Coverage: Unilever wants to buy Jessica Alba’s company for $1 billion
Unilever PLC is in talks to acquire Honest Co., the consumer products e-retailer co-founded by actress Jessica Alba, according to media reports. Serena Ng and Sharon Terlep of The Wall Street Journal had the news: Unilever, maker of Dove soaps and Axe body sprays, is discussing a deal valued at over $1 billion but significantly less than the […]
Coverage: Bayer is buying Monsanto in $66 billion deal
Bayer AG announced Wednesday that it will acquire Monsanto Co. for $66 billion in one of the biggest deals ever, but there’s some concern about whether regulators will approve transaction. Diane Bartz and Greg Roumeliotis of Reuters examined the politically charged landscape: Monsanto and Bayer “have chosen to do a deal in the year of merging dangerously,” said David Balto, […]
Coverage: HP buying Samsung’s printer business
HP Inc. agreed Monday to buy Samsung Electronics Co.’s printer business for $1.05 billion in a deal designed to bolster its offerings in the market for high-volume devices that handle printing and copying for office work groups. Don Clark and Eun-Young Jeong of The Wall Street Journal had the news: The transaction, which is subject to regulatory approval, is expected […]
Coverage: Bayer ups its offer to buy Monsanto
Bayer AG is willing to up its offer to acquire Monsanto Co. to $127.50 a share, and it’s apparently in advanced negotiations to acquire the U.S.-based seed company. Adam Samson of the Financial Times had the news: Germany’s Bayer said in a statement that “while key terms and conditions have not yet been agreed”, it would […]
Reuters seeks M&A reporter in New York
Reuters is looking for an enterprising and resourceful M&A reporter to be part of its deals team in New York. The successful candidate will be breaking news on the biggest deals in the energy and financial services sectors. The job requires a reporter with a deep understanding of how companies and dealmakers operate and transact. […]
Coverage: Two fertilizer companies in talks to combine
Canadian fertilizer giants Agrium Inc. and Potash Corp. are in talks about a possible merger of equals that would create a company worth $28 billion as the industry contends with lower earnings. Ben Dummett of The Wall Street Journal has the news: For the first six months of this year, Agrium’s retail business generated sales of $8.1 billion, […]
Coverage: Mondelez walks away from Hershey
Mondelez International Inc. ended its bid to acquire Hershey Co.after the famed chocolate-bar maker rebuffed a new takeover offer and indicated it would be difficult to strike a deal before next year. Jess Stynes and Dana Cimulluca of The Wall Street Journal had the news: Mondelez said in a statement after the market closed Monday that it determined […]
Coverage: Pfizer buying Medivation for $14 billion
Pfizer Inc., beating out numerous other bidders, said Monday that it agreed to buy U.S. drug company Medivation Inc. for $14 billion, expanding its prostate cancer drug business. Ransdell Pierson and Ankur Banerjee of Reuters had the news: Medivation shares jumped nearly 20 percent to close at $80.42, just shy of the offer price of $81.50 […]
Coverage: Univision buys Gawker for $135 million
Univision won the bidding for blogging news company Gawker, paying $135 million for Nick Denton’s company forced into bankruptcy court protection after it lost a lawsuit for invasion of privacy from wrestler Hulk Hogan. Peter Kafka of Recode has the news: The TV network and digital publisher has agreed to pay $135 million for the bankrupt […]
Coverage: Disney buys stake in baseball streaming service
Walt Disney Co. announced Tuesday that it was spending $1 billion to buy a stake in the Major League Baseball streaming service, adding to its ESPN sports business. Ben Fritz and Shalini Ramachandran of The Wall Street Journal had the news: One year after its shares began a 12% slide driven by concerns over ESPN’s growth trajectory, Walt […]
