L3Harris closes Aerojet Rocketdyne deal
Aerojet will now become a fourth business unit within L3Harris in a deal previously estimated at $4.7 billion.
Mergers and Acquisitions
FTC won’t block L3Harris purchase of Aeroet Rocketdyne; CEO says deal to close this month
“We were advised today that the FTC will not block our acquisition of Aerojet Rocketdyne; therefore, we are
moving forward to close the transaction on or about July 28,” wrote L3Harris CEO Chris Kubasik in a note to investors.
Microsoft agrees to keep Call of Duty on PlayStation ahead of Activision buy
Software giant acquiesced after US trade commission expressed concern that Activision Blizzard acquisition would hurt gamersMicrosoft has signed a binding agreement to ensure that the Call of Duty video game franchise remains available on Sony’s PlaySt…
US agency loses bid to halt Microsoft’s $69bn purchase of Activision Blizzard
The Federal Trade Commission’s request to pause the deal was rejected, clearing the few remaining hurdles for it to go throughA US appeals court on Friday rejected the Federal Trade Commission’s request to pause Microsoft’s $69bn (£53bn) purchase of Ca…
Cisco Further Strengthens Network Assurance with Intent to Acquire Accedian and SamKnows
Network disruption is not just downtime. It is a disruption of critical user experiences and loss of productivity, financial health, and brand reputation. With Accedian and SamKnows, we’re excited to further extend our end-to-end Network Assurance and visibility capabilities to empower our customers to thrive in a connected world.
Leonardo DRS head not thinking retirement, wants to keep firm ‘mid-tier’ in size
CEO Bill Lynn described the firm’s recent experience going public and its narrowed focus on four key growth areas.
Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree
Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and AsosMike Ashley’s Frasers Group has bought a £22m stake in the fashion group Boohoo as the high street retail tycoon makes a flurry of investments in online retai…
Vodafone and Three agree merger to form UK’s largest mobile operator
Deal to combine firms’ British telecoms networks likely to face competition scrutinyVodafone and the owner of Three have agreed a deal to merge their British telecoms networks in a move that will create the UK’s largest mobile phone operator.The two co…
Mike Ashley’s Frasers Group raises stake in Asos to nearly 9%
Larger holding is nearly enough to block a potential takeover bid as speculation grows about online retailer’s futureMike Ashley’s Frasers Group has built its stake in Asos to almost 9% – taking him close to the ability to block a takeover bid – ahead …
Furthering the AI-First Security Cloud: Cisco Announces Intent to Acquire Armorblox
We are pleased to announce our intent to acquire Armorblox, a company that has pioneered the use of Large Language Models (LLMs) and natural language understanding in cybersecurity, to strengthen our plans for an AI-first Security Cloud.