Both companies are conducting their due diligence and aim to close the deal, subject to regulatory approval, by the end of this year. 1864 founded Dutch brewing giant Heineken NV has struck a $3.1 billion deal with China Resources Beer… Read More ›
regulatory approval
Japan’s Taiyo Nippon Sanso Corp to buy Praxair Inc’s European businesses for $5.9 billion
The purchase is contingent on the planned Praxair-Linde deal going through which is subject to regulatory approval. On Thursday, Japan’s Taiyo Nippon Sanso Corp disclosed that it had agreed to acquire some of Praxair Inc’s European businesses for $5.9 billion… Read More ›
Fox-Disney deal set to be approved by U.S. antitrust regulators: source
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
Toyota aiming to increase foothold in China’s EV market
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
All HNA acquisitions in the U.S. put on hold until ownership structure is clear
Failure to get CFIUS approval will put all of HNA investments in the U.S. in limbo. As per a source familiar with the matter at hand, the U.S. government is unlikely to approve any investment by China’s HNA Group until… Read More ›
Google to acquire a stake in HTC for $1.1 billion
The deal deepens Google’s investments in its Pixel line up. On Thursday, in a joint statement, Alphabet Inc’s Google and HTC, have said, the former will acquire a stake in HTC’s smartphone operations for $1.1 billion. As part of the… Read More ›
Delaware’s bankruptcy court grants Elliott Management some more time for its bid of Oncor Electric Delivery Co
With the Delaware bankruptcy court judge having to balance the myriad what-ifs scenarios, this case makes an interesting read. A U.S. bankruptcy judge has given Elliott Management Corp eleven more days to formalize its plans to bid on Oncor Electric… Read More ›
Anbang’s acquisition of Fidelity & Guarantee life falls through
There is more to this deal than meets the eye, especially in the wake of developments that preceded this wherein last month Kushner Companies ended talks with Anbang to redevelop its New York office tower. As per sources familiar with… Read More ›
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