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 ›
Mergers & Acquisition
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 ›
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 ›
Northrop Grumman’s acquisition of Orbital ATK Inc will exceed $7.7 billion
The deal is likely to be finalized on Monday, however, it could draw scrutiny from the Pentagon given the vertical integration related issues with weapon systems developed by Northrop Grumman and Orbital ATK. As per a source familiar with the… Read More ›
Makan Delrahim in the lead to head the Antitrust division of the Justice Department
Democratic Senator Elizabeth Warren met up with U.S. President Donald Trump in the run up to the race as to how is going to head this important division. According to a source familiar with the discussions at hand, Senator Elizabeth… Read More ›
U.S. Fintech firm Fiserv offers to acquire UK-based Monitise for $98 million
Fiserve has managed to secure a significant 9.9% of Monitise’s issued share capital in its bid, thus ensuring that the bid is likely to sail through. Fiserv, a U.S. fintech company has upgraded its offer to $98 million (75 million… Read More ›
Vantiv receives extension for placing final bid for UK-based Worldpay
One of the sticky points holding back the negotiations is the location of the combined company. While Worldpay is pushing London as the location for the HQ, the terms of Brexit are likely to play a key role in deciding… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Yahoo’s troubles rocks Verizon’s acquisition of the company
Despite law enforcement agencies buzzing around Yahoo, Verizon finds the core merits of the deal are still intact. However, fresh non-disclosures could scuttle the deal. With Yahoo coming under renewed scrutiny by the federal law enforcement agencies, a senior executive… Read More ›