Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved

Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved

Comcast is planning a $60 billion all-cash bid to top Walt Disney on its deal to acquire most of Twenty-First Century Fox‘s assets, if the U.S. government approves AT&T‘s acquisition of Time Warner, according to people familiar with the matter. The bid would top Disney’s offer of $52 billion. Comcast also plans to acquire 100 percent of U.K. satellite broadcaster Sky as part of an improved all-cash bid. If Disney gets into a bidding war…

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International Flavors & Fragrances to buy Israel’s Frutarom for $7.1 billion

International Flavors & Fragrances to buy Israel’s Frutarom for $7.1 billion

International Flavors & Fragrances (NYSE:IFF) agreed to buy Israeli flavors and ingredients maker Frutarom (LSE: FRUT, TASE: FRUT) for $7.1 billion in cash and stock on Monday, vying for the industry’s top spot with market leader Givaudan. The flavors and fragrances sector was expected to consolidate after Geneva-based Givaudan said in March it planned to launch an offer for French natural ingredients firm Naturex and Israeli media reported last month that Frutarom had attracted takeover…

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