Imperial to buy 4th-biggest U.S. cigarette maker
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Britain's Imperial Tobacco  agreed to buy Commonwealth Brands, the fourth-biggest cigarette maker in the United States, but its shares fell on Thursday as speculation faded it might be a bid target itself.
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Wm. Wrigley Jr. Co. agreed to buy the brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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Wm. Wrigley Jr. Co. agreed to buy the Altoids mints and Life Savers brands for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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Imperial Tobacco said Tuesday it had handed shareholders in Franco-Spanish cigarette maker Altadis an extra week to accept its takeover bid worth 12.8 billion euros (18.8 billion dollars).
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Britain's Imperial Tobacco  has agreed to buy Commonwealth Brands, the fourth-biggest cigarette maker in the United States, but its shares fell on Thursday as speculation faded it might be a bid target itself.
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The Motley Fool - Knowing the responsiveness of huge, monopolistic organizations, it should be heart-warming news as we approach the cold winter months that Chicago-based Exelon (NYSE: EXC - News) plans to buy Newark, New Jersey-based Public Service Enterprise Group (NYSE: PEG - News) to create the country's largest utility, serving some 18 million customers stretching across Illinois, Pennsylvania, and New Jersey.
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Japan Tobacco Inc. confirmed on Friday it was in talks to buy smaller rival Gallaher Group Plc, in a 7.5 billion pound ($14.7 billion) deal that would extend its overseas expansion.
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Soft drink giant Coca-Cola spends makes its largest ever acquisition as it buys a health drink firm for $4.1bn.
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A General Electric (nyse: GE - news - people ) subsidiary announced it would acquire the transportation financing unit of Citigroup (nyse: C - news - people ) in a cash deal worth approximately $4.4 billion.
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Business: 29 October 2004, Friday. British American Tobacco has been the only bidder to submit application papers for the purchase of two cigarette-making factories, it became known after the deadline expired 5 ...
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The world's dominant chewing gum maker is about to get sweeter. Looking to extend more of its marketing might from gum to candy, Wm. Wrigley Jr. said yesterday that it has agreed to buy LifeSavers and Altoids from Kraft Foods in a $1.48 billion cash deal that refocuses Kraft's attention on its trademark supermarket products.
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The British companyâs acquisition of its French-Spanish rival will make it the second only to Altria in the European cigarette industry.
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Britain&#39;s Imperial Tobacco said Wednesday it would strengthen its position as the world&#39;s fourth largest tobacco group after Franco-Spanish rival Altadis accepted a takeover worth 16.2 billion euros.
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Johnson &amp; Johnson said Wednesday night that it would acquire Indianapolis-based medical device manufacturer Guidant Corp. for $25.4 billion.
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Johnson &amp; Johnson (JNJ), the drug and health care products company, is reportedly in advanced negotiations to buy Guidant (GDT), a leading maker of devices to treat heart and circulatory illnesses, for more than $24 billion.
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Imperial Tobacco , which is looking to take over rival Altadis , met forecasts with a 12 percent rise in annual earnings on Tuesday, but a delay until January in completing the Altadis deal hit its shares.
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Britain&#39;s Imperial Tobacco   agreed to buy Franco-Spanish rival Altadis  on  Wednesday in a 16.2 billion euros ($22.4 billion) deal that  includes debt.