article thumbnail

Occidental Petroleum Could Soon Follow Exxon and Chevron by Making a Needle-Moving Acquisition

The Motley Fool

The potential deal would be the latest in a wave of merger activity in the oil patch. ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) closed multibillion-dollar acquisitions this year and have since agreed to even larger transactions. The Wall Street Journal reported that the oil giant was in the lead to buy the Permian Basin producer.

article thumbnail

[ScaleUp Blueprint] How to navigate mergers and acquisitions to scale your SaaS business

Insight Partners

Numerous studies say more than half of acquisitions fail to deliver the value creation that was expected at acquisition. Seismic shift: Navigating mergers and acquisitions At Insight, we partner closely with our portfolio companies to help them integrate their acquisitions and accelerate value.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

With Microsoft's Activision Blizzard Merger Cleared, Is Electronic Arts Stock a Buy?

The Motley Fool

The $69 billion merger between Microsoft and Activision Blizzard is one big step closer to completion. As a sign of confidence that it can close the deal, the two companies extended the acquisition contract's deadline to Oct. which has yet to give a thumbs up on the merger. which has yet to give a thumbs up on the merger.

article thumbnail

After Nearly $9 Billion of Acquisitions in 2023, This 8.7%-Yielding Energy Stock Is Ready for More in 2024

The Motley Fool

The master limited partnership (MLP) made two acquisitions. Despite making nearly $9 billion in acquisitions last year, the MLP is ready for its next deal if the right opportunity emerges. Despite making nearly $9 billion in acquisitions last year, the MLP is ready for its next deal if the right opportunity emerges.

article thumbnail

This Oil Stock Is Following Leaders ExxonMobil and Occidental Petroleum by Making a Major Acquisition

The Motley Fool

The merger wave in the oil patch is continuing in 2024. That acquisition will enhance APA's scale in the resource-rich Permian Basin. Here's a look at the latest oil stock merger and what it means for investors. It drives its view that the acquisition will bolster its free cash flow. All three deals share a common theme.

article thumbnail

What Amazon's Reduced iRobot Acquisition Price Means for Investors

The Motley Fool

Earlier this week, shares of iRobot plunged after Amazon announced the two companies have agreed to amend the terms of their merger to reduce the price Amazon will pay -- specifically, to $51.75 billion merger announcement almost a year ago. This created an urgent need for cash as it awaits the completion of its acquisition.

article thumbnail

Blackstone Completes Acquisition of Rover

Blackstone News

Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 With the completion of the acquisition, Rover stockholders are entitled to receive $11.00