Mergers and Acquisitions

Brewer SABMiller is said to have rejected an informal takeover offer from ABInBev as too low, a Bloomberg report citing people familiar with the matter said.

Petco Holdings Inc is exploring the possibility of being acquired by PetSmart Inc, according to people familiar with the matter, in a merger that could create a company that accounts for 30 percent of U.S. pet specialty supplies stores.

China's official news agency says Chinese companies have agreed with Boeing to buy 300 jets and build an aircraft final assembly plant in China in deals signed during President Xi Jinping's visit to the United States.

Perrigo urged shareholders to reject Mylan's $27 billion hostile takeover offer, saying it undervalues the company.

TV station owner Gray Television Inc. said Friday it agreed to buy Schurz Communications Inc.'s TV and radio stations for $442.5 million.

Shares of Gilead Sciences rose Thursday after the hepatitis C drugmaker said it will issue $10 billion in debt, leading to speculation that it may be getting ready to make a big acquisition.

A group led by past and current Republican officeholders has launched an effort in some presidential battleground states to place measures on the 2016 ballot that seek to prohibit public investments in certain companies doing business in Iran.

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Meredith Corp., up $4.53 to $50.47 The TV station owner and publisher of Parents magazine is being bought by TV station owner Media General Inc. for $2.4 billion.

The European Union has approved General Electric's $14.1 billion takeover of the power and transmission division of French company Alstom, pending the sale of key parts of Alstom's heavy duty gas turbines business.

Slavia Prague says CEFC China Energy Company has acquired a majority 59.97 percent stake in the oldest Czech football club.

Westport Innovations, the Canadian maker of truck engines that run on natural gas, said Tuesday that it plans to expand into making alternative-fuel engines for cars and construction equipment by buying Fuel Systems Solutions.

Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of roughly $47 billion.

Regulators in the District of Columbia have rejected the proposed merger between power companies Exelon and Pepco.

Cobalt International Energy Inc. is selling some oil assets for $1.75 billion.

The Minnesota Vikings, already bound for a glitzy new stadium, could have another move in store.

The Ascena Retail Group on Friday completed its approximately $2 billion acquisition of the owner of Ann Taylor and Loft.