Deal announcements reached their highest level in the past five years and represent the fourth consecutive quarter of increased activity
Advisory firm says Chicago-based PrivateBankcorp’s earning power as a stand-alone company appears to be growing
But a shift to more strategic deal making should underpin insurance executives’ rationale if they want deals to pay off in the long run, new KPMG report suggests
The deal is now valued at US$4.9 billion, a 20% increase in value compared from the initial offer delivered in June 2016
The U.S. bank’s special meeting for shareholders to vote on the acquisition is now expected to be held on or about May 4
The deal will create Britain’s largest asset manager and the merged firm expects to cut costs by about 200 million pounds
The total number of deals increased in Q4 and in 2016, overall, and the outlook for M&A remains steady
The energy, industrials and financial services sectors are expected to lead the increase in dealmaking, suggests a new report
The merger of Fédération des caisses Desjardins du Québec and Caisse centrale Desjardins is expected to become effective on Jan. 1, 2017 following regulatory approval
A total of 16 deals worth $1 billion or more represented a combined value of $115.4 billion