Mergers & Acquisitions

Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X

There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.


Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin

The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July...

US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition

US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion...

4 Paramount Board Members to Step Down as Skydance Merger Talks Heat Up

Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up...


Latest News

New York City Approves Time Warner Cable Acquisition, Arises Concerns
In a Wednesday's public meeting, Franchise and Concession Review Committee of New York City approve the acquisition. The merger will create the second-largest cable operator in the United States, whic
Nasdaq to acquire International Securities Exchange for $1.1bln
Nasdaq will acquire International Securities Exchange (ISE) for $1.1 billion from Germany's Deutsche Börse. The acquisition transaction is expected to close by end of 2016 year.
Exxon's Canadian unit offloads gas stations for $2.1 bln
Exxon Mobil Corp's Canadian unit is selling its retail gas stations in the country to five fuel distributors for C$2.8 billion ($2.1 billion). The transaction is expected to be completed by end of 201
AMC Entertainment Will Acquire Carmike Cinemas Despite Shareholder's Objection
AMC Entertainment will acquire Carmike Cinemas to be the largest theater chain in North America. One Carmike's shareholder opposed the acquisition, citing the price offer was too low.
Intercontinental Exchange Prepare a Bid for London Stock Exchange Against Deutsche Boerse
Owner of New York Stock Exchange, Intercontinental Exchange prepare its bidding on London Stock Exchange. The bid came in the midst of merger talk between London Stock Exchange and Deutsche Boerse.
Imperial Oil to sell Esso brand gas stations to Canadian distributors
Imperial Oil has entered into an agreement to sell its 497 Esso retail fuel stations for about C$2.8 billion. This transaction reflects the company's aim to widen its refining and oil sands businesses
It's Over For Sanofi and Merck European Joint Vaccines Venture
Drug makers Sanofi and Merck & Co. will part ways by the end of the year sealing their partnership for the European vaccines joint venture. Sales has been declining and both companies agreed it is bet
Egyptian Billionaire Naguib Sawiris Will Finalize Acquisition of CI Capital Holding by the End of March
The acquisition will create a second largest investment bank in Egypt. Sawiris acquired CI Capital Holding with its investment arm, Orascom Telecom Media and Technology.
Samsonite to Acquire Luggage Competitor Tumi for $1.8 Billion
It was agreed that Samsonite is to acquire luggage-manufacturer rival Tumi for about $1.8 billion. Samsonite has long been interested in Tumi and its acquisition is considered the biggest deal made by
Cisco Acquired Leaba Semiconductor For Less Than $400 Million
Cisco has acquired Leaba Semiconductor, an Israeli company for less than $400 million. The acquired company provides new ideas and solutions for important infrastructure difficulties. It focuses on t
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