On Thursday, Europe’s biggest food ordering and delivery company, Just Eat Takeaway said, in March its orders had registered a temporarily declined since restaurants were closed as part of a measure imposed by government to contain the spread of the… Read More ›
According to sources with knowledge of the matter at hand, KKR & Co. has temporarily paused a process to sell Singapore-based Goodpack, an intermediate bulk container maker, following the Wuhan Coronavirus outbreak which has significantly affected valuations for the proposed… Read More ›
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
A report from the Wall Street Journal citing sources familiar with the matter at hand states, Occidental Petroleum Corp plans on naming former Chief Executive Officer Stephen Chazen as its new chairman. Provided discussions don’t fall apart, Chazen’s appointment is… Read More ›
According to a report by the Wall Street Journal, activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to nearly 10% as he scales up his fight to take control over the oil producer. As of the… Read More ›
According to a source familiar with the matter at hand, France’s Alstom SA is close to clinching a deal to acquire Bombardier Inc’s train business. An announcement could come as soon as Monday, said the source while adding that the… Read More ›
China’s coronavirus outbreak has claimed it first big M&A deal. Melco Resorts & Entertainment Ltd, a Macau casino operator, has decided to not pursue its purchase of a stake in Australia’s Crown Resorts Ltd citing a plunge in traveler numbers… Read More ›
On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›
According to a statement on Brazil’s antitrust regulator Cade’s website, it has approved Boeing Co’s acquisition of Embraer SA’s commercial aviation division without restrictions. Boeing and Embraer welcomed the move with the former saying it remained confident of the deal… Read More ›
On Thursday, Mercari Inc, a fleamarket app operator stated, it has decided to acquire QR code payment app operator Origami for an undisclosed sum. The deal marks the latest consolidation in the industry even as cashless payments take off in… Read More ›
