Category: Merger and Acquisitions

First Data Co Expecting To Sell $3.7 Billion Shares

Payment processing company First Data Corp. dispatched its first sale of stock, setting a price range that could see it raise as much as $3.7 billion. That would make it the greatest U.S. listing of the year. The company likewise…
European Regulators Looking Concessions On Fedex Acquisition Of TNT

FedEx Corp. has keep running into unforeseen obstacles in its planned takeover of Dutch adversary TNT Express NV, as European regulators consider requesting concessions, for example, resource sales, which could throw the deal off course. FedEx executives have depicted the…
United Parcel Service Company To Invest In Direct Online Sales

United Parcel Service company is investing in online startup that permits brand manufacturers to build websites and sell services directly to consumers without the middlemen. Ally Commerce Inc. has launched websites and e-commerce services for brands including D-Link, Bosch and…
U.S. M&T Bank Corp Plans To Buy Hudson City Bancorp

Precisely 1,129 days after M&T Bank Corp. declared plans to purchase Hudson City Bancorp Inc., the Federal Reserve favored the deal. The U.S. banking controller affirmed the two’s merger banks Wednesday, clearing the greatest obstacle for a tie-up that was…
Starboard Buys 3.7% Stake From Advance Auto Parts

Starboard Value LP has bought a 3.7% stake from Advance Auto Parts Inc. also, is encouraging the company to drive edges higher. The New York flexible investments plans to unveil its stake in the Roanoke, Va-based seller of automotive parts…
Pentagon Warns Mergers About Defense Deals

The Pentagon’s chief of weapons buyer issued a warning about the potential effect of further combination among expansive defense companies, which could hurt development, choke the supplier base and blow up costs. The undersecretary for procurement, technology and logistics of…
Paul J. Taubman’s Mergers And Acquisitions Firm To Go Public

Paul J. Taubman has made a profession out of pitching mergers and acquisitions to huge companies. Presently, he confronts a new test: pitching himself to public investors during an era when some apprehension the merger blast has seen its greatest…
German Sports Betting Company Tipico Looking For Potential Buyers

The owners of secretly held German sports betting company Tipico Co. are seeking potential buyers for the company, as new European standards drive a spate of merger and acquisition action in the internet betting industry. The company’s owners, four German…
China’s Tsinghua To Buy 15% Shares Of US Western Digital Corp

An arm of China’s Tsinghua Unigroup Ltd. consented to pay $3.78 billion for a 15% stake in plate drive creator Western Digital Corp., the most recent sign of overseas aspirations for the government-controlled technology company. Tsinghua’s Unisplendour Corp. unit consented…