Sections

ideals

Business Essentials for Professionals



M&A

British Augmented Reality Company WaveOptics To Be Acquired By Snap For Over $500M

The owner of photo messaging app Snapchat will be able to set foot towards the future of social media where augmented reality could become pervasive by the acquisition of appropriate technology.   The company moved a step closer to that strategic direction as it announced its decision to...

Australia's Star Proposes Crown Acquisition In $7 Bln Play

An all-stock buyout of larger rival Crown Resorts Ltd was proposed by Australian casino operator Star Entertainment Group on Monday. This offer valued Crown Resorts at A$9 billion ($7 billion) as Star joined the competition of Crown Resorts which also included two private equity giants who are also...

Nestlé To Acquire Brands Of The Bountiful Company And Expand Its Health And Nutrition Portfolio

Nestle SA will be acquiring The Bountiful Company in a deal worth $5.75 billion.   Brands like Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan's Pride are among the assets that the Swiss company will be purchasing through this deal, Nestle said on Friday.   The health and nutrition...

US Supply-Chain Software Firm Blue Yonder To Be Acquired By Panasonic For $7.1 Bln

The United States based supply chain software company Blue Yonder will be acquired by the Japanese electronics firm Panasonic Corp in a deal worth $7.1 billion, the Japanese company said on Friday, This is the largest acquisition of the Japanese company in more than a decade.   Panasonic...

Allianz Buys Aviva’s Polish Business For $2.9 Billion

The previously announced program to sell European and Asian assets which was started last year by the British insurer Aviva continued as the company said on Friday that it had sold its Polish operations to Germany’s Allianz for 2.5 billion euros ($2.94 billion) in cash.   There was a bid for...

Goodyear To Acquire Rival Cooper For $2.8bn And Gain Wider Access in Chinese Market

The largest tire maker of the United States, Goodyear will be acquiring its rival Cooper in a deal worth $2.8 billion. Following the completion of the deal, the American tyre maker will have access to a much larger global footprint for its business and will be able to move into the Chinese market...

Risky Precedent Set By EU’s Approval Of Google-Fitbit Deal

The acquisition of Fitbit by Alphabet’s Google in a deal worth $2.1 billion was approved by the European Commission’s antitrust regulator this week just days after the chief of the antitrust body of the European Union send strong signals of being tough and stricter against large tech companies such...

Insurer MetLife’s US Business To Acquired By Zurich And Farmers For $3.94 Billion

The property and casualty business in the United States of MetLife is to be acquired by Zurich Insurance and Farmers Exchanges in a deal which is worth $3.94 billion, said the insurers on Friday as motor and home insurers have become more profitable because of the Cvoid-19 pandemic.   The...

US Manufacturers Look For Acquisitions Amid Pandemic Wreckage

While many manufacturers in the United States have been severely hit by the Covid-19 pandemic, the health crisis has also created opportunities for acquisitions.   With auto plants and heavy equipment producers that use the metal parts from Grede Holdings LLC, shutting down, the company saw...

Impact Of Acquisition Of Arm By Nvidia To Being Assessed By Britain

The effect of the sale of the British chip designer Arm to the United States based chip maker Nvidia will be assessed by the United Kingdom. This assessment will include commitments made by the companies of retaining the head office of the new merged company in Cambridge, Eastern England, said...

Alstom Agrees To Sell French Factory To Secure EU Regulatory For Bombardier Purchase

A French rail factory has been agreed to be sold by France’s TGV high-speed train maker Alstom in addition to making other concessions so that it can get regulatory approval of the planned acquisition of the transportation business of Canada’s Bombardier Inc.   The other commitment made by...

73 Strings : Meet The People Creating Future Of Financial Advisory

73 Strings, co-founded by financial advisory and valuation industry veterans Yann Magnan and Abhishek Pandey, has a huge ambition: becoming a new age financial advisory empowered by Tech/AI, providing a complete solutions offering, including delivery of traditional financial advisory services with...
1 2 3 4 5 » ... 10