Saks CEO, Chief Merchant to Exit Following Hudson Bay Deal
Saks' chairman and CEO, and president and chief merchant are set to leave the department store chain once it is acquired by Hudson's Bay Co .
Saks CEO, Chief Merchant to Exit Following Hudson Bay Deal
Saks' chairman and CEO, and president and chief merchant are set to leave the department store chain once it is acquired by Hudson's Bay Co .
Dow, DuPont CEOs to Get $80M in 'Golden Parachute' Payouts
DowDuPont, the entity to be created by the merger of DuPont with Dow Chemical, said the chief executives of the two companies would get a combined $80 million in "golden parachute" payments after DowDuPont splits into three.
Cancer Firm Astex Seals $886M Buyout From Japan's Otsuka
The $8.50-a-share deal represents a 27% premium on the cancer treatment maker's Tuesday closing price.
Anadarko Sells Stake in Africa Natural-Gas Field
The company agreed to sell a stake in an East Africa natural-gas field to a subsidiary of India’s Oil & Natural Gas Corp. for $2.64B in cash.
Dow's 3Q Profit Growth of 17% Comes up Short as Volumes Dip
Dow Chemical's quarterly profit growth of 17% trailed forecasts and the company unveiled plans to sell off another $3 billion to $4 billion of assets.
Texas Industries Rallies on Sale Talk
Shares of Texas Industries jumped 12% on Friday after a report that the building materials company is exploring a sale.
Tribune Bulks Up By Acquiring 19 Local TV Stations for $2.73B
Tribune Co said it would acquire Local TV Holdings LLC, which owns 19 television stations, for $2.73 billion in cash.
Dow Chemical Unloads Polypropylene Unit to W.R. Grace for $500M
Dow Chemical said it will sell its polypropylene licensing and catalyst business to smaller peer W.R. Grace & Co for $500M.
Lawmakers Voice Concerns about Smithfield-Shuanghui Deal
A Chinese meat company's plan to buy U.S.-based Smithfield Foods has some lawmakers worried the deal could create food safety issues.
Deal Frenzy Heats Up in Africa As Middle Class Grows
Transactions in the African region are growing at a faster pace than they were three years ago. Experts at Ernst & Young predict the trend will continue as the broader deals market recovers.
Men's Wearhouse Spurns Jos. A. Bank's Due Diligence Request
Men’s Wearhouse turned down a request from Jos. A. Bank to conduct limited due diligence, as the rival suit sellers continue to spar over Jos. A. Bank’s unsolicited $2.3B takeover bid.
Joining Forces: Advance Auto to Acquire General Parts for $2B
The acquisition is expected to generate annual synergies of $160 million within three years and also boost Advance Auto's EPS.
Philip Morris Inks $625M Deal to Increase Exposure to Algeria
The $625 million deal is a bid to boost exposure in emerging markets, and gives the cigarette maker a 25% stake in an Algerian joint venture.
Philip Morris Inks $625M Deal to Increase Exposure to Algeria
The $625 million deal is a bid to boost exposure in emerging markets, and gives the cigarette maker a 25% stake in an Algerian joint venture.
Stryker Harpoons Mako Surgical With Pricey $1.65B Buyout
The buyout carries a hefty premium of 85.5% and values the smaller medical-device maker at $1.65 billion.
Atlas Copco Scoops Up U.K.'s Edwards Group for Up to $1.2B
The buyout comes just 15 months after the British vacuum pump maker's IPO.
Saks Reveals Red Ink Ahead of $2.4B Buyout as Overhead Costs Jump
Saks disclosed a wider-than-feared second-quarter loss on Monday as the high-end retailer was hit by soft sales growth and higher overhead costs.
'Call of Duty' Maker Activision to Gain Independence from Vivendi
The maker of 'Call of Duty' revealed plans to reduce Vivendi's stake from 61.1% to 12% through a pair of transactions.
Industry Ventures Raises $625 Million in New Funds
Industry Ventures has raised a $425 million secondary fund and a $200 million special opportunities fund, to buy equity inVC-backed startups.