CCI approves Bayer's acquisition of Monsanto


NEW DELHI Competition Commission of India (CCI) said on Tuesday it had approved the acquisition of U.S. seed major Monsanto Co by Bayer AG, in a decision that moves the mega deal a step closer toward the finish line.

Australia's Santos rejects Harbour Energy's final $10.8 billion takeover offer 2:50pm IST

Australia's Santos said on Tuesday it terminated discussions with Harbour Energy and rejected the U.S.-based firm's final takeover offer of $10.8 billion.

Sony to become world's No.1 music publisher with $2.3 billion EMI deal 12:06pm IST

TOKYO Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services.

Adobe to buy Magento Commerce for $1.68 billion 11:04am IST

Adobe Systems Inc said on Monday it would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade.

LaSalle Hotel accepts Blackstone's $3.7 billion cash offer 21 May 2018

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust.

Australia's Santos gets final sweetened $10.8 billion bid from Harbour Energy 21 May 2018

U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia's Santos Ltd on Monday, hiking its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.

GE to merge transportation unit with Wabtec in $11.1 billion deal 2:07am IST

General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp, with GE and its shareholders owning just over half of the combined business. | Video

Exclusive: Ousted MGM CEO explores bid for the U.S. movie studio - sources 6:21am IST

Former MGM Holdings Inc Chief Executive Officer Gary Barber, who was ousted earlier this year, is speaking to investment banks about financing an offer to acquire the privately held U.S. movie studio, five people familiar with the matter said on Monday.

Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel 18 May 2018

India's Tata Steel Ltd said on Friday it had completed the acquisition of a 72.7 percent stake in Bhushan Steel Ltd, which was in bankruptcy court over unpaid loans.

PayPal expands retail payments with $2.2 billion iZettle buy 18 May 2018

NEW YORK/STOCKHOLM PayPal Holdings Inc has agreed to buy Swedish financial technology startup iZettle for $2.2 billion in the U.S. online payments provider's biggest ever acquisition.