Mergers, Acquisitions and Divestitures Category

April 3, 2019

Accenture Is Buying Droga5, an Ad Agency, Making a Bet on Creativity

The deal for the highly regarded independent agency highlights the ad industry’s rapidly changing competitive landscape.

March 27, 2019

Saudi Aramco to Buy $69 Billion Stake in Petrochemical Company

The oil company’s investment in Sabic will infuse money into a Saudi sovereign wealth fund after a planned initial public offering of Aramco faltered.

March 26, 2019

Spotify Set to Buy Parcast as It Continues Push Beyond Music

The streaming service agreed to acquire the studio behind podcasts like “Serial Killers,” extending its drive to stockpile high-profile audio programming.

March 26, 2019

Uber to Acquire Careem, Its Top Mideast Rival, for $3.1 Billion

The deal, a break from Uber’s approach in some other regions, will give the ride-hailing company a strong foothold in the area ahead of its expected public offering.