St. Louis Corporate Mergers, Acquisitions & Relocations

New and changing stores, restaurants, and businesses in the City of St. Louis
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Looks like there won't be a big exodus out of STL for Express Scripts, at least for now: http://www.stltoday.com/business/local/ ... op-story-1
^How many jobs will be lost is yet to be determined. The senior leaders at the companies are still determining how the merged company will be structured.
Well, Peabody is back in. STL has 10 Fortune 500 companies in 2018. Not bad.

https://www.bizjournals.com/stlouis/new ... -list.html
RTP Biz article highlighting St. Louis as a recent threat to their business model.

https://www.google.com/amp/s/www.bizjou ... h.amp.html

CTC: Chose St. Louis over RTP
Bayer Moving NAHQ from RTP to St. Louis. A potential loss of 1,500 employees for RTP.
BASF: Seems committed to RTP but can relocate their office in 3-years and already has a small manufacturing presence in STL.



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addxb2 wrote:
Tue May 29, 2018 7:40 am
RTP Biz article highlighting St. Louis as a recent threat to their business model.

https://www.google.com/amp/s/www.bizjou ... h.amp.html

CTC: Chose St. Louis over RTP
Bayer Moving NAHQ from RTP to St. Louis. A potential loss of 1,500 employees for RTP.
BASF: Seems committed to RTP but can relocate their office in 3-years and already has a small manufacturing presence in STL.
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Just an FYI: In 2013, BASF had their Pest Control division in St. Louis. Once BASF began to consolidate NA operations, Pest Control moved to RTP.

https://www.bizjournals.com/stlouis/new ... om-st.html
Bayer will find $300 million less in synergies due to divesture of more business units than anticipated. I would think that this is a good thing for STL. Not only will there be less synergies in the form of layoffs (I hope), the fact that Bayer had to sell of several units that overlap with Monsanto's should keep more of the operations here in STL. Most notably, Bayer had to sell off their equivalent to Round-Up. Obviously, there is a long way to go before we know the true impact of this deal, but there are signs that point to the impact of this deal being less than first anticipated.

http://www.stltoday.com/business/local/ ... 244D77E2ED
addxb2 wrote:
Tue May 29, 2018 7:40 am
RTP Biz article highlighting St. Louis as a recent threat to their business model.

https://www.google.com/amp/s/www.bizjou ... h.amp.html

CTC: Chose St. Louis over RTP
Bayer Moving NAHQ from RTP to St. Louis. A potential loss of 1,500 employees for RTP.
BASF: Seems committed to RTP but can relocate their office in 3-years and already has a small manufacturing presence in STL.

Sent from my iPhone using Tapatalk
For the sake of pure speculation on my part, could a BAYER NAHQ be a possible anchor tenant for ATT One Center? Bob Clark Clayco group would have the national recognition and no doubt the ability to pull it off for BAYER. Southwest growing presence at Lambert would certainly support domestic HQ travel needs and, as many note, International flights to most European cities are rather easy one stop connection.

Following Bayer is pretty interesting right now with the various articles popping up including what are they going to do about their pharma RD. The one thing that seems unique to me is how the Europeans are more willing to look at say St. Louis vs. say the coast because that is where we have to be. Or another way to put it, it seems to be much more of cost basis decision vs. what I think is the overblown emphasis on talent. Big Corporations have the ability to seek out, find and develop talent & St Louis does have the educational institutions in Wash U, SLU & UMSL

http://www.stltoday.com/business/local/ ... 5eea1.html
Hopefully it could also trigger a flight to FRA!
Rawlings is being sold to a group which includes Major League Baseball:

http://www.stltoday.com/business/local/ ... 11197968C6
framer wrote:
Tue Jun 05, 2018 11:55 am
Rawlings is being sold to a group which includes Major League Baseball:

http://www.stltoday.com/business/local/ ... 11197968C6
That's a good thing for Rawlings and IMO for the St. Louis-based employees specifically; I can't see them wanting to agressively cost-cut just to prop up share prices, and maybe I'm wrong but I don't see them feeling the need to relocate the HQ to another city.

Speaking of the HQ being that it's now at least partially owned by MLB, it makes all the sense in the world to move the headquarters from a random suburban office into a shiny new building in the middle of an exciting development right next to one of the jewels of the sport!

Right?

-RBB
I would assume the same considering the MLB already has a relationship with the Cardinals, you'd hope a move to an MLB owned property would be cyclically good for them (pay yourself for services you already provide).