Mergers & Acquisitions

Mergers and acquisitions (M&A) is a general term that refers to the consolidation of companies or assets. M&A can include a number of different transactions, such as mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions. In all cases, two companies are involved. The term M&A also refers to the department at financial institutions that deals with mergers and acquisitions.

Merger In a merger, the boards of directors for two companies approve the combination and seek shareholders’ approval. After the merger, the acquired company ceases to exist and becomes part of the acquiring company. For example, in 2007 a merger deal occurred between Digital Computers and Compaq whereby Compaq absorbed Digital Computers.

Acquisition: In a simple acquisition, the acquiring company obtains the majority stake in the acquired firm, which does not change its name or legal structure. An example of this transaction is Manulife Financial Corporation’s 2004 acquisition of John Hancock Financial Services, where both companies preserved their names and organizational structures.

US STOCKS-Wall St drops as Apple slips, Saudi issue…

US STOCKS-Wall St drops as Apple slips, Saudi issue flares up By Reuters Published: 10:37 EDT, 15 October 2018 | Updated: 10:37 EDT, 15 October 2018 By Medha Singh Oct 15 (Reuters) – U.S. stocks fell on Monday as an increase in tensions between Western powers and Saudi Arabia added to worries over rising borrowing costs and the impact of tariffs, following the main three indexes’ biggest weekly declines in over seven months. Among the biggest drag on the three…

0
Read More

German American to Complete Acquisition of First Security, Inc. and First Security Bank, Inc.

German American to Complete Acquisition of First Security, Inc. and First Security Bank, Inc. JASPER, Ind., Oct 15, 2018 (GLOBE NEWSWIRE via COMTEX) — German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its previously announced acquisition of First Security, Inc., the parent company of First Security Bank, Inc. of Owensboro, Kentucky, effective as of October 15, 2018. Immediately following the merger of First Security, Inc. into German American Bancorp, Inc., First Security Bank, Inc. merged with and…

0
Read More

NESG names Ighodalo as chair

Nigerian Economic Summit Group (NESG) has appointed Asue Ighodalo as its new chairman.He was appointed following the resignation of Kyari Bukar on September 17, 2018.He obtained a degree in economics from the University of Ibadan, a law degree from the London School of Economics and Political Science and was admitted into the Nigerian Bar in July 1985.A statement by the group explained that his appointment as chairman was to provide continuity to the strategic growth and development of the NESG.Ighodalo…

0
Read More

ACCC worries hyperscalers’ big data troves reinvent competition woes – Cloud – Storage

Algorithms and big data are reinventing competition issues but also creating new headaches for regulators dealing with mergers and acquisitions in the tech space, according to Australian Competition and Consumer Commission (ACCC) chair Rod Sims. Speaking at seminar run by law firm Gilbert+Tobin, Sims said the ACCC is “very well placed to deal with a range of future data issues”, though he noted the commission faces several challenges at present. Most of these relate to how the ACCC assesses the…

0
Read More

Harris Corporation, L3 Technologies Combine in Merger to Create Global Defense Technology Leader |

<!– –> combined company will be the sixth largest defense company in the U.S. Harris Corporation and L3 Technologies, Inc. have agreed to combine in an all-stock merger of equals to create a global defense technology leader focused on developing differentiated and mission-critical solutions for customers around the world. “This transaction extends our position as a premier global defense technology company that unlocks additional growth opportunities and generates value for our customers, employees and shareholders,” said Harris Chairman, President and Chief…

0
Read More

Commerce Commission closes investigation into acquisition

Monday, 15 October 2018, 9:53 amPress Release: Commerce Commission The Commerce Commission has closed its investigation into Fulton Hogan’s acquisition of Stevenson Group Limited’s construction materials business as its concerns with the transaction have been addressed. In June this year the Commission opened an investigation under section 47 of the Commerce Act primarily due to concerns the acquisition could have reduced competition for the production and supply of aggregates (granular rocks, gravel or sand typically used in roading and construction)…

