Private Equity
The value of announced mergers and acquisitions worldwide fell 27 percent year-on-year to US$753 billion in the third quarter of 2016, as apprehension among corporate executives about overpaying prevented a repeat of last year's deal-making frenzy, Reuters reported. The preliminary Thomson Reuters M&A data shows the euphoria that drove merger mania in 2015 has subsided. While M&A activity remains robust, deal-makers said companies are being more selective in their decisions to do deals.
4 min read · 30 September 2016
Brexit jitters will dampen global appetite for mergers and acquisitions until Britain clarifies when and how it will negotiate an exit from the European Union, Reuters reported, citing a new survey of deal-makers. Some 70 percent of 1,001 M&A professionals from around the world surveyed by technology provider Intralinks said the number of M&A deals would fall until Brexit worries subside. Two-thirds of respondents said Britain leaving the EU would have a negative impact on global deal volumes for the rest of 2016.
2 min read · 03 August 2016
Acquisitions in the utility sector and a major cross-border pipeline transaction helped drive the volume of Canadian M&A activity up 48 percent in the first quarter of 2016, even though the number of deals declined, Reuters reported. Thomson Reuters data released on Thursday showed the overall number of deals in the period fell 18 percent to 511 from a year earlier, while the deal value surged to US$67.9 billion from US$45.9 billion a year ago.
2 min read · 07 April 2016
A slew of major bets outside Canada by some of the country's top pension funds, banks, investment management firms and insurers propelled Canadian deal activity to its second-highest level ever in 2015, Reuters reported. Thomson Reuters data showed US$278.69 billion of activity involving Canadian entities in 2015, up 37 percent from a year ago, and lagging only a pre-crisis high hit in 2007.
2 min read · 07 January 2016
1 min read · 06 November 2015
Spotify AB is nearing a deal to raise $400 million, valuing the music streaming service provider at $8.4 billion, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 13 April 2015
Finnish start-up Next Games has raised $6 million in funding in the latest of several venture capital investments in the Nordic country's booming mobile games industry, sister news service Reuters reported.
1 min read · 12 March 2014
Zalora, an online fashion start-up in Southeast Asia, has raised $112 million (68 million pounds) in new capital from investors including billionaire Leonard Blavatnik's Access Industries and U.S. asset management firm Scopia Capital Management, Reuters reported.
2 min read · 04 December 2013
Networking equipment company Cisco Systems is to buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy, writes Reuters. Cisco said the acquisition of Meraki, funded by Sequoia Capital and Google, is expected to close in the second quarter of Cisco's 2013 fiscal year and is subject to regulatory approval.
2 min read · 19 November 2012
2 min read · 23 August 2012
