The European Commission is scrutinizing the impact the deal will have on competition in pesticides and seeds markets. On Tuesday, German pesticides and drugs makers Bayer said, it would need some more time to complete its $66 billion takeover of… Read More ›
Month: September 2017
Clariant’s $20 billion merger with Huntsman Corp in doubt after White Tale becomes Clariant’s biggest shareholder.
As per White Tale the merger between the two Swiss chemical makers did not make sense since it does not bring about value to shareholders. Of the $400 million cost savings that are targeted through the merger, Clariant alone could… Read More ›
Austria’s Defense Minister hints at out-of-court settlement as a possible way out for Airbus
The Airbus & the Eurofighter consortium are furious with the manner Austria has been handling the outcome of the deal. The presumption of innocence is a fundamental concept that cannot and should not be cast aside and disregarded – said… Read More ›
Second largest U.S. Toy Store files for Chapter 11
The fierce competition between Amazon.com and Wal-Mart are driving retailers out of business. More than a dozen significant retail chains, including Perfumania Inc, rue21 Inc, BCBG Max Azria Global Holdings LLC, Gymboree Corp, and Payless Holdings LLC have filed for… Read More ›
Northrop Grumman’s acquisition of Orbital ATK Inc will exceed $7.7 billion
The deal is likely to be finalized on Monday, however, it could draw scrutiny from the Pentagon given the vertical integration related issues with weapon systems developed by Northrop Grumman and Orbital ATK. As per a source familiar with the… Read More ›
British lawmakers urge Theressa May’s government to outline its strategy vis-a-vis cross border pensions
Without access to the “grandfathering” process, the legality of insurance contracts to EU citizens, including UK expats, will be null and void. On Monday, British lawmakers have urged Theressa May’s government to address the status of cross-border pensions and insurance… Read More ›
North Korea staring at U.N backed military options
With a naval blockade for enforcing U.N sanctions being one of the military options available in the U.S. repertoire, North Korea’s only ally has begun naval war games with Russia in the Korean peninsula. The U.N Security Council has run… Read More ›
Military ‘Equilibrium’ With U.S. Is Sought By North Korea
While the United States had earlier signalled that its patience for diplomacy is wearing thin after Pyongyang fired a missile over Japan for the second time in under a month, on Saturday, North Korea said that it aims to reach… Read More ›
First Major Test Of Credibility Faced By EU-U.S. Data Pact
With Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers, a pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review. The… Read More ›
China’s Struggle To Stop Kim Shown By Smuggled North Korea Clams
Chinese and North Korean trawlers intermingle as they search for crabs, conch and yellow clam in the fishing grounds where the Yalu River opens up to the Yellow Sea. According to media reports that quote traders who have been aboard… Read More ›