M&A
BAT rejects Reynolds’ $47-bn takeover offer; talks still on
15 Nov 2016
British American Tobacco already owns 42 per cent of Reynolds American and last month offered to buy the remaining shares to create the world's biggest listed tobacco company – now it may be willing to increase the price slightly
Samsung to buy car audio systems maker Harman for $8 bn
14 Nov 2016
The acquisition of Harman, the leading car audio and entertainment systems manufacturer, will give Samsung a considerable presence in the automotive electronics segment to produce "connected" cars
GE to merge Baker Hughes to create a $30 bn oilfield services giant
31 Oct 2016
With $32 billion in combined revenues, and operations in over 120 countries, the “New” Baker Hughes will be the second-largest oilfield services provider