Mergers and Acquisitions
Mergers
Jim Cramer says three tie-ups, including the potential deal between T-Mobile and Sprint, justified his bullishness in a red-hot market.
The latest negotiations come after Reuters reported earlier this year that Japan's SoftBank was prepared to give up control of Sprint to clinch a merger with T-Mobile, and only retain a minority stake in the combined company. Sprint and T-Mobile, which is controlled by Germany's Deutsche Telekom AG, are still weeks away from an agreement, and have not settled on...
ZURICH, Sept 19- The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake that makes it the biggest shareholder in the Swiss chemicals maker. In a letter to Clariant's board of directors, White Tale Holdings, a vehicle created by investor Keith Meister's Corvex hedge fund and New York's 40 North,...
Japan's SoftBank Group Corp, which owns a majority stake in Sprint, and T-Mobile parent Deutsche Telekom have been in frequent conversations about a stock-for-stock merger, CNBC reported. While T-Mobile Chief Executive John Legere is expected to lead any combination that results from a merger, SoftBank Chief Executive Masayoshi Son has made it clear he...
Sept 19- U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported, citing sources. Japan's SoftBank Group Corp, which owns a majority stake in Sprint, and T-Mobile parent Deutsche Telekom have been in frequent conversations about a stock-for-stock merger, CNBC reported. While T-Mobile Chief Executive John Legere...
Sept 19- U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported, citing sources.
CNBC's David Faber reports the two wireless companies are in active talks about a possible merger.
ZURICH, Sept 19- The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemicals maker, making it the company's biggest shareholder. In a letter to Clariant's board of directors, White Tale Holdings, a vehicle created by investor Keith Meister's Corvex hedge fund and New York's 40...
ZURICH, Sept 19- The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemical maker, making it the company's biggest shareholder. In a letter to Clariant's board of directors, White Tale Holdings, the vehicle created by investor Keith Meister's Corvex hedge fund and New York's 40...
The rise of Amazon Prime booze is yet another shoe that's yet to drop for the start-ups that compete with Amazon.
Jim Cramer reveals how the market may be fibbing when it comes to some big time data.
Jim Cramer reveals how the market may be fibbing when it comes to some big time data.
Jim Cramer cuts to the core of the market's reaction to Entercom merging with CBS Radio and explains why it may have been mistaken.
Jim Cramer cuts to the core of the market's reaction to Entercom merging with CBS Radio and explains why it may have been mistaken.
Jim Cramer cuts to the core of the market's reaction to Entercom merging with CBS Radio and explains why it may have been mistaken.
ZURICH, Sept 15- Specialty chemicals maker Clariant's proposed merger with U.S.-based Huntsman may catapult the combined company into Switzerland's blue-chip Swiss Market Index, lifting its appeal for funds focusing on the largest Swiss companies. If the transaction succeeds, HuntsmanClariant- with a market capitalisation of about $15 billion- could not...
Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee's antitrust panel, introduced a bill on Thursday that would make it easier for the government to stop mergers and another that would raise fees that companies pay for merger reviews. One bill would lessen the burden on the Justice Department and Federal Trade Commission, which review...
*Frankfurt prosecutors had offered deal to settle case. BERLIN/ FRANKFURT, Sept 14- Deutsche Boerse has agreed to pay fines totalling $12.5 million in a bid to draw a line under allegations of insider trading over share purchases by its chief executive Carsten Kengeter. In July, the German exchange operator said that the Frankfurt prosecutor had offered a deal to...
*Frankfurt prosecutors had offered deal to settle case. BERLIN/ FRANKFURT, Sept 14- Deutsche Boerse has agreed to pay fines totalling $12.5 million in a bid to draw a line under allegations of insider trading over share purchases by its chief executive Carsten Kengeter. In July, the German exchange operator said that the Frankfurt prosecutor had offered a deal to...
Dow and DuPont will split into three companies focusing on agriculture, specialty chemicals and materials, but some investors including Nelson Peltz's Trian Partners and Daniel Loeb's Third Point LLC urged the companies to take another look at the way business units are aligned. DowDuPont's shares rose 2.5 percent on the New York Stock Exchange in...
