According to a report published in the Globe and Mail newspaper, a hostile bid for Newmont Mining Corp is set to be made by Canada's Barrick Gold Corp. The offer deal is expected to be about $19 billion and would include only stock. If this deal goes through it could be the largest ever till date...

The largest merger of banks in the US since the 2007-08 financial crisis took place this week and more such industry consolidation is likely in the near future according to analysts and investors.   The deal is the merger of BB&T Corp and rival SunTrust Banks Inc and would be worth about...

The deal that would have created one of the largest p[layers in the European rail industry was rejected by EU regulators on Wednesday striking a blow to the two companies - Siemens and Alstom. The cancellation of the deal has prompted a call for an overhaul of EU competition policy to better meet...

There is a growing need for more and more car batteries for electric cars across the world as more car makers make significant investments in the car of the future. Industry experts have also pointed out that it would be critical for electric car makers to first ensure a steady supply of batteries...

A hostile bid worth for the major Canadian cannabis producer Aphria Inc. would be made by the American cannabis retail company Green Growth Brands. In the past one month, the stocks of the Canadian company had dropped significantly following questions being raised about some of the acquisitions...

Luxury goods maker LVMH is boosting its presence in luxury hotel business with the acquisition of Belmond, the owner of hotels such as Venice’s landmark Cipriani, in a deal that is worth $3.2 billion including debt.   The aim of the deal is to increase its presence in upmarket hospitality...

The largest ever acquisition in the history of the aerospace industry is now almost complete after the United Technologies Corp obtained a green signal form Chinese authorities about the acquiring of the aircraft parts maker Rockwell Collins Inc in a deal that is worth $30 billion. The clearance...

Even as a review is being recommenced on the acquisition of US firm telecom form Sprint by T-Mobile US by the regulator Federal Communications Commission (FCC), T-Mobile is hopeful that it would be able to close the deal in the first quarter of next year itself, according to the company’s CFO...

U.S. healthcare software maker Athenahealth Inc is to be acquired by a joint collaboration between the private equity company Veritas Capital and the hedge fund Elliott Management for a cash value of $5.5 billion, said media reports quoting people familiar with the developments.   The US...

U.S. online dating site eharmony has been bought by Germany’s ProSiebenSat.1 Media, said the German firm on Monday. This is the first move of any significance by the firm ever since the company formed a joint venture on e-commerce with General Atlantic.   ProSieben’s Parship dating franchise...

With the aim of strengthening its international innovation pipeline, 230 billion yen (US$2.05 billion) in cash would be expended by U.S. healthcare conglomerate Johnson & Johnson to acquire the remaining of the outstanding shares that it still does not own in the Japanese skincare firm Ci:z...