Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accusing Kroger of breach of contract. The suit came one day after...
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at...
Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That’s according to a report Monday (Dec. 9) by Bloomberg News, citing sources familiar with the matter. The takeover, assuming it proceeds, would create a mammoth food company with total...
Global mergers and acquisitions (M&A) activity is reportedly expected to slow in the fourth quarter due to uncertainty around the U.S. elections before picking up again in 2025. Companies are putting off large deals until after the elections, when a new administration will be selected...
April 02, 2024
2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22 billion. Global Payments added TSYS to its roster for nearly $22 billion. Much has happened […]
July 21, 2022
When overvalued companies deflate in a wave, as we’re seeing now, that’s either heralding bad times ahead or an oncoming era of growth, depending on whether you’re buyer or seller....
April 22, 2022
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end of the year, that could...
April 20, 2022
Mergers and acquisitions in the tech space have become a critical issue for regulators worldwide. Agencies probably feel that they have underenforced the law in the past. In an interview,...
December 19, 2024
President-elect Donald Trump spent decades branding himself as a dealmaker. Now, the world’s other dealmakers are hoping his return to the White House will lead to an uptick in “megamergers,” the Financial Times reported Thursday (Dec. 19). The global value of mergers and acquisitions (M&A) is up 11% this year, in contrast to 2022 when […]
December 11, 2024
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware...
December 11, 2024
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions...
December 09, 2024
Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That’s according to a report Monday (Dec. 9) by Bloomberg News, citing sources familiar with...
