The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.
Tags: Mergers and acquisitions
M&A Should Be a Growth Multiplier — Not an Operational Slowdown
In the fast-paced world of business, mergers and acquisitions (M&A) have become a common strategy for growth and expansion. However, the integration process following an acquisition can often be a major stumbling block, leading to operational slowdowns and missed opportunities. Enter Gotara.
James Hardie Industries Acquires AZEK Company in a Cash and Stock Deal Worth $8.75 Billion
Australia's James Hardie Industries is acquiring AZEK Company, which is based in the United States, in a deal worth $8.75 billion.
Dealmakers Anticipate Trump's Presidency to Boost Mergers and Acquisitions in 2025
Global M&A deal values hit $3.1 trillion in 2024, driven by low interest rates and post-pandemic recovery, with Trump's potential policies sparking both hope and uncertainty.
Payments Giant Stripe Acquires Lemon Squeezy for Undisclosed Amount
The payments company Lemon Squeezy announced that it has been acquired by competitor and industry giant Stripe for an undisclosed amount.
Latest News
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
Beverage companies who want to get a piece of the pie in the fast-growing instant coffee market in Asia will find that the best firm for a takeover would be Super Group Ltd, Bloomberg reported.
Monster Beverage Corp, an energy drinks maker, is still an ideal target for beverage companies like Coca-Cola Co seeking to augment its sales, Bloomberg reported.
Billionaire John Malone is building a cable empire once more as the firms he is backing have announced or are cooking up acquisitions amounting to more than $80 billion, Bloomberg reported.
According to a report by The New York Times, mergers are picking up activity as financial markets worldwide, including the US, are becoming stronger and more stable.
Popolare Vicenza Chairman Gianni Zonin told an Italian daily that Banca Popolare di Vicenza intends to grow its branches to a thousand from its current 690 through acquisitions.
During the financial crisis when the deal markets were quiet, banks parted ways with their senior investment bankers. Now that business has slowly revived, lenders are seeing that they are left with junior bankers that are a little wet behind the ears.
