Home Tags Merger and Acquisitions
Tag: Merger and Acquisitions
BreadTalk said it was looking to buy all of Food Junction Management (FJM)'s 1.489 million shares, which it would pay for in cash.
Deutsche Bank and UBS reportedly talked in June about teaming up in Europe to create an investing-banking alliance
Combining forces could help European banks compete against US banks, which are looking to win over market share in Europe, the WSJ reported.
Hasbro slides after announcing it will buy Entertainment One, the owner of Peppa Pig, for $4 billion
Entertainment One's stock price jumped above what Hasbro agreed to pay, fueling speculation that another company could make a competing offer.
A deal between the two companies could be reached in mid-July, according to anonymous sources cited by Bloomberg.
Viacom shares rose on Wednesday after a report from the Wall Street Journal said CBS is expected to make an offer for the company.
JPMorgan retakes the crown as the leading merger advisor. Its rival Goldman Sachs was in second place.
J&J is bulking up on its surgical-robotics presence with the $3.4 billion deal for Auris Health.
SunTrust Banks and BB&T have agreed to a $66 billion merger that will create the sixth-largest US bank.
NXP Semiconductors NV is rising after a report that China will restart its review of Qualcomm's $44 billion bid for the semiconductor company. The proposed acquisition had been put on hold previously due to uncertain trade conditions between the US and China.
21st Century Fox rises nearly 2% after Reuters reported Comcast may try to outbid Disney to acquire some of 21st Century Fox's assets. Comcast is said to be speaking to investment banks for help financing a cash-deal that will overtake Disney's current $52 billion offer.