Deals of the day-Mergers and acquisitions

Cengage Learning Holdings II

01/05/2019 10:56

May 1 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Wednesday:

    ** Warren Buffett's Berkshire Hathaway Inc  BRKa.N 
committed $10 billion to Occidental Petroleum Corp's  OXY.N  $38
billion cash-and-stock bid for Anadarko Petroleum Corp  APC.N ,
boosting its chances of snatching a deal from Chevron Corp
 CVX.N . urn:newsml:reuters.com:*:nL3N22C3HI 
     
    ** Educational publishers McGraw-Hill Education Inc and
Cengage Learning Holdings II Inc  CNGO.PK  are planning an
all-stock merger, the Wall Street Journal reported.  urn:newsml:reuters.com:*:nL3N22D0CT
    
    ** FedEx Express, a subsidiary of FedEx Corp  FDX.N , has
acquired the business and assets of the international express
division of Israel's FC (Flying Cargo) Express Ltd, the
companies said.  urn:newsml:reuters.com:*:nL5N22D1B8
    
    ** Privately held industrial conglomerate GFG Alliance said
it would spend up to A$100 million ($70.5 million) to get a
controlling interest in a copper and iron ore developer to
provide materials for its Australian copper and steel
business. urn:newsml:reuters.com:*:nL3N22D0SD
    
    **  U.S. Attorney General William Barr has recused himself
from the Justice Department's deliberations on whether to allow
T-Mobile  TMUS.O  to proceed with its $26 billion acquisition of
Sprint S.N, according to a source familiar with the
decision. urn:newsml:reuters.com:*:nL1N22C24M 



 (Compiled by Shradha Singh in Bengaluru)
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