U.S President Donald Trump formally approved Nippon Steel’s 5401.T fraught $14.9 billion bid for U.S. Steel X.N on Friday, capping a tumultuous 18-month effort by the companies, beset by union opposition and two national security reviews. Trump signed an executive order saying the tie-up could move forward if the companies signed an agreement with the…
Seven & i Holdings Ltd announced that its convenience store brand 7-Eleven is planning to explore potential store sell-offs with Canadian firm Alimentation Couche-Tard (ACT). This decision follows a series of measures introduced by Seven & i just days ago to counter a takeover bid from ACT, while also addressing antitrust concerns ahead of a…
BENGALURU: Amid the controversy over the alleged plans to shut down new universities established during the BJP tenure, Karnataka Deputy Chief Minister D K Shivakumar on Thursday informed the state assembly that the government intends to merge these universities with their parent institutions. Shivakumar, who heads a Cabinet sub-committee tasked with reviewing the status of…
The PGA Tour and Saudi Arabia’s sovereign wealth fund are racing to reshape their plans to combine their rival golf circuits, emboldened by President Donald J. Trump’s eagerness to play peacemaker for a fractured sport, according to four people familiar with the matter. Since the start of secret talks in April 2023, PGA Tour executives…
Kolkata, Jan 13 (IANS) With West Bengal education minister Bratya Basu recently hinting at merger of government-run schools, the department’s officials have started working out a strategy to implement the unification, keeping in mind a balanced teacher to student ratio in each amalgamated school. KOLKATA: Following recent remarks by West Bengal’s Education Minister, Bratya Basu,…
Canadian Prime Minister Justin Trudeau has dismissed former US President Donald Trump’s idea of a US-Canada merger. Labeling it a distraction from US tariff threats, Trudeau made it clear that despite his recent resignation as Labour Party leader, Canada will not become the 51st state of the USA. Source link
Visual content giants Shutterstock and Getty Images have announced plans to merge, creating a $3.7 billion powerhouse in the industry. The companies revealed on Tuesday that their collective portfolios will enable them to offer customers a more extensive range of images, videos, music, 3D content, and other media.The newly formed entity is set to be…
MUMBAI: HDFC Bank‘s deposit base surpassed its advances for the first time after the merger of its parent housing finance company with the bank in July 2023. The country’s largest private bank disclosed its business figures for Q3 FY25 in a filing with the stock exchanges.The bank’s advances growth has slowed as part of its…
Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world.Honda is considering several options including a merger, capital tie-up or the…
MUMBAI: In a move to rationalise its corporate structure, JK Paper, under the leadership of Harsh Pati Singhania, is combining several of its arms with itself, which will also enhance the Singhania family’s ownership in India’s foremost branded paper and packaging board manufacturer. The company, listed on Mumbai’s stock exchanges, is merging three wholly-owned subsidiaries…