M&As to leverage AI and deep learning post-Covid
In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking
Allstate Acquires National General for $4 billion in an all-cash deal
Allstate, the US insurance company, has agreed to acquire National General Holding Corp for $4 billion in an all-cash deal. Allstate is a leader in auto and home insurance policies
Samsung Enters Cloud Computing Market with Joyent Acquisition
Samsung has acquired cloud infrastructure and big data analytics company Joyent. The financial terms of the deal are yet to be revealed. Joyent provides hosted cloud computing to v
Kraft, Heinz merger to create one of world's largest food giant
Kraft Foods Group Inc and Ketchup maker H.J. Heinz Co announced Wednesday they are merging to form one of the world’s largest food and beverage companies. The deal was engine
IHG to buy boutique hotel chain Kimpton in $430 million deal
InterContinental Hotels Group (IHG) has agreed to acquire Kimpton Hotels & Restaurants Group for $430m in cash, making this the group’s first acquisition in a decade. Kimpton
Reynolds-Lorillard Merger: Bulked Up to Light up Rival Marlboro?
Reynolds American Inc. the second-largest Tobacco maker in the U.S., announced on Tuesday that it is planning to buy rival Lorillard Tobacco Company for about $27.4 billion (includ
Vodafone Plans to Integrate M2M Technology with Cobra’s Takeover
British MNC and world’s 2nd largest telecommunications company Vodafone on Monday announced that it has entered into an agreement with the main shareholders of Cobra Automotive T
Maple preferred over LSE by Quebec for takeover of TMX Group
While the TMX Group, which operates the Toronto Stock Exchange, has indicated their preference for the $3.56 billion takeover deal offered by the London Stock Exchange (LSE), Canad
