Tags: Merger
EFG-Hermes QInvest Merger Still in Limbo
Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.
China Blesses Glencore-Xstrata Merger
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
Dish Network Offers US$25.5 billion for Sprint-Nextel Merger
In a surprise move, Dish Network offers US$2.5 billion for a merger with Sprint-Nextel. Dish Network offers US$25. 5 billion to merge with Sprint Nextel.
Knight Capital and Getco Holding Capital to reap benefits
The merger of two of the largest automated trading firms would create savings as well as increase revenues for the new merged entity.