Parent of Dealreporter, Mergermarket sold for $1.7 billion
Ion Group, the Irish software and data company, is buying Acuris – which owns Mergermarket, Debtwire and other financial-information products – from BC Partners for $1.7 billion, including debt. Liam Proud of Reuters Breakingviews reports, “The private-equity group bought the main business for 382 million pounds in 2013 from publishing group Pearson, which in turn […]
Bloomberg hires Baker from Reuters to be U.S. deals team leader
Elizabeth Fournier, managing editor of U.S. deals coverage at Bloomberg News, sent out the following announcement on Tuesday: Hi all, I’m very excited to announce that Liana Baker will be joining Bloomberg as our new U.S. Deals Team Leader in New York, starting next week. Liana joins Bloomberg after almost nine years at Reuters where […]
Coverage: Retailer Lord & Taylor is for sale
Hudson’s Bay Co. said it is pursuing strategic alternatives for Lord & Taylor, including a possible sale or merger of the department-store chain. Suzanne Kapner of The Wall Street Journal had the news: The discussions center on the operating business, not the real estate, which includes about 45 stores along the East Coast, a person familiar with the […]
Coverage: Verizon is looking to sell blogging platform Tumblr
Verizon is seeking a buyer for Tumblr, the blogging platform it acquired along with other Yahoo assets in 2017. Chris Welch of The Verge had the news: On Thursday evening, Pornhub VP Corey Price claimed in a statement to BuzzFeed Newsthat his company is “extremely interested” in buying Tumblr and “very much looking forward to one day restoring […]
Reuters seeks finance/M&A reporter in Canada
Reuters Canada is looking for a dynamic correspondent to cover its financial services sector, which includes some of the world’s top banks as well as prolific dealmakers such as top-ranked global pension funds which are investing in everything from technology to infrastructure and energy project across the world. Canada’s struggling energy sector and mining industry […]
Moody’s leads in bidding for Dealreporter, Mergermarket parent
Credit rating agency Fitch has pulled out of the bidding for financial media firm Acuris, leaving rival Moody’s as one of the strongest contenders to win the more than $1.30 billion deal, reports Pamela Barbaglia of Reuters. Barbaglia writes, “The U.S. ratings agency is now vying with ION Trading – a software provider for electronic trading, pricing […]
WSJ names new M&A reporter, new JPMorgan reporter, new Heard columnist
Wall Street Journal financial editor Charles Forelle sent out the following announcement on Tuesday afternoon: Hi all, It’s so awesome to see our great people take exciting jobs and to welcome new great people to the Journal family. I am thrilled to tell you about these moves: Cara Lombardo is the new M&A reporter. Cara joined the […]
Mergermarkt hires Jiang as a reporter in Charlottesville
Mergermarket has hired Ethel Jiang to be a reporter in its Charlottesville, Virginia, office. She will cover deals in the Southeast and starts this week. Jiang has been a fellow at Business Insider’s Markets Insider site for the past eight months, writing three to six posts a day covering the latest stock movements, fun facts […]
Coverage: Centene is buying Wellcare for $15.3 billion
Health insurer Centene Corp. agreed to buy competitor WellCare Health Plans Inc. for around $15.3 billion, creating a giant in the business of managing government health programs. Anna Wilde Mathews and Allison Prang of The Wall Street Journal had the news: The move comes after the Trump administration recently renewed talk of striking down the Affordable Care Act. Centene is the […]
MLex seeks senior M&A reporter in DC
MLex is looking for a seasoned journalist to lead its mergers coverage in the U.S. The beat is to cover regulatory risk in mergers in the US, in particular covering DOJ and FTC reviews of major deals, but also seeking to get ahead of the procedural story through deep-dive analyses of the markets and case […]
