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French Group Sanofi to buy Principa Biopharma for $3.7 Billion.
French Healthcare company Sanofi has agreed to buy Principa Biopharma for $3.7 billion, making this deal the second largest...
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Aug 17, 20201 min read
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PE firm Baring has made a $1.4B rival bid for Japanese nursing home operator Nichiigakkan.
PE firm Baring has made a $1.4B rival bid for Japanese nursing home operator Nichiigakkan, a business which directly addresses Japan's...
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Aug 17, 20201 min read
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Simon and Authentic Brands are Still Bargain Hunting.
SPARC, a joint venture between Simon Property Group and Authentic Brands Group, has acquired Lucky brands for $140 million. Lucky filed...
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Aug 17, 20201 min read
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Brazilian software company Totvs SA has made a $1.13B offer for competitor Linx SA
Brazilian software company Totvs SA has made a $1.13B offer for competitor Linx SA. The deal challenges Linx's earlier agreement to be...
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Aug 17, 20201 min read
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Roper Technologies has announced it will acquire Vertafore for $5.3B.
Roper Technologies is a diversified conglomerate whose subsidiaries specialize in several different niche industries. Their $5.3 billion...
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Aug 17, 20201 min read
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Thomson Reuters has acquired Caselines, the online document management platform.
Thomson Reuters has acquired Caselines, the online document management platform. On Caselines, digital court files are securely stored...
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Aug 17, 20201 min read
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Thermo Fisher Scientific has walked away from their $11.5B Qiagen takeover deal.
Thermo Fisher Scientific has walked away from their $11.5B Qiagen takeover deal after failing to secure shareholder support. Qiagen had...
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Aug 17, 20201 min read
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Can the Merger of Tortoise with Hyliion Disrupt Class 8 trucks?
The last two years we have seen an unprecedented rise of special purpose acquisition companies, or SPACs. So far in 2020, almost USD 12 bill
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Aug 17, 20205 min read
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Aspen Technology leaves earnings estimates in the dust
Asset-tracking and process management technologist, Aspen Technology, beat Q4 estimates by 30.51%, sending shares up 28% at market open....
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Aug 17, 20201 min read
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Tesla shares shoot up on stock split announcement
Tesla is up 11.47% following a 5-for-1 stock split announcement, which will make the stock more accessible to retail investors on the...
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Aug 17, 20201 min read
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Fedex rises, just like their rates
FedEx rose 8.10% on announcements that the company will raise surcharges on some international deliveries due to recent surges in...
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Aug 16, 20201 min read
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Liberty Global will acquire Sunrise Communications for $7.4B.
Liberty Global has announced it will acquire the Swiss firm Sunrise Communications for $7.4 billion. The acquisition price represents a...
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Aug 13, 20201 min read
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Brazilian card processor StoneCo has announced it will merge with retail software company Linx S.A.
Brazilian card processor StoneCo, a firm in which Berkshire Hathaway holds an 8% stake, has announced it will merge one of its units with...
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Aug 13, 20201 min read
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Western Digital plummets as earnings outlook misses estimates
Western Digital stock plummeted 16.79% despite a bottom line improvement of 624%. The fall is due to a bleak earnings outlook for the...
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Aug 13, 20201 min read
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The Impact of COVID-19 on the US Shale Oil Industry
2020 has been an extremely volatile year for oil and gas companies with the twin shocks of the COVID-19 pandemic and Russia-Saudi Arabia...
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Aug 13, 202013 min read
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Blohm Bank intend to sell their Egypt subsidiary.
Blom Bank intend to sell their Egypt subsidiary. They aim to sell for $250-300 million in the light of profits falling by 77% in 2019....
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Aug 11, 20201 min read
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Insurance company Prudential has agreed to sell its Taiwanese life insurance business to Taishin.
Insurance company Prudential has agreed to sell its Taiwanese life insurance business to Taishin, a Taiwanese based financial...
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Aug 11, 20201 min read
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American Express is in talks to buy Kabbage for $850M.
American Express is reportedly in talks to buy Kabbage, the small business lender, for $850 million. Amex is currently the largest...
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Aug 11, 20201 min read
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EDP Renovaveis sells $500M wind portfolio to Finerge S.A.
EDP Renovaveis has announced it will sell a $500M wind portfolio to Finerge S.A.. The divestment of the 242 MW wind farm is part of a...
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Aug 11, 20201 min read
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Canada's biggest oil and gas producer Canadian Natural has bought Painted Pony for $344M.
Canada's biggest oil and gas producer Canadian Natural has bought Painted Pony for $344M. The deal expands the producer's Western...
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Aug 11, 20201 min read
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