M&A News

The potential merger between US automakers Chrysler and General Motors (GM) is believed to be on hold until after the US presidential election, as both parties wait to see if a new... 2008-11-03

The ongoing saga of Hexion Specialty Chemicals buyout of one of the world's largest chemical companies, Huntsman, took a new turn on October 2 when Hexion sued units of Credit Suisse... 2008-10-31

On October 5th PNC Financial Services, backed by US$7.7bn from the Treasury Department's US$250bn Troubled Asset Relief Program (TARP), announced that it was acquiring embattled bank... 2008-10-30

On October 27 leading healthcare-solutions provider API Software confirmed that it had agreed to be acquired by technology-focused private equity firm Francisco Partners, for an undisclosed... 2008-10-30

On October 28, the Baltic Dry Index, which tracks the price of moving raw materials by sea, dropped below 1000 for the first time in six years, down from a peak of 11,793. Not only... 2008-10-30

On October 27, amid deteriorating financial markets and the escalating costs of capital, Borealis Infrastructure Management cut its CAD1.5bn (US$1.21bn) takeover bid for Teranet Income... 2008-10-29

Ticketmaster, the US' largest ticket broker, has agreed to pay US$123mn in cash for a controlling stake in Front Line Entertainment. The company will purchase the stake from Warner... 2008-10-28

In a sign that the US telecoms market could be headed for further consolidation, regional telecoms operator CenturyTel has acquired larger rival Embarq at a cost of US$5.8bn in... 2008-10-28

Wall Street's Depository Trust and Clearing Corp have agreed to pay EUR739mn (US$951mn) for London's LCH.Clearnet Group. The merger will combine the US processors of trades in stocks,... 2008-10-23

As the economic slowdown and falling consumer spending cuts a swathe through the US auto industry, Japanese press has reported that US giant Ford will sell up to 5% of its Mazda Motor... 2008-10-23