Despite registering a 2.3% year-on-year fall in sales, General Motors and its Chinese partners have sold a record number of small-engine cars in China. In 2016, General Motors and its joint venture partners have sold 3.87 million vehicles in China,… Read More ›
Day: January 6, 2017
Yahoo’s troubles rocks Verizon’s acquisition of the company
Despite law enforcement agencies buzzing around Yahoo, Verizon finds the core merits of the deal are still intact. However, fresh non-disclosures could scuttle the deal. With Yahoo coming under renewed scrutiny by the federal law enforcement agencies, a senior executive… Read More ›
Frontier Airlines planning for an IPO
The low cost carrier has hired Deutsche Bank AG, Evercore and JPMorgan Chase & Co to manage its IPO. The New York Times has reported citing sources familiar with the matter at hand that Denver based, Frontier Airlines, a budget… Read More ›
Boeing receives order for at least 92 737 jets from SpiceJet
The value of the deal is expected to touch $10.1 billion. Bloombers has reported citing sources with direct knowledge of the matter at hand, SpiceJet Ltd, an Indian budget airlines, is expected to place an order for at least 92… Read More ›
Gartner acquires CEB in a cash and stock deal valued at $2.6 billion
The deal marks 2017’s first significant merger in the advisory, research and analysis industry. Gartner Inc, an IT research and an advisory company, has disclosed that it is set to acquire CEB Inc, a provider of business research and analysis,… Read More ›
American Apparel’s branding theme could potentially create pressure points for its acquirer
With Donald Trump pressurizing companies to subscribe to his agenda, American companies such as Amazon.com and Forever 21, could succumb to cost conscious competitor such as Canada’s Gildan Activewear Inc. According to sources familiar with the discussion at hand, online… Read More ›