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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)......»»
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)......»»
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 ......»»
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 ......»»
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......»»
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......»»
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......»»
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......»»
Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover
According to Reuters, Glu Mobile received multiple takeo.....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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%......»»
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.....»»
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 .....»»
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......»»
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.....»»