Tag: Ownership changes
Polish civic groups oppose ‘takeover’ of human rights office
WARSAW, Poland — More than 120 Polish organizations have voiced opposition to what they call “the hostile takeover” of the office of the country's...
GM expected to announce Tennessee battery plant on Friday
NASHVILLE, Tenn. — General Motors is expected to announce Friday that one of its joint ventures will build a second U.S. electric vehicle battery...
Germany’s Bild newspaper to launch television channel
BERLIN — Germany's biggest-selling daily newspaper, Bild, plans to launch a television channel that will go on air before the country's election in late...
How billionaire is using financial muscle for racial equity
Inspired by the racial justice protests of 2020, Jahm Najafi is ready to shed his normally low profile to make some headlines for his...
Genworth pulls plug on its acquisition by China Oceanwide
RICHMOND, Va. — Insurer Genworth Financial has pulled the plug on its long-delayed acquisition by a Chinese company.
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Japan’s Toshiba studies acquisition proposal by global fund
TOKYO — Trading in Toshiba stock was halted Wednesday after the Tokyo-based technology conglomerate confirmed it had received a preliminary acquisition proposal.
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Big railroad deal seen more likely to gain regulators’ OK
OMAHA, Neb. — Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific's proposed $25 billion...
Canadian Pacific agrees to buy Kansas City Southern for $25B
NEW YORK — Canadian Pacific Railway Ltd. has agreed to buy Kansas City Southern for $25 billion in cash and stock, creating the first...
Jury convicts former NW Indiana mayor of bribery in retrial
HAMMOND, Ind. — A federal jury convicted a former northwestern Indiana mayor on a bribery charge Friday in his retrial on allegations he solicited...
Brand firm takes controlling stake in Toys R Us parent
NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the...