Keywords: Mergers and acquisitions


Germany considers last-resort plan to block Italian bid for Commerzbank

Germany is considering a last-resort strategy to prevent an attempted takeover of Commerzbank by Italy’s UniCredit, as concerns grow over the potential loss of control of a key financial institution. According to sources familiar with the matter, officials in Berlin are discussing whether to increase......

Thyssenkrupp pauses steel unit sale talks with Jindal

Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......

Mercedes inks deal with BNP to sell leasing business

Mercedes-Benz has finalized an agreement to sell its leasing subsidiary Athlon to French banking group BNP Paribas, marking a strategic move to streamline its financial operations and strengthen liquidity. The German automotive manufacturer confirmed that the transaction was signed in April and is expected......

Citi appoints Barclays’ James Potts to lead shareholder advisory unit

Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......

Eqt relaunches sale of ginko with billion-dollar valuation target

Global investment firm EQT AB has resumed efforts to sell the mainland China operations of contact lens manufacturer Ginko International, with a target valuation of at least $1 billion, according to sources familiar with the matter. The move comes after a previous agreement to sell the business to U.S.-based......

Bank of America strengthens technology banking team with four senior hires

Bank of America is reinforcing its presence in the technology dealmaking market by recruiting four experienced bankers from major financial institutions, according to internal communications reviewed by media outlets. The move reflects the bank’s broader strategy to expand its influence in technology-related......

EBRD invests $25 million in Dislog Group to bolster Moroccan economy

The European Bank for Reconstruction and Development (EBRD) has announced a significant $25 million equity investment aimed at supporting Dislog Group in Morocco. This strategic financing initiative seeks to fortify the company’s capital structure while advancing its mergers and acquisitions strategy,......

French Banks' African Exodus Fuels Competition, Unleashes Growth for Local Lenders

In a landscape-shifting move, major French banks are withdrawing from their long-standing presence in African markets, creating new competition and opening doors for local and regional lenders. This trend, outlined in a recent Fitch Ratings report, signals a significant transformation in the African......