How WSJ’s Mattioli broke the Precision Castparts deal story
Dana Mattioli, a mergers and acquisitions reporter for The Wall Street Journal in New York, talks about how she broke the story of Berkshire Hathaway’s 2015 agreement to acquire Precision Castparts, the largest such deal in Warren Buffett’s storied career. Mattioli said she first heard about the deal on her way to her best friend’s […]
Reuters seeks M&A correspondent in London
Reuters is looking for an experienced scoop-driven M&A reporter to break stories on market-moving deals, one of the newsiest, most market-sensitive parts of the file. Major Responsibilities / Accountabilities: The successful candidate will regularly break news on the most competitive M&A deals in EMEA, helping Reuters to report market-moving news that is regularly the most-read […]
Coverage: Scottish money managers to combine for $13.5 billion
Standard Life Plc could announce an offer to acquire Aberdeen Asset Management Plc as early as Monday morning for $13.5 billion, continuing a consolidation move in the money management business. Chris Newlands, Madison Marriage and Oliver Ralph of the Financial Times had the news: The two companies, which worked over the weekend to finalise the terms […]
Coverage: Kraft Heinz drops $143 billion bid for Unilever
Kraft Heinz, the Warren Buffett-backed U.S. food group, dropped its $143 billion offer for consumer products rival Unilever on Sunday, only two days after publicly confirming its interest in acquiring the Anglo-Dutch rival. Arash Massoudi and James Fontanella-Khan of The Financial Times had the news: Kraft Heinz said in a joint statement with Unilever that […]
Coverage: Kate Spade puts itself up for sale
Upscale retailer Kate Spade confirmed Thursday that it is considering “strategic alternatives” for the company’s future, which in the world of business news coverage typically includes a possible sale. Nathan Bomey of USA Today had the news: he handbag, clothing, shoes and accessories seller’s move comes amid challenges for U.S. luxury retailers as the strong dollar dampens […]
Coverage: Verizon negotiates lower price for Yahoo
Verizon Communications Inc. is close to a deal with Yahoo Inc. that will cut up to $300 million off its $4.8 billion purchase price of the internet search engine, according to business news media reports Wednesday. David Shepardson and Jessica Toonkel of Reuters had the news: Since last year, Verizon had been trying to persuade Yahoo to amend […]
Coverage: Allergan buying Zeltiq for $2.48 billion
Botox maker Allergan Plc agreed to pay $2.48 billion in cash for Zeltiq Aesthetics Inc., adding a system that it says helps people slim down by freezing fat away to the company’s line-up of aesthetic products. Michael Erman and Natalie Grover of Reuters had the news: Allergan said it would benefit from the cross-selling opportunities for consumers of […]
Coverage: Judge blocks Anthem’s $48 billion deal for Cigna
Anthem Inc.’s $48 billion deal to buy Cigna Corp. was blocked by a federal judge, putting an end to the second of two mergers that would have reshaped the U.S. health care landscape. Zachary Tracer, David McLaughlin and Andrew M. Harris of Bloomberg News had the story: The transaction violates antitrust laws by reducing competition among insurers, U.S. […]
Coverage: Walgreens cuts price to buy Rite Aid
Walgreens substantially lowered its offering price for drugstore rival Rite Aid and, facing resistance from U.S. regulators, raised the number of stores it would be willing to unload to ease monopoly concerns. Tom Murphy of the Associated Press had the news: The companies initially expected to sell no more than 500 stores, but that was pushed […]
Coverage: Is the next big deal Verizon buying Charter?
Verizon Communications is seeking a deal that would merge its telecommunications business with Charter Communications, according to various media reports on Thursday. Brian Fung of the Washington Post had the news: A deal between the two could create a massive company controlling access to home broadband, cable TV, and mobile voice and data services, accelerating what some analysts […]
