Mergers News Updates

BusinessLogisticsFor-HireTop 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

January 8, 2025
BusinessFuel

Hess Confident of Arbitration Win Against Exxon

Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

January 7, 2025
GovernmentBusinessEquipmentSafety

Nippon Steel Offers Biden Veto Power to Win US Steel Deal

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

January 2, 2025
BusinessEquipment

Nissan Shares Plunge as Honda Tie-Up Details Emerge

After initially soaring more than 60% since Dec. 17, a day before news of the deal broke, the stock tumbled on Dec. 27 as investor focus turned to the starting ratio for a Honda-Nissan tie-up.

December 30, 2024
GovernmentBusiness

Nippon Steel’s Growth Strategy Murky After Likely US Block

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.

December 16, 2024
GovernmentBusinessPrivate

Albertsons Sues Kroger for Failing to Secure Merger

Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.

December 11, 2024
GovernmentBusinessPrivateTop 100

Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge

A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.

December 10, 2024
BusinessPrivateTop 100

Mondelez’s Takeover of Hershey Would Rank as Top 2024 Deal

Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.

December 10, 2024
BusinessTechnologyEquipmentLogistics

FreightVana Buys Brokerage Operations of Loadsmith

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

December 9, 2024
GovernmentBusinessPrivateTop 100

Washington State Moves to Block Albertsons-Kroger Deal

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

September 16, 2024