Capital Raising & Corporate Finance
Asia-Pacific to show most M&A activity. Healthcare, consumer goods, technology sectors to see most deal action.
Stewart Thornhill, ED, Zell Lurie Institute, University of Michigan, visited Global Finance New York office to talk about the difference between entrepreneurial ecosystem in the US and the rest of the world and how cultural issues impact entrepreneurial mindset.
The $69 billion CVS-Aetna deal points to companies working in different industry sectors looking at synergies of merging with one another for improved services, cost advantages, market dominance, profits and more.
Rapidly rising London share prices and the political uncertainty following Donald Trump’s elections have added to the interest.
CME’s bitcoin futures will be based on a “Bitcoin Reference Rate,” which the company describes as “a once-a-day reference rate” based on the US-dollar price of the coins.
Despite a spate of recent bad news for deals like AT&T-TimeWarner and Sprint-T-Mobile, 2017 will be remembered for its completed telco mergers.
The Swedish company plans to simplify company structure and cut 10 billion Krona in costs by mid 2018 by cutting jobs, divesting businesses, closing 83 sites and reviewing all existing contracts.