Telecom Italia (TIM) has signed a non-disclosure agreement (NDA) with Italian state lender CDP and has started formal talks of a potential merger between the phone group’s network with that of smaller broadband rival Open Fiber. The development comes at a… Read More ›
revamp
ViacomCBS restructuring Paramount Pictures
A report from the Wall Street Journal citing sources familiar with the matter at hand as saying, ViacomCBS Inc is in the process of revamping the operations of its Paramount Pictures movie and television production unit under a broader management rejig…. Read More ›
Activist investor Amber Capital set for showdown with French publishing giant Lagardere
On Tuesday, activist investor Amber Capital is set to face one of its biggest test in its high-stakes bid to shake up governance at media and publishing firm Lagardere. Shareholders are set to vote as they attempt to revamp the… Read More ›
Britain’s CMA blocks Sainsbury’s $9.4 billion takeover with Walmart-owned Asda
Walmart’s strategy to exit Britain, one of its weakest performers in its global portfolio, has effectively been blocked. Facing limited options, here’s an examination of the issue, its implications for Walmart and a potential way around it. In a significant… Read More ›
ABB to sell its Power Grids business to Hitachi
ABB will sell only 80.1% of its stake in the business following which it will revamp its business structure. Zurich-based ABB has reached a deal to sell its Power Grids business to Japan’s Hitachi for an undisclosed amount. In a… Read More ›
The British agricultural sector likely to bear the brunt of Brexit
Here is the likely scenario of the British farmer in a post-Brexit world. It is interesting to see how one referendum has such widespread impact. Following Brexit Britain will be radically overhauling its agricultural policy since it will no longer… Read More ›
BMW’s revamped i3 to sport mile range in excess of 300km
BMW will relaunch the revamped i3 in 2017. German weekly, Welt am Sonntag has reported citing sources within the company who are familiar with the matter at hand, BMW plans on launching a new version of its i3 electric car… Read More ›