List of largest mergers and acquisitions

The following tables list the largest mergers and acquisitions by decade of transaction. Transaction values are given in the US dollar value for the year of the merger, adjusted for inflation. As of March 2022, the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($297.7 billion adjusted for inflation). AT&T appears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the transaction was initiated, not necessarily completed. Mergers are shown as the market value of the combined entities.

"Megamerger" redirects here. For distributed algorithm in computing, see Mega-Merger.

Free market enterprises

1870s

Top M&A deal worldwide by value from 1870 to 1879:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1879 Pacific Coast Oil Company[2][3] Star Oil 0.001 0.029

1900s

Top 3 M&A deals worldwide by value from 1900 to 1909:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1901 United States Steel Corporation[4] Carnegie Steel Company
Federal Steel Company
National Steel Company		 0.492 16
2 1907 New York, New Haven and Hartford Railroad Company[5] Boston and Maine Corporation 0.310 9
3 1909 Interborough Rapid Transit Company[6][7] Metropolitan Street Railway 0.222 6.7

1910s

Top 3 M&A deals worldwide by value from 1910 to 1919:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1915 Midvale Steel Company[8][9] Remington Arms Company
Worth Brothers Company		 0.100 2.7
2 1915 United Dry Goods[10] Associated Merchants Company 0.050 1.3
3 1918 General Motors[11] United Motors Company 0.045 0.811

1920s

Top 5 M&A deals worldwide by value from 1920 to 1929:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1928 Consolidated Gas Company of New York[12] Brooklyn Edison Company 1.0 15.8
2 1929 Niagara and Eastern Power Corporation[13] MohawkHudson Power Corporation
Northeastern Power Corporation		 0.665 10.5
3 1928 United Light and Power Company[14] American Light and Traction 0.522 8.2
4 1928 Hodenpyl & Hardy[12][15] Stevens & Wood 0.500 7.9
5 1928 Middle West Utilities[12] National Electric Power
National Public Service
New England Public Service
Inland Power and Light		 0.400 6.3

1930s

Top 5 M&A deals worldwide by value from 1930 to 1939:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1930 Pacific Gas and Electric Company[16] Great Western Power Company
San Joaquin Light and Power Corporation
Midland Counties Public Service Corporation		 0.650 10.5
2 1934 Republic Steel[17] Corrigan-McKinney Steel Corporation 0.323 6.5
3 1931 Bethlehem Steel[18] Pittsburgh Steel Company 0.080 1.4
4 1932 Studebaker Corporation[19] White Motor Company 0.026 0.516
5 1930 Sinclair Consolidated Oil Corporation[20] Pierce Petroleum Corporation 0.025 0.406

1940s

Top 5 M&A deals worldwide by value from 1940 to 1949:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1949 Pan American Airways[21] American Overseas Airlines 0.059 0.672
2 1943 Manufacturers Light and Heat Company[22] Manufacturers Gas Company
Pennsylvania Fuel Supply Company
Greensboro Gas Company		 0.038 0.595
3 1949 Union Oil of California[23] Los Nietos Company 0.022 0.251
4 1943 Delaware Power and Light[24] Eastern Shore Public Service Company 0.016 0.251
5 1948 Burlington Mills[25][26] May McEwen Kaiser 0.014 0.158

1950s

Top 10 M&A deals worldwide by value from 1950 to 1959:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1959 General Telephone[27] Sylvania Electric Products 1.8 16.7
2 1957 Armco[28] National Supply Company 0.768 7.4
3 1957 American Can Company[29] Marathon Corporation 0.717 6.9
4 1955 Monsanto[30] Lion Oil 0.550 5.6
5 1956 Continental Can Company[31] Robert Gair Company 0.549 5.5
6 1954 Olin Industries[32] Mathieson Chemical 0.500 5
7 1955 Sunray Oil Corporation[33] Mid-Continent Petroleum Corporation 0.486 4.9
8 1955 Sperry Corporation[34] Remington Rand 0.466 4.7
9 1953 Gulf Oil[35] Warren Petroleum Corporation 0.420 4.3
10 1954 Hudson Motor Car Company[36] Nash-Kelvinator 0.355 3.6

1960s

Top 10 M&A deals worldwide by value from 1960 to 1969:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1969 Atlantic Richfield[37] Sinclair Oil Corporation 3.7 27.3
2 1965 Union Oil[38] Pure Oil 1.5 12.9
3 1968 Hunt-Wesson[39] Canada Dry
McCall Corporation		 1.0 7.8
4 1969 Xerox Corporation[25][40] Scientific Data Systems 0.925 6.8
5 1967 Rockwell-Standard[41] North American Aviation 0.922 7.5
6 1968 Sun Oil[25][42] Sunray DX Oil Company 0.763 5.9
7 1965 Continental Oil Company[43] Consolidation Coal 0.620 5.3
8 1961 American-Marietta Corporation[44] Glenn L. Martin Company 0.600 5.4
9 1968 Control Data Corporation[45] Commercial Credit Company 0.582 4.5
10 1967 Studebaker Corporation[46] Worthington Corporation 0.550 4.5

1970s

Top 15 M&A deals worldwide by value from 1970 to 1979:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1979 Shell Oil Company[47] Belridge Oil Company 3.65 13.6
2 1979 RCA[48][49] CIT Financial 1.3 4.9
3 1979 Exxon[50] Reliance Electric 1.2 4.5
4 1978 United Technologies[51][52][53] Carrier Corporation 1.0 4.2
5 1979 Mobil[54] General Crude Oil 0.765 2.9
6 1976 Atlantic Richfield[25][55][56] Anaconda Copper 0.760 3.6
7 1978 R. J. Reynolds Industries[57] Del Monte Corporation 0.620 2.6
8 1978 Johns Manville[25][58] Olinkraft Inc 0.585 2.4
9 1977 Kennecott Copper[25][59] Carborundum Corporation 0.567 2.5
10 1978 Philip Morris[25][60] Seven-Up Bottling Co 0.520 2.2
11 1978 Beatrice Foods[25][61] Tropicana Products 0.488 2
12 1977 Unilever[25][62] National Starch and Chemical 0.485 2.2
13 1974 Burmah Oil[25][63] Signal Oil & Gas 0.480 2.6
14 1979 American Brands[64] Franklin Life Insurance 0.465 1.7
15 1979 Standard Oil of Indiana[65] Cyprus Mines Corporation 0.460 1.7

1980s

Top 30 M&A deals worldwide by value from 1980 to 1989:

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 [1] Inflation adjusted
(in billions USD)
1 1989 Kohlberg Kravis Roberts[66][67] RJR Nabisco 31.0 67.8
2 1989 Mitsui Bank[68][69] Taiyo Kobe Bank 22.8 49.8
3 1989 Warner Communications[70] Time Inc. 15.2 33.2
4 1984 Standard Oil of California[71] Gulf Oil 13.2 34.4
5 1988 Philip Morris[72] Kraft Foods 13.1 30
6 1989 Bristol Myers[73] Squibb 12.0 26.2
7 1984 Texaco[74] Getty Oil 10.1 26.3
8 1989 Beecham Group[75][76] SmithKline Beckman 7.9 17.3
9 1987 BP[77][78][79] Standard Oil of Ohio 7.8 18.6
10 1981 E. I. du Pont de Nemours and Company[80] Conoco 7.3 21.8
11 1988 Campeau Corporation[81] Federated Department Stores 6.6 15.1
12 1985 General Electric[82] RCA 6.3 15.9
13 1982 United States Steel Corp.[83] Marathon Oil 6.0 16.8
14 1985 Kohlberg Kravis Roberts[84] Beatrice Companies 6.0 15.1
15 1985 Philip Morris Companies[85] General Foods 5.8 14.6
16 1987 Dome Mines[86][87] Placer Development
Campbell Red Lake Mines		 5.8 13.8
17 1984 Mobil[88] Superior Oil Company 5.7 14.9
18 1988 Grand Metropolitan[89] Pillsbury Company 5.7 13.1
19 1989 Dow Chemical Company[90] Marion Laboratories 5.7 12.5
20 1984 Royal Dutch/Shell Group[91][92] Shell Oil Company 5.5 14.3
21 1989 Hanson plc[93] Consolidated Gold Fields 5.5 12
22 1985 General Motors[94] Hughes Aircraft Company 5.2 13.1
23 1988 British American Tobacco ( Batus Inc.)[95] Farmers Insurance Group 5.2 11.9
24 1987 John Philp Thompson Sr.[96] Southland Corporation 5.1 12.2
25 1988 Thomas F. Frist Jr.
Richard Rainwater[97][98]		 HCA Healthcare 5.1 11.7
26 1988 Eastman Kodak[99] Sterling Drug 5.1 11.7
27 1981 Elf Aquitaine[100] Texasgulf Inc. 5.0 14.9
28 1985 R.J. Reynolds Industries[101] Nabisco Brands 4.9 12.3
29 1986 Burroughs Corporation[102] Sperry Corporation 4.8 11.9
30 1989 Sony[103] Columbia Pictures 4.8 10.5

1990s

Top M&A deals worldwide by value ($20 billion or larger) from 1990 to 1999:[104]

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 Inflation adjusted
(in billions USD)
1 1999 Vodafone Airtouch plc[105] Mannesmann 183.0 297.7
2 1999 Pfizer[106] Warner-Lambert 90.0 146.4
3 1998 Exxon[107][108] Mobil 77.2 128.3
4 1998 Citicorp[109] Travelers Group 70.0 116.4
5 1999 Bell Atlantic (Wireless Unit) [110][lower-alpha 1] Vodafone Airtouch plc (US Wireless Unit) 70.0 113.9
6 1998 Zeneca[111] Astra AB 67.0 111.4
7 1998 NationsBank[112] Bank America 62.0 103.1
8 1999 SBC Communications[113] Ameritech Corporation 62.0 100.9
9 1999 Vodafone Group[114] AirTouch Communications 56.0 91.1
10 1999 TotalFina[115] Elf Aquitaine 54.3 88.3
11 1998 Bell Atlantic[116] GTE 53.36 88.7
12 1996 Bell Atlantic[117] NYNEX 52.0 89.8
13 1998 BP[118] Amoco 49.0 81.5
14 1999 AT&T[119] Tele-Communications Inc. 48.0 78.1
15 1999 The Sumitomo Bank[120][121] The Sakura Bank 45.5 74
16 1999 Qwest Communications[122] US West 44.0 71.6
17 1998 Hoechst AG[123] Rhône-Poulenc 43.0 71.5
18 1999 Royal Bank of Scotland Group[124] National Westminster Bank plc 42.5 69.1
19 1999 Fuji Bank[125][120] Dai-Ichi Kangyo Bank
Industrial Bank of Japan		 40.1 65.2
20 1998 Daimler-Benz[126] Chrysler 38.0 63.2
21 1997 Worldcom[127] MCI Communications 37.0 62.5
22 1999 Mannesmann[128] Orange UK 36.0 58.6
23 1999 Viacom[129] CBS Corporation 35.6 57.9
24 1998 Wells Fargo[130] Norwest Corporation 34.0 56.5
25 1999 Olivetti[131] Telecom Italia (55% Stake) 34.0 55.3
26 1995 Mitsubishi Bank[132][133] The Bank of Tokyo 33.8 60.1
27 1998 Banc One[134] First Chicago Bank 29.8 49.5
28 1996 Ciba-Geigy[135] Sandoz 27.0 46.6
29 1999 BP-Amoco[136] Atlantic Richfield Company 26.8 43.6
30 1999 Monsanto[137] Pharmacia & Upjohn 26.5 43.1
31 1999 Lucent[138] Ascend Communications 25.2 41
32 1997 Union Bank of Switzerland[139] Swiss Bank Corporation 25.0 42.2
33 1999 Clear Channel Broadcasting[140] AMFM Broadcasting Licenses, LLC 23.8 38.7
34 1998 Berkshire Hathaway[141] Gen Re 22.0 36.6

2000s

Top M&A deals worldwide by value ($20 billion or larger) from 2000 to 2009:[104]

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 Inflation adjusted
(in billions USD)
1 2000 AOL[142] Time Warner 182.0 286.4
2 2007 Gaz de France[143] Suez S.A. 107.0 139.8
3 2007 RFS Holdings[144][145] ABN Amro 98.0 128.1
4 2004 Royal Dutch Petroleum[146][147][lower-alpha 2] Shell Transport & Trading Company plc 95.0 136.3
5 2000 Glaxo Wellcome[148] SmithKline Beecham 76.0 119.6
6 2001 Comcast[149] AT&T Broadband 72.0 110.2
7 2006 Banca Intesa[150] Sanpaolo IMI 71.0 95.4
8 2009 Pfizer[151] Wyeth 68.0 85.9
9 2008 United States Department of the Treasury[152][lower-alpha 3] American International Group 67.8 85.3
10 2006 AT&T[153][154] BellSouth 67.0 90.1
11 2008 Enel
Acciona[155]		 Endesa 65.3 82.2
12 2004 Sanofi[156] Aventis 64.2 92.1
13 2002 AT&T[157] MediaOne 62.0 93.4
14 2002 Pfizer[158] Pharmacia Corp. 60.0 90.4
15 2004 JPMorgan Chase[159] Bank One Corporation 58.0 83.2
16 2008 HM Treasury[160][lower-alpha 3] Royal Bank of Scotland Group 58.0 73
17 2005 Procter & Gamble[161] Gillette 57.0 79.1
18 2008 InBev[162] Anheuser-Busch 52.0 65.4
19 2000 Deutsche Telekom[163] Voicestream 50.7 79.8
20 2008 Lloyds TSB Group[164] HBOS 50.0 62.9
21 2008 Bank of America[165] Merrill Lynch & Co. 50.0 62.9
22 2009 United States Department of the Treasury[166][lower-alpha 3] General Motors 49.5 62.5
23 2003 Bank of America[167] FleetBoston Financial 47.0 69.2
24 2009 Roche Holding AG[168] Genentech 46.8 59.1
25 2008 United States Department of the Treasury[169][170][lower-alpha 3] Citigroup 45.0 56.6
26 2008 United States Department of the Treasury[171][172][lower-alpha 3] Bank of America 45.0 56.6
27 2009 Merck & Co.[173] Schering-Plough 41.1 51.9
28 2000 JDS Uniphase[174] SDL Inc. 41.0 64.5
29 2004 Cingular[175] AT&T Wireless 41.0 58.8
30 2009 ExxonMobil[176] XTO Energy 41.0 51.8
31 2000 France Télécom[177] Vodafone Airtouch plc ( Orange UK) 40.3 63.4
32 2008 Novartis[178] Alcon 39.0 49.1
33 2007 Rio Tinto[179] Alcan 38.1 49.8
34 2000 Pacific Century Cyber Works[180] Cable & Wireless HKT Ltd 38.0 59.8
35 2005 Tokyo Mitsubishi[181] UFJ Holdings 38.0 52.7
36 2006 América Móvil[182] América Telecom 37.0 49.7
37 2006 The Blackstone Group[183] Equity Office 36.0 48.4
38 2005 ConocoPhillips[184] Burlington Resources 35.6 49.4
39 2000 Chevron Corporation[185] Texaco 35.0 55.1
40 2005 Sprint Corporation[186] Nextel Communications 35.0 48.6
41 2005 Bank of America[187] MBNA 34.2 47.5
42 2000 Vivendi[188] Seagram 34.0 53.5
43 2006 Mittal Steel Company[189] Arcelor 33.65 45.2
44 2007 Kohlberg Kravis Roberts
Texas Pacific Group[190]		 TXU Corp. 31.8 41.6
45 2005 Telefónica[191] O2 31.6 43.8
46 2006 Nokia Corporation (Telecommunication Network Equipment Unit) [192][lower-alpha 1] Siemens AG (Telecommunication Network Equipment Unit) 31.6 42.5
47 2000 Citigroup[193] Associates First Capital Corporation 31.0 48.8
48 2000 Chase Manhattan Bank[194] J.P. Morgan & Co. 30.9 48.6
49 2007 Statoil[195] Norsk Hydro 30.0 39.2
50 2009 Comcast[196] General Electric ( NBCUniversal) 30.0 37.9
51 2007 Kohlberg Kravis Roberts[197] First Data 29.0 37.9
52 2007 UniCredit[198] Capitalia 29.0 37.9
53 2004 KBC Bank[199] Almanij 28.12 40.3
54 2008 Verizon Wireless[200] Alltel 28.1 35.4
55 2001 BHP Ltd.[201] Billiton plc 28.0 42.8
56 2003 Olivetti[131][202] Telecom Italia (Remaining 45% Stake) 27.8 41
57 2007 Texas Pacific Group
Goldman Sachs Capital Partners[203]		 Alltel 27.5 35.9
58 2006 Boston Scientific[204] Guidant 27.2 36.6
59 2006 Thomas H. Lee Partners
Bain Capital[205]		 Clear Channel Broadcasting 26.7 35.9
60 2009 Berkshire Hathaway[206] Burlington Northern Santa Fe Corp. 26.3 33.2
61 2007 The Blackstone Group[207] Hilton Hotels Corp 26.0 34
62 2007 Freeport-McMoRan[208] Phelps Dodge 25.9 33.8
63 2006 Wachovia[209] Golden West Financial 25.5 34.3
64 2008 HM Treasury[210][lower-alpha 3] Lloyds Banking Group 25.4 32
65 2008 Apollo Management
Texas Pacific Group[211]		 Harrahs Entertainment 25.1 31.6
66 2001 Hewlett Packard Company[212] Compaq 25.0 38.3
67 2008 United States Department of the Treasury[213][lower-alpha 3] JPMorgan Chase 25.0 31.5
68 2008 United States Department of the Treasury[214][lower-alpha 3] Wells Fargo 25.0 31.5
69 2008 Ministry of Finance[215][lower-alpha 3] Fortis (Dutch Unit) 23.3 29.3
70 2001 American International Group[216] American General 23.0 35.2
71 2008 Mars, Incorporated[217] Wm. Wrigley Jr. Company 23.0 28.9
72 2007 Iberdrola[218] Scottish Power 22.5 29.4
73 2006 Richard Kinder
Goldman Sachs Capital Partners
The Carlyle Group
Riverstone Holdings
American International Group[219]		 Kinder Morgan 22.0 29.6
74 2007 Kohlberg Kravis Roberts
Stefano Pessina[220]		 Alliance Boots 22.0 28.8
75 2006 Bayer[221] Schering AG 21.5 28.9
76 2000 Verisign[222] Network Solutions 21.0 33
77 2000 Firstar Corporation[223] U.S. Bancorp 21.0 33
78 2006 Thomas F. Frist Jr.
Bain Capital
Kohlberg Kravis Roberts
Merrill Lynch Global Private Equity[224]		 HCA Healthcare 21.0 28.2
79 2006 CVS[225] Caremark RX 21.0 28.2
80 2007 Bank of America[226] ABN AMRO ( LaSalle Bank) 21.0 27.4
81 2000 Unilever[227] Bestfoods 20.3 31.9
82 2006 Ferrovial[228] BAA plc 20.0 26.9

