Search result for Merger
Merger between Microsoft and Activision: Gamers file suit to block the agreement
Ten gamers are taking Microsoft to court to prevent the company's takeover of Activision Blizzard, the producer of the popular video game Call of Duty. The lawsuit filed in a US federal court alleges that the Xbox system maker's $69bn (£56bn) proposal to acquire its rival will "...
A judge in the United States has blocked the Penguin Random House merger, crushing Bertelsmann's development plans.
A US federal judge barred the €2.3 billion merger between Penguin Random House and Simon & Schuster on Monday after concluding that the transaction may "substantially" impair competition "in the market for the US publishing rights to expected best-selling novels."
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FIAT CHRYSLER AND PSA ALL SET TO COMPLETE THEIR MERGER
Highlights
• The $52 deal, which was announced in the month of October 2019, got shelved for a year courtesy of the coronavirus pandemic
• According to the reports, shares in Stellantis will start trading in Milan and Paris on Monday, and on Tuesday in New York
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KFTC REVIEW THE DEAL BY KOREAN AIR TO BUY ASIANA AIRLINES INC.
Highlights –
- KFTC review the deal by Korean Air to buy Asiana Airlines Inc.
- KFTC will see if the merger could constitute a monopoly or hurt market competition.
- Korean Air in November 2020 said that it will acquire its smaller rival As...
TETSURO FUKUYAMA OF CDPJ TO BE NO.2 OF THE BIGGEST MERGER OPPOSITION PARTY
Highlights –
- Tetsuro Fukuyama of CDPJ to be No. 2 of the biggest merger opposition party.
- Yukio Edano was elected as the chief of the new opposition party last week.
- Hirofumi Hirano from DPFP has been selected to become the election ...
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 ...
SAMSUNG ELECTRONICS EMBROILED IN LEGAL BATTLE AGAINST PROSECUTORS
- Samsung Electronics is facing rough weather as never seen before, finding itself in the midst of another legal battle against prosecutors as its heir apparent Lee Jae-yong on Tuesday was impeached for his alleged role in a 2015 merger and fraudulent accounting.
- Legal representa...
JAPAN'S DPFP TO DISSOLVE AND MERGE WITH THE COUNTRY’S LARGEST OPPOSITION PARTY
Highlights –
- Japan’s DPFP to dissolve and merge with the country’s largest opposition party to make a new one.
- The country’s two largest opposition parties have decided to stand united against Prime Minister’s ruling coa...
POSSIBLE TALKS FOR MERGER BETWEEN NISSAN MOTOR CO. AND HONDA MOTOR CO. EXPECTED THIS YEAR
Highlights –
- Possible talks for a merger between Nissan Motor Co. and Honda Motor Co. expected this year.
- The suggestion of a merger was made at the end of last year.
- Japanese government officials are worried over Nissan’s alli...
MERGER DISCUSSIONS FAIL BETWEEN THE MEMBERS OF JAPAN’S OPPOSITION PARTY
Highlights –
- Merger discussions fail between the members of Japan’s opposition party.
- Japan’s Democratic Party for the people has announced that it will not participate in a merger.
- Yuichiro Tamaki rather decides to split ...
JEJU AIR PLANS TO PULL OUT FROM THE MERGER DEAL WITH EASTAR JET
Highlights –
- Jeju Air plans to pull out from the merger deal with Eastar Jet.
- Eastar Jet had failed to meet the deadline to fill its pre-requisites.
- The deal between the two airline companies was of $45 million.
- Unpaid wag...
DUTCH GOVERNMENT TO AID AIR FRANCE WITH BAILOUT PACKAGE
Highlights –
- The Dutch government will aid Air France with $3.8 billion.
- The Dutch government will appoint an observer to Air France - KLM’s board.
- At 0832 GMT, Air France-KLM shares were up 1.8%.
- KLM will receive $2....
EU MAKES HARDER FOR FOREIGN FIRMS TO BUY STAKES IN EUROPEAN COMPANIES
Highlights
- In 2016, 3% of European companies were owned by non-EU investors
- It represents 35% of total assets
Concerns grow over the unfair competition in Europe. The EU is making it harder for foreign state-backed firms to buy stake...
A NEW MINISTRY - FOREIGN, COMMONWEALTH, AND DEVELOPMENT OFFICE TO LAUNCH IN BRITAIN
Highlights –
- Prime Minister of Britain plans to merge two former ministries.
- Foreign Office ministry and International Development ministry will merge into a new venture.
- The new ministry will be called the Foreign, Commonwealth, and ...
POSSIBLE MERGER BETWEEN ASTRAZENECA AND GILEAD SCIENCES
Highlights –
- AstraZeneca Plc and Gilead Sciences may enter into a possible merger.
- Both pharmaceutical companies are renowned for their successful drug creations.
- AstraZeneca is supposedly valued at $140 billion, it is the U.K.’...
MERGER AND ACQUISITION DEALS IN AUSTRALIA FACE PRESSURE
Highlights
- Coronavirus outbreak has adversely affected financial markets
- It has made difficult to put price tags on deals
Reports suggest that at least three Australian takeovers are facing lower prices a...
SPICEJET ANNOUNCES TO SIGN A PACT WITH GHASL
Highlights
- It is to set up a warehousing, distribution and trading facility in the airport operator's aerospace and industrial park
- GAHSL is a fully-owned subsidiary of GMR Hyderabad International Airport Ltd
On Friday, Budget ca...
JM BAXI TO RAISE EQUITY INVESTMENT FROM THE CANADA PENSION PLAN INVESTMENT BOARD
Highlights
- Around 1,400 crore will be raised
- The discussion is in the final stage
Reports suggest that JM Baxi is in the final stages of discussions with the Canada Pension Plan Investment Board (CPPIB). The discussion is to ra...
GOLDMAN SACHS AND CHRYSCAPITAL VIE TO BUY A 20% STAKE IN SHRIJI POLYMERS (INDIA) LTD
Highlights
- Shriji Polymers is expecting to get a valuation of nearly 1,200 crore
- The deal is still being negotiated
Reports suggest that ChrysCapital and Goldman Sachs are vying to buy a 20% stake in Shriji Polymers (India) Ltd. Gold...
THE MERGER OF CONSUMER PRODUCTS HAS FAVORED TATA GROUP
Highlights
- The markets have warmed up to the move
- The merger will broaden the product portfolio along with doubling the household reach
The Tata group had earlier announced a restructuring of its consumer products business. It was un...