Mergers and Acquisitions

Private equity firm Berkshire Partners and athletic shoe maker New Balance are buying The Rockport Co. from the Adidas Group.

Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National Corp.

The developer of the Keystone XL oil pipeline has taken its first steps in Nebraska since the state's high court cleared the way for the planned route.

Clean Harbors Inc. said Tuesday that it plans to spin off its oil and gas field services unit as a separate publicly traded company following a strategic review of its business.

Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when the country's relations with the West are under strain and as energy prices hit multiyear lows.

The successful bidder in the upcoming privatization of Portugal's national airline won't be able to make collective redundancies for at least two-and-a-half years after taking control.

One of its newly acquired newspapers is reporting that New Media Investment Group Inc. has completed the purchase of the Halifax Media Group.

Around half a million coal workers in India called off their strike following an assurance by the government it wouldn't sell state-run Coal India Ltd. to private investors.

Retailer Jos.

Woman's clothing retailer J.Jill said Tuesday that it is being acquired by an investment management firm.

The audio and electronic systems company Harman International Industries Inc. will buy Bang & Olufsen Automotive for about $157.3 million.

Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion.

Actavis PLC is selling its generic drug business in Australia to privately-held Amneal Pharmaceuticals for an undisclosed amount.

Citigroup Inc. is selling the exclusive issuer of Diners Club cards in Japan to Sumitomo Mitsui Trust Bank Ltd.

Madison Square Garden will separate its sports and entertainment business, which owns the New York Knicks and Rangers and sports and concert venues, from its media business, which runs the MSG Network.

The company that makes Louisville Slugger bats has announced a deal to sell the iconic brand to rival Wilson Sporting Goods Co.

Producing maple syrup has traditionally been a side business for generations of farmers in Vermont, which is the country's top maple syrup producer.

Albania's prime minister says his government is determined to conclude the troubled privatization of state oil company Albpetrol by the end of the year, in an appeal to investors to seek opportunities in the country's energy market.

Scripps Networks is buying a controlling interest in Poland's TVN for about $613 million in cash, expanding the footprint of the U.S. the television company in Europe.

Plastic compounds and resins supplier A.