Latest Mergers and acquisitions News

Israeli spyware company NSO is re-acquired by its founders

Feb. 14, 2019 3:24 PM EST

JERUSALEM (AP) — An Israeli software firm known for its phone-surveillance technology said Thursday that it has been re-acquired by its founders. The NSO group announced that U.S.-based private equity firm Francisco Partners sold the company to its management, with support with the European private equity...

Democrats question pledges in $26.5B T-Mobile-Sprint deal

Feb. 13, 2019 3:47 PM EST

WASHINGTON (AP) — Democratic lawmakers challenged top executives of T-Mobile and Sprint on Wednesday over their pledge not to raise prices for wireless services or hurt competition if their $26.5 billion merger goes through. At a hearing by a House committee, the two executives defended the deal, which...

The Latest: Democrats question T-Mobile-Sprint merger deal

Feb. 13, 2019 11:15 AM EST

WASHINGTON (AP) — The Latest on T-Mobile-Sprint merger hearing (all times local): 11:05 a.m. Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. The deal would combine the nation's third- and fourth-largest...

JAB seeks to buy controlling stake in CoverGirl maker Coty

Feb. 12, 2019 2:04 PM EST

NEW YORK (AP) — European conglomerate JAB Holdings is seeking a majority stake in Coty Inc., which makes CoverGirl, Max Factor and Hugo Boss brand cosmetics and fragrances. JAB is offering to buy up existing stock from shareholders at $11.65 per share, marking a 20 percent premium from its closing on...

Giants go younger so far under new executive Farhan Zaidi

Feb. 8, 2019 1:11 PM EST

SAN FRANCISCO (AP) — The San Francisco Giants have had a quiet offseason, aside of course from acquiring new president of baseball operations Farhan Zaidi from the rival and six-time defending division champion Dodgers and challenging him with getting this franchise back into contention. Or, as Zaidi...

BB&T, SunTrust merge to create nation's 6th largest bank

Feb. 7, 2019 12:40 PM EST

NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail bank in...

Spotify takes a big jump into the podcasting game

Feb. 6, 2019 9:54 PM EST

NEW YORK (AP) — Spotify is making a bigger bet on podcasts as it looks to bring a Netflix-like model of original programs to the audio world. The music-streaming pioneer gobbled up two podcasting companies, Gimlet and Anchor, on Wednesday. Although streaming is becoming an increasingly popular way to...

EU nixes deal to create rail giant able to stand up to China

Feb. 6, 2019 11:30 AM EST

BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing economic...

French finance minister says EU authorities have rejected a merger of the rail businesses of Siemens and Alstom

Feb. 6, 2019 3:29 AM EST
PARIS (AP) — French finance minister says EU authorities have rejected a merger of the rail businesses of Siemens and Alstom.

2 Texas not-for-profit health care providers call off merger

Feb. 5, 2019 12:20 PM EST

HOUSTON (AP) — Two major not-for-profit health care providers in Texas have canceled plans to merge. A statement Tuesday from Baylor Scott & White Health and Memorial Hermann Health System says the merger is off. Specifics weren't released. The statement says both companies are capable of achieving...