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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:12 EDTDANOY, HSPHospira to obtain financial benefits from possible Danone deal, says Wells Fargo
After multiple media sources reported that Hospira (HSP) is in talks to buy Danone's (DANOY) medical nutrition business in a potential tax inversion deal, Wells Fargo estimates that the deal could be 9%-12% accretive to Hospira's EPS in 2015-2017 if it's an all-stock deal and 20%-22% accretive if it's a 50%/50% cash and stock deal. The firm The firm estimates that Hospira's tax bill would be cut to 21% in 2015 and 19% afterwards, from its current forecast of 24%-26% during those years. The firm thinks the strategic rationale for the deal from Hospira's perspective, however, is less clear. It keeps a Market Perform rating on the stock.
News For HSP;DANOY From The Last 14 Days
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January 20, 2015
11:33 EDTDANOYLifeway Foods in talks with bankers to explore sale, NY Post reports
Lifeway Foods (LWAY) is in talks with investment bankers about a potential sale, according to The New York Post, which added that Danone (DANOY), which holds a 20% stake in Lifeway, isnít interested in buying the company but cannot stop a sale. Reference Link

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