Reuters It’s been a rocky year for Allergan, the pharmaceutical company best known for making Botox. Investors have been unhappy with Allergan’s stock performance over the last year, and some have expressed interest in seeing the pharma company explore splitting up. On Wednesday, Allergan announced it plans to sell its women’s health and infectious disease businesses. The […]
Tag: dealmaking
Trump’s deal-making ways undercut US continuity ‒ Forbes
US President Donald Trump is governing the way he ran his business, negotiating deals and denigrating opposition in a way that undermines the continuity of American politics, according to a new interview. Asked by Forbes magazine whether he feels a responsibility to honor agreements from previous administrations such as the nuclear deal with Iran, the […]
Meet the Rising Stars on Wall Street shaking up investing, trading and dealmaking
Business Insider Introducing the Rising Stars on Wall Street age 35 and under. We scoured our contacts for ideas on who we should include, receiving recommendations from bosses, colleagues, recruiters and others working in the finance industry. The editors made final decisions. We’ve included people with a variety of roles and experiences, from companies including Goldman Sachs, […]
Here’s why Gilead broke its dealmaking hiatus and splurged $12 billion on a cancer treatment
Gilead Sciences bought cancer-immunotherapy company Kite Pharma for $ 11.9 billion Monday. The acquisition breaks a years-long hiatus from major dealmaking for Gilead. Sources say Gilead inked the deal because it was impressed by Kite’s trial data and thought it had a strategic edge over competitors. For several years, investors of Gilead Sciences have clamored for the […]
A small investment bank you’ve probably never heard of is killing it in dealmaking
Alantra A small investment bank you’ve probably never heard of is killing it in dealmaking. Alantra was formed in April 2016 when N+1, a Spain-based outfit, acquired the Boston-based CW Downer in order to expand into the United States and Asia. In the first quarter of 2017, the firm’s American investment banking division ranked number two for […]
Wall Street dealmaking has exploded since Trump took office
2017 has been the year of the deal. Since President Donald Trump took office nearly 3,100 US M&A deals have been announced, according to recently released data from Thomson Reuters Deals Intelligence. In addition, 13 deals valued over $ 5 billion dollars have been announced since January 20. On top of that, cross-border M&A deals are […]
Seth Meyers: Why we now know Trump’s deal-making skills are a ‘complete sham’
“Late Night with Seth Meyers”/NBC; YouTube Seth Meyers doesn’t pull any punches when it comes to the failure of President Donald Trump’s healthcare plan and what it says about the real-estate mogul’s supposed deal-making skills. To start off Monday’s edition of the “Late Night” segment “A Closer Look,” Meyers ran a series of clips in […]
Ford’s CEO talks dealmaking — and explains why he loves Silicon Valley
Rebecca Cook/Reuters Ford, the 113-year-old automaker, may be headquartered in the suburbs of Detroit, but CEO Mark Fields has his eyes set on Silicon Valley. The company built a research and innovation center in Palo Alto in 2015 and went on to acquire two tech startups the following year. It’s now working with some 40 […]
