Tag: merger

DOJ Files Antitrust Lawsuit to Block $2 Billion Merger of Major Book Publishing Companies

The Department of Justice filed an antitrust lawsuit on Nov. 2 to block a merger of two major book publishing companies. Penguin Random House, the largest book publisher in the world, is seeking to acquire its competitor, Simon & Schuster, for $2.18 billion. The sale was announced in November 2020. The DOJ said the acquisition would…


QSuper and Sunsuper Merge Into Australian’s Largest Superannuation Fund

QSuper and Sunsuper are moving closer to creating Australian’s largest superannuation fund, as the two Queensland firms sign an agreement to merge following over 15-months of negotiations. The move, announced on March 15, aims to integrate the two top-performing funds into a new entity with two million members and  $200 billion in assets. QSuper Chair…


QSuper and Sunsuper Merge to Create Australia’s Largest Retirement Fund

QSuper and Sunsuper have agreed to merge, after 15 months of negotiations, to become a single superannuation fund, making it Australia’s largest. The move, announced on March 15, aims to integrate the two top-performing funds into a new entity with two million members and $200 billion in assets. QSuper Chair Don Luke and Sunsuper Chair…