After a $1 trillion river of capital flowed out of China during 2015, the government has been working furiously to avert a flood. There was a clampdown on offshore purchases of insurance policies, and restrictions on...
Vivint Solar Seeks Financing After Canceling SunEdison Deal
Vivint Solar Inc. is seeking to raise “substantial†amounts of cash after its canceled acquisition by SunEdison Inc. hindered the company’s operations. Vivint had $92.2 million in cash and equivalents on hand as...
Starwood Hotels Gets Unsolicited $13 Billion Takeover Approach
Starwood Hotels & Resorts Worldwide Inc. received an unsolicited takeover proposal from a group of investors led by China’s Anbang Insurance Group Co., potentially upending a deal with Marriott International Inc...
New Wave of Corporate Restructuring Drives M&A in Latin America
A new wave of debt restructuring all over Latin America is poised to drive dealmaking as many companies find no other way to obtain cash. “Most of the transactions out there require credit and, whether you are an...
Intel Mulls Sale of $1 Billion Venture Capital Portfolio
Intel Corp., one of the world’s largest makers of computer components, is planning to sell part of its venture capital unit, assets that could be worth as much as $1 billion, said people familiar with the matter. The...
Utility Westar Energy Said to Mull Options Including Sale
Westar Energy Inc., the biggest electric utility in Kansas, is in the early stages of exploring strategic options that could lead to a sale, according to people familiar with the matter, amid consolidation in the U.S...
AMC Merger Pushback
The No. 1 priority for a public company is to act in the best interest of its owners. But what happens when the board and shareholders disagree on what that means? This is the pickle Carmike Cinemas is in. The movie...
Staples Says Office Depot Deal Is Dead If Judge OKs Injunction
Staples Inc. will walk away from its yearlong effort to purchase Office Depot Inc. if a judge grants a preliminary injunction from the U.S. Federal Trade Commission, which is seeking to block the deal. The injunction...
Steinhoff Makes $924 Million Proposal to Win Darty From Fnac
Steinhoff International Holdings NV Group made an unsolicited, 662-million-pound ($924 million) proposal to buy French electronics retailer Darty Plc, the second time in less than a month that it’s sought to break up...
Take Me to Church & Dwight
Merger in aisle five? Church & Dwight may be emerging as the industry’s next deal candidate. The $12 billion consumer-products company makes drug-store and supermarket staples ranging from Arm & Hammer...
Cote’s Elephant Gun Signals Honeywell Appetite for Megadeals
Honeywell International Inc. Chief Executive Officer Dave Cote said three years ago that he gets queasy thinking about acquisitions of more than $1 billion. Now, it’s his investors who may be getting uncomfortable...
Glencore Considers Buying Anglo Stake in Colombia Coal Mine
Glencore Plc may increase its stake in Colombia’s largest coal mine, Cerrejon, if Anglo American Plc carries out recently announced plans to sell its one-third interest. Both Glencore and joint-owner BHP Billiton Ltd...
