PharmEasy-Medlife Merger May Hit CCI Hurdle As Chemist Association Protest

PharmEasy-Medlife Merger May Hit CCI Hurdle As Chemist Association Protests

The deal can lead up to $250 Mn, leading to a $1 Bn-valued entity The merger will raise issues on the account of horizontal and vertical overlaps, says SCDA The govt is looking to regulate the epharmacies segments since 2018 The Covid-19 pandemic has positively impacted the telemedicine and epharmacy segment. Over the last few … Read more PharmEasy-Medlife Merger May Hit CCI Hurdle As Chemist Association Protest

Factbox: The Caixabank And Bankia Merger In Numbers

Eying A Shale Rebound, Liberty Oilfield Strikes Deal With Schlumberger

MADRID: Caixabank and state-owned Bankia on Friday announced the details of a merger to create Spain’s biggest domestic bank by assets. Following are some key figures: FINANCIAL TERMS – Caixabank offered 0.6845 shares for every share in Bankia, valuing the state-controlled lender at 4.3 billion euros. – Caixabank … Read more Factbox: The Caixabank And Bankia Merger In Numbers

PMC Bank, Hit By Fraud, Seeks Merger With Other Banks: Report

NDTV News

Fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from a big borrower have been disrupted by the coronavirus pandemic, the bank’s administrator said in a court filing seen by Reuters. Authorities started investigating Punjab and Maharashtra Co-operative Bank (PMC) for fraud last year and the … Read more PMC Bank, Hit By Fraud, Seeks Merger With Other Banks: Report

Fraud-hit PMC Banks Approaches Banks Over Possible Merger, Reveals Report

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India’s fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from a big borrower have been disrupted by the coronavirus pandemic, the bank’s administrator said in a court filing seen by Reuters. Authorities started investigating Punjab and Maharashtra Co-operative Bank (PMC) for fraud last year … Read more Fraud-hit PMC Banks Approaches Banks Over Possible Merger, Reveals Report

Caixabank, Bankia Reach Merger Agreement In Principle, Call Board Meetings

Eying A Shale Rebound, Liberty Oilfield Strikes Deal With Schlumberger

MADRID: Spanish lenders Bankia and Caixabank called board meetings for Thursday to approve the terms of a proposed merger after reaching an agreement in principle on the deal, one source with direct knowledge of the matter told Reuters. Two other sources familiar with the negotiations had said earlier on Wednesday that the lenders’ main … Read more Caixabank, Bankia Reach Merger Agreement In Principle, Call Board Meetings

Opendoor To Go Public In Social Capital Merger In $4.8 Billion Deal

Eying A Shale Rebound, Liberty Oilfield Strikes Deal With Schlumberger

Opendoor Labs Inc, the home-selling platform backed by SoftBank Group , said on Tuesday it has agreed to go public through a merger with a blank-check company led by venture investor Chamath Palihapitiya in a deal that will value the company at $4.8 billion. Opendoor buys properties from sellers and makes repairs, at a … Read more Opendoor To Go Public In Social Capital Merger In $4.8 Billion Deal

Fiat Chrysler Shares Boosted By PSA Merger Deal Revision

GM alleged FCA bribed UAW officials over many years to corrupt the bargaining process and gain advantages

Under the revised terms, FCA will cut from 5.5 billion euros ($6.5 billion) to 2.9 billion euros the cash portion of a special dividend its shareholders are set to receive on conclusion of the merger. By  Reuters | Published: 4 hours ago   Views View Photos FCA and PSA said they had amended the accord … Read more Fiat Chrysler Shares Boosted By PSA Merger Deal Revision

Fiat Chrysler Automobiles And Groupe PSA Amend Merger Terms To Conserve Cash

Both, PSA and FCA have also stepped up the promised levels of cost cutting during the pandemic

FCA and Groupe PSA aim to reinforce the balance sheet structure of both companies after the COVID-19 crisis and ensure that the merger plan is concluded as soon as possible. By  Reuters | Published: 14 hours ago   Views View Photos Both, PSA and FCA have also stepped up the promised levels of cost cutting … Read more Fiat Chrysler Automobiles And Groupe PSA Amend Merger Terms To Conserve Cash

Vodafone Idea To Rebrand As Vi 3 Years After Mega Merger

NDTV News

Vodafone Idea is a joint venture between Britain’s Vodafone and Idea Cellular New Delhi: Vodafone Idea said on Monday it plans to rebrand itself as the debt-ridden telecoms carrier, which has been losing customers, looks to change its image three years after it announced the biggest merger in India’s telecoms market. On Friday, the loss-making … Read more Vodafone Idea To Rebrand As Vi 3 Years After Mega Merger

Samsung Leader Jay Y. Lee Indicted In South Korea On Allegations Linked To 2015 Merger

Samsung Leader Jay Y. Lee Indicted In South Korea On Allegations Linked To 2015 Merger

SEOUL: South Korean prosecutors indicted the Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s most valuable companies. Lee, who has already served jail time in connection with a separate … Read more Samsung Leader Jay Y. Lee Indicted In South Korea On Allegations Linked To 2015 Merger