Hints and tips:
Related Special Reports
...A shareholder vote to approve a deal between a special purpose acquisition company called Digital World Acquisition Corporation and Trump Media & Technology Group is planned for Friday....
...The company had shifted strategy within the past decade to focus more heavily on used vehicles, after an increasing number of carmakers opted not to work with the business....
...Horton says the closest he came to being fired was an episode in 2003, when The Lancet ran a scathing editorial criticising the way AstraZeneca, the Anglo-Swedish drug company, was marketing its newly approved...
...“We believe that any cash coming in from the stake sale at the parent company level could be injected into the steel business....
...The French group has grown through acquisitions over the years, including the two-stage acquisition of British technology company Aveva, sealed in 2022 and which valued the UK company at £10.6bn....
...Share moves to note on the New York Stock Exchange include DNA testing company 23andMe, homebuilder DR Horton and credit reporting agency Equifax: 23andMe: Shares surged 23 per cent in early trading on...
...US merger and acquisition activity is getting a boost from an unlikely source: the Bank of Japan....
...Companies must also close loopholes when employees leave....
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
...Other companies: Blackstone, DR Horton and Alaska Air Group will report earnings before the bell....
...JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 21 per cent to the US company’s last closing price....
...Berkshire cut its stake in the printer and PC maker by almost four-fifths DR Horton was up 0.2 per cent....
Japanese company targets American market with its biggest-ever acquisition
...The company’s share price is down 80 per cent from a 2018 peak....
...The acquisition is the latest in what bankers say is a growing wave of Japanese companies pushing for overseas acquisitions as a response to their shrinking domestic market and the geopolitical constraints...
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...Then 3G Capital went on an acquisition spree....
...There is little room for consolidation or growth through acquisitions. Excess cash has to go somewhere, other than back to shareholders or paying down debts....
...In recent months, the regulator sued Apple for allegedly building a monopoly in the smartphone market and it also sued to block Kroger’s acquisition of Albertsons — the largest supermarket merger in US history...
...Any deal for the company would have to get the approval of South Africa, which doesn’t seem keen on the prospect of BHP owning the company....
...Shares in Digital World Acquisition Corporation, the special purpose acquisition company with which TMTG first announced merger plans in late 2021, fell 13.7 per cent after Friday’s announcement....
...These companies are giants, compared to Darktrace, and scale commands a premium....
...Don’t we advise companies on this?”...
...Cash shell companies brought a series of immature businesses to public markets. High interest rates and low profits quickly sent many into the dustbin....
International Edition