On Friday, U.S. hedge fund Farallon Capital Management stated it has asked Toshiba Corp to convene an Extraordinary General Meeting (EGM) over its investment strategy. This is the second such call for an EGM in a week by major Toshiba… Read More ›
mergers and acquisitions
S&P Global Inc in advanced negotiations to acquire HIS Markit for $44 Billion
According to a report from the Wall Street Journal, S&P Global Inc is in advanced talks to acquire IHS Markit Ltd for around $44 billion. The deal, which will see the consolidation of two major data providers, is likely to… Read More ›
Zurich Insurance Group AG in advanced negotiations to acquire MetLife Inc’s car and home insurance business for $4 billion
According to sources familiar with the matter at hand, Zurich Insurance Group AG is in advanced negotiations to acquire MetLife Inc’s property and casualty (P&C) car and home insurance business for around $4 billion. Late on Friday, Zurich Insurance issued a statement… Read More ›
Dunkin’ Brands Group Inc in early negotiations to sell itself to Inspire Brands
In a statement Baskin Robbins chains owner Dunkin’ Brands Group Inc said, it has held preliminary discussions with private equity-backed restaurant company Inspire Brands. “There is no certainty that any agreement will be reached,” said Karen Raskopf, Chief Communications Officer of… Read More ›
Britain to enact law to safeguard assets of national security
The British government is set to table a bill which will enable it to intervene in mergers and acquisitions that threaten national security; intervention measures will include blocking the purchase of assets, including those related to intellectual property, as well… Read More ›
Warehouse giant Prologis Inc to acquire Liberty Property Trust for $12.6 billion
The deal has at least $120 million in cost synergy. In a statement, Warehouse giant Prologis Inc said, it has agreed to acquire Liberty Property Trust, a rival industrial real-estate business , for $12.6 billion. The deal is aimed at… Read More ›
UniCredit preparing to bid for Commerzbank AG
UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›
Germany tightens foreign investment rules eyeing China
Earlier this month, European Union states have agreed to coordinate scrutiny of foreign investments in Europe, notably from China. In a significant development, Germany has agreed to adopt new business rules that lowers the threshold for screening for mergers and… Read More ›
Saudi Aramco to investment $150 billion in the next 10 years: CEO Amin Nasser
The Saudi energy giant is positioning itself to tap the booming LNG market – a much cleaner fuel compared to pollution-heavy crude oil. On Tuesday, Saudi energy giant Aramco stated, its gas program is likely to draw $150 billion in… Read More ›
Elliott Management and Veritas Capital acquire Athenahealth for $5.5 billion
Athenahealth’s subscription-based cloud service tracks the revenues of hospitals, physicians and patients. According to sources familiar with the matter at hand, activist hedge fund Elliott Management and private equity firm Veritas Capital have agreed to acquire Athenahealth Inc, a U.S…. Read More ›
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