Walmart digital chief Marc Lore has his sights set on Bonobos, Recode reports
During the first quarter, private equity firms paid a median multiple of 10.8 times EBITDA, according to a report this week.
The "Fast Money" traders weigh biotech stocks as the sector gears up for blockbuster drugs and possible mergers.
"Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline," Amazon chief Jeff Bezos writes.
TORONTO, April 11- Canada's benchmark stock index ended barely lower on Tuesday as financial stocks weighed, while a flight to safety helped gold miners and shares of Bombardier Inc jumped on reports it was discussing a merger of rail operations with Siemens. Gold prices jumped to a fresh five-month high and bond yields fell with geopolitical worries about...
TORONTO, April 11- Canada's main stock index slipped in morning trade on Tuesday as heavyweight energy and banking stocks weighed, while Bombardier Inc jumped on a report it is in talks to merge its train operations with those of Germany's Siemens AG. Bombardier shares gained 4.5 percent to C $2.32, their highest level in a month, after Bloomberg cited unnamed...
April 11- German industrial giant Siemens AG and Canada's Bombardier Inc are in talks to combine their train operations, which could be worth at least 10 billion euros, Bloomberg reported. The joint venture would team up the firms' train-making and signaling activities, Bloomberg said on Tuesday, citing people familiar with the matter....
TORONTO, April 11- Canada's main stock index was slightly lower in early trade on Tuesday, while Bombardier Inc rose on a Bloomberg report it and Siemens AG are in talks to combine their train operations. The Toronto Stock Exchange's S&P/TSX composite index was down 36.33 points, or 0.23 percent, at 15,694.46. Bombardier was up 4.1 percent at C $2.31.
April 11- Weight-control nutrition company Atkins Nutritional Holdings agreed on Tuesday to go public through a merger with blank-check company Conyers Park Acquisition Corp in a deal valuing the combined company at about $856 million. Atkins, owned by private equity firm Roark Capital Management LLC, and Conyers will combine under a holding company...
Swift Transportation and Knight Transportation announce plans to merge Monday in an all-stock deal.
Two of the largest U.S. trucking companies are combining in a stock swap, reports CNBC's Michelle Lee.
DUBAI, April 9- Abu Dhabis government-owned fund Mubadala will raise in excess of $1 billion with a dual-tranche dollar bond, banking sources close to the matter said on Sunday. Barclays, HSBC, Natixis, National Bank of Abu Dhabi, SMBC Nikko and Standard Chartered are the joint lead managers and bookrunners for the new deal. Mubadala is merging with Abu Dhabi- owned...
The SEC on Thursday said it won a court order freezing assets of Lawrence Cluff and Roger Shaoul, both of Richmond, after they generated more than $925,000 of gains on Mobileye shares and call options purchased in the month-and-a-half before the March 13 merger was announced. The SEC filed civil charges against Cluff and Shaoul nearly two weeks after charging...
NEW YORK, April 6- Vivendi SA said it agreed to pay $26.4 million to end nearly 15 years of U.S. litigation accusing the French media company of misleading shareholders about its finances in connection with a $46 billion three-way merger. A federal jury in Manhattan had in January 2010 found Vivendi liable for violating U.S. securities laws.
Edgy, unique serial content has become a point of competition as more TV viewership moves online.
Uber has considered ways to sell specific services to local governments, technology blog The Information reported.
The retailer last year called off a proposed merger with rival Office Depot due to antitrust concerns.
While there have been fewer M&A deals compared to this time last year, the overall value of those deals is greater, according to a Mergermarket report. CNBC’s Gemma Acton has more.
In light of a recent Mergermarket report, CNBC’s Gemma Acton comments on deal-making activity during the course of 2017’s first quarter.
Terms of Mayer's departure are still being worked through, Recode reports.