Forbes acquires The Memo to expand European editorial
Forbes Media announced Monday the acquisition of British online business publication The Memo for an undisclosed amount. The deal will result in the first full-fledged editorial team that’s focused on European content, with The Memo founder and editor Alex Wood taking on the role as European editor. Forbes plans to use The Memo’s editorial staff […]
Acuris seeks financial services M&A reporter in New York
Mergermarket and Dealreporter, online financial news services read by deal makers and investors, are looking for a reporter based in New York to cover M&A deals and corporate strategy in the financial services and real estate sectors. With interest rates rising and the Trump administration looking to reduce regulation, financial services deal making is expected to increase […]
Dealreporter seeks M&A antitrust reporter in DC
Dealreporter is looking to hire a full time reporter to cover M&A antitrust in Washington DC. This exciting role will involve writing breaking news and detailed analysis on antitrust investigations on high-profile mergers. With a strong focus on investigative reporting, the right candidate should be as comfortable working independently as collaborating with a strong team […]
FT acquires controlling stake in Longitude
The Financial Times has acquired a controlling stake in Longitude, a seven-year-old company that provides services to a multinational companies. Terms were not disclosed. Longitude’s product offering include services such as surveys, interview programs, data modelling and desk research, and thought leadership campaigns, which include reports, articles, opinion pieces, visual and interactive content. “Longitude’s professional […]
Coverage: American icon Xerox selling to Fujifilm for $6.1 billion
Xerox, the company that pioneered copy machines, the computer mouse and other office technology, will come under the Japanese company Fujifilm’s control in a $6.1 billion deal. Emily Sullivan of National Public Radio had the story: Fujifilm and Xerox established the Fuji Xerox joint venture in 1962. Fujifilm owns 75 percent of that joint venture. In […]
Thomson Reuters agrees to deal with group led by Blackstone
A group led by Blackstone Group LP agreed to buy a majority stake in Thomson Reuters Corp.’s financial and risk unit in a deal that values the business at $20 billion. Melissa Mittelman of Bloomberg News reported, “Thomson Reuters said it will receive about $17 billion in proceeds, consisting of $3 billion from the Blackstone-led group and $14 […]
Reuters parent in talks to sell big division
U.S. private equity firm Blackstone Group LP is in advanced talks to buy an approximate 55 percent stake in the Financial and Risk business of Thomson Reuters Corp., reports Pamela Barbaglia of Reuters. Barbaglia reports, “Thomson Reuters’ board, the sources said, is expected to meet on Tuesday to discuss Blackstone’s offer for the F&R business, which supplies […]
Coverage: Keurig maker to combine with Dr Pepper Snapple
Dr Pepper Snapple Group is merging with Keurig Green Mountain to create beverage giant with an estimated $11 billion in annual revenues, the companies said Monday. Kevin McCoy and Zlati Meyer of USA Today had the story: The deal brings together some of the soft drink and juice world’s best known names — Dr Pepper, 7UP, Snapple, A&W, Mott’s, Sunkist and […]
Coverage: Bacardi buying Patron for $5.1 billion
Bacardi Ltd. said on Monday it would buy high-end tequila maker Patron Spirits International AG in a $5.1 billion deal, hoping to become the second largest spirits company in the United States by market value. Kirsten Korosec of Fortune had the news: Bacardi is a privately held company that has owned a 30% stake in Patrón […]
Coverage: ADM seeks to purchase ag trader Bunge
Archer-Daniels-Midland Co. sought merger talks with Bunge Ltd., potentially setting up a battle for control of the giant agricultural trader with Glencore Plc. Javier Blas and Simon Casey of Bloomberg News had the story: ADM’s recent approach was preliminary and it’s unclear whether a deal can be done, said the person, who asked not to be identified because the talks are […]
