Reuters: Deals

MetLife eyes $15 billion deal for AIG unit

Wed, 10 Feb 2010 06:23:47 -0500

NEW YORK (Reuters) - MetLife Inc plans to pay American International Group Inc in stock and cash for American Life Insurance Co (Alico), as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter said on Tuesday.

Airgas rejects latest offer from Air Products

Wed, 10 Feb 2010 06:25:23 -0500

NEW YORK (Reuters) - Airgas Inc formally rejected a takeover offer from Air Products and Chemicals Inc on Tuesday, saying the $5.1 billion offer significantly undervalues the industrial gas company, a position the bidder immediately called "remarkable."

Micron to acquire Numonyx for $1.27 billion

Tue, 09 Feb 2010 21:37:34 -0500

SAN FRANCISCO (Reuters) - Micron Technology Inc said it is acquiring privately held Numonyx Holdings B.V. on Tuesday in an all-stock deal valued at about $1.27 billion.

Is China stalling over Hummer buy?

Wed, 10 Feb 2010 09:33:29 -0500

BEIJING/NEW YORK (Reuters) - A Chinese machinery maker's acquisition of General Motors Co's loss-making Hummer brand could be stalling as Beijing frets that a failure to turn around the macho gas-guzzler may dent China's image abroad.

Camargo buys Cimpor stake, dampening bid war noise

Wed, 10 Feb 2010 08:17:49 -0500

LISBON (Reuters) - Construction firm Camargo Correa said on Wednesday it will buy a 22 percent stake in Cimpor , in a billion euro deal that dimmed prospects of a Brazil-based bid battle for the Portuguese cement maker.

Kirin to keep at M&A after botched Suntory deal

Wed, 10 Feb 2010 06:37:20 -0500

TOKYO (Reuters) - The new president of Kirin Holdings said he would actively pursue acquisitions and alliances to drive earnings growth after talks with rival brewer Suntory on a merger fell apart.

In struggle for Airgas, entrenched personalities

Wed, 10 Feb 2010 07:04:52 -0500

NEW YORK (Reuters) - Peter McCausland likes to unwind by racing his 33-foot International One Design sail boat in Nantucket Sound, sometimes to victory.

3i CEO says considering bids for UK govt assets

Wed, 10 Feb 2010 09:18:18 -0500

BERLIN (Reuters) - Private equity firm 3i Group is considering bidding for assets being sold by the British government, the group's chief executive said, as the UK looks to sell billions of pounds of assets to cut debt.

Reckitt says chance of big M&A "extremely remote"

Wed, 10 Feb 2010 08:48:11 -0500

LONDON (Reuters) - Bart Becht, Chief Executive of consumer goods group Reckitt Benckiser , says the chances of big takeover deals are "extremely remote" in his industry, despite recent talk of a link-up with Colgate-Palmolive .

Uralchem joins growing Russian IPO queue

Wed, 10 Feb 2010 06:39:21 -0500

MOSCOW (Reuters) - Fertilizer producer Uralchem could list its shares in March or April, banking industry sources told Reuters on Wednesday, as multi-billion dollar Russian firms queue up to sell shares to the public.