2010s

Top M&A deals worldwide by value ($20 billion or larger) from 2010 to 2019:

Rank Year Purchaser Purchased Transaction value
(in billions USD) (with debt)		 Inflation adjusted
(in billions USD) (with debt)		 Ref
1 2013 Verizon Communications Vodafone Group (Verizon Wireless 45% Stake) 130.0 151.2 [229]
2 2015 Dow Chemical E. I. du Pont de Nemours and Company 130.0 148.6 [230]
3 2019 United Technologies (Aerospace Division) Raytheon 121.0 128.2 [231][232][233][234]
4 2015 AB InBev SABMiller 107.0 122.3 [235]
5 2015 Heinz Kraft 100.0 114.3 [236]
6 2018 Energy Transfer Equity Energy Transfer Partners 90.0 97.1 [237][238]
7 2017 Linde AG Praxair 86.0 95.1 [239][240][lower-alpha 4]
8 2016 AT&T Time Warner 85.4 — 108.7 96.4 — 122.7 [241]
9 2015 Cheung Kong Holdings Hutchison Whampoa 85.0 97.2 [242]
10 2015 Charter Communications Time Warner Cable 78.7 90 [243]
11 2019 Bristol-Myers Squibb Celgene 74.0 — 95.0 78.4 — 100.7 [244][245][246][247]
12 2018 The Walt Disney Company 21st Century Fox 71.3 — 85.1 76.9 — 91.8 [248][249]
13 2014 Kinder Morgan Kinder Morgan Energy Partners
Kinder Morgan Management
El Paso Pipeline Partners		 71.0 81.3 [250]
14 2015 Actavis Allergan, Inc 70.5 80.6 [251][lower-alpha 4]
15 2015 Royal Dutch Shell BG Group 70.0 — 81.9 80 — 93.6 [252][253]
16 2019 Saudi Aramco SABIC 69.1 73.2 [254]
17 2017 CVS Health Aetna 69.0 76.3 [255][256][257]
18 2015 Dell EMC Corporation 67.0 76.6 [258]
19 2018 Takeda Pharmaceutical Shire plc 64.3 69.4 [259][260][261]
20 2019 Abbvie Allergan plc 63.0 66.8 [262]
21 2019 GlaxoSmithKline (Consumer Health Unit) Pfizer (Consumer Health Unit) 62.8 66.6 [263][264][lower-alpha 1]
22 2014 Holcim Lafarge S.A. 60.0 68.7 [265]
23 2017 Essilor Luxottica 58.5 64.7 [266]
24 2013 Rosneft TNK-BP 55.0 64 [267]
25 2016 Bayer Monsanto 54.5 — 63.5 61.5 — 71.7 [268][269]
26 2018 Cigna Express Scripts 54.0 — 67.0 58.3 — 72.3 [270][271]
27 2019 Groupe PSA Fiat Chrysler 50.0 53 [272]
28 2014 AT&T DirecTV 49.0 — 67.1 56.1 — 76.8 [273]
29 2017 British American Tobacco R. J. Reynolds Tobacco Company 49.0 54.2 [274]
30 2019 DuPont (Nutrition & Biosciences Division) International Flavors & Fragrances 45.4 48.1 [275]
31 2016 ChemChina Syngenta 43.0 48.6 [276]
32 2014 Medtronic Covidien 42.9 49.1 [277][lower-alpha 4]
33 2015 Teva Pharmaceutical Industries Actavis Generics 40.5 46.3 [278][279][280]
34 2018 Comcast Corporation Sky plc 39.0 42.1 [281][282][283]
35 2018 E.ON SE Innogy SE 38.5 41.5 [284]
36 2019 Occidental Petroleum Corp Anadarko Petroleum 38.0 — 57.0 40.3 — 60.4 [285]
37 2015 Berkshire Hathaway Precision Castparts 37.2 42.5 [286]
38 2015 Avago Technologies Broadcom Corporation 37.0 42.3 [287]
39 2018 T-Mobile US Sprint Corporation 37.0 39.9 [288][289]
40 2019 Fidelity National Information Services Worldpay, Inc. 35.0 — 43 37.1 — 45.6 [290]
41 2018 Harris Corporation L3 Technologies 34.0 36.7 [291]
42 2018 IBM Red Hat 34.0 36.7 [292]
43 2016 Shire plc Baxalta 32.0 — 35 36.1 — 39.5 [293][294][lower-alpha 4]
44 2016 Softbank Group Arm Holdings 31.4 35.5 [295]
45 2012 Glencore Xstrata 31.0 36.6 [296]
46 2010 GDF Suez International Power 30.0 37.3 [297]
47 2016 General Electric ( GE Oil and Gas) Baker Hughes 30.0 33.9 [298]
48 2017 United Technologies Rockwell Collins 30.0 33.2 [299]
49 2017 Johnson & Johnson Actelion 30.0 33.2 [300]
50 2019 Yahoo! Japan Line Corporation 30.0 31.8 [301]
51 2012 T-Mobile US MetroPCS 29.6 34.9 [302]
52 2011 Express Scripts Medco Health Solutions 29.1 35.1 [303]
53 2015 ACE Ltd Chubb Corporation 28.3 32.4 [304]
54 2016 Enbridge Spectra Energy 28.0 31.6 [305]
55 2019 BB&T SunTrust Banks 28.0 29.7 [306]
56 2014 Reynolds American Lorillard Tobacco Company 27.4 31.4 [307]
57 2016 Agrium Potash Corp of Saskatchewan Inc 27.0 30.5 [308]
58 2019 London Stock Exchange Group Refinitiv 27.0 28.6 [309]
59 2016 Microsoft LinkedIn Corp 26.2 29.6 [310]
60 2011 Duke Energy Progress Energy Inc 26.0 31.3 [311]
61 2019 Charles Schwab TD Ameritrade 26.0 27.6 [312]
62 2014 Actavis Forest Laboratories 25.0 28.6 [313][lower-alpha 4]
63 2016 Abbott Laboratories St Jude Medical 25.0 — 30.5 28.2 — 34.4 [314]
64 2019 Viacom CBS Corporation 25.0 26.5 [315]
65 2019 Pfizer (Upjohn Off-Patent Medicine Division) Mylan 25.0 26.5 [316]
66 2017 Unibail-Rodamco SE Westfield Corporation 24.7 27.3 [317]
67 2013 Michael Dell
Silver Lake Partners		 Dell 24.4 28.4 [318][319]
68 2010 CenturyLink Qwest Corporation 24.0 29.8 [320]
69 2012 Ministry of Economy Bankia 24.0 28.3 [321][lower-alpha 3]
70 2015 VimpelCom (Italian Assets) CK Hutchison Holdings (Italian Assets) 24.0 27.4 [322][lower-alpha 1]
71 2016 CenturyLink Level 3 Communications 24.0 27.1 [323]
72 2017 Becton, Dickinson and Company C. R. Bard 24.0 26.5 [324]
73 2018 Dell VMware 23.9 25.8 [325][326]
74 2013 Liberty Global Virgin Media 23.3 27.1 [327][328][lower-alpha 4]
75 2017 Visa Inc. Visa Europe 23.3 25.8 [329]
76 2013 Berkshire Hathaway
3G Capital		 Heinz 23.0 26.8 [330]
77 2014 Numericable SFR 23.0 26.3 [331][332]
78 2017 Vodafone Group (Indian Operations) Idea Cellular 23.0 25.4 [333][lower-alpha 1]
79 2018 Marathon Petroleum Corp Andeavor 23.0 — 35.6 24.8 — 38.4 [334]
80 2012 Nippon Steel Sumitomo Metal Industries 22.45 26.5 [335]
81 2014 Facebook, Inc WhatsApp Inc. 22.0 25.2 [336]
82 2018 Atlantia
Grupo ACS		 Abertis 22.0 23.7 [337]
83 2019 Fiserv First Data 22.0 23.3 [338]
84 2018 Vodafone Group Liberty Global (Germany & Eastern Europe Ops) 21.8 23.5 [339]
85 2012 Softbank Group Sprint Corporation 21.6 25.5 [340][341]
86 2010 VimpelCom Weather Investments 21.5 26.7 [342]
87 2019 Global Payments TSYS 21.5 22.8 [343]
88 2019 Danaher Corporation GE (Biopharma Division) 21.4 22.7 [344]
89 2011 Johnson & Johnson Synthes 21.3 25.7 [345]
90 2010 América Móvil Telmex 21.0 26.1 [346]
91 2011 Kinder Morgan El Paso Corporation 21.0 25.3 [347]
92 2015 MPLX MarkWest Energy 21.0 24 [348]
93 2015 Abbvie Pharmacyclics 21.0 24 [349]
94 2018 Keurig Green Mountain Dr Pepper Snapple Group 21.0 22.7 [350]
95 2011 Sanofi Genzyme 20.1 24.2 [351]
96 2012 AB InBev Grupo Modelo 20.1 23.7 [352]
97 2016 Energy Transfer Partners Sunoco Logistics Partners 20.0 22.6 [353]
98 2016 SACAM Mutualisation Crédit Agricole (39 Regional Operators) 20.0 22.6 [354]
99 2018 The Blackstone Group Thomson Reuters (Financial & Risk Unit) 20.0 21.6 [355][lower-alpha 1]

2020s

Top M&A deals worldwide by value ($20 billion or larger) from 2020 to 2029:

Rank Year Purchaser Purchased Transaction value
(in billions USD) (with debt)		 Inflation adjusted
(in billions USD) (with debt)		 Ref
1 2021 BHP Group Limited BHP Group plc 86.2 86.2 [356][357][lower-alpha 2]
2 2020 Unilever plc Unilever N.V. 81.0 84.8 [358][359][lower-alpha 2]
3 2022 Microsoft Activision Blizzard 68.7 68.7 [360][361][lower-alpha 5]
4 2022 HDFC Bank Housing Development Finance Corporation 60.0 60 [362][lower-alpha 5]
5 2020 S&P Global IHS Markit 44.0 46.1 [363]
6 2022 Elon Musk Twitter, Inc. 44.0 44 [364][365][lower-alpha 5]
7 2021 Discovery, Inc. AT&T ( WarnerMedia) 43.0 43 [366][367]
8 2020 Nippon Telegraph and Telephone NTT Docomo 40.0 41.9 [368]
9 2020 AstraZeneca Alexion Pharmaceuticals 39.0 40.8 [369]
10 2020 Liberty Global ( Virgin Media) Telefónica ( O2) 38.0 39.8 [370][371][lower-alpha 1]
11 2020 Advanced Micro Devices Xilinx 35.0 36.6 [372]
12 2021 The Blackstone Group
The Carlyle Group
Hellman & Friedman		 Medline Industries 34.0 34 [373]
13 2021 Canadian Pacific Railway Kansas City Southern 31.0 31 [374][lower-alpha 5]
14 2021 AerCap General Electric ( GECAS) 30.0 30 [375]
15 2021 Square, Inc. Afterpay 29.0 29 [376]
16 2021 Oracle Corporation Cerner Corporation 28.3 28.3 [377][lower-alpha 5]
17 2020 Salesforce.com Slack Technologies 27.7 29 [378]
18 2021 Vonovia Deutsche Wohnen 22.7 22.7 [379]
19 2020 Huntington Bancshares TCF Financial Corporation 22.0 23 [380]
20 2020 Analog Devices Maxim Integrated 21.0 22 [381]
21 2020 Seven & i Holdings Marathon Petroleum ( Speedway LLC) 21.0 22 [382]
22 2020 Gilead Sciences Immunomedics 21.0 22 [383]
23 2021 Rogers Communications Shaw Communications 20.8 20.8 [384][lower-alpha 5]
24 2021 Roche Novartis (Entire 1/3 voting stake in Roche) 20.7 20.7 [385]
25 2020 Advent International
Cinven
RAG-Stiftung		 ThyssenKrupp (Elevator Division) 20.4 21.4 [386]

State-owned enterprises

Top M&A deals worldwide by value ($20 billion or larger) between state-owned enterprises:

