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Mind-boggling mega-mergers that were stopped in their tracks

The most epic scrapped mergers and acquisitions
30. Clariant & Huntsman in 2017: $20.6 billion (£15.7bn)
29. Deutsche Börse & London Stock Exchange Group in 2016: $27.3 billion (£20.8bn)
28. Mylan & Perrigo in 2015: $27.6 billion (£21bn)
27. PPG Industries & AkzoNobel in 2017: $27.8 billion (£21.2bn)
26. Emerson Electric & Rockwell Automation in 2017: $29.8 billion (£22.6bn)
25. Johnson & Johnson & Guidant in 2004: $33.9 billion (£25.9bn)
24. Omnicom & Publicis in 2014: $37.3 billion (£28.5bn)
23. Qualcomm & NXP Semiconductors in 2016: $38.9 billion (£29.6bn)
22. Aetna & Humana in 2015: $39.3 billion (£29.9bn)
21. Halliburton & Baker Hughes in 2016: $39.9 billion (£30.4bn)
20. EchoStar Communications & Hughes Electronics in 2002: $40.6 billion (£30.9bn)
19. Teva Pharmaceutical Industries & Mylan in 2015: $42.5 billion (£32.4bn)
18. AT&T & T-Mobile USA in 2011: $43.7 billion (£33.3bn)
17. Comcast & Time Warner Cable in 2014: $48.1 billion (£36.7bn)
15. EADS & BAE Systems in 2012: $49.4 billion (£37.6bn)
15. Monsanto & Syngenta in 2015: $49.4 billion (£34.6bn)
14. Anthem & Cigna Corp in 2015: $50 billion (£38bn)
13. AbbVie & Shire in 2014: $57.5 billion (£43.8bn)
12. General Electric & Honeywell in 2001: $59.8 billion (£45.6bn)
11. Comcast & 21st Century Fox in 2018: $65 billion (£49.5bn)
10. 21st Century Fox & Time Warner in 2014: $85.2 billion (£64.9bn)
9. Comcast & Disney in 2004: $88 billion (£67bn)
8. Wyeth & Warner-Lambert in 2000: £95.1 billion (£72.5bn)
7. United Technologies & Honeywell in 2016: $95.2 billion (£72.5bn)
6. Broadcom & Qualcomm in 2018: $121 billion (£92.3bn)
5. Pfizer & AstraZeneca in 2014: $130.9 billion (£99.9bn)
4. Kraft Heinz & Unilever in 2017: $147 billion (£112.2bn)
3. Pfizer & Allergan in 2015: $170.1 billion (£129.8bn)
2. BHP Billiton & Rio Tinto in 2008: $173.2 billion (£132.1bn)
1. MCI WorldCom & Sprint in 1999: $195.1 billion (£148.8bn)
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TNS/SIPA USA/PA

The most epic scrapped mergers and acquisitions

Closing a mammoth merger of equals or mounting a successful hostile takeover can be fraught with problems, ranging from regulatory issues to public opposition and resistance from board members and shareholders of the target company. As a consequence, many potential deals are dropped, despite the best intentions. Here are the biggest non-starters of all time, adjusted for inflation.
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Daniel Coughlin

31 July 2018

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