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Philip Morris (M0
) agreed to sell its Miller Brewing unit to London-based South African Breweries PLC for $5.6 billion. (5/30)
Stancorp Financial's (SFG
) 's StanCorp Financial Group unit agreed to acquire the group insurance business of Teachers Insurance & Annuity Association for $75 million. (5/30)
EEX Corp. (EEX
) agreed to be acquired by Newfield Exploration (NFX
). EEX shareholders will get 0.05703 NFX shares per EEX share, or have the option to receive units in a new trust in lieu of NFX stock. (5/30)
Visible Genetics (VGIN
) says it is in talks with third parties on various alternatives, including a potential sale of the company. (5/30)
) agreed to be acquired by Openwave Systems (OPWV
) for $2.26 cash per share. (5/29)
Gulf Indonesia's (GRL
) board will recommend approval of a proposal by Conoco (COC
) to acquire all common stock not owned by COC or affiliates at $13.25 per share. (5/28)