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Mergers

M&A spikes in record third quarter as boards go on pandemic deal spree

M&A spikes in record third quarter as boards go on pandemic deal spree

By: Pamela Barbaglia, Joshua Franklin
Source: Reuters
Date of Publication: September 30th, 2020
Mergers and acquisitions came back with a bang in the third quarter as executives rushed to revisit deals left on hold at the height of the coronavirus pandemic and boardrooms regained confidence after a roller-coaster year.
Chevron picks Noble in biggest U.S. energy deal since oil crash

Chevron picks Noble in biggest U.S. energy deal since oil crash

Source: Reuters
Date of Publication: July 20th, 2020
Chevron Corp (CVX.N) said on Monday it would buy Noble Energy Inc (NBL.O) in a $5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper.
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Uber agrees to buy food-delivery service Postmates for $2.65 billion in stock

Uber agrees to buy food-delivery service Postmates for $2.65 billion in stock

By: Alex Sherman
Source: CNBC
Date of Publication: July 6th, 2020
Uber agreed to buy Postmates, the fourth-largest U.S. delivery food service, for $2.65 billion in stock. Uber had attempted to acquire GrubHub last month but talks failed. Uber’s deal for Postmates will likely draw less regulatory scrutiny than an acquisition of GrubHub.
How Uber hailed a deal with Grubhub only to let it slip

How Uber hailed a deal with Grubhub only to let it slip

By: Krystal Hu, Greg Roumeliotis
Source: Reuters
Date of Publication: June 11th, 2020
Uber Technologies Inc (UBER.N) CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc (GRUB.N) ended with the food delivery company being acquired by European rival Just Eat Takeway.com NV (TKWY.AS).
Deals will reshape industries in the time of COVID-19

Deals will reshape industries in the time of COVID-19

By: Alastair Rimmer, Christopher Temple, and Will Jackson-Moore
Source: Strategy + Business
Date of Publication: June 8th, 2020
Crisis creates business opportunities. This time, M&A activity will lead the way, and buyers will be in the driver’s seat.
Boeing backs out of Embraer merger - The Washington Post.pdf

Boeing backs out of Embraer merger

By: Aaron Greg
Source: Washington Post
Date of Publication: April 25th, 2020
Boeing has terminated a long-planned $4.2 billion deal with the Brazilian aerospace manufacturer Embraer after negotiations broke down shortly before a Friday night deadline, due to cash shortages.