Mergers & Acquisitions
Investor group aims to buy Adidas' Reebok unit
An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday.
Buyers preparing bids for U.S. shopping mall owner AmREIT
Several potential buyers are preparing bids for U.S. shopping mall owner AmREIT Inc that could value the company as much as $26 a share, the Financial Times said on Saturday.
Danone decides on Mead Johnson as takeover target
French food giant Danone (DANO.PA), maker of Activia yogurt and Evian water, has decided it wants to pursue a takeover of U.S. infant formula maker Mead Johnson Nutrition Group (MJN.N), sources familiar with the matter told Reuters.
Creditors take aim at Energy Future plan for sale of Oncor stake
Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power transmission business.