Mergers and Acquisitions

Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million.

An Australian mining company has offered to purchase a controlling share of Tintina Resources Inc., the company that proposes a copper mine in central Montana.

A Cedar Rapids-based company that provides fundraising and enrollment management services to colleges and universities announced Thursday the acquisition of a company that specializes in higher education consulting and research.

Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.

Maggots in food, staffing shortages and reports of running out of foods are among new complaints facing the vendor that won the contract to feed Ohio inmates.

Apple's online music subscription service is losing a key player as millions of listeners near the end of a free three-month trial period that has drawn mixed reviews.

Sony will spin off its video-and-sound business into a separate company and shrink its headquarters as part of a three-year turnaround plan.

Leading China taxi apps Didi Dache and Kuaidi Dache plan to merge, creating a new challenge for Uber Technologies Ltd.'s global expansion.

China's half billion online shoppers will soon have an easier way to shop in the U.S.

Shares of Citrix Systems jumped 9 percent Wednesday after the cloud computing company, under pressure from a major shareholder, shook up its top leadership and said it was weighing the sale of all or portions of the company.

SuperValu says it is considering spinning off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies.

The Financial Times reports that its parent company, Pearson PLC, is in talks to sell its 50 percent stake in the Economist magazine.

Greece's bailout deal isn't a deal — yet.

Deal makers from New York to London had a busy first half of the year, and mega-mergers drove the frenzy.

Shares in United Technologies rose Thursday after the company said it is considering spinning off its Sikorsky helicopter division.

Pharmaceutical distributor AmerisourceBergen is spending about $2.5 billion to expand its reach into veterinary medicine with the purchase of MWI Veterinary Supply.

The U.S. Federal Trade Commission said Wednesday that it approved Medtronic's $42.9 billion acquisition of Covidien after the medical device maker agreed to sell a business that makes a type of catheter used in veins.

Fiat Chrysler Automobiles said Wednesday it will spin off sports car maker Ferrari into a separate company.

There's now a bidding war for Family Dollar, with Dollar General offering about $9.7 billion for the discounter in an effort to trump Dollar Tree's bid.

Shares of Synchrony Financial are rising slightly in their debut on the New York Stock Exchange.