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:..
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:..
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:..
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"...
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:
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 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"...
Amazon could be about to carry out its third major takeover deal of the summer.
Well, that's according to Bloomberg and the Wall Street Journal, who both revealed last night that Amazon is in the running to buy Signify Health, the US-lited healthcare technology platform...
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:..
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:..