According to sources familiar with the matter at hand, Carlyle Group Inc is in advanced talks to acquire U.S. defense contractor ManTech International Corp in a deal that values it at around $4 billion. Ever since reports of ManTech’s co-founder George Pederson… Read More ›
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Philip Morris International Inc makes $16B offer to acquire Swedish Match
In a statement on Wednesday, Philip Morris International Inc said, it was making a cash offer to acquire Swedish tobacco and nicotine products maker Swedish Match for 106 Swedish crowns per share. The value of the offer for Swedish Match, a Stockholm-listed… Read More ›
Delaware court rules in Elon Musk’s favor in Tesla SolarCity deal
In a significant development, a Delaware judge ruled that Tesla Inc’s Chief Executive Officer, CEO, Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker to acquire SolarCity Corp in 2016, when Musk was its chairman… Read More ›
Musk acquires Twitter Inc for $44 Billion
In a significant development Elon Musk has agreed to acquire Twitter Inc for $44 billion in an all cash deal. Musk, who terms himself as a free speech absolutist, was earlier critical of Twitter’s moderation. He aims to place Twitter’s algorithm… Read More ›
Netflix to acquire Finland’s publicly listed mobile gaming company Next Games
In a statement on Wednesday, Netflix said, it has offered to acquire Finnish Next Games, a publicly listed mobile games company. “We are excited for Next Games to join Netflix as a core studio in a strategic region and key… Read More ›
Intel aims to acquire Tower Semiconductor for around $6 billion
According to a source familiar with the matter at hand, Intel Corp is close to acquiring Israel’s Tower Semiconductor for around $6 billion. The deal comes at a time when Intel is looking to advance its strategy of contract manufacturing chips… Read More ›
Temasek Holdings seeks to acquire controlling stake in Element Materials Technology for around $7 billion
Singapore’s Temasek Holdings has agreed to acquire Element Materials Technology for around $7 billion, in an attempt to boost growth in the testing and inspection services market, said two sources familiar with the matter at hand. State investor Temasek, which acquired… Read More ›
Microsoft Corp eyes acquisition of Activision Blizzard for $68.7 billion
Microsoft Corp has agreed to acquire Activision Blizzard in a $68.7 billion deal marking the biggest ever acquisition in the gaming industry’s history to date underscoring the tech giant’s interest in increasing its footprint in the virtual gaming industry. The deal,… Read More ›
Moller-Maersk in advanced negotiations to acquire LF Logistics for $3 billion
According to sources familiar with the matter at hand, Denmark based A.P. Moller-Maersk is in an advanced stage of negotiations to acquire Hong Kong based LF Logistics for around $3 billion. An announcement for the potential deal could be made as… Read More ›
Clearlake Capital acquires Quest Software Inc from Francisco Partners in $5.4 billion deal
According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›