Tag: ownership changes
7 months ago
wsj.com

TPG Telecom in Talks With Vocus Over $4.23 Billion Fixed Assets Sale

TPG Telecom is in talks over the potential sale of nonmobile fiber assets, including its wholesale residential fixed-...

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7 months ago
wsj.com

Volkswagen Seeks to Reclaim China Crown in Deal With EV-Maker XPeng

German auto giant buys stake in a Chinese rival after praising the dynamism and innovation of local automakers

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7 months ago
wsj.com

Volkswagen’s EV Gambit in China Makes Sense

Deal will help VW and local startup Xpeng, both struggling in China’s huge—and cutthroat—electric-vehicle market

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11 months ago
wsj.com

United Malt Gets A$1.5 Billion Takeover Proposal From Malteries Soufflet

Proposal was worth A$5.00 a share in cash, United Malt said

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12 months ago
wsj.com

Kakao Strikes Back in the Battle of K-Pop Empires

K-pop labels are shaping up as surprise stock winners in 2023

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12 months ago
wsj.com

K-Pop’s Corporate Battle Royale Is Just Getting Started

Takeover saga featuring BTS-backer Hybe and rival SM keeps getting more Shakespearean

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about 1 year ago
wsj.com

Flight Centre to Acquire U.K. Luxury Travel Brand Scott Dunn

Flight Centre expects to complete the deal by the end of February

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over 1 year ago
wsj.com

Charter CEO Tom Rutledge to Retire After Leading Cable Firm for Decade

Chief Operating Officer Chris Winfrey is to become the company’s next chief executive on Dec. 1.

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over 1 year ago
wsj.com

Ansell Fielding Interest in Russia Operations, CEO Says

Ansell Ltd. has received expressions of interest for its operations in Russia after the protective-garment manufactur...

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over 1 year ago
wsj.com

Saudi Fund Spends Oil Windfalls on $7.5 Billion in U.S. Stocks From Amazon to Microsoft

The kingdom is enjoying its strongest financial situation in years as a result of windfall revenue from high oil prices.

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over 1 year ago
wsj.com

Latitude, Humm Terminate BNPL Deal Due to Market Turmoil

Latitude Group Holdings scrapped its acquisition of Humm Group’s consumer finance operations, citing the financial-ma...

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almost 2 years ago
wsj.com

AGL Energy Scraps Demerger Proposal After High-Profile Opposition

AGL Energy has scrapped the demerger following opposition from investors including billionaire Mike Cannon-Brookes an...

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almost 2 years ago
wsj.com

Western Oil Companies Leave Russia to Their State-Run Rivals

The exit has been less costly than the big write-downs imply, but it marks another step in the rise of national oil a...

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almost 2 years ago
wsj.com

Energy Sanctions Are a Weapon Putin Would Understand

Sanctions on Russia announced since it invaded Ukraine have been designed to exclude commodity imports. President Bid...

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over 2 years ago
wsj.com

A COP26 Deal in Scotland Would Help Investors Too

A surprise declaration between Washington and Beijing could lay the foundations for a meaningful climate deal in Glas...

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over 2 years ago
wsj.com

Yahoo Pulls Out of China, Ending Tumultuous Two-Decade Relationship

The company cited an increasingly challenging business and legal environment in the country, and is the second well-k...

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over 2 years ago
wsj.com

Third Point Doesn’t Have the Answer for Shell

Shell rejected the activist investor’s plan to split its lower-carbon and legacy businesses, arguing that its busines...

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over 2 years ago
wsj.com

Australia Backs $1.6 Billion Buy of Pacific Mobile Networks

The Australian government is financing the purchase of mobile networks in six Pacific countries, a move that foreign-...

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over 2 years ago
wsj.com

Telstra Acquires Digicel Pacific in Partnership With Australian Government

Telstra Corp. agreed to acquire mobile networks in six Pacific nations in a $1.6 billion deal largely funded by the A...

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over 2 years ago
wsj.com

Selling Off its Property Services Won’t Save Evergrande

Teetering Chinese real estate giant Evergrande may be on the brink of selling a profitable unit. That may not be of m...

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over 2 years ago
wsj.com

Prenetics, a Covid-19 Testing Startup, to Go Public in SPAC Merger

Prenetics Group Ltd. is going public on the Nasdaq Stock Market in a merger with special-purpose acquisition company ...

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over 2 years ago
wsj.com

Evergrande’s Enormous Bill Finally Comes Due

Under pressure from multiple creditors, China’s most indebted property company is selling off strategic assets. That ...

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over 2 years ago
wsj.com

Beijing Gives Tech Investors a Brutