Hershey to buy Amplify Snack in $1.6 billion bet on healthy snacks
(Reuters) – U.S. candy maker Hershey Co said on Monday it would buy SkinnyPop popcorn maker Amplify Snack Brands in a deal valued at $1.6 billion, including debt, to gain a firmer footing in the fast-growing market for healthy snacks.
CSX falls on CEO death; investors seek turnaround clarity
(Reuters) – CSX Corp’s shares fell 3 percent on Monday as the death of Chief Executive Hunter Harrison left investors worried about the No.3 U.S. railroad’s turnaround plan under acting CEO Jim Foote.
Campbell Soup to buy snacks maker Snyder’s-Lance for $4.87 billion
(Reuters) – Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder’s-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.
Casino operator Penn National to buy Pinnacle in $2.8 billion deal
(Reuters) – Casino operator Penn National Gaming Inc said on Monday it would buy Pinnacle Entertainment Inc in a cash-and-stock deal valued at about $2.8 billion, cementing its position as the leading U.S. regional gaming operator.
Stock futures gain on rising tax bill hopes, corporate dealmaking
(Reuters) – U.S. stock index futures were higher on Monday, set to push Wall Street to new records, buoyed as the long-awaited tax overhaul plan looked set for legislation and by a flurry of year-end dealmaking topping $10 billion so far.
Thales’ 4.8 billion-euro bid for Gemalto gets thumbs up from investors
PARIS (Reuters) – Shares in defense group Thales rose on Monday after chipmaker Gemalto accepted the French company’s 4.8 billion euro ($5.66 billion) takeover bid to create a leader in digital security.
Thai beer magnate extends SE Asia push with $4.8 billion Sabeco deal
Ho CHI MINH CITY/SINGAPORE (Reuters) – Thai Beverage has won an auction to buy a majority stake worth $4.84 billion in Vietnam’s top brewer Sabeco , a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhan…
EU regulators to investigate Ikea’s Dutch tax deals
BRUSSELS (Reuters) – EU state aid regulators will investigate whether Swedish furniture retailer Ikea’s [IKEA.UL] tax arrangement with Dutch tax authorities helped cut its tax bill, the latest crackdown on unfair tax deals between multinationals and EU…
Solid Power, BMW partner to develop next-generation EV batteries
(Reuters) – U.S. EV battery company Solid Power said on Monday it had partnered with Germany’s BMW AG to develop the next-generation solid-state battery technology for use in electric vehicles (EVs).
German Vonovia climbs property ladder with $6.1 billion Buwog deal
FRANKFURT (Reuters) – Vonovia , Germany’s biggest residential property company, has agreed to buy Austrian counterpart Buwog in a cash deal valuing the latter at 5.2 billion euros ($6.12 billion), the two companies said on Monday.
