Category: bid
-
Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
•
(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
-
Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
•
(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
-
Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
•
(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
-
Boeing Proposes 35% Wage Hike in New Bid to End Lengthy Strike
•
(Bloomberg) — Boeing Co. and the union representing 33,000 striking workers have reached a new agreement to end a work stoppage that has crippled the company’s aircraft manufacturing for more than a month and squeezed its finances. Most read from Bloomberg The proposal reached overnight in Seattle includes a 35%…
-
Ex-Governor Kidero loses bid to stop EACC from probing his bank accounts
•
Former Nairobi Governor Evans Kidero has suffered a setback after the Court of Appeal dismissed a case in which he sought to stop the Ethics and Anti-Corruption Commission (EACC) from investigating his bank accounts. Appeal Court judges Daniel Musinga, Asik Makhandia and Sankali Ole Kantai said yesterday that the questions…
-
Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
•
(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
-
Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
•
(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
-
F1 design legend Adrian Newey joins Aston Martin in bid for world championship
•
Adrian Newey, widely regarded as the greatest designer in Formula 1 history, has joined Aston Martin as Managing Technical Partner, with the aim of leading the team to the World Championship. The announcement was made at the team’s Formula 1 base at Silverstone, where Newey also became a shareholder in…
-
Factbox-Nippon Steel rebuts CFIUS’s case against its bid for US Steel-letter By Reuters
•
WASHINGTON (Reuters) – Nippon Steel Co. defended its $14.9 billion bid for U.S. Steel Inc., saying it would boost the U.S. steel industry and that politics were driving U.S. opposition to the deal, according to a strongly worded letter first reported by Reuters. Here is a summary of some of…
-
Exclusive-US warned Nippon its US Steel bid poses a national security risk, sources say By Reuters
•
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – The Biden administration told Nippon Steel Corp in a letter on Saturday that its $14.9 billion takeover of U.S. Steel would pose a national security risk by hurting the U.S. steel industry, three people said, adding to evidence that the United…
-
REA group eyes £4.4bn takeover bid for Rightmove
•
Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn bid to buy Rightmove, the UK’s leading online property portal. REA Group, listed on the Australian Securities Exchange, operates prominent real estate platforms such as realestate.com.au in Australia, and is expanding into markets across Asia,…
-
US stock markets catch a sizzling late-day bid but Nasdaq ends three-week winning streak
•
SPX Daily Chart The last day of stock trading in August was not without its share of action. The S&P 500 opened strongly and then pared its gains to trade in negative territory by midday. However, some steady bids emerged in the afternoon before a massive late-day buying spree. Much…
-
US stock markets catch a sizzling late-day bid but Nasdaq ends three-week winning streak
•
SPX Daily Chart The last day of stock trading in August was not without its share of action. The S&P 500 opened strongly and then pared its gains to trade in negative territory by midday. However, some steady bids emerged in the afternoon before a massive late-day buying spree. Much…
-
Artisan urges Seven&i for takeover bid update by Sept 19 By Reuters
•
Written by Rocky Swift and Kevin Buckland TOKYO (Reuters) – U.S. asset manager Artisan Partners has stepped up pressure on its holdings in Japanese companies Seven and Ai, asking its board to provide an update on a takeover bid by Canada’s Alimation Couture by Sept. 19. In a letter dated…
-
Artisan urges Seven&i for takeover bid update by Sept 19 By Reuters
•
Written by Rocky Swift and Kevin Buckland TOKYO (Reuters) – U.S. asset manager Artisan Partners has stepped up pressure on its holdings in Japanese companies Seven and Ai, asking its board to provide an update on a takeover bid by Canada’s Alimation Couture by Sept. 19. In a letter dated…
-
Edgar Bronfman drops Paramount bid, clearing path for Skydance deal By Reuters
•
By Dawn Chmielowski and Anirban Sen (Reuters) – Media mogul Edgar Bronfman Jr. on Monday dropped out of the race to buy Paramount Global, paving the way for Skydance Media to take control of Shari Redstone’s media empire. In a statement, Bronfman said his bidding group informed Paramount’s special committee…
-
Kroger case tests FTC Chair Khan’s bid to protect workers By Reuters
•
Written by Judy Godoy (Reuters) – Federal Trade Commission Chair Lina Khan’s push to use antitrust laws to protect workers is being tested in a trial that began on Monday as the agency alleges that grocery chain Kroger Inc’s proposed merger with rival Albertsons Inc would crush the bargaining power…
-
Bronfman’s Paramount bid could keep Shari Redstone involved, CNBC reports By Reuters
•
(Reuters) – Former U.S. media executive Edgar Bronfman Jr. is open to having Shari Redstone stay involved with Paramount Global if its special committee accepts his union’s offer to buy out the company’s controlling shareholder, National Amusements, CNBC reported on Friday. On Wednesday, Bronfman beefed up his bid for Paramount,…
-
Media veteran Bronfman raises bid for Paramount takeover to $6 billion, source says By Reuters
•
(This story, originally published on August 21, has been resubmitted to correct RedBird’s writing style, in paragraph 8.) LOS ANGELES (Reuters) – Veteran businessman Edgar Bronfman has sharpened his bid for Paramount Global Inc. with a $6 billion offer for the controlling stake in National Amusements Inc. and a minority…
-
Disney drops bid to use Disney+ contract to halt allergy death lawsuit
•
Disney has backed down from its attempt to take a wrongful death lawsuit to arbitration, after a public backlash. The lawsuit, filed by Jeffrey Piccolo, seeks justice for the death of his wife, Dr. Kanokporn Tangsuwan, who died in 2023 after suffering a severe allergic reaction at Disney World in…