Tag: Antitrust deal
LVMH To Renegotiate $16.2B Tiffany Deal
LVMH Chief Executive Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant’s $16.2 billion acquisition of jewelry chain Tiffany...
EU To Warn EssilorLuxottica About Dutch Deal: Reports
EU antitrust regulators will warn EssilorLuxottica that its €7.2 billion (US$8.1 billion) bid for Dutch opticians group GrandVision could harm competition, people familiar with...
The Netherlands Conditionally Clears Travel App Deal
Mobility service provider Pon en Dutch Railways NS are conditionally allowed to create travel app together.
Dutch Railways NS and Pon are allowed to create...
Mirae Countersue China’s Anbang In $5.8B Hotel Deal Dispute
Mirae Asset Global countersued Anbang Insurance in Delaware over their scrapped US$5.8 billion hotel deal Wednesday, May 20, claiming the purchase agreement didn’t contain...
French Group Total Buys Assets From Portugal’s EDP
French energy group Total said on Monday, May 18, it had agreed to buy up a large customer portfolio from Energías de Portugal and...
South Africa’s Tongaat, Barloworld Stall Starch Deal
South Africa’s heavily indebted sugar producer Tongaat Hulett is in a deadlock over the sale of its starch business to Barloworld over a condition...
$2B Canada/US Gold Deal In The Works
Canadian precious metals producer SSR Mining announced it would to buy Alacer Gold in an all-stock deal valued at CA$2.41 billion (US$1.72 billion), adding...
Temple, Jefferson call off Fox Chase Cancer Deal Over COVID-19
Jefferson University and Temple University have called off the planned acquisition of Fox Chase Cancer Center by Jefferson because of the "devastating economic impact"...
PKN Offers EU Concessions On Lotos Deal
Poland’s biggest refiner PKN Orlen has offered concessions in a bid to address EU antitrust concerns regarding its planned takeover of smaller rival Lotos,...
Mirae Asset Faces Legal Battle Over $5.8B Hotel Deal
Mirae Asset Global stated on April 28 that it was renegotiating with China’s Anbang Insurance to delay the closing date of a US$5.8 billion...