Mergers & Acquisitions

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.

Tribunal ruling fails to dash M&R’s Aveng hopes

The Murray & Roberts (M&R) board has not given up on its bid to implement a merger with Aveng despite a Competition Tribunal ruling that appeared to kill off its chances of pushing through the necessary resolution at Tuesday’s shareholders’ meeting. Asked if it was considering an appeal of the tribunal’s decision, M&R group investor and media executive Ed Jardim said that Tuesday’s meeting would go ahead but that “if we decide to proceed with an appeal, it will be…

0
Read More

Tata Steel-Thyssenkrupp merger to cut costs: Moody’s

Last September, Thyssenkrupp and Tata Steel had said they would combine their steel making capacities in Europe into an equal joint venture. Photo: Reuters Mumbai: The proposed merger of Tata Steel Ltd’s European steel business and Thyssenkrupp AG to form an equal joint venture is likely to consolidate the European steel sector and may lead to lower costs over time, a report said. Last September, Thyssenkrupp and Tata Steel had said they would combine their steel making capacities in Europe…

0
Read More

Moves afoot in banking M&As

M&As in Vietnam’s banking sector have been relatively quiet in recent years but more deals appear to be on the horizon. Vietnam’s crowded banking sector posted a busy fiscal 2017, with most local commercial banks reporting handsome business results and setting ambitious plans for 2018.  A few months after listing on the Ho Chi Minh Stock Exchange (HSX), the Ho Chi Minh City Development Commercial Bank (HDBank) posted impressive revenue of more than $37 million in the first quarter of…

0
Read More

Singapore M&A activity hit 4-year high at US$33.8b

Two large M&A deals breached the US$3b mark in H1. Overall Singapore merger and acquisition (M&A) activity jumped 19.1% to US$33.8b so far this year, reaching the highest first half period since 2014 at US$54.6b, Thomson Reuters revealed. According to data as at 18 June 2018, the average M&A deal size for disclosed deals grew to US$127.1m compared to US$86.8m in the first half of 2017, as Singapore-involved M&A this year witnessed two deals US$3b and above. Temasek Holdings bought…

0
Read More

The Stepping Stones Group Appoints Timothy R. Murphy as Chief Executive Officer

LAFAYETTE, Colo., June 18, 2018 /PRNewswire/ — The Stepping Stones Group, a provider of therapy and education solutions to children with special needs and autism in educational settings, today announced that Timothy R. Murphy (Tim) is joining The Stepping Stones Group as Chief Executive Officer effective June 18th. Anthony Rintala will serve as President and Chief Operating Officer and report directly to Mr. Murphy. Under the ownership of Five Arrows Capital Partners, the North American corporate private equity business of Rothschild…

0
Read More

Ash Grove Cement Company Board of Directors Declares Special Dividend in Connection with Pending Acquisition by CRH plc

Ash Grove Cement Company today announced that its board of directors has declared a special dividend of $100 per share of outstanding Common Stock and Class B Common Stock, and $105 per share of outstanding Class D Common Stock, contingent on the closing of the transaction under the previously reported Agreement and Plan of Merger with CRH plc, under which CRH plc will acquire Ash Grove. The special dividend will be payable to stockholders of record immediately prior to the…

0
Read More

Perry Ellis International Enters Into A $437 Million Transaction To Become A Private Company Through An Acquisition Led By George Feldenkreis

MIAMI — June 16, 2018 — Perry Ellis International (“Perry Ellis” or the “Company”) today announced it has entered into a definitive merger agreement under which a newly formed entity controlled by George Feldenkreis, Perry Ellis’ founder and member of the Company’s Board of Directors, will acquire all of the outstanding common shares of Perry Ellis not already beneficially owned by the Feldenkreis family for $27.50 per share in cash. Additionally, the Company and George Feldenkreis have agreed to defer…

0
Read More

Investors not ‘enamoured’ by Baytex and Raging Rivers’ $2.8B merger — the biggest deal in the oilpatch this year

