Goldman Sachs Group Inc. is seeking buyers for its 49% stake in a Puerto Rico toll road concession that could value the asset at more than $2 billion, according to people familiar with the matter. Goldman is working...
Vista Considers Sale of Stake in $10 Billion Fintech Giant
Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said...
T-Mobile-Sprint Merger Gets Majority Support at FCC
T-Mobile US Inc.’s proposed merger with Sprint Corp. has received a third “yes” vote at the U.S. Federal Communications Commission, moving the deal toward agency approval in coming days, according to two people familiar...
Sainsbury-Asda Merger Competition Ruling Is Set for Thursday
The U.K.’s antitrust regulator will publish its final decision Thursday on J Sainsbury Plc’s 7.3 billion-pound ($9.4 billion) plan to buy Walmart Inc.’s Asda, after attaching harsher-than-expected conditions to the deal...
Viacom CEO Says ‘Absolutely Not’ on Need for CBS Deal
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...
