Deals

U.S. drugmaker AbbVie finally wins Dublin's Shire with $55 bln deal

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LONDON - U.S. drugmaker AbbVie Inc bought Dublin-based Shire Plc on Friday in a 32 billion pound ($54.7 billion) deal that will allow it to slash its tax bill by relocating to Britain.

Murdoch says he cannot buy Tribune or LA Times 19 Jul 2014

LOS ANGELES - Twenty-First Century Fox cannot buy publisher Tribune Co or its Los Angeles Times newspaper, Fox Chief Executive Rupert Murdoch wrote on Twitter on Friday, citing U.S. laws on media ownership.

BSkyB prepares to roll the dice again with European expansion 18 Jul 2014

LONDON/MILAN/FRANKFURT - BSkyB's plan to buy Rupert Murdoch's pay-TV assets in Italy and Germany for perhaps as much as 10 billion euros is a bold bet on long-term growth at the expense of short-term profit, but the pioneering British media firm has pulled off such gambles before.

Murdoch is pouncing on Time Warner while rivals are distracted 18 Jul 2014

NEW YORK - Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc , cornering the media giant at a time when potential "white knight" bidders are busy absorbing their own large deals.

General Atlantic in talks to buy stakes in Just Dial, Info Edge - sources 18 Jul 2014

MUMBAI - U.S. private equity firm General Atlantic is in talks to buy a 2 to 5 percent stake each in India's Just Dial Ltd and Info Edge India Ltd , two sources with direct knowledge of the discussions said on Friday.

Tata Power signs option deal to sell 5 percent in Indonesian coal miner 04 Jul 2014

MUMBAI - Tata Power Company Ltd said on Friday it has signed an option deal to sell a 5 percent stake in coal miner PT Kaltim Prima Coal (KPC) to a unit of Indonesian conglomerate Bakrie Group to reduce debt and improve cash flow.

Oracle looks to boost growth with biggest deal in 5 years 23 Jun 2014

REUTERS - Oracle Corp said it would buy Micros Systems in a $5.3 billion deal as the world's No.2 business software maker looks to boost flagging growth through acquisitions.

Medtronic to buy Covidien for $42.9 billion, rebase in Ireland 16 Jun 2014

REUTERS - U.S. medical device maker Medtronic Inc said on Sunday it had agreed to buy Covidien Plc for $42.9 billion in cash and stock and move its executive base to Ireland in the latest transaction aiming for lower corporate tax rates abroad.

Maruti sees $1.8 billion savings on Suzuki agreement 06 Jun 2014

NEW DELHI - Maruti Suzuki India Ltd, the country's biggest car maker, said it expected a saving of about 105 billion rupees over 15 years by entering into a contract manufacturing agreement with parent Suzuki Motor Corp.

Twitter in talks to buy online music firm SoundCloud - FT 05 Jun 2014

REUTERS - Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.

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