Broadcom has let it be known that it is prepared for a takeover battle. According to 4 sources familiar with the matter at hand, Qualcomm Inc is preparing to reject Broadcom’s $103 billion takeover bid as early as this week…. Read More ›
shareholders
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 ›
Fixed-line network is a strategic asset: Telecom Italia’s Chairman
While boosting the return of investment for stakeholder’s is important, it should not be at the cost of of dilution of a strategic asset. Other avenues will have to be sought on how to add new shareholders to Italy’s broadband… 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 ›
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 ›
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 ›
Activist investor Jana Partners cashes out of Whole Foods Market Inc
The activist investor was instrumental in pushing Whole Foods to sell itself. In 3 months the hedge fund made more than 300 million in profits. As per a regulatory filing, activist investor Jana Partners LLC has cashed out of its… Read More ›
Trian Fund Management LP seeks a seat at P&G’s board
The fund aims to boost shareholder’s value in the company. A regulatory filing has revealed that activist investor Trian Fund Management LP is seeking a board seat for Nelson Peltz at Procter & Gamble Co. Trian Fund Management LP,… Read More ›
The ECB is likely to launch ownership control procedures for 2 of the top Deutsche Bank’s share holders
The fact that the Europe’s central bank is considering to investigate China’s & Qatar’s holdings is telling. As per a regulatory source within Europe’s top banking regulator, the bloc’s central bank is considering carrying out a review of Deutsche Bank’s… Read More ›
Starwood to raise its bidding price for Milestone Apartments Real Estate Investment Trust
Toronto-based Starwood is vying to acquire Dallas based Milestone for$1.3 billion. As per sources familiar with the situation, Starwood Capital Group has entered in talks with Milestone Apartments Real Estate Investment Trust, to raise its bid for its $1.3 billion… Read More ›
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