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Deals

Symantec to acquire LifeLock for $2.3 billion

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Symantec Corp said it would acquire U.S. identity theft protection services company LifeLock Inc for $2.3 billion, in a deal that it hopes will prop up sales at its Norton cybersecurity unit.

Chinese buyers expect closure of AC Milan deal by Dec. 13 18 Nov 2016

MILAN The Chinese consortium seeking to buy Italian football club AC Milan expects to conclude the deal by Dec. 13, it said in a statement on Thursday.

Oracle to buy internet infrastructure provider Dyn 21 Nov 2016

Business software maker Oracle Corp said on Monday it would buy Dyn, a monitor of global internet performance and traffic, to allow cloud customers to optimize their infrastructure costs and increase web-driven revenue.

U.S. FCC approves Verizon acquisition of Icahn's XO Communications 17 Nov 2016

WASHINGTON The U.S. Federal Communications Commission has approved Verizon Communications Inc's $1.8 billion acquisition of Carl Icahn's XO Communications fibre-optic business, an agency order published on Thursday said.

China-backed bid wins Mexico tender for major telco network 18 Nov 2016

MEXICO CITY Mexico has declared a Chinese-backed group winner of a tender to build and run a multi-billion dollar wholesale mobile network, the first major new investment announced in the country since Donald Trump's U.S. election victory.

Milan official wants clarity on AC Milan's Chinese owners 17 Nov 2016

MILAN An anti-Mafia official at Milan's city council called on Wednesday for the Chinese buyers of soccer club AC Milan to reveal their identities, saying town hall would notify anti-money laundering authorities if there was not full disclosure.

Brazil regulator approves Qatar Airways' buy of LATAM Airlines stake 17 Nov 2016

SANTIAGO LATAM Airlines said on Wednesday that Brazil's competition regulator Cade has given the green light for Qatar Airways to purchase a stake in the Chile-headquartered regional carrier.

Exclusive - EU regulators seen clearing $25 billion Abbott, St Jude deal: source 16 Nov 2016

EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories' $25 billion bid for rival St. Jude Medical Inc, a person familiar with the matter said on Tuesday.

U.S. sues to stop EnergySolutions from buying smaller rival 17 Nov 2016

WASHINGTON The Justice Department filed a lawsuit on Wednesday aimed at stopping EnergySolutions from buying rival Waste Control Specialists, the agency said in a statement.

Viacom buys Argentine broadcaster from Telefonica for $345 million 16 Nov 2016

Viacom Inc , the owner of Comedy Central, Nickelodeon and MTV, said on Tuesday it had bought Argentine broadcaster Television Federal SA (Telefe) from telecom carrier Telefonica SA for $345 million in cash.