Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle
Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.
Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle
Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.
Progress
52% Bias Score
Mining Sector Poised for M&A Surge Amidst Slowing Chinese Demand
Slowing Chinese economic growth and the increasing demand for copper are driving predictions of a surge in mergers and acquisitions within the mining sector in 2025, following failed merger talks between Rio Tinto and Glencore and BHP's failed bid for Anglo American.
Mining Sector Poised for M&A Surge Amidst Slowing Chinese Demand
Slowing Chinese economic growth and the increasing demand for copper are driving predictions of a surge in mergers and acquisitions within the mining sector in 2025, following failed merger talks between Rio Tinto and Glencore and BHP's failed bid for Anglo American.
Progress
52% Bias Score
Potential £130 Billion Merger of Rio Tinto and Glencore
A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.
Potential £130 Billion Merger of Rio Tinto and Glencore
A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.
Progress
48% Bias Score
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
Progress
24% Bias Score
Honda-Nissan Merger Reflects Auto Industry Consolidation Amidst EV Shift
Facing intense competition and the global shift to electric vehicles, Honda and Nissan are exploring a merger to create the world's third-largest automaker; this follows leadership changes at Stellantis, highlighting an industry-wide trend toward consolidation driven by the need for scale and cost e...
Honda-Nissan Merger Reflects Auto Industry Consolidation Amidst EV Shift
Facing intense competition and the global shift to electric vehicles, Honda and Nissan are exploring a merger to create the world's third-largest automaker; this follows leadership changes at Stellantis, highlighting an industry-wide trend toward consolidation driven by the need for scale and cost e...
Progress
52% Bias Score
Carrefour Acquires 92 Casino Supermarkets in Southern France
Carrefour will acquire 92 Casino-franchised supermarkets in Occitanie, France, starting February 1, 2025, generating €70 million in annual revenue and employing 500 people, reflecting Casino's financial restructuring and a broader industry consolidation trend.
Carrefour Acquires 92 Casino Supermarkets in Southern France
Carrefour will acquire 92 Casino-franchised supermarkets in Occitanie, France, starting February 1, 2025, generating €70 million in annual revenue and employing 500 people, reflecting Casino's financial restructuring and a broader industry consolidation trend.
Progress
36% Bias Score
Mijndert Ververs (1933-2024): Architect of Wolters Kluwer's Success
Mijndert Ververs, former CEO of Wolters Samsom who died at 91 on Sunday, prevented a hostile takeover of Kluwer by Elsevier in 1987, leading to the creation of Wolters Kluwer, a company that now generates over €1 billion in net profit annually.
Mijndert Ververs (1933-2024): Architect of Wolters Kluwer's Success
Mijndert Ververs, former CEO of Wolters Samsom who died at 91 on Sunday, prevented a hostile takeover of Kluwer by Elsevier in 1987, leading to the creation of Wolters Kluwer, a company that now generates over €1 billion in net profit annually.
Progress
56% Bias Score
US Hedge Fund Targets British Conglomerate Smiths Group for Break-Up
Engine Capital, a US hedge fund, is pushing for the break-up or sale of FTSE 100-listed Smiths Group, a £6 billion British engineering firm, citing undervaluation due to its conglomerate structure; Smiths Group's shares rose 5.5 percent following the announcement.
US Hedge Fund Targets British Conglomerate Smiths Group for Break-Up
Engine Capital, a US hedge fund, is pushing for the break-up or sale of FTSE 100-listed Smiths Group, a £6 billion British engineering firm, citing undervaluation due to its conglomerate structure; Smiths Group's shares rose 5.5 percent following the announcement.
Progress
48% Bias Score
Lenovo Acquires Infinidat to Expand High-End Enterprise Storage Portfolio
Lenovo is acquiring high-end storage vendor Infinidat for an undisclosed sum, aiming to expand its enterprise storage portfolio and compete in the high-margin segment; the deal is expected to close in the second half of 2025.
Lenovo Acquires Infinidat to Expand High-End Enterprise Storage Portfolio
Lenovo is acquiring high-end storage vendor Infinidat for an undisclosed sum, aiming to expand its enterprise storage portfolio and compete in the high-margin segment; the deal is expected to close in the second half of 2025.
Progress
32% Bias Score
Blackstone Explores \$3 Billion Sale of Music Rights Portfolio
Blackstone is exploring the sale of its music rights portfolio, including works by Bob Dylan, Adele, and Ariana Grande, for over \$3 billion, reflecting the booming market value of music assets driven by the growth of streaming services.
Blackstone Explores \$3 Billion Sale of Music Rights Portfolio
Blackstone is exploring the sale of its music rights portfolio, including works by Bob Dylan, Adele, and Ariana Grande, for over \$3 billion, reflecting the booming market value of music assets driven by the growth of streaming services.
Progress
36% Bias Score
Goldman Sachs Predicts 25% Surge in US M&A Activity in 2025
Goldman Sachs predicts a 25% surge in US M&A transactions in 2025, driven by a business-friendly environment under President Trump's second term, highlighting Insmed, Electronic Arts, and Unity Software as potential merger targets with varying probabilities.
Goldman Sachs Predicts 25% Surge in US M&A Activity in 2025
Goldman Sachs predicts a 25% surge in US M&A transactions in 2025, driven by a business-friendly environment under President Trump's second term, highlighting Insmed, Electronic Arts, and Unity Software as potential merger targets with varying probabilities.
Progress
40% Bias Score
Cleveland-Cliffs CEO Announces Plan to Acquire U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves announced a plan to acquire U.S. Steel after President Biden blocked its sale to Japan's Nippon Steel due to national security concerns, triggering a lawsuit and sending both companies' shares up about 6%.
Cleveland-Cliffs CEO Announces Plan to Acquire U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves announced a plan to acquire U.S. Steel after President Biden blocked its sale to Japan's Nippon Steel due to national security concerns, triggering a lawsuit and sending both companies' shares up about 6%.
Progress
64% Bias Score