mergers-and-acquisitions
Top StoriesAustralia’s united malt agrees to $1 billion takeover offer from france’s InVivo
Top StoriesGoogle lays off staff at its mapping app waze
Top StoriesIntelsat, SES end merger talks – source
Top StoriesBritain’s ITV considers possible deal to buy All3Media
German media group axel springer eyes AI acquisitions
Date: June 9, 2023
German media group Axel Springer eyes AI acquisitions BERLIN (Reuters) – German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in artificial intelligence, CEO Matthias Doepfner said in an internal podcast to employees obtained by Reuters. The M&A competence centre “needs to entirely focus on acquisitions – early-stage...
Analysis-Inflows into unloved European telecoms signal brighter future
Date: May 26, 2023
Analysis-Inflows into unloved European telecoms signal brighter future By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Investors have poured money back into unloved European telecoms stocks on expectations that costly investments have peaked and that a resurgence in mergers and acquisitions could lead to fatter returns. The return of inflows could signal a turning...
Mergers & acquisitions? More like migraines & aggravation
Date: April 18, 2023
By Neil Vernon, CTO of Gresham Technologies With banking sector M&A activity currently under the spotlight, Neil Vernon, CTO of Gresham Technologies plc (Gresham), looks at the imminent headaches in store for the middle and back-offices when it comes to technology consolidation. The internal composition of a major investment bank in 2023, compared with 20...
GSK bets $2 billion on bellus cough drug to soothe pipeline fears
Date: April 18, 2023
GSK bets $2 billion on Bellus cough drug to soothe pipeline fears By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash deal for $2 billion as the British drugmaker expands its bet on respiratory therapies. The move to replenish its pipeline comes as...
Glencore courts 120 teck investors for bid backing as spinoff vote looms -source
Date: April 18, 2023
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to try to win support for the company’s takeover bid rather than an internal overhaul, a source familiar with the situation said....
Sega sammy says it is considering buying angry birds maker rovio
Date: April 17, 2023
Sega Sammy says it is considering buying Angry Birds maker Rovio TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy prospects. The Wall Street Journal reported last week that...