Markets

Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC

Pershing Square Tontine is looking at employee-owned and family-controlled businesses as potential targets for a merger, Bill Ackman said in an interview with investor Whitney Tilson. The billionaire investor previously indicated his special-purpose acquisition company, or SPAC, was eyeing “mature unicorns” and “high-quality, venture-backed businesses” as takeover targets. Ackman added […]
Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC
Markets

Warren Buffett is waiting to deploy a $137 billion cash pile for a future mega-deal. Here are Berkshire Hathaway’s 10 biggest acquisitions so far.

Warren Buffett’s Berkshire Hathaway hasn’t closed a major takeover since 2016, and the holding company’s ammunition for such a deal is building up. Berkshire has $US137 billion to deploy for its next deal, and precedent shows Buffett shelling out tens of billions of dollars for his biggest acquisitions. Here are […]
Warren Buffett is waiting to deploy a $137 billion cash pile for a future mega-deal. Here are Berkshire Hathaway’s 10 biggest acquisitions so far.
Markets

Global M&A plunges to 11-year low as coronavirus fears discourage deals

Coronavirus fears drove global mergers and acquisitions to their lowest level since the financial crisis last week. Worldwide transactions totaled $US12.5 billion, the smallest weekly value since April 2009 per Refinitiv data. The value of global deals dropped 28% to below $US700 million in the first quarter, marking the worst […]
Global M&A plunges to 11-year low as coronavirus fears discourage deals
Tech

T-Mobile and Sprint just got approval from a federal judge for a merger

The potential merger of T-Mobile and Sprint passed a major hurdle on Tuesday when a US District Judge ruled in favour of the merger. The merger was getting pushed back by several State Attorneys General who claimed that a merger between T-Mobile and Sprint would stifle competition and lead to […]
T-Mobile and Sprint just got approval from a federal judge for a merger
Tech

Newly released documents show T-Mobile considered a merger with the media giant Comcast, in addition to its merger with Sprint, in a plan to create one of the biggest companies in the world

T-Mobile’s planned merger with Sprint faces ongoing scrutiny from federal regulators, and the “Un-carrier” is reportedly renegotiating terms of the deal. T-Mobile has been working on a merger with Sprint for several years, but that’s not its only step in its plan to become one of the biggest companies in […]
Newly released documents show T-Mobile considered a merger with the media giant Comcast, in addition to its merger with Sprint, in a plan to create one of the biggest companies in the world
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