Category: merger

US watchdog swoops on $55bn oil merger The US Securities and Exchange Commission (SEC) yesterday obtained an asset freeze in connection with suspected fraudulent trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron. US District Judge Gregory Woods in Manhattan granted the freeze over accounts linked to suspicious […]

Deutsche and Commerzbank consider merger cuts as talks enter endgame Deutsche Bank and Commerzbank are now getting down to the finer details of just how a takeover could actually work. With talks expected to last at least four weeks, there’s a mountain of thorny detail to work through. Cost cuts – and where to make […]