Mergers & Acquisitions

Roche Jumps Into Mergers and Acquisitions With $1.7 Billion Deal — The Motley Fool

On the heels of Bayer AG (NASDAQOTH:BAYRY) licensing Loxo Oncology‘s (NASDAQ:LOXO) fusion-targeting cancer drug, Roche Holdings (NASDAQOTH:RHHBY) is acquiring Ingynta (NASDAQ:RXDX), a company that’s also exploring origin agnostic approaches to cancer treatment. The $1.7 billion all-cash deal reflects growing excitement in this promising area of cancer research and development. What’s the story Historically, cancer treatment has been driven by the origin of the cancer (e.g. breast cancer, lung cancer, or kidney cancer). In the future, it may be driven by discoveries…

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Barrick Gold eyes deals with rewritten M&A playbook | Business

TORONTO (Reuters) – Barrick Gold Corp ABX.TO is actively reviewing acquisitions and in the past 18 months considered at least one transformational deal, as it seeks to boost looming production declines and drive growth, four people familiar with the company’s thinking told Reuters. FILE PHOTO – A bulldozer operates inside an open pit at Barrick Gold Corp’s Veladero gold mine in Argentina’s San Juan province, April 26, 2017. REUTERS/Marcos Brindicci/File Photo It marks a shift for Barrick, which has focused on…

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Even more M&A activity in 2018? | News

This year has been an impressive year for global stock markets, some indices reached multi-year highs while others went on to rack-up fresh record highs consistently. The improved economic sentiment, and the prospect of even better economic growth in the coming years triggered a wave of buying this year, according to David Madden, Market Analyst at CMC Markets UK. Rock bottom rates Interest rates are at record lows, and the cost of borrowing is likely to creep higher next year, giving…

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Automodular Corporation Agrees to a Business Combination with HLS Therapeutics Inc.

TORONTO, ONTARIO and PICKERING, ONTARIO, Dec 21, 2017 (Marketwired via COMTEX) — TORONTO, ONTARIO and PICKERING, ONTARIO–(Marketwired – Dec. 21, 2017) – THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Automodular Corporation (nex:AM.H) (“AMD”) and HLS Therapeutics Inc. (“HLS”), a private Canadian corporation, together are pleased to announce the execution of a definitive agreement dated December…

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UNC Health Care partnership with Carolinas HealthCare misses review deadline

A UNC special committee missed its first deadline to review whether a proposed partnership between UNC Health Care System and Carolinas HealthCare would be good for the residents of North Carolina. The special committee was formed in November by the UNC system’s Board of Governors to review the mega-deal that would transform the state’s health care landscape, and raise questions about the future operations of UNC Health Care System and UNC’s School of Medicine, which are owned by the state.…

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RCom jumps 8% as NCLT adjourns hearing in insolvency petitions to Jan

Chennai, Dec 21:   Shares of Reliance Communications jumped as much as 8 per cent on Thursday as the National Company Law Tribunal has adjourned the hearing of insolvency petitions filed against Reliance Communications to early next month. After opening strong at Rs 18.65 against the previous close of Rs 17.79, the scrip touched an intraday high of Rs 18.65 and a low of Rs 17.57 on the BSE. In terms of equity volume, 109.24 lakh shares exchanged hands in the…

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Datto finalises acquisition by Vista Equity Partners and merger with Autotask

Datto, provider of total data protection solutions for businesses around the world, has finalised its acquisition by Vista Equity Partners (Vista), the investment firm focused on software, data and technology-enabled businesses. The acquisition, first announced in late October, and the simultaneous merger with Vista portfolio company Autotask, have been followed by an intensive integration between the companies. The result is a single entity designed to empower Managed Service Providers (MSPs) with Autotask’s in demand IT business management offerings and Datto’s…

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Intermex Holdings II, Inc. and FinTech Acquisition Corp. II Announce Merger Agreement Combining Businesses

Intermex Holdings II, Inc. and FinTech Acquisition Corp. II Announce Merger Agreement Combining Businesses MIAMI, Dec 19, 2017 (BUSINESS WIRE) — Intermex Holdings II, Inc., the parent company of Intermex(R) Wire Transfer, LLC, a technology enabled wire transfer and financial processing solutions provider, and FinTech Acquisition Corp. II (NASDAQ:FNTE) (“FinTech”), announced today that they have entered into a definitive merger agreement with Intermex’s owner, Stella Point Capital, LP (Stella Point Capital), whereby FNTE will acquire Intermex and will be renamed…

