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Sainsbury"s, Walmart"s Asda in talks to create UK grocery leader

LONDON (Reuters) - Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, overtaking Tesco by market share in a combination of their UK businesses worth up to 15 billion pounds ($20.7 billion)......»»

Category: topSource: reutersApr 28th, 2018

Sainsbury"s, Walmart"s Asda to create UK supermarket powerhouse

LONDON (Reuters) - Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 billion pounds ($20.7 billion)......»»

Category: topSource: reutersApr 28th, 2018

Britain"s Sainsbury"s and Asda agree 13.3-billion-pound merger

LONDON (Reuters) - Sainsbury's and Asda, the UK arm of Walmart , confirmed on Monday they had agreed a 13.3 billion pounds ($18.33 billion) merger to create Britain's biggest supermarket group by market share, surpassing current leader Tesco ......»»

Category: topSource: reutersApr 30th, 2018

Sainsbury"s in $10 billion swoop on Asda to create top UK supermarket

LONDON (Reuters) - Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco ......»»

Category: topSource: reutersApr 30th, 2018

Japan"s Takeda agrees $62 billion takeover of Shire

LONDON (Reuters) - Takeda Pharmaceutical agreed to buy London-listed Shire for 45.3 billion pounds ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to $30.33 to secure a recommendation......»»

Category: topSource: reutersMay 8th, 2018

Vodafone agrees 18.4 billion euro deal to buy some Liberty assets

LONDON (Reuters) - Vodafone Group has agreed an 18.4 billion euro ($21.8 billion) deal to buy cable TV company Liberty Global's operations in Germany, Czech Republic, Hungary and Romania......»»

Category: topSource: reutersMay 9th, 2018

Britain"s Zoopla, PrimeLocation bought by Silver Lake for $3 billion

(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), delivering a windfall for its largest shareholder the Daily Mail publishing group......»»

Category: topSource: reutersMay 11th, 2018

AmTrust agrees to sweetened $2.95 billion buyout offer

(Reuters) - U.S. insurer AmTrust Financial Services Inc on Thursday agreed to be acquired by a group of investors for a sweetened $2.95 billion deal that also helped secure the support of dissenting shareholder Carl Icahn......»»

Category: topSource: reutersJun 7th, 2018

Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover

According to Reuters, Glu Mobile received multiple takeo.....»»

Category: worldSource: nytFeb 9th, 2021

Alibaba Seeks To Raise $5B In US Dollar Debt Offering This Week

Alibaba Group Holding Ltd (NYSE: BABA) is planning to raise $5 billion by selling dollar-denominated bonds this week, Reuters reported read more.....»»

Category: blogSource: benzingaFeb 3rd, 2021

China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion

The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has reported.   read more.....»»

Category: blogSource: benzingaJan 24th, 2021

Exclusive: Dubai signs up banks for $9 billion DP World debt deal - sources

Dubai has received commitments from a group of 10 banks for $9 billion in loans to take full control of port operator DP World and refinance debt of state investment vehicle Dubai World, two sources told Reuters......»»

Category: topSource: reutersMar 19th, 2020

Thermo Fisher agrees to buy genetic tester Qiagen in $11.5 billion deal

Thermo Fisher Scientific Inc has agreed to buy German genetic testing company Qiagen in a $11.5 billion deal as the U.S.-based group looks to bolster its health diagnostic business......»»

Category: topSource: reutersMar 3rd, 2020

Softbank"s Vision Fund 2 stalls as key backers opt out

Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters......»»

Category: topSource: reutersFeb 12th, 2020

Exor expects $13 billion for careful acquisitions after PartnerRe sale

Investment group Exor will have around $13 billion in cash provided it closes a deal to sell its reinsurance unit PartnerRe and it would spend most of that on acquisitions, a source close to the matter told Reuters......»»

Category: topSource: reutersFeb 10th, 2020

Simon Property agrees to buy mall REIT Taubman in $3.6 billion deal

Simon Property Group Inc. said Monday it has agreed to acquire mall real-estate investment trust Taubman Centers Inc. in an all-cash deal valued at about $3.6 billion, sending Taubman stock up 53%......»»

Category: topSource: marketwatchFeb 10th, 2020

Activist investor Elliott Management has built a more than $2.5 billion stake in SoftBank, the conglomerate behind WeWork

Reuters/ Steve Marcus Elliott Management Corp, run by Paul Singer, has built a more than $2.5 billion stake in SoftBank Group, The Wall Street Journal reported Thursday.  The activist investor will push the Japane.....»»

Category: topSource: businessinsiderFeb 7th, 2020

Meet the billionaire couple behind Panda Express, who built a $3 billion fortune selling 90 million pounds of orange chicken each year and run 2,000 restaurants across the globe

Panda Restaurant Group Husband .....»»

Category: topSource: businessinsiderDec 12th, 2019

Britain"s Phoenix to buy Swiss Re"s ReAssure business for $4.1 billion

Phoenix Group Holdings has agreed to buy the British business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date, driving the two companies' shares higher......»»

Category: topSource: reutersDec 6th, 2019

Phoenix to buy Swiss Re"s ReAssure unit for $4.1 billion

Insurance group Phoenix Group Holdings on Friday announced its biggest-ever deal, as it agreed to buy the British unit of Swiss Re AG for 3.2 billion pounds ($4.1 billion) in cash and shares.....»»

Category: topSource: reutersDec 6th, 2019