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Metanor Has New Big Shareholders
Article By:
Simple Digressions
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Monday, April 10, 2017 5:54 PM EDT
Most recently Metanor Resources completed a public placement with Eric Sprott acquiring a substantial stake in the company.
Swift Transportation Co. And Knight Transportation To Merge Into $5 Billion Trucking Behemoth
Article By:
Lorimer Wilson
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Monday, April 10, 2017 2:14 PM EDT
Trucking giants Swift Transportation Co (NYSE:SWFT) and Knight Transportation (NYSE:KNX) have agreed to merge in a deal that will create a $5 billion trucking behemoth.
AT&T Inc. Pays Massive Premium To Acquire Straight Path Communications Inc
Article By:
Lorimer Wilson
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Monday, April 10, 2017 10:15 AM EDT
AT&T Inc. has agreed to acquire Straight Path Communications Inc. for $1.6 billion which represents a massive 162% premium over the stock’s Friday closing price of $36.48.
Ebay Selling Ebay-India To India's Flipkart & Investing $500 Million In It
Article By:
Lorimer Wilson
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Monday, April 10, 2017 9:23 AM EDT
eBay Inc. is investing $500 million in India’s Flipkart and, in exchange, eBay will also sell eBay.in — its Indian-focused variant — to Flipkart, which will then own and operate the site.
In this article: EBAY
Naked Brands: An Interview With CEO Carole Hochman
Article By:
Kate Hayden
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Monday, April 10, 2017 8:42 AM EDT
Naked Brand Group has announced its intentions to merge with Bendon Ltd. The synergies are clear. We got a chance to interview Naked's CEO about the company's past, present and future.
In this article: NAKD
10 Things Investors Should Know About Corporate Mergers
Article By:
Lorimer Wilson
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Saturday, April 8, 2017 6:46 PM EDT
Company executives use buzzwords like "synergies" and "profit acceleration" to tout the virtues of an acquisition but what do these mergers mean for shareholders? Here are some key things you need to know about corporate buying and selling.
Takeda Pharmaceutical Company Continues Global R&D Reboot, Enters JV With PRA Health
Article By:
Lorimer Wilson
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Friday, April 7, 2017 7:48 PM EDT
PRA Health Sciences (NASDAQ:PRAH) has entered into a joint venture with Takeda Pharmaceutical Company Limited to further globalize Takeda’s development business in Japan.
Novartis Finds Its Next Mass-Market Ophthalmology Drug Candidate At A Small Virtual Biotech With A Global View
Article By:
Lorimer Wilson
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Friday, April 7, 2017 3:10 AM EDT
Novartis and Lubris BioPharma, a tiny, privately-held biotech developing a treatment for dry eye announced a deal on Thursday in which Novartis' total payments have the potential to surpass $1 billion if the drug hits the market.
In this article: NVS
Sunoco Selling 1,108 Of Its Convenience Stores & Petrol Stations To 7-Eleven Inc. For $3.3 Billion
Article By:
Lorimer Wilson
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Thursday, April 6, 2017 10:40 AM EDT
The deal will be the biggest by 7-Eleven Inc., known for its "Slurpee" frozen beverage. Most recently, 7-Eleven Inc. acquired 79 stores in California and Wyoming from CST Brands Inc. in July.
Panera Bread Co. Has Been Sold For $7.5 Billion To JAB Holdings
Article By:
Lorimer Wilson
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Wednesday, April 5, 2017 3:40 PM EDT
JAB Holdings has purchased Panera Bread Co. for about $7.5 billion. The $315 per share buyout price represents a 20% premium over PNRA’s Friday closing price around $262.
In this article: PNRA
Shorts Crushed After JAB Acquires Panera In Largest Ever US Restaurant Deal
Article By:
Tyler Durden
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Wednesday, April 5, 2017 8:03 AM EDT
Luxembourg-based JAB Holdings, the acquisitive owner of Caribou Coffee, Peet's Coffee & Tea and Krispy Kreme, confirmed swirling speculation this morning announcing it would acquire U.S. bakery chain Panera Bread for $315/share - a 20% premium.
In this article: PNRA
Sucampo Pharmaceuticals, Inc. Buying Rare Disease Player "Vtesse" For $200M
Article By:
Lorimer Wilson
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Monday, April 3, 2017 1:22 PM EDT
Sucampo Pharmaceuticals is buying Vtesse for $200 million. In doing so, Sucampo is picking up a late-stage asset, VTS-270, now in a global pivotal trial, with a readout expected in mid-2018. Sucampo is confidently projecting a market launch in 2019.
In this article: SCMP