Reuters hires Conchie as M&A correspondent in London
Reuters has hired Charlie Conchie to be a mergers and acquisitions correspondent in London. He will focus on financial services deal making, as well as other sectors across Europe, the Middle East and Africa, and equity capital markets. Conchie has been at CityAM for the last three years, including stints as City editor and chief City reporter. […]
CoStar makes offer for Australian company
CoStar, which operates a real estate news service in the United States, has offered $1.68 billion for Australia’s second-largest property advertiser, reports Stuart Condie of The Wall Street Journal. Condie reports, “CoStar, which operates U.S. portals including Homes.com, made a nonbinding all-cash proposal for Domain worth 4.20 Australian dollars, equivalent to about US$2.66, per share. […]
Axel Springer buys remaining stake in Morning Brew
Axel Springer announced Wednesday it has completed a financial transaction to increase its ownership position from majority shareholder in Morning Brew Inc. to sole owner. Terms were not disclosed. Morning Brew is on track to surpass $70 million in annual revenue in 2025. German-based Axel Springer, which also owns Business Insider, acquired a majority stake […]
Axios seeks an M&A reporter
Axios Pro Deals is the subscription service within Axios, a thriving, fast-growing media organization dedicated to providing trustworthy, award-winning news in an audience-first format. We’re hiring an M&A Reporter to showcase their expertise on this essential sector of the deals market. Why it Matters: Axios Pro Deals operates as a team of journalists focused on delivering […]
WSJ names Thomas its lead deals reporter
Lauren Thomas has been named lead deals reporter at The Wall Street Journal. She is also covering shareholder activism. She consistently breaks market-moving news about the biggest deals across all industries. Some of her scoops have included Exxon Mobil’s $60 billion deal for Pioneer Natural Resources, Capital One’s $35 billion deal for Discover Financial, Mars’s $30 […]
Glickman now covering M&A and activism at WSJ
Wall Street Journal reporter Ben Glickman is now covering mergers and acquisitions as well as investor activists. He has been a reporter on the real-time news desk for the past year. Glickman was a reporting intern and part of the summer 2023 newsroom intern class at The Journal. Glickman is a recent graduate of Brown University, where […]
How CNBC’s Faber got his start in business journalism
Investopedia editor in chief Caleb Silver spoke with David Faber, co-anchor of CNBC’s “Squawk on the Street,” about his career. Faber has broken some of the biggest mergers and acquisition deals of the past 30 years. “I was not in anyway someone with an economics background,” said Faber, who majored in English at Tufts University. […]
Koch PE arm looking to bid for Forbes
Koch Inc.’s private equity arm is in ongoing talks on a bid to buy Forbes in partnership with another individual investor, reports Sara Fischer of Axios. Fischer writes, “Koch Equity Development (KED) has a history of successful media investments, including its 2017 deal to back Meredith’s acquisition of Time Inc. with $650 million and its 2018 and 2019 […]
Reuters taps Valle to cover M&A in New York
Anirban Sen, editor in charge of U.S. mergers and acquisitions coverage at Reuters, sent out the following on Friday: I’m thrilled to share that Sabrina Valle will be our new M&A correspondent, based in New York. In her new role, Sabrina will focus on winning the biggest scoops and delivering agenda-setting stories on the healthcare […]
Business Insider’s parent is set to split
German billionaire Mathias Döpfner and KKR are nearing a deal to split up the media giant Axel Springer, the parent of Business Insider, reports Financial Times reporters Laura Pitel, Arash Massoudi and Ivan Levingston. Pitel, Massouri and Levingston report, “A deal would enable Döpfner, who has served as CEO since 2002, to cement his control […]
