Dell targets EMC:
$66 billion
Dell confirmed the acquisition of data storage company EMC
for $33.15 per share in October 2015. The deal passed the
regulator in February 2016 and, once completed, will make
the combined entity the largest privately-held technology
company, as stated by EMC in a related statement.
Energy Transfer Equity targets Williams:
$56 billion
After failing to reach a deal with an initial offer of $48 billion in
June 2015, the two energy companies achieved an agreement
in late September of the same year. The deal would have
formed the world’s largest energy group, however the future of
the acquisition became increasingly uncertain in the wake of
plummeting oil prices and tax issues. The deal was called off by
Energy Transfer Equity on the 29th of June, 2016.Heinz targets Kraft Foods:
$55 billion
H.J. Heinz and Kraft Foods announced the merger in March
2015 and named the combined organisation the Kraft Heinz
Company. The merger will create the world’s fifth largest
food and beverage company. The deal was orchestrated by
3G Capital, one of the most active private equity firms in the
industry which also took Heinz private in 2013, and Warren
Buffett’s Berkshire Hathaway Inc.
Anthem targets Cigna:
$48 billion
The merger between the two insurance companies would create
a mega-sized insurer with 53 million customers. But the deal
has come under lots of scrutiny after it was announced in late
July 2015. The tie up is being reviewed by the US Department
of Justice which has concerns regarding unfair competition.
The review means the completion of the deal was increasingly
uncertain at time of publication.
Cheung Kong Holdings targets Hutchison
Whampoa:
$45 billion
Hong Kong’s leading multinational conglomerate Cheung
Kong Holdings acquired its subsidiary Hutchison Whampoa’s
remaining 50.035% interest for $45.4 billion making this the
largest ever deal in Asia outside of Japan. Both companies
operate in various industries including telecommunications,
real estate and hospitality.
Source: Reuters, Press Releases, MergerMarket.