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Mergers and acquisitions

The IBM-HashiCorp coupling could be more complicated than it seems

by Edgar Davis
The IBM-HashiCorp coupling could be more complicated than it seems

When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but …

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Elliott builds Anglo American stake as miner faces takeover

by Ron Morgan
Elliott builds Anglo American stake as miner faces takeover

Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told …

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TGI Fridays to go public through merger with its U.K. franchisee

by Anas Siddiqui
TGI Fridays to go public through merger with its U.K. franchisee

The TGI Fridays logo is seen on one of its restaurants in London, U.K., on May 27, 2020. John Lamparski | Lightrocket | Getty Images TGI Fridays and Hostmore, the …

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API startup Noname Security nears $500M deal to sell itself to Akamai

by Edgar Davis
API startup Noname Security nears 0M deal to sell itself to Akamai

Noname Security, a cybersecurity startup that protects APIs, is in advanced talks with Akamai Technologies to sell itself for $500 million, according to a person familiar with the deal. Noname …

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Macy’s settles proxy fight with activist Arkhouse, adds two directors

by Anas Siddiqui
Macy’s settles proxy fight with activist Arkhouse, adds two directors

Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Department store Macy’s on Wednesday said it had settled its proxy fight with real …

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UK regulators refer Vodafone’s merger with Three for in-depth probe

by Edgar Davis
UK regulators refer Vodafone’s merger with Three for in-depth probe

A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull …

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Austal confirms $1b takeover offer from South Korea’s Hanwha Ocean but calls for more ‘certainty’ on approvals

by Anas Siddiqui
Austal confirms b takeover offer from South Korea’s Hanwha Ocean but calls for more ‘certainty’ on approvals

Shipbuilder Austal has confirmed Hanwha Ocean is looking to come aboard as its new owner but says any potential takeover talks would hinge on further “certainty” from the South Korean …

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Home Depot acquiring SRS Distribution for $18.25 billion to grow pro sales

by Anas Siddiqui
Home Depot acquiring SRS Distribution for .25 billion to grow pro sales

Home Depot on Thursday said it is acquiring SRS Distribution in an $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by winning more business …

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DWAC climbs after merger with Donald Trump’s media group approved

by Vera Ward
DWAC climbs after merger with Donald Trump’s media group approved

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Digital World Acquisition Corp. soared about 25% on Monday after the approval of a merger between the shell company …

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Match adds two directors in deal with activist investor

by Edgar Davis
Match adds two directors in deal with activist investor

Nurphoto | Nurphoto | Getty Images Tinder and Hinge operator Match Group added two new directors and signed an agreement with Elliott Management, months after the activist investor was reported …

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