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Updated by Rajashri Venkatesh on Jan 12, 2017
Headline for 2016 Biggest Acquisitions & Mergers
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2016 Biggest Acquisitions & Mergers

Qualcomm and NXP Semiconductors: $47 billion

Qualcomm Inc., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV in a transaction valued at $47 billion, aiming to speed an expansion into new industries and reduce its dependence on the smartphone market.

Sherwin-Williams to buy Valspar for $11.3 billion

Sherwin-Williams, a U.S. paint company, said on Sunday it agreed to acquire Valspar for about $11.3 billion, or $113 per share, in an all-cash transaction. The transaction, which has been unanimously approved by the boards of directors of both companies, represents a premium of approximately 41% to Valspar's volume weighted average price for the 30 days up to and including March 18, 2016.

Reynolds American Rejects BAT’s $47 Billion Buyout Offer

Reynolds American Inc., the second-largest cigarette seller in the U.S., is seeking a higher price from British American Tobacco Plc after rejecting a $47 billion buyout offer as too low, according to people familiar with the matter.

Abbott to Acquire St Jude Medical

Acquisition will enhance Abbott's global scale and capabilities and will further diversify its portfolio of best-in-class products and revenue sources. St. Jude Medical, Inc. announced today a definitive agreement for Abbott to acquire St. Jude Medical, creating a premier medical device leader with top positions in high-growth cardiovascular markets, including atrial fibrillation, structural heart and heart failure as well as a leading position in the high-growth neuromodulation market. Under the agreement, St. Jude Medical shareholders will receive $46.75 in cash and 0.8708 shares of Abbott common stock, representing total consideration of approximately $85 per share.

Shire Agrees to Buy Baxalta for $32 Billion

Dublin-based pharmaceutical company Shire agreed to buy Baxalta for $32 billion in a deal the companies said would create the world’s largest maker of rare disease drugs.

Monsanto Shareholders Approve A $66 Billion Aquisition By Bayer

Shareholders of U.S. seeds and agrochemicals company Monsanto approved the company's $66 billion acquisition by Bayer AG on Tuesday.

AT&T Agrees to Buy Time Warner for $85.4 Billion

So in the wake of Comcast’s $30 billion takeover of NBCUniversal and Verizon Communications’ serial acquisitions of the Huffington Post and Yahoo, AT&T has bought one of the remaining crown jewels of the entertainment industry. The telecommunications giant agreed on Saturday to buy Time Warner, the home of HBO and CNN, for about $85.4 billion, creating a new colossus capable of both producing content and distributing it to millions with wireless phones, broadband subscriptions and satellite TV connections.

Fortis Inc. To Acquire ITC Holdings Corp. For US$11.3 billion

Fortis to increase its 2016 consolidated mid year rate base to approximately C$26 billion (US$18 billion) with acquisition of the largest independent transmission utility in the United States

Great Plains Energy to Buy Westar Energy for $8.6 Billion

Missouri-based Great Plains Energy said it agreed to buy Kansas’ Westar Energy for roughly $8.6 billion in a move the utilities hope will lead to more controlled costs and consumer rates. Missouri-based Great Plains Energy Inc. on Tuesday said it agreed to buy Kansas’ Westar Energy Inc. for roughly $8.6 billion, a major consolidation in the utilities sector that the companies hope will lead to more controlled costs and consumer rates.

Quintiles Transnational Is Merging With IMS Health

Medical research provider Quintiles Transnational is merging with health care information company IMS Health in a deal worth $9 billion. The combined company, which will have a market value of nearly $18 billion, will offer drug and medical device makers services ranging from helping run clinical trials to tracking sales once a product has hit the market.

Microsoft to Acquire LinkedIn for $26.2 Billion

Microsoft, in what is by far the biggest acquisition in the company’s history, said Monday it had reached a deal to buy LinkedIn, the professional social-networking company, for $26.2 billion in cash. Integrating Microsoft’s and LinkedIn’s offerings would broaden their reach, enhance their utility, and create market-leading services for business customers, the companies said.