[ad_1] Updated Jan. 16, 2024 2:01 pm ET A federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines, agreeing with the Justice Department that the $3.8 billion deal…
Tag: Acquisitions/Mergers
Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago
[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…
Closing of Kroger, Albertsons, C&S Deal Postponed
[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…
Synopsys to Acquire Ansys in $35 Billion Deal
[ad_1] Synopsys will acquire Ansys in a cash-and-stock deal giving the design-software company an enterprise value of about $35 billion. [ad_2] Source link
BlackRock to Buy Global Infrastructure Partners for $12.5 Billion
[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…
Chesapeake, Southwestern to Merge as New Gas Behemoth
[ad_1] Updated Jan. 11, 2024 10:20 am ET Chesapeake Energy and Southwestern Energy agreed to merge in an all-stock transaction valued at $7.4 billion that would create the largest natural-gas…
After Big Tesla Bet, Hertz Selling One-Third of EV Fleet
[ad_1] Updated Jan. 11, 2024 10:59 am ET Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals. The car-rental company…
Blockbuster Natural-Gas Merger Is Almost Too Perfect
[ad_1] Jan. 11, 2024 12:04 pm ET Chesapeake Energy’s merger with Southwestern Energy would create the largest natural-gas-focused producer in the U.S. It also creates an investment story that is…
Amazon Misses EU Deadline for Concessions Over iRobot Deal
[ad_1] Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after…