Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported on Monday, citing people familiar with the matter, in what would create one of the world’s...
Enterprise Bancorp to merge into regional lending peer Independent Bank in $562 mln deal
Enterprise Bancorp and Independent Bank, the parent of Rockland Trust, have agreed to merge in a cash-and-stock deal valued at $562 million, they said on Monday, as regional lenders continue to consolidate their...
Apollo-owned Novolex to take packaging products maker Pactiv private in $6.7 bln deal
Packaging firm Novolex will buy rival Pactiv Evergreen in a $6.7 billion deal, as the Apollo Global Management-owned firm looks to bolster its business of food and beverage packaging in a cautious economic environment...
Goldman explores possible sale of ETF client platform, sources say
Goldman Sachs is exploring options, including a potential sale, of its ETF Accelerator platform which helps the bank’s institutional clients launch their own exchange-traded funds, two sources familiar with the...
Credit Agricole ups Banco BPM stake in UniCredit duel
Credit Agricole upped the stakes in a banking battle over Italy’s Banco BPM on Friday, by using derivatives to raise its holding in the Milanese lender that has become a takeover target for UniCredit. UniCredit...
Novo Holdings’ $16.5 bln Catalent buy wins EU antitrust approval
Novo Holdings on Friday gained unconditional EU antitrust approval for its $16.5 bln acquisition of U.S. contract drug maker Catalent after EU regulators said they did not see any competition issues. Novo Holdings, the...
Ad giants Omnicom and Interpublic in merger talks, WSJ reports
Advertising and marketing conglomerate Omnicom Group is in advanced talks to acquire Interpublic Group in an all-stock deal that would value Interpublic between $13 billion and $14 billion, excluding debt, the Wall...
Britain approves $19 billion Vodafone-Three mobile merger
Britain on Thursday approved the $19 billion merger between Vodafone UK and Hutchison’s Three UK to create the country’s biggest mobile operator and reduce the number of networks to three from four. The...
Slim Jim maker Conagra exploring sale of Chef Boyardee, sources say
Conagra Brands, the maker of Slim Jim beef jerky and Healthy Choice frozen meals, is looking to sell its popular canned pasta brand Chef Boyardee, according to people familiar with the matter. The Chicago, Illinois...
Aviva sweetens Direct Line bid to $4.33 billion, Bloomberg News reports
Insurance company Aviva has sweetened its bid for UK’s Direct Line to about 3.4 billion pounds ($4.33 billion), or 261 pence per share, Bloomberg News reported on Thursday, citing people familiar with the matter...
Fraport to sell stake in St. Petersburg airport to Middle Eastern investor
German airport operator Fraport on Thursday said it is close to completing the sale of its 25% stake in St. Petersburg airport Pulkovo to Middle East-based investor Orbit Aviation LLC. The proceeds from the deal, which...
CyberProof Acquires Interpres Security to Bolster Its Cybersecurity Portfolio
CyberProof Inc., a UST company, announced today the acquisition of Interpres Security, a Gartner-recognized vendor in Continuous Threat Exposure Management (CTEM) and Automated Security Control Assessments (ASCA). This...
