Burgers and coffee: It’s not the worst thing in the world, but it probably wouldn’t be your first choice for a meal either, right? That’s how I feel about the merger between Burger King and Tim...
Macquarie Group Offers Up to A$7.3 Billion for Tatts
Macquarie Group Ltd. and a group of investors offered as much as A$7.3 billion ($5.5 billion) for Australian betting and lotteries business Tatts Group Ltd. in an attempt to scuttle a rival proposal from Tabcorp...
Anthem-Cigna Merger Goes to Judge for Ruling That Could End Deal
The first phase of the U.S. Justice Department’s lawsuit to halt Anthem Inc.’s planned takeover of rival insurer Cigna Corp. is in the hands of a federal judge after the government wrapped up its arguments Tuesday that...
Gold Turnaround King Follows Biggest Deal With Plan for More
The mastermind behind the biggest overseas acquisition by a South African mining company for 15 years promises more to come. “There must be more expansion,” Sibanye Gold Ltd. Chief Executive Officer Neal Froneman, 56...
Tencent Is on the Lookout for Hollywood Deals
Tencent Pictures, the film unit of China’s biggest internet company, is looking for acquisitions that can accelerate plans to make its own blockbusters instead of just writing checks for them. The potential targets...
Abbott Files Suit to Terminate $5.8 Billion Alere Purchase
Abbott Laboratories filed suit to terminate its $5.8 billion purchase of Alere Inc., citing setbacks since the deal was signed in January that it says have significantly eroded the value of the medical-test maker. The...
Alaska Air Wins U.S. Approval for Virgin America Takeover
Alaska Air Group Inc. won U.S. antitrust approval for its acquisition of Virgin America Inc., a takeover that extends years of consolidation in the industry and expands Alaska Air’s access to the lucrative cross-country...
Aetna’s Remedy to Salvage Humana Deal Draws Fire From U.S.
Aetna Inc.’s proposal to salvage its $37 billion takeover of Humana Inc. by selling assets to a smaller company isn’t convincing the Justice Department, which told a federal judge that the remedy poses risks for seniors...
Deutsche Bank Extends South Africa M&A Streak With Beer Megadeal
Deutsche Bank AG is heading for its best annual performance in South Africa after winning a key role on the biggest beer acquisition in history. Sharing in the work on Anheuser-Busch InBev’s $104 billion takeover of...
Tesla Seals $2 Billion SolarCity Deal
Elon Musk’s Tesla Motors Inc. officially moved beyond cars and became a clean-energy company Thursday, as shareholders overwhelmingly approved the acquisition of SolarCity Corp. The deal, valued at about $2 billion...
Estee Lauder to Buy Makeup Brand Too Faced for $1.45 Billion
Estee Lauder Cos., making the biggest acquisition in its history, agreed to buy cosmetics company Too Faced for about $1.45 billion, scooping up a makeup brand that’s popular with millennials. Too Faced, which is...
Samsung Buys Harman to Remain Ally, Not Threat, to Carmakers
One of the first things Samsung Electronics Co. President Young Sohn said when talking about the South Korean company’s $8 billion deal to buy Harman International Industries Inc. is that the electronics giant has no...
