by 21st Century Competition | Aug 7, 2014 | Global Blogs
As Mexico looks to revamp its struggling state-run oil industry, reports say Congress has finished new policy plans to strike joint ventures with the world’s largest oil conglomerates. According to an unnamed senior government official, Congressed finalized the...
by 21st Century Competition | Aug 7, 2014 | Global Blogs
Just two years after US drugstore giant Walgreens acquired a 45 percent stake in Switzerland-based Alliance Boots for $11.3 billion, reports say Walgreens is now pursuing the rest of the overseas rival. Walgreens has inked a deal worth about $9.4 billion to takeover...
by 21st Century Competition | Aug 7, 2014 | Global Blogs
The European Commission has set a deadline to rule on proposed acquisitions of assets in Germany and Italy by broadcasting giant BSkyB, reports say. The Commission announced Thursday it would rule on the deals by September 11. BSkyB is planning on acquiring pay-TV...
by 21st Century Competition | Aug 7, 2014 | Global Blogs
Twenty-First Century Fox has reportedly set a record in its failed acquisition of Time Warner. According to reports, the cancelled merger is the second-largest merger ever to end in cancellation. Capital IQ had valued the transaction at $98 billion. That figure is...
by 21st Century Competition | Aug 7, 2014 | Global Blogs
Soon after reports emerged that third-place US wireless operator Sprint would no longer pursue an acquisition of its smaller rival T-Mobile, Iliad is reportedly preparing for a renewed offer. Iliad had reportedly submitted a bid to acquire a stake in T-Mobile for $15...
by 21st Century Competition | Aug 7, 2014 | Global Blogs
Three private equity firms have reportedly agreed to settle allegations of anticompetitive behavior for a combined $325 million. According to reports, Blackstone Group, KKR and TPG Capital have settled allegations that they colluded with reach other and rivals to keep...