Samsung heir apparent moves to tighten grip on group firms

Samsung Group heir apparent Jay Y. Lee is moving to acquire small stakes in two of the group's financial firms, which analysts say will help the scion solidify control of South Korea's largest conglomerate as a succession looms.


Valeant ready to raise Allergan bid to at least $200/share

Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) on Monday said in a letter to Allergan Inc's (AGN.N) board of directors that it was prepared to raise its offer to at least $200 per share but stopped short of doing so.

Cutrale-Safra wins takeover battle for fruit producer Chiquita

Chiquita Brands International Inc (CQB.N) agreed on Monday to a $682 million takeover by Brazilian juice maker Grupo Cutrale and investment firm Safra Group, with the U.S.-based banana producer going private early next year at the latest.

China trainmakers CSR, CNR in talks to merge: state media

China's top trainmakers, China CNR (601299.SS)(6199.HK) and CSR Corp (601766.SS)(1766.HK), are planning to merge as the country aims to promote its high-speed train technology abroad, the China Securities Journal reported on Tuesday.


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Japan's Fujifilm Holdings Corp said on Monday it would buy 49 percent of Texas-based Kalon Biotherapeutics LLC, which has expertise in manufacturing vaccines used against pandemic influenza, Ebola and other public-health threats.
British holidays and airline company Monarch has been acquired by investment firm Greybull Capital which will pump 125 million pounds ($201 million) into the company as it turns itself into a budget airline.
U.S. TV startup Roku Inc is working on plans to confidentially file for an initial public offering, the Wall Street Journal reported, citing people familiar with the matter.
South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday.
Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.
Panasonic Corp (6752.T) plans to sell its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores (WMT.N), to Funai Electric (6839.T) as it steps back from unprofitable businesses, the Nihon Keizai newspaper reported.
Panasonic Corp plans to sell its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores, to Funai Electric as it steps back from unprofitable businesses, the Nihon Keizai newspaper reported.
Hewlett-Packard Co (HPQ.N) has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation.
Amgen Inc (AMGN.O), one of the world's largest biotechnology companies, will unveil next week its first strategy update since early 2013, but few expect a major shift like the split-up recently proposed by Daniel Loeb's Third Point hedge fund.
Procter & Gamble Co (PG.N) said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands.
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