Hearing Scheduled for ChemChina buyout of Syngenta
The U.S. Committee on Foreign Investment has approved ChemChina’s $43 billion buyout of Syngenta. There will be a hearing in late September between Iowa Senator Chuck Grassley and the Chairman of the Senate Judiciary Committee due to concerns that t…
Read MoreCVS to take over Target’s pharmacies in acquisition deal
Retail pharmacy chain CVS announced its acquisition of Target’s pharmacy department for $1.9 billion, The Washington Post revealed on June 15. The deal will result in the rebrand…
Read MoreKraft Foods and Heinz enter a $100 billion merger
Kraft Foods has agreed to a $100 billion merger with food company Heinz, making the combined entities the third largest food and beverage group in the country, The Telegraph reporte…
Read MoreNXP and Freescale unite in $40 billion merger
Two global semiconductor companies have entered a multi-billion dollar buyout that is expected to reshape the world’s tech industry, KVUE reported on Monday, March 2. Dutch company NXP Semiconductors acquired Austin-based Freescale Semico…
Read MoreStaples and Office Depot discuss possible merger
The two largest office supply chains in the country, Staples Inc. and Office Depot, have reportedly been talking about the possibility of a merger, The International Business Tim…
Read MoreFTC approves clearance of Medtornic’s acquisition of Covidien
The U.S. Federal Trade Commission (FTC) has announced its regulatory clearance of Medtronic’s $43 billion acquisition of Irish medical-supply company Covidien on November 26, but u…
Read MoreAcquisition deal pairs Yahoo with video ad company BrightRoll
Yahoo Chief Executive Marissa Mayer announced the company’s bid for acquisition of video advertising company BrightRoll, The New York Times reported on November 11. According to …
Read MoreAbbVie aborts its plan to acquire Shire
U.S. drug company AbbVie is aborting its plan to acquire Irish pharmaceutical company Shire for $55 billion due to the U.S. Department of Treasury’s regulatory changes aimed at lim…
Read MoreEncana plans to buy Athlon
Major oil and gas player Encana Corp. plans to acquire Texas-based shale-oil producer Athlon Energy, giving the corporation access to oil and natural gas-rich Permian Basin, according to a Calgary Herald article. The $7.1 billion dollar
Read MoreRoche to acquire Santaris Pharma for $450 million
Swiss pharmaceutical giant Roche says it plans to buy Denmark-based biotech company Santaris Pharma for up to $450 million, Reuters reported on August 4. According to the report, Roche announced it would pay Santaris Pharma an initial amou…
Read MoreWritten by James H. Arenson
Last Updated : September 15, 2016