Industry

Brown & Brown Completes $9.83 Billion Acquisition of Accession Risk Management

Brown & Brown's strategic acquisition of Accession enhances its market position, service capabilities, and competitive edge.

#insurance, #acquisition, #brownandbrown, #accession, #consolidation

U.S. Auto Industry Shaken by Major Bankruptcies: First Brands and Tricolor Holdings Collapse

Bankruptcies expose financial irregularities, raising systemic risk concerns in the auto and finance sectors.

#autoindustry, #bankruptcy, #finance, #regulation

Goldman Sachs to Acquire Industry Ventures in $965 Million Deal

Goldman Sachs will acquire Industry Ventures to boost its venture capital capabilities and enhance its investment platform.

#goldmansachs, #industryventures, #venturecapital, #financialacquisition

Brown & Brown Acquires Accession Risk Management Group in $9.83 Billion Deal

Brown & Brown strengthens its insurance services by acquiring Accession for $9.83 billion, enhancing capabilities in risk management.

#insurance, #acquisition, #brownandbrown, #riskmanagement

Goldman Sachs to Acquire Industry Ventures for $965 Million in Strategic Expansion

Goldman Sachs announces acquisition of Industry Ventures, a $965M deal boosting its alternative investments.

#goldmansachs, #industryventures, #venturecapital, #acquisition

Goldman Sachs Expands into Venture Capital with Industry Ventures Acquisition

Goldman Sachs acquires Industry Ventures for up to $965 million, enhancing its venture capital presence and access to tech investments.

#goldmansachs, #venturecapital, #acquisition, #industryventures

Pinnacle and Synovus Announce $8.6 Billion Merger to Form Regional Bank Leader

Pinnacle Financial and Synovus merge to form a $115B regional bank in the Southeast US, aiming for market growth by 2026.

#banking, #merger, #pinnacle, #synovus, #finance

Fifth Third Bancorp to Acquire Comerica Incorporated in $10.9 Billion All-Stock Deal

Fifth Third Bancorp to buy Comerica in a $10.9B deal, creating the 9th-largest U.S. bank. Merger to close in Q1 2026 pending approvals.

#banking, #merger, #fifththird, #comerica

India's IT Sector Faces Sluggish Growth Amid Global Challenges

India's IT sector grapples with slow growth due to global uncertainties and U.S. H-1B visa fee hike.

#india, #itsector, #h1bvisa, #economy

Bank of America Appoints New Co-Heads for EMEA M&A Division Amid Dealmaking Surge

Bank of America names Geoff Iles and Lukas Poensgen as co-heads of EMEA M&A division in response to a year of strategic dealmaking.

#bankofamerica, #mergersacquisitions, #emea, #businessleadership

Exxon Mobil Releases Third-Quarter Earnings Projections for 2025

Exxon Mobil anticipates mixed earnings impacts from oil price shifts, refining margins, and restructuring costs ahead of Q3 2025 report.

#exxonmobil, #energy, #earnings, #oilprices, #restructuring

Citigroup Appoints Drago Rajkovic as Co-Head of M&A Division

Citigroup hires Drago Rajkovic as co-head of M&A, strengthening investment banking amid rising M&A fees.

#citigroup, #mergers, #banking, #investment, #executive

Bank of America Appoints New Leaders for EMEA M&A Division Amid Resurgent Dealmaking

Geoff Iles and Lukas Poensgen lead Bank of America's EMEA M&A division, as dealmaking surges to $950 billion in 2025.

#bankofamerica, #mergersandacquisitions, #emea, #finance

Brown & Brown Completes $9.83 Billion Acquisition of Accession Risk Management

Brown & Brown finalizes major acquisition of Accession, expanding capabilities in insurance brokerage and enhancing market presence.

#insurance, #acquisition, #brownandbrown, #riskmanagement

Global M&A Activity Surges in 2025 with Major Megadeals

Mergers and acquisitions surge to $1.26 trillion in Q3 2025, driven by megadeals like Union Pacific's $85B bid for Norfolk Southern.

#mergers, #acquisitions, #industry, #technology, #finance