0
Read More

A stabilizing Indian economy driving M&A deals in India

Globalization in the time of trade wars and tariff barriers is another reason why business leaders in India are open to M&As—using it as a strategic step to make headway in newer markets. Photo: iStock Today, a key priority for many business leaders is to look for growth opportunities that will help scale up their organization. A plethora of growth drivers like advancements in technology and globalization, digital transformation, innovation, mergers and acquisitions (M&As), high cash flows, customer-centricity, agility and…

0
Read More

Exabytes acquires HostPro2U – BorneoPost Online | Borneo , Malaysia, Sarawak Daily News

Chan says the acquisition of HostPro2U marks the third part of the Exabytes’ merger and acquisition roadmap for the year 2018. The first two were ICONZ-Webvisions Sdn Bhd and Cybersite Services Pte Ltd, which were both acquired this year. KUCHING: Exabytes Capital Group Sdn Bhd (Exabytes), an eCommerce and Cloud solutions provider in Southeast Asia, has announced its third acquisition in 2018 over HostPro2U (owned by E-Global Innovative Sdn Bhd). The 100 per cent acquisition was sealed in September 2018…

0
Read More

Qumak SA (QMK.WA) Key Developments

Oct 2 (Reuters) – QUMAK SA ::SAID ON MONDAY THAT IT WAS INFORMED BY EUVIC SP. Z O.O. THAT IT IS NOT POSSIBLE FOR EUVIC’S PARTNERS TO ACQUIRE THE COMPANY’S SERIES N SHARES DUE TO A “SIGNIFICANT” INCOME TAX ON THE TRANSACTION .AS A RESULT, QUMAK WILL NOT UNDERTAKE THE SHARE ISSUE AIMED AT INCREASING SHARE CAPITAL .SAYS CO WILL IMMEDIATELY RETURN FUNDS PAID BY SHAREHOLDERS SO FAR.EUVIC SAYS IT IS STILL INTERESTED IN CLOSE COOPERATION AND SUPPORT OF QUMAK…

0
Read More

Broadcom Inc (AVGO.OQ) Key Developments

<!– Broadcom Inc – Obtains Antitrust Clearance in EU On Pending Acquisition Of CA –> <!– –> Friday, 12 Oct 2018 05:35pm EDT  Oct 12 (Reuters) – Broadcom Inc ::BROADCOM INC – OBTAINED CLEARANCE UNDER THE ANTITRUST LAWS OF THE EUROPEAN UNION WITH RESPECT TO BROADCOM’S PENDING ACQUISITION OF CA.BROADCOM SAYS EXPECTS ACQUISITION OF CA TO BE COMPLETED ON NOV 5, 2018 – SEC FILING.BROADCOM LTD – CLEARANCE OF THE TRANSACTION UNDER THE ANTITRUST LAWS OF JAPAN WAS OBTAINED ON…

0
Read More

Indian IT giants join forces with startups

As the pioneers of Indian IT industry navigate the turbulent waters of tech disruptions, startups that have the advantage of being digital natives are coming to their rescue. Innovating fast has never been more critical for India’s IT giants, and they are realising that co-creating solutions with startups can provide them the much-needed ability to be nimble and agile. Research firm CB Insights recently highlighted how Indian IT companies have been gradually upping their mergers, acquisitions and investment activity, attempting…

0
Read More

‘Folk are folk:’ Cory Booker touts roots in Iowa as 2020 speculation swirls

J.D. Scholten was trying to drive. But Sen. Cory Booker, sitting in the passenger seat of Scholten’s campaign Winnebago, had other ideas. Armed with his iPhone, Booker turned it on Scholten as the Iowa landscape flashed by. “You are running for what?” Booker asked from behind his phone. Scholten responded, as he tried to keep one eye on the road, that he’s running for Congress in Iowa’s 4th Congressional District against Republican Rep. Steve King. Booker stopped him there. “We…

0
Read More

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Saturday, October 13, 2018 · 464,972,140 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

0
Read More

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Saturday, October 13, 2018 · 464,967,992 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

0
Read More

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today

ALPHABET SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Alphabet Inc. – GOOG, GOOGL – Mergers & Acquisitions News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Saturday, October 13, 2018 · 464,960,368 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links