Gastar Exploration and 12 Stocks Making Deal Buzz This Week

Here’s your Cheat Sheet to this week’s top mergers and acquisition news:

Anadarko Petroleum Corp. (NYSE:APC): Current price $91.31

Anadarko said Monday it will divest a 10 percent interest in Mozambique’s Offshore Area 1 to ONGC Videsh Ltd., a wholly owned subsidiary of Oil and Natural Gas Corporation Ltd., for $2.64 billion in cash. Anadarko will stay the operator of Area 1 with a working interest of 26.5 percent. The transaction should close around the end of the year.

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AstraZeneca Group (NYSE:AZN): Current price $49.21

AstraZeneca said Monday that its global biologics research and development unit, MedImmune, will purchase privately held biologics firm Amplimmune, which is centered on developing novel therapeutics in cancer immunology. The deal should reinforce MedImmune’s oncology pipeline by obtaining multiple early stage assets for its immune-mediated cancer therapy portfolio including AMP-514, according to a press release.

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