As Mexico looks to revamp its struggling state-run oil industry, reports say Congress has finished new policy plans to strike joint ventures with the world’s largest oil conglomerates.
According to an unnamed senior government official, Congressed finalized the plans Wednesday night and approved proposed legislation that would implement reform to end …read more
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