Analysts opine that South Korea’s newly amended listing rule do not state that a positive net profit is a prerequisite; this could potentially shield the company from this line of investigation. On Wednesday, shares of Samsung BioLogics Co Ltd fell… Read More ›
Xerox’s new board will evaluate strategic options, including restructuring or terminating its relationship with Fujifilm. In efforts aimed at settling a suit brought on by activist shareholders Carl Icahn and Darwin Deason, Xerox Corp stated its CEO and several members… Read More ›
New York-based Elliot Management is seeking an ISDS with South Korea so as to recover losses it made during the merger of the two Samsung affiliates. On Tuesday, an official from the South Korean government stated, U.S. activist investor Elliott… Read More ›
The strategic acquisition, aimed at garnering more revenues from the higher-margined spares parts and airplane services industry, does not significantly impact its 2018 guidance or its capital deployment strategy. On Tuesday, in a move aimed at expanding its aircraft services… Read More ›
The object is not to repeal but to review and reform the 2010 Dodd-Frank financial reform law which aims to provides critical protections to taxpayers and consumers. As per a leading Republican lawmaker, the U.S. House of Representatives is likely… Read More ›
While Wal-Mart has struggled to compete in its home ground, its potential tie-up with UK’s Sainsbury Plc and India’s Flipkart promises to be the growth engine it once was. Wal-Mart, the world’s biggest brick-and-mortar retailer is making urgent efforts to… Read More ›
The potential merger, a stock and cash deal, between Britain’s second and third biggest retail groups has cost synergies of at least 500 million. In a significant development, Britain’s Sainsbury has agreed to acquire Walmart’s Asda for around $10 billion… Read More ›
Here is how Jean Claude Junker is striving to bridge unity in diversity within the European Union. Next week, the European Union is set to deploy a new financial tool in am attempt to reign in what it sees as… Read More ›
Its Chairwoman and legal counsel have resigned with immediate effect. Analysts expect more heads to roll in the coming weeks. On Monday, following damaging revelation of inappropriate behavior at AMP, Australia’s largest-listed wealth manager, Catherine Brenner, its chairwoman and Brian… Read More ›
The potential deal is expected to produce $1 billion in synergies. As per a Wall Street Journal report, Marathon Petroleum Corp, a U.S. refiner has proposed to acquire its peer Andeavor for more than $20 billion in a cash-and-stock deal… Read More ›
manageria.biz 