Chinese buyers keen to continue 2016’s rapid dealmaking under a Donald Trump presidency are being given one piece of advice: Wait and see. Bankers and lawyers are already counseling some Chinese clients to hit the pause...
Deutsche Bank Sees Mideast Deal Revival After ‘Subdued’ 2016
Deutsche Bank AG expects mergers and acquisitions to pick up in the Middle East and Africa next year after a “subdued” 2016, according to the head of the company in the region, Jamal Al Kishi. Deals and initial public...
Zombie Banks Stalk Africa With Mergers One Way to Limit Risk
Africa’s many small and under-capitalized banks, laden with bad debt, are inflicting more pain on already embattled economies. Regulators may have no choice but to force lenders to consolidate or close. A third of...
Tesla Shareholders Should Back SolarCity Merger, ISS Says
Tesla Motors Inc. got the blessing of advisory firm Institutional Shareholder Services on Friday for its proposed $2.3 billion acquisition of SolarCity Corp., giving shares of both companies a boost. Shareholders of...
M&A Boom Has a Dark Side
Ever felt so hungry, it wasn’t until after inhaling the entire sleeve of Oreos that you finally processed how much sugar and fat you just recklessly consumed? The titans of Corporate America may be right there...
CICC Set to Make Very Substantial Acquisition; Shares Halted
China International Capital Corp. said it was set to announce a “very substantial acquisition,” four months after the investment bank said it was talking with China Investment Securities Co. about a possible tie-up...
Gold’s Hottest Stock Sees Mergers Off the Cards as Prices Surge
The opportunity for mergers and acquisitions in gold mining has already passed as share prices surge, according to the head of the best-performing producer in the past decade. “It’s hard to see how M&A adds value to...
Gannett Terminates Talks to Buy Tronc
Gannett Co. dropped its $683 million bid for rival Tronc Inc. after financing fell through, ending a months-long pursuit that would have put some of the biggest U.S. newspapers under one roof. The companies’ handshake...
UBS Sees Middle East M&A Revival as Bank Leaps Up League Tables
UBS Group AG’s investment banking business is set to have its best year advising on Middle Eastern deals in at least a decade as the firm’s new strategy in the region pays off. The bank is ranked first as an adviser on...
Lazard Buys Remaining Stake in Latin America Advisory Venture
Lazard Ltd. bought the stake it didn’t already own in its Latin America advisory group, MBA Lazard, to take advantage of a more business-friendly environment and a surge in deals in countries such as Argentina. Lazard...
Rockwell Collins Bets on Smart Jets With $6.4 Billion Deal
Rockwell Collins Inc. is making its biggest-ever acquisition in a bet that airplanes will get smarter, as everything from lie-flat seats to toilet valves send live data to in-flight crews and maintenance workers. The $6...
JPMorgan Heralds M&A Bonanza as Companies Seek New Ways to Grow
As companies get more creative in their pursuit of growth, they’re increasingly looking outside their own immediate sector for targets, according to JPMorgan Chase & Co.’s head of M&A in North America. “People...