Viacom Inc. Chief Executive Officer Bob Bakish discusses the $340 million acquisition of Pluto TV, content distribution strategy, and progress in talks about a merger with CBS Corp. He speaks with Bloomberg’s...
Here’s Why Bristol-Myers Needs a $74 Billion Shot in the Arm
Bristol-Myers Squibb Co.’s impending $74 billion acquisition of biotechnology giant Celgene Inc. makes it easy to overlook something as relatively prosaic as the firm’s fourth-quarter earnings results Thursday. They...
Goldman Set to Lead M&A for 2018 After Buyout Firms Lift Business
Boutique banks climbed the ranks of the world’s leading merger advisers, while Deutsche Bank AG dropped out of the top 10. But for all of the shuffling, familiar names remained at the head of the pack. Goldman Sachs...
Taiwan’s Overbanked Market Is Trying to Consolidate. Again
Regulators in Taiwan are taking another shot at consolidating a fractured financial system that’s scaring off foreign investors. The island’s authorities last month made it easier for lenders to merge, part of a long...
Citic Securities to Acquire Local Rival in Expansion Push
Citic Securities Co. signed a preliminary agreement to buy smaller rival Guangzhou Securities, the latest in a series of acquisitions by China’s largest brokerage. Citic Securities plans to fund the purchase by issuing...
U.S.-Thai Billionaire Expands Hotel Empire to Tap Chinese Boom
Billionaire William Heinecke is on the lookout for further takeovers after more than tripling the number of hotels his Minor International Pcl controls through the acquisition of Spain’s NH Hotel Group. Heinecke, a U.S...
Bayer Weighs Selling Its Vet Unit in Post-Monsanto Revamp
Bayer AG is considering a sale of its animal-health business as it scrutinizes its portfolio in the aftermath of the $63 billion Monsanto Co. acquisition, people familiar with the company’s plans said. Bayer is...
Aryzta’s Main Shareholder Cobas Opposes Share-Sale Plan
Aryzta AG faced a call from its largest shareholder to abandon its plans to sell as much as 800 million euros ($929 million) of stock after the struggling Swiss maker of McDonald’s buns forecast its first earnings...
Casino to Sell Monoprix Stores’ Real Estate for $655 Million
Casino Guichard-Perrachon SA agreed to sell the real estate underlying 55 of its Monoprix stores for 565 million euros ($655 million), giving the French retailer a much-needed infusion of cash as short sellers circle...
Hedge Fund Backed by California Teachers Makes Bet on Papa John’s
Legion Partners, a hedge fund that was seeded by the California State Teachers’ Retirement System, now controls more than 5 percent of the struggling pizza chain Papa John’s, according to a filing on Monday. Key...
United Technologies Wins U.S. Antitrust Nod for Rockwell
United Technologies Corp. won U.S. antitrust approval for its acquisition of Rockwell Collins Inc. to create an aircraft-parts giant. The Justice Department signed off on the $23 billion deal after the companies agreed...
Mauritian Insurer Plans Acquisitions to Boost Africa Footprint
MUA, a Mauritian insurer with operations in four East African countries, plans to acquire small operators to increase its market share on the continent, Chief Executive Officer Bertrand Casteres said. Expanding in fast...
