Mergers / Acquisitions / Takeovers

Big Oil’s patchy deals record casts shadow over green makeover

Big Oil’s patchy deals record casts shadow over green makeover

Published 01/09/2020

LONDON (Reuters) - As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy [more…]

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Published 01/09/2020

PARIS (Reuters) - French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital - the two biggest shareholders in French company Lagardere (LAGA.PA) - said [more…]

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Published 31/08/2020

NEW YORK (Reuters) - Berkshire Hathaway Inc’s $6.2 billion foray into Japan’s five largest trading houses may signal billionaire Warren Buffett’s expectation that inflation and [more…]

Explainer: Microsoft’s TikTok bid spotlights Windows maker’s history with China

Explainer: Microsoft’s TikTok bid spotlights Windows maker’s history with China

Published 10/08/2020

SHANGHAI (Reuters) - Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. [more…]

BP’s green energy targets will be tough to meet

BP’s green energy targets will be tough to meet

Published 10/08/2020

LONDON (Reuters) - BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns [more…]

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [more…]

Google to buy 6.6% stake in ADT in home security push

Google to buy 6.6% stake in ADT in home security push

Published 03/08/2020

(Reuters) - Alphabet Inc’s (GOOGL.O) Google is buying a 6.6% stake in home security firm ADT Inc (ADT.N) for $450 million in a deal that [more…]

EV maker Lordstown Motors to go public by merging with blank check firm

EV maker Lordstown Motors to go public by merging with blank check firm

Published 03/08/2020

(Reuters) - Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup [more…]

J.C. Penney’s survival hinges on urgent sale negotiations

J.C. Penney’s survival hinges on urgent sale negotiations

Published 03/08/2020

NEW YORK (Reuters) - The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days [more…]

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Published 28/07/2020

MILAN (Reuters) - Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to [more…]