Rank Year Purchaser Purchased Total asset value
(billions USD)		 Inflation adjusted
(billions USD)		 Note
1 2017 Shenhua Group China Guodian Corporation 278.0 307.3 In August 2017, SASAC announced that China Guodian Corporation (one of China's largest coal-fired power generators) and Shenhua Group (China's biggest coal miner) would be jointly restructured, with Shenhua Group becoming China Energy Investment Corporation and absorbing China Guodian Corporation to become the largest power company in the world by installed capacity.[387][388]
2 2015 China Minmetals China Metallurgical Group 245.6 280.8 In December 2016, China continued its consolidation drive, focussing on their mining sector where China Minmetals Corp took over equipment maker China Metallurgical Group Corp. Minmetals was China's biggest steel and base metals trader with revenue of more than $50 billion last year, whilst China Metallurgical Group reported revenues of more than $33 billion.[389][390]
3 2017 Sinograin China National Cotton Reserves Corp. 213.0 235.5 In January 2017, the Chinese government confirmed the merger of China National Cotton Reserves Corp and Sinograin as part of their drive to reduce the number of state-owned enterprises to a target of 100.[391]
4 2018 ChemChina Sinochem 120.0 129.5 Merger of the Chinese state-controlled ChemChina and Sinochem in a deal reported to be worth $120 billion.[392] The merger would create the largest entity in the industrial chemicals industry, overtaking BASF.[393][394][395][396] In January 2020 ChemChina and Sinochem consolidated their agricultural assets into a new holding company, to be called Syngenta Group.[397]
5 2015 China Power Investment State Nuclear Power Technology Corporation 112.6 128.7 In June 2015 the Chinese cabinet approved plans to merge state-owned China Power Investment (CPIC) with State Nuclear Power Technology increasing the exports of nuclear technology from the country, creating the new entity China Power New Energy Development Company Limited, with assets of more than $112.6 billion and annual revenues of more than $32.6 billion.[398][399]
6 2018 China National Nuclear Corp China Nuclear Engineering & Construction 99.0 106.8 Merger of China's second largest nuclear power producer, and their top nuclear power plant builder.[400]
7 2020 China Oil and Gas Pipeline Network
(PipeChina)		 PetroChina
(Major oil and gas pipelines and storage facility assets)
Sinopec
(Kanton's Yulin Pipeline Co & Beihai LNG terminal)		 55.9 58.5 PetroChina, China's state-owned oil and gas firm, announced it would sell its major oil and gas pipelines and storage facilities to a newly created State-owned enterprise, China Oil and Gas Pipeline Network, for $55.9 billion. This will lead to the creation of a new company, PipeChina, of which PetroChina will own a 29.9% equity stake worth around $21 billion, with the balance of the transaction paid in cash. Sinopec also announced it would sell some oil and gas pipeline assets to PipeChina for around $6 billion, of which over $3 billion will be used for an equity interest stake.[401] After the deals have completed, PipeChina will have a market capitalisation of 500 billion yuan ($71.3 billion); PetroChina will own 29.9% of the business, Sinopec 14% and CNOOC Gas and Power (a subsidiary CNOOC Group) will own 2.9%.[402]
8 2014 CITIC Pacific CITIC Limited 50.0 57.2 CITIC Pacific Ltd completed its acquisition of 100 percent of CITIC Ltd after receiving all necessary regulatory approvals, and become China's largest conglomerate with a market value of about $50 billion.[403]
9 2000 China Mobile (Hong Kong) Ltd Beijing Mobile
Shanghai Mobile
Tianjin Mobile
Hebei Mobile
Liaoning Mobile
Shandong Mobile
Guangxi Mobile
 34.2 53.8 China Mobile acquired seven Chinese state-owned mobile communications businesses as part of a consolidation effort.[404][405]
10 2020 Ministry of Finance Central Bank of Russia
( Sberbank of Russia 50% Stake)		 28.31 29.6 Russia tapped the Russian National Wealth Fund to buy the central bank's stake in Sberbank, ending years of debate about potential conflicts of interest arising from the central bank controlling the country's top lender.[406][407]
11 2008 China Unicom China Netcom 24.0 30.2 The merger took place as part of the first step in the country's reshuffling of its telecom shops.[408]

Largest ever deals which have failed to complete

This lists catalogues M&A deals ($20 billion or larger in transaction value) which were confirmed, but for a number of reasons, failed to complete.

