M&A

Mega beer deal

The world’s biggest beer maker wants to get even bigger, but there are plenty of hurdles in the way.

David A. Grogan | CNBC
Warren Buffett

Berkshire Hathaway, the conglomerate owned by billionaire Warren Buffett, announced on Monday plans to acquire Precision Castparts, a maker of aircraft equipment, in an all-cash deal valued at approximately $37.2 billion, including debt. The deal initially had been reported by The Wall Street Journal, citing unnamed sources. Berkshire’s offer of $235 per share is a …

Adam Jeffery | CNBC
Warren Buffett

Berkshire has its eyes on Precision Castparts, a maker of aircraft equipment, The Journal reported, citing unnamed sources. Berkshire already owns 3 percent of the company, and is its largest shareholder. Based on Precision’s closing price on Friday, a merger could break $30 billion, the publication added. A deal could be announced as soon as …

Baxalta fends off Shire

Baxalta rejected an unsolicited $30 billion off from Ireland based Shire.

More pharma M&A

Meg Tirrell takes a look at what drove the tie-up between Teva Pharmaceuticals and Allergan and why there could be more M&A in the works.

Health care shake up continues

Here’s how Anthem’s proposed takeover of Cigna could change the health care system as we know it.

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An exterior view of the Anthem Health Insurance headquarters in Indianapolis, Indiana.

U.S. health insurer Anthem is planning to announce a deal to acquire Cigna for $188 a share on Friday, sources told CNBC. The deal will be 55 percent cash and 45 percent stock, the sources said. Both boards are expected to approve the deal, those sources told CNBC. The deal would follow Aetna’s $37 billion agreement …

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Verizon announced Tuesday it had closed its acquisition of AOL, saying the deal gives the telecommunications giant the opportunity to be a leader in technology and media, AOL’s CEO, Tim Armstrong, said. “We did start out with a number of discussions around a joint venture, but we quickly saw there was a vision that we …

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Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut-based insurer is still rejecting a $53.8 billion takeover bid from its larger rival, saying the offer is not in the best interest of shareholders. “We are deeply disappointed with your recent actions,” the company wrote in a letter signed by …

Brendan McDermid | Reuters
Traders work on the floor of the New York Stock Exchange.

Companies finally may be getting the message that it’s better to invest in the future. After years of lackluster growth, mergers and acquisitions have taken off in 2015, thanks in good part to a blockbuster May that marked the second best month ever for deals involving U.S. companies, according to S&P Capital IQ. The $234 …

Avago buys Broadcom for $37B

Avago Technologies has agreed to buy Broadcom for $37 billion in cash and stock.

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Charter Communications confirmed Tuesday it will purchase Time Warner Cable for $55 billion in a deal that would merge the second and third biggest U.S. cable companies and create a larger rival to Comcast Corp. The deal values each Time Warner Cable share at about $195.71 based on Charter’s closing price on May 20, the …

Pharma buying spree continues

Endo International will buy Par Pharmaceuticals for $8 billion, which will make Endo a bigger player in the fast-changing generic drug sector.

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Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion. (Tweet This) AOL’s stock was up more than 17 percent after the announcement. Verizon’s stock was down slightly. AOL co-founder Steve Case tweeted his approval. The transaction will be completed this summer and will take the form …

Microsoft eyeing Salesforce?

Microsoft is reportedly thinking about buying Salesforce, but why would it want to?