The software giant Citrix is in talks to potentially acquire work management platform Wrike for over $2 billion to expand its collaboration software business.
Tag: Takeover
Suez Receives Friendly Takeover Proposal From Ardian & GIP Amid Takeover Fight With Veolia
French water giant Suez has been facing a takeover attempt by its rival Veolia Environnement SA for months. Now, Suez has received an alternate friendly proposal from two private equity firms, Ardian and Global Infrastructure Partners, at the same price as Veolia.
Google Takes Over Fitbit For $2.1 Billion Amid Antitrust Concerns
After fourteen months, Google has finally acquired the fitness company Fitbit for $2.1 billion. While the tech giant still seeks regulatory approval from the US and Australia, it has gained approval from the European Union after entering into commitments promising to safeguard users’ data.
Carrefour Approached By Couche-Tard For A Potential Friendly Takeover
Carrefour has been approached by Canadian Alimentation Couche-Tard for a potential merger. The news sent Carrefour’s stock up by 13% to 17.53 euros Wednesday.
AstraZeneca To Acquire Alexion In $39 Billion Deal To Push Into Immunology
AstraZeneca has decided to buy Alexion in a deal of $39 billion, valuing Alexion at $175 per share on Saturday. AstraZeneca aims to diversify its portfolio by adding the cures of rare illnesses to its offerings.