Tag: Merger
Australia: Vodafone and TPG announce US$15b merger, ACCC cautions
Vodafone Australia and TPG Telecom have agreed to merge into a single AU$15 billion (US$10.9 billion) telecommunications company that could provide a serious competitor...
US: Union comes our against Sprint/T-Mobile merger
The Communications Workers of America (CWA), a union that represents 700,000 workers, is the latest group to disparage the potential telecoms merger between Sprint...
UK: CMA invites comments on Sainsbury’s-Asda merger
The Competition and Markets Authority (CMA) has formally launched its investigation into the proposed merger of Sainsbury’s and Asda. This coming Friday, August 31,...
Germany: Regulators to investigate Kaufhof-Karstadt merger
The Federal Cartel Office in Germany has launched an investigation into the planned fusion of ailing retail giants Kaufhof and Karstadt, the Bonn-based government...
Japan: Regulator OKs merger of Nagasaki banks
Japan’s Fair Trade Commission (JFTC) approved the merger of regional banks Fukuoka Financial Group and Eighteenth Bank as early as this month, a source...
Australia: TPG and Vodafone consider merger
Vodafone Australia and TPG have announced that they have entered discussions on a possible merger of the two mobile and fixed-line telecom companies, reported...
US: T-Mobile pushing smaller carriers to support Sprint merger
T-Mobile is discreetly pushing smaller wireless carriers in the United States to support its proposed merger with Sprint, Reuters reports, citing industry insiders.
The Bellevue,...
US/Israel: PepsiCo buys SodaStream for US$3.2b
PepsiCo will pay US$3.2 billion for Israeli at-home water carbonation products company SodaStream, according to a Monday, August 20, filing with the Tel Aviv...
UK: CMA orders European Metal Recycling to divest five sites in...
European Metal Recycling (EMR) has been instructed to sell five of the sites it bought from Metal Waste Recycling (MWR) in a bid to...
US: Icahn changes mind on Cigna’s US$52b Express deal
Billionaire investor Carl Icahn now says he will support Cigna’s proposed purchase of Express Scripts, citing recommendations of two influential proxy advisors who came...
