SYDNEY The first attempt at an acquisition by Australia's South32 following its spinoff from BHP Billiton has raised competition concerns over control of the local coking coal market.
SAO PAULO/ESSEN Thyssenkrupp AG has struck a deal to sell money-losing Brazilian steel mill CSA Cia Siderúrgica do Atlántico SA to Ternium SA for 1.26 billion euros ($1.3 billion), ending a foray into the Americas that led to years of massive losses.
WELLINGTON New Zealand's competition regulator on Thursday rejected Sky Network Television's proposed acquisition of Vodafone's New Zealand unit , saying that it would create a monopoly on premium sports content.
LONDON/FRANKFURT/PARIS French carmaker PSA Group expects its planned acquisition of General Motors' Opel division to lead to combined sales of 5 million vehicles by 2022 and save as much as 2 billion euros ($2.1 billion) annually, sources said, adding that a deal could be finalised in early March.
PARIS PSA Group's proposed acquisition of Opel from General Motors offers benefits to all sides, but the companies must address concerns about jobs, French Economy Minister Michel Sapin said on Wednesday.
LONDON Unilever sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz's $143 billion bid, with the promise of a swift, far-reaching review.
LONDON/FRANKFURT/PARIS French carmaker PSA Group expects its planned acquisition of General Motors' Opel division to lead to combined sales of 5 million vehicles by 2022 and save as much as 2 billion euros ($2.1 billion) annually, as the talks advance towards a likely deal in early March, sources told Reuters.
MILAN Italian lender UniCredit's 13 billion euro ($13.7 billion)capital increase is set to be concluded successfully, two market sources said on Wednesday.
BRUSSELS Dow Chemical and DuPont are set to win EU antitrust approval for their $130 billion merger, two people familiar with the matter said on Wednesday, one of three mega deals in the agrochemicals industry.
Oil giant Saudi Aramco [IPO-ARMO.SE] has asked JPMorgan Chase & Co and Morgan Stanley to assist with its mammoth initial public share offer and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said.
President Donald Trump's administration on Wednesday revoked landmark guidance to public schools letting transgender students use the bathroom of their choice, reversing a signature initiative of former Democratic President Barack Obama. | Video