Singapore’s online classifieds company Carousell merges with Norway’s Telenor in a deal valued at more than $850 million. On Thursday, in a statement, Singapore’s Carousell, an online classifieds company stated, it has agreed to a proposal to merge with a… Read More ›
combined company
CYBG acquires Virgin Money for $2.26 billion
The acquisition sees the creation of the 6th largest bank in the UK. On Monday, in a development that witnesses the creation of the 6th biggest bank in Britain, CYBG, a mid-sized bank, has agreed to acquire Virgin Money for… Read More ›
Dutch paintmaker Akzo Nobel in early acquisition talks with U.S. Axalta Coating Systems Ltd
As per analysts, although the going is likely to be tough for Akzo, the company is under heightened pressure to deliver given its past behavior and performance. On Monday, Akzo Nobel, the Dutch paints and coatings maker who came under… Read More ›
T-Mobile U.S. Inc and Sprint Corp in exploratory merger talks
With both companies expecting touch negotiations with antitrust regulators, they are both keeping their cards close to their chest and have yet to disclose their respective potential concessions. According to multiple sources familiar with the matter at hand, T-Mobile U.S…. Read More ›
Burberry rejects multiple takeover offers from Coach Inc.
If the merger would have gone ahead, according to the Financial Times, the market capitalisation of the combined company would have been in excess of $20 billion. As per the Financial Times, Burberry, a British luxury fashion brand, has rejected… Read More ›