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Intersil to Start Operations as Renesas Electronics Americain January 2018

TOKYO, Dec 19, 2017 (BUSINESS WIRE) — Renesas Electronics Corporation , a premier supplier of advanced semiconductor solutions, today announced the integration of Intersil Corporation as a legal entity and a new branding policy following the acquisition of Intersil on February 24, 2017. Effective January 1, 2018, Intersil Corporation is expected to operate in the market under the name of Renesas Electronics America Inc. The completion of Renesas’ U.S. entity integration marks a major milestone in the integration process, which…

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US and global stocks close higher as US tax vote nears – Business News

NEW YORK: Wall Street and other major world stock markets hit fresh highs on Monday as U.S. Republican lawmakers moved closer to passing tax-cut legislation, while the dollar slid on skepticism about the bill’s impact on economic growth. Congress was expected to vote as early as Tuesday on the bill, which would become the biggest U.S. tax code overhaul in more than three decades if approved. President Donald Trump is aiming to sign the plan into law at the end…

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Dealmaking in focus as European shares climb back to 6-week high By Reuters

© Reuters. Dealmaking in focus as European shares climb back to 6-week high By Danilo Masoni MILAN (Reuters) – European shares rose on Monday, with merger and acquisition activity in focus and investor sentiment buoyed by expectations that a U.S. tax bill could soon pass. Thales (PA:) rose 8.4 percent after the French aerospace and defense company agreed to buy chipmaker Gemalto (AS:) for 4.8 billion euros. Gemalto shares rose 5.4 percent. “It’s a healthy premium and it looks like…

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BUSINESS IN BRIEF 18/12 – News VietNamNet

Practitioners to discuss personnel changes at roundtable Prominent practitioners will take the stage at a roundtable at the Saigon Times Group’s meeting hall in HCMC today to discuss adverse impacts of personnel changes and measures to cope with the problem. The roundtable, focusing on personnel changes at companies in a fast-changing world, is among a series of seminars and talks themed “Go with Business” that is organized every two months by the Saigon Times Group in collaboration with partners to…

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6 predictions for ad-land in 2018

Will brand safety and transparency continue to dominate the conversation? It has certainly been an interesting 12 months in ad-land. Brand safety and transparency have dominated the conversation; marketers’ imaginations have been fired up by new smart devices, while the importance of quality and ground-breaking creative was highlighted by some truly spectacular campaigns. But what does 2018 hold for the ad industry? Well, ready to usher in the New Year, I’ve been gazing into my crystal ball to predict the…

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UBS sees NBFCs lining up for IPOs in 2018

UBS India chief Anuj Kapoor. Mumbai: European financial services firm UBS AG expects its Indian investment banking business to become a bigger part of its global franchise due to stronger equity capital markets and merger and acquisition (M&A) activity, senior executives said at a media roundtable on Friday. Earlier this year, UBS hired Anuj Kapoor from Barclays to head its India investment banking unit, which has seen an eventful 2017 and expects to do more in the coming year. “Our…

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Centerview Partners has crushed 2017

Blair Effron, a founder of Centerview Partners. Bloomberg The boutique investment bank Centerview Partners is having a monster year. It has advised on some of the biggest deals in 2017, including the $69 billion CVS-Aetna merger and Disney’s $66 billion buyout of 21st Century Fox’s film and TV assets. With 37 senior bankers on staff, the small firm is projected to pull in as much as $13.5 million a partner. In the first two weeks of December, two industry-shaking transactions…

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MCU to include X-Men, Deadpool post Disney-Fox merger

Disney is set to buy 21st Century Fox assets for USD 52.4 billion in the Hollywood deal. (IE) Disney CEO Bob Iger announced the Marvel Cinematic Universe will incorporate franchises such as “X-Men”, “Fantastic Four” and “Deadpool” after the acquisition of 21st Century Fox is compete in the historic merger. Disney is set to buy 21st Century Fox assets for USD 52.4 billion in the Hollywood deal. AceShowbiz quoted Iger saying, “We’re also looking forward to expanding the Marvel Cinematic Universe…

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