Monday 26 September 2016
 
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merger

Alaska Air-Virgin merger ‘still on track’

Alaska Air Group agreed this week to give the US Justice Department additional time to review its merger with Virgin America, but the deal is still on track to close in the early part of the fourth quarter, an Alaska spokeswoman said.

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China clears Marriott's deal to buy Starwood

Chinese antitrust regulators approved Marriott International's deal to buy Starwood Hotels & Resorts Worldwide, clearing the way for the combined company to become the world's largest hotel chain. China's Ministry

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LafargeHolcim to pull out of several countries: chairman

LafargeHolcim, the world's largest cement group, is considering withdrawing from several markets as part of its efforts to make last year's mega-merger a success, chairman Beat Hess told weekly Sonntagszeitung. &q

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LafargeHolcim to pull out of several countries: chairman

LafargeHolcim, the world's largest cement group, is considering withdrawing from several markets as part of its efforts to make last year's mega-merger a success, chairman Beat Hess told weekly Sonntagszeitung. &q

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Potash Corp, Agrium to merge to create $36bn company

Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said they would combine, a deal that would create a fertiliser and farm retailing giant with proforma enterprise value of $36 billion but also trigger US regulatory scrutiny.

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Linde, Praxair end $60bn merger talks

German industrial gases group Linde and US peer Praxair have ended merger talks that would have created a market leader with a value of more than $60 billion, they said on Monday, sending Linde's shares tumbling. The two compa

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EU regulators halt Dow, DuPont merger

EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 billion deal. The European Commission opened a full investiga

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Al Baraka unit to merge with Pakistan bank

Bahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's Burj Bank to create an institution with assets totalling more than $1.1 billion. The merger, w

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Hapag-Lloyd CEO says planned UASC merger benefits to show in 2017

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its planned merger with Arab rival UASC next year, and realise them fully from 2019, its CEO said on Friday. The

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GFH aims to buy control of Bank Al Khair

Bahrain-based Islamic investment bank GFH Financial Group (GFH) has signed a memorandum of understanding to buy a majority stake in Bank Al Khair, a Bahraini lender with a presence in several countries, GFH said on Monday. GFH did

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