The deal will enable T-Mobile Austria to better compete with bigger rivals such as A1. Liberty Global Plc stated it would divest its UPC Austria business to T-Mobile Austria, an unit of Deutsche Telekom, for a value of $2.25 billion… Read More ›
M&A
Swiss pharmaceutical giant Roche acquires U.S. Cancer drug maker Ignyta for $1.7 billion
Ignyta’s precision drugs and diagnostic portfolio will help Roche increase its global footprint in the oncology department. On Friday, U.S. cancer drugmaker Ignyta Inc and Swiss drugmaker Roche disclosed that the Swiss pharmaceutical giant will acquire U.S. drugmaker for $1.7… Read More ›
France’s Unibail-Rodamco acquires Australia’s Westfield Corp for $24.7 billion, including debt
The combined company has properties strategically located in 27 of the world’s most alluring retail markets. In what is said to be the biggest takeover of an Australian company to date, France’s Unibail-Rodamco has agreed to acquire shopping mall owner… Read More ›
Brookfield Property Partners LP pursuing mall owner GGP Inc with improved offer
A deal would enable the firm to have enough financial and market clout to take on e-commerce giants such as Amazon.com As per sources, GGP Inc, one of the largest owners and operators of U.S. shopping centers, has rejected a… Read More ›
Thyssenkrupp aims to transform intself into a tech group
The German steel company intends to come out of the volatile steel sector and intends to focus on making car parts and elevators. On Tuesday, German business daily Handelsblatt reported citing an interview of Thyssenkrupp’s Chairman Ulrich Lehner in which… Read More ›
Broadcom unveils its list of nominees for Qualcomm’s board
The move, its first step towards Broadcom’s acquisition of Qualcomm, was on expected lines. Its March 6 AGM promises to be eventful. On Monday, in a significant development, Broadcom Ltd took its first step towards its hostile takeover of Qualcomm… Read More ›
British insurer Aviva lays out dividend plan for shareholders
Analysts have reiterated that Aviva’s bullish goals are within reach and achievable. On Thursday, with British insurer Aviva stating, it expects to generate an extra $4.04 billion (3 billion pounds) in cash over the next 2 years and plans on… Read More ›
Roark Capital Group acquires Buffalo Wild Wings for $2.4 billion
The development marks the latest purchase of a restaurant, in a streak of acquisitions by privately held firms in this industry. On Tuesday,, following Roark Capital Group’s disclosure that it will be purchasing Buffalo Wild Wings Inc for $2.4 billion,… Read More ›
CRC set to buy Banca Carige’s consumer credit business
Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
Broadcom intends to make significant changes in Qualcomm’s patent licensing system
Qualcomm’s patent licensing system is the root cause of much dispute. By targeting changes in it, Broadcom can win over antitrust regulators and Apple. In a development pregnant with possibilities, a source familiar with the matter at hand has stated,… Read More ›
manageria.biz 