acquisitions
- Finance
‘Just buy somebody’: Private markets push will fail without deals, says LCM boss
The chief executive of Brookfield-backed alternatives firm LCM Partners says asset managers pushing into private markets will fail without making acquisitions,…
Read More » - Finance
Investment bank fees fall by $24bn as deal boom loses steam
Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and…
Read More » - Market
Pinterest stock rallies after Google exec named CEO as Silbermann steps down
Shares of Pinterest Inc. rallied 4% in the after-hours session Tuesday after the social-media company said co-founder Ben Silbermann is…
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Apollo’s bid for Boots fails as Walgreens abandons £5bn sale
The blockbuster sale of UK chemist Boots has reportedly been abandoned amid uncertainty in the debt markets. Walgreens Boots Alliance,…
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FTX boss Sam Bankman-Fried dismisses reports of Robinhood acquisition
Sam Bankman-Fried, chief executive at crypto exchange FTX, said the company is not having any active mergers and acquisitions conversations…
Read More » - Market
Spirit Airlines stock sinks after Frontier sweetens deal
Frontier Group Holdings Inc. has upped the deal to snap up Spirit Airlines Inc. as the two ultra-low-cost airlines try…
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Martin Gilbert’s AssetCo strikes deal for SVM to build Edinburgh hub
AssetCo, the deals company set up by fund management veteran Martin Gilbert, has snapped up Edinburgh-headquartered SVM Asset Management to help…
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Natixis affiliate Mirova snaps up renewable energy investor in emerging markets push
Natixis Investment Managers affiliate Mirova has bought a specialist private debt firm that finances renewable energy projects in Africa and Asia as…
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Why a Credit Suisse takeover post-Archegos would need a very bold bidder
Five months ago, following the resignation of Sir António Horta-Osório as chair of Credit Suisse, I suggested it might be a…
Read More » - Tech
WSJ News Exclusive | Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday
Elon Musk is expected to confirm his desire to own Twitter Inc. TWTR 2.07% when he speaks to the social-media…
Read More » - Finance
Dickson Minto founders step back as secretive private equity law firm eyes succession
The co-founders of the highly profitable private equity legal boutique Dickson Minto have stepped back from their executive roles, as…
Read More » - Tech
WSJ News Exclusive | Zendesk Is in Settlement Talks With Activist Investor Jana
Zendesk Inc. ZEN -4.92% is in talks to settle with activist investor Jana Partners LLC, days after the software company…
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MicroStrategy stock plunges 25% on bitcoin fall
Shares of MicroStrategy tumbled 13 June as investors fretted over what a brutal selloff in cryptocurrencies would mean for the software…
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Top Credit Suisse shareholder ‘supportive’ of right buyer after shares pop on State Street bid report
One of the largest shareholders in Credit Suisse says he may back a potential takeover bid for the Swiss bank. The…
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State Street rules out bid for Credit Suisse after report of takeover offer
State Street denies that it is set to bid for troubled Swiss lender Credit Suisse after a report of an acquisition sparked…
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Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Credit Suisse chief executive Thomas Gottstein said the bank has “firepower” to cut costs in frontline staff, and will scale…
Read More » - Finance
State Street, Credit Suisse deal ‘highly unlikely’ say analysts after report of bid sends shares higher
State Street has declined to comment on reports that it is set to make a bid for Credit Suisse, but…
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FirstGroup rejects £1.2bn takeover offer from I Squared
UK bus and train operator FirstGroup rejected a £1.23bn takeover bid from the US private equity firm I Squared saying…
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Stifel acquires mid-market boutique Acxit Partners in European push
US investment bank Stifel has added 50 dealmakers to its ranks in Europe through the acquisition of a boutique. The…
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Schroders urges FirstGroup to reject £1.2bn takeover bid from US private equity firm
Schroders, the largest shareholder in UK bus and train operator FirstGroup, has urged it to reject a £1.2bn takeover bid…
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Elon Musk says Twitter is refusing to keep to the terms of his deal to purchase
Elon Musk said Twitter is refusing to comply with its obligations under its deal to be bought by Musk, and…
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Why Elon Musk’s battle with bots on Twitter is actually personal
In the three weeks since Musk cited fake accounts as a reason for putting his planned $44bn acquisition of Twitter …
Read More » - Finance
Private equity bosses target Europe’s fragmented healthcare market
Buyout bosses are checking into the clinic. From fertility centres and eye surgeries to vets and therapists, general partners have…
Read More » - Finance
Elon Musk draws concern from Tesla fans as Twitter bid wavers
Elon Musk’s Twitter takeover comments haven’t just riled the social media company’s executives and staff. They have also frustrated some of the billionaire’s…
