mergers-and-acquisitions
Top StoriesBBVA readies remedies to secure sabadell deal despite competition setback
TradingRussia explores plan to merge rosneft with gazprom subsidiary and lukoil, WSJ reports
BusinessUK regulator says $19 billion Vodafone-Three tie-up likely to go ahead
BankingCiti hires top dealmaker jeff stute from perella to bolster healthcare M&A ranks
Europe’s banking union is crucial for merger push, says German banks group head
Date: October 28, 2024
By Maria Martinez WASHINGTON (Reuters) – Progress on European banking union is vital to policymakers’ push to encourage cross-border mergers because banks will only be able to leverage synergies if there is a common market for their services, the head of Germany’s banks’ association said. Designed after the financial crisis, the banking union aims to...
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
Date: October 17, 2024
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record. A revival in corporate debt issuance, initial public offerings (IPOs) and mergers has bolstered profits for Wall Street banks this...
Britain’s SSE rebuffed EDP proposal to merge, sources say
Date: October 16, 2024
By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON (Reuters) – Portugal’s main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did not progress, three people familiar with the matter told Reuters. The proposed deal would have created one of Europe’s largest utilities, with the companies’ combined...
More haste, less speed – completing deals against the clock
Date: October 7, 2024
By Claire Van der Zant, Chief Growth Officer, Shieldpay The last few years have seen interest rates peak and inflation climb as geopolitical and macroeconomic uncertainties have weighed on markets and the financial sector around the world. While uncertainty still abounds, there has been some uptick in confidence, with data indicating merger and acquisition activity...
Private equity advisors vs. investment bankers: Key differences
Date: September 27, 2024
You’ve probably heard of both private equity advisors and investment bankers. And you might know how they are different. But many people still don’t understand what differentiates them, and how distinct they actually are. If you run private equity investments in the private equity industry, venture capital with venture capital firms, or are looking for...
M&A rebound: How tech’s powering a 21st century approach to the process
Date: September 26, 2024
Steve Ponting, Director at Software AG Mergers and Acquisitions (M&A) are on the rebound – and surprise, surprise – one of the central recovery drivers is Gen-AI. AI Appetite is alive and kicking with AI firms receiving early-stage investments totalling $7.5 billion in the first quarter alone globally. Following a sluggish slowdown due in no small...