Mergers & Acquisitions, Billion | featured news

Allied World Assurance Co Holdings agreed to buy Transatlantic Holdings for $3.2 billion in stock, creating a specialty insurer and reinsurer with broader reach and product offering.

Packaging company Sealed Air Corp. has agreed to buy the privately-held Diversey Holdings Inc. for about $2.9 billion in cash and stock. Diversey is a cleaning and sanitation company.

Opponents of AT&T’s proposed merger with T-Mobile filed last-minute petitions to federal regulators Tuesday in hopes of blocking the $39 billion mega-deal. But they are going up against a deep-pocketed telecom giant that’s just getting started on its own campaign to influence the decision.

The acquisition, an effort to gain a foothold in voice and video communications, would be Microsoft’s largest ever.

Applied Materials Inc. says it will buy Varian Semiconductor Equipment Associates Inc. for $4.9 billion, gaining access to a leading supplier of ion implantation equipment used by chipmakers....

Johnson & Johnson is to buy Swiss medical devices maker Synthes Inc in a deal worth $21.3 billion, its largest ever buy, boosting its orthopedics franchise and reshaping the medical technology industry.

AT&T announced on Sunday that it agreed to buy T-Mobile USA from Deutsche Telekom, in a $39 billion deal that will reshape the cellular telephone industry. The merger — one of the largest since the onset of the financial crisis — would combine the second and fourth largest cellular carriers in the nation, bringing together AT&T’s 95.5 million wireless subscribers with T-Mobile’s 33.7 million customers.

Tyco Electronics agreed to buy network equipment maker ADC Telecommunications for about $1.25 billion.

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

Xerox Corp (XRX.N) said it will buy Affiliated Computer Services Inc (ACS.N) in a $6.4 billion cash-and-stock deal that expands the copier company into outsourcing and data management. The deal, priced at a 33.6 percent premium to ...