Exxon Mobil and Chevron, the two largest U.S. oil companies, this month committed to spending more than $50 billion each to buy smaller companies in deals that would let them produce more oil and natural gas for decades to come. But a day after Chevron announced its acquisition, the International […]
mergers
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[1/2]Hess logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing Rights European majors trade at discounts to U.S. rivals Dividend cuts, low carbon pivot weighed on shares BP shares fell on news of Chevron-Hess deal LONDON, Oct 23 (Reuters) – The prospect of […]
The Biden administration’s top antitrust officials unveiled tougher guidelines against tech mergers on Wednesday, signaling their deepening scrutiny of the industry despite recent court losses in their attempts to block tech deal-making. Lina Khan, the chair of the Federal Trade Commission, and Jonathan Kanter, the top antitrust official at the […]
WASHINGTON — The Defense Department in a report released Feb. 15 says it will “strengthen oversight” of industry mergers amid concerns that corporate consolidation is undermining U.S. competitiveness. DoD’s report on the “state of competition in the industrial base” comes on the heels of the Biden administration’s decision to block […]
MOUNTAIN VIEW, Calif. — Space companies that went public in the last year only to see their valuation drop precipitously may soon become targets of acquisitions. Potential acquirers, panelists said at the SmallSat Symposium Feb.9, range from other emerging space companies looking to move up the value chain to large […]
WASHINGTON — Top federal antitrust officials on Tuesday announced a review of how they approve mergers and acquisitions, in a broad effort to strengthen enforcement and clamp down on a surge of corporate consolidation, particularly in high tech. Lina Khan, chair of the Federal Trade Commission, and Jonathan Kanter, head […]
Dec 7 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** Liontrust Asset Management (LIO.L) will buy British fund manager Majedie Asset Management for up to 120 million pounds ($159.31 million), the company said. read more ** Eurobank (EURBr.AT), one of Greece’s […]
LAS VEGAS — While mergers involving special purpose acquisition corporations (SPACs) dominated the space industry for much of the year, one expert sees warning signs of waning interest in this way of taking companies public. Speaking at the ASCEND conference by the American Institute of Aeronautics and Astronautics here Nov. […]