Merger Arbitrage Blog

Category: Mergers

List of Bass Pro and Cabela Stores in U.S. For Merger Analysis

FTC had requested a second information request from Bass Pro and Cabela regarding the outdoor equipment vendors' merger. This process will usually delay the merger up to another 3 months. 🇺🇸 FTC seeks new info on Cabela's-Bass Pro deal. — Neil Saunders (@NeilRetail) January 3, 2017   Why did FTC ask for more information? […]

Walgreens Rite Aid New Merger Terms Worse Off For Investors

Walgreens delays Rite Aid deal again, cuts offer price via @Reuters — MergerPie (@mergerpie) February 1, 2017 The new deal terms add uncertainty: 1. Buyer does not show enough commitment for the deal to go through. Revising terms of a merger deal is always bad, especially when Rite Aid’s business did not deteriorate materially. […]

Walgreens-Rite Aid Merger Roller Coaster Analysis

Last Friday on the 20th Jan, many investors were waiting for the FTC to give their final blessings to the long awaited merger between the 2nd and 3rd largest pharmacy chain stores in the U.S., anticipating that the outgoing FTC commissioners would want to give a decision before the Trump administration comes in. But sometimes […]

Agrochemical Mega-Tieups Updates on Merger Progress

ChemChina and Syngenta had submitted concessions to EU commission according to EU antitrust filings and major news reports. According to sources indicated in the Reuters News report, the concessions are likely to be minor and less than $500 Million in value. These concessions will be addressing products which had little competition in addition to commitments […]

Australian Regulators Approved ChemChina-Syngenta Merger

Below are the approval text from the Australian Competition and Consumer Commission: The Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition by China National Chemical Corporation’s (ChemChina) of Syngenta AG (Syngenta). “The ACCC found that ChemChina would continue to face competition in the supply of crop protection products from a range of […]

Replies to Questionaire from CADE regarding ChemChina-Syngenta Merger

The Brazilian Antitrust authority – CADE is currently probing the ChemChina-Syngenta merger. In order to understand and test if the merger is anti-competitive in the Brazilian market, CADE had sent out questionaires to agricultural chemical suppliers, distributors and end-users. We can learn alot about the agricultural chemical market from the reply and deduce the chances […]

Media Predicts Intense Regulatory Scrutiny for AT&T-Time Warner Merger

As the dust settled following the annoucement of AT&T and Time Warner’s mega merger, leading media publications are coming out with their opinion pieces. Below are some of them. The New York Times’s Leslie Picker and Cecilia Kang wrote that : AT&T and Time Warner may face a sterner scrutiny than the Comcast-NBCUniversal merger. The combination will form a new […]

ChemChina-Syngenta Merger Regulatory Approval Updates

Updates on ChemChina-Syngenta merger’s regulatory approval processes throughout the world that I am aware of: Already Approved Committee on Foreign Investment in the U.S., or CFIUS approved on 22nd Aug 2016. Common Market For Eastern And Southern Africa, or COMESA approved on 30th Sep 2016. See Link. Submitted For Approval Administrative Council for Economic Defense […]

ChemChina Syngenta Merger Smooth Sailing After CFIUS Clearance?

ChemChina’s acquisition of Syngenta was viewed with skeptism because of national security issue. CFIUS was not shy to deny mergers based on national security issues on sensitive industries such as semiconductors and food, especially when the buyer is from China. Syngenta’s products are considered to be vital to food security of the United States, and […]

NYSPSC recommends Altice merger condition

The New York State Public Service Commission Advisory just released their recommendations on merger conditions for Altice Cablevision merger.     $CVC New York Panel Recommends Approval of Altice-Cablevision Deal via @technology — MergerPie (@mergerpie) May 23, 2016 Advisory staff of New York State Public Service Commission recommends imposing conditions on merger approval like […]

Shire-Baxalta Merger Analysis

Amids the crackdown on tax inversions, Shire PLC reiterated that the Dublin based company still expects to close the acquistion of Baxalta sometime in the middle of the year. However, the completion of the merger is likely to hang in the balance due to major uncertainties – the tax-free spinoff status of Baxalta from Baxter […]

Predator To Prey: Monsanto Rumored To be Merger Target By Bayer

After last year’s failed bid for Sygenta in its quest to become an agricultural giant, Monsanto now finds itself under the sights of Bayer. Monsanto rockets higher as Bloomberg reports Bayer considering bid #premarket $MON $BAYZF $BAYRY $BASFY — Stocks On The Move (@StocksMove_SA) May 12, 2016   Information provided on this website is […] © 2016 Frontier Theme