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Benzinga's M&A Chatter for Thursday October 30, 2014

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Benzinga's M&A Chatter for Thursday October 30, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 30, 2014:

SoftBank Looking at America Movil Assets

The Rumor:
Shares of America Movil S.A.B. de C.V. (NYSE: AMX) spiked higher Thursday, on a report from WSJ, that Japan's SoftBank Corp. (OTC: SFTBY) was looking at the assets of the Mexican telecom company, headed by

Chairman Carlos Slim. Sources say Sprint Corporation (NYSE: S) CEO Marcelo Claure, was assigned the task of gathering information on America Movils assets, which may be worth as much as $15 billion, according to a Bank of America

analyst.

America Movil closed Thursday at $23.98, a gain of $0.09.

Perrigo Rumored to be in Exclusive Talks to Purchase Omega Pharma

The Rumor:
Shares of Perrigo Company Public Limited Company (NYSE: PRGO) rose Thursday, on report from Bloomberg, that the Ireland-domiciled healthcare prodcuts company was in exclusive talks to acquire UK-based Omega Pharma, according to sources. Similar rumors have been reported since August involving Perrigo, as wells as Actavis (NYSE: ACT) and Sanofi (NYSE: SNY).

Perrigo closed Thursday at $161.33, a gain of 4%.

EXL Acquires Overland Solutions for $53M in Cash

The Deal:
Exlservice Holdings, Inc (NASDAQ: EXLS) announced Thursday, the acquisition of provider of underwriting support services, Overland Solutions, Inc., for $53 million in cash.

Exlservice gained 1% Thursday, to close at $27.92.

 

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