Steinhoff’s ex-chairman Wiese calls off $2.6 billion Shoprite deal
JOHANNESBURG (Reuters) – South African tycoon Christo Wiese on Friday called off plans to sell his stake in grocer Shoprite to Steinhoff’s African arm , a day after he resigned from Steinhoff’s board in the midst of an accounting scandal.
Wall Street up as gains in consumer staples power recovery
(Reuters) – Wall Street indexes rose on Friday with gains in consumer stocks such as Costco Wholesale helping a broad recovery.
Chairman of Brazilian conglomerate Odebrecht to step down: paper
SAO PAULO (Reuters) – Emílio Odebrecht will resign as chairman of the board of the scandal-plagued Brazilian engineering conglomerate Odebrecht SA in the first half of next year, newspaper O Estado de S. Paulo reported on Friday, citing an unnamed source.
Icahn steps up fight against SandRidge’s plan to buy Bonanza Creek
(Reuters) – Activist investor Carl Icahn on Friday urged SandRidge Energy Inc’s stockholders to vote against the oil and gas company’s plan to issue shares for its proposed acquisition of Bonanza Creek Energy .
Exclusive: KKR wins auction for Unilever’s spreads business – sources
(Reuters) – Private equity firm KKR is in exclusive talks to buy Unilever’s margarine and spreads business after outbidding other buyout firms, people familiar with the matter said on Friday, in a deal expected to top $7 billion.
Wall Street set for higher open as tax bill concerns wane
(Reuters) – Wall Street was set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans’ much-awaited tax overhaul bill.
CSX shares tumble after CEO’s medical leave
(Reuters) – CSX Corp’s shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.
CSX shares tumble after CEO’s medical leave
(Reuters) – CSX Corp’s shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.
Let board do its job finding successor, Airbus CEO urges staff
PARIS (Reuters) – Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.
Let board do its job finding successor, Airbus CEO urges staff
PARIS (Reuters) – Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.
