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eBay To Acquire Motors.Co.Uk To Rival Autotrader

Motors.co.uk, a car search website, is set to be acquired by the bidding platform eBay as the later gets ready to compete with Autotrader.   The deal – the value of which was not disclosed, would be conducted between the online shopping giant and Cox Automotive, which is the current owner of...

$600 Million Dialog Deal By Apple For Control Over Critical Chip Tech

Apple Inc is set to expend $600 million to take control of the power management technology which is at the core of functioning of the iPhones from the Anglo-German chip designer Dialog Semiconductor which also essentially puts the latter - a German-listed company, in the role of a supplier to the...

Comcast To Get Entire Of Sky As Fox Agrees To Sell Its Minority Stake In Sky

Following the win in the blind bidding process for British broadcaster Sky, Comcast is set to completely take over the company with Rupert Murdoch’s 21st Century Fox agreeing to sell off its 39 per cent stake in Sky.     Fox said in a statement that the stake of the company in the...

Renesas To Buy US Firm IDT To Advance Market Share In Automated Vehicles

In its effort to strengthen its position in the semiconductors for self-driving cars market, Japan’s Renesas Electronics Corp will be acquiring Integrated Device Technology Inc (IDT) for in a deal worth $6.7 billion.   There is a tough competition between global chipmakers to get a better...

Costa Coffee Is To Be Bought By Coca Cola For From £3.9bn

The Costa Coffee chain will be acquired by the soft drinks giant Coca Cola for a deal that is worth almost £3.9bn.   This acquisition would result in Coca Cola being transformed into the largest coffee chain in the UK virtually overnight and provide a platform for the soft drinks...

$10.5bn Deal Struck By BP To Buy BHP's US Shale Oil And Gas Assets

UK based oil major BP will acquire the shale oil and gasfields in the US belonging to the Anglo-Australian miner BHP for $10.5bn in a deal that would be the biggest in the last two decades for a UK firm’s biggest acquisition.   While industry experts said that the deal would...

$85 Billion Acquisition Of Time Warner Closed By AT&T A Day After Court Ruling In Its Favor

Following indications that no delay is being sought by U.S. antitrust regulators, the $85 billion deal to acquire media company Time Warner Inc was closed on Thursday by AT&T Inc which is the second largest wireless carrier in the U.S.   President Donald Trump had opposed the deal after...

Court Clears Path For AT&T To Buy Time Warner, Overrules Trump Opposition

A wave of possible corporate mergers would begin after the court approval of the AT&T Inc deal to take over Time Warner Inc for $85 billion. The court decision was also a strong rebuttal of the effort by the U.S. President Donald Trump’s administration to prevent the merger.   The deal...

Qualcomm And China Regulators To Meet To End Deadlock Over The $44 Billion NXP Deal: Reports

Media reports suggest that executives form Qualcomm Inc are set to meet Chinese anti-trust regulators this week in Beijing in its effort to convince them to clear the proposed $44 billion acquisition of NXP Semiconductors NV.   The proposed takeover has been stalled temporarily in the trade...

$2.3 Billion EMI Deal To Make Sony The Largest Play In Music Publishing Industry

Sony Corp is to become the largest music publisher in the world following its decision to take over EMI for an investment of about $2.3 billion. Sony Corp said on Tuesday.   Since taking over as the CEO of Sony, for Kenichiro Yoshida this was is the largest deal that will see the company...

Vodafone To Take Over Some Of Liberty’s European Assts For $21.8 Billion

Vodafone would now be able to offer superfast cable TV, broadband and mobile in Europe after its taking over of Liberty Global’s assets in Germany, the Czech Republic, Hungary and Romania for a deal worth $21.8 billion. This will also help the company to take on its rivals in the region.  ...

Irish Pharma Firm Shire To Be Acquired By Japanese Company Takeda For £46bn

In a deal that took months of negotiations and a once dead end, Irish drugmaker Shire will now be bought over by Japan's Takeda Pharmaceutical in a deal that is worth £46 billion.   Since March this year, there had been five offers for UK-listed Shire made by Takeda. The final agreement ends...
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