Microsoft announced the acquisition of Deis on April 10, 2017. Deis is an open source cloud company known for its container technology.
Both Swift Transportation (SWFT) and Knight Transportation (KNX) expect their proposed merger to be accretive to their adjusted earnings per share.
The combination of Swift Transportation (SWFT) and Knight Transportation (KNX) will likely result in the largest truckload company in North America.
The announced deal between Swift Transportation (SWFT) and Knight Transportation (KNX) brings together two major truckload operators.
The proposed merger of Swift Transportation and Knight Transportation seeks to combine two of North America’s major truckload transportation companies under a common ownership.
On April 10, 2017, the North American trucking sector woke up to the ringing of merger bells. Major truckload carriers Swift Transportation and Knight Transportation announced that they would combine.
BHP is trading at a 25% discount to its historical average multiple. Along with iron ore prices, oil prices have also driven BHP’s valuation.
The third element of Elliott Funds’ “value unlock” plan for BHP Billiton (BHP) (BBL) is the adoption of a policy of consistent and optimized capital returns to shareholders.
In this article, we’ll take a look at analysts’ takes on each of the three proposals floated by Elliott Funds for unlocking value for BHP Billiton (BHP) (BBL).
Another suggestion raised by Elliott Funds was the demerging and separate listing of BHP Billiton’s US petroleum business on the New York Stock Exchange (or NYSE) (SPY) (SPX).
Elliott Funds has proposed unifying BHP Billiton’s (BHP) (BBL) dual-listing structure into a single Australian-headquartered and Australian tax resident–listed company.
In an open letter dated April 10, 2017, Elliott Funds proposed three main changes for BHP Billiton. Elliott holds a 4.1% stake in BHP.
Toshiba (TOSYY) has been looking to spin off its semiconductor business, which manufactures flash memory chips used in smartphones and cameras.
In this article, we’ll discuss Whole Foods’ financial performance to better understand what prompted Jana to consider strategic alternatives for the company.
Whole Foods Market stock (WFM) spiked as much as 10% on April 10, 2017, after activist investor Jana Partners disclosed its 8.3% stake in the company.
Apache’s cash flow In 4Q16, Apache (APA) reported CFO (cash flow from operations) of $796 million, ~22% higher than its CFO in 3Q16. Apache’s free cash flow trends Apache’s FCF…
On March 21, 2017, at the Citi European & Emerging Telecoms Conference, Neville Ray, T-Mobile’s chief technology officer, resurrected the idea of a possible merger.
Sunoco LP’s (SUN) retail business will become a small part of its overall offering following the completion of its announced convenience store divestitures.
On April 6, 2017, Sunoco (SUN) announced the sale of 1,110 convenience stores to 7-Eleven in a deal valued at $3.3 billion.
MLPs had a good start to 2017 in terms of M&A activity. The sector saw deals amounting to $27.6 billion in the first two months of the year.