Inside these posts: Acquisitions

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Navigant buys EthosPartners for $37 million

Navigant Consulting Inc., a consulting firm that provides dispute resolution and financial and regulatory advice, said Monday it bought EthosPartners Healthcare Management Group Inc. for $37 million.

Most Hewitt holders want Aon stock in buyout

From BusinessWeek | Most of the stockholders of Hewitt Associates Inc. have decided to receive shares of Aon Corp. as part of the $4.9 billion sale of the human resources specialist.

Stericycle to pay $245M for healthcare waste firm

Medical waste disposal firm Stericycle, Inc said it has agreed to buy Healthcare Waste Solutions, Inc. for $245 million  in cash.

Lake Forest-based Stericycle said Healthcare Waste “provides a resource management assessment and consulting program for all waste streams to healthcare providers.” Get the full story »

Wal-Mart offers $4 billion for S. Africa’s Massmart

Wal-Mart is in talks to buy South Africa’s Massmart, a $4 billion deal that would give the U.S. retailer a big presence in fast-growing Africa and boost its emerging markets strategy. Get the full story »

Abbott abandons plans to sell vaccines business

Drug and medical device firm Abbott Laboratories says it has abandoned plans to sell its vaccines unit, less than three months after exploring sales talks with rival companies. Get the full story »

Kraft: Integrating Cadbury is focus for Europe

From Bloomberg | In an interview with Bloomberg News, Kraft’s European president, Mike Clarke, said the company plans to focus on integrating the acquisitions of Cadbury Plc. and Groupe Danone SA’s LU unit, rather than make more purchases. “I don’t think we need at this time to buy other businesses to grow,” said Clarke.

CF Industries Q2 profit harmed by Terra costs

Fertilizer producer CF Industries Holdings Inc. posted a lower-than-expected profit on Thursday as integration costs for recently acquired rival Terra Industries drained profit, sending shares down more than 3 percent in after-hours.

The company spent more than $113 million during the period to integrate Terra, which it bought in March for more than $4.6 billion. Executives said the integration is on track and delivering the cost savings it had expected. Get the full story »

LinkedIn makes its first acquisition

LinkedIn is making its first acquisition, a company that sifts through large amounts of data to try to determine relevant information, the business social networking site said on Wednesday. Get the full story »

CME Group CEO sees no need for new acquisitions

CME Group. CEO Craig Donohue appeared to rule out growth by acquisition on Thursday, and said excess cash would be returned to shareholders as soon as next year. Get the full story »

Sources: Sanofi preparing major U.S. acquisition

From Bloomberg | Sources familiar with the situation say that French drugmaker Sanofi-Aventis SA is preparing a major acquisition in the U.S. Acquisitions allow big drugmakers to replenish their supply of newer drugs and cut costs by combining sales forces. One analyst believes that Sanofi may want to consider diversifying by buying Mead Johnson Nutrition Co., a maker of infant formula that was spun off from Bristol-Myers Squibb Co. last year. Other acquisition targets might include Mylan Inc., the biggest U.S. maker of generic drugs, and Hospira Inc.

Harris Bank to cut some Amcore branches, jobs

From WREX TV | Harris Bank, which took over Amcore Bank on April 23, 2010, announced plans to close 18 former Amcore branches and eliminate jobs as part of its buyout reorganization.

Ventas to acquire health firm Lillibridge

Ventas Inc. agreed to acquire privately held Lillibridge Healthcare Services Inc. and real-estate interests in 95 medical office buildings and ambulatory facilities for between $300 million and $400 million, part of Ventas’s strategy to expand in the sector. Get the full story »