Business
Rio walks away from Glencore mega merger on price impasse
The idea of a combination of the two companies has been discussed several times over more than a decade Rio Tinto Group is walking away…
Tag
merger
Business
Rio Tinto-Glencore merger may need asset sales to win over China
China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing…
Business
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power…
Business
China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO The parent company of China Aviation Oil (CAO)…
Unsorted
Destination XL to Merge With FullBeauty, Creating a $1.2B Extended Sizes Business
Destination XL Group, Inc. and its longtime competitor KingSize are merging. On Thursday, the Canton, Mass.-based men’s big and tall…
Business
China’s top investment bank CICC plans three-way merger
China International Capital Corporation (CICC), the nation’s top investment bank, plans to combine with two smaller brokerages in a…
Business
Additional spectrum from Simba-M1 merger would give new entity ‘structural advantage’, says StarHub
Telcos react to proposed merger; Circles.Life is concerned about the new entity’s pole position in the wholesale market The proposed…
Business
No Grab-GoTo merger notification yet: Singapore competition watchdog
The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it…
Business
Potential CapitaLand-Mapletree merger must be examined through an ESG lens
If a deal were to happen, it could create one of Asia’s largest real estate companies A possible merger between two Temasek-linked real…
Business
Circles.Life raises concerns over M1-Simba deal to IMDA, warns merger could hurt consumers
The telco says the merged entity’s wholesale market dominance threatens fair competition and consumer choice Mobile network operator…
Business
Indonesia discussing plan for merger of Grab and GoTo: official
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the…
Business
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec,…
Business
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger…
Business
CapitaLand Investment and Mapletree Investments mull merger: report
The process is part of recent moves by Temasek-owned entities to evaluate options to reshape portfolio companies into stronger global…
Business
Two Australian pensions confirm merger to form A$235 billion fund
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201…
Business
Europe: Stoxx 600 ends flat as merger boost balances France turmoil
EUROPEAN shares ended steady on Tuesday, as a boost from Anglo American’s merger deal and higher oil prices managed to counter uncertainty…
Business
What would a CapitaLand-Mapletree merger mean for S-Reits in their respective stables?
There seems to be little doubt now that the US Federal Open Market Committee will announce a rate cut at its coming meeting from Sep 16 to…
Business
Trump Fires Top Transportation Official Overseeing Key Merger
President Trump has fired Surface Transportation Board member Robert Primus, a Democrat who he himself first appointed to the railroad…
Business
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by…
Business
Paramount Global says Skydance merger should close in two weeks
Paramount Global said on Friday (Jul 25) it expects to complete its merger with Skydance Media by Aug 7, following government approval for…
Business
Skydance’s merger with Paramount Global wins FCC’s approval
PARAMOUNT Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the…
Business
Goldman Sachs profits jump as CEO eyes more merger activity
Goldman Sachs reported a jump in second-quarter profits on Wednesday behind significant increases in financial advisory revenues that…
Business
Musk says he does not support merger between Tesla and xAI
Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence…
Business
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food…