Latest Mergers and acquisitions News

FILE - In this May 16, 2019, file photo, Salesforce chairman Marc Benioff speaks during a news conference, in Indianapolis. In a deal announced Tuesday, Dec. 1, 2020, business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. (AP Photo/Darron Cummings, File)

Salesforce buying work-chat service Slack for $27.7 billion

Dec. 1, 2020 7:31 PM EST

SAN RAMON, Calif. (AP) — Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. The acquisition announced Tuesday is by far the largest in the...

FILE - In this April 28, 2016 file photo, S&P Global CEO Douglas Peterson poses for photos on the floor of the New York Stock Exchange, after ringing the opening bell. S&P Global is buying IHS Markit in a $44 billion all-stock deal that brings together two of the largest data providers to Wall Street. Peterson will hold his title at the combined company. (AP Photo/Richard Drew, File)

Data is king on Wall Street; 2 providers join in $44B deal

Nov. 30, 2020 9:48 AM EST

The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year. S&P Global announced that it would acquire IHS Markit, based in...

European Executive Vice- President Margrethe Vestager speaks during a media conference regarding an antitrust case at EU headquarters in Brussels, Thursday, Nov. 26, 2020. The European Union has fined two pharmaceutical companies for colluding to keep a cheap alternative to a sleep disorder medicine off the market for their profit and at the expense of patients. (Johanna Geron, Pool via AP)

EU fines drug makers for keeping cheap medicine off market

Nov. 26, 2020 9:23 AM EST

BRUSSELS (AP) — The European Union has fined two pharmaceutical companies for colluding to keep a cheap alternative to a sleep disorder medicine off the market for their profit and at the expense of patients. EU antitrust commissioner, Margrethe Vestager, said that Teva pharmaceuticals and Cephalon, a...

FILE - In this April 23, 2020 file photo, Lebanese riot police stand guard in front the central bank building, where the anti-government protesters protest against the Lebanese central bank's governor Riad Salameh and the deepening financial crisis, in Beirut, Lebanon. A New-York-based company that was contracted by Lebanon's government to conduct a forensic audit of the country's central bank has decided to pull out of the deal because it was not able to acquire needed information and documents, Lebanese outgoing finance minister said Friday, Nov. 20, 2020. (AP Photo/Hussein Malla, File)

NY-based company pulls out of Lebanon bank's forensic audit

Nov. 20, 2020 11:24 AM EST

BEIRUT (AP) — A New-York-based company contracted by the Lebanese government to conduct a forensic audit of the country’s central bank has decided to pull out of the deal because it was not able to acquire requested information and documents, Lebanon's outgoing finance minister said Friday. The...

This Oct. 1, 2020, photo shows the exterior of Bally's casino in Atlantic City, N.J. On Nov. 4, 2020, officials with Twin River Worldwide Holdings, a Rhode Island firm that's buying Bally's for $25 million, said they can make it

Bally's buys sports betting tech company, closes AC purchase

Nov. 19, 2020 11:51 AM EST

ATLANTIC CITY, N.J. (AP) — Bally's Corp. has purchased a sports betting technology company for $125 million and has finalized the purchase of a casino in Atlantic City. The transactions, both announced Wednesday night, give the Rhode Island company formerly known as Twin River Worldwide Holdings a solid...

UK insurance firm RSA agrees to $9.4 billion takeover offer

Nov. 18, 2020 5:52 AM EST

LONDON (AP) — RSA Insurance, one of the U.K.'s oldest insurance companies, agreed Wednesday to a takeover by Canadian and Danish buyers in a cash deal that values it at 7.2 billion pounds ($9.4 billion). Canada’s Intact Financial Corp. and Denmark's Tryg said their offer of 685 pence per share...

Korean Air to acquire Asiana Airlines for $1.62 billion

Nov. 16, 2020 2:25 PM EST

Korean Air says it will acquire Asiana Airlines for $1.62 billion in a major restructuring of the Korean aviation market as the global coronavirus pandemic batters the industry worldwide. To help finance the deal, Korean Air plans to sell up to $2.25 billion worth of shares early next year. Its parent company,...

FILE - In this April 3, 2020 file photo, a Home Depot customer pushes a cart loaded with supplies in New York. Home Depot is buying HD Supply Co.,  a distributor of maintenance, repair and operations products in the multifamily and hospitality end markets, in a deal valued at about $8 billion. The transaction is expected to close during Home Depot's fiscal fourth quarter. (AP Photo/Mark Lennihan, File)

Home Depot reunites with HD Supply in deal valued at $8B

Nov. 16, 2020 11:22 AM EST

Home Depot is reuniting with former subsidiary HD Supply, buying the company in a deal valued at about $8 billion. The acquisition will give Home Depot a stronger hand in the contractor and professional side of its business, which is booming during the pandemic, just like its more consumer facing, DIY sales. HD...

After price cut, Simon and Taubman aim to ring up mall deal

Nov. 15, 2020 7:46 PM EST

Simon Property Group, the nation's biggest mall owner, has negotiated a lower price to purchase a controlling interest in Taubman Centers in a deal that was nearly killed by the coronavirus pandemic. The companies said Sunday that Simon will pay $43 per share for Taubman, down 18% from the price of $52.50 when...

Jaws Acquisition targets primary care with Cano Health deal

Nov. 12, 2020 12:08 PM EST

Primary care provider Cano Health will receive a nearly $1.5 billion infusion as investors push deeper into a growing form of care delivered to Medicare Advantage patients. The privately held Miami-based company said Thursday that it will merge with a publicly traded special purpose acquisition company, Jaws...