Springleaf Holdings Inc. set to buy Citigroup Inc’s OneMain Financial Holdings for $4.25bn in cash, forming the largest subprime lender in the United States. Citigroup’s strategy to sell its non-core operations and focus… Continue reading
Competitiveness The TMT industry (in a broad sense) is becoming more and more complex: From the demand side, emerging markets are asking for new services to be provided and developed countries are asking… Continue reading
The Deal In September 2014, the Italian Government issued a decree regarding the privatization of the state owned company RAI Way S.p.A. (from now on, RWay). The decree came after the decision to… Continue reading
The Kotak Mahindra Bank’s all-share acquisition of the mid-sized player ING Vysya has been agreed for at a value of 150 billion Rs, around $2.4 billion. Announced on November 20, 2014, the Kotak… Continue reading
Last week Samsung decided to sell shares in Samsung General Chemicals and Samsung Techwin for $1.72 billion dollars USD (all figures in USD). The deal was the first time that Samsung sold affiliates… Continue reading
The asset-swap between GlaxoSmithKline (NYSE: GSK) and Novartis (NYSE: NVS) will lead to stronger focus by both companies on their current core activities. The transaction sets a new framework for future complex deals,… Continue reading
Burger King Worldwide Inc. (NYSE: BKW) has announced on August 26, 2014, the acquisition of Tim Hortons Inc. (NYSE: THI) in a merger that will create the world’s third-largest quick service restaurant. The… Continue reading
The acquisition of Allergan Inc. (NYSE:AGN) by Actavis Plc. (NYSE:ACT) will lead to the creation of one of the biggest pharmaceutical companies in the world. The $66bn deal is expected to be closed… Continue reading
On November 17, 2014 Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) announced a definitive agreement under which Halliburton – the No.2 biggest oilfield services provider – is going to acquire… Continue reading
