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Mergers & Acquisitions

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Futures exchange operator CME Group Inc (CME) and GFI Group Inc (GFIG) on Friday announced that they have each determined to terminate their previously announced merger agreement following today's special meeting of GFI shareholders. Preliminary results from the GFI shareholder meeting held earlier...

Interdealer broke BGC Partners, Inc. (BGCP) on Friday issued a statement following the conclusion of the special meeting of rival GFI Group Inc. (GFIG) where, based on preliminary tabulation by the independent inspector, shareholders rejected the proposed merger agreement with futures exchange operator...

PPG Industries (PPG) said that it has submitted an offer to acquire a majority interest in the aerospace and automotive sealants businesses of Le Joint Français or LJF. Financial terms were not disclosed. LJF is a supplier of sealants and adhesives products for the aerospace and automotive industries...

Qatar Airways announced that it has acquired a 9.99 percent stake in International Airlines Group or IAG. Both IAG and Qatar Airways have a close relationship already as part of theoneworld alliance and IAG welcomes Qatar Airways' statement that it would look to strengthen existing commercial ties. Commenting...

BOC Hong Kong (Holdings) Ltd. (BNKHF.PK, BHKLY.PK), an investment holding company, is considering a sale of its Nanyang Commercial Bank Ltd. or NCB unit in $6 billion deal as it aims to streamline operations in China, media reported Thursday, citing people familiar with the matter. BOC is also considering...

Manitowoc Co., Inc. (MTW), a manufacturer of foodservice equipment, cranes and ships, on Thursday reported a 61 percent surge in profit for the fourth quarter from last year despite lower sales. However, results for the quarter missed analysts' expectations. In a separate statement, Manitowoc said...

Apco Oil and Gas International Inc. (APAGF) said that it had completed its merger with Pluspetrol Black River Corporation, a wholly-owned subsidiary of Pluspetrol Resources Corporation, in an all-cash transaction with an equity value of about $427 million. In connection with the transaction, Apco...

Candy maker Hershey Co. (HSY) has inked an agreement to acquire KRAVE Pure Foods, Inc., manufacturer of KRAVE jerky, a leading all-natural snack brand of premium jerky products. The transaction would allow Hershey to tap into the rapidly growing meat snacks category and further expand into the broader...

BGC Partners, Inc. (BGCP), a global brokerage company servicing the financial and real estate markets, re-affirmed its commitment to the all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (GFIG) for $6.10 a share. The firm has delivered an executed and binding tender...

Imperial Tobacco Group PLC (IMT.L) said Wednesday that at the general meeting of the company, its shareholders have approved the company's proposed acquisition of certain U.S. cigarette and e-cigarette brands and assets currently owned by Reynolds American Inc. (RAI) and Lorillard, Inc. (LO). The...

Sun Life Investment Management and Ryan Labs Asset Management on Wednesday announced today an agreement whereby Sun Life Financial Inc (SLF, SLF.TO) will purchase Ryan Labs Inc of New York City from the firm's current owners. he transaction is expected to close in the first quarter of 2015, subject...

Tobacco company Lorillard Inc (LO) on Wednesday said its shareholders voted overwhelmingly to approve the company's merger with Reynolds American Inc (RAI). The final results indicate that more than 98% of the shares voting at the special meeting voted in favor of the merger, representing about 80%...

Meredith Corp. (MDP) announced it has reached an agreement to acquire Shape magazine and the digital assets of the Shape, Natural Health, and Fit Pregnancy brands from American Media. Financial terms of the deal were not disclosed. The company said the transaction will be accretive to its fiscal 2015...

TEConnectivity-012815.jpg Diversified electronics maker TE Connectivity Ltd. agreed Wednesday to sell its broadband network solutions or BNS business unit to telecommunications company CommScope Holding Co., Inc. in an all-cash deal valued at about $3 billion. The sale will enable TE to focus on providing leading connectivity and sensor solutions, particularly harsh environment connectivity.

W. P. Carey Inc. (WPC), a real estate investment trust or REIT specializing in corporate sale-leaseback financing, build-to-suit construction financing and the acquisition of single-tenant net lease properties, reported acquiring a portfolio of 73 automotive retail facilities located throughout the UK,...

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