M&A | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Growing Hostilities In The Middle East Are A New Shock To Global Markets

This Week's Tech Earnings Explosion Highlights The Mounting Issues At Google And Tesla

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Trades In Bitcoin Ignore "Halving" In Favor Of More Significant Market Dangers

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

TikTok Divesting Or Ban Bill Passed By US Senate; Biden Will Sign It Into Law

Due To Concerns About Its Growth And Product Strategy, Tesla Is Anticipated To Report A Smaller Profit Margin

Tesla Abandons The All-New Model 2 In Favour Of "More Affordable" Vehicles

UBS Predicts The Big Six Internet Giants' Profit Momentum Will "Collapse" By 2024

Tesla Lowers Pricing After US Cutbacks In China, Germany, And Other Countries

M&A

Vivint Solar terminates its acquisition of SunEdison

The deal was given the thumbs down from many hedge funds and investors citing SunEdison’s weak financials. Vivint will now be pursuing all available legal remedies against SunEdison which is set to lose more than $34 million breakup fee. With SunEdison failing to consummate the deal, Vivint Solar...

Entropy warns institutional investors of Nestle undervaluing Osem

Entropy, an Israeli consultancy firm has warned institutional investors that Nestle in its bid to buyout minority shareholders in Osem, Israel’s 3rd largest food manufacturer, has significantly undervalued the company. An Israeli consultancy firm has advised institutional investors in Israel to...

American Express to be acquired by Wells Fargo?

As per Fox Business News, the credit card company is likely to be acquired by Wells Fargo or another financial firm. With the news of Wells Fargo & Co potentially acquiring American Express Co leaking out, its shares rose by a little more than 1%. Fox Business News has reported that...

China Resources Beer bags a bargain deal

With China Resources beer buying SAB Miller’s stake in China snow at $1.6 billion against analyst’s expectation of $3-$3.5 billion, with the result China Resources Snow Breweries is set to become the largest beer brewer in China with a market share of at least 23.3%. In the series of divestment...

Will DreamWorks bite Paramount Picture’s bait?

With Philippe Dauman, Paramount Pictures’ CEO’s disclosure that it would be willing to sell a minority stake, DreamWorks has shown interest in buying it. As per Jeffrey Katzenberg, the CEO of DreamWorks Animation SKG Inc., the famed Hollywood studio would be willing to a purchase by Paramount...

Dell clears the last hurdle in the acquisition of EMC Corp for $67 billion

The European Commission has cleared the merger of EMC with Dell. This strategic acquisition will enable Dell to compete better with rivals such as Cisco, IBM and Hewlett-Packard in areas such as cyber security, mobility and cloud storage. Dell’s historic acquisition, the largest ever in the tech...

Foxconn Takeover of Sharp Delayed over Newly Emerged Contingency Cost Controversy

The signing of a definitive takeover agreement with Sharp Corp. has been delayed by Foxconn Technology Group, the company announced on Thursday. The delay is due to new details that the Japanese electronics maker disclosed a day earlier.

London Stock Exchange and Deutsche Börse in Merger Talks Again after 15 Years

An alliance that was first discuss at the turn of the millennium, talks are underway between the London Stock Exchange and Germany’s Deutsche Börse for a merger that is valued at £21bn.