Permira and Blackstone are exploring a potential IPO for Mobile.de, aiming for a valuation of around 10 billion euros by 2026 Permira and Blackstone Consider Multi-Billion-Euro IPO for Mobile.de London: So, here’s the scoop. Permira and Blackstone are thinking about taking Mobile.de public. They’re eyeing a multi-billion-euro IPO, and it could happen as soon as…
Commerzbank criticizes UniCredit’s actions as aggressive, claiming no talks have occurred in two years despite UniCredit’s assertions. Commerzbank Calls UniCredit’s Approach Hostile and Unilateral Frankfurt: So, Commerzbank is really not happy with UniCredit right now. They just called UniCredit’s approach for a potential merger “hostile.” Apparently, they haven’t even talked in the last two years,…
A recent EY survey reveals CEOs are optimistic about increased deal-making in 2025 after Trump’s election. CEOs Anticipate Surge in Mergers and Acquisitions Following Trump’s Re-election Davos: So, there’s this survey from EY that’s got everyone buzzing. CEOs are feeling pretty good about 2025. They think there’ll be a lot more mergers and acquisitions, especially…
Venture Global LNG faces investor skepticism, prompting a significant cut in its IPO valuation ahead of its market debut. Investors Hesitate on Venture Global’s Earnings Outlook, Leading to IPO Price Cut Arlington: Venture Global LNG is having a tough time with its IPO. Investors are not too keen on the company’s earnings outlook, which led…
Trump’s proposed tariffs on Mexico could significantly impact trade and the economy, raising concerns about recession and inflation. What Would Trump Tariffs Mean for Mexico’s Economy and Trade Relations Mexico: So, here’s the scoop. Trump is thinking about slapping a hefty 25% tariff on goods coming from Mexico starting February 1. Analysts are saying this…
Tennessee has reached a settlement with BlackRock regarding misleading ESG investment statements BlackRock Settles Lawsuit With Tennessee Over ESG Investment Claims Nashville: So, Tennessee just settled a lawsuit with BlackRock. They accused the big investment firm of misleading folks about its ESG strategy. The state’s Attorney General, Jonathan Skrmetti, said this deal ensures that the…
US energy companies have cut oil and gas rigs to their lowest count since late 2021, according to Baker Hughes’ latest report. US Drillers Reduce Oil and Gas Rigs to Lowest Level Since December 2021 New York: So, it looks like U.S. energy companies are really tightening their belts. This week, they cut the number…
As tech stocks stall, other sectors like energy and materials are driving market gains in early 2025 Stalled Tech Stocks Allow Other Sectors to Propel Market Gains New York: So, it looks like the market is shifting gears a bit. The tech giants that usually steal the spotlight are taking a backseat. Instead, other sectors…
Traders are shifting their Treasury futures bets following recent inflation data and comments from a Fed official about potential rate cuts Treasury Futures Traders Adjust Positions Amid Fed Rate Cut Speculation New York: Futures traders are making some big moves in the Treasury market. This comes after some pretty calm inflation data and a Fed…
Generali is set to buy a majority stake in MGG Investment Group to boost its private asset business Italy’s Generali to Acquire US Credit Investment Firm MGG for $320 Million New York: So, here’s the scoop. Generali, the Italian insurance giant, is buying a big chunk of MGG Investment Group, a credit investment firm based…
