In April 2018, Total had shown interest in the Saudi petrol station market. This collaboration follows up on the earlier MOU it had signed with the Saudi oil and gas giant. On Tuesday, Patrick Pouyanne, the Chief Executive of French… Read More ›
partnership
Walmart Inc takes the fight to Amazon.com Inc: explores close ties with health insurer, Humana Inc
If a deal was to materialize, Walmart will have to navigate the complex U.S. healthcare industry while meeting the challenges of a rapidly changing retail market. As per sources familiar with the matter at hand, Walmart Inc, the world’s… Read More ›
Blackstone Group LP in advanced talks to acquire Thomson Reuters’ F&R business for more than $17 billion
Thomson Reuters’ Financial and Risk business accounts for more than 50% of the group’s total revenues. As per 3 sources familiar with the matter at hand, Blackstone Group LP, a private equity firm, is in advanced talks to With Thomson… Read More ›
Sanofi SA close to acquiring Bioverativ Inc for more than $11.5 billion
France-based pharmaceutical giant, Sanofi SA needs to clinch this deal.The MNC has also obtained the rights to develop and sell a new hemophilia drug in a strategic restructuring of its partnership with Alnylam Pharmaceuticals. As per a report by the… Read More ›
The finer points of the Bombardier Airbus deal
Ever wondered why suddenly the Canadian government selected Airbus when it was actively courting greater economic ties with China following Trump’s threat of tearing apart and renegotiating NAFTA agreement? This makes an interesting read. According to five sources familiar with… Read More ›
Sprint explores strategic partnership with Charter and Comcast
The likelihood of an agreement is high since it would ease antitrust concerns over its merger with T-Mobile. As per two sources familiar with the matter at hand, Sprint Corp is exploring a partnership with Comcast Corp and Charter Communications… Read More ›
Sirius XM negotiating PIPE deal with Pandora Media
If the deal goes through, it could potentially be a win-win situation for both companies, given their common target audience. As per sources familiar with the matter at hand, Sirius XM Holdings Inc, a U.S. satellite radio company is looking… Read More ›
Wal-Mart set to launch its first investments arm – Store No. 8
In order to better compete with arch rival Amazon.com, Wal-Mart is hoping to profit from the benefits of its investment arm, which will focus on tech startups, so as to better compete in its e-commerce push. The world’s largest brick… Read More ›
Viacom’s Paramount Pictures signs a $1 billion deal with Huahua Media and Shanghai Film Group
Through these partnerships, Chinese companies are getting two birds with one stone: while on one hand they are quickly learning the tricks of the trade of great film making, these investments also make business sense in terms of return on… Read More ›
Panasonic deepens its strategic partnership with Tesla
It will be investing $256 million in Tesla’s plant in Buffalo, NY which will manufacture solar photovoltaic cells and modules. Panasonic Corp is set to invest $256 million (30 billion yen) in Tesla New York facility which will make photovoltaic… Read More ›
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