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Japan's Sumitomo Mitsui Banking Corp. is nearing a deal to buy General Electric Co.'s (GE) European private-equity finance business, the Wall Street Journal reported citing people familiar with the matter. SMBC is expected to pay more than $2 billion for the unit, known as a sponsors unit and which...

Hikma Pharmaceuticals Plc. (HIK, HIK.L) is among bidders for Boehringer Ingelheim GmbH's Roxane Labs business in the U.S., Bloomberg reported citing people familiar with the matter. The report said that other potential buyers for the generic pharmaceutical unit, which may fetch as much as 2 billion...

X2 Resources, the private-equity firm founded by former Xstrata Chief Executive Officer Mick Davis, is in talks to buy Rio Tinto's (RTPPF.PK, RIO.L, RIO, RTNTF.PK) controlling stake in three Australian coal mines, reports said citing two people familiar with the matter. According to the reports, the...

H.J. Heinz Company said that today's announcement of The Kraft Heinz Company's senior leadership team marks another major milestone in the soon-to-be-completed merger. Effective upon the close of the merger transaction, The Kraft Heinz Company senior leadership team is: Paulo Basilio is appointed...

AT&T Inc. (T) and DirecTV (DTV) elected to further extend the "Termination Date" of the Merger Agreement for a short period of time to facilitate obtaining final regulatory approval required to close the merger. AT&T expects that the merger will be consummated shortly. AT&T agreed in mid-May 2014...

The U.S. Securities and Exchange Commission charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called "broken deal" expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to pay nearly $30 million to settle the charges, including...

Integrated Silicon Solution Inc. (ISSI) said that its stockholders approved the acquisition of ISSI by Uphill Investment Co. for $23.00 per share in cash pursuant to the merger agreement between ISSI and Uphill dated as of March 12, 2015, as amended. ISSI and Uphill expect the acquisition to close...

Advanced Energy Industries, Inc. (AEIS) said that it has made a strategic decision to focus solely on its Precision Power business and wind down its Solar Inverter business, which is operated under AE Solar Energy Inc., AEI Power GmbH and their subsidiaries. Advanced Energy expects to record a pre-tax...

Celgene Corp. (CELG) and Juno Therapeutics, Inc. (JUNO) on Monday announced a global collaboration for the development and commercialization of immunotherapies. The two companies will leverage T cell therapeutic strategies to develop treatments for patients with cancer and autoimmune diseases with...

Synopsys, Inc. (SNPS) said Monday that it has acquired Elliptic Technologies, a provider of security IP cores and software solutions for mobile, automotive, digital home, Internet of Things and cloud computing applications. The deal, terms of which were not disclosed, is not material to Synopsys...

Wi-Lan Inc. (WILN) said Monday that James Skippen plans to retire from his position as President and Chief Executive Officer of the company, starting an orderly leadership transition over the next year. Skippen has agreed to stay on as President and Chief Executive Officer until such time as a suitable...

AOL Inc. and Microsoft (MSFT) on Monday announced a global, enterprise-level partnership where AOL will assume management and sales responsibility for all of Microsoft's display, mobile and video advertising inventory in nine markets -- the United States, the United Kingdom, Canada, Brazil, France,...

Apollo Education Group Inc. (APOL), a for-profit education provider, Monday reported a drop in profit for the third quarter as revenues continue to slip on lower student enrollments. Looking ahead, Apollo lowered its revenue guidance for the full year, sending its shares down five percent in the after...

FibroGen, Inc. (FGEN) said Monday that it has received a scheduled $120.0 million non-contingent license payment from AstraZeneca AB under its collaboration agreements with AstraZeneca for roxadustat in the United States, China and certain other territories. In addition to the non-contingent license...

CHC Group Ltd. (HELI), the parent company of CHC Helicopter, reported a net loss for the fourth quarter of $108 million or $2.15 per share, compared to a net loss of $23 million or $0.29 per share for the year-ago quarter. Excluding items, adjusted net loss for the fourth quarter was $32 million or...

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