Daily News for Dealmakers
Euromoney, a publisher and information company listed on the London Stock Exchange, said on Monday that it has received a £1.6 billion ($2 billion) cash buyout offer from a private equity consortium made up of Astorg and Epiris.
Severance Lawsuit Implications: Elon Musk faces a significant legal battle over unpaid severance to former Twitter employees, setting a precedent for corporate accountability in tech acquisitions....
Diplomatic Tensions: Japanese PM Shigeru Ishiba urges US President Biden to address concerns over blocked $14.9B Nippon Steel-US Steel merger deal amid strained bilateral relations. National...
Strategic Rationale: Nippon Steel's $14.9 billion acquisition of U.S. Steel aims to bolster its Western market presence and strengthen economic ties between the U.S. and Japan. Investments and...
Legal Implications: Musk's legal team may argue that ERISA does not apply to Twitter's post-acquisition severance arrangement, potentially dodging some claims. Precedent Setting: The outcome could...