Tag: Mergers & Acquisitions M&A
Alfredo Altavilla’s successful comeback with the Italian state airline ITA Airways
Alfredo Altavilla The manager spent most of his professional life at Fiat. (Photo: via REUTERS) Frankfurt, Rome Alfredo Altavilla seems relieved when he talks about the takeover bid: It is…
Unilever is cutting 1,500 management jobs and planning restructuring
Job cuts at Unilever London The consumer goods group Unilever is repositioning itself and is separating from 1,500 executives. Around 15 percent of all employees in upper management are affected…
This is behind the airline’s entry into ITA
Frankfurt, Rome The Swiss shipping group MSC wants to buy the Italian airline ITA Airways – with Lufthansa as a partner at the side. Memories of the long suffering of…
“The industrial logic is convincing”
Alfredo Altavilla, Chairman of the Board of Directors of ITA Airways He worked for Fiat for almost 30 years, most recently as head of the European business. (Photo: via REUTERS)…
IBM exceeds expectations in the fourth quarter
IBM The computer manufacturer was able to please investors with the figures for the fourth quarter. (Photo: Reuters) Armonk Computer manufacturer IBM exceeded expectations for the fourth quarter. In the…
Saudis take over ESL Gaming for $1 billion
Computer players at an ESL tournament in Katowice in 2019 E-sport is no longer a niche, but has a wide reach. Munich Mega deal in the German gaming industry: The…
Hedge fund manager Nelson Peltz joins Unilever
Dusseldorf, London Unilever stock moves very little in normal times. But in the past few days, she has had a real roller coaster ride: On Monday, the price of the…
Auto parts supplier takes over robotics company Melior Motion
Munich The rolling bearing specialist Schaeffler has big plans in robotics. The Herzogenaurach group announced the takeover of Melior Motion GmbH on Monday. “We have identified robotics as a global…
Investors register interest in Lufthansa shares of the federal government
Frankfurt, Berlin The federal government’s Lufthansa share package, which is up for sale, arouses the interest of potential buyers. According to financial circles, the first investors have made inquiries with…
JP Morgan bundles three European subsidiaries in Frankfurt
Frankfurt It took a few years of planning, and now it’s official: JP Morgan is merging its three legal entities in the European Union. “With immediate effect, the units from…
Globalwafers boss is fighting for a billion-dollar takeover of Siltronic
Doris Hsu The head of Globalwafers is sticking to the takeover of Siltronic despite resistance from the Federal Ministry of Economics. (Photo: Globalwafers) Munich, Berlin Globalwafers boss Doris Hsu still…
Globalwafers boss fights for billion-dollar takeover of Siltronic
Siltronic The multi-billion dollar takeover of wafer manufacturer Siltronic by Taiwan rival Globalwafers is becoming increasingly unlikely. (Photo: dpa) Munich, Berlin Globalwafers boss Doris Hsu still considers the takeover of…
The supermarket chain Real has been completely broken up
Real branch The remaining 60 locations in the chain are changing hands again. (Photo: Real) Dusseldorf The breakup of the Real department store chain has come to an end for…
You can’t do it without your own device
Train from Flixtrain in Berlin Deutsche Bahn’s rival wants to invest a billion euros in new trains. (Photo: imago images/Sabine Gudath) Flixmobility is breaking with its basic business model: the…
Investors trust Lufthansa again more
Frankfurt Anyone looking at the stocks of Europe’s airlines these days will find the astonishing: This is a success, especially for Lufthansa. Not even two years ago, Europe’s largest airline…
Flixmobility wants to buy trains for one billion euros
Frankfurt According to financial circles, the mobility start-up Flixmobility is preparing the possible purchase of new trains worth around one billion euros. Flixmobility is in early discussions with banks and…
Flixmobility wants to buy trains for one billion euros
Frankfurt According to financial circles, the mobility start-up Flixmobility is preparing the possible purchase of new trains worth around one billion euros. Flixmobility is in early discussions with banks and…
A satellite deal becomes a farce – and Telekom joins in the fight
Dusseldorf High hopes and allegations of fraud, lawsuits against the government and seized earnings overseas: Sounds like a business thriller, but it’s all part of the multi-billion dollar saga surrounding…
Microsoft’s Monsanto moment
Microsoft buys Activision Blizzard Economically correct, but with a risk that is difficult to calculate. (Photo: dpa) If a company spends almost 70 billion dollars, the company knows what it…
The bad apple in the billion dollar deal between Activision and Microsoft
Bobby Kotick Because of the many scandals in his company, the manager is under public pressure. (Photo: imago/ZUMA Press) san francisco Bobby Kotick’s life’s work got a surprisingly big price…