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M&A

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Why Capital One-Discover Merger Is A Threat To Visa, Mastercard: Creation Of New Credit Card Giant

By Neil Dennis
February 20, 1:51 PM
$35B takeover of Discover by Capital One creates US' biggest credit card operator. Synergies drive deal, but regulatory hurdles possible.

AXP

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1 minute read
  • M&A

Cintas Acquires Kentucky’s SITEX, A Supplier Of Uniform And Facility Service Programs; No Financial Terms Disclosed

By Benzinga Newsdesk
February 20, 1:24 PM
The business services leader continues to expand its footprint with its latest acquisition.Cintas Corporation (NASDAQ:CTAS) has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service

CTAS

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  • Asset Sales
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Universal Music Group, And Dundee Partners, The Investment Office Of The Hendel Family, Today Announced That UMG Will Acquire A 25.8% Interest In Chord Music Partners For $240M

By Benzinga Newsdesk
February 20, 1:17 PM
Joins with Dundee Partners to form long-term strategic partnership for management and acquisition of world-class music IPUMG to globally administer publishing and distribute recordings for Chord's existing catalogs, with

KKR

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‘Occidental Explores $18B-Plus Sale Of Western Midstream, Sources Say’ – Reuters News

By Benzinga Newsdesk
February 20, 1:06 PM
https://www.reuters.com/markets/deals/occidental-explores-18-bln-plus-sale-western-midstream-sources-say-2024-02-20/  

OXY

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JD.com Sets Sight on Currys Acquisition to Spearhead European Expansion Amid Home Turf Rivalry

By Anusuya Lahiri
February 20, 12:55 PM
JD.com considers acquiring Currys to expand into Europe and introduce European products to China. JD faces March 18 deadline for offer.

BABA

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  • M&A

Marsh McLennan Agency To Acquire Querbes & Nelson And Louisiana Companies; Terms Were Not Disclosed

By Benzinga Newsdesk
February 20, 11:31 AM
Doubles presence in LouisianaMarsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and

MMC

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Why Discover Financial Services Shares Are Seeing Blue Skies Tuesday

By Lekha Gupta
February 20, 10:57 AM
Discover Financial Services shares surge as Capital One Financial acquires it, offering premium to shareholders. Synergies and accretion expected to boost market position and strengthen balance sheet.

COF

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Why VIZIO Holding Shares Are Rocketing Premarket Tuesday

By Lekha Gupta
February 20, 10:29 AM
VIZIO shares surge premarket as Walmart agrees to acquire them for $2.3 billion, expecting to enhance customer experiences and media business.

VZIO

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Walmart Q4 Performance: Revenue And EPS Surprise, Dividend Hike, VIZIO Buyout And More

By Anusuya Lahiri
February 20, 10:21 AM
Walmart reported strong Q4 results, with net sales up 5.7% to $173.39B and EPS beating consensus. The company also announced a dividend increase and plans to acquire VIZIO. FY25 outlook shows continued growth.

VZIO

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1 minute read
  • M&A

LyondellBasell Acquires Mechanical Recycling Assets And Plans Operations In California; No Financial Terms Disclosed

By Benzinga Newsdesk
February 20, 9:41 AM
LyondellBasell (NYSE:LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader and waste management

LYB

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