acquisition

Google finalizes Fitbit acquisition amidst Antitrust investigation

by

It took a while to get here but Google has finally completed its acquisition of fitness wearables company Fitbit. The deal has been valued at $2.1 billion and follows the announcement late last year of the approval from the European Commission. Google has made some commitments to the EU regarding the planned operation and use … Read more

ALEX BRUMMER: Folly of debt-fuelled acquisition

by

ALEX BRUMMER: Big battalion investors do nation a huge disservice when they sell engineering and aerospace crown jewels to leveraged financial buyers with no strategic vision The debt-fuelled model at Melrose was unsuited to an engineering enterprise like GKN It may be frustrating for Melrose’s already-rich top team that they might not achieve the supercharged … Read more