M&A DEALS

Sanofi sweetens Genzyme bid to $74/shr

French drug maker Sanofi-Aventis agreed to acquire U.S. biotechnology company Genzyme for $74.00 per share in cash or about $20.1 billion plus extra payments linked to experimental multiple sclerosis drug Lemtrada.
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A shopper leaves a branch of Game supermarket chain in South Africa

S.Africa commission recommends Wal-Mart deal approval

South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.
A DuPont logo is pictured on the EMEA (Europe, Middle East & Africa) and Du Pont de Nemours International SA building in Grand-Saconnex

Hedge fund Elliott rejects DuPont's Danisco bid

Elliott Associates, the $17 billion U.S. hedge fund, added its voice to demands that chemicals giant DuPont raise its $5.8 billion bid for Danisco, the Danish maker of food ingredients and enzymes.
The New York Stock Exchange

Deutsche Boerse-NYSE deal faces antitrust snags

Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.

Starbucks CEO invests in Groupon, gets board seat

Daily deals website Groupon said on Thursday that Starbucks Corp Chief Executive Howard Schultz had joined its board of directors and that his venture capital firm had taken a stake in the company.
IBTimes Logo

TSE CEO: no plans for merger with other exchanges

The Tokyo Stock Exchange is not discussing a merger with any other exchanges, the bourse's CEO said on Thursday, quashing any speculation the TSE will participate in the latest spate of global alliances among stock exchanges.
A Twitter page is displayed on a laptop computer in Los Angeles

Twitter has been in takeover talks: report

Executives at microblogging company Twitter Inc. have held low level talks with executives at Facebook Inc and Google Inc in recent months, about a possible takeover of Twitter, the Wall Street Journal reported on Wednesday.
US Airforce

Northrop Grumman sees India sealing $11 bln deal in '11

U.S. defence contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it supplies fuselage and radars to manufacturers bidding for the order, an executive said on Monday.
China says close to meeting WTO copyright ruling

NBA And Marvel Reach Apparel Deal

The NBA and Marvel announced Monday that the two sides had reached a deal to launch a collection of merchandise featuring NBA logos and colors along with characters from Marvel properties on co-branded apparel and accessories.
Ariana Huffington

AOL to acquire Huffington Post

AOL Inc. said early Monday morning plans to acquire online news website Huffington Post for $315 million, as part of the companies attempt to turn its business around with a strategy of becoming a top producer of digital content.

Sanofi's push for Genzyme continues

Sanofi-Aventis is reportedly expected to sweeten its bid for U.S. biotechnology company Genzyme later this week. The two companies are said to be negotiating a cash deal worth $74 a share or $19 billion, plus extra payments linked to experimental multiple sclerosis drug Lemtrada.

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