MERGERS of euro-area banks from different countries, a banker jokes, are “very much like teenage sex. There’s a lot of talk, but little action. And when it does happen, there’s a lot of disappointment.” In recent months gossip has linked each of France’s three biggest banks (BNP Paribas, Crédit Agricole and Société Générale), as well […]
Tag: mergers
WALL STREET: More blockbuster mergers are coming
Scott Olson / Getty Images Firms across Wall Street are forecasting an upswing in corporate mergers and acquisitions activity in 2018 amid clarity around the GOP tax plan and robust cash levels. Merger activity is already accelerating into the end of 2017, with CVS’ recently announced acquisition of Aetna the most recent example. If you’re […]
Mergers and acquisitions often disappoint
WHEN you are the chief executive of a public company, the temptation to opt for a merger or acquisition is great indeed. Many such bosses may get a call every week or so from an investment banker eager to offer the kind of deal that is sure to boost profits. Plenty of those calls are […]
Black-hole mergers may reveal dark past of cannibalism
Enlarge (credit: A. Bohn et al.) Now that we can detect gravitational waves, a new generation of stargazers is turning its attention to the Universe and using observatories that can be disrupted by a passing rabbit. Gravitational-wave detectors are going to give us an entirely new view of our place in the cosmos. As with all […]
Where are all the big telecom mergers?
The much-anticipated merger mania in the communications industry finally turned into a real deal this week, but it probably wasn’t the one most people were expecting. Verizon outbid AT&T with a $ 3.1 billion offer for tiny wireless startup Straight Path Communications, which owns airwave rights suitable for super-fast 5G networks coming in a few […]
FCC takes first step toward allowing more broadcast TV mergers
In a divided vote today, the Federal Communications Commission took steps that could lead to more consolidation among TV broadcasters, reducing the number of sources of local news. The changes have drawn the ire of Democrats, though they’ve struggled to get the message out in part because the legal mechanics involved are somewhat dense and […]