Rank Year Purchaser Purchased Transaction value
(in billions USD)		 Inflation adjusted value Note
1 2020 Astra Zeneca Gilead Sciences 232.0 242.9 Astra Zeneca approached Gilead about a merger; however, a combination of a lack of interest from Gilead and the COVID-19 pandemic led to any further talking being dropped. The deal also floundered due to the potential to distract both companies from their own pipelines and ongoing COVID-19 vaccine efforts.[409][410][411]
2 2019 Altria Philip Morris International 200.0 212 The merger was called off after a chilly reaction from investors, vaping related illnesses, and Altria's increasingly scrutinized $12.8 billion investment in vaping leader Juul.[412]
3 2015 Pfizer Allergan, plc 160.0 182.9 The deal fell through over changes made to tax inversion legislation by the Government of the United States.[413]
4 2008 BHP Billiton Rio Tinto 148.0 186.3 As commodity prices fell in value, the deal became too risky for BHP Billiton to complete.[414][413]
5 2017 Kraft Heinz Unilever 143.0 158.1 Kraft's offer was an 18% premium to Unilever's closing share price the day before the announcement, however Unilever Executives claimed the deal undervalued the company,[415] as well as job-cut implications and regulator approval issues.[416] The bid was formally dropped on February 19, citing the complexities of acquiring control in a Dutch entity without the support of shareholders.[417]
6 1999 MCI WorldCom Sprint 129.0 209.8 The US Department of Justice and European Commission prohibited the merger on competition grounds, with the DoJ filing a lawsuit against the transaction.[413][418][419][420]
7 2014 Pfizer Astra Zeneca 123.0 140.8 Significant concerns were raised by the Government of the United Kingdom over job security, in the end leading to a deal being abandoned due to resistance from the AstraZeneca Board.[413]
8 2018 Broadcom Qualcomm 121.0 130.6 Qualcomm claimed that Broadcom had undervalued the business but did propose to meet Broadcom officials, with the initial offer of $121 billion ($140 billion with debt).[421][422] On February 21, Broadcom reduced their offer to $117 billion in light of Qualcomms increased bid for NXP Semconductors.[423]
9 2018 Broadcom Qualcomm 117.0 126.3 On February 21, Broadcom reduced their offer to $117 billion in light of Qualcomms increased bid for NXP Semconductors.[423] The deal was effectively blocked after US President Donald Trump blocked any deal based upon national security grounds.[424]
10 2009 BHP Billiton (West Australian Iron Ore Assets) Rio Tinto (West Australian Iron Ore Assets) 116.0 146.5 Mining giants Rio Tinto and BHP Billiton abandoned a controversial merger of their Australian iron ore operations after anti-competition complaints from regulators and top customers including China.[425]
11 1999 MCI WorldCom Sprint 111.0 180.6 The Board of Sprint claimed that the first deal undervalued the company and thus rejected the proposal.[413]
12 2014 Pfizer Astra Zeneca 106.0 121.3 AstraZeneca claimed the deal undervalued the company.[426][427]
13 2018 Broadcom Qualcomm 103.0 111.1 $130 billion with assumed debt ($103 billion without), Qualcomm shareholders would get $60 in cash and $10 per share in Broadcom shares. Qualcomm rejected Broadcom's $103 billion takeover bid, saying the offer “dramatically” undervalued the U.S. company.[428][429]
14 2006 KKR
Texas Pacific Group		 The Home Depot 100.0 134.4 In a filing with the Securities & Exchange Commission, Home Depot said that its board "unanimously" supports the management team and its current strategy. The potential world record LBO bid never came to fruition after that.[430]
15 2014 Pfizer Astra Zeneca 98.9 113.2 AstraZeneca claimed the deal undervalued the company.[431]
16 2016 Honeywell United Technologies 90.0 101.6 Honeywell dropped a bid to acquire United Technologies, citing potential regulatory hurdles.[432][433]
17 2007 Barclays ABN AMRO 89.6 117.1 Barclays lost out after RBS Group, Fortis, and Banco Santander bid $98 billion with the plan to break ABN AMRO between the three banks.[434]
18 1999 Pfizer Warner-Lambert 82.4 134 Pfizer made a hostile bid, just after the announcement of a $65 billion deal with American Home Products, the eventual purchase price would be in excess of $90 billion.[435][436][437]
19 1999 Deutsche Telekom Telecom Italia 81.0 131.8 Olivetti was able to sway key Telecom Italia shareholders and win control of 51% of shares, killing the proposed merger of the telecommunication giants.[438][439]
20 2014 21st Century Fox Time Warner 80.0 91.6 21st Century Fox abandoned its takeover of Time Warner Inc., due to the unwillingness of the Time Warner Board to engage with the Fox executives. This also caused a sharp dip in Fox's stock price which made a deal unattractive to Fox shareholders.[440][441]
21 1998 American Home Products SmithKline Beecham 77.0 128 The deal was reportedly killed in response to British regulators who feared losing jobs to a proposed U.S. headquarters location.[442][443]
22 2019 KKR Walgreens Boots Alliance 70.0 74.2 KKR did not follow through with a formal bid as the potential world record LBO was simply deemed too large.[444][445]
23 2021 Unilever GlaxoSmithKline (Consumer Health Unit) 68.4 71.6 Unilever made the offer for Glaxo's household brands unit in late 2021 but Glaxo's board and Pfizer, which owns a minority stake in the business, rejected the bid as too low.[446]
24 2009 Xstrata Anglo American plc 68.0 85.9 Anglo American rejected rival mining group Xstrata's “merger of equals” proposal, knocking a no-premium marriage and a combination with what it regarded as Xstrata's inferior mines.[447]
25 2004 Comcast Disney 66.0 94.7 Comcast executives abandoned the deal to buy Walt Disney after both investors and Disney executives failed to agree on the acquisition.[448]
26 1999 Warner–Lambert American Home Products 65.0 105.7 Following the merger announcement, Pfizer filed a complaint against Warner-Lambert and initiated an ultimately successful hostile takeover. Pfizer was looking to secure the full rights to Lipitor which was co-marketed with Warner-Lambert.[449][450]
27 2018 Comcast 21st Century Fox 65.0 70.1 Main Article: Proposed acquisition of 21st Century Fox
28 2018 Takeda Pharmaceutical Shire 62.5 67.4 Third bid, unanimously rejected by the Shire Board, who concluded that it significantly undervalued the company, its growth prospects as well as pipeline.[451]
29 2018 Takeda Pharmaceutical Shire 62.1 67 Fourth bid with enhanced cash component, super-ceded by a fifth bid on April 24.[452]
30 2018 Takeda Pharmaceutical Shire 61.0 65.8 Second bid, unanimously rejected by the Shire Board, who concluded that it significantly undervalued the company, its growth prospects as well as pipeline.[451]
31 2002 Comcast MediaOne 60.0 90.4 Comcast initially bid $60 billion in stock for MediaOne but AT&T trumped them with a better offer of $62 billion in cash and stock.[157]
32 2020 NextEra Energy Duke Energy 60.0 62.8 NextEra Energy approached Duke Energy about a possible merger; however, Duke Energy rejected the bid. Even had Duke Energy accepted, the deal would have been unlikely to close due to regulatory hurdles particularly in the Carolinas, and Florida.[453][454]
33 2018 Takeda Pharmaceutical Shire 58.2 62.8 First bid, unanimously rejected by the Shire Board, who concluded that it significantly undervalued the company, its growth prospects as well as pipeline.[451]
34 2007 E.ON Endesa 54.0 70.6 Intervention from the Spanish Government delayed the planned takeover and E.ON's offer was eventually trumped by a $65.3 billion deal with Enel and Acciona. The two divested several Spanish assets to E.ON upon completion.[455][456][457]
35 2014 AbbVie Shire 54.0 61.8 The deal fell through over changes made to tax inversion legislation by the US Government.[458]
36 2014 Valeant Pharmaceuticals Allergan Inc 54.0 61.8 Allergan argued that the Valeant cash-and-stock offer, would hurt its shareholders, given the Canadian drug-maker's history of cutting research and development spending at companies it acquires. Allergan would be acquired by Actavis plc and form Allergan plc.[459]
37 2017 Disney 21st Century Fox 52.4 57.9 Main Article: Proposed acquisition of 21st Century Fox
38 2008 Bharti Airtel MTN Group 50.0 62.9 Bharti called off negotiations after MTN turned Bharti's takeover plan upside down, proposing to take over Bharti instead.[460]
39 2015 Anthem Cigna 48.0 54.9 The transaction was blocked by US Federal Judges on grounds of diminished competition and the 'irreparable harm' that would be done to the US health insurance market.[461]
40 2008 Microsoft Yahoo! 47.5 59.8 Yahoo pulled out of talks with Microsoft after they agreed to let Google sell search ads on its site.[462]
41 2015 Monsanto Syngenta 46.5 53.2 Monsanto dropped its hostile bid for Syngenta, refocusing on its five-year plan to double earnings and avoid a backlash from large shareholders.[463] Subsequently, Bayer purchased Monsanto, with ChemChina acquiring Syngenta.
42 2014 Comcast Time Warner Cable 45.2 51.7 Main Article: Attempted purchase of Time Warner Cable by Comcast
43 1996 Credit Suisse Union Bank of Switzerland 45.0 77.7 UBS not only spurned the offer from CS Holding but insisted that it had been "taken aback" by its rival's offer.[464]
44 2000 General Electric Honeywell 45.0 70.8 The EU Competition commission recommended blocking the deal, arguing that the merger would reduce competition - specifically within the aerospace industry - which could end up generating higher prices for consumers.[465][466]
45 2012 EADS BAE Systems 45.0 53.1 Lack of investor support, coupled with opposition from the UK Government, German Government and the French Government (which also has a direct holding in EADS).[467]
46 2018 Qualcomm NXP Semiconductors 44.0 47.5 Qualcomm raised their offer from $110 per share to $127.50 per share after pressure from activist investors.[468] In 2018, China failed to approve the merger, leading to its cancellation by Qualcomm on July 26, 2018.[469]
47 2000 United Technologies Honeywell 40.0 62.9 United Technologies ended merger talks with Honeywell after it had emerged that General Electric had dealt a counter-offer.[470][471]
48 2008 France Télécom TeliaSonera 40.0 50.3 France Telecom withdrew its bid after the two parties could not reach an agreement on the terms of the deal.[472]
49 2010 BHP Billiton PotashCorp 40.0 49.7 Potash Corp rejected the offer claiming it undervalued the company.[473]
50 2015 Teva Pharmaceutical Industries Mylan 40.0 45.7 In April, Teva offered to acquire Mylan for $40 billion,[474] only a fortnight after Mylan offered to acquire Perrigo for $29 billion.[475] Teva's offer for Mylan was contingent on Mylan abandoning its acquisition of Perrigo.[476] Mylan stated in June 2015 that Teva's disclosure that it had a 1.35 percent stake in Mylan violated US anti-trust rules.
51 2020 Nvidia Corporation SoftBank Group ( Arm Holdings) 40.0 41.9 Nvidia and the Softbank-owned Arm Holdings abandoned the attempted merger due to "significant regulatory challenges" as the US Federal Trade Commission filed a lawsuit to block the merger. Softbank stated that Arm is likely to IPO instead.[477][478]
52 2011 AT&T T-Mobile US 39.0 47 On August 31, 2011, the Antitrust Division of the United States Department of Justice formally announced that it would seek to block the takeover, and filed a lawsuit to such effect in federal court.[479]
53 2019 Hong Kong Exchanges and Clearing London Stock Exchange 39.0 41.3 $39 billion takeover proposal was rejected by the Board of the London Stock Exchange.[480][481][482]
54 1999 Global Crossing US West 37.0 60.2 Global Crossing lost out on acquiring US West after Qwest outbid them.[483][484]
55 2015 Aetna Humana 37.0 42.3 The transaction was blocked by US Federal Judges on grounds of diminished competition and the 'irreparable harm' that would be done to the US health insurance market.[461][485]
56 2010 Prudential AIA Group 35.5 44.1 Prudential tried to lower their bid to $30 billion following shareholder opposition but AIG (then parent of AIA) said they would “not consider” any alterations to the deal. Prudential subsequently withdrew the deal.[486]
57 2014 Omnicom Publicis 35.0 40.1 Proposed merger as Publicis Omnicom Group. Omnicom wanted their people to occupy the CEO, CFO and general counsel jobs. Uncertainty over the deal lead to a drop in revenue of $1.5 billion in the period.[487]
58 2019 Fiat Chrysler Renault 35.0 37.1 At the end of May 2019, news broke of a potential $35 billion merger-of-equals between Renault and Fiat Chrysler, aiming to create the third largest car manufacturer. The deal allegedly failed due to Nissan's abstaining from voting on the merger proposal and the French Government's stake in Renault.[488][489][490][491][492]
59 2020 Xerox HP Inc 35.0 36.6 Xerox's second bid of $35 billion consisting of cash-and-stock saw an increase of $2 per share to buy HP. HP declined and told shareholders it would return $16 billion to shareholders in the next three years to ward off a hostile takeover attempt.[493][494][495]
60 1998 American Home Products Monsanto 34.4 57.2 The companies said that the deal was abandoned because it was not in the best interest of the shareholders. Yet, people close to the deal said the merger was terminated because of the power struggle between the two companies’ chairmen.[496]
61 1999 Bank of Scotland NatWest 34.3 55.8 NatWest rejected the deal saying that it undervalued the company. They would end up being acquired by The Royal Bank of Scotland Group for $42.5 billion.[497]
62 2018 Comcast Sky plc 34.0 36.7 Comcast offered £17.28 per share, exceeding Fox's offer of £15.67 per share, in a blind auction set up by the UK's Takeover Panel.[498]
63 2021 Canadian National Railway Kansas City Southern 33.6 35.2 After US regulators rejected a key aspect of the proposed deal, Kansas City Southern notified Canadian National Railway that they were going to terminate the agreement. Kansas City Southern accepted Canadian Pacific Railway's revised offer of $31 billion which had previously been rejected in favor of the Canadian National Railway bid.[499]
64 2019 Xerox HP Inc 33.5 35.5 Xerox's $33.5 billion (£25.8 billion) cash-and-stock offer to buy bigger rival HP was declined, with HP indicating it might make its own counter-offer for Xerox.[500]
65 1994 Bell Atlantic Tele-Communications Inc 33.0 60.3 The companies blamed the deal's collapse on the FCC which voted to reduce cable television rates against the protests of the cable TV industry. The FCC denied this vehemently with an FCC commissioner James Quello saying “They [Bell Atlantic] may be paying too much for it [TCI].” [501]
66 2016 Energy Transfer Equity Williams Companies 33.0 37.3 Energy Transfer Equity terminated the merger agreement with Williams after ETE's counsel were unable to declare the deal as tax-free.[502]
67 2019 Chevron Corporation Anadarko Petroleum 33.0 35 On April 12, Chevron Corporation announced it would acquire Anadarko for $33 billion ($65 per share, 25% in cash, $50 billion including debt).[503] However, on April 24, Occidental Petroleum announced a counter-offer to Chevron's previous announcement, offering $38 billion ($76 per share, 50% in cash, $57 billion including debt) - Occidental's offer would ultimately prove successful.
68 2018 21st Century Fox Sky plc 32.5 35.1 Fox raised their offer to $32.5 billion for Sky.[504]
69 2016 Deutsche Börse London Stock Exchange Group 31.0 35 The merger was prohibited on competition grounds by the EU Commission.[505][506][507][508]
70 2018 Comcast Sky plc 31.0 33.5 Comcast offered $31 billion for Sky plc which Fox trumped.[509][510][511]
71 2021 Canadian Pacific Railway Kansas City Southern 31.0 32.5 Kansas City Southern rejected the bid as the Canadian National Railway bid was still the superior offer.[512]
72 2000 Deutsche Bank Dresdner Bank 30.0 47.2 Dresdner Bank abandoned the deal when the two couldn't agree on what to do with Dresdner's investment bank. Deutsche Bank wanted to sell most of it, but Dresdner did not want that to happen.[513]
73 2020 Aon plc Willis Towers Watson 30.0 31.4 Aon and Willis Towers Watson called off their merger after reaching an impasse with US regulators.[514][515]
74 2006 Aviva Prudential 29.6 39.8 Aviva's all-stock proposal was rejected by the Prudential Board, despite Aviva offering a premium to the current share price.[516]
75 2017 PPG Industries Akzo Nobel 29.5 32.6 Akzo again rejected PPG's bid, citing the deal still undervalued the company, as well as potentially facing antitrust risks, and not addressing other concerns such as "cultural differences"[517]
76 2004 Sumitomo Mitsui Financial Group UFJ Bank 29.2 41.9 UFJ Bank rejected the proposal as it had already committed to a merger with Mitsubishi Tokyo Financial Group.[518][519]
77 2017 Emerson Electric Rockwell Automation 29.0 32.1 Rejected as Rockwell believed the offer still undervalued the company.[520]
78 1997 GTE MCI 28.0 47.3 GTE made an unsolicited offer of $28 billion all-cash to MCI two weeks after Worldcom bid $30 billion in stock. Worldcom would end up winning with a $37 billion bid.[521]
79 2001 Lloyds TSB Group Abbey National 28.0 42.8 The British Government blocked the proposed merger as they believed it would be against the public interest.[522]
80 2005 Gas Natural Endesa 28.0 38.8 Endesa rejected the bid saying it was "manifestly insufficient". Endesa would be acquired for $65.3 billion by Enel and Acciona.[523][524]
81 2016 Canadian Pacific Norfolk Southern 28.0 31.6 Canadian Pacific Railway scrapped the deal after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement that was part of the bid. U.S. lawmakers, the U.S. military, and UPS and FedEx all opposed the merger as well.[525]
82 2016 Halliburton Baker Hughes 28.0 31.6 Oilfield services provider Halliburton and smaller rival Baker Hughes terminated their $28 billion merger deal after opposition from U.S. and European antitrust regulators.[526]
83 2007 Alcoa Alcan 27.6 36.1 Alcan rejected the offer as they believed it did not reflect the full value of the company and advised shareholders not to tender any of their shares to the bid.[527]
84 2017 Emerson Electric Rockwell Automation 27.6 30.5 Rejected as Rockwell believed the offer undervalued the company. The $27.6 billion was made up of $107.50 per share in cash with the rest of the balance being paid in 225 million shares of Emerson stock.[528][529][530]
85 2001 Prudential American General 26.5 40.6 Prudential's bid of $26.5 billion in stock was reduced to just over $20 billion when Prudential's shares plummeted after the announcement. AIG then stepped in and offered $23 billion which was accepted by American General.[531]
86 2017 PPG Industries Akzo Nobel 26.1 28.9 Akzo rejected the unsolicited offer, claiming the revised offer was still too low. Akzo claimed that key stakeholder issues as well as uncertainties and risks that had already been raised in response to earlier offers had not been answered.[532]
87 2007 Express Scripts Caremark Rx 26.0 34 Express Scripts bid $26 billion for Caremark Rx but refused to pay a $675 million breakup fee to void Caremark's pending merger with CVS. Even though Express Scripts offered $4 billion more than CVS, CVS and Caremark Rx completed their merger.[533]
88 2015 Mylan Perrigo 26.0 29.7 In order for the hostile takeover to go through successfully, Mylan needed 50% of Perrigos shares to be tendered under the deal. However, only 40% or 58 million shares were tendered and the hostile takeover fell through.[534]
89 2002 Hughes Electronics EchoStar 25.6 38.6 US and state anti-trust enforcers filed a lawsuit to halt the deal, claiming that the deal would eliminate competition and adversely effect consumers.[535][536]
90 2013 Dish Network Sprint Corporation 25.5 29.7 Sprint requested a revised offer but Dish stated that it was not practical to do so.[537]
91 2004 Johnson & Johnson Guidant 25.4 36.4 Johnson & Johnson announced that it was acquiring Guidant on December 15, 2004, for $76 a share, with the deal being approved on April 27, 2005, by Guidant shareholders. However, on May 25 of the same year, Guidant reported 26 cases of implantable defibrillator failure, including a death. Johnson & Johnson announced the possibility of them pulling out from the deal, Guidant then sued Johnson & Johnson in an attempt to enforce the acquisition. However, they later re-negotiated a lower price of $21.5 billion.[538]
92 2006 Boston Scientific Guidant 25.0 33.6 A day after Johnson & Johnson raised their price for Guidant to $23.2 billion, Boston Scientific announced a further increased offer.[538][539]
93 2007 J.C. Flowers & Co.
Friedman Fleischer & Lowe
Bank of America
JPMorgan Chase & Co.		 Sallie Mae 25.0 32.7 Sallie Mae attempted to craft an "alternative transaction" but the proposal was rejected. Subsequently, the takeover was dropped.[540][541]
94 2013 The Blackstone Group Dell 25.0 29.1 Blackstone noted in a letter to Dell's special committee that a "unprecedented 14 percent market decline in PC volume in the first quarter of 2013" worried the firm and didn't line up with Dell's projections for modest industry growth. In addition, Blackstone's evaluation of Dell showed a "rapidly eroding financial profile." Blackstone subsequently withdrew their bid.[542]
95 2021 Chubb The Hartford 25.0 26.2 The Hartford rejected two enhanced buyout offers.[543]
96 2005 Boston Scientific Guidant 24.6 34.1 With the re-negotiated lower price of $21.5 billion between Johnson & Johnson and Guidant, Boston Scientific announced an unsolicited offer of $24.6 billion for Guidant (an offer of $72 per share of Guidant, $36 in cash and a fixed number of Boston Scientific shares valued at $36 a share).[538][544]
97 2006 Johnson & Johnson Guidant 24.2 32.5 After Boston Scientific increased their offer to $25 billion, Johnson & Johnson further increased their offer to $24.2 billion.[538][545]
98 2017 PPG Industries Akzo Nobel 24.1 26.6 Akzo rejected the unsolicited offer, claiming the revised offer was still too low.[546]
99 1998 Bank of New York Mellon Bank Corporation 24.0 39.9 Bank of New York called off its takeover proposal after Mellon's Board declined to meet with Bank of New York officials to discuss the merger. The two would later merge in 2007.[547]
100 2018 Albertsons Rite Aid 24.0 25.9 Albertsons and Rite Aid called off the planned merger after several advisory firms recommended voting against the proposal.[548][549]
101 2021 Chubb The Hartford 23.9 25 The Hartford rejected two enhanced buyout offers.[543]
102 2021 Chubb The Hartford 23.2 24.3 The Hartford's board of directors unanimously rejected the unsolicited proposed takeover from Chubb stating that the transaction would "not be in the best interests of the company and its shareholders."[550]
103 2006 Johnson & Johnson Guidant 23.2 31.2 After the re-negotiated lower price of $21.5 billion was trumped by Boston Scientific's offer of $24.6 billion, Johnson & Johnson raised their offer to $23.2 billion.[538][551]
104 2016 Mondelez International The Hershey Company 23.0 26 Mondelez ceased its pursuit of the Hershey Co acquisition after the chocolate company turned down its $23 billion cash-and-stock offer.[552]
105 1995 Tracinda Chrysler 22.8 40.5 Tracinda, led by Kirk Kerkorian, was unable to come up with the financing in order to complete the deal. Chrysler was able to leverage its relationships with investment banks to block Kerkorian from being able to get the money necessary for the takeover.[553]
106 1996 British Telecom MCI 22.0 38 British Telecom held a partial stake in MCI since 1994 and was looking to acquire the entirety of it. Worldcom ended up winning the takeover fight with a $37 billion bid.[554]
107 2020 Seven & i Holdings Marathon Petroleum ( Speedway) 22.0 23 Seven & i walked away from the potential deal, citing concerns over the price.[555]
108 2021 DraftKings Entain 22.0 23 Neither DraftKings nor Entain explained exactly why the deal talks floundered but said in separate statements that they believed strongly in their individual growth prospects. The potential deal was likely hindered by Entain's joint venture with MGM, BetMGM.[556]
109 1989 James Goldsmith
Jacob Rothschild
Kerry Packer		 British American Tobacco 21.0 45.9 British American Tobacco rejected the deal as it planned to break up the conglomerate which the company's chairman Patrick Sheehy described as “most disadvantageous to the company, its shareholders, customers, policyholders and employees.”[557]
110 2014 Bouygues SFR 20.6 23.6 Bouygues offer was soon trumped by Numericable's, who purchased SFR for $23 billion.[558]
111 2017 Clariant Huntsman 20.0 22.1 After months of pressure from activist investors, the companies announced they would abandon their merger plans, with investors citing a reduction in shareholder value as the cause.[559]
112 2020 The Blackstone Group
Global Infrastructure Partners		 Kansas City Southern 20.0 20.9 Kansas City Southern rejected the $20 billion offer from a consortium led by the Blackstone Group and Global Infrastructure Partners.[560]

See also

Notes
  1. Joint Venture
  2. Dual Structure Consolidation
  3. Bailout
  4. Tax Inversion
  5. Not Completed

