Siemens expect the deal to lift its EPS within 3 years of this merger. Within 4 years of the closure of this acquisition, Siemens expects its EBIT to jump by $108 million. In a strategic move aimed at strengthening its… Read More ›
Regulations & Legal
Chinese investment Group in advanced talks to buy IDG
Yet another Chinese group, whose investors have not been identified, is eyeing media assets. The deal could trigger national security concerns and is likely to face increased CFIUS scrutiny. A pioneering technology publishing company and owner of market research firm… Read More ›
Survey by Chartered Institute of Personnel Development shows business sentiment wallowing at its 4 year low
A tough negotiating stance by the Theresa May’s government will only up the risks of a hard Brexit. If the free-movement of labour, a key concept of the EU, is disagreed upon, business sentiments will dip even further, signalling a hard… Read More ›
Transitional deal is key before the starting of Brexit talks – RBS Chairman
Although Britain’s negotiation strategy could revolve around its coveted financial centre, that however could fall flat and be a non-starter if large banks, which form the core of its financial services, were to relocate to other EU states in order… Read More ›
Valeant Pharmaceuticals International Plc looking to change its name
Wanting to break away from its past image, Valeant has hired a new CEO, has revamped its board of directors, and is looking forward to settling its debt. William Ackman told CNBC that Valeant Pharmaceuticals International Plc, is likely to… Read More ›
Hyperloop One to have another funding round in early 2017
According to a feasibility study, if Hyperloop One were to connect Stockholm with Helsinki, the trip would take roughly 30 minutes. Using current transport systems you will have to take a ferry overnight through the Baltic. Hyperloop One’s founders have… Read More ›
Labour laws could tilt towards pro-business under Trump
Trump sailed through smoothly even in heavily unionized states such as Michigan, which is home to United Auto Workers (UAW). With the Republicans controlling both houses of the Congress as well as the Presidency, it wouldn’t be surprising if they… Read More ›
Pfizer weighing options to sell or spin-off its consumer health division
Pfizer, one of the most prolific companies in the M&A market this year, has been toying with this question since some time. Many drugmakers have opted to streamline their varied portfolios so as to manage them better and boost profitability…. Read More ›
Goldman Sachs considering shifting its base of operations from London to Frankfurt – Sources
Goldman Sachs is carefully weighing its options vis-a-vis Brexit. Once Brexit negotiations begin there could be more clarity on the terms of the divorce which in turn could allow it to take a meaningful decision. As per 3 independent sources,… Read More ›
Impact of Trump’s proposals on the U.S economy
Trump’s win has a silver lining: If he were to follow through with his economic proposals vis-a-vis trade and immigration, they could fuel inflation and boost wages, something that the Federal Reserve has been struggling with for the last couple… Read More ›