by Jamie Anderson Stuttgart, Germany, May 7: After a bumpy and belligerent ride spanning four years of corporate deal making, Porsche AG (Xetra: PAH3; FWB: PAH3) and Volkswagen (FWB: VOW; TYO: 7659) appear to be motoring along nicely towards their marriage. Comments Read more
Apple to acquire Twitter? Wed, 06/05/2009 - 12:51 by Neka Sehgal San Francisco, May 5: Grapewine has it that Apple Inc. is in acquisition talks with Twitter for about $700 million. Comments Read more	Walt Disney buys 27 % stake in Hulu Fri, 01/05/2009 - 14:55 by Jyoti Pal Los Angeles, May 1: With Walt Disney Co (NYSE: DIS) acquiring a 27 percent stake in the popular video site Hulu.com, Disney movies and ABC TV shows will be available on the internet. With this acquisition, Disney joins NBC Universal, News Corp (NASDAQ: NWSA, ASX: NWS, LSE: NCRA) and Providence Equity Partners as investors in the Los Angeles, California based Hulu. Comments Read more	Hollywood Reporter headed to China Wed, 29/04/2009 - 12:34 by admin LOS ANGELES, April 28 -- The Hollywood Reporter says it has signed a licensing partnership with China's government-owned entertainment trade magazine, Zong Yi. This is the first licensing deal between a major Chinese government-owned media organization and Nielsen Business Media. Through the licensing agreement, the State Administration of Radio, Television and Film-run trade magazine will become the exclusive carrier of The Hollywood Reporter's entertainment content in the B2B print market in mainland China. Comments Read more
Fiat ready to approach GM Sat, 25/04/2009 - 07:14 by admin TURIN, Italy, April 24 -- Fiat is expected to sign a letter of intent to buy most of General Motors Corp.'s European subsidiaries Opel and Vauxhall, sources told Der Spiegel. The German magazine reported Friday that the Italian automaker's chief executive officer Sergio Marchionne, was expected to forward an offer for a majority stake in the companies. Opel and Vauxhall sell 1.5 million vehicles a year. Fiat, which includes Alfa Romeo and Lancia brands, sells 2.2 million cars a year. GM, once the largest carmaker in the world, is on the verge of bankruptcy and trying to cut expenses to qualify for continued federal aid in the United States. Comments Read more	Tibco CEO Tells All About the Oracle-Sun Buyout Thu, 23/04/2009 - 12:50 by Anders Bylund When Oracle (Nasdaq: ORCL) and Sun Microsystems (Nasdaq: JAVA) unite, you know that things are changing in the enterprise software business. That's why I'm excited to report on the view from inside that industry. Comments Read more	Taking over bottlers: Will Coke follow Pepsi? Tue, 21/04/2009 - 14:56 by Jamie Anderson New York, April 21: PepsiCo Inc.'s (NYSE: PEP) $6 billion bid to takeover two of its largest bottlers is likely to invoke a similar move by arc rival Coca-Cola Co. (NYSE: KO). Comments Read more
Oracle to acquire Sun Microsystems Tue, 21/04/2009 - 12:14 by The Money Times... Redwood Shores, Calif., April 20: Oracle Corp. said Monday it has arrived at a "definitive agreement" to purchase Sun Microsystems for $7.4 billion, merging the two U.S. technology behemoths. Comments Read more	PepsiCo intends to takeover two largest bottlers Mon, 20/04/2009 - 20:20 by Jamie Anderson New York, April 20: The world’s second-largest soft-drink maker, PepsiCo Inc (NYSE: PEP) proposed to takeover two of its biggest bottlers in North America. Comments Read more	GlaxoSmithKline may acquire Stiefel for $3 billion Mon, 20/04/2009 - 11:56 by Jamie Anderson London, April 20: A deal wherein GlaxoSmithKline PLC (LSE: GSK; NYSE: GSK), could acquire Stiefel Laboratories, the U.S. maker of dermatology products, for as much as $3 billion is imminent, The Wall Street Journal reported Sunday. Comments Read more