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Five biggest deals in corporate history

2015-10-13 12:35:15| IT Services - Topix.net

Mega-merger fever is back seven years after the financial crisis, with the blockbuster buyout of British brewer SABMiller by Budweiser-maker Anheuser-Busch InBev. 1. The world's biggest merger and acquisition deal remains British telecom company Vodafone's purchase of Germany's Mannesmann for $172 billion including debt, in 1999.

Tags: history corporate deals biggest

 

After Dell's $67B EMC deal, here are the 5 biggest tech acquisitions of all time

2015-10-13 09:29:42| IT Services - Topix.net

Earlier today, Dell officially announced that it plans to acquire data storage giant EMC in a deal worth $67 billion . To say that the deal is big would be something of an understatement - it is the single largest tech-only acquisition of all time, and worth more than the next four acquisitions combined.

Tags: of all time tech

 
 

Abercrombie is making major changes to fix its biggest crisis yet

2015-10-09 19:34:06| Apparel - Topix.net

Part of that transformation includes identifying who the target customer is - especially now that it has softened its frat boy image. ur customer used to hang out at the mall," Abercrombie's senior Vice President of digital and e-commerce, Bill May, said at the 2015 Shop.Org Digital Summit, via Digiday.

Tags: making yet major fix

 

New Jersey Transit Biggest Loser Under Amtrak Cost-Share Plan

2015-10-09 09:39:53| Railroads - Topix.net

Amtrak is quietly billing railroads in nine East Coast states more than $500 million starting this month, with the brunt born by cash-strapped The Garden State's mass-transportation agency must put $199.2 million toward the national rail service's operating and capital expenses, according to documents obtained by Bloomberg. The hit increases the likelihood of another budget shortfall just a week after New Jersey Transit raised fares 9 percent to generate $56 million.

Tags: plan jersey biggest transit

 

CORRECT: NZ's biggest companies may face 'compliance burden'

2015-10-06 01:31:53| Food - Topix.net

Fonterra Cooperative Group is likely to be among some 20 New Zealand companies left dealing with increased red tape to comply with wide-ranging reforms to corporate tax rules proposed by the Organisation for Economic Cooperation and Development and expected to be endorsed by the world's 20 most powerful nations. The OECD/G20 Base Erosion and Profit Shifting project is targeting global tax losses estimated at US$100 billion to US$240 billion a year, or between 4 percent and 10 percent of global corporate tax revenue.

Tags: companies face correct compliance

 

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