Mergers and acquisitions news and stories by mail.com

November 29, 2018

Iran says it has added 2 mini submarines to its naval fleet

Iran's navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the ...

November 27, 2018

United Technologies is breaking into 3 independent companies

United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition ...

November 24, 2018

Black Friday and Cyber Monday are increasingly merging

The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday ...

November 21, 2018

As Ghosn heads for Nissan exit, Renault merger hopes fade

The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, ...

November 13, 2018

Binny Bansal out as CEO of Flipkart Group

The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as ...

November 12, 2018

MTV acquires SnowGlobe Music Festival

MTV is expanding its live events business in the U.S. by acquiring the SnowGlobe Music Festival. The three-day New Year's Eve ...

November 08, 2018

CommScope, getting ready for 5G, spends $5.7B for Arris

Telecommunications equipment maker CommScope is paying $5.7 billion for Arris International as it prepares for the entrance ...

November 08, 2018

Australian watchdog approves Nine network, Fairfax merger

Australia's competition watchdog on Thursday approved the proposed merger of television network Nine Entertainment and ...

October 29, 2018

IBM's $34B Red Hat deal is risky bid to boost cloud business

IBM's plan to buy Red Hat is both the biggest acquisition in IBM's century-long history and a risky effort to position itself ...

October 28, 2018

IBM set to acquire North Carolina-based Red Hat in $34B deal

IBM announced Sunday it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal ...

October 15, 2018

Defense contractors Harris, L3 Technologies to merge

Defense contractors Harris Corp. and L3 Technologies are combining to form one of the world's largest defense companies.

October 10, 2018

DOJ approves $69B CVS Health-Aetna merger, with conditions

The proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with ...

October 03, 2018

Atlantic City's Tropicana casino bought in $1.9B acquisition

Eldorado Resorts has completed its purchase of Atlantic City's Tropicana casino. The Press of Atlantic City reports the deal ...

September 27, 2018

Board reshuffle at Rite Aid after 2 failed merger attempts

After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is ...

September 25, 2018

Inspire Brands buys Sonic burger chain for $2.3 billion

Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire is paying $43.50 per share cash, or $2.

September 24, 2018

Singapore fines Uber, Grab for 'anti-competitive' merger

Singapore's competition watchdog has fined ride-hailing giant Uber and its regional rival Grab 13 million Singapore dollars ...

September 18, 2018

Tyson Foods CEO to step down for 'personal reasons'

Tyson Foods, one of the largest meat producers in the world, announced Monday that its president and CEO Tom Hayes will step ...

September 13, 2018

Eldorado gets temporary OK to own Tropicana casino

Eldorado Resorts was given temporary approval to own Atlantic City's Tropicana casino, expressing optimism about a growing ...

September 11, 2018

Germany's 2 main department store chains set to merge

Germany's two main department store chains are set to merge in a deal under which Canada-based Hudson's Bay Co. will form a ...