Following Occidental Petroleum Corp acquisition of Anadarko, the Mozambique LNG project will be sold to French energy major Total SA. In what is slated to be Africa’s single biggest LNG project, U.S. energy Anadarko Petroleum Corp stated, it has approved… Read More ›
The deal will not only add to Pfizer’s EPS, but will also provide to stronger traction in the cancer drugs market. U.S. pharmaceutical giant Pfizer Inc stated it would acquire Array Biopharma Inc for $10.64 billion in cash. The potential… Read More ›
The acquisition is being routed though BidFair USA. In a deal worth $3.7 billion, Patrick Drahi, has agreed to purchase art auction house Sotheby. The billionaire tycoon behind telecoms and media group Altice has signed a definitive agreement to be… Read More ›
10 states, led by California and New York, have filed a lawsuit to stop the merger saying it would increase subscriber’s costs. The judge hearing a complaint from state attorneys general who are aiming to stop the $26 billion merger… Read More ›
Shutterfly’s business has become increasingly commoditized and competitive, forcing it to explore a sale. Apollo Global Management LLC, a private equity firm, has agreed to acquire U.S. digital imaging company Shutterfly Inc for $2.7 billion, including the company’s $900 million… Read More ›
Merger talks are likely to begin in mid-June. According to a CNBC report citing sources familiar with the matter at hand, the board of CBS Corp is preparing for merger talks with Viacom Inc. The merger talks between the two… Read More ›
An European industrial giant in Europe bodes well for the bloc. On Monday, Sibeth Ndiaye, a spokeswoman for the French government stated, the government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and France’s Renault…. Read More ›
Fiat Chrysler’s proposed merger with Renault aims to mitigate the costs of emerging technological and regulatory challenges by creating a company which will be the third biggest carmaker in the world. On Monday, shares of Renault and Fiat surged following… Read More ›
The Peugeot carmaker has shown a willingness for others to join its bid for acquiring JLR. In a significant development, the PSA Group stated, it is ready to consider a potential tie-up for acquiring UK-based Jaguar Land Rover (JLR) from… Read More ›
The energy-to-telecoms conglomerate picked up Hamleys from C Banner International Holdings. One of India’s biggest conglomerate Reliance Industries Ltd stated it has acquired British toy retailer Hamleys. In a statement, Reliance Industries stated through its subsidiary Reliance Brands Ltd, that… Read More ›
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