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
Markets

The London Stock Exchange has a graveyard of past merger attempts. Here’s why the $27 billion Refinitiv deal may be a winning bet.

The London Stock Exchange is in advanced talks to buy Refinitiv, the financial-data company behind Eikon terminals, in a $US27 billion deal. The stock-exchange operator failed to merge with German rival Deutsche Boerse after regulators blocked the tie-up, citing competition concerns. While Deutsche boasts bigger profit margins, carries far less […]
The London Stock Exchange has a graveyard of past merger attempts. Here’s why the $27 billion Refinitiv deal may be a winning bet.