Goldman Sachs Group Inc. (NYSE:GS): Current price $162.86
Goldman Sachs will acquire Deutsche Bank’s stable value arm to expand in defined-contribution plans. The buyer expects to finalize the purchase of the unit, which has $21.6 billion in assets under supervision in the first quarter of next year, according to a Wednesday statement. Financial details of the transaction were not released.
T-Mobile US Inc. (NYSE:TMUS): Current price $26.08
On Wednesday, T-Mobile Chief Financial Officer Braxton Carter said that he anticipates more consolidation in the domestic wireless market, and also made a case for an agreement between his firm and its larger competitor Sprint Corp. Carter would not say whether T-Mobile US, the fourth-largest mobile provider, and Sprint, the number-three domestic operator, had talked about a possible deal. The CFO told Reuters on the sidelines of the Goldman Sachs Communacopia investor conference in New York that, “It’s the logical ultimate combination. We think it’s not a question of if but when that there’s further consolidation in our industry.”
Applied Materials Inc. (NASDAQ:AMAT): Current price $17.86
Executive Chairman Mike Splinter of Applied Materials told CNBC on Wednesday that he is confident that his company’s merger with rival Tokyo Electron would not be blocked by any regulatory hurdles. On Tuesday, Applied Materials announced its plans to acquire the world’s number-three chip equipment maker, in a transaction worth $7.06 billion, including net debt and excluding cash, said Reuters data. Splinter observed that, “We’re expecting regulators will look closely at this deal. It is a cross border deal, it is a complex deal, both companies are big companies. But in end we believe, and we’re confident it will get approved.”
The Carlyle Group Lp (NASDAQ:CG): Current price $25.82
The global alternative asset manager on Wednesday announced that it will buy Metropolitan Real Estate Equity Management LLC, which is a worldwide manager of real estate funds of funds with in excess of $2.6 billion in capital commitments. Equity for the transaction will be sourced from Carlyle’s balance sheet. Financials of the transaction were not divulged. The acquisition is subject to Metropolitan’s investors approval, and should close in November.
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