The new Rio Tinto Group chief’s approach to navigating the downturn in the mining industry is simple: Keep calm and carry on. That’s the mantra 44-year-old Jean-Sebastien Jacques plans to adopt after just taking over as...
Hitachi Zosen Eyes M&A to Beef Up Energy-From-Waste Business
Hitachi Zosen Corp., a Japanese builder of plants and bridges, is pursuing mergers and acquisitions as it seeks to strengthen its waste-to-energy plant business and expand to South Asia and the Middle East. The Osaka...
Billionaire Wang’s Bid for Global Theater Behemoth Falters
AMC Entertainment Holdings Inc.’s $1.1 billion deal to acquire Carmike Cinemas Inc. is on the verge of collapse, a setback for Chinese billionaire Wang Jianlin’s plans to build the world’s largest movie theater chain...
Anthem-Cigna Meltdown Might Spark Deals for Smaller Health Plans
A breakup of Anthem Inc.’s $48 billion bid for Cigna Corp., under scrutiny by U.S. antitrust regulators, could spark new deals for smaller health plans in a continued wave of industry consolidation. Smaller insurers...
Lions Gate Said to Be in Advanced Talks to Acquire Starz
Lions Gate Entertainment Corp., the studio that produced “The Hunger Games” and “Mad Men,” is in advanced talks to acquire premium cable channel Starz, according to people with knowledge of the matter. A deal, which...
Four Charts That Show the State of M&A in 2016’s Choppy Markets
There’s little that companies on the hunt for mergers and acquisitions hate more than uncertainty, and the second quarter of 2016 had plenty of that. Deal volumes suffered as potential acquirers — and their...
Canada M&A Hits Brexit Roadblock After Roaring Start to 2016
Mergers and acquisitions involving Canadian firms slid in the second quarter as market volatility, the U.S. election, and the U.K.’s Brexit vote disrupted dealmaking, which reached a nine-year high of nearly $123...
Rising Number of Failed Deals May Discourage M&A, Goldman Says
Mergers and acquisitions may become a less attractive option after a record number of deals failed this year, according to analysts at Goldman Sachs Group Inc. Most at risk are so-called mega-mergers, valued at $10...
IHeartMedia Mulls Ending Debt Talks With Franklin-Led Group
IHeartMedia Inc. said it may break off negotiations on restructuring some of its $21 billion of debt after failing to reach an agreement with some of its creditors. The biggest owner of radio stations in the U.S...
M&A Premiums Hit Highest Multiple Since 2007 Despite Slowdown
The market for mergers and acquisitions may have slowed from 2015’s records, but that doesn’t mean those buyers that are willing to do deals can get a bargain. Deal premiums have reached the highest multiple in at least...
Abu Dhabi Bank Deal Said Likely to Be Merger, Not Takeover
Abu Dhabi’s planned merger of two of its largest banks is unlikely to be structured as a takeover of National Bank of Abu Dhabi PJSC by First Gulf Bank PJSC, according to people familiar with the matter. The emirate may...
Alphabet, Facebook Seen Acquiring More as Startup Valuations Sag
David Drummond has a simple explanation for why Alphabet Inc., one of the more acquisitive technology companies, has been sitting on its hands for more than a year. “Have you seen the valuations?” Drummond, the...
