acquisition

Diageo To Sell 19 Brands To Sazerac For USD 550 Million

Diageo To Sell 19 Brands To Sazerac For USD 550 Million

Diageo PLC (NYSE: DEO), struck a deal with U.S- based Sazerac, to sell 19-lower end spirits brands for USD 550 Million. This allows the British-based beverage Company to focus on its high-end labels like Johnnie Walker in the U.S. These lower-e..

Microsoft Acquires Obsidian and InXile For Xbox Developer Stable

Microsoft Acquires Obsidian and InXile For Xbox Developer Stable

Microsoft (NASDAQ: MSFT) expands Xbox Developer Stable as it acquires Obsidian and InXile, creators of RPG’s directed towards PC users. Obsidian and InXile are two of the new studios Microsoft had acquired to join forces with its four other ac..

A Gold Mining Behemoth Formed with Barrick Purchasing Rangold

A Gold Mining Behemoth Formed with Barrick Purchasing Rangold

Canada’s Barrick Gold Corporation (NYSE: ABX) has agreed to buy Randgold Resources Ltd. (NASDAQ: GOLD) for an estimated USD 5.4 Billion.This purchase is the biggest gold deal of the last three years, but this deal doesn’t come without it..

SAIC to Buy Rival Engility for USD 1.5 Billion

SAIC to Buy Rival Engility for USD 1.5 Billion

Science Applications International Corp. (NYSE: SAIC) said on Monday it will acquire Engility Holdings, Inc. (NYSE: EGL) for USD 1.5 Billion in stock, a deal that will turn it into the second-largest independent U.S. government services contractor.E..

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

BP to acquire BHP's US shale assets for $10.5 bln

BP to acquire BHP's US shale assets for $10.5 bln

BP p.l.c. (NYSE:BP) announced Friday it would buy several US oil and shale assets from mining firm BHP Billiton Ltd. (NYSE:BBL) for USD 10.5 billion.The deal is the largest by BP in two decades and its first significant investment in the United Stat..

Qatar to buy Plaza Hotel in New York

Qatar to buy Plaza Hotel in New York

Katara Holding, Qatar’s stated owned hospitality company, has acquired one of New York’s most iconic buildings, the Plaza Hotel, in a USD 600 Million deal, making the hotel the newest addition to the Company’s portfolio. The Compan..