U.S. dominates second quarter global M&A as mega deals roll on
NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and…
Secrets lawsuit to be dropped under Mitsubishi-Bombardier deal
(Reuters) – A trade secrets lawsuit brought by Canada’s Bombardier against the aircraft unit of Mitsubishi Heavy Industries Ltd has been “stayed” or suspended and will be dropped when a…
Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
(Reuters) – Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal…
Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma
(Reuters) – Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon…
Boeing says will take time to win back confidence
PARIS (Reuters) – The head of Boeing said on Sunday the U.S. planemaker had made a mistake in implementing a faulty cockpit warning system on the 737 MAX and predicted…
Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets – sources
(Reuters) – Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the…
Brazil’s Centauro lifts Netshoes buyout offer by 11%
SAO PAULO (Reuters) – Grupo SBF SA, operator of Brazil’s Centauro stores, again boosted its offer for online sports retailer Netshoes Cayman Ltd, this time to $4.10 per share, the…
Exclusive: Mexico blamed Walmart’s size, access to rivals’ data in blocking app deal
MEXICO CITY (Reuters) – Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use…
Italy’s industry ministry open to any discussions on Alitalia, including with Atlantia
MILAN (Reuters) – Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of…
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp,…