🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Deals of the day- Mergers and acquisitions

Published 2016-06-27, 07:00 a/m
© Reuters.  Deals of the day- Mergers and acquisitions
INTC
-
AIO
-
NG
-
HARL
-
BN
-
KU2G
-
ROSNq
-

June 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1100 GMT on Monday:

** German robotics maker Kuka KU2G.DE is on the brink of
agreeing to an investor agreement with Chinese bidder Midea
000333.SZ that includes a long-term commitment to existing
headquarters, factories and jobs, a source close to the
negotiations said. Energy Transfer Equity ETE.N won a court ruling on
Friday that would allow the pipeline operator to walk away from
its more than $20 billion takeover of rival Williams Cos Inc
WMB.N , a deal that Energy Transfer agreed to in September but
soured on in January. Australian freight giant Asciano Ltd AIO.AX said on
Monday it had resolved a legal dispute with a trucking
subsidiary that had threatened to delay a A$9.1 billion ($6.8
billion) buyout led by Canada's Brookfield Asset Management Inc
BAMa.TO . Chipmaker Intel Corp INTC.O is considering the sale of
its cyber security business, the Financial Times reported on
Sunday. According to the report, the company has been talking to
its bankers about options for the Intel Security unit, which was
previously known as McAfee. Israel's Harel Insurance Investments and Financial
Services HARL.TA said on Sunday it was in talks to buy up to 4
percent in the Tamar natural gas field from Texas-based Noble
Energy NBL.N . Russia's biggest oil producer Rosneft ROSN.MM said on
Saturday that China National Chemical Corp (ChemChina)
CNNCC.UL would take a 40 percent stake in its planned
petrochemical complex VNHK in Russia's Far East.
($1 = 1.35 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.