Pumpjacks at a Baytex Energy well site near Crosby, North Dakota. Ted Rhodes/Postmedia CALGARY – The harsh investor reaction to Baytex Energy Corp.’s $2.8-billion merger with Raging River Exploration Inc. could put a chill on more consolidation in the Canadian oilpatch, analysts say. Baytex and Raging River announced an all-share deal on Monday worth $2.8 billion that would create a stronger combined organization better able to develop its oil properties in Alberta and Texas, according to the companies. Part of…

0
Read More

LIVE MARKETS-Closing snapshot: Farewell ECB gains! – Finance News

* European shares fall, led lower by industrials * Cable maker Nexans warns on profits * Bank CYBG clinches takeover of Virgin Money June 18 (Reuters) – Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: FAREWELL ECB GAINS! (1613 GMT) Gone are Thursday’s ECB-led gains as the STOXX is back…

0
Read More

Anthem, Inc. Completes Acquisition of Aspire Health

Anthem, Inc. Completes Acquisition of Aspire Health Anthem, Inc. (NYSE:ANTM) announced today the completion of its acquisition of Aspire Health, the nation’s largest provider of non-hospice, community-based palliative care for people facing a serious illness. “Anthem is focused on leading the industry by offering innovative, integrated clinical care models that help to transform how we deliver care, enhance quality and improve outcomes,” said Gail K. Boudreaux, President and CEO, Anthem. “With the addition of Aspire, we are able to expand…

0
Read More

Global Bluetooth Modules: Market Demand, Trends, Share, Growth Analysis & Opportunity and Forecast to 2025 – Mergers & Acquisitions News Today

Global Bluetooth Modules: Market Demand, Trends, Share, Growth Analysis & Opportunity and Forecast to 2025 – Mergers & Acquisitions News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Monday, June 18, 2018 · 452,082,195 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

0
Read More

Rentokil Initial PLC’s price target raised by Credit Suisse despite Competition and Markets Authority merger setback

The proposed acquisition of Cannon Hygiene Ltd by PLC () is being put the wringer by the Competition and Markets Authority (CMA). The CMA said that if the merger goes ahead, the companies, which are both in the top three specialist providers of products and services found in wash-rooms across the UK, could face very limited competition in the sector. READ: Rentokil Initial trades well in first quarter despite delayed start to the spring pest season in the…

0
Read More

History makes case against mega mergers

By Llewellyn King Monday, June 18, 2018 | 2 a.m. A judge has green-lighted the $85 billion merger of Time Warner and AT&T. Unless the Trump administration wins on appeal, another behemoth will take the field. This merger, it is assumed, will lead to a flurry of other mergers in communications. Witness Comcast’s $65 billion bid for Fox, topping Disney’s $52.4 billion offer. This is heady stuff. The money on the table is enormous, in some cases dwarfing the economies…

0
Read More

Non-Invasive Prenatal Testing (NIPT) Market Opportunities by Key Players, Regional Segmentation & Forecasts 2018 – 2021 – Mergers & Acquisitions News Today

Non-Invasive Prenatal Testing (NIPT) Market Opportunities by Key Players, Regional Segmentation & Forecasts 2018 – 2021 – Mergers & Acquisitions News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Monday, June 18, 2018 · 452,038,340 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

0
Read More

Foreign direct investment in Singapore fell 11.79% to US$24.7b

This was due to a significant fall in foreign direct investments in the financial sector. The United Nations Conference on Trade and Development (UNCTAD) previously reported in its World Investment Report that Singapore ranked as the fifth largest recipient of foreign direct investment (FDI) in the world as it got US$62b in 2017 and US$77b in 2016. However, FDI plunged 19.9% due to a significant fall in foreign investment in the financial sector. Amongst developing countries, Singapore was the fourth…

0
Read More

Mergers And Acquisition Process | Fiji Sun

Over the recent years, Fijian Competition and Consumer Commission (FCCC) has assessed a number of Merger and Acquisition cases in Fiji. From the list of cases assessed, majority have been granted approval for the proposed Merger and Acquisition. This article intends to further elaborate on the Merger and Acquisition process for enlightenment of businesses and consumers alike.   Information Required for Submission with Application When a business makes a submission to FCCC for the proposed Merger or Acquisition, the applicant…

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