The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
Lori Ryerkerk played an instrumental role in consolidating Royal Dutch Shell’s refining operations. She will now be succeeded by Robin Mooldijk. As per an internal memo from Royal Dutch Shell, Lori Ryerkerk, who was instrumental for a significant overhaul of… Read More ›
The acquisition sees the creation of the 6th largest bank in the UK. On Monday, in a development that witnesses the creation of the 6th biggest bank in Britain, CYBG, a mid-sized bank, has agreed to acquire Virgin Money for… Read More ›
Activist shareholder Third Point has applied increasing pressure to provide better returns of investment to shareholders. On Friday, Swiss food group Nestle stated that it plans on cutting 400 jobs in France in support services and HQ functions. The cost… Read More ›
With many European airlines filing for bankruptcy and given the demand for air travel, bigger airlines are set to reap in the benefits. Expect ticket prices to shoot up since fewer air seats will be available. With some of Europe’s… Read More ›
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
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