Rappler's latest stories on mergers
Coronavirus confirms Fiat Chrysler-PSA merger a good idea – Elkann
Fiat Chrysler chairman John Elkann says his company and Peugeot are on track to merge by the 1st quarter of 2021

Fiat Chrysler, PSA mega-merger faces EU antitrust probe
The European Union is concerned about the effect of the planned Fiat Chrysler-PSA merger on Europe's highly-profitable market for vans

O2, Virgin Media to merge into $46.6-billion UK telco giant
Telefonica chief executive Jose Maria Alvarez-Pallete says the merger would create 'the leading operator in the United Kingdom' that would be 'a game-changer' in the British telecoms sector

Fiat Chrysler, PSA retain merger target date
'Notwithstanding these unexpected and unprecedented times, FCA and Groupe PSA remain committed to our 50/50 merger,' says Fiat Chrysler

PSA seeks to shift Fiat Chrysler merger into high gear
PSA Group and Fiat Chrysler Automobiles need the merger in view of the heavy investments that must be made in electric cars

Coronavirus calls into question PSA-Fiat Chrysler merger
Preparations continue on the planned merger of PSA and Fiat Chrysler, but the financial terms reportedly need to be reevaluated as a result of the coronavirus pandemic

PSA, Fiat Chrysler join to create world's 4th largest carmaker
The combined PSA-Fiat Chrysler group will have total revenues of nearly 170 billion euros ($190 million) and annual unit sales of some 8.7 million vehicles

PSA, Fiat Chrysler unveil merger of equals
The PSA-Fiat Chrysler merger will be achieved via the creation of a parent company in the Netherlands, which would be the world's 4th largest automaker in terms of sales

PCC speeds up review of qualified deals by 15 days
The Philippine Competition Commission will fast-track the review process for certain transactions starting July 2

Singapore watchdog fines Grab, Uber $9.5M over merger
The Competition and Consumer Commission of Singapore says the merger significantly reduced market competition and led to higher fares

AT&T closes mega-merger with Time Warner
The news comes just two days after a US federal judge approved the deal, delivering a stinging rebuke to President Donald Trump's administration in its first major antitrust court case

Landbank offers Philippine Stock Exchange P472M for PDSHC stake
The state-run bank takes another stab at gaining control of the country's bond trading market

Razer planning to acquire online currency firm MOL Global
The merger, says Razer CEO Min Liang-Tan, would create 'one of the largest virtual credits platforms for gamers in the world'

Duterte on peace talks, PCC on Grab-Uber deal, Youtube attack | Midday wRap
Watch the midday newscast with Jee Geronimo

PH Competition Commission begins review of Grab-Uber merger
This is after the Philippine Competition Commission's preliminary assessment shows that the transaction may hurt commuters and drivers

PCC warns Grab-Uber deal may have 'far-reaching impact' on commuters
The Philippine Competition Commission notes that Uber's exit would lead to Grab monopolizing the ride-sharing market

Foxconn subsidiary to buy Belkin International for $866 million
FIT Hon Teng says its merger with Belkin will give it access to the company's sales networks, technology, and production capabilities, along with more than 700 patents.

PH Competition Commission doubles threshold for review of mergers
With inflation going up, the country's antitrust body adjusts the threshold for reviewing merger and acquisition (M&A) transactions to P2 billion, from P1 billion

PH Competition Commission eyes raising threshold for merger review
The country's antitrust body is reviewing its existing P1-billion threshold, taking into account that inflation hit a 3-year high last January

San Miguel buys Masinloc coal power plant for nearly $2 billion
San Miguel Corporation tops other major power players in the Philippines for the facility, which has an installed capacity of 630 megawatts and is set to add another 300 by mid-2019

U.S. drugstore chain CVS to buy medical insurer Aetna for $69B
The merger between CVS and Aetna comes amid rising medical costs for many citizens and employers, including prescription medicines

U.S. sues to block $85-B AT&T-Time Warner merger
'This merger would greatly harm American consumers,' says Makan Delrahim, head of the US Justice Department's antitrust division

Qualcomm rejects Broadcom's $130B merger bid
The chip-maker spurns what would've been the largest ever merger offer in the technology sector
Chip-maker Qualcomm receives $130B bid from Broadcom
The potential merger involving the leader in smartphone processors results in the consolidation of two major players in the semiconductor sector
RCBC: No talks with BDO, BPI on merger, sale of majority stake
All 3 banks have moved to quash rumors fueled by RCBC’s rising stock in recent months

