Fox shareholders approve Walt Disney’s $71 billion deal

NEW YORK (Reuters) – Twenty-First Century Fox Inc (FOXA.O) said on Friday its shareholders voted to approve Walt Disney Co’s (DIS.N) $71 billion purchase of its film and television assets. The Twenty-First Century Fox Studios flag flies over the company building in Los Angeles, California U.S. November 6, 2017. REUTERS/Lucy Nicholson Results were announced at a special shareholders’ meeting held […]

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China says it is still open to talks on scrapped Qualcomm-NXP takeover

SHANGHAI (Reuters) – China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion takeover of NXP Semiconductors, after finding that proposals to address the issue had fallen short. FILE PHOTO: The logo of Qualcomm is seen during the Mobile World Congress in Barcelona, Spain February 27, 2018. REUTERS/Yves Herman/File PhotoU.S.-based […]

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Qualcomm says it will drop NXP bid, barring last-second reprieve

BEIJING/NEW YORK (Reuters) – Qualcomm Inc (QCOM.O), the world’s biggest maker of chips for mobile phones, on Wednesday said it intends to drop its bid to buy Dutch chipmaker NXP Semiconductors (NXPI.O) after so far failing to secure approval from China against the backdrop of wider Sino-U.S. trade tensions. FILE PHOTO: A sign on the Qualcomm campus is seen in […]

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China keeps Qualcomm guessing on NXP fate as bid enters final hours

BEIJING/NEW YORK (Reuters) – Qualcomm Inc (QCOM.O) is yet to win China’s nod to buy Dutch chipmaker NXP Semiconductors (NXPI.O) even as a deadline for the offer to expire is just hours away, raising the prospect the deal could be scuppered amid Sino-U.S. trade tensions. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. […]

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Vietnam’s M&A deals value seen at $6.5 billion to $6.9 billion in…

HANOI (Reuters) – Vietnam’s total mergers-and-acquisitions (M&A) deal value this year could be in a range of $6.5 billion to $6.9 billion, down from a record $10.2 billion in 2017, the government said on Tuesday citing industry data. Vietnam was home to one of Asia’s quickest-growing stock markets last year with 48 percent growth, backed by some major stake sales […]

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Blackstone wins EU approval to buy Thomson Reuters unit

BRUSSELS (Reuters) – U.S. private equity firm Blackstone Group (BX.N) has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk unit, the European Commission said on Monday. FILE PHOTO – The logo of Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange […]

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Saudi Aramco aims to buy controlling stake in SABIC: sources

DUBAI (Reuters) – Saudi Aramco aims to buy a controlling stake in petrochemical maker SABIC 2010.SE, possibly taking the entire 70 percent stake owned by Saudi Arabia’s sovereign wealth fund, two sources familiar with the matter told Reuters. FILE PHOTO: General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File […]

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Japan’s Takeda gains U.S. approval for $62 billion Shire buy

TOKYO (Reuters) – Takeda Pharmaceutical Co Ltd on Tuesday said it has received U.S. approval for its $62 billion acquisition of London-listed Shire Plc, taking the Japanese firm one step closer to its goal of becoming a global top 10 drugmaker. Shire branding is seen outside their offices in Dublin, Ireland, April 25, 2018. REUTERS/Clodagh KilcoyneTakeda in a press release […]

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Takeda gets key U.S. regulatory approval to buy Shire

TOKYO (Reuters) – Japan’s Takeda Pharmaceutical Co Ltd said on Tuesday it received a key U.S. regulatory approval for its $62 billion deal to buy London-listed Shire Plc. Shire branding is seen outside their offices in Dublin, Ireland, April 25, 2018. REUTERS/Clodagh KilcoyneTakeda has received unconditional clearance from the United States Federal Trade Commission for the Shire deal, the drugmaker […]

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