There has been happening a lot in the M&A industry during the last two weeks since our latest post on merger and acquisitions worldwide:
Nixed merger crushes media baron’s investment in pharma chain – New York Post
Nixed merger crushes media baron’s investment in pharma chain – New York Post But Alden’s $158 million investment has fallen to about $58 million in seven months. The problem? When Smith bought into Fred’s, the company was expected to benefit from a Walgreen and Rite Aid merger. The two drug chains had agreed to sell 865 stores …
What the Cardenas Markets merger means – Inland Valley Daily Bulletin
What the Cardenas Markets merger means – Inland Valley Daily Bulletin ONTARIO >> Cardenas Markets’ merger with a Bay Area company wasn’t the Ontario chain’s big news Friday. Executives were 175 miles away from Guasti Road headquarters at a grand opening for a Calexico market in 116-degree heat. The growth of …
Partners merger with Mass. Eye and Ear to get close scrutiny … – The Boston Globe
Partners merger with Mass. Eye and Ear to get close scrutiny – The … – The Boston Globe Partners HealthCare’s plan to acquire the Massachusetts Eye and Ear Infirmary will get close regulatory scrutiny after a state watchdog agency concluded the …
Canon faces up to $2.9B fine for breaking EU merger rules – FierceBiotech
Canon faces up to $2.9B fine for breaking EU merger rules – FierceBiotech While Canon may have to cough up a $2.9 billion penalty, the European Union said in a statement that its investigation will not affect its approval of the merger, which was given in September 2016. The commission said Canon used a two-step “warehousing …
Donald Trump ‘may block $85bn Time-Warner-AT&T merger unless ‘CNN boss is ousted’ – The Independent
Donald Trump ‘may block $85bn Time-Warner-AT&T merger unless ‘CNN boss is ousted’ – The Independent The Trump administration may reportedly block the $85bn merger of CNN’s parent company with a major telecommunications group, unless the so-called “fake news” network’s boss is made to resign. During the election campaign, Donald Trump enjoyed a …
Cyber security due diligence during mergers and acquisitions – Real Business
Cyber security due diligence during mergers and acquisitions – Real Business The due diligence process is well established, with financial experts poring over the target’s numbers and lawyers advising on legal responsibilities to ensure there are no surprises post-close. It’s rarely a simple or quick task, but it’s necessary …
Vocus grants KKR non-exclusive due diligence – The Australian Financial Review
Vocus grants KKR non-exclusive due diligence – The Australian Financial Review Market sources say Vocus’ advisers have fielded informal interest from at least one rival private equity firm, giving the company’s board the confidence to grant KKR the rights to conduct non-exclusive due diligence on its business. KKR last month …Markets InsiderSBSBusiness Insider Australia
Mutual funds managers need to improve due diligence: SEBI – Economic Times
Mutual funds managers need to improve due diligence: SEBI – Economic Times Indian mutual funds need to improve their due diligence before investing in corporate bonds and not rely only on credit ratings given rising concerns about potential defaults, the chairman of the country’s capital markets regulator said on Thursday.Business StandardThe Asian AgeLivemint