Tag: Antitrust takeover
JD Sports Overturns UK Competition Regulator Block On Footasylum Takeover
An appeal tribunal has told the UK’s competition regulator to reconsider its decision to block the takeover of Footasylum by JD Sports, claiming it...
UK Security Firm Rejects Takeover From Allied Universal
British private security firm G4S on Tuesday, November 3, rejected a takeover proposal from US rival Allied Universal Security Services, stating that the highly...
Blackstone, GIP Make Takeover Bid for Kansas City Southern
A buyout consortium led by Blackstone Group and Global Infrastructure Partners (GIP) has made an offer to acquire US railroad operator Kansas City Southern...
Visa Wins UK Approval For $5.3B Plaid Takeover
The UK’s Competition and Markets Authority (CMA) has given the green light to Visa’s US$5.3 billion takeover of fintech data-sharing firm Plaid, after judging...
EU Approves Mastercard Takeover Of Nets, With Concessions
The European Commission has approved the €2.85 billion (US$3.4 billion) take-over by Mastercard of key business units of Nets, subject to the transfer of...
DOJ Is Worried About Credit Karma, Intuit Takeover
The Department of Justice (DOJ) is scrutinizing Silicon Valley giant Intuit’s US$7 billion takeover attempt of Credit Karma, an upstart personal finance firm that...
TikTok Takeover Bid Sees $50B Valuation By ByteDance Investors
A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social media app valuing it...
Italy’s Intesa Wins Support For Hostile UBI Banca Takeover
Intesa Sanpaolo, Italy’s largest retail lender, has achieved majority support for its hostile takeover bid for smaller rival UBI Banca after a crucial shareholder...
EU Sets New Deadline For Decision on Alstom’s Proposed Takeover Of...
EU regulators have set a new deadline for a decision on whether to give the green light to plans by French train-maker Alstom to...
Poland’s Biggest Refiner PKN Wins OK For Lotos Takeover
Poland’s biggest refiner, PKN Orlen, on Tuesday, July 14, gained EU antitrust approval for its takeover of smaller rival Lotos after agreeing to sell...