Posts tagged: Wall Street Journal

Apollo in talks to buy Arconic Corporation, reveals the WSJ

Tuesday, 28 February 2023, 7:21 pm

Hacks at the Wall Street Journal are on a bit of a roll, landing a string of deal scoops in recent days.

The latest is a tale about Apollo, the private equity firm, trying to buy Arconic Corporation, a US-listed parts manufacturer.

Apollo submitted a bid for Arconic in February and has debt financing in place, reports the Wall Street Journal. Below is a link to the WSJ Scoop:..


Pfizer in talks to buy Seagen Inc for more than $30 billion, reveals the Wall Street Journal

Monday, 27 February 2023, 7:23 am

First they suggested it was Merck.

Now hacks at the Wall Street Journal claim Pfizer is in "ealy-stage" talks to buy Seagen, the US-listed biotechnology company worth more than $30 billion.

To be fair, the Wall Street Journal does report that Seagen's sale talks with Merck broke down last year.

Anyway a deal for Seagen appears to be back on. Below is a link to the WSJ scoop:..


CVS Health Corporation in advanced talks to buy Oak Street Health Inc for over $10.5 billion, reveal the Wall Street Journal and Bloomberg

Tuesday, 7 February 2023, 5:37 pm

The shenanigans surrounding the potential takeover of US-listed primary care provider Oak Street Health Inc continue.

First Bloomberg revealed in early January that CVS Health Corporation was exploring the takeover of Oak Street Health. Below is the link:..


Bloomberg said to eye takeover of The Wall Street Journal owner Dow Jones and Washington post, reveals Axios

Friday, 23 December 2022, 2:12 pm

Axios has just reported that Mike Bloomberg, the billionaire founder of financial media giant Bloomberg, is weighing an acquisition of Dow Jones, owner of the TheWall Street Journal, or TheWashington Post, which is owned by Amazon founder Jeff Bezos.

According to Axios, Mr Bloomberg would be interested in a potential acquisition of either property, but Dow Jones would be a "stronger target"...


Kering, Estée Lauder and the multibillion dollar menswear fashion deal...

Saturday, 12 November 2022, 9:45 am

Last week hacks at the Wall Street Journal were boasting about a scoop - that Kering (the owner of Gucci) was in "advanced talks" to buy menswear brand Tom Ford for around $3 billion. Below is the link:


Betaville Intelligence

UNCOOKED ALERT: Qiagen said to ... - Part 5

Monday, 10 October 2022, 7:20 pm

Hacks at the Wall Street Journal have landed a cracking new line on the Qiagen takeover story that has been rumbling around European markets for the last two years.

According to the WSJ, US-listed medical diagnostics group Bio-Rad Laboratories Inc is in merger talks with Qiagen, which had previously been in negotiations France's BioMerieux about a combination.

Below is the link to the WSJ story:..


Adobe said to be in advanced talks to buy Figma for $20 billion, reveal Bloomberg and the Wall Street Journal - Part 2

Thursday, 15 September 2022, 6:55 pm

Adobe Inc has confirmed it is buying design application Figma for $20 billion, proving once again there is a strong appetite for dealmaking, especially in the US technology market.

Now earlier little old Betaville reported that it was Bloomberg and the Wall Street Journal that were claiming the "scoop"...


Cineworld hires advisors for bankruptcy, reveals the Wall Street Journal

Friday, 19 August 2022, 2:24 pm

The Wall Street Journal has revealed Cineworld, the London-listed cinema giant, is on the verge of filing for bankruptcy.

According to the WSJ, Cineworld - which also owns the Regal cinema chain - has engaged advisors from law firm Kirkland and Ellis and a restructuring specialists Alix Partners to work on the bankruptcy. Below is a link to the WSJ scoop:..


Deals, Deals, Deals ... in a bear market - Part 24

Monday, 8 August 2022, 6:43 pm

The US deal announcements are now arriving thick and fast.

Aside from the takeovers mentioned in this morning's note, Pfizer has announced it is buying Global Blood Therapeutics for $5.4 billion (confirming the Bloomberg and Wall Street Journal scoops from last week). Below is the link to the deal report from the WSJ:..