Deals of the day- Mergers and acquisitions

viernes 8 de enero de 2016 17:08 GYT
 

(Adds Royal Dutch Shell, Norfolk Southern Corp, FedEx and others)

Jan 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Royal Dutch Shell's bid to acquire BG Group was dealt a blow on Friday when a first major shareholder said it would vote against the $49 billion deal due to a weak outlook for oil prices and risks related to BG's assets in Brazil.

** Two trade unions representing workers at No. 4 U.S. railroad Norfolk Southern Corp have joined a growing chorus of opposition to an unsolicited bid from Canadian Pacific Railway Ltd, one in an unpublished letter sent to the U.S. rail regulator and the other in an interview with Reuters.

** Activist shareholders could push media company Time Warner Inc to sell itself or spin off its lucrative HBO business, the New York Post reported late on Thursday.

** China's Fosun International Ltd has entered an agreement to boost its stake in German fashion brand Tom Tailor Holding AG to up to 30 percent, the Shanghai-based conglomerate said on Friday.   Continuación...