Wall Street's M&A Chatter From December 22

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday December 22, 2016.

Blackstone in Talks to Take Stake in Energy Transfer Partners Assets

The Rumor:

Blackstone Group LP BX is said to be in talks to take a stake in Energy Transfer Partners LP ETP assets, according to sources as reported by Dow Jones. A source said a deal could be valued at around $5 billion.

The specific assets that would be included in the deal are not known.

Energy Transfer Partners closed at $36.20 on Thursday, up 2.29 percent.

Antitrust Regulator Set to Approve Abbott's Purchase of St. Jude

The Rumor:

U.S. antitrust regulators are ready to approve Abbott Laboratories' ABT acquisition of St. Jude Medical, Inc. STJ, according to sources as reported by Dow Jones. FTC approval could happen as early as this, sources said.

EU antitrust regulators approved the deal in November, conditional on the companies divesting two devices used in cardiovascular treatments.

St. Jude closed Thursday at $79.70, up $0.42.

Mondelez Could Be Preparing Another Bid for Hershey

The Rumor:

A report from Deal Reporter mentioned that Mondelez International MDLZ could be getting ready to make a new bid for Hershey Co HSY, according to sources. Mondelez had ended its bid to acquire Hershey in August following rejecting of multiple offers by Hershey.

Hershey closed Thursday at $104.44, up 1.23 percent.

Posted In: NewsRumorsM&A
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