Tag Archives: deals

Linde works council chief says to vote against Praxair merger

MUNICH, Germany (Reuters) – Linde’s works council chief will vote against the German industrial gases group’s planned $65 billion merger with U.S. rival Praxair when it comes up for approval by the supervisory board, he told Reuters on Thursday.

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Linde works council chief says to vote against Praxair merger

German lawmaker warns U.S. exchanges against Deutsche Boerse bids

LONDON (Reuters) – U.S. stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday.

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German lawmaker warns U.S. exchanges against Deutsche Boerse bids

U.S. exchanges warned against Deutsche Boerse bid

LONDON (Reuters) – American stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday.

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U.S. exchanges warned against Deutsche Boerse bid

Huge nuclear cost overruns push Toshiba’s Westinghouse into bankruptcy

WILMINGTON, DEL./TOKYO (Reuters) – Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp , filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast.

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Huge nuclear cost overruns push Toshiba’s Westinghouse into bankruptcy

EU vetos Deutsche Boerse-London Stock Exchange merger deal

BRUSSELS (Reuters) – An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unraveled in the wake of Britain’s vote to leave the European Union.

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EU vetos Deutsche Boerse-London Stock Exchange merger deal

After crippling cost overruns, Toshiba’s Westinghouse files for bankruptcy

TOKYO (Reuters) – Toshiba Corp’s U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, just three months after huge cost overruns were flagged, as the Japanese parent seeks to limit losses that threaten its future.

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After crippling cost overruns, Toshiba’s Westinghouse files for bankruptcy

Deutsche Boerse, LSE merger plans rejected by EU regulators

BRUSSELS (Reuters) – EU antitrust regulators vetoed the proposed 29-billion-euro ($31.3 billion) merger of Deutsche Boerse and the London Stock Exchange on Wednesday, derailing the companies’ latest attempt to create Europe’s biggest stock exchange.

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Deutsche Boerse, LSE merger plans rejected by EU regulators

Other Akzo shareholders also want talks with PPG: Elliott Advisors

AMSTERDAM (Reuters) – Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries .

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Other Akzo shareholders also want talks with PPG: Elliott Advisors

Toshiba’s Westinghouse files for bankruptcy as charges jump

TOKYO (Reuters) – Toshiba Corp’s U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to limit losses that threaten its future.

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Toshiba’s Westinghouse files for bankruptcy as charges jump

Toshiba’s Westinghouse files for U.S. bankruptcy protection

TOKYO (Reuters) – Toshiba Corp’s troubled U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to limit losses that have plunged it into crisis.

Toshiba’s Westinghouse files for U.S. bankruptcy protection

Hedge fund Elliott says other Akzo shareholders want PPG talks: newspaper

AMSTERDAM (Reuters) – Elliott Advisors, the hedge fund with a 3.25 percent stake in Akzo Nobel , says shareholders owning 25 percent of the Dutch paints and coatings maker want it to engage in takeover talks with spurned U.S. suitor PPG Industries , Dutch business newspaper FD said on Wednesday.

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Hedge fund Elliott says other Akzo shareholders want PPG talks: newspaper

Toshiba unit Westinghouse files for U.S. Chapter 11 bankruptcy: Nikkei

TOKYO (Reuters) – Toshiba Corp’s U.S. nuclear unit Westinghouse Electric Co has filed for Chapter 11 bankruptcy protection, the Nikkei reported in a news alert on Wednesday.

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Toshiba unit Westinghouse files for U.S. Chapter 11 bankruptcy: Nikkei

Akzo shareholder Elliott says 25 percent of owners want PPG talks: FD newspaper

AMSTERDAM (Reuters) – Elliott Advisors, the hedge fund with a 3.25 percent stake in Dutch paint maker Akzo Nobel , has identified shareholders representing 25 percent of the company’s owners who want it to engage in takeover talks with PPG Industries , according to Dutch newspaper FD.

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Akzo shareholder Elliott says 25 percent of owners want PPG talks: FD newspaper

General Motors reaches deal with Argentine port operator to import cars

BUENOS AIRES (Reuters) – A unit of General Motors Co has reached a deal with port operator Terminal Puerto Rosario to import cars to Argentina, moving the U.S. automaker a step closer to exporting from its nearby plant, the company said in a statement on Tuesday.

General Motors reaches deal with Argentine port operator to import cars

GM rebuffs two-class share plan from Einhorn’s Greenlight Capital

(Reuters) – General Motors Co on Tuesday rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price, saying the plan creates unacceptable risk for the country’s largest automaker.

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GM rebuffs two-class share plan from Einhorn’s Greenlight Capital