Northeast Utilities is buying NSTAR for about $4 billion in a no-premium deal. The companies agreed to a stock-for-stock merger of equals with a total enterprise value of $17.5 billion to create a company with nearly 3.5 millio…
Medical device company St. Jude Medical (STJ) will buy AGA Medical Holdings Inc (AGAM) for $1.3 billion, or $20.80 per share.
AGA Medical makes devices to treat heart problems through transcatheter treatments, St Jude Medical said today in a statement.
The deal “will create a clear leader in the structural heart market, making St. Jude Medical the only company with programs across…
Continue reading St. Jude Medical to Buy AGA Medical for $1.3 Billion
St. Jude Medical to Buy AGA Medical for $1.3 Billion originally appeared on DailyFinance on Mon, 18 Oct 2010 07:38:00.
Filed Under: Company News, Technology, Health Care
BHP Billiton (BHP) and Rio Tinto (RIO) gave up on plans to form the world’s biggest iron-ore exporter, citing regulatory requirements.
Regulators in Asia and Europe wanted the companies to implement changes, including asset sales, that the companies could not accept, Bloomberg News said. The regulators were worried that the deal would limit competition.
BHP and Rio, the world’s…
Continue reading BHP, Rio Scrap Plans to Form World’s Biggest Iron Ore Exporter
BHP, Rio Scrap Plans to Form World’s Biggest Iron Ore Exporter originally appeared on DailyFinance on Mon, 18 Oct 2010 07:00:00.
Filed Under: Company News, Technology
Rumors are circulating that Oracle is considering buying data storage giant EMC for $50 billion. There are four tests to determine whether a merger has a chance to succeed: Does this one pass or fail?
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Walmart has renewed its efforts to purchase Russian supermarket chain Kopeika, following reports that competing Russian grocer X5’s interest in acquiring it has waned, according to Reuters.
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