Just two years after US drugstore giant Walgreens acquired a 45 percent stake in Switzerland-based Alliance Boots for $11.3 billion, reports say Walgreens is now pursuing the rest of the overseas rival.
Walgreens has inked a deal worth about $9.4 billion to takeover the remaining 55 percent stake in Boots.
UK-based Allen …read more
The European Commission has set a deadline to rule on proposed acquisitions of assets in Germany and Italy by broadcasting giant BSkyB, reports say.
The Commission announced Thursday it would rule on the deals by September 11. BSkyB is planning on acquiring pay-TV units in the EU nations in a $9 …read more
Twenty-First Century Fox has reportedly set a record in its failed acquisition of Time Warner.
According to reports, the cancelled merger is the second-largest merger ever to end in cancellation. Capital IQ had valued the transaction at $98 billion.
That figure is second only to MCI Worldcom’s cancelled buyout plans to take …read more
Soon after reports emerged that third-place US wireless operator Sprint would no longer pursue an acquisition of its smaller rival T-Mobile, Iliad is reportedly preparing for a renewed offer.
Iliad had reportedly submitted a bid to acquire a stake in T-Mobile for $15 billion. Unnamed sources say that with Sprint out …read more