Tag #Mergers And Acquisitions

Showing 61 to 72 of 444 results

repubblica.it
🌐 85% Global Worthiness
News related image

STMicroelectronics Acquires NXP's MEMS Sensor Business for $950 Million

STMicroelectronics purchased NXP's MEMS sensor business for $950 million, strengthening its automotive sector and positively affecting its Italian production site; the deal is expected to accelerate earnings per share.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
liberation.fr
🌐 75% Global Worthiness
News related image

Carrefour Exits Italian Market, Selling 1188 Stores for Symbolic Price

Carrefour is selling its entire Italian branch to NewPrinces for a symbolic price after experiencing declining sales and profitability in 2024, leading to a €240 million loss but a €200 million investment commitment from the buyer to improve the business.

Progress

36% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
News related image

Sentinel One Stock Surges 19% Amidst Acquisition Rumors and Cybersecurity Vulnerability

Sentinel One, an Israeli cybersecurity company, experienced a significant 19% stock surge on Wall Street fueled by acquisition rumors with Palo Alto Networks and a competitor's vulnerability, highlighting differences in US and Israeli financial reporting transparency.

Progress

48% Bias Score

Reduced Inequality
liberation.fr
🌐 75% Global Worthiness
News related image

EU Investigates Universal Music's Acquisition of Downtown Over Competition Concerns

The European Commission is investigating Universal Music Group's $775 million acquisition of Downtown, a music services firm, due to concerns about potential anti-competitive practices, impacting artists, record labels, and consumers. The investigation will conclude by November 26th.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Failed Couche-Tard Bid Leaves Seven & i Vulnerable

Alimentation Couche-Tard's $45.8 billion takeover bid for Seven & i Holdings failed due to a lack of constructive engagement from Seven & i, leading to a 13% drop in Seven & i's share price and leaving it vulnerable to future bids; Couche-Tard accused Seven & i of obfuscation and delay.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Couche-Tard Withdraws $46 Billion Bid for Seven & i Holdings

Alimentation Couche-Tard abandoned its US$46-billion bid for Japan's Seven & i Holdings this week, citing the target company's refusal to engage in meaningful negotiations; this highlights challenges faced by foreign companies seeking acquisitions in Japan.

Progress

20% Bias Score

Reduced Inequality
repubblica.it
🌐 85% Global Worthiness
News related image

Death of Sergio Marchionne: Legacy of Rescuing Fiat and Creating Global Automaker

Sergio Marchionne, former CEO of Fiat Chrysler Automobiles, passed away; he rescued Fiat from bankruptcy, orchestrated its merger with Chrysler, and implemented significant restructuring and labor reforms, creating a global automotive giant but ultimately failing in attempts at further consolidation...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Carlyle Group Acquires Majority Stake in Canadian-Czech IT Consultancy Adastra

US private equity firm Carlyle Group Inc. acquired a majority stake in Adastra Group, a Canadian-Czech IT consultancy with US$220 million in annual revenue (as of November 2023), marking its first outside investment in 25 years and reflecting a broader trend of global private equity investment in Ca...

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
News related image

Insignia Financial Acquired for $3.3 Billion

Insignia Financial, owner of MLC, was acquired by CC Capital and OneIM for $3.3 billion, ending a bidding war and marking CC Capital's first Australian investment, subject to regulatory approval. The deal values Insignia at a 50 percent premium over its pre-bid share price.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

Kraft Heinz Splits: Cost-Cutting Strategy Fails in Evolving Food Market

Kraft Heinz is splitting into two separate companies, one for Heinz and one for Kraft brands, marking the failure of a cost-cutting merger strategy and highlighting the need for long-term investments in adapting to changing consumer preferences and cultural shifts.

Progress

52% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 85% Global Worthiness
News related image

FTC Reverses Ban on Oil CEO Board Appointments

The U.S. Federal Trade Commission (FTC) unanimously reversed bans on the CEOs of Pioneer Natural Resources and Hess joining the boards of ExxonMobil and Chevron, respectively, overturning previous decisions by the Biden administration that raised concerns about potential coordination with OPEC.

Progress

44% Bias Score

Climate Action
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Couche-Tard's Failed Bid Highlights Canadian Financial Support for Global Ambitions

Alimentation Couche-Tard Inc. withdrew its US$46-billion bid for Seven & i Holdings Co. after facing resistance; however, securing full financing demonstrated strong support from Canadian banks and institutional investors, opening new global expansion avenues for Canadian businesses.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 444 results