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Mergers & Acquisitions

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Whirlpool Corp. (WHR) said Friday that it has completed its acquisition of American Dryer Corp., a privately held company that manufactures and markets coin-operated, on-premise, industrial and specialty laundry equipment. The deal was originally announced in May. The acquisition gives Whirlpool's...

Axalta Coating Systems Ltd. (AXTA) said Friday that it has completed the acquisition of Metalak Benelux B.V. For more than 60 years, Metalak has been the exclusive distributor of Axalta's Spies Hecker refinish coating products sold in the Netherlands and in Flanders, Belgium. Formerly a privately...

Eckoh Plc (ECK.L), a provider of secure payment products and customer service solutions, Friday announced that it does not intend to proceed with the proposed acquisition of Netcall (NET.L). Both Eckoh and Netcall shares were losing in the early morning trading in London. It was on June 25 that the...

Aetna-Acquire-Humana-070315.jpg Health insurers Aetna Inc. and Humana Inc. Friday said they have entered into a definitive agreement, under which Aetna would acquire Humana for a combination of cash and stock valued at about $230 per Humana share or $37 billion in total. The transaction is expected to be neutral to Aetna's 2016 operating earnings per share.

Spanish lender Banco Santander SA (BNC.L, BSBR, SAN) announced Friday that it has reached an agreement to acquire the stake held by DDFS LLC in Santander Consumer USA Holdings Inc, representing 9.68 percent of the such company, for $928 million. Following this transaction, Santander's stake in SCUSA...

Health insurer Aetna, Inc. (AET) is nearing a $34 billion cash and stock deal to buy smaller peer Humana, Inc. (HUM), according to a Bloomberg report late Thursday. Humana is the second-largest provider of private Medicare insurance, with 3.2 million Medicare Advantage members. The companies are expected...

Aetna Inc. (AET) is nearing an agreement to acquire smaller rival Humana Inc.(HUM) for about $34 billion in cash and stock, reports said, citing people with knowledge of the matter. The companies have been in talks for two weeks and could announce a transaction as soon as this weekend, reports specified. Aetna...

The Kraft Heinz Co (KHC) on Thursday announced the completion of the merger between Kraft and Heinz. The merger creates the third-largest food and beverage company in North America and the fifth-largest in the world. Kraft Heinz Co is expected to generate sales of about $28 billion with eight $1 billion...

Anglo-Dutch consumer goods giant Unilever (UL, ULVR.L, UN) said Thursday that it has agreed to buy U.S. skincare company Murad. Terms of the deal were not disclosed. Founded in 1989 in Los Angeles, Murad is the first modern doctor brand, with a mission to provide proven, efficacious products....

NXP Semiconductors N.V. (NXPI) held an Extraordinary General Meeting of Shareholders and Freescale Semiconductor, Ltd. (FSL) held a Special General Meeting Thursday on NXP's acquisition of Freescale. Both NXP's Special Meeting and Freescale's Special General Meeting approved the merger proposal with...

Great-West Lifeco Inc (GWO.TO) on Thursday said its European subsidiary, Canada Life Group, has completed the acquisition of Legal & General International (Ireland) Ltd ("LGII"). Terms of the transaction were not disclosed. Launched in 2007, LGII was a subsidiary of Legal & General Group Plc and is...

Indian pharmaceuticals company Lupin Ltd on Thursday announced the acquisition of ZAO "Biocom" in Russia subject to certain closing conditions. The deal marks Lupin's foray into the robust Russian pharmaceutical market. Established in 1991, Biocom is a generic pharmaceutical company with focus...

German potash maker K+S Aktiengesellschaf or K+S Group's Board of Executive Directors and the Supervisory Board on Thursday rejected the unsolicited takeover proposal received from Canadian fertilizer giant Potash Corp of Saskatchewan, Inc. or PotashCorp (POT, POT.TO) after a thorough review of all aspects...

Potash maker K+S Group (SDFG) Thursday said its Board of Executive Directors and the Supervisory Board have decided to reject the unsolicited proposal of Potash Corporation of Saskatchewan Inc. (POT, POT.TO) to acquire all outstanding shares of K+S Aktiengesellschaft for 41 Euro per share. The group...

Centene-healthnet-070215.jpg Healthcare plan provider Centene Corp. Thursday said it agreed to acquire managed health care company Health Net, Inc. in a cash and stock deal valued at about $6.8 billion, including assumed debt of about $500 million. The deal will add to earnings in the first year and will enable Centene to extend its competitiveness as one of the largest plans covering government-sponsored programs in the U.S.

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