Mergers and Acquisitions

Sequential Brands Group Inc, a brand management and licensing company, is nearing a deal to buy Martha Stewart Living Omnimedia Inc (NYSE:MSO), the Wall Street Journal reported.

Mylan's biggest shareholder is backing the generic drugmaker's plan to remain a stand-alone company as it fights a takeover bid from larger rival Teva Pharmaceutical.

MGM Resorts says that the will of billionaire Kirk Kerkorian, who died Monday at age 98, orders his investment company to sell its stake in the hotel and casino operator.

German retail and wholesale group Metro AG is selling its department store business in Germany and Belgium to Canadian retailer Hudson's Bay for just over 2.8 billion euros (around $3.2 billion).

State regulators in Minnesota have approved a $9 billion transaction that combines Wisconsin Energy Corp. and Integrys Energy Group Inc., leaving Illinois as the last state needed to approve the deal.

Henkel & Co KGaA AG and Coty Inc, both of which have personal care and cosmetics businesses, made binding offers to buy separate parts of Procter & Gamble Co's beauty businesses worth up to a total of $12 billion, according to people familiar with the matter.

Abbvie Inc. specified the stock and cash breakdown on Thursday of its previously announced $21 billion buyout of Pharmacyclics Inc.

The Portuguese government says it will hold talks with two Latin American airline operators to decide which of the two will be sold a 61 percent stake in state-owned flag carrier TAP Air Portugal.