References
  1. "US Inflation Calculator". US Inflation Calculator. Archived from the original on 2013-10-28. Retrieved 2017-10-31.
  2. Karliner, Joshua (1997). The Corporate Planet: Ecology and Politics in the Age of Globalization. ISBN 9780871564344.
  3. "OilVoice".
  4. "History of United States Steel Corporation – FundingUniverse".
  5. "NEW HAVEN's GRASP; Greatly Strengthened by Its Acquisition of Boston & Maine Railroad. GIVES PRACTICAL MONOPOLY Mileage and Capitalization of Two Systems -- President Roosevelt's Attitude Toward Merger".
  6. "TRACTION MERGER TERMS MADE PUBLIC; $222,000,000 Holding Company for All Concerns. TO RETIRE PRESENT HOLDINGS Interborough Stock Admitted at 200 Plus 90 -- Metropolitan at 100 Plus 50 -- Transit Improvement Predicted. TRACTION MERGER TERMS MADE PUBLIC". The New York Times. 27 December 1905.
  7. "TRACTION MERGER TERMS MADE PUBLIC; $222,000,000 Holding Company for All Concerns. TO RETIRE PRESENT HOLDINGS Interborough Stock Admitted at 200 Plus 90 -- Metropolitan at 100 Plus 50 -- Transit Improvement Predicted. TRACTION MERGER TERMS MADE PUBLIC".
  8. "MIDVALE STEEL CO. HEADS BIG MERGER; Absorbs Worth Brothers and Remington Arms Co. In a $100,000,000 Concern. IS MAKING 2,000,000 RIFLES Has Option on 300,000,000 Tons of Ore ;- Issues $55,000,000 Stock for Companies Combined". The New York Times. 7 October 1915.
  9. "MIDVALE STEEL CO. HEADS BIG MERGER; Absorbs Worth Brothers and Remington Arms Co. In a $100,000,000 Concern. IS MAKING 2,000,000 RIFLES Has Option on 300,000,000 Tons of Ore ;- Issues $55,000,000 Stock for Companies Combined".
  10. "PLAN A $50,000,000 DRY GOODS MERGER; New Company Proposed to Take over the United and the Associated Merchants. C.N. BLISS TO BE PRESIDENT Proposed Concern to Control Lord & Taylor and a Number of the Big Stores in Other Cities". The New York Times. 4 December 1915.
  11. "The turning wheel; the story of General Motors through twenty-five years, 1908-1933". Garden City, N.Y., Doubleday, Doran & Company. 1934.
  12. "UTILITY EXPANSION a FEATURE OF 1928; Many Big Mergers Effected, Including Brooklyn Edisonand Consolidated Gas.EXTENSIVE FINANCING DONEA.T.&T. Led with $185,000,000Stock Offering--Refundingfor Other Systems. Leading Mergers of Year. Other Corporate Changes".
  13. "UP-STATE UTILITIES NEARER TO MERGER; Terms Reported for Exchange of Stocks of Three Companies with Holding Concern. $665,000,000 VALUE SEEN Assumes Market Price of $30 a Share for Acquiring Corporation --Counter Trading Active. New Shares Between 28 and 33 Holdings of United Corporation". The New York Times. 15 June 1929.
  14. "$522,000,000 MERGER OF UTILITIES FORMED; Control of American Light and Traction Acquired by United Light and Power. DEAL CLOSED SECRETLY Koppers and Mellon Interests Said to Have Engineered Move --Earnings Improve. LOCAL COMPANY AFFECTED Brooklyn Borough Gas 90 per Cent. Owned by Subsidiary of Dominant Corporation. Aided by Mellon Interests. Gas System Rivalry Seen". The New York Times. 10 September 1928.
  15. "Cms Energy Corp | Encyclopedia.com".
  16. "UTILITIES ADVANCE $650,000,000 UNION; Acquisition of Stocks of Three Companies by Pacific Gas and Electric Approved. COMMISSION LOOKS AHEAD Defers Deals for Properties-- Expects Lowering of Rates for Public's Benefit. Price Not Basis for Rates. Precedents to be Followed. UTILITIES ADVANCE $650,000,000 UNION". The New York Times. June 1930.
  17. "BIG STEEL MERGER VOTED BY BOARDS; Republic and Corrigan-McKinney Directors Act, with Offer to Acquire Truscon".
  18. "BETHLEHEM TO GET PITTSBURGH STEEL; Schwab and the Company's Officials Negotiate on Terms of the Proposed Merger. EXCHANGE OF STOCK BASIS Acquisition of Seamless Tube Plant is the Purpose of the Proposed Transaction". The New York Times. 13 November 1931.
  19. "STUDEBAKER IN DEAL TO BUY WHITE MOTOR; Directors of Both Concerns Approve Merger Involving Assets of $85,000,000. PLAN UP TO STOCKHOLDERS Terms Provide for Payment of $26,250,000 in Cash, Notes and Stock. WHITE TO OPERATE AS UNIT Share Owners to be Represented on Studebaker Board and Execu- tive Committee". The New York Times. 14 September 1932.
  20. "SINCLAIR TO ACQUIRE PIERCE PETROLEUM; $25,000,000 Purchase to be Made by Giving About One Share for Four. TOTAL ASSETS $425,000,000 Company Will Have Representation in 85 of 100 Principal Markets in the United States. Sinclair Assets at $425,000,000. Pierce Company 75 Years Old". The New York Times. 16 May 1930.
  21. "MERGER FINANCED BY PAN AMERICAN; 30-Bank Syndicate to Lend $59,000,000 for Purchase of Overseas Airlines". The New York Times. 21 September 1949.
  22. "NEW PLAN IS FILED BY COLUMBIA GROUP; Merger of Four Subsidiaries, Acquisition of Another is Proposed to SEC HEARING SET FOR SEPT. 8 Consolidation to Form a New Corporation is Objective of Utilities Concern".
  23. "TERMS ANNOUNCED IN DOHENY OIL DEAL; Union of California Co. To Give 600,000 Shares of Stock, $22,400,000 in Cash". The New York Times. 18 October 1949.
  24. "U.G.I. UNITS FILE PLAN FOR MERGERS; Four Concerns in Delaware and Maryland to Become Two in the System STOCK DEAL TO PRECEDE Proposal is Made Subject to Acquisition of Shares by Holding Company U.G.I. UNITS FILE PLAN FOR MERGERS".
  25. "Report on mergers" (PDF). www.ftc.gov. Archived (PDF) from the original on 2017-05-17. Retrieved 2017-11-22.
  26. "TimesMachine: KAISER HOSIERY SOLD TO BURLINGTON MILLS - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  27. "TimesMachine: General Telephone and Sylvania Vote to Merge; SYLVANIA MERGER GIVEN APPROVAL - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  28. "TimesMachine: NATIONAL SUPPLY, ARMCO SET TERMS; Directors Agree to Trade .85 Share of Former for 1 of Latter in Merger HOLDERS TO VOTE SOON Plan to Unite Steel Maker and Large Oil Equipment Concern Follows Trend - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  29. "TimesMachine: American Can Reaches Terms Of Merger Dead With Marathon; MERGER PLANNED BY AMERICAN CAN - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  30. "TimesMachine: MONSANTO PLANS LION OIL MERGER; Shareholders to Act Sept. 23 on Proposal for Combining Through Stock Transfer BOTH ISSUES ADVANCE Big Chemical Concern Would Enter Oil Field, Acquire Raw Materials Source - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  31. "TimesMachine: CONTINENTAL CAN PLANNING MERGER; Would Join With Robert Gair, Second Largest Maker of Folding Cartons in U.S. - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  32. "TimesMachine: $500,000,000 Merger Is Planned By Mathieson and Olin Industries; 2 Concerns, With 59 Diversified Plants, Agree to Unite on a Share-for-Share Basis - Stockholders Vote June 29 - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  33. "TimesMachine: MERGER EFFECTED BY OIL COMPANIES; Stockholder Meetings Vote to Organize the Sunray Mid-Continent Oil Co. - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  34. "TimesMachine: Merger Discussions Announced By Sperry and Remington Rand; No Terms Reached Yet, Presidents Say -Companies Have More Than $466 Million Assets, $600 Million Sales - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  35. "Warren Petroleum Company | The Encyclopedia of Oklahoma History and Culture". Okhistory.org. Retrieved 2021-11-24.
  36. "TimesMachine: Nash, Hudson Boards Approve Merger Into American Motors; $355 Million Concern, 4th in Car Industry, to Be Formed Next Friday - Stronger Competitive Position Is Forecast - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  37. Smith, William D. (1969-01-01). "Atlantic Richfield and Sinclair Oil Merge; $3.7-Billion Accord Is Largest in the Industry's History Atlantic Richfield and Sinclair Approve Terms of Merger Plan - The New York Times". The New York Times. Retrieved 2021-11-24.
  38. "TimesMachine: UNION OIL PUSHES BID FOR PURE OIL; Directors Approve Proposal to Proceed With Talks on Plan for Merger BASIC TERMS ARE SET Agreement Will Be Subject to Vote by Stockholders at Special Meeting COMPANIES PLAN SALES, MERGERS - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  39. "Hunt-Wesson, Inc. | Encyclopedia.com".
  40. Robards, Terry (1969-02-08). "XEROX IS SEEKING COMPUTER MAKER; $925-Million in Stock Would Be Given for the Shares of Scientific Data - The New York Times". The New York Times. Retrieved 2021-11-24.
  41. "TimesMachine: Directors Back Plan to Merge North American and Rockwell; COMPANIES PLAN MERGER ACTIONS - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  42. Reckert, Clare M. (1968-01-20). "SUN OIL PLANNING TO BUY SUNRAY DX; $763-Million Stock Transfer Would Be Largest Ever in Petroleum Industry - The New York Times". The New York Times. Retrieved 2021-11-24.
  43. Smith, William D. (1965-10-13). "CONTINENTAL OIL TO ADD COAL UNIT; Plans to Acquire Business of Consolidation Coal in a $620 Million Deal - The New York Times". The New York Times. Retrieved 2021-11-24.
  44. "TimesMachine: MARIETTA, MARTIN AGREE TO MERGER; Boards Propose Combining Concerns With Assets of More Than 600 Million HOLDERS MUST APPROVE Meetings Expected Soon -Details Not Disclosed -Share Exchange Slated MARIETTA, MARTIN AGREE TO MERGE - NYTimes.com". Timesmachine.nytimes.com. Retrieved 2021-11-24.
  45. "FINANCE COMPANY AGREES TO MERGE; Control Data to Give Shares Worth $582-Million for Commercial Credit Stock WARRANTS ALSO SET Deal Is Made After Attempt by Loew's to Acquire the Lending Concern FINANCE COMPANY AGREES TO MERGE - The New York Times". The New York Times. 1968-06-17. Retrieved 2021-11-24.
  46. "Worthington Completes Merger with Studebaker".
  47. "Shell to Purchase Calif. Oil Land For $3.65 Billion - The Washington Post". The Washington Post.
  48. Cole, Robert J. (6 July 1979). "C.I.T. And RCA Reveal Discussions on Merger". The New York Times.
  49. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=3076830020
  50. "Exxon to Acquire Balance of Reliance". The New York Times. 30 October 1979.
  51. "Carrier Won't Bar United Link". The New York Times. 23 December 1978.
  52. "Company News". The New York Times. 31 March 1979.
  53. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=691467020
  54. Parisi, Anthony J. (23 March 1979). "Mobil Bids $765 Million for General Crude Oil". The New York Times.
  55. Smith, Gene (3 July 1976). "Arco Plans to Buy Rest of Anaconda". The New York Times.
  56. "Anaconda Holders Back Arco Merger". The New York Times. 2 November 1976.
  57. "Reynolds Sued on Bid". The New York Times. 14 December 1978.
  58. "Olinkraft Approves Johns‐Manville Tie". The New York Times. 29 December 1978.
  59. Cole, Robert J. (19 November 1977). "Kennecott's $66 Carborundum Bid Tied to a Big Offer by Continental". The New York Times.
  60. "Company News". The New York Times. 20 June 1978.
  61. Cole, Robert J. (8 August 1978). "Beatrice, Tropicana in Merger". The New York Times.
  62. Hollie, Pamela G. (26 December 1977). "Unilever Stirs Speculators with Bid on National Starch". The New York Times.
  63. Smith, William D. (3 April 1975). "Burmah Oil Plans to Sell 2 U.S. Units to Pay Debt". The New York Times.
  64. "Company News". The New York Times. 15 February 1979.
  65. "Company News". The New York Times. 3 August 1979.
  66. Walton, Justin (10 November 2015). "10 Most Famous Leveraged Buyouts". Archived from the original on 8 August 2018. Retrieved 8 August 2018.
  67. "The Top 10 Buyouts".
  68. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=126352040
  69. "Japan Merger to Create No. 2 Bank in World : Mitsui, Taiyo Kobe Banks Agree to Join in April; Assets Would be 2nd to Dai-Ichi Kangyo". Los Angeles Times. 29 August 1989.
  70. Norris, Floyd (5 March 1989). "Time Inc. And Warner to Merge, Creating Largest Media Company". The New York Times.
  71. "F.T.C. Approves Chevron-Gulf Deal". The New York Times. 25 October 1984. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  72. Cole, Robert J. (31 October 1988). "Kraft Being Sold to Philip Morris for $13.1 Billion". The New York Times.
  73. "Bristol-Myers, Squibb Agree to Merge : $12-Billion Stock Swap Would Form 2nd-Largest Drug Firm". Los Angeles Times. 28 July 1989.
  74. "Texaco-Getty Deal Approved". The New York Times. 11 July 1984.
  75. Lohr, Steve (13 April 1989). "SmithKline, Beecham to Merge". The New York Times.
  76. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=117095020
  77. "BP to acquire rest of Standard Oil". Chemical & Engineering News Archive. 65 (13): 5. 30 March 1987. doi:10.1021/cen-v065n013.p005a.
  78. "BP Offers $7 Billion for Standard Oil". Los Angeles Times. 26 March 1987.
  79. Cole, Robert J. (29 April 1987). "B.p. In $7.82 Billion Deal for Standard". The New York Times.
  80. "Du Pont to swallow Conoco in record-breaking merger". Christian Science Monitor. 7 July 1981. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  81. "FEDERATED STORES ACCEPTS CAMPEAU TAKEOVER OFFER - The Washington Post". The Washington Post.
  82. Crudele, John (12 December 1985). "G.e. Will Purchase Rca in a Cash Deal Worth $6.3 Billion". The New York Times.
  83. Cole, Robert J. (12 March 1982). "Marathon Holders Vote Merger with U.S. Steel". The New York Times.
  84. "Beatrice to be Acquired by Kohlberg : $6-Billion Leveraged Buy-Out Accord is Biggest in History". Los Angeles Times. 15 November 1985.
  85. Cole, Robert J. (28 September 1985). "Philip Morris to Buy General Foods for $5.8 Billion". The New York Times.
  86. "3 Major Gold Producers in Canada Plan Merger". The New York Times. 7 May 1987.
  87. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=20798040
  88. Potts, Mark (12 March 1984). "Mobil Agrees To Buy Superior For $5.7 Billion". Archived from the original on 1 December 2017. Retrieved 22 November 2017 – via www.washingtonpost.com.
  89. "Grand Met Agrees to Buy Pillsbury for $5.7 Billion". Los Angeles Times. 19 December 1988.
  90. "Dow Chemical to Get Control of Marion Labs : $5-Billion-Plus Deal is an Effort to Diversify". Los Angeles Times. 18 July 1989.
  91. Vartan, Vartanig G. (6 November 1984). "Market Place; Royal Dutch and Shell Oil". The New York Times.
  92. Hayes, Thomas C. (13 December 1990). "Shell Oil Shareholders Awarded $110 Million". The New York Times.
  93. "Gold Fields Takes New Hanson Bid". The New York Times. 5 July 1989.
  94. "GM to Purchase Hughes Aircraft : Will Pay $5.2 Billion in Cash, Stock; Outbids Ford Motor Co. And Boeing". Los Angeles Times. 6 June 1985.
  95. "Behind the Batus-Farmers Deal : $5.2-Billion Merger Hinged on Chemistry Between Chairmen". Los Angeles Times. 26 August 1988.
  96. Sims, Calvin (6 July 1987). "7-Eleven Owner in $5 Billion Deal to Sell Company". The New York Times.
  97. Freudenheim, Milt (22 November 1988). "Buyout Set for Chain of Hospitals". The New York Times.
  98. "Our History".
