Markets

These are the 5 largest mega-mergers so far in 2019

Merger and acquisition volume slowed significantly in the third quarter of 2019, while the average deal size has swelled this year, according to new data from Mergermarket. Despite the slowdown last quarter, there still have been several massive deals inked this year set to reshape industries including defence and pharmaceuticals. […]
These are the 5 largest mega-mergers so far in 2019
Markets

Global M&A activity tumbles to 3-year low as Trump’s trade war rages

Global mergers and acquisitions totaled $US729 billion in the third quarter of 2019, falling 16% from the same period last year and hitting the lowest quarterly volume since 2016 , according to data compiled by Refinitiv. Dealmaking in the US fell even further, tumbling 40% from last year to $US246 […]
Global M&A activity tumbles to 3-year low as Trump’s trade war rages
Markets

$32 billion money manager Angelo Gordon told investors its ‘Super Fund’ is up slightly for the year after big bets on Puerto Rican debt and Toshiba

Angelo Gordon’s $US1.9 billion multi-strategy hedge fund, known as the Super Fund, has returned 3.4% through April, but a letter to investor says the firm has lost two portfolio managers that started the firm’s liquid credit strategy. Michael Liebman and John Rudic resigned from the manager this quarter, the letter […]
$32 billion money manager Angelo Gordon told investors its ‘Super Fund’ is up slightly for the year after big bets on Puerto Rican debt and Toshiba