Mergers and acquisitions
Activist pushes Mattel to fix American Girl, Fisher-Price brands or sell them off
The Mattel Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California, on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Activist investor Barington Capital is pushing Mattel to consider selling off its American Girl and Fisher-Price brands, citing […]
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Byron Allen, offering $14 billion for Paramount, has a long history of media bids that haven't materialized
Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global, told CNBC on Wednesday that he has the money to […]
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Starboard urges GoDaddy to set 'prudent' assistance and provide details on cost price savings
The GoDaddy banner hangs outside of the New York Inventory Trade as the web-site hosting support will make its initial general public providing (IPO) on April 1, 2015 in New York Town. Spencer Platt | Getty Illustrations or photos Activist investor Starboard Value on Wednesday sent a letter to internet-services company GoDaddy, urging administration to […]
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Trimble to acquire again $800 million worthy of of shares, develop board pursuing Jana financial commitment
Igor Golovniov| Lightrocket | Getty Visuals Industrial technology company Trimble introduced on Tuesday it would buy again up to $800 million worthy of of shares and incorporate two administrators to its board, just a couple months soon after activist investor Jana Companions disclosed a stake in the company. Ron Nersesian and Kara Sprague will sign up […]
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Zee founder family members to finally elevate stake to 26%, in accordance to reports
Logos of Zee Enjoyment Enterprises Ltd. exhibited on pc screens arranged in Mumbai, India, on Tuesday, Jan. 9, 2024. Shares of Zee recovered from a steep plunge on Tuesday right after the company said it was nonetheless doing the job to near its planned merger with Sony Group Corp.’s India device. Bloomberg | Bloomberg | […]
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British isles opens antitrust probe into Vodafone merger with CK Hutchison's Three cell community
A pedestrian walks past a Vodafone retailer in central London on Could 16, 2023. British mobile huge Vodafone is to axe 11,000 employment in excess of 3 many years in the most current cull to strike the tech sector, as new boss Margherita Della Valle slammed current functionality. Adrian Dennis | AFP | Getty Photos […]
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Deutsche Lender CEO claims acquisitions not a 'priority' as Commerzbank rumors swirl
Christian Sewing, Main Government Officer of Deutsche Lender, has acknowledged that a recession in Germany is inescapable, and urged leaders to accelerate its decoupling from China. Denis Balibouse | Reuters Deutsche Financial institution CEO Christian Stitching on Thursday explained that merger and acquisition exercise is not a precedence for his group, as speculation resurfaces in […]
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Exclusive: Half of Japan companies appear at restructuring to enhance performance
TOKYO, JAPAN – JULY 22: Office staff are found reflected in a window as they walk to a teach station in front of the Toshiba Companies, Tokyo headquarters (still left) on July 22, 2015 in Tokyo, Japan. Toshiba Company President Hisao Tanaka and two other executives resigned July 21, more than a $1.2billion accounting scandal. […]
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Burger King owner Restaurant Brands buys chain's largest U.S. franchisee
Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 […]
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Malaysia's Funds A paves way for merger of AirAsia's operations globally
Malaysia’s Money A Berhad CAPI.KL reported on Monday it intends to provide its aviation business enterprise to extensive-haul unit AirAsia X Bhd AIRX.KL, with a intention of consolidating both its lengthy and quick-haul operations beneath a single AirAsia brand name. Nicky Almasy | Instant | Getty Images Malaysia’s Capital A Berhad said on Monday it intends to offer […]
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