wednesday
Mitsubishi Motors brings in new R&D chief, restates results after scandal
May 25, 2016 by creative · Leave a Comment
Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one…
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Mitsubishi Motors brings in new R&D chief, restates results after scandal
wednesday
Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe
May 25, 2016 by creative · Leave a Comment
By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust officials are investigating Anheuser-Busch InBev over its new incentives that encourage independent distributors to sell more of its own beer brands at the expense of competing craft brews, two people with knowledge of the matter said. Budweiser owner AB InBev has 45.8 percent of the U.S. beer market but has seen sales dwindle at least partially because of rising craft beer sales. The U.S. Department of …
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Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe
wednesday
EU regulators clear $100 billion-plus AB InBev, SABMiller deal
May 25, 2016 by admin · Leave a Comment
The world's largest brewer Anheuser-Busch InBev gained EU antitrust approval on Tuesday for its $100 billion-plus acquisition of SABMiller on condition it sell almost the whole of SABMiller's beer business in Europe. Reuters was the first to report that AB InBev's concessions to sell substantial assets would secure the EU green light for one of the largest corporate…
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EU regulators clear $100 billion-plus AB InBev, SABMiller deal
wednesday
EU regulators clear $100 billion-plus AB InBev, SABMiller deal
May 25, 2016 by elegant · Leave a Comment
The world's largest brewer Anheuser-Busch InBev gained EU antitrust approval on Tuesday for its $100 billion-plus acquisition of SABMiller on condition it sell almost the whole of SABMiller's beer business in Europe. Reuters was the first to report that AB InBev's concessions to sell substantial assets would secure the EU green light for one of the largest corporate takeovers ever. AB InBev has already agreed to sell SABMiller&#…
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EU regulators clear $100 billion-plus AB InBev, SABMiller deal
wednesday
Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
May 25, 2016 by admin · Leave a Comment
France's Sanofi SA is preparing to name candidates it will put forward to replace the entire board of U.S. cancer drug company Medivation Inc as early as Wednesday, according to people familiar with the matter. Sanofi has threatened to oust the board after Medivation rejected its unsolicited $9.3 billion acquisition offer late last month, taking advantage of a so-called 'written consent' rule that gives Medivation shareholders the…
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Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
wednesday
Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
May 25, 2016 by admin · Leave a Comment
France's Sanofi SA is preparing to name candidates it will put forward to replace the entire board of U.S. cancer drug company Medivation Inc as early as Wednesday, according to people familiar with the matter. Sanofi has threatened to oust the board after Medivation rejected its unsolicited $9.3 billion acquisition offer late last month, taking advantage of a so-called 'written consent' rule that gives Medivation shareholders the…
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Exclusive: Sanofi to unveil challenge to Medivation’s board – sources
wednesday
Bayer makes move for Monsanto in global agrichemicals shakeout
May 19, 2016 by creative · Leave a Comment
By Greg Roumeliotis and Mike Stone NEW YORK (Reuters) – German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto Co, the world's biggest seed company, as high inventories and low commodity prices spur consolidation in the global agrichemicals industry. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither released proposed deal terms. With Monsanto …
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Bayer makes move for Monsanto in global agrichemicals shakeout
wednesday
Charter Communications completes purchase of Time Warner Cable
May 19, 2016 by admin · Leave a Comment
Charter Communications Inc said Wednesday it has completed its acquisition of Time Warner Cable Inc and Bright House Networks LLC, creating the second-largest U.S. broadband provider and third-largest pay TV provider. The combination of Charter, TWC and Bright House will serve over 25 million customers in 41 states. The completion of the deals came days after Charter won final regulatory approvals, about a year after the transactions were announced.
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Charter Communications completes purchase of Time Warner Cable
wednesday
Stuck with dangerous dollar dominance
May 11, 2016 by elegant · Leave a Comment
By Mike Dolan LONDON (Reuters) – The world is getting an object lesson on the problems of having one dominant global currency and even the supposed prime beneficiary, the United States, can see the downside…
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Stuck with dangerous dollar dominance
wednesday
Oil dips on Canada output prospects, record U.S. stocks
May 11, 2016 by admin · Leave a Comment
By Simon Falush LONDON (Reuters) – Crude prices fell on Wednesday as oil sands production in Canada restarted after forced closures due to wildfires, and as already record-high inventories especially in the United States grew. U.S. West Texas Intermediate (WTI) futures were down 44 cents at $44.22 a barrel. A battle between Middle East producers for market share in Asia also weighed on prices, countering production declines and disruptions around the world.
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Oil dips on Canada output prospects, record U.S. stocks