Tag: takeovers and mergers
State stays longer: Lufthansa completes entry into ITA Airways
State stays longer Lufthansa completes entry into ITA Airways 5/25/2023 5:52 p.m Lufthansa joins the Italian airline ITA – initially with a minority. Both sides confirm the entry, but do…
Exxon reaches for fracking company: US oil giants consider mega takeover
Exxon grabs fracking company US oil giants consider mega takeover 4/8/2023 4:01 p.m While other companies are slowly planning their withdrawal from the oil and gas industry, the US giant…
Tag team on Wall Street: WWE and UFC form the show industry’s new stock market colossus
The biggest wrestling and the biggest MMA organizers join forces. The result is a stock exchange giant worth billions that is supposed to combine the strengths of sports and entertainment.…
“All options on the table”: UBS does not rule out the partial sale of Credit Suisse
“All options on the table” UBS does not rule out partial sale of Credit Suisse 04/05/2023, 5:15 p.m The major Swiss bank UBS has had to take over the crisis-ridden…
Person of the week: Ralph Hamers: The man with the bargain of the century
Person of the week: Ralph Hamers The man who gets a bargain of the century By Wolfram Weimer 03/21/2023, 09:42 am With the takeover of Credit Suisse by UBS, a…
The bigger, the more dangerous: Switzerland creates a banking Goliath
The bigger, the more dangerous Switzerland creates a banking Goliath A comment by Jan Ganger 03/20/2023 11:44 am The major Swiss bank UBS rescues its badly battered rival Credit Suisse.…
Deutsche Bank also interested?: Supervisors are pushing UBS to merge with Credit Suisse
Also interested in Deutsche Bank? Regulators urge UBS to merge with Credit Suisse 03/18/2023 8:52 p.m Actually, the major Swiss bank UBS and its troubled rival Credit Suisse do not…
Investor wants Frankfurt-Hahn: Russian makes concessions in airport poker
Investor wants Frankfurt-Hahn Russian makes concessions in airport poker 2/13/2023 5:28 am Frankfurt-Hahn Airport is for sale. One of the interested parties is Viktor Charitonin. However, against the background of…
InstaDeep is the largest acquisition: Biontech buys British AI startup
InstaDeep is the largest acquisition Biontech buys British AI startup 01/10/2023, 4:55 p.m Biontech wants to expand its capacities in the field of immunotherapies. To do this, the Mainz-based company…
Disputed terminal takeover: Hamburg port deal with Cosco in limbo
Disputed terminal takeover Hamburg port deal with Cosco in the balance 01/06/2023, 9:25 p.m Against the resistance of several ministries, the Chancellery pushes through the participation of a Chinese state…
Beginning of consolidation?: Getir swallows delivery service rival Gorillas
Beginning of consolidation? Getir swallows delivery service rival Gorillas 12/09/2022, 5:15 p.m Speculation becomes certainty. The German delivery service for gorillas is taken over. According to the rumored sum, the…
“Constructive talks”: Lufthansa is moving forward with the takeover of Ita Airways
“Constructive Conversations” Lufthansa advances takeover of Ita Airways 12/03/2022, 5:15 p.m Ita Airways emerged from the insolvent Alitalia and is currently 100 percent owned by the Italian state. Lufthansa is…