‘Merger Monday’ spree signals revival of deals since Trump victory

  • 📰 FT
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

US companies ink more than $35bn in transactions as election sends jolt of enthusiasm through industry

US companies forged more than $35bn in deals on Monday, marking the clearest surge in dealmaking confidence since Donald Trump’s election victory. Four transactions were announced on Monday, including Omnicom’s $13bn all-share acquisition of rival advertising group Interpublic and Apollo Global-owned packaging manufacturer Novolex’s $7bn deal for Pactiv Evergreen.

announced a deal to sell insurance brokerage AssuredPartners to a publicly listed competitor, Arthur J Gallagher for $13.5bn, in one of the year’s largest asset sales. GTRC had been studying raising a so-called “continuation fund” to sell a stake in the brokerage between funds it managed, but halted that effort when a buyer for the whole company emerged over the past five weeks, according to people briefed on the matter.

investors in the 2019-era fund that acquired the brokerage will see a return of about 2.5 times their original equity investment, the sources said. declined to comment. Private equity buyers have also benefited from a recent flood of money into credit funds, which has caused premiums investors demand to buy risky debt to fall to near record low levels, making acquisitions easier to finance.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 113. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Liberty’s John Malone calls for media merger wave under Donald TrumpBillionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriate
Herkunft: FT - 🏆 113. / 51 Weiterlesen »

Rosneft Denies Reports of a Russian Oil Industry Mega-MergerRosneft denies media reports about a potential mega-merger between Russia's biggest oil companies, calling them a tactic to gain market advantage.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »