Tag: Acquisition
US: Marsh McLennan acquisition of JLT clears antitrust hurdle
The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson...
Thailand: Regulator blocks US$4b sale of Engie’s Glow to PTT
Thailand’s energy regulator has blocked PTT's bid to acquire power firm Glow Energy from France’s Engie for up to US$4 billion, reported Reuters.
The deal, first...
EU: Microsoft’s US$7.5b GitHub deal set for approval
According to Reuters, US software giant Microsoft is set to win unconditional EU antitrust approval for its US$7.5 billion purchase of privately held coding website...
Italy: Regulator opens Luxottica-Barberini buy probe
The Italian antitrust authority (AGCM) announced it opened a probe into Luxottica's acquisition of top sunglasses maker Barberini.
Luxottica, the world's largest spectacles manufacturer, completed...
US: FTC conditionally clears US$2.8b casino acquisition
Penn National Gaming announced on Tuesday morning, October 2, that the US Federal Trade Commission (FTC) has cleared its pending acquisition of Pinnacle Entertainment,...
EU: EC sets date for decision on Takeda’s Shire acquisition
On Friday, September 28, the European Commission announced that it has set a deadline of November 6 for its decision on Japanese pharmaceutical company...
US: SiriusXM to buy Pandora for US$3.5b
SiriusXM has acquired Pandora in an all-stock transaction valued at approximately US$3.5 billion, reported the Financial Times.
The combination brings together SiriusXM’s base of over...
EU: Watchdog to decide on Sony/EMI deal by October
Sony will know by October 26 whether EU antitrust regulators will wave through its US$2.3 billion offer for control of EMI to become the...
Brazil: CADE approves acquisition of Cemig Telecom assets
Brazil's Administrative Council for Economic Defense (CADE) has unconditionally approved the acquisition of Cemig Telecom's assets by American Tower (ATC), reported Telecompaper.
The operation will...
Japan: Renesas buying chipmaker IDT for US$6.7b
Japan’s Renesas Electronics announced it had agreed to buy Integrated Device Technology for US$6.7 billion, its second major acquisition as it deepens its push into semiconductors...