Mergers News Updates

GovernmentBusinessEquipment

Ancora-Backed CEO Candidate Proposes US Steel Overhaul

I want to have a stake in something that Im going to be involved in, Alan Kestenbaum said Jan. 27 in an interview. If I get the chance to run the show, Ill invest in myself.

January 27, 2025
BusinessLogisticsFor-HireTop 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Airs board will undertake a review of the asset-light transportation and logistics services providers strategic alternatives, including a sale of the company and other options.

January 8, 2025
BusinessFuel

Hess Confident of Arbitration Win Against Exxon

Exxons claim of right-of-first-refusal to Hess 30% stake in Guyanas Stabroek block is baseless and without merit, CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

January 7, 2025
GovernmentBusinessEquipmentSafety

Nippon Steel Offers Biden Veto Power to Win US Steel Deal

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese companys takeover of U.S. Steel would lead to a decline in American steel output.

January 2, 2025
BusinessEquipment

Nissan Shares Plunge as Honda Tie-Up Details Emerge

After initially soaring more than 60% since Dec. 17, a day before news of the deal broke, the stock tumbled on Dec. 27 as investor focus turned to the starting ratio for a Honda-Nissan tie-up.

December 30, 2024
GovernmentBusiness

Nippon Steels Growth Strategy Murky After Likely US Block

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.

December 16, 2024
GovernmentBusinessPrivateTop 100

Krogers $24.6 Billion Albertsons Deal Blocked by Judge

A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.

December 10, 2024
BusinessPrivateTop 100

Mondelezs Takeover of Hershey Would Rank as Top 2024 Deal

Snack-food giant Mondelez Internationals potential takeover of chocolate maker Hershey Co. would rank as the years top M&A deal.

December 10, 2024
BusinessTechnologyEquipmentLogistics

FreightVana Buys Brokerage Operations of Loadsmith

FreightVana believes the deal will boost its position in the power-only brokerage segment.Loadsmith provides power-only and standard freight brokerage.

December 9, 2024
GovernmentBusinessPrivateTop 100

Washington State Moves to Block Albertsons-Kroger Deal

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

September 16, 2024