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The Latest Breaking News from Mergers

Gulf Energy Development Plc won the "Deal of the Year Awards -- Mergers & Acquisitions Deal" award for the tender offer for securities of Intouch Holdings Plc and Advanced Info Service Plc (ADVANC) at the 19th SET Awards ceremony, held at the Stock Exchange of Thailand.

Bangkok Post

Gov. Jay Inslee, lawmakers aim to keep anti-abortion 'tentacles' out of Washington

SEATTLE — Washington Gov. Jay Inslee and state Democratic lawmakers revealed details Friday about a push to enact a "shield law" that would protect abortion patients and providers from out-of-state legal action, and announced two more bills in the works designed to ensure to reproductive health care access.

Tribune News Service

DOJ antitrust losses in court are seen as setback for Biden’s merger crackdown

In the span of just a month, federal judges rejected the U.S. Justice Department’s attempts to block three mergers in the health technology, agriculture and defense contracting industries.

Tribune News Service

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Satisfactory cheats – top tips for starting out

Satisfactory can be tough when you're starting out, but these tips will help so much it'll feel like cheating.

USA Today Sports Media Group

Insider's 2022 deal-maker directory

We've rounded up all the companies in Scotland helping to get deals done

Insider UK

American-JetBlue antitrust trial testing limits of industry consolidation

American Airlines CEO Robert Isom told a federal judge Monday that the carrier was hindered in markets like New York and Boston because of the headstart that Delta and others had as blockbuster mergers shrunk the industry over the last two decades.

Tribune News Service

Community bank mergers get green light

Treasury has endorsed mergers between Heritage Bank and People's Choice Credit Union, and the Greater Bank and Newcastle Permanent Building Society.

AAP

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Flying Is a Mess Right Now, but Elizabeth Warren Is Wrong To Blame Airline Mergers

Why does Elizabeth Warren think that JetBlue buying Spirit Airlines will be bad for consumers?

Reason

Asia’s richest man Gautam Adani is searching for new group M&A chief

NEW DELHI: Asia’s richest man Gautam Adani is scouting for a new leader for his mergers and acquisitions strategy as the incumbent will soon take a new role within the group, according to people familiar with the matter.

The Times of India

Superannuation has performed well, but change is afoot with rising rates

Superannuation has been the place to be over the last five years with the latest figures from SuperRatings showing that the top performing balanced funds

The New Daily

Shakespeare Martineau and Lime Solicitors parent company hits record revenues

Ampa group expected to pass through £100 million barrier in its next financial year

Birmingham Post

True, DTAC hit back at allegations by AIS

True Corporation and Total Access Communication (DTAC) have hit back and denied allegations of disrespecting the regulators' authority levelled by the head of their main rival, Advanced Info Service (AIS).

Bangkok Post

Are Further Airline Mergers At The Gate?

Recent multi-billion dollar mergers and upbeat earnings reports in the airline industry have revived optimism in the sector and on airline stocks as investors turn bullish on the sector’s potential after being paralyzed by the COVID-19 pandemic in the past two years.

Benzinga

AIS presses NBTC on mega merger

The chief of Advanced Info Service (AIS) is pushing the National Broadcasting and Telecommunications Commission (NBTC) to decide whether to approve or decline the True-DTAC mega merger, noting that the agency has the legal authority to do so.

Bangkok Post

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Reason

Elizabeth Warren Wants To Stop Airline Mergers, Despite Evidence That They Lower Airfares

The senator urged the Department of Transportation on Monday to regulate airline consolidation and levy heavy fines for canceled flights.

The Independent UK

Catholic hospitals' growth impacts reproductive health care

Across the U.S., numerous Republican-governed states are pushing for sweeping bans on abortion

Tribune News Service

Biden’s FTC has blocked 4 hospital mergers and is poised to thwart more consolidation attempts

Fresh off the Federal Trade Commission’s successful challenges to four hospital mergers, the Biden administration’s new majority on the commission is primed to more aggressively combat consolidation in the health care industry than it has in past years.

Inverse

How the Webb Telescope will unveil the mysteries of cosmic star-making factories

Scientists know galaxy mergers play a big role in forming today’s universe. They just don’t know how they work.

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Bangkok Post

Who are the winners of the mega mergers?

A counter merger by the country's largest mobile operator by subscriber base Advanced Info Service (AIS), which follows another closely watched consolidation of the two telecom giants True Corporation and Total Access Communication (DTAC), reflects the fast-changing landscape of Thailand's telecom sector.

Benzinga

Sam Bankman-Fried's FTX Isn't Taking Bad Debt: Walks Away From Celsius Acquisition

FTX CEO Sam Bankman-Fried is taking a bullish stance amid the “great depression” of cryptocurrency. Instead of joining the list of peers hedging losses by slashing workforces by upwards of 20%, FTX is on a mergers and acquisitions tear, acquiring three firms this year alone.

The Hindu

The anti-defection law — political facts, legal fiction

The crisis in Maharashtra and even earlier instances are grim reminders of what the Tenth Schedule can and cannot do

Benzinga

Sonoco Picks Internal Candidate Rob Dillard As Finance Chief

Sonoco Products Co (NYSE:SON) has appointed Rob Dillard as its Chief Financial Officer, effective July 1, 2022. Dillard most recently served as the company's Chief Strategy Officer. He will be responsible for Sonoco's global finance functions. He succeeds Julie Albrecht, who previously announced plans to depart Sonoco on June 30, 2022. Related: Sonoco Products…

Axios

FTC's new stance: Litigate, don't negotiate

Agency head Lina Khan says she'll sue to stop anticompetitive mergers rather than negotiate settlements.

Axios

The SPAC market's miscalculation

Those supposed advantages over IPOs haven't panned out.

Benzinga

Twitter Refuses To Let Go Board Member Egon Durban - Read Why

Twitter, Inc (NYSE:TWTR) refused to remove Silver Lake co-CEO Egon Durban from its board after failing to win the support of the necessary majority of Twitter investors. The board considered Durban a highly influential member bringing an unparalleled operational knowledge of the industry, a unique perspective, and an invaluable skill set and experience…

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