Mergers / Acquisitions / Takeovers

Eldorado Resorts clinches $18 billion cash and stock deal for…

Eldorado Resorts clinches $18 billion cash and stock deal for…

Published 24/06/2019

NEW YORK (Reuters) - U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that [more…]

Natixis’ H2O sells some illiquid debt to try to staunch outflows

Natixis’ H2O sells some illiquid debt to try to staunch outflows

Published 24/06/2019

PARIS/LONDON (Reuters) - H2O, one of French bank Natixis’ asset management businesses, has sold off some illiquid assets and removed entry fees across its funds [more…]

U.S. judge rejects Greece bid to dismiss Sotheby’s lawsuit over…

U.S. judge rejects Greece bid to dismiss Sotheby’s lawsuit over…

Published 21/06/2019

NEW YORK (Reuters) - A U.S. judge on Friday rejected Greece’s effort to dismiss an unusual lawsuit in which Sotheby’s and the owners of an [more…]

Most SoftBank Vision Fund investors want to join second fund: CEO Son

Most SoftBank Vision Fund investors want to join second fund: CEO Son

Published 19/06/2019

TOKYO (Reuters) - Most investors in SoftBank Group Corp’s $100 billion Vision Fund want to join the group’s forthcoming second fund, and discussions with those [more…]

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma

Published 17/06/2019

(Reuters) - Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make [more…]

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Published 14/06/2019

(Reuters) - Daniel Loeb’s activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off [more…]

Ocado sows $22 million ‘vertical farming’ seed to diversify

Ocado sows $22 million ‘vertical farming’ seed to diversify

Published 10/06/2019

LONDON (Reuters) - Britain’s Ocado is plowing 17 million pounds ($22 million) into the emerging “vertical farming” industry, further diversifying the online grocer and technology [more…]

Renault, Nissan spar over governance reforms as tie-up strains worsen

Renault, Nissan spar over governance reforms as tie-up strains worsen

Published 10/06/2019

PARIS/TOKYO (Reuters) - Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in [more…]

Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources

Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources

Published 10/06/2019

PARIS (Reuters) - Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of [more…]

Roche’s $4.3 billion Spark bid delayed again amid U.S., UK scrutiny

Roche’s $4.3 billion Spark bid delayed again amid U.S., UK scrutiny

Published 10/06/2019

ZURICH (Reuters) - Swiss drugmaker Roche’s $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first [more…]