The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
M&A
T-Mobile’s share buyback program could start from December
The company plans on using its collapsed merger with Sprint as a spring board to future M&A deals. On Thursday, T-Mobile’s CFO disclosed that the third biggest carrier will propose a “significant” share buyback that could begin in December. The… Read More ›
Qualcomm signs 3 non-binding MOUs with Oppo, Xiaomi and Vivo
The potential deals were signed during U.S. President Donald Trump’s visit to Beijing. Their potential worth is difficult to assess since they are non-binding. On Thursday, the U.S. State Department stated that Qualcomm Inc has signed potential deals worth $12… Read More ›
CenturyLink wins FCC approval for its $24 billion acquisition of Level 3 Communications Incs
This merger has set a precedence since with this deal, the FCC has outlined a new standard by which the agency will review future mergers. Telecommunications provider CenturyLink Inc has won regulatory approval for its $24 billion acquisition of Level… 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 ›
Elliott Management stalled at its acquisition of Gigamon
Having acquired a stake of 15.4%, Elliott Management’s bid for Gigamon has currently stalled due to its offer price being below Gigamon’s currently traded share price of $43.55. As per sources familiar with the matter at hand, Elliott Management’s attempt… Read More ›
Amazon looking to expand its footprint in France
Amazon is on the prowl in France. The online retailer aims at entering the country either theough the acquisition route or buying a stake in a French supermarket. French Newspaper Le Monde has reported citing sources familiar with the matter… Read More ›
French industrial giant Alstom SA agrees to merge with German engineering giant Siemens AG
The industrial giants have agreed to stand shoulder to shoulder to withstand the assault of China state-owned railways – CRRC Corp Ltd. In a significant development, French industrial group Alstom SA has agreed to merge its railways business with its… Read More ›
Bayer revises the completion of its $66 billion takeover of Monsanto to early 2018
The European Commission is scrutinizing the impact the deal will have on competition in pesticides and seeds markets. On Tuesday, German pesticides and drugs makers Bayer said, it would need some more time to complete its $66 billion takeover of… Read More ›
Clariant’s $20 billion merger with Huntsman Corp in doubt after White Tale becomes Clariant’s biggest shareholder.
As per White Tale the merger between the two Swiss chemical makers did not make sense since it does not bring about value to shareholders. Of the $400 million cost savings that are targeted through the merger, Clariant alone could… Read More ›