Busy Week for M&A Activity Among Global 5000 Companies
Led by the announcement from JSW Steel that they agreed to buy thyssenkrupp Electrical Steel India, there were more than 20 M&A announcements last week. Here’s the details: The Global 5000 Company Announcements BASIC MATERIALSJSW Steel to Acquire thyssenkrupp Electrical Steel India via JV BUSINESS SERVICESGenesys Announces Confidential Submission of Draft Registration Statement Related to […]
Merger of Vitesco Technologies Group AG into Schaeffler AG successfully completed
Schaeffler AG has successfully completed the merger with Vitesco Technologies Group AG (“Vitesco”) that was announced almost a year ago. The Global 5000 Company Announcements BASIC MATERIALSPPG Reaches Agreement to Sell Architectural Coatings U.S. and Canada Business Aperam Signs Definitive Agreement to Acquire Universal Stainless & Alloy Products, Inc BUSINESS SERVICESADP Acquires WorkForce Software FINANCIAL SERVICESCrédit […]
Weekly Global 5000 M&A Activity
There were another 15 M&A and spin-off announcements this past week by Global 5000 companies including: AUTO & TRUCKSHyundai Motor India Limited IPOTenneco Announces Agreement to Divest Öhlins to Brembo BASIC MATERIALSNippon Steel Agrees to Sell Its Interest in Calvert to ArcelorMittal BUSINESS SERVICESBureau Veritas Acquiring IDP Group CONSUMER, PERSONAL HOUSEHOLD GOODSVista Outdoor Strikes Deal […]
Q3 2024 updates for Global 5000 Database
We have completed our database updates for Q3 2024, completing 1400 updates and here’s a snapshot of what we are seeing at the mid-year point: During Q3 2024, 33 new companies were added to the Global 5000 Currently, the Global 5000 companies report revenue exceeding $76.8 trillion. They employ over 171 million people. The average revenue per employee […]
Jacobs Completes a Spin-off & a Merger with Amentum
Jacobs announced the completion of the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses and merger with Amentum Parent Holdings LLC, forming an independent, publicly traded company called Amentum Holdings, Inc. The combination creates a government advanced engineering and technology solutions business.Spin-off & Merger ● Construction & Business Services ● North America Additional Announcements BUSINESS SERVICESOmnicom Acquires […]
Alaska Airlines Completes Acquisition of Hawaiian Airlines
Alaska Air Group, Inc. announced it has completed its acquisition of Hawaiian Holdings, Inc., a combination that expands guests’ access to domestic and international destinations, including through the Oneworld Alliance and a network of global partners, and offers a guest experience through two brands with legacies serving local communities.Acquisition ● Transportation ● North America Additional […]
What Data Will AI Search Tools Return?
Anything related to AI is everywhere we turn these days including AI search tools. Like everyone else, we’ve experimented and have a nagging question: what data gets returned from the search? The results are only as good as the data sitting out on “the web” – and therein lies a big challenge. The Global 5000 consists of […]
Liberty Media & Sirius XM Complete Split-Off and Merger
Liberty Media Corporation and Sirius XM Holdings Inc. announced that they completed the split-off of Liberty Sirius XM Holdings Inc. As a result of these transactions, New Sirius is now an independent public company separate from Liberty Media, and has been renamed Sirius XM Holdings Inc.Spin-off & Merger ● Publishing & Media ● North America Additional Announcements […]
Verizon is Buying Frontier Communications
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communications Inc. said that the acquisition will also shore up its foray into artificial intelligence as well as connected smart devices.Acquisition ● Telecommunications ● North America Additional Announcements BUSINESS SERVICESSafran Announces Acquisition of AI-firm PreligensBureau Veritas Acquires ArcVera Renewables CONSUMER, PERSONAL […]
ONEOK to Acquire Medallion and Controlling Interest in EnLink
ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 BillionONEOK, Inc. announced it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire GIP’s entire interest in EnLink Midstream, LLC, consisting of 43% of EnLink’s outstanding common units for $14.90 per unit and 100% of […]