General Motors is Close to a Deal on Opel

After appearing to be close to falling apart, a deal between General Motors and PSA Group for PSA to acquire GM’s European operations seems to be close. The two sides were having difficulty over the resolution of $10 billion in pension liabilities that Opel currently has as well as agreements on competing with General Motors in areas outside of More...

by David Duncan | Published 2 months ago
By David Duncan On Tuesday, February 21st, 2017
0 Comments

Kraft Gives Up on Unilever while Restaurant Brands Buys Popeye’s

After getting a cool reception to its proposed merger with Unilever, Kraft decided to abandon its plans to buy the company for $50 per share. In a joint press release the two companies said the agreement to abandon More...

By Benjamin Comston On Saturday, February 18th, 2017
0 Comments

Kraft Heinz Targeting Takeover of Unilever

If Kraft Heinz has its way, it’s about to get a whole lot bigger. This morning they announced that a bid was made by the company to acquire Unilever, a large global provider of food and personal products. Among More...

By Viliyana Filipova On Tuesday, January 17th, 2017
0 Comments

Tobacco Company Sold as British American Tobacco Buys Reynolds American

Another billion dollar deal has taken place in the marketplace with British American Tobacco (NYSEMKT:BTI) offering $49 billion for Reynolds American company (NYSE:RAI) on Tuesday. The brand manufacturer of popular More...

Copyright 2017 The Calico Media Group LLC dba Economics Wire