Mergers and Acquisitions

General Electric has transformed in the past decade.

Walgreens plans to close about 200 U.S. stores as the nation's largest drugstore chain expands on a $1 billion cost-reduction plan it announced last August.

Royal Dutch Shell said Wednesday it has agreed to buy BG Group for 47 billion pounds ($69.7 billion) in a cash and stock takeover.

Federal regulators have approved Wisconsin Energy Corp.'s proposed $9.1 billion takeover of Chicago-based Integrys Energy Group Inc.

United Technologies Corp. has announced a change in leadership at Sikorsky Aircraft, less than a month after announcing it may spin off the helicopter-making subsidiary.

The Pennsylvania House of Representatives began debate Wednesday on another proposal to privatize the operations of much of the state-controlled wine and liquor store system, but it faces an uncertain fate and is challenged as a long-term fiscal loser for the state government.

Sears is posting its fourth straight year of falling profit and revenue, though cost cutting narrowed those declines in the fourth-quarter.

A proposal to sell off most of Pennsylvania's state-owned liquor system and its wholesale distribution network moved ahead with a vote on the Legislature on Monday, although its prospects to become law remain uncertain.

Armstrong World Industries is spinning off its flooring business, creating two publicly traded companies with the other focused on ceilings.

Bristol-Myers Squibb is using an acquisition that could be worth more than $1 billion and a separate collaboration agreement to continue its push into developing cancer treatments that use a patient's immune system to attack the disease.

A New Jersey-based company that sells discount international calling cards to immigrant communities says it has struck a deal with Cuba's state telecommunications company.

Energizer, which is in the process of splitting into two separate companies, said Friday that it will name its personal care spinoff Edgewell Personal Care.

IMG and its parent company has boosted its roster of clients and strengthened its North American business by acquiring Ohio-based Icon Sports Management, which handles a stable that includes Henrik Stenson and Ian Poulter.

Drugmaker Actavis plans a name change once it finishes its acquisition of Botox-maker Allergan in a $66 billion deal that the company announced last fall.

Anthem has closed its purchase of Florida Medicaid managed care provider Simply Healthcare Holdings Inc., as the nation's second-largest health insurer continues to expand its government business.

Irish airline Aer Lingus has issued a new statement strongly arguing in favor of its acquisition by British Airways parent IAG.

The president and CEO of Alaska Aerospace Corp. said Wednesday that the state-owned corporation would like to become a private company.

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a $2 billion purchase of EnvisionRx.

The share price for Spain's national aviation authority, AENA, has soared by 18 percent on the first day of trading after the state company was partially privatized.

Spain's national aviation authority, AENA, has set a top-of-the-range price of 58 euros ($65) euros per share for the company's partial privatization this week, valuing the company at some 8.7 billion euros ($9.8 billion).