Google to buy part of Taiwan smartphone maker HTC for $1.1B
(UPDATED) The agreement will give Google more control of its mobile handset hardware as it seeks to bolster its presence in a market dominated by Apple and Samsung

Jollibee eyeing British food chain Pret a Manger – report
Jollibee is reportedly in talks for a possible $1-billon takeover of British sandwich chain Pret a Manger

PSE withdraws PCC notification on PDS merger, to refile soon
Once it completes information needed PCC says PSE intends to refile its PDS merger notification as soon as possible

PSE plans to offer more shares to bring PDS merger closer
The operator of the country’s stock exchange also announces a net income drop of 7 to P345 15 million for the 1st half of this year

Phoenix Petroleum seeks $126-M acquisition of Petronas Energy, Duta
Before acquiring the two firms Phoenix Petroleum must secure the approval of the Philippine Competition Commission

MVP group still keen on GMA-7 stake
We are open anytime but the offer must be acceptable to us says Manuel V Pangilinan

Global Business Power to acquire 50% stake in Alsons
Through its deal with the Alsons group Global Business Power will now reach the Mindanao market

No merger? Henry Sy firm among top shareholders of RCBC
A privately held company of the Sy family owner of China Bank and BDO Unibank has been buying shares of RCBC a Yuchengco led bank

EU fines Facebook 110 million euros over 'misleading' info in WhatsApp takeover
Facebook didn t disclose the possibility of linking WhatsApp users phone numbers with Facebook users identities says the European Commission
New PSE president to focus on PDS merger, lowering broker ownership
Ramon Monzon says the Philippine Stock Exchange wants the long planned merger between the country s securities and bond markets to happen by July

AOL and Yahoo to be combined into a unit called Oath
The merging of the two internet brands takes place after US telecoms giant Verizon consummates the purchase of Yahoo s internet business

Ayala Corp takes 43.3% stake in Zalora PH
This acquisition is part of Ayala s strategy to invest in innovative businesses especially in the digital space

Fitness First dan Celebrity Fitness merger
Celebrity Fitness dan Fitness First Asia mengumumkan merger yang akan menciptakan salah satu jaringan klub fitness terbesar di Asia

PCC: P1B threshold stays for reviewing mergers, acquisitions
The Philippine Competition Commission says the country s threshold is reasonable and similar to those in economies of comparable size

Kraft Heinz withdraws $143B takeover bid for Unilever
Strong resistance from Unilever reportedly persuades Kraft Heinz to back out

MVP open to reviving talks with GMA
Manuel V Pangilinan reacts to GMA Network s major shareholders pronouncement that they are open to selling their shares at the right price

Gozon open to sell GMA's controlling stake in 2017
The GMA Network chief says his camp and the Duavit and Jimenez groups are willing to sell all their shares if the price is right

Asahi says paying $7.7B for AB InBev's eastern European business
The takeover – also the largest by a Japanese beer company – includes popular Czech beer Pilsner Urquell and other businesses in Hungary Poland Romania and Slovakia

Jollibee divests in San Pin Wang for P650M
Jollibee says the divestment is in line with its plan to focus on building its Yonghe King business its largest venture in China

AT&T deal: Merger for new media era or a bad remake?
Analysts say the deal faces multiple challenges including winning regulatory clearance for a massive merger affecting tens of millions of consumers and successfully combining two different kinds of companies one in content and the other in delivery

AT&T eyes new media future with mega-deal for Time Warner
UPDATED A union of the two media titans – together worth more than 300 billion in market value – is certain to face tough scrutiny from antitrust regulators because of potential ripple effects across media platforms

Bayer sets $66B deal for Monsanto after lengthy pursuit
UPDATED Regulators and Monsanto shareholders still have to approve the deal which environmentalists criticize as a marriage made in hell

Landbank-DBP merger stopped
Finance Secretary Carlos Dominguez III says the main rationale behind the decision is that the two institutions serve different functions

Mondelez drops merger plans with Hershey
The announcement comes nearly two months after Hershey the maker of Reese s Peanut Butter Cups and Hershey s Kisses rejected a 23 billion takeover offer from Mondelez

IRR of Philippine Competition Act now out
The revised IRR is released just days after Globe and PLDT announced the P69 1 billion deal to buy all of San Miguel s telecom business
