All Entries Tagged With: "acquisition"
Apache to Acquire Cordillera Energy for $2.85 Billion
Apache Corporation’s access to the 254,000 acres of potential energy reserves in the Granite Wash, has received billions of dollars in investment in recent years. This area is also known for its shale formations. Well shale formations are sedimentary rocks from which hard-to-recover natural gas and oil can be extracted using fracking technology.
AT&T Withdraws T-Mobile Acquisition Plan
AT&T has dropped its plan to acquire, Deutsche Telekom’s U.S. Wireless unit, T-Mobile, surrendering to federal regulators’ growing conflict regarding the matter. The $39 billion bid heaved issues that it would lift prices, trim down innovation and give customers fewer choices.
HP Announces Exit from PC & WebOS: Proposes to Takeover UK-based Autonomy
In a massive overhaul of its businesses, multi-billion dollar IT company Hewlett-Packard has announced plans of shifting their operations away from manufacturing hardware and focusing on developing cloud computing instead. HP currently figures as the world’s largest maker of personal computers. Buying over UK-based software company Autonomy Corp. for $10.3 billion is the company’s first [...]
Android Scores a One Up Over Apple & Microsoft: Google to Buy Motorola
In its largest-ever acquisition deal, Google announced on Monday an all-cash acquisition bid to buy Motorola Mobility Holdings for $12.5 billion. The move is aimed at increasing the search engine giant’s leverage in the highly competitive mobile computing market. The deal with Motorola would give Google over 17,000 mobile technology patents. At a time when [...]
AT&T’s $39bn deal with T-Mobile: Morgan Stanley Smiling All The Way
AT&T’s $39 billion blockbuster takeover of T-Mobile marks the biggest global telecom deal since AT&T’s $89.4 billion buy of BellSouth in 2006. The latest among a series of transformational deals for Morgan Stanley‘s telecom bankers, the AT&T / T-Mobile deal will mean a whooping $145 million fee for the advisors. The deal came through after a [...]
NZ trucking giant to buy Europe’s Wim Bosman Group
New Zealand’s largest trucking company, Mainfreight, is all set to enter the European market by acquiring Netherlands-based Wim Bosman Group, in what will be the NZ-based company’s largest acquisition. Mainfreight has announced that it will pay at least €110 million for the Dutch transport and logistics provider, with a further €10 million payment if it [...]
