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Mergers and acquisitions

Intel has hired Morgan Stanley to defend against activists: sources

by Adrian Jhonsan
Intel has hired Morgan Stanley to defend against activists: sources

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel is working with …

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7-Eleven buyout deal likely to face anti-trust issues: Retail analyst

by Adrian Jhonsan
7-Eleven buyout deal likely to face anti-trust issues: Retail analyst

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024.  Bloomberg | Bloomberg | Getty Images Circle K operator Alimentation Couche-Tard’s …

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Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

by Adrian Jhonsan
Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

An employee prepares a hot dog at a Portillo’s restaurant in Chicago, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images Activist investor Engaged Capital has built a nearly …

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Why Italy could see big M&A deals in banking

by Adrian Jhonsan
Why Italy could see big M&A deals in banking

Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for bigger banks across the continent. …

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Alphabet partnership with AI firm Anthropic probed by UK regulator

by Adrian Jhonsan
Alphabet partnership with AI firm Anthropic probed by UK regulator

In this photo illustration, the Alphabet Inc. logo seen displayed on a smartphone screen and the Google logo in the background.  Jaque Silva | Lightrocket | Getty Images Britain’s competition …

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Lineage begins trading in stock market’s largest IPO of 2024

by Adrian Jhonsan
Lineage begins trading in stock market’s largest IPO of 2024

Lineage, the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, rose by as much as 5% in its Nasdaq Stock Market debut on Thursday, after going public under …

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Google-Wiz deal fizzles out, company will pursue IPO

by Adrian Jhonsan
Google-Wiz deal fizzles out, company will pursue IPO

Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Images Wiz has walked away from …

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Elliott has Starbucks stake, in talks with management: WSJ

by Adrian Jhonsan
Elliott has Starbucks stake, in talks with management: WSJ

A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to …

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Hinge operator Match Group fix itself or go private

by Adrian Jhonsan
Hinge operator Match Group fix itself or go private

Jeff Smith, chief executive officer of Starboard Value LP, speaks during a Bloomberg Television interview in New York, U.S. Christopher Goodney | Bloomberg | Getty Images Starboard Value has amassed …

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Stellar Blade maker Shift Up surges almost 50% on IPO

by Adrian Jhonsan
Stellar Blade maker Shift Up surges almost 50% on IPO

Hyung-Tae Kim, chief executive officer of Shift Up Corp., strikes the drum during the company’s listing ceremony at the Korea Exchange (KRX) in Seoul, South Korea, on Thursday, July 11, …

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