Tag Archives for " merger "

Tf1 + M6 = another French champion?

Someone didn’t seem to get the memo from Macron that French culture and particularly, ‘French exceptionalism’ is no longer de rigeuer and once again corporate France has retreated back to a defensive consolidation along nationalism lines. So much for a sense of European identity.  On the positive side, consolidating two commercial TV operators in the […]

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IHS Markit should be the first to agree that rubbish (‘adjusted’ data) in will lead to rubbish (valuation) out

Give the market a number and it’ll quickly throw back a result. No one should doubt investors’ ability to do basic maths. Give it the wrong number however, and the result will more than likely also be wrong. The old adage of “rubbish in, rubbish out” remains as valid now as ever, which is why […]

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First cracks appear as Shell shareholders start to oppose BG merger

Finally, it seems we are seeing some push-back from some Shell shareholders against the impending BG merger which is being voted on by Shell shareholders at the end of this month (27 January).  Standard Life has been grumbling for a while, but now finally has gone public. The only question is whether it has all […]

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Canadian Pacific merger offer to Norfolk Southern

A year ago last month, Norfolk Southern’s (NSC) CEO, Wick Moorman was facing a proposed merger of one of its principal rivals, CSX, with Canadian Pacific (CP). At that stage, Mr Moorman was quoted as saying that a large railroad merger would be “highly problematic” and would face “far too many regulatory hurdles”.  While conceding […]

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Publicis Omnicom Groupe – financials less exciting than the impending management soap opera

Oh la la, Omnicom is to be bracketed by Publicis to become part of the greater “Publicis Omnicom Groupe” with deal to be signed in Paris rather than New York or a neutral country. Does this mean a corporate coup for the French or will the emergence of a balanced board and possible removal of […]

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