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Blackstone-backed fund buys Justin Timberlake’s song catalog
A fund backed by private equity firm Blackstone has purchased the rights to Justin Timberlake’s song catalog in the venture’s…
Read More » - Entrepreneurs
Raise Capital, Make Acquisitions, and More with Deal Desk
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase…
Read More » - Market
Wendy’s Shares Jump 17% On Potential Acquisition by Trian
By Denny Jacob Wendy’s Co. shares jumped 17% to $19.08 in after-hours trading Tuesday after its largest shareholder said it…
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Broadcom reportedly in talks to buy VMware
Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night.…
Read More » - Finance
SEC set to probe auditors’ fastest-growing businesses
When the two top executives of a hot electric-vehicle startup made share purchases that later drew scrutiny, they were helped…
Read More » - Market
SpaceX paid $250,000 to settle sexual misconduct claim against Elon Musk: report
SpaceX paid a flight attendant $250,000 in 2018 to settle a sexual misconduct claim against Elon Musk, its founder and…
Read More » - Tech
Where Elon Musk’s Twitter Deal Could Go From Here, a Flowchart
Elon Musk’s recent tweets cast doubt on whether the billionaire will follow through with his agreement to buy Twitter Inc.…
Read More » - Finance
Brookfield Asset Management makes £4bn swoop for HomeServe
Brookfield Asset Management has agreed to buy London-listed repair services company HomeServe in a £4bn deal. The Canadian alternative investment giant…
Read More » - Tech
MicroStrategy Won’t Change Bitcoin Plans Despite Recent Declines, New CFO Says
MicroStrategy Inc.’s new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change…
Read More » - Finance
Axa IM eyes launch of new private markets business
Axa Investment Managers, the €864bn fund management unit of the French insurance group, plans to establish a new business unit…
Read More » - Market
AMC discloses large passive investment in National CineMedia
Shares of National CineMedia Inc. soared Wednesday, after movie theater operator AMC Entertainment Holdings Inc. disclosed that it acquired a…
Read More » - Market
Which of Buffett’s bank stocks might make you the most money?
This is the time of the quarter when investors get to see what changes Warren Buffett and the management team…
Read More » - Market
Dow jumps over 300 points after retail sales data as investors await Fed’s Powell
U.S. stocks were in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited…
Read More » - Market
Rivian reaffirms production outlook despite supply-chain snags, boosting stock
Rivian Automotive Inc. stock rose more than 8% in after-hours trading Wednesday after the electric-vehicle maker kept its 2022 production…
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AMD tops $5 billion in revenue for first time, stock pops as annual forecast increased
Advanced Micro Devices Inc. shares rallied in the extended session Tuesday after the chip maker easily topped $5 billion in…
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Western Digital stock shoots toward best day in two years after activist pushes for business split
Shares of Western Digital Corp. were rocketing in Tuesday trading after Elliott Investment Management issued a call for the chip…
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If Elon Musk and Twitter don’t complete their deal, one of them will have to pay $1 billion
If Tesla Inc. Chief Executive Elon Musk doesn’t end up owning Twitter, one of the two entities is going to…
Read More » - Finance
Twitter accepts $44bn takeover offer from Elon Musk
Twitter on 25 April accepted Elon Musk’s bid to take over the company, giving the world’s richest man control over the influential social…
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The inside track on Elon Musk’s negotiations with Twitter
Twitter is in discussions to sell itself to Elon Musk and could finalise a deal as soon as this week,…
Read More » - Finance
Private equity had a mixed Q1. Here are three key takeaways
Europe’s private equity industry witnessed a mixed start to 2022, as the deal boom continued at pace despite growing fears…
Read More » - Market
Elon Musk says he has received funding commitments for Twitter buyout and is exploring tender offer
Funding secured? Elon Musk confirmed in a Thursday filing that he was “exploring whether to commence a tender offer” for…
Read More » - Market
Tesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.
Elon Musk, CEO of Tesla. Suzanne Cordeiro/AFP via Getty Images Tesla CEO Elon Musk offered to buy the social- media…
Read More » - Finance
Elon Musk offers to buy Twitter in deal valuing platform at $43bn
Billionaire Elon Musk on 14 April said he has made a non-binding proposal to buy Twitter and take it private…
Read More » - Market
Twitter shareholder sues Elon Musk over delayed disclosure of his stake
A Twitter Inc. shareholder is suing Elon Musk, claiming he and others suffered financial losses because of the billionaire’s delay…
Read More » - Finance
Citigroup rebuilds presence in Saudi Arabia
RIYADH, Saudi Arabia — When Citigroup shut down operations in Saudi Arabia after 11 September 2001, government officials here felt…
Read More » - Entrepreneurs
6 Steps To Successfully Close Your Acquisition Deal
When you’re selling your startup, there are few moments more exciting than when you have a term sheet in hand.…
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