Search result for Takeover
Thailand Set to Takeover Myanmar’s Biggest Gas Field
The State Oil and gas explorer of Thailand is planning to take over the biggest gas field of Myanmar as Total Energies and Chevron Corporation exited the Southeast Asian state last year.
Thailand’s PTT Exploration and Production Pcl will be acquiring the Yadana field. PTTEP alread...
SAFEX CHEMICALS ACQUIRES SHOGUN ORGANICS
HIGHLIGHTS
- Safex Chemicals has acquired Shogun Organics.
- Shogun Organics is based in Mumbai.
- The terms of takeover deal not revealed to media.
- Safex Chemical is planning to expand its presence into new market segments.
SHIMACHU CO. ACCEPTS TAKEOVER BID BY NITORI HOLDINGS CO.
Highlights –
- Shimachu Co. accepts takeover bid by Nitori Holdings Co.
- Nitori offered to buy Shimachu at a price than DIY rival DCM Holdings Co.
- Nitori is offering $52 per Shimachu share from Monday to Dec.28.
- Shimachu Co. h...
OOTOYA RESHUFFLED ITS MANAGEMENT AFTER COLOWIDE’S SUCCESSFUL TAKEOVER BID
Highlights –
- Ootoya reshuffled its management after Colowide’s successful takeover bid.
- Ootoya’s shareholders approved Colowide’s request to dismiss 10 of 11 board members.
- Seven new directors were appointed by the s...
CLEVER BUSINESS TRANSILVANIA'S TAKEOVER OF PRIMA TV APPROVED IN ROMANIA
HIGHLIGHTS
- Clever Business Transilvania media group has taken over local Prima TV.
- Competition Council has approved the takeover.
Romania's competition authority has approved the recent takeover of local Prima TV by Clever Busine...
RELX ACQUIRES UK ANALYTICS FIRM SCIBITE
HIGHLIGHTS
- Relx has acquired British data analytics firm Scibite.
- The deal has been signed for £ 65 Million.
Relx has acquired British data analytics firm Scibite. Relx is planning to shift its focus to digital services. Althou...
RELIANCE RETAIL TO ACQUIRE FUTURE GROUP’S UNITS
HIGHLIGHTS
- Reliance Retail is going to acquire Future Group’s units for $3.4 billion.
- Future Group is the second largest bricks-and-mortar retailer in India.
Reliance Retail, the largest retail chain in India is set to acquire ...
TAKEOVER BID DEADLINE FOR OOTOYA HOLDINGS CO. BY COLOWIDE CO. TO BE EXTENDED
Highlights –
- Takeover bid deadline for Ootoya Holdings Co. by Colowide Co. to be extended.
- Colowide runs a wide range of Japanese-style pubs and restaurants.
- Colowide had earlier failed to gain a 45 percent stake in Ootoya.
SANOFI SA TO BUY PRINCIPIA BIOPHARMA
HIGHLIGHTS
- France-based Sanofi SA is set to buy US-based Principia Biopharma.
- The deal has been finalized for $ 3.7 billion.
- The deal will strengthen Sanofi's research capabilities in various including autoimmune and allergic diseases.<...
ATOS ACQUIRES FRENCH CONSULTING FIRM ECOACT
HIGHLIGHTS
- French IT services giant Atos has acquired consultancy firm EcoAct.
- EcoAct specialises sustainability and renewable energy deployment.
- EcoAct has 150 employees in offices across Europe, North America and Africa who will now work ...
SOUTH KOREA'S JEJU AIR MAY SCRAP PLAN TO TAKE OVER EASTER JET
HIGHLIGHTS
- Jeju Air Co Ltd is having second thoughts about take over Eastar Jet.
- Jeju is reconsidering its decision due to air travel reducing all over the world due to coronavirus.
- The diplomatic feud between South Korea and Japan is also ...
JAPAN TO PROTECT COMPANIES FROM CORONAVIRUS BARGAINING HUNTERS
HIGHLIGHTS
- As many businesses all over the world put operations on hold due to coronavirus, they suffered losses and Chinese companies bailed them out, taking over them in process.
- Japanese government wants to save Japanese companies from such takeove...
2019: A year of mergers and acquisitions
In 2019, a wave of U.S. ‘super mega’ mergers drove corporate deal-making to its fourth-strongest year on record. Each of it worth more than $10 billion. It was despite the economic jitters that roiled global trade.
According to figures compiled by data provider Refinitiv, th...