This preliminary deal essentially sets the foundation for Detroit-based General Motors landmark deal, to be signed on May 11 with the South Korean government, which will see it set up its Asia-Pacific HQ in the country. The deals are aimed… Read More ›
Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›
The bulk of the $4.9 billion settlement amount has already been provisioned for; as for the balance amount of $1.44 billion, RBS has agreed to take an incremental charge in 2018’s second quarter. The Royal Bank of Scotland Group Plc… Read More ›
Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›
The acquisition will enable Recruit to expand its reach in the U.S. job market. On Wednesday, Recruit Holdings Co, a Japanese HR services provider disclosed it will acquire Glassdoor Inc for $1.2 billion. The move will enable Recruit to tap… Read More ›
The U.S. withdrawal has made dealing with Iran more complicated for EU companies which have business ties to Iran. With U.S. President Donald Trump withdrawing the United States from a nuclear deal with Iran, shares of major French companies, which… Read More ›
Avast’s share offering is slated to be one of the biggest tech IPOs to hit Britain. On Wednesday, Avast stated it has reduced reduced its price expectations for its landmark initial public offering (IPO) to 250-270 pence a share, down… Read More ›
The deal, one of the largest in the pharma industry, will place Takeda Pharma into the top ranks of global drugmakers. On Tuesday, in a strategic move Japan’s Takeda Pharma stated it has agreed to acquire London-listed Shire for $61.50… Read More ›
The investment by the activist hedge fund, which prefers to conduct discussions with companies behind closed doors rather than on cable television, revolves around Citigroup’s reliable revenue source and low risk factor. ValueAct Capital Partners has invested $1.2 billion in… Read More ›
The deal sees Blackstone Group LP entering into a Definitive Agreement to buy Gramercy Property Trust for $7.6 billion in cash. On Monday, Blackstone Group LP stated it would purchase acquire Gramercy Property Trust for $7.6 billion in cash…. Read More ›
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