Search result for Merger and Acquisition
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...
EXOR TO SELL PARTNERRE TO COVEA
Highlights
- The deal is worth $9 billion
- MoU has been signed between the two
On Tuesday, Exor stated that it has entered a memorandum of understanding (MoU). MoU is to sell its 100% stake in PartnerRe. It will be sold to Covea. The d...
GILEAD SCIENCES INC WOULD BUY FORTY SEVEN INC
Highlights
- The deal would be for $4.9 billion
- It will add to its portfolio of oncology drugs
On Monday, Gilead Sciences Inc said it would buy Forty Seven Inc. It will be $4.9 billion in cash. To its portfolio of oncology drugs, it w...
NEW PRODUCTS UNDER NESTLE AND STARBUCKS ALLIANCE TO HELP INCREASE SALES
Highlights
- Many products will be introduced globally
- The alliance will help Nestle to tackle competition in the coffee market
New products developed under the coffee alliance of Nestle and Starbucks will help to increase sales. It is...
BHARTI INFRATEL EXTENDS DEADLINE FOR THE INDUS MERGER
Highlights
- It has been shifted to April 24
- It has been extended for the third time
On Monday, the board of Bharti Infratel extended the deadline for the closure of its merger with Indus Towers. It wa...
PEPSICO INC TO BUY BE & CHEERY
Highlights
- The deal is worth $705 million
- Be & Cheery is one of the largest online snack companies of China
PepsiCo Inc has agreed to buy Be & Cheery. Be & Cheery is a Chinese snack brand. It will be bought from the local...
NEW YORK DROPS ITS FIGHT AGAINST A MERGER DEAL
NEW YORK DROPS ITS FIGHT AGAINST A MERGER DEAL
Highlights
- Merger is between Sprint Corp and T-Mobile US Inc
- The deal is worth $40 billion
On Sunday, New York dropped its fight against a merger deal. ...
TAX DEPARTMENT TO SCRUTINIZE SEVERAL MERGER DEALS
Highlights
- It applied for companies who merged through share swaps
- As they might have artificially created or inflated goodwill
Several deals have come under the lens of the tax department. The merge of b...
NIDEC CORP PLANS TO FOCUS ON ELECTRIC VEHICLE POWERTRAINS
Highlights
- Their growth strategy lies in the EV motor system
- They will also focus on merger and acquisitions
Over the next five years, Japan’s Nidec Corp plans to increase its revenue. It intends to do th...
Takeaway.com declared a takeover of Just Eat
Takeaway.com declared a takeover of Just Eat
Highlights
- The deal is for $7.8 billion
- Approval of Competition authority is awaited
On Friday, Takeaway.com declar...
ENBRIDGE FACES CRITICISM ON ITS SELLING PLANS
Highlights
- Enbridge says it would benefit western Canadian industry
- Oil producers of Canada criticizes it
Enbridge Inc has received a lot of criticism lately. It is a Canadian pipeline company. On Thursday, it said t...
AZUL TO ACQUIRE TWO FLEX
On Tuesday, Azul SA stated that it will buy Two flex, a regional carrier. Azul is Brazil’s third-largest airline. The deal will be worth 123 million reais ($30 million). The aim of Azul SA behind this purchase is to expand its presence at the disputed domestic airport of Sao Paulo.
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