Tag: Antitrust deal
US: GM buys Strobe, a startup that makes crucial tech for...
On Monday, October 9, General Motors (GM) said it would buy Strobe, which uses laser-radar (Lidar) technology to help self-driving cars identify objects...
UK: Wood Group completes £2.2b takeover of rival
Energy services giant Wood Group's £2.2 billion (US$2.9 billion) takeover of Amec Foster Wheeler is now officially complete.
The merger was wrapped up after Amec...
Australia: French hotel group Accor offers $1.2 billion for Mantra group
Mantra shares soared more than 16% on Monday after French hotel giant Accor offered to buy the Queensland accommodation group for AU$1.2 billion.
Mantra said...
Canada: Metro, Jean Coutu enter $4.5b deal grocery merger
Two of the biggest retail names in Quebec have joined forces in a US$4.5-billion deal they say will make them a leader in food,...
US: Clariant merger challenger doubles down against Huntsman
An activist investor has built up a 15% stake in Swiss chemicals group Clariant and is vowing to fight its planned US$20 billion merger...
Brazil: The Body Shop sale to Natura closes
The Body Shop’s surprise buyer Natura Cosmeticos has now completed its acquisition of the health and beauty retailer, after being granted permission by the...
UK: Admiral Taverns sold to Magners maker C&C in $240m deal
Magners cider maker C&C on Monday became the latest brewer to buy up swathes of pubs, after it inked a £220 million (US$284.4 million)...
UK: French group Altrad’s takeover of energy services giant Cape approved
Altrad announced the £332 million (US$429.4 million) takeover deal, which affects hundreds of workers employed by Cape in Aberdeen, in July.
“The Competition and Markets...
EU: France’s Total is buying Maersk Oil for US$7.5 billion
Total is buying Maersk's oil and gas business in a US$7.45 billion deal which the French company said would strengthen its operations in the...
US: Conservative media joins opposition to Sinclair’s Tribune buy
The right-leaning broadcast company One America News Network joined Newsmax and public interest and liberal groups in opposing Sinclair Broadcasting Group’s proposed US$3.9 billion...
