[ad_1] Cigna is in advanced talks to sell its Medicare business in an about-face for the health-insurance giant, which had been expanding its footprint in the fast-growing sector. Cigna, which…
Tag: Ownership Changes
Welcome to the Neighborhood! Wall Street Designed It
[ad_1] Your new suburban rental has granite kitchen countertops, built to withstand even the most hard-wearing tenant. The neighbors next door have the exact same laundry machine. Welcome to the…
Airbus In Talks to Buy Atos Cybersecurity Unit for Up to $2 Bln
[ad_1] Updated Jan. 3, 2024 2:18 am ET Airbus is in talks to buy Atos’s cybersecurity unit BDS, with an indicative offer that values the business at up to 1.8…
WSJ News Exclusive | Fisher Investments in Sale Talks
[ad_1] Updated Jan. 2, 2024 6:00 pm ET Advent International is in talks to acquire Fisher Investments, the money-management firm known for its ubiquitous advertisements, according to people familiar with…
Walmart Goes All In on Africa
[ad_1] Sept. 11, 2023 7:00 am ET JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a…
Iberdrola’s Avangrid Ends $4.3 Billion Deal With PNM Resources
[ad_1] Updated Jan. 2, 2024 3:55 am ET Iberdrola’s U.S. renewables subsidiary Avangrid has ended a merger agreement with power company PNM Resources after rejecting a bid to extend the…
‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament
[ad_1] Private-equity firms usually drive dealmaking on Wall Street. In 2023, they sat it out. High interest rates put many new deals out of reach. Shaky market conditions made it…
What Happened in M&A in 2023, and What’s Ahead, in Five Charts
[ad_1] The past year was a downer for mergers and acquisitions, which plunged to the lowest level in a decade, but deal makers are hopeful that 2024 could be better following…
Suntory Beverage & Food Exits Nonalcoholic Drinks Business in Indonesia
[ad_1] Suntory Beverage & Food is exiting its nonalcoholic beverage business in Indonesia after 12 years of selling bottled tea, jelly drinks and other products in the Southeast Asian country.…