merger
Investing.com — Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL. On Wednesday evening, Azul revealed details about a non-binding memorandum of understanding (MOU) with Abra, the holding company behind GOL, indicating that key terms for the…
By Ismail Shakil OTTAWA (Reuters) -Canada on Tuesday approved with conditions U.S. grains merchant Bunge (NYSE:)’s $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is unprecedented in dollar value. The conditions for the approval include Bunge’s divestiture of six…
By Rishi Kant and Aditya Soni (Reuters) -Getty Images said on Tuesday it would merge with rival Shutterstock (NYSE:) to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny. The companies, two of the largest players in the licensed…
Investing.com– Most Asian stocks rose on Monday, tracking gains in Wall Street after softer U.S. inflation data spurred bets that interest rates will still fall in the coming year. Japanese stocks were among the better performers for the day, buoyed by speculation over a potential merger between Honda (NYSE:) and…
Nissan and Honda are reportedly considering a merger.But former Nissan CEO Carlos Ghosn said the move suggests that Nissan is in “panic mode.””There is practically no complementarity between the two companies,” Ghosn told Bloomberg on Friday.The potential merger between Japanese automakers Nissan and Honda is a “desperate move,” said Carlos…
Investing.com — According to a report by , Honda (NYSE:) and Nissan (OTC:) Motor (TYO:) are considering entering negotiations for a potential merger, which could also involve Mitsubishi Motors Corp. (TYO:), in which Nissan holds a roughly 24% stake. A merger between Honda and Nissan would result in a company…
By Maki Shiraki TOKYO (Reuters) – Honda (NYSE:) and Nissan (OTC:) are moving towards a closer tie-up with talks of setting up a holding company, a source said, in the clearest sign yet of reorganisation in Japan’s auto industry in response to immense challenges posed by Tesla (NASDAQ:) and Chinese…
By Siddharth Cavale NEW YORK (Reuters) – Kroger (NYSE:) and Albertsons (NYSE:) could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a failed $25 billion merger between the two supermarket rivals, analysts said. Retailers like Amazon (NASDAQ:), Target (NYSE:), Walmart (NYSE:), and grocers like Tesco…
By Jody Godoy (Reuters) -Albertsons terminated its $25 billion bid to merge with Kroger (NYSE:) on Wednesday after courts blocked the deal and sued its rival, alleging a breach of contract that led to the deal’s demise. The formal termination ends a two-year effort by the chains to combine that…
By Niket Nishant, Manya Saini and Nupur Anand (Reuters) – The banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who are expected to ease capital rules and merger approvals, industry experts and analysts said. The President-elect’s picks…
