Financial Times: Pfizer warns of M&A crackdown for pharma sector
Financial Times: Pfizer warns of M&A crackdown for pharma sector
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Financial Times: Pfizer warns of M&A crackdown for pharma sector
A total of 17,549 deals, private equity, and venture financing deals) were announced globally from January to April 2023, which was a decline of 29.9% over 25,027 deals announced during the same period in 2022
Both Kyobo Life Insurance and Kakao Pay Insurance denied a market rumor that they are in talks. Media reports said earlier this week that Kyobo Life has begun due diligence into Kakao Pay Insurance to acquire a 51 percent stake in the digital non-life insurance firm for around 60 billion won to 70 billion won ($45 million to $53 million).
In a move to foster active corporate M&As to bring about economic innovation, the Financial Services Commission (FSC), the country's top financial regulator, has decided to ease the financial burden on potential buyers to prove their capital qualifications, when it comes to launching tender offers.
O’Melveny announced today that M&A and private equity lawyer Brian F. McKenna has joined the firm’s New York office as a partner in its Mergers & Acquisitions Practice Group.