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Federal Competition Bureau allows H.J. Heinz-Kraft Foods merger deal

2015-06-18 01:22:48| Food - Topix.net

The Competition Bureau has given its OK to the proposed merger of H.J. Heinz Co. and Kraft Foods Group.

Tags: deal federal competition bureau

 

Exclusive: GM and FCA line up financial advisers in merger stand-off

2015-06-17 23:44:40| Automakers - Topix.net

LONDON/MILAN/DETROIT: General Motors and Fiat Chrysler Automobiles have turned to investment banks for help to deal with a stand-off as FCA seeks to force a merger with its Detroit-based rival, according to sources familiar with the matter. GM is being advised by Goldman Sachs , while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.

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Dow Chemical (DOW) Stock Gains Following Expiration of Chlorine Unit Merger Lockup Period

2015-06-17 21:50:14| Chemicals - Topix.net

The waiting period is required under federal antitrust regulations and the expiration was one of the closing conditions of the $5.4 billion merger that was first announced on March 27. "We are one step closer to combining the world-class assets and people of Dow and Olin taking our business to an entirely new level in terms of scale, integration, cost-advantaged feedstocks, and a broad and diverse end-uses portfolio, ultimately creating value for our customers," said Olin CEO Joseph Rupp.

Tags: period stock unit chemical

 

U.S. Justice Dept. Signs Off on Nokia-Alcatel-Lucent Merger

2015-06-17 20:11:37| Telecom - Topix.net

The U.S. Justice Department has granted early termination of the antitrust waiting period for the proposed merger of Nokia and Alcatel-Lucent, clearing the way for the companies' transaction. "Early termination of the U.S. antitrust waiting period takes us one important step closer to the closing of the pending transaction," Nokia wrote in a statement.

Tags: justice signs dept merger

 

$70bn Shell-BG merger wins approval from US FTC

2015-06-17 01:00:00| Hydrocarbons Technology

US Federal Trade Commission has given anti-trust regulatory clearance to Royal Dutch Shells proposed $70bn acquisition of UK based natural gas firm BG Group.

Tags: approval wins merger ftc

 

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