Deals

Boeing

Boeing flexes its muscle to control supplier power

The $37B worth deal of Berkshire Hathaway Inc. with Precision Castparts Corporation, a major aircraft parts supplier of Boeing had encouraged more investors in the aircraft industry. However, Boeing had been delaying its suppliers' M&A contracts.

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Line Corp.

Naver Corp waits for better market conditions before deciding on IPO

Giant South Korean web portal operator Naver Corp is yet to decide on when put its messenger app unit Line Corp on Initial Public Offering (IPO) due to the present volatility of the market.

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Federal Reserve

First NBC and State Investors to extend merger agreement to December

First NBC Bank Holding Company and State Investors Bancorp, Inc. announced on August 27 that they will extend their merger agreement to December 31 this year.

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Wang Jianlin

Richest man in Asia acquires World Triathlon Brand for $650M

Wang Jianlin, head of Dalian Wanda Group, agreed to buy the Ironman Triathlon races organizer in a deal amounting to $650 milion. The deal was announced Thursday in a move for Asia's richest man to diversify his sports fortfolio. The developer also mentioned the possibility of another sports related purchase before the year ends.

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Antoine Rostand

Schlumberger announces merger offer with oilfield maker Cameron

Schlumberger had announced conclusive merger agreement with Cameron in which both companies shall combine in a stock and cash transaction. The agreement was unanimously confirmed by the boards of directors of both companies on Thursday.

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AOL

AOL buys web developer Ashe Avenue

AOL recently acquired Ashe Avenue, its second acquisition after being acquired by Verizon. AOL also acquired Velos, a predictive analytics startup group that they also almost immediately shut down.

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Soldiers

Oshkosh wins $6.75B defense contract to build Humvee replacement

The Pentagon has decided to dispose of its ancient Humvees with a new fleet of trucks for combat. They tested out prototypes from AM General LLC, Lockheed Martin Corp and Oshkosh Corp in January.

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Punch Taverns

Punch Taverns sells 158 pubs to NewRiver; Deal Closed at £53.5M

Punch Taverns decides to sell 158 of its pubs to NewRiver for an agreed sum of £53.5 million. The decision to sell off its non-core businesses is in line with their goal to take care of its accumulated debts.

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Oracle

Maxymiser acquisition to fortify Oracle Marketing Cloud

In a move that will strengthen the leadership of Oracle Marketing Cloud, Oracle (NYSE: ORCL) has acquired Maxymiser, a New York-based provider of cloud-based software for mobile marketing.

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NCAA Men's Basketball Tournament

Indiana University and Adidas Signs a $53.6M Deal

Adidas extended its contract with Indiana University for the next eight years, giving IU $6.7 million annually, which is twice the amount compared to their previous deal. The deal worth $53.6 million in total is good until 2024. The ten-year previous contract between IU and Adidas will end after this academic year.

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Disney-MGM Studios

Whatever happened to Disney and Maker Studios $500M big deal?

It's more than a year ago when Disney acquired popular YouTube network for $500 million yet it seems the deal was not really as big as it appeared to be. The deal includes an outstanding offer of another $450 million to Maker if the latter meets certain milestones.

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NBC Universal Inc.

BuzzFeed enters TV and film with the NBCUniversal deal

Online publication BuzzFeed announced on Tuesday that NBCUniversal agreed to invest $200M for the website to expand on movies and TV.

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KKR's Samson Resources

KKR's Samson Resources to File for Bankruptcy

KKR is about to lose its cash investment in Samson Resources worth $4.1 billion from its $7.2 billion buyout four years ago. The unexpected and prolonged downward move of oil and gas pushed Samson to file for Chapter 11.

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Warren Buffett

Warren Buffett buys aerospace supplier - his biggest acquisition ever

Billionaire investor Warren Buffett makes his biggest acquisition ever just a few weeks before his 85th birthday. For $37.2 billion, including debt, Buffett's Berkshire Hathaway has bought Precision Castparts Corp., a global manufacturer of aircraft and engine components.

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Sohaib Abbasi

Informatica closes deal to go private; Microsoft and Salesforce are strategic investors

Informatica, the enterprise software provider based in Redwood City and announced in April that it will be bought for $5.3 billion by Canada Pension Plan Investment Board and Permira Advisers.

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