KKR offers 63 euros per share to buy out Axel Springer minorities
Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher’s main shareholders.
Asia shares turn wary, U.S. inflation next hurdle
Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there.
Dassault Systemes to buy Medidata Solutions in $5.8 billion deal
French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on an enterprise value basis.
Iran scrambles to lift petrochemical sales as sanctions hammer oil
Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said, but now risks losing that crucial revenue as Washington tightens the screw on sanctions….
ABB names ex-GE exec Maryrose Sylvester to lead U.S. business
ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company veteran Greg Scheu, who is due to retire.
Proxy advisers lob rare rebuke against Nissan CEO Saikawa
Two leading proxy advisory firms have urged Nissan shareholders to vote against reappointing its chief executive as a director, heaping more pressure on Hiroto Saikawa as he struggles to find accord with alliance partner Renault.
Asia shares drift lower, wait on U.S. inflation
Asian share markets took a step back on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.
LG Electronics, regulators oppose Qualcomm’s effort to put antitrust ruling on hold
Smartphone maker LG Electronics Inc on Tuesday opposed Qualcomm Inc’s efforts to put a sweeping U.S. antitrust decision against the chip supplier on hold as it pursues an appeal.
Asia shares wary of Trump, wait on U.S. inflation
Asian share markets were in a wary mood on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.
Renault push to block Nissan governance shift ‘endangering’ alliance: source
Renault’s recent push to block a governance overhaul at Nissan Motor Co has put the Franco-Japanese automaking alliance in jeopardy, a person familiar with Nissan’s thinking told Reuters.
