Deals of the day- Mergers and acquisitions

Fri Feb 14, 2014 4:06pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Jana Partners LLC built a major stake in Juniper Networks in the fourth quarter, according to a regulatory filing on Friday, making it another shareholder activist to invest in the networking-gear company and urge cost cutting. Jana's 13.4 million-share stake in Juniper means the activist investor owns about 2.65 percent of the company.

** German liquid crystal maker Merck KGaA has extended the offer period for its planned takeover of Britain's AZ Electronic Materials for a third time because Chinese antitrust regulators have yet to give their approval.

** Airbus Group pressed ahead with post-Lehman plans to acquire its own banking licence on Friday, saying it would buy small German lender Salzburg Muenchen Bank AG to boost its financing options.