M&A Features

On This Day...

Zephyr, the M&A database published by Bureau van Dijk, shows that on this day in 2018, some 357 mergers and acquisitions (M&A) worth an aggregate USD 10,444 million were announced globally. Notable deals of the day included CYBG winning over the board of Virgin Money with an all-scrip proposal worth USD 2,226 million to become the sixth-largest bank in the UK and a stronger contender to the country’s large incumbent lenders.

Petrobras still pursuing Liquigás divestment

Petróleo Brasileiro (Petrobras) is due to receive non-binding proposals for Liquigás Distribuidora today after pushing back the deadline for expressions of interest from 6th June, according to a recent Reuters report.