Deals wrap: M&A is back
Dealmaking is back on the agenda as CEOs step up the hunt for ways to put a multitrillion-dollar cash pile to work, triggering the busiest January for M&A in 11 years.
If ProLogis and AMB Property’s recently announced talks on a “merger of equals” pan out, AMB Property is likely to be the real buyer and ProLogis the target, investors and Wall Street analysts said.
Sara Lee plans to split into two separate public companies focusing on North American meats and international coffee after takeover bids it received were not enough to entice it to sell the company.
Buying Ocado, the loss-making British online grocer, would give Amazon.com the model for cutting-edge customer service it would need to crack the market for selling groceries. The question is, will it take the plunge?
LinkedIn plans to raise up to $175 million in an initial public offering, according to a regulatory filing.
Facebook is not worth $50 billion, according to a Bloomberg poll.