BY Fraser Tennant Citing major financial headwinds, US media conglomerate QVC Group – the parent company behind well-known shopping channels QVC and HSN – has filed for Chapter 11 bankruptcy protection. The filing will allow QVC to implement a restructuri... See more
BY Fraser Tennant Looking to bolster its nascent satellite business, US multinational technology company Amazon.com is to acquire mobile satellite services operator Globalstar in a transaction valued at $11.57bn. Under the terms of the definitive merger a... See more
BY Fraser Tennant US food company McCormick & Company has agreed to combine with most of the foods business of UK multinational Unilever in a cash-and-stock transaction valued at approximately $44.8bn, creating one of the world’s largest flavour-focus... See more
BY Fraser Tennant In one of the largest-ever Canadian tech takeovers, water treatment solutions company Ecolab is to acquire data centre cooling specialist CoolIT Systems for $4.75bn in cash. The acquisition accelerates Ecolab’s sales growth by significan... See more
BY Fraser Tennant In a move that creates a massive self-storage entity, self-storage company Public Storage (PSA) is to acquire its smaller rival National Storage Affiliates (NSA) in an all-stock transaction valued at approximately $10.5bn. Under the term... See more