Tag #Mergers And Acquisitions

smh.com.au
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BGC Sells Cement Division to Cement Australia for $800 Million

BGC, the construction firm of deceased Len Buckeridge, sold its cementitious materials division to Cement Australia for an estimated $800 million, a key part of a divestment plan initiated in 2018 following estate disputes; the deal is expected to close in late 2025.

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48% Bias Score

Industry, Innovation, and Infrastructure
news.sky.com
🌐 75% Global Worthiness
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Royal London in Talks to Acquire Infrastructure Investor Dalmore Capital

Royal London, a British financial mutual, is reportedly in talks to buy Dalmore Capital, an infrastructure investor with assets including a stake in the Thames Tideway super sewer, for an estimated £100 million, reflecting a broader trend of traditional asset managers expanding into alternative inve...

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24% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 75% Global Worthiness
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Walgreens Stock Surges on Reports of Potential Sale to Private Equity Firm

Walgreens shares reached their highest point since October on Tuesday due to reports that the drugstore chain is in talks to be sold to a private equity firm; the company recently reported a significant net loss and announced plans to close 1,200 stores.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Lundin Mining Sells European Mines for US$1.52 Billion

Lundin Mining Corp. is selling its Zinkgruvan and Neves-Corvo mines to Boliden AB for up to US$1.52 billion, eliminating its net debt and enabling funding for South American copper projects, subject to regulatory approvals.

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8% Bias Score

Decent Work and Economic Growth
cnbc.com
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Market Movers: Hershey Soars on Mondelez Bid, Chinese Stocks Surge on Policy Shift

Mondelez's renewed takeover bid for Hershey sent Hershey's stock up 13%, while Mondelez fell 2%; multiple Chinese stocks surged over 10% following China's pledge to ease monetary policy in 2025; other market movers include Macy's, Workday, Apollo Global Management, Warner Bros. Discovery, Comcast, S...

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12% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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Failed Merger Highlights Tech Giants' Dominance in Advertising

The failed 2013 merger between Publicis and Omnicom unexpectedly propelled Publicis to global leadership in advertising, while Omnicom's new attempt to acquire Interpublic highlights the challenges faced by traditional agencies amidst the rise of tech giants like Google, Amazon, Meta, Alibaba, and B...

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Broadcom Surges on Apple AI Chip News; C3.ai, Macy's Drop in Midday Trading

Midday trading saw significant stock price swings: Broadcom surged 5% on Apple AI chip news; C3.ai plunged 7.2% after a JPMorgan downgrade; Macy's dropped over 4% due to a lowered forecast; and other companies like GE Vernova, Dave & Buster's, and Patterson experienced notable changes.

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36% Bias Score

Decent Work and Economic Growth
cnn.com
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Walgreens in Talks for Privatization Deal Amid Financial Struggles

Walgreens is reportedly in talks with Sycamore Partners for a potential privatization deal, which could lead to the sale of assets and further store closures; the company's stock surged nearly 20% on the news.

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44% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 65% Global Worthiness
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Gewiss Acquires 75% of Beghelli for €50.6 Million

Gewiss will acquire 75.04% of Beghelli for €50.6 million, leading to a mandatory public offer and delisting; the acquisition is expected to close in the first quarter of 2025, strengthening Gewiss's market position and expanding its product offerings.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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BP and JERA Form Joint Venture, Creating a Top-Five Global Offshore Wind Operator

BP and JERA created JERA Nex bp, a 50-50 offshore wind joint venture with a potential 13 GW capacity and $5.8 billion funding, reflecting a broader industry trend toward prioritizing profitable oil and gas investments amid rising renewable energy costs.

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44% Bias Score

Climate Action
smh.com.au
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Activist Investor Targets Rio Tinto's Dual-Listed Structure

Palliser Capital is urging Rio Tinto to dissolve its dual-listed structure, citing a \$78 billion cost and \$37.5 billion valuation gap, while acknowledging key differences between Rio Tinto and BHP's successful restructuring.

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40% Bias Score

Reduced Inequality
euronews.com
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Crédit Agricole Boosts Banco BPM Stake, Shares Surge

Crédit Agricole is increasing its stake in Banco BPM from 9.9% to 15.1%, causing Banco BPM shares to rise over 2%—the highest since January 2016—following a rejected takeover bid from UniCredit last month and amid Banco BPM's own expansion efforts, including a bid for Anima Holding and potential mer...

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44% Bias Score

Decent Work and Economic Growth