  99. Wayne, Leslie (23 January 1988). "Kodak Agrees to Buy Sterling for $5.1 Billion". The New York Times.
  100. Feder, Barnaby J. (27 June 1981). "Aquitaine to Acquire Texasgulf". The New York Times.
  101. "Reynolds to Buy Nabisco in $4.9 Billion Deal - The Washington Post". The Washington Post.
  102. Sanger, David E. (28 May 1986). "Burroughs, in Challenge to I.b.m., to Acquire Sperry for $4.8 Billion". The New York Times.
  103. "Sony-Columbia Pictures: Lessons from a Cross Border Acquisition".
  104. "M&A Statistics - Worldwide, Regions, Industries & Countries". IMAA-Institute. Archived from the original on 2018-03-15. Retrieved 2017-09-06.
  105. "Mannesmann to accept bid - February 3, 2000". CNN. February 3, 2000. Archived from the original on May 26, 2015. Retrieved January 2, 2016.
  106. "Pfizer and Warner-Lambert agree to $90 billion merger creating the world's fastest-growing major pharmaceutical company". pfizer.ca. Archived from the original on 2 February 2014. Retrieved 22 November 2017.
  107. "Exxon, Mobil mate for $80B - December 1, 1998". CNN. December 1, 1998. Archived from the original on December 26, 2015. Retrieved January 2, 2016.
  108. "FINANCE: EXXON-MOBIL MERGER COULD POISON THE WELL". Archived from the original on 24 September 2015. Retrieved 28 August 2015.
  109. Martin, Mitchell (7 April 1998). "Citicorp and Travelers Plan to Merge in Record $70 Billion Deal : A New No. 1:Financial Giants Unite". The New York Times.
  110. "Washingtonpost.com: Bell Atlantic, Vodafone Join Wireless Services". The Washington Post.
  111. "Astra, Zeneca to Merge".
  112. Martin, Mitchell (14 April 1998). "Nations Bank Drives $62 Billion Merger : A New BankAmerica:Biggest of U.S. Banks". The New York Times.
  113. "SBC to buy Ameritech - May 11, 1998".
  114. "British Company Buys AirTouch for $56 Billion / Vodafone outbids Bell Atlantic for S.F. Cellular company". 16 January 1999.
  115. "BBC News | the Company File | TotalFina and Elf agree 'friendly' merger".
  116. "Fool.com: Bell Atlantic and GTE Agree to Merge (Feature) July 28, 1998". Archived from the original on 2015-09-19. Retrieved 28 August 2015.
  117. "BELL ATLANTIC, NYNEX STRIKE MERGER DEAL - The Washington Post". The Washington Post.
  118. "BP, Amoco merger OK'd - Dec. 30, 1998".
  119. "AT&T-TCI merge nears go - Feb. 17, 1999".
  120. "A Bank Merger for the Record Books".
  121. "Sumitomo, Sakura to merge - Oct. 14, 1999".
  122. "Qwest, US West merger a done deal".
  123. "Hoechst, Rhone Confirm Talks". CBS News.
  124. "RBS launches $43B bid for NatWest - Nov. 29, 1999".
  125. Strom, Stephanie (15 October 1999). "INTERNATIONAL BUSINESS; Japan Banks to Merge, with Wider Effects". The New York Times.
  126. "Chrysler, Daimler Benz in auto merger deal - May 7, 1998".
  127. "WorldCom and MCI announce $37 billion merger". 10 November 1997.
  128. "Mannesmann cements $33 billion Orange offer - Oct. 21, 1999".
  129. "Viacom buys CBS for $35.6 billion - Sep. 7, 1999".
  130. "Wells Fargo to buy Norwest in $34 billion deal - Jun. 8, 1998".
  131. Sylvers, Eric (13 March 2003). "Olivetti-Telecom Italia Merger Planned". The New York Times.
  132. Wudunn, Sheryl (29 March 1995). "International Business; Merger to Create New Japan Bank, World's Largest". The New York Times.
  133. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=247781040
  134. "Banc One to acquire First Chicago $29.8 billion purchase creates Midwest giant, 5th largest U.S. Bank; Banking".
  135. "Ciba, Sandoz in huge drug merger". 7 March 1996.
  136. "BP Amoco Reaches Deal to Buy Atlantic Richfield for $26.8 Billion". Wall Street Journal. 2 April 1999.
  137. "Pharmacia & Upjohn, Monsanto to Merge in $26.5-Billion Deal". Los Angeles Times. 20 December 1999.
  138. "Lucent, Ascend Marriage Holds Challenges / Merger a good fit but will need tending, analysts say". 28 June 1999.
  139. "UBS, SBC in $25B merger - Dec. 8, 1997".
  140. "Clear Channel-AMFM Merger Gets Approval". Los Angeles Times. 30 August 2000.
  141. "Buffett's troubled Gen Re acquisition".
  142. "AOL and Time Warner to merge - January 10, 2000". CNN. January 10, 2000. Archived from the original on December 3, 2017. Retrieved January 2, 2016.
  143. "French GDF, Suez Agree to Power Merger". CNBC. 3 September 2007.
  144. "The biggest mergers in history". The Telegraph. 8 April 2016.
  145. "Rival Bidders Offer $98 Billion for ABN Amro".
  146. "Shell shareholders approve merger". 28 June 2005.
  147. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=1613536040
  148. "Glaxo, SmithKline to tie". 17 January 2000.
  149. "AT&T Broadband to Merge with Comcast Corporation in $72 Billion Transaction". 19 December 2001.
  150. "Banca Intesa, Sanpaolo agree to merge". 26 August 2006.
  151. Karnitschnig, Matthew (26 January 2009). "Pfizer to Pay $68 Billion for Wyeth - WSJ". Wall Street Journal.
  152. "Treasury plans $18 billion AIG stock sale". 10 September 2012.
  153. "AT&T To Buy BellSouth For $67 Billion". CBS News. March 5, 2006. Archived from the original on October 5, 2013. Retrieved January 2, 2016.
  154. "AT&T Press Release Headlines & News from AT&T". Archived from the original on 11 October 2007. Retrieved 28 August 2015.
  155. Reuters
  156. "Sanofi-Synthelabo lands Aventis for $64 billion - Apr. 26, 2004".
  157. "MediaOne-AT&T deal pushes Comcast aside".
  158. "Pfizer to Acquire Pharmacia for $60 Billion".
  159. "J. P. Morgan to buy Bank One for $58 billion". CNNMoney.com. 2004-01-15. Archived from the original on 2016-01-19.
  160. Reuters
  161. "Procter & Gamble Acquires Gillette". CBS News.
  162. "Anheuser-Busch accepts $52 billion InBev offer".
  163. "Deutsche Telekom Agrees to Acquire VoiceStream Wireless for $50.7 Billion". Wall Street Journal. 24 July 2000.
  164. Reuters
  165. "Bank of America to Buy Merrill Lynch for $50 Billion". CNBC. 14 September 2008.
  166. "Government sells last of its GM shares". USA Today.
  167. "Bank of America to Acquire Fleet for $47 Billion".
  168. Pollack, Andrew (12 March 2009). "Roche Agrees to Buy Genentech for $46.8 Billion". The New York Times.
  169. "Citigroup chief thanks taxpayers for $45 billion bailout". 5 March 2010.
  170. "Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup".
  171. "BofA repays all of government bailout funds". NBC News.
  172. Reuters
  173. Reuters
  174. "JDS Uniphase Agrees to Purchase Rival SDL for $41 Billion in Stock". Wall Street Journal. 10 July 2000.
  175. "Cingular, AT&T Wireless close $41 billion merger". 26 October 2004.
  176. "Exxon Mobil to buy XTO Energy in $41 billion deal".
  177. "France Telecom to acquire Orange in $40B deal". 31 May 2000.
  178. Reuters
  179. "Rio Tinto to buy Alcan for $38 billion".
  180. "Pacific Century CyberWorks Finalizes Takeover of Cable & Wireless HKT". Wall Street Journal. 18 August 2000.
  181. "Tokyo Mitsubishi, UFJ set merger terms". NBC News.
  182. Cullen, Lisa Takeuchi (20 December 2006). "Top 10 Everything 2006 - TIME". Time.
  183. Sorkin, Andrew Ross; Pristin, Terry (20 October 2006). "Blackstone acquires trust in largest buyout - Business - International Herald Tribune". The New York Times.
  184. "Conoco buying Burlington for $35.6B".
  185. "Chevron and Texaco: Another Oil Merger". CBS News.
  186. "Sprint, Nextel agree to $35 billion merger".
  187. "Bank of America Acquires MBNA". CBS News.
  188. "Vivendi to Buy Seagrams". CBS News.
  189. "Arcelor accepts Mittal's $33.65 billion offer".
  190. Reuters
  191. "Telefonica bids £18bn for UK's O2". 31 October 2005.
  192. Sorkin, Andrew Ross (19 June 2006). "Nokia and Siemens to merge in $31.6 billion deal - Business - International Herald Tribune". The New York Times.
  193. "Citigroup buys Associates First for $31B - Sep. 6, 2000".
  194. "Chase Manhattan to Acquire J.P. Morgan for $30.9 Billion".
  195. Reuters
  196. Reuters
  197. Reuters
  198. Reuters
  199. "Belgium's KBC to Merge with Parent Almanij". Wall Street Journal. 23 December 2004.
  200. "Verizon Wireless to buy Alltel".
  201. "Australia's BHP, Britain's Billiton agree to merger - Mar. 19, 2001".
  202. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=1375936040
  203. "Alltel agrees to $27.5 billion buyout; shares rise".
  204. "Guidant battle ends in favor of Boston Scientific". NBC News.
  205. "Bain Capital Wins Again: $20-Billion Leveraged-Buyout Queen Topples, Biggest in Years, Another Private Equity Casualty". 15 March 2018.
  206. "Buffett Bets Big on Railroad". Wall Street Journal. 4 November 2009.
  207. "Hilton Hotels Acquired by Blackstone Group". CBS News.
  208. Reuters
  209. "Wachovia acquires Golden West Financial". NBC News.
  210. "The government has recovered 90% of the £20 billion it paid to bail out Lloyds". Business Insider.
  211. "Deal closes: Harrah's now private". 30 January 2008.
  212. "HP News - Hewlett-Packard and Compaq agree to merge, creating $87 billion global technology leader".
  213. "JPMorgan Profit Hit by Bailout Repayment".
  214. Shwiff, Kathy (29 October 2008). "Wells Fargo Receives $25 Billion from Treasury". Wall Street Journal.
  215. Reuters
  216. "AIG to buy American General - May 11, 2001".
  217. "Mars, Buffett to buy Wrigley for $23 billion".
  218. Reuters
  219. "Kinder Morgan agrees to $22 billion buyout".
  220. Reuters
  221. "Bayer completes acquisition of Schering AG". 12 July 2006.
  222. "Verisign acquires Network Solutions for $21B - Mar. 7, 2000".
  223. Atlas, Riva D. (5 October 2000). "U.S. Bancorp to be Acquired by Firstar for $21 Billion". The New York Times.
  224. "HCA agrees to $21B leveraged buyout by private equity firms - Jul. 24, 2006".
  225. "CVS to Buy Caremark in $21 Billion Deal".
  226. "Bank of America completes LaSalle acquisition - Business First of Columbus". Archived from the original on 2007-11-04.
  227. Hays, Constance L. (7 June 2000). "Unilever Deal for Bestfoods Signals More Acquisitions". The New York Times.
  228. "The man who bought trouble". The Economist. 5 July 2007.
  229. "Vodafone sells Verizon stake for $130bn". BBC News. 2 September 2013. Archived from the original on 17 June 2018. Retrieved 21 July 2018.
  230. "Dow Chemical, DuPont reach deal on merger". USA TODAY. 11 December 2015. Archived from the original on 1 September 2017. Retrieved 3 September 2017.
  231. "United Technologies nears deal to merge aerospace unit with Raytheon: Source". Reuters. 8 June 2019. Archived from the original on 2019-06-11. Retrieved 2019-06-10.
  232. "Trump says United Tech, Raytheon deal may hurt competition". Reuters. 10 June 2019. Archived from the original on 2019-06-10. Retrieved 2019-06-10.
  233. "United Technologies, Raytheon slip after Trump comments on mega deal". Reuters. 10 June 2019. Archived from the original on 2019-06-10. Retrieved 2019-06-10.
  234. "United Technologies expects regulatory approvals by early 2020 for Raytheon deal". Reuters. 10 June 2019. Archived from the original on 2019-06-11. Retrieved 2019-06-10.
  235. "DOJ approves Anheuser-Busch InBev's $107 billion deal for SABMiller". USA Today.
  236. "Heinz to merge with Kraft to create US food giant". Telegraph.co.uk. 25 March 2015. Archived from the original on 2 March 2018. Retrieved 4 April 2018.
  237. "Energy Transfer (ETE) to Snap up Its MLP in Consolidation Wave".
  238. "Pipeline giant Energy Transfer to simplify structure through merger". 2 August 2018.
  239. Editorial, Reuters (20 October 2017). "Linde passes important 50 percent threshold in Praxair tender". reuters.com. Archived from the original on 30 October 2017. Retrieved 22 November 2017.
  240. Reuters
  241. "AT&T to Acquire Time Warner - AT&T". about.att.com. Archived from the original on 2018-04-03. Retrieved 2018-04-23.
  242. Reuters
  243. "EX-99.1". Archived from the original on 2017-03-02. Retrieved 2017-09-03.
  244. "Archived copy". Bloomberg News. Archived from the original on 2019-01-03. Retrieved 2019-01-03.{{cite web}}: CS1 maint: archived copy as title (link)
  245. "Celgene, Bristol-Myers set $2.2 billion termination fee for their mega deal". Reuters. 4 January 2019. Archived from the original on 2019-01-07. Retrieved 2019-01-06.
  246. "2019 Begins with a $74 Billion Bang as BMS Buys Celgene". Archived from the original on 2019-01-07. Retrieved 2019-01-06.
  247. "BMS CEO Giovanni Caforio Lays out Reasoning for $74 Billion Acquisition of Celgene". Archived from the original on 2019-01-07. Retrieved 2019-01-06.
  248. "The Walt Disney Company Signs Amended Acquisition Agreement To Acquire Twenty-First Century Fox, Inc., For $71.3 Billion In Cash And Stock - The Walt Disney Company". 20 June 2018. Archived from the original on 22 June 2018. Retrieved 14 August 2018.
  249. Vengattil, Munsif (20 June 2018). "Disney hikes bid for Fox assets to $71.3 billion, tops Comcast". Reuters.
  250. "Kinder Morgan May Target Oil, Gas and Coal After $71 Billion Deal".
  251. Chen, Angela (17 March 2015). "Actavis Completes Acquisition of Allergan". Wall Street Journal.
  252. Javier Blas and Rakteem Katakey (8 April 2015). "Shell Will Buy BG Group for $70 Billion in Cash, Shares". Bloomberg.com. Archived from the original on 25 February 2017. Retrieved 8 March 2017.
  253. Chazan, Guy; Oakley, David; Barrett, Claer (8 April 2015). "Shell's £47bn swoop on BG Group opens way to wave of energy deals". Financial Times. Archived from the original on 14 March 2018. Retrieved 13 March 2018.
  254. "Saudi Aramco to buy SABIC in $69 billion chemicals megadeal". Reuters. 27 March 2019. Archived from the original on 2019-03-27. Retrieved 2019-03-27.
  255. Roumeliotis, Carl O'Donnell and Greg (3 November 2017). "CVS, Aetna aim to finalize deal as early as December: sources". reuters.com. Archived from the original on 21 November 2017. Retrieved 22 November 2017.
  256. Banerjee, Ankur (27 October 2017). "CVS deal for Aetna could help retailer face Amazon entry: analysts". reuters.com. Archived from the original on 13 November 2017. Retrieved 22 November 2017.
  257. "CVS agrees to buy Aetna in $69 billion deal that could shake up health-care industry - The Washington Post". The Washington Post.
  258. "EMC Takeover Marks Return of Michael Dell". Wall Street Journal. 13 October 2015.
  259. Hirschler, Ben (8 May 2018). "Japan's Takeda clinches £45.3 billion Shire deal as pharma M&A..." Reuters. Archived from the original on 2018-05-08. Retrieved 2018-05-08.
  260. Reuters
  261. "Takeda is closing in on buying Adderall maker Shire for $64 billion in pharma's biggest deal of the year". Business Insider.
  262. "AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan". Reuters. 25 June 2019. Archived from the original on 2019-06-25. Retrieved 2019-06-25.
  263. "GSK completes transaction with Pfizer to form new world-leading Consumer Healthcare Joint Venture | GSK".
  264. Reuters
  265. Reuters
