Category: Sale
-
Trump to reiterate he will stop US Steel sale to Nippon By Reuters
•
By Gram Slattery and David Shepardson YORK, Pa. (Reuters) – Republican presidential candidate Donald Trump will confirm on Monday that he will block Nippon Steel Corp.’s planned purchase of U.S. Steel and move to roll back power plant pollution rules put in place by the Biden administration. Trump had signaled…
-
XPO has restarted sale of European transportation business – Bloomberg
•
John Tetzlaff/iStock Editorial via Getty Images XPO Company (New York:XPO) has renewed the sale of its European transportation business nearly two years after cancelling a plan to sell the operations. The logistics company is working with consultants to attract potential interest in the business, according to Bloomberg Report Late Wednesday,…
-
Blue Diamond Resorts Celebrates With End of the Summer Sale
•
Article Content SAINT MICHAEL, Barbados, Aug. 14, 2024 (GLOBE NEWSWIRE) — Blue Diamond Resorts, a diversified and comprehensive portfolio of all-inclusive brands in the Caribbean, is turning up the heat and celebrating the end of summer with its latest travel outlet, the “End of Summer Sale.” This exciting promotion offers…
-
RBC, Deutsche Bank plan US$4.5-billion debt sale for R1 RCM
•
Article Content Deutsche Bank and Royal Bank of Canada are preparing to issue a $4.5 billion debt package to help finance Towerbrook Capital and Clutton Dubilier & Rice’s planned purchase of R1 RCM Inc., according to people familiar with the matter. The financing could include a leveraged loan of up…
-
US agency puts onus on Amazon for sale of hazardous third-party products By Reuters
•
Amazon.com Inc is liable for dangerous products sold by third-party sellers on its platform under federal safety law and bears legal responsibility for recalling them, the U.S. consumer watchdog said Tuesday. The Consumer Product Safety Commission said it has ordered the e-commerce giant to propose remedial plans to notify consumers…
-
Stellantis triggers government scrutiny with Comau stake sale By Reuters
•
MILAN (Reuters) – Automaker Stellantis will sell a majority stake in its robotics unit Comao to OneEquity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Comao’s expansion beyond the automotive sector. Financial details of the deal were not disclosed, but US private…
-
DYdX Sale Attracts Crypto Market Makers For Buyout
•
In a major development in the decentralized finance (DeFi) scene, DYDX Trading Inc., the company behind the eponymous decentralized exchange, is reportedly in talks to sell part of its derivatives trading platform to a consortium of major cryptocurrency market makers. The potential deal, which Perella Weinberg Partners is advising, could…
-
Hibbett shareholders approve the sale to JD Sports
•
Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
-
Hibbett shareholders approve the sale to JD Sports
•
Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
-
Treasury can expect tax bonanza from Wiz sale
•
How much of the $23 billion reported by Alphabet (Google’s parent company) to buy Israeli cloud security startup Wiz will the Israeli tax authority take? The low estimate is $2.5 billion, while the high estimate is $3.5 billion. The Israeli tax liability arising from the acquisition lies with Waze’s Israeli…
-
ESE Completes Sale of Minority Interest in GameAddik
•
Article Content The sale marks the completion of ESE’s sale of GameAddik for $13 million after selling an initial 70% stake last year. VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) — ESE Entertainment Company (TSXV: ESE) (OTCQX: ENTEF) (“who“or the”a company“, a gaming and esports company that provides a…
-
Glass Lewis endorses sale of Vista Outdoor’s ammunition business to CSG (VSTO)
•
Agency consulting firm Glass Lewis recommends Vista Outdoor (NYSE: VSTOShareholders voted in favor of selling Kinetic Group to Czechoslovak Group, or CSG, as “the best option to maximize shareholder value.” CSG recently raised its offer for Ammunition Works at Vista Outdoor (vsto) to $2.1 billion, or $21 per share in…
-
Knesset c’ttee okays Discount sale of Cal to institutional body
•
The bill would change the current situation whereby any corporate entity wishing to acquire a credit card company can only do so from a third party. The Knesset Economics Committee approved the bill, allowing it to pass to the second and third readings. Israel Discount Bank (level: Desk) to sell…
-
Knesset c’ttee okays Discount sale of Cal to institutional body
•
The bill would change the current situation whereby any corporate entity wishing to acquire a credit card company can only do so from a third party. The Knesset Economics Committee approved the bill, allowing it to pass to the second and third readings. Israel Discount Bank (level: Desk) to sell…
-
Vodafone books Sh5bn loss from M-Pesa cash firm sale
•
British multinational Vodafone said it recorded a loss of €37 million (Sh5.1 billion) from the sale of the company that holds M-Pesa funds to Safaricom for a symbolic price of $1 (Sh128). The loss represents the transfer of a valuable subsidiary – M-Pesa Holding Company Limited – for almost nothing…
-
Revolut CEO to sell part of stake in $500 million share sale, Sky News reports By Reuters
•
(Reuters) – Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers to…
-
Piper Sandler maintains Renasant shares target post insurance subsidiary sale By Investing.com
•
On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July 2, 2024, Renasant Corp. announced the completion of the sale of Renasant Insurance, Inc.…
-
Addison Lee up for sale as owners explore potential takeover
•
Addison Lee’s owners Cheney Capital and William Griffin have hired investment bank Jefferies to explore the sale of the popular London minicab company. Addison Lee, a fixture on London’s high streets since it was founded in 1975, is now considering a sale by its majority shareholder, the Strategic Value Credit…
-
Rite Aid defeats MedImpact in $200 million Elixir sale dispute By Reuters
•
Written by Dietrich Knuth NEW YORK (Reuters) – MedImpact’s attempt to recover about $200 million in connection with its purchase of Rite Aid’s (NYSE:) pharmacy benefits unit failed after a judge ruled on Monday that it assumed Elixir’s debt when it bought the company. U.S. Bankruptcy Judge Michael Kaplan, at…
-
Exxon-Hess arbitration panel incomplete, stalling Hess sale to Chevron – Reuters
•
Joe Raedle/Getty Images News An arbitration panel could approve or block the $53 billion sale of Hess (New York Stock Exchange: HSSE) to Chevron (CVX) It remains incomplete Three months after the case was filed, delaying a decision on whether Exxon Mobil (XOM) would invest.Reuters reported on Thursday that the…