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Mergers & Acquisitions
WGA East Slams “Shameful” & “Draconian” CBS Broadcasting Layoffs
The WGA East issued a scathing statement Wednesday, slamming the latest round of Paramount layoffs that saw 12 of its members cut across CBS broadcasting divisions.
“These shameful layoffs are a blow to CBS’s already…
Nano Dimension Announces Acquisition of Markforged in $115 Million All-Cash Deal
Nano Dimension Ltd. (Nasdaq: NNDM) has entered into a definitive agreement to acquire Markforged Holding Corporation (NYSE: MKFG) in an all-cash transaction valued at approximately $115 million. Under the terms of the agreement, Nano…
The Policy Dragon Awakens As Mainland China & Hong Kong Rally
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Asian equities were mixed overnight as Mainland China outperformed and South Korea underperformed.
Hong Kong and Mainland China opened higher after yesterday’s monetary policy bazooka. Still, they faded across the…
PwC partners take pay cut as profits fall
The 1,036 UK partners at PwC received a share of profits averaging £862,000 for the year to the end of June, down from £906,000 in 2023, as Britain’s biggest auditor invested in the business. Total revenue, which includes the UK, Middle…
Alkeme Cooks Up Acquisition of Surry Insurance in North Carolina
Alkeme, a large insurance brokerage based in California, announced the acquisition of Surry Insurance, one of the oldest insurance agencies in Nouth Carolina.
Alkeme officials said in a statement that the move expands Alkeme’s…
The deals reshaping the bakery and snacks landscape
Despite challenges like inflation and supply chain disruptions, M&A continues to be an attractive growth strategy as companies seek to bolster their market share, enhance product offerings and drive operational efficiencies on a global…
Takeover target Commerzbank gets new CEO as UniCredit circles
Bettina Orlopp is to replace Manfred Knof 'in the near future'. The news comes days after Italian bank UniCredit revealed it had increased its stake in Commerzbank from around 9% to 21%, subject to regulatory approval.…
Instinctif Partners further strengthens its industry-leading position by appointing Ikram Al-Yacoub…
Al-Yacoub is a seasoned C-suite advisor in strategic and financial communications with a track-record of…
How DSV’s $15.9 Billion DB Schenker Acquisition Made It the Largest Freight Forwarder
In September 2024, Danish logistics giant DSV made headlines with its acquisition of DB Schenker, the logistics arm of Deutsche Bahn, in a deal valued at $15.9 billion. This monumental transaction positions DSV as the world’s…