
Mega-merger fever is back seven years after the financial crisis, with the blockbuster buyout of British brewer SABMiller by Budweiser-maker Anheuser-Busch InBev.
The merger is the third biggest in corporate history after two huge telecoms tie-ups. Here is the all-time list of the top five mergers, according to Dealogic data service:
1. The world's biggest merger and acquisition deal remains British telecom company Vodafone's purchase of Germany's Mannesmann for $172 billion including debt, in 1999.
2. In 2013, Vodafone sold US telecoms giant Verizon its 45-percent stake in their joint venture Verizon Wireless for $130.1 billion.
3. The AB InBev buy-up of SABMiller on Tuesday is valued at $122 billion by Dealogic in a calculation that includes debt.
4. In 2000, the AOL-Time Warner merger at $112.1 billion came to symbolise the excesses of the first dot-com boom. The merger ultimately turned out to be a flop and the two companies split in 2009.
5. US drug company Pfizer in 1999 acquired rival Warner Lambert for $111.8 billion in stock and debt. The New York-based giant would become the world's biggest pharmaceutical company soon after.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor