Market trends and business perspectives
US delivery firm Postmates, launched its first annual Prawn Day, offering two days of deals on select “prawn-related” merchants its service on 15-16 July.
Customers who visited the app found Prawn Day themed content and deals.
The company, which operates in more than 3,500 cities, added some of the most sought-after local and national restaurants, serving 70 of the top 100 restaurants in the US.
Almost $700 billion was spent on mergers and acquisitions in industrial sector last year, according to a study.
Research from global management consultancy A.T. Kearney has found that the total value of deals in the industrials market has risen to $680 billion in 2018, an increase from $662 billion the year before.
A.T. Kearney’s Industrials M&A Report 2019 analysed over 76,000 global transactions between 2009 and 2018 and found that the trend towards so-called ‘megadeals’ is set to continue.
2018 alone saw more than 100 individual deals worth over $1 billion, and seven of those transactions topping the $10 billion mark – including significant deals such as United Technologies’ $30+ billion takeover of avionics supplier Rockwell Collins and the intra-UK $12.1bn deal between Melrose Industries and GKN. [Read more…] about $700 billion spent on mergers and acquisitions in industrial sector
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