  266. Editorial, Reuters (March 2018). "EU clears merger of Essilor, Luxottica without conditions". Reuters. Archived from the original on 2018-03-01. Retrieved 2018-03-01.
  267. "Archived copy". uk.reuters.com. Archived from the original on 14 February 2014. Retrieved 12 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  268. Burger, Ludwig (26 October 2017). "Bayer cuts Monsanto deal value to $63.5 billion on revised debt". Reuters. Archived from the original on 2018-03-14. Retrieved 2018-03-13.
  269. "Bayer sells assets for $7 billion ahead of Monsanto deal". CBS News. Archived from the original on 2018-03-14. Retrieved 2018-03-13.
  270. "Press Releases".
  271. Reuters
  272. Reuters
  273. Gryta, Thomas (24 July 2015). "AT&T Closes $49 Billion DirecTV Buy". Wall Street Journal.
  274. "Reynolds Agrees to Merge with British American Tobacco".
  275. "A deal for DuPont's food business will create a $45 billion giant | CNN Business". CNN. 16 December 2019.
  276. "ChemChina Clinches Its $43 Billion Takeover of Syngenta".
  277. "Medtronic buys Covidien for $42.9 billion". 15 June 2014.
  278. "Allergan Accelerates Transformation to Branded Growth Pharma Leader by Divesting Global Generics Business to Teva for $40.5 Billion". Allergan. 27 July 2015. Archived from the original on 25 November 2015. Retrieved 27 November 2015.
  279. Koons, Cynthia (27 July 2015). "Teva CEO: $40.5 Billion Allergan Deal is Just the Beginning". Bloomberg L.P. Archived from the original on 28 December 2015. Retrieved 27 November 2015.
  280. Somayaji, Chitra (27 July 2015). "Teva Snaps Up Allergan's Generics Arm, Dumping Mylan". Bloomberg L.P. Archived from the original on 27 December 2015. Retrieved 27 November 2015.
  281. Sandle, Paul (12 July 2018). "Comcast raises bid for Sky to $34 billion, tops Fox's offer". Reuters. Archived from the original on 2018-07-16. Retrieved 2018-07-16.
  282. Martin, Ben (22 September 2018). "Comcast outbids Fox with 30.6 billion pounds winning offer for Sky". Reuters. Archived from the original on 2018-09-22. Retrieved 2018-09-22.
  283. "Comcast to acquire Sky for $39 billion following bidding war".
  284. Roumeliotis, Greg (30 March 2018). "Global mergers and acquisitions reach record high in first quarter". Reuters. Archived from the original on 2018-03-30. Retrieved 2018-03-30.
  285. Hiller, Jennifer (24 April 2019). "Occidental offers $38 billion for Anadarko, topping Chevron". Reuters. Archived from the original on 2019-04-24. Retrieved 2019-04-24.
  286. Chiglinsky, Katherine; Basak, Sonali (10 August 2015). "Buffett to Acquire Precision Castparts in $37.2 Billion Deal". Bloomberg L.P. Archived from the original on 24 March 2018. Retrieved 2018-03-23.
  287. Reuters
  288. Roumeliotis, Greg (30 April 2018). "T-Mobile, Sprint say $26 billion deal would give U.S. tech lead..." Reuters. Archived from the original on 2018-05-01. Retrieved 2018-04-30.
  289. "T-Mobile's acquisition of Sprint increases in value thanks to amended deal". 25 February 2020.
  290. "U.S. Firm FIS buys Worldpay for $35 billion in payments deal bonanza". Reuters. 18 March 2019. Archived from the original on 2019-03-18. Retrieved 2019-03-18.
  291. Reuters
  292. "It's OFFICIAL: IBM is acquiring software company Red Hat for $34 billion". Business Insider. Archived from the original on 2018-10-28. Retrieved 2018-10-28.
  293. "M&A Deals Reach Record Levels". Archived from the original on 2016-01-29. Retrieved 2016-01-31.
  294. "Shire, Baxalta Complete $32B Merger". 3 June 2016.
  295. "SoftBank completes $31 billion acquisition of ARM". 5 September 2016.
  296. Reuters
  297. "GDF Buys International Power, Pays Special Dividend". Bloomberg News. 10 August 2010.
  298. Reuters
  299. "United Technologies to buy Rockwell Collins for $30 billion, combine aerospace operations". CNBC. 5 September 2017.
  300. "Johnson & Johnson to Acquire Actelion in $30 Billion Deal". Wall Street Journal. 26 January 2017.
  301. "Yahoo Japan and Line are merging to fend off US tech giants | CNN Business". CNN. 18 November 2019.
  302. "PCS INVESTOR PRESENTATION MARCH 2013" (PDF).
  303. Reuters
  304. Reuters
  305. Reuters
  306. "BB&T to buy SunTrust in biggest U.S. Bank deal in a decade". Reuters. 7 February 2019. Archived from the original on 2019-02-07. Retrieved 2019-02-07.
  307. "Reynolds, Lorillard in tobacco merger". 15 July 2014.
  308. "Potash Corp. and Agrium to Merge, Creating Fertilizer Giant". Bloomberg News. 12 September 2016.
  309. Moise, Pamela Barbaglia (27 July 2019). "London Stock Exchange in talks to buy Refinitiv for $27 billion". Reuters. Archived from the original on 2019-07-30. Retrieved 2019-07-30.
  310. "Microsoft to acquire LinkedIn | News Center". news.microsoft.com. 13 June 2016. Archived from the original on 2016-06-13. Retrieved 2016-06-13.
  311. "Duke Energy, Progress Energy to merge in $26B deal". 9 January 2011.
  312. "Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal". CNBC. 25 November 2019.
  313. "Actavis to Buy Forest Laboratories for $25 Billion". Bloomberg News. 18 February 2014.
  314. "Abbott Laboratories to buy St. Jude Medical for $25 billion". USA Today.
  315. "The CBS-Viacom Merger is Going to Close Next Week".
  316. "While No Magic Pill, Mylan Deal Might Just Revive Drugmaker". 29 July 2019.
  317. "French group to take over Westfield malls for $25 billion". 12 December 2017.
  318. Damouni, Poornima Gupta (5 February 2013). "Dell to go private in landmark $24.4 billion deal". Reuters. Archived from the original on 2018-07-01. Retrieved 2018-12-29.
  319. "Dell Enters into Agreement to be Acquired by Michael Dell and Silver Lake". 5 February 2013. Archived from the original on 2018-12-29. Retrieved 2018-12-29.
  320. "CenturyLink completes purchase of Qwest". April 2011.
  321. "Spain's Bankia seeks 19bn-euro bailout from government". BBC News. 25 May 2012.
  322. "Hutchison, VimpelCom to Merge Italy Assets in $24 Billion Deal". 6 August 2015.
  323. "CenturyLink to buy Level 3 Communications for about $24 billion". CNBC. 31 October 2016.
  324. "Becton Dickinson buys CR Bard for $24 billion to form medical supply giant; Bard shares surge 20%". CNBC. 24 April 2017.
  325. Reuters
  326. Reuters
  327. "As Treasury Moves to Bring Back Inversions, Here are 7 of the Biggest Recent Deals".
  328. "Liberty Global to buy Virgin Media for $23.3bn". BBC News. 6 February 2013.
  329. Reuters
  330. "Berkshire and 3G Capital in a $23 Billion Deal for Heinz".
  331. Bender, Ruth (27 October 2014). "France Approves Numericable's Acquisition of SFR". Wall Street Journal.
  332. "Drahi's Numericable Agrees to Acquire Virgin Mobile in France". 30 June 2014.
  333. Reuters
  334. Benny, John (30 April 2018). "Marathon to become top U.S. refiner with $23 bln Andeavor buy". Reuters. Archived from the original on 2018-04-30. Retrieved 2018-04-30.
  335. Reuters
  336. "Facebook $22 Billion WhatsApp Deal Buys $10 Million in Sales". 28 October 2014.
  337. Landini, Francesca (13 March 2018). "Italy's Atlantia joins ACS to end $22 billion battle for Spain's..." Reuters. Archived from the original on 2018-03-14. Retrieved 2018-03-14.
  338. French, Siddharth Cavale (16 January 2019). "Fiserv to buy First Data for $22 billion to boost payments business". Reuters. Archived from the original on 2019-01-16. Retrieved 2019-01-16.
  339. Sandle, Paul (9 May 2018). "Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal". Reuters. Archived from the original on 2018-05-10. Retrieved 2018-05-09.
  340. "スプリント買収（子会社化）の完了に関するお知らせ".
  341. "Sprint-Softbank merger a done deal".
  342. "Weather Investments/Orascom Telecom in $21.5 Billion Combination with VimpelCom".
  343. Panchadar, Arjun (28 May 2019). "Global Payments to buy TSYS for $21.5 billion in latest fintech deal". Reuters. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  344. Mishra, Ankit Ajmera (25 February 2019). "GE inks $21 billion biopharma sale to Danaher in U-turn under Culp". Reuters. Archived from the original on 2019-02-25. Retrieved 2019-02-25.
  345. "Johnson & Johnson and Synthes Announce Definitive Merger Agreement to Create World's Most Innovative and Comprehensive Orthopaedics Business | Johnson & Johnson".
  346. Reuters
  347. Reuters
  348. "Cravath, Swaine & Moore LLP".
  349. "AbbVie to Buy Pharmacyclics in $21 Billion Deal". Wall Street Journal. 5 March 2015.
  350. Reuters
  351. Reuters
  352. "InBev to buy out Modelo for $20.1 billion". 29 June 2012.
  353. "Sunoco Logistics to acquire Energy Transfer Partners in $20 billion combo". CNBC. 21 November 2016.
  354. "Credit Agricole asset sale to boost capital core restructuring".
  355. Reuters
  356. Reuters
  357. https://amers1.apps.cp.thomsonreuters.com/web/Apps/DealTearsheet/?dealId=154087272684&assetType=MA&enowappcontainerver=1.58.7#/Details
  358. Reuters
  359. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=3586676040
  360. Reuters
  361. "Microsoft to acquire Activision Blizzard to bring the joy and community of gaming to everyone, across every device". 18 January 2022.
  362. "India's HDFC Bank Adds Mortgage Lender in $60 Billion Deal". 3 April 2022.
  363. Reuters
  364. Roumeliotis, Greg (25 April 2022). "Elon Musk taking Twitter private in $44 billion deal". Reuters. Retrieved 25 April 2022.
  365. Duffy, Clare. "Elon Musk to buy Twitter in $44 billion deal". CNN. Retrieved 25 April 2022.
  366. "AT&T announces $43 billion deal to merge WarnerMedia with Discovery". CNBC. 17 May 2021.
  367. "WarnerMedia to join with Discovery in $43bn deal".
  368. Reuters
  369. Reuters
  370. "Liberty Global and Telefonica to Merge Their U.K. Operations Creating the Leading Fixed-Mobile Provider in the Country". www.businesswire.com. 2020-05-07. Retrieved 2020-05-07.
  371. Reuters
  372. Reuters
  373. "Private equity firms buy Medline for reported $34 billion". ABC News. 5 June 2021.
  374. "K.C. Southern Agrees to $30 Billion CN Rail Deal, Jilting CP". www.marketwatch.com. Retrieved 2021-09-12.
  375. Reuters
  376. Winning, David (2021-08-02). "Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-08-02.
  377. Oracle. "Oracle Buys Cerner". www.prnewswire.com. Retrieved 2021-12-20.
  378. Reuters
  379. "German Property Deal Heats Up With New Bid Near $23 Billion". Bloomberg News. 1 August 2021.
  380. "Ohio-based Huntington Bank announces $22 billion merger with TCF Bank".
  381. "Chipmaker Analog Devices to buy Maxim Integrated in an all-stock deal worth $21 billion". CNBC. 13 July 2020.
  382. Reuters
  383. "Immunomedics shares double after Gilead agrees to buy the cancer drugmaker in $21 billion deal". CNBC. 13 September 2020.
  384. "Canadian Cable Giants Rogers, Shaw Merge in $20 Billion Deal".
  385. Reuters
  386. Reuters
  387. Mason, Meng Meng and Josephine (30 August 2017). "Power of love: China's latest arranged match rattles utilities". reuters.com. Archived from the original on 7 September 2017. Retrieved 22 November 2017.
  388. Meng, Josephine Mason (29 August 2017). "China set to create world's top utility with latest government merger". Reuters. Archived from the original on 8 September 2017. Retrieved 22 November 2017.
  389. "Minmetals takes over MCC as Beijing reforms state-run firms". Reuters. 8 December 2015. Archived from the original on 8 September 2017. Retrieved 22 November 2017.
  390. "China Minmetals Corporation". www.minmetals.com. Archived from the original on 12 December 2017. Retrieved 22 November 2017.
  391. "China Creates Agriculture Giant With Grain, Cotton Merger". 13 January 2017. Archived from the original on 1 September 2017. Retrieved 22 November 2017 – via www.bloomberg.com.
  392. Aizhu, Sumeet Chatterjee and Chen (23 May 2017). "As Syngenta deal closes, ChemChina and Sinochem press $120 billion deal: sources". reuters.com. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  393. KGaA, Wiley-VCH Verlag GmbH & Co. "ChemChina and SinoChem to Merge in 2018 - chemanager-online.com - Chemistry and Life Science". www.chemanager-online.com. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  394. Turvill, William (8 May 2017). "Chinese firms said to be in mega-merger talks. But do they have chemistry?". cityam.com. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  395. "Tie-up between Sinochem and ChemChina in a class of its own". afr.com. 10 May 2017. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  396. "ChemChina-Sinochem merger to create world's largest chem group". atimes.com. 8 May 2017. Retrieved 22 November 2017.
  397. Reuters
  398. "China announces merger of State Nuclear Power Technology and the China Power Investment - Power Technology". power-technology.com. 1 June 2015. Archived from the original on 31 August 2017. Retrieved 22 November 2017.
  399. "Chinese nuclear giant officially launched". www.world-nuclear-news.org. Archived from the original on 1 July 2017. Retrieved 22 November 2017.
  400. Mason, Josephine (31 January 2018). "China goes nuclear with latest state-brokered power deal". Reuters. Archived from the original on 2018-01-31. Retrieved 2018-01-31.
  401. Reuters
  402. Reuters
  403. Reuters
  404. "China Mobile Limited - About China Mobile > Milestones".
  405. https://amers1.apps.cp.thomsonreuters.com/web/Apps/Tearsheet?enowpopup#/?dealno=1054897040
  406. Reuters
  407. Reuters
  408. "China Unicom to Acquire China Netcom".
  409. "A new pharma king? AstraZeneca approaches Gilead about potential merger: Report". 7 June 2020.
  410. "AstraZeneca Approaches Gilead About Potential Merger". Bloomberg News. 7 June 2020.
  411. Reuters
  412. "Philip Morris and Altria end merger talks following chilly response from investors". CNBC. 25 September 2019.
  413. "M&A Boom Implodes, US Deal Failures in 2016 Worst Ever". 7 April 2016. Archived from the original on 23 September 2016. Retrieved 22 September 2016.
  414. Matthews, Robert Guy; Cimilluca, Dana; Barta, Patrick (26 November 2008). "Death of a Megadeal: BHP Ends Its Pursuit of Rio". Wall Street Journal. Archived from the original on 19 February 2017. Retrieved 18 February 2017.
  415. "Marmite owner Unilever sees no merit in Kraft takeover". BBC News. 17 February 2017. Archived from the original on 30 July 2018. Retrieved 21 July 2018.
  416. "FE Investegate -Unilever PLC Announcements - Unilever PLC: Statement re announcement by Kraft Heinz Company". Archived from the original on 2017-02-19. Retrieved 2017-02-18.
  417. Mustoe, Howard (20 February 2017). "Kraft Heinz drops Unilever takeover bid". BBC News. Archived from the original on 19 September 2018. Retrieved 21 July 2018.
  418. "European Commission - PRESS RELEASES - Press release - Commission prohibits merger between MCI WorldCom and Sprint". Archived from the original on 2016-09-23. Retrieved 2016-09-22.
  419. "DOJ files to block WorldCom-Sprint merger". Archived from the original on 2017-02-19. Retrieved 2017-02-18.
  420. "MCI WorldCom buys Sprint for $129 billion".
  421. "Trump pressure scuppers $140bn tech deal". BBC News. 14 March 2018. Archived from the original on 14 October 2018. Retrieved 14 October 2018.
  422. Rai, Sonam (9 February 2018). "Qualcomm warns of customer losses, legal hazards to Broadcom buyout". Reuters. Archived from the original on 2018-02-10. Retrieved 2018-02-09.
  423. "Archived copy". Archived from the original on 2018-02-22. Retrieved 2018-02-21.{{cite web}}: CS1 maint: archived copy as title (link)
  424. "Archived copy". Archived from the original on 2018-03-13. Retrieved 2018-03-13.{{cite web}}: CS1 maint: archived copy as title (link)
  425. "Rio Tinto, BHP Billiton Axe Controversial Iron Ore Merger". 18 October 2010.
  426. Farrell, Sean; Mason, Rowena (19 May 2014). "AstraZeneca rejects Pfizer's final £69bn takeover bid". Archived from the original on 19 February 2017. Retrieved 18 February 2017 – via The Guardian.
  427. Reuters
  428. Vengattil, Supantha Mukherjee and Munsif (13 November 2017). "Qualcomm rejects Broadcom's $103-billion takeover bid". reuters.com. Archived from the original on 21 November 2017. Retrieved 22 November 2017.
  429. Roumeliotis, Supantha Mukherjee and Greg (7 November 2017). "Broadcom bids $103 billion for Qualcomm, open to going hostile". reuters.com. Archived from the original on 18 November 2017. Retrieved 22 November 2017.
  430. "Home Depot stock soars, CEO shrugs off buyout talk - Dec. 1, 2006".
  431. Pierson, Ben Hirschler (28 April 2017). "Pfizer chases AstraZeneca for potential $100 billion deal". Reuters. Archived from the original on 19 February 2017. Retrieved 2 July 2017.
  432. Mann, Ted (2 March 2016). "Honeywell Ends Chase for United Technologies". Wall Street Journal. Archived from the original on 31 August 2017. Retrieved 4 August 2017 – via www.wsj.com.
  433. "United Technologies Comments On Recent News Reports". Archived from the original on 2017-02-19.
  434. Reuters
  435. "Warner-Lambert rejects Pfizer's bid - Nov. 4, 1999". money.cnn.com. Archived from the original on 1 December 2017. Retrieved 22 November 2017.
  436. "Pfizer Makes Bid for Warner-Lambert (washingtonpost.com)". www.washingtonpost.com. Archived from the original on 11 April 2017. Retrieved 22 November 2017.
  437. Morrow, David J.; Holson, Laura M. (5 November 1999). "WARNER-LAMBERT GETS PFIZER OFFER FOR $82.4 BILLION". Archived from the original on 13 December 2017. Retrieved 22 November 2017 – via www.nytimes.com.
  438. "Deutsche Telekom Gets Dumped". Wired.
  439. "BBC News | the Company File | Olivetti conquers Telecom Italia".
  440. Peers, Martin; Hagey, Keach (5 August 2014). "Fox Withdraws Time Warner Bid". Wall Street Journal. Archived from the original on 17 July 2017. Retrieved 4 August 2017 – via www.wsj.com.
  441. Sorkin, Andrew Ross (16 July 2014). "Time Warner rejects $80B offer from 21st Century Fox". CNBC. Archived from the original on 11 November 2017. Retrieved 9 September 2017.
  442. "American Home Considers Next Move After SmithKline Merger Talks End". Wall Street Journal. 2 February 1998.
  443. "SmithKline Beecham set for record pounds 77bn merger with US". Independent.co.uk. 23 October 2011.
  444. "Opinion: Why the prospective $70 billion buyout of Walgreens may signal the stock-market rally is about to end".
  445. "Walgreens explores going private in what could be largest LBO in history". CNBC. 5 November 2019.
  446. "GSK rejected $68 billion Unilever bid for consumer division". 15 January 2022.
  447. Reuters
  448. "Comcast walks away from Disney bid". Archived from the original on 2016-09-23. Retrieved 2016-09-22.
  449. "American Home, Warner-Lambert in merger talks - Nov. 3, 1999".
  450. "Emerging from the Merger: Warner-Lambert and Pfizer".
  451. "Statement re Proposal from Takeda Pharmaceutical Company Limited". www.shire.com. Archived from the original on 2018-04-20. Retrieved 2018-04-19.
  452. Martin, Ben (24 April 2018). "Shire willing to back $64 billion Takeda bid, market signals doubts". Reuters. Archived from the original on 2018-04-24. Retrieved 2018-04-24.
  453. "NextEra's $60B Duke merger proposal has some strong upsides but significant obstacles, analyst finds".
  454. "Why the Proposed Mega-Merger of Duke Energy and NextEra is Unlikely to Succeed". Forbes.
  455. "Eon drops out of Endesa fight". TheGuardian.com. 3 April 2007.
  456. Reuters
  457. Reuters
  458. Brodbeck, Laura (31 December 1969). "(SHPG), (ABBV) - 10 Giant M&A Deals That Almost Happened...But Fell Through At The Last Minute". Archived from the original on 23 September 2016. Retrieved 22 September 2016.
  459. Reuters
  460. Timmons, Heather (25 May 2008). "$50 Billion Telecom Deal Falls Apart". The New York Times.
  461. "After Two Megadeals Blocked, Health Insurers Plot Next Moves". 9 February 2017. Archived from the original on 19 February 2017. Retrieved 18 February 2017 – via www.bloomberg.com.
  462. Reuters
  463. Gara, Antoine. "Monsanto Drops $46.5B Bid For Syngenta, Paving Way For Stock Buyback Amid Market Rout". Forbes. Archived from the original on 2017-10-17. Retrieved 2017-09-03.
  464. Ipsen, Erik (12 April 1996). "Switzerland's Top Bank Spurns Merger Bid from Arch-Rival". The New York Times.
  465. Lazaroff, Leon (23 May 2014). "5 Mergers That Failed". Archived from the original on 19 February 2017. Retrieved 18 February 2017.
  466. "GE to Buy Honeywell for $45 Billion". ABC News.
  467. "BAE-EADS merger cancelled amid political impasse". BBC News. 10 October 2012.
  468. Roumeliotis, Greg (20 February 2018). "Qualcomm deals blow to Broadcom's bid with sweetened NXP deal". Reuters. Archived from the original on 2018-02-20. Retrieved 2018-02-20.
  469. Obe, Mitsuru; Anzai, Akihide (2018-07-27). "China shifts blame to Qualcomm for collapse of NXP deal". Nikkei Asian Review. ISSN 2188-1413. Archived from the original on 2018-07-27. Retrieved 2018-07-27.
  470. PELTZ, JAMES F. (20 October 2000). "Honeywell Talks Deal With United Technologies". Archived from the original on 19 February 2017. Retrieved 18 February 2017 – via LA Times.
  471. "United Technology calls off Honeywell talks - Oct. 20, 2000". Archived from the original on 2017-02-19. Retrieved 2017-02-18.
  472. Reuters
  473. "BHP Billiton launches hostile bid for Potash". BBC News. 18 August 2010.
  474. Staff (April 21, 2015). "Teva Offers to Buy Mylan for $40B". GEN News Highlights. Genetic Engineering & Biotechnology News. Archived from the original on April 25, 2015. Retrieved April 21, 2015.
  475. Staff (April 8, 2015). "Mylan Offers $28.9B for Perrigo". GEN News Highlights. Genetic Engineering & Biotechnology News. Archived from the original on April 25, 2015. Retrieved April 21, 2015.
  476. "Teva Offers to Buy Mylan in $40.1B Cash-And-Stock Deal". Pharmaceutical Processing. Associated Press. April 21, 2015. Archived from the original on April 21, 2015. Retrieved April 21, 2015.
  477. "Nvidia's acquisition of Arm cancelled due to "significant regulatory challenges"".
  478. "Termination of Agreement to Sell All Shares in Subsidiary Arm and Preparation for Arm Public Offering" (PDF).
  479. "T-Mobile Antitrust Challenge Gives AT&T Little Recourse". Archived from the original on 2017-09-10. Retrieved 2017-03-29 – via www.bloomberg.com.
  480. Reuters
  481. Reuters
  482. Reuters
  483. "Global Crossing, U S West to merge - May 17, 1999".
  484. "Qwest Wins U S West for $35 Billion, Ending Duel with Global Crossing". Wall Street Journal. 19 July 1999.
  485. "Aetna-Humana $37B merger blocked over fear it would harm consumers". USA Today.
  486. "Prudential abandons bid for AIA". BBC News. 2 June 2010.
  487. Reuters
  488. Frost, Giulio Piovaccari (27 May 2019). "Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval". Reuters. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  489. "Renault to decide next week whether to proceed with FCA merger talks: Sources". Reuters. 27 May 2019. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  490. Shirouzu, Naomi Tajitsu (28 May 2019). "Blindsided by FCA-Renault talks, Nissan risks being left by the roadside". Reuters. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  491. Kar-Gupta, Sudip (28 May 2019). "France wants FCA-Renault job guarantees and Nissan on board". Reuters. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  492. Lienert, Paul (28 May 2019). "How Renault, Fiat Chrysler could save through sharing". Reuters. Archived from the original on 2019-05-28. Retrieved 2019-05-28.
  493. "Xerox courts HP shareholders as takeover battle heats up".
  494. "HP Announces Huge Share Buyback and Once Again Rejects Xerox Takeover Offer".
  495. Reuters
  496. Morrow, David; Feder, Barnaby (14 October 1998). "American Home Products' Deal with Monsanto Collapses". The New York Times.
  497. "NatWest rejects takeover bid". TheGuardian.com. 24 September 1999.
  498. "Comcast ups Sky bid to $34 billion, escalating battle with Rupert Murdoch".
  499. MarketWatch
  500. Reuters
  501. "FCC is blamed as Bell Atlantic and Tele-Communications call off merger".
  502. "Energy Transfer is Terminating Its $33 Billion Merger with Williams".
  503. Hiller, John Benny (12 April 2019). "Chevron to buy Anadarko for $33 billion in shale, LNG push". Reuters. Archived from the original on 2019-04-12. Retrieved 2019-04-14.
  504. "Fox Increases Sky Bid to $32.5 Billion, Topping Comcast Approach".
  505. "European Commission - PRESS RELEASES - Press release - Mergers: Commission blocks proposed merger between Deutsche Börse and London Stock Exchange". Archived from the original on 2017-03-29. Retrieved 2017-03-29.
  506. "London Stock Exchange-Deutsche Boerse deal blocked by EU". BBC News. 29 March 2017. Archived from the original on 30 July 2018. Retrieved 21 July 2018.
  507. "London Stock Exchange and Deutsche Boerse agree merger". BBC News. 16 March 2016. Archived from the original on 27 July 2018. Retrieved 21 July 2018.
  508. Reuters
  509. Editorial, Reuters (March 2018). "Comcast's bid for Sky could lure Disney in bidding war". Reuters. Archived from the original on 2018-03-05. Retrieved 2018-04-06.
  510. Sandle, Paul (25 April 2018). "Comcast confirms £22 billion bid for Sky, sparking battle with Fox". Reuters. Archived from the original on 2018-04-25. Retrieved 2018-04-25.
  511. Wilson, Bill (25 April 2018). "Comcast starts £22bn bidding war for Sky". BBC News. Archived from the original on 16 August 2018. Retrieved 14 October 2018.
  512. "Kansas City Southern rejects new bid from Canadian Pacific". AP NEWS. 2021-08-12. Retrieved 2021-08-20.
  513. "Failed Merger a Blow to Deutsche Bank's Credibility".
  514. "Aon and Willis Towers Watson agree to terminate merger deal and end litigation with DoJ".
  515. Dummett, Ben (9 March 2020). "Insurance Broker Aon Strikes Year's Biggest M&A Deal on Tumultuous Markets Day". Wall Street Journal.
  516. "Aviva abandons Prudential merger". 24 March 2006.
  517. Reuters
  518. "SMFG bids $29.2B to merge with UFJ".
  519. "UFJ rejects Sumitomo offer".
  520. Roumeliotis, Greg (22 November 2017). "Rockwell Automation rebuffs Emerson's latest $29 billion bid". Reuters. Archived from the original on 2017-11-22. Retrieved 2017-11-22.
  521. Schiesel, Seth (16 October 1997). "The Battle for Mci: The Offer; Gte Joins Bidding for Mci, Offering $28 Billion in Cash". The New York Times.
  522. "Lloyds TSB/Abbey tie-up blocked". 10 July 2001.
  523. "Endesa bid rejected amid storm of conspiracy".
  524. Timmons, Heather (13 December 2005). "Energy, the Hot Deal Field, is Likely to Get Still Hotter". The New York Times.
  525. "Canadian Pacific terminates effort to buy Norfolk Southern | CBC News".
  526. Reuters
  527. "Alcan Rejects Alcoa's $27.6 Billion Takeover Bid". The New York Times. 22 May 2007.
  528. Editorial, Reuters (31 October 2017). "BRIEF-Emerson Electric has made multiple offers for Rockwell Automation - CNBC". reuters.com. Archived from the original on 16 November 2017. Retrieved 22 November 2017.
  529. Roumeliotis, Greg (31 October 2017). "Rockwell Automation rejects Emerson's $27 billion takeover bid". reuters.com. Archived from the original on 31 October 2017. Retrieved 22 November 2017.
  530. Editorial, Reuters (31 October 2017). "BRIEF-Rockwell Automation says board rejected takeover proposals from Emerson". reuters.com. Archived from the original on 15 November 2017. Retrieved 22 November 2017.
  531. "Prudential loses US merger battle". 11 May 2001.
  532. Editorial, Reuters (3 April 2017). "Akzo Nobel CEO says PPG proposal is insufficient". reuters.com. Archived from the original on 23 May 2017. Retrieved 22 November 2017.
  533. Reuters
  534. "Mylan's Hostile Bid for Perrigo Fails". Archived from the original on 2017-02-11. Retrieved 2017-03-29.
  535. Lazaroff, Leon (23 May 2014). "5 Mergers That Failed". Archived from the original on 19 February 2017. Retrieved 18 February 2017.
  536. "EchoStar, Hughes scrap merger plans".
  537. Reuters
  538. "Guidant formally drops J&J merger, chooses Boston Scientific - Jan. 25, 2006".
  539. "Boston Scientific tops J&J offer for Guidant". NBC News.
  540. Reuters
  541. "Sallie Mae Says Buyers Have Walked Away". 12 December 2007.
  542. "Dell confirms Blackstone drops takeover bid amid PC slump". 19 April 2013.
  543. Reuters
  544. "Boston Scientific grants, then retracts extension in bidding war for Guidant".
  545. "J&J Rival Now Leads Guidant Bid War". CBS News.
  546. "Akzo Nobel Rejects a Sweetened $24 Billion Takeover Bid from U.S. Paints Giant PPG".
  547. "Mellon bid withdrawn - May 20, 1998".
  548. "Grocery chain Albertsons to acquire Rite Aid". CNBC. 20 February 2018.
  549. "Albertsons, Rite Aid kill merger deal". 9 August 2018.
  550. "The Hartford rejects Chubb's $23B buyout bid". Fox Business. 23 March 2021.
  551. Sorkin, Andrew Ross; Meier, Barry (12 January 2006). "Johnson Raises Bid for Control of Guidant". The New York Times.
  552. Reuters
  553. "KERKORIAN WITHDRAWS BID TO ACQUIRE CHRYSLER CORP. - The Washington Post". The Washington Post.
  554. Landler, Mark (2 November 1996). "A British Company Weighs Buying Mci in $22 Billion Deal". The New York Times.
  555. Reuters
  556. Ravikumar, Sachin; M, Muvija (26 October 2021). "DraftKings drops $22 bln pursuit of Ladbrokes owner Entain". Reuters.
  557. "BAT Mania: Trio Launches $21 Billion Takeover of British Corporate Giant". Associated Press.
  558. "Bouygues Boosts SFR Bid to Take Cash Portion to $21 Billion". Bloomberg News. 4 April 2014.
  559. Hirt, John Miller and Oliver (27 October 2017). "Activist investors scupper $20 billion Clariant-Huntsman merger". reuters.com. Archived from the original on 19 November 2017. Retrieved 22 November 2017.
  560. Reuters
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.