Pakistan could potentially boost its IT services exports to $10 billion in the near future, according to a recent study by the Pakistan Institute of Development Economics (PIDE). However, the study emphasizes that “strategic policy interventions are essential across short and long-term horizons to propel the IT industry into a robust era of sustainable growth…
All posts tagged Mergers and Acquisitions
CSS acquires R|L to enhance revenue performance solutions
The Center for Sales Strategy (CSS), a total revenue performance company, has announced the acquisition of Robertson Lowstuter (R|L), an industry-leading executive coaching firm. The deal, which was finalized on February 26, 2024, will enable CSS to offer a wider range of solutions to help organizations improve their revenue performance, from sales consultancy and lead…
Iliad to buy 19.8% stake in Tele2 from Kinnevik for $1.26 billion
French telecoms group Iliad, led by billionaire Xavier Niel, has agreed to buy a 19.8% stake in Swedish operator Tele2 from investment firm Kinnevik for 13 billion crowns ($1.26 billion), the companies said on Monday. The deal, which values Tele2 at a 13% premium to its closing price on Feb 23, will be completed in…
Aussie Broadband proposes to acquire Superloop in a $0.95 per share deal
SYDNEY: Aussie Broadband Limited (ASX:ABB), one of the leading broadband providers in Australia, has made a non-binding offer to buy out its rival Superloop (ASX:SLC) in an all-share transaction. The proposal values Superloop at $0.95 per share, based on the last closing price of ABB shares ($4.53 on 23 February 2024). This represents a 33.2%…
Tritax Big Box REIT proposes to acquire UK Commercial Property REIT for £924 million
LONDON, UK: Tritax Big Box REIT PLC (BBOX) and UK Commercial Property REIT Limited (UKCM), two of the UK’s leading real estate investment trusts, have reached agreement on the key terms of a possible all-share offer for UKCM, which would create a combined group with a market capitalisation of over £4 billion. The possible offer…
Exploring Mergers and Acquisitions: Strategies and Pitfalls in Corporate Finance
Mergers and acquisitions (M&A) play a crucial role in corporate finance. They involve the consolidation of businesses or the acquisition of one business by another. This article aims to delve into the intricacies of M&A, including their definition, various types, and their impact on company growth and market competition. Furthermore, we will delve into effective…