Saturday’s extraordinary parliamentary sessions is promising to be an extraordinary thriller. Sammy Wilson, a lawmaker for the Democratic Unionist Party (DUP) stated, voting down British Prime Minister Boris Johnson’s Brexit deal will open up better opportunities for the government and… Read More ›
deal
Airbus sells 10 A321 neo jets to Chilean budget carrier Sky Airline
The deal is worth nearly $1.3 billion at list prices. According to two industry sources, Airbus has sold ten A321neo aircraft to Sky Airline, a Chilean budget carrier. The scope of the deal was included in a monthly Airbus order… Read More ›
Barneys New York Inc to sell assets to investment bank B. Riley Financial Inc and Authentic Brands Group for $271 million
The deal comes midst a stalking horse purchase agreement. In securities filing, Barneys New York Inc, a U.S. luxury department-store chain, stated it has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank… Read More ›
Russian investors keen to invest in Saudi Aramco’s IPO
The development underscores a growing closeness between Moscow and Riyadh. In a development that underscores growing trade relations between Saudi Arabia and Russia, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF stated, a number of Russian… Read More ›
U.S. construction and engineering firm AECOM close to selling its management services business to a consortium of private equity firms
Earlier this year, activist investor Starboard Value had urged the company to consider a strategic review of its assets. As per a report from Bloomberg, U.S. construction and engineering firm AECOM is said to be nearing a $2.4 billion deal… Read More ›
U.S. energy firm ConocoPhillips to sell Australian assets to rival Santos Ltd for $1.39 billion
ConocoPhillips is however retaining its LNG plant located in Queensland, Australia. On Monday, ConocoPhillips, a U.S. energy company stated, it has agreed to sell the bulk of its Australian assets to Santos Ltd, a rival, for $1.39 billion. The deal… Read More ›
JPMorgan sees 50% possibility of a Brexit deal being struck by Britain and the EU
While earlier it had placed this likelihood at just 5%, following Boris Johnson’s upbeat meeting with his Irish counterpart Leo Varadkar, the bank has placed the likelihood of a deal at 50%. On Friday JPMorgan stated, it now expects Britain… Read More ›
Pathway to Brexit deal sighted by negotiators
Both sides are cautious to not disturb the delicate balance that has been arrived at and have not disclosed the compromises, if any, that have been made. On Friday, just hours after British Prime Minister Boris Johnson and his Irish… Read More ›
Eu-Mercosur trade deal could be signed by next year: Senior EU Official
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
Elanco Animal Health acquires Bayer’s veterinary drugs business for $7.6 billion
The cash and stock deal will see Elanco becoming the world’s second biggest animal health company and expand its footprint in the pet e-commerce space. On Tuesday, Elanco Animal Health stated it would acquire Bayer’s veterinary drugs business in what… Read More ›