Recent Posts

World’s best consumer finance firms to gain from India vote

Bloomberg Indians increase purchases of refrigerators and TV sets around election time as the government puts more money in the hands of voters, which stands to benefit some of the world’s most profitable consumer finance companies. Prime Minister Narendra Modi is following his predecessor in boosting spending before polls due early 2019, a practice that has sparked surges in stocks ...

Read More »

Deal-hungry companies hang on judge’s word as AT&T ruling looms

Bloomberg It’s the $85 billion question that could hold the key to how mega deals are made for years to come. When US District Judge Richard Leon hands down his decision on AT&T Inc.’s proposed takeover of Time Warner Inc. next week, the likes of Comcast Corp., Verizon Communications Inc., Cigna Corp. and CVS Health Corp. will be watching keenly. ...

Read More »

Fortive to buy J&J’s sterilisation unit for $2.7bn

Bloomberg Fortive Corp. will buy Johnson & Johnson’s medical sterilisation unit for $2.7 billion, adding a range of new products to the company that was spun off from medical and industrial parts giant Danaher Corp. in 2016. J&J’s Advanced Sterilisation Products business had sales of about $775 million last year, Fortive said in a statement announcing the transaction. For J&J, ...

Read More »
Send this to a friend