Mergers and Acquisitions Rewind: Heineken and Coke COMPETE, Vivendi ABANDONS Sale Attempt

Heineken’s (HINKY.PK) $50 per share bid for Asia Pacific Breweries has been okayed by Fraser & Neave’s board. The approval might push The Coca-Cola Company’s (NYSE:KO) own offer for the beverage business forward.

Don’t Miss: P&G Earnings: Margins Turn Around as Net Income POPS.

Vivendi Sa Adr’s (VIVHY.PK) attempts to divest its $8 billion, 61 percent investment in Activision Blizzard, Inc. (NASDAQ:ATVI) failed to attract offers, so the former is said to be putting the idea aside. Observers were dubious that a suitor would come forward, owing to the size of the stake, along with doubts as to the gaming industry’s current state of well being. Further, Activision shares are busily selling off following its second quarter postings.

Don’t Miss: Amex Says Google Deal NEVER Happened.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business