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MYSTERIOUS: 8 - What They Never Told You

Forced council mergers back on the agenda in Tasmania — but some ratepayers remember voting no not so long ago

John Cleary, who took a policy of forced council amalgamations to the 1998 Tasmanian election and received fierce local outcry, urges the Liberal Party to push ahead and help local government enter "the 21st century".

ABC News

Local government report recommends mandated council mergers in Tasmania

A report on the future of Tasmania's 29 councils says amalgamation is necessary for local government to survive but it needs to be mandated.

ABC News

ACCC rejects claims gas price cap and safeguard mechanism harming new investment

Chair Gina Cass-Gottlieb says it’s not ‘accurate’ to claim the government’s policies were making Australia uncompetitive

The Guardian - AU

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ACCC boss ramps up pressure on anti-competitive mergers

The consumer watchdog says it needs bolstered powers to stop takeovers that allow firms to dominate markets with scant competition.

The New Daily

2 merging supermassive black holes spotted at 'cosmic noon' in early universe

Two battling quasars powered by supermassive black holes are lighting the center of merging galaxies seen during "cosmic noon" in the early universe.

Space

SE Asia telecom mergers revolutionise industry: Indosat’s success story

The telecom industry in Southeast Asia is experiencing a dynamic transformation following the merger of the region’s leading telecom operators. This consolidation is designed to improve the competitiveness and capabilities of the telecom operators by leveraging their resources to gain efficiency while building customer value.

Bangkok Post

Former FTC chair urges agency not to tarnish a bipartisan legacy from Reagan to Obama: ‘We can’t ignore the last 40 years of antitrust based on protecting consumers’

Fromer FTC chair and law professor Timothy J. Muris critiques the FTC's new enforcement approach for breaking with precedent.

Fortune

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UK merger activity off to slowest start in a decade

The value of mergers and acquisitions with UK involvement fell by 60%

Evening Standard

PTT seeks partners for future energy deals

National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy.

Bangkok Post

The big changes facing four Cardiff schools as mergers and site swaps proposed

Some schools could see places cut while others may more than double in size

Wales Online

Mysterious radio signal reveals intricate core of distant galaxy cluster

Astronomers have discovered several fascinating features in galaxy cluster Abell 1213 such as a central galaxy with a 1.66 million light-year-long radio "tail" and remains of galactic mergers.

Space

JetBlue merger with Spirit not cleared for takeoff – why Justice Department is suing to scupper deal

The U.S. Department of Justice has intervened to block a proposed deal that would see carrier JetBlue buy budget service Spirit Airlines.

The Conversation

Asset managers turn to M&A

Wealth and asset management companies plan to use mergers and acquisitions (M&A) in both scale and scope this year to seize opportunities as the sector anticipates growth opportunities worth US$250 billion by 2030, a recent study found.

Bangkok Post

Telenor Asia anticipates $2.5bn gain via synergy

Telenor Asia expects gains worth up to US$2.5 billion from synergy over the next three years from the mergers of True Corporation and Total Access Communication (DTAC) in Thailand and Celcom and Digi in Malaysia.

Bangkok Post

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Fortune

Salesforce just said goodbye to its M&A committee

Salesforce bows to investor demands and disbands its mergers and acquisitions team.

Caixin Global

China M&A Deals Plunged 34% to Nine-Year Low in 2022

Economic headwinds and pandemic disruptions similarly slowed global mergers and acquisitions, management consultant Bain reports

Bangkok Post

Firms persist with M&A to expand

Mergers and acquisitions (M&A) will remain a key strategy for companies globally to expand markets and value chains amid increasing turbulence, according to a new report.

Asharq Al-Awsat

Türkiye Establishes Presence in Syria with 10,000 Soldiers, Dozens of Military Bases

For the past months, Turkish armed forces in northwestern Syria de-escalation zones have carried out redeployment and mergers at military points that were established under a Turkish-Russian agreement in 2017. According to an agreement within the framework of the Astana talks, Türkiye gained the opportunity to expand its deployment of…

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Bangkok Post

Mergers shake up the landscape

Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.

Reason

The FTC Has No Business Trying To Stop Video Game Company Mergers

It’s one of the most competitive industries in the world, and there’s no good reason to stop Microsoft from acquiring Activision Blizzard.

Asharq Al-Awsat

Lebanese Banks Battered by Meltdown Struggle to Survive

Lebanon’s once burgeoning banking sector has been hard hit by the country’s historic economic meltdown. It has suffered staggering losses worth tens of billions of dollars and many of the small nation’s lenders now face possible closures or mergers. Yet bankers have been resisting attempts to make their shareholders assume…

Inverse

Astronomers trace powerful gamma rays to a never-before-seen stellar phenomenon

The kilonova explosion may have been the result of a white dwarf-neutron star merger.

Bangkok Post

Gulf leads the way in M&A category

Gulf Energy Development Plc won the "Deal of the Year Awards -- Mergers & Acquisitions Deal" award for the tender offer for securities of Intouch Holdings Plc and Advanced Info Service Plc (ADVANC) at the 19th SET Awards ceremony, held at the Stock Exchange of Thailand.

Tribune News Service

Gov. Jay Inslee, lawmakers aim to keep anti-abortion 'tentacles' out of Washington

SEATTLE — Washington Gov. Jay Inslee and state Democratic lawmakers revealed details Friday about a push to enact a "shield law" that would protect abortion patients and providers from out-of-state legal action, and announced two more bills in the works designed to ensure to reproductive health care access.

Tribune News Service

DOJ antitrust losses in court are seen as setback for Biden’s merger crackdown

In the span of just a month, federal judges rejected the U.S. Justice Department’s attempts to block three mergers in the health technology, agriculture and defense contracting industries.

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