Tag Archive: Bank of America Merrill Lynch

A EUROPEAN FUND MANAGEMENT POWERHOUSE: SANTANDER AND UNICREDIT COMBINE THEIR ASSET MANAGEMENT UNITS

by

Banco Santander will combine its asset management arm with Pioneer Investments, a unit of Unicredit. The combined company will manage $429 bn in assets. This deal follows the recent trend in the M&A… Continue reading

A SUBPRIME RENAISSANCE: CITIGROUP SELLS ONEMAIN TO SPRINGLEAF

by

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

GLAXOSMITHKLINE & NOVARTIS SWAP ASSTES WORTH £11BN

by

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

ACTAVIS ACQUIRES BOTOX-MAKER ALLERGAN FOR $66BN

by

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

BIG OIL M&A IS BACK. HALLIBURTON – BAKER HUGHES

by

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