The US Department of Justice (DOJ) is reportedly in talks with state attorneys general to gain their support for the Sprint merger with T-Mobile. The talks include AGs of states that didn’t join the antitrust lawsuit to block the merger last month, The Wall Street Journal said citing sources. The DOJ is looking for support […]
According to a Reuters’ report on Wednesday, July 24, three sources say that Charter submitted a proposal to the Justice Department (DOJ) about buying assets as part of the T-Mobile-Sprint merger, but it never heard back from the government agency. US officials decided to accept a deal to sell assets including Sprint’s Boost Mobile brand […]
On Thursday, July 18, The Wall Street Journal reported that USA Today publisher Gannett is nearing a deal to combine with rival GateHouse Media, a move that would join the nation’s two largest newspaper groups by circulation. The report claimed that the deal would be a cash and stock deal where GateHouse or its parent […]
The banking group Banca Popolare dell’Emilia Romagna (BPER) won conditional approval to acquire rival Unipol Banca , currently controlled by UnipolSai, Reuters reported on Thursday, July 18. The approval comes from the Italy’s competition regulator which found that the operation would strengthen BPER’s position in the region of Sardinia and therefore stated that Unipol Banca […]
The Financial Times reported that the European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Vodafone of Liberty Global’s cable business in Czechia, Germany, Hungary, and Romania. The approval is conditional on full compliance with a commitments package offered by Vodafone. The European Commission cleared the takeover of Liberty’s German and […]
On Thursday, July 18, CNBC cited sources claiming that the Department of Justice (DOJ) is ready to sue to block the Sprint/T-Mobile merger if the companies do not settle next week, Reuters reported. The companies have been in talks for weeks discussing selling Sprint’s Boost Mobile company to Dish Network, but have gotten held up […]
Amid the growing political and economic row between South Korea and Japan, Hyundai Heavy Industries (HHI) faces fresh concerns over its decision to acquire Daewoo Shipbuilding & Marine Engineering as it needs to get approval from Japan’s regulators amid a widespread anti-Korean sentiment. After submitting a request for formal approval from Korea’s Fair Trade Commission […]
Roche and Spark Therapeutics’ road to a US$4.3 billion merger has been a rocky one, with various delays pushing the long-gestating agreement back four times. Now, in order to get all its regulatory ducks in a row, Roche is moving its own deal-close deadline back as well. Roche moved its Spark closing deadline from January […]
Fiat Chrysler Automobiles (FCA) ha retirado la propuesta de una fusión de €33 mil millones de euros con Renault de Francia, echando abajo planes para crear lo que habría sido el tercer mayor fabricante de automóviles del mundo. FCA dijo en un comunicado que “sigue firmemente convencida en la razón convincente y transformadora”, pero que […]
French bank BNP Paribas Monday, May 20, announced it appointed banker Bruno Villard as head of merger and acquisitions for Europe, Middle East, and Africa. Villard, who has 20 years of experience in merger, acquisition, and financing, was most recently head of merger and acquisition in the energy, natural resources, and transport industries, the bank […]