Posts tagged: Wall Street Journal
Monday, 12 February 2024, 6:14 am
Consolidation among the medium-sized oil producers continues unabated.
Diamondback Energy is set to buy privately-owned Endeavour Energy for up to $30 billion, according to the Wall Street Journal.
The newspaper added a deal could be announced as early today. Below is a link to the WSJ report:..
Wednesday, 10 January 2024, 10:51 am
Deal hacks at the Wall Street Journal are on a serious hot streak.
Last night Juniper Networks and Hewlett Packard Enterprise confirmed the WSJ's scoop from earlier in the week about a takeover of the US-listed networking company for $40 in cash or around $14 billion by the latter. Below is the link to the announcement:..
Friday, 5 January 2024, 6:43 pm
Hacks at the Wall Street Journal have just dug out another good line about the Ansys takeover talks with Synopsis.
According to the WSJ, the two design software companies are in "advanced" talks with Synopsis looking to acquire Ansys Inc for about $400 per share, around $35 billion, in a cash-and-stock deal that could be one of the first big tech transactions of the new year...
Wednesday, 29 November 2023, 8:49 pm
Deal hacks at the Wall Street Journal have landed another whopper.
According to the WSJ, American health insurance giants Cigna and Humana are in talks about a cash and stock merger.
The mega merger might be finalised by the end of the year, reports the WSJ. Below is a link to the story:..
Friday, 14 July 2023, 9:37 am
Hacks at The Wall Street Journal landed a decent scoop overnight about Switzerland's Roche talks to buy a stomach drug from Roivant Sciences, the US-listed biotechnology group.
According to the WSJ report, Roche is looking to pay around $7 billion for drug, so no wonder Roivant's shares are up amost 16pc in the pre-market as the market capitlisation of the company is just under $9 billion...
Thursday, 4 May 2023, 11:44 am
The Wall Street Journal has just trotted out another story about Apollo purchasing US-listed Arconic Corporation.
According to the WSJ, Apollo is "nearing a deal" to buy industrial parts maker Arconic for around $30 a share or $3 billion.
This report comes after the newspaper revealed Apollo was sniffing around Arconic in February this year.
Shares in Arconic have leapt 30pc in the US pre-market.
Below is a link to the WSJ scoop:..
Tuesday, 28 February 2023, 7:21 pm
Hacks at the Wall Street Journal are on a bit of a roll, landing a string of deal scoops in recent days.
The latest is a tale about Apollo, the private equity firm, trying to buy Arconic Corporation, a US-listed parts manufacturer.
Apollo submitted a bid for Arconic in February and has debt financing in place, reports the Wall Street Journal. Below is a link to the WSJ Scoop:..
Monday, 27 February 2023, 7:23 am
First they suggested it was Merck.
Now hacks at the Wall Street Journal claim Pfizer is in "ealy-stage" talks to buy Seagen, the US-listed biotechnology company worth more than $30 billion.
To be fair, the Wall Street Journal does report that Seagen's sale talks with Merck broke down last year.
Anyway a deal for Seagen appears to be back on. Below is a link to the WSJ scoop:..
Tuesday, 7 February 2023, 5:37 pm
The shenanigans surrounding the potential takeover of US-listed primary care provider Oak Street Health Inc continue.
First Bloomberg revealed in early January that CVS Health Corporation was exploring the takeover of Oak Street Health. Below is the link:..
Friday, 23 December 2022, 2:12 pm
Axios has just reported that Mike Bloomberg, the billionaire founder of financial media giant Bloomberg, is weighing an acquisition of Dow Jones, owner of the TheWall Street Journal, or TheWashington Post, which is owned by Amazon founder Jeff Bezos.
According to Axios, Mr Bloomberg would be interested in a potential acquisition of either property, but Dow Jones would be a "stronger target"...