The number of major US wireless providers would be reduced to three after the combination of T-Mobile and Sprint. The two companies announced the merger on Sunday to form a single new company.   The venture will allow the companies to save money by merging networks and by closing stores and...

A court ruling has temporarily blocked the merger of Fujifilm Holdings Corp’s with U.S. firm Xerox Corp following the court awarding a win to activist investors of Xerox in the case of a suing the company to stop the merger.   The deal was opposed in the lawsuit demanding addition of his own...

The mega acquisition of U.S. company Monsanto by German conglomerate Bayer has been approved by the antitrust body of the European Union. The deal is worth $62.5 billion.   Arguably, over one forth of the total seed and pesticides market of the world would cone under control of the new...

In a move that is reflective of the impetus for restructuring in the insurance companies to reduce cost pressures by growing bigger, pharmacy benefits manager Express Scripts Holding Co was announced to by bought by U.S. health insurer Cigna Corp for a proposed deal worth about $54 billion.  ...

A proposed merger between the Chicago Stock Exchange and an investor group that is linked to China has been rejected by the United States.   The matter was under review by officials for more than two years. This decision brings a closure to that review as well.   The Committee on...

A revised $121 billion buyout offer by Broadcom Ltd was rejected outright by U.S. semiconductor company Qualcomm Inc. However, the later has proposed a meeting of the two companies to discuss what it referred to as “serious deficiencies in value and certainty” in the bid by the former.  ...

A public offering is being considered by computer maker Dell Technologies Inc where it plans to either offer common stock by itself or offer its stocks along with the stocks of business software maker VMware Inc which is the publicly held subsidiary of the company.   Dell has bene under...

A leading player in e-health – Enovacom, has been agreed to be acquired by Orange Business Services on behalf of its healthcare sister concern - Orange Healthcare.   Orange health care has set a strategy to become the primary partner in the digital transformation of healthcare institutions...

The presence of French pharma company Sanofi in treatments for rare diseases is expected to be strengthened with its decision to buy U.S. haemophilia specialist Bioverativ for $11.6 billion.   For the French company, this is its largest deal in the last seven years.   It is being...

Nestle has an announced policy of its intention to reduce its weakness in packaged foods. And to fulfill this strategy imperative, Nestle is all set to buy out Canadian vitamin maker Atrium Innovations for an estimated value of $2.3 billion.   This deal would will help Nestle to expand its...

An all cash deal worth $1.84 billion and backed by conservative billionaire brothers Charles and David Koch has been set for the purchase of Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, by the U.S. media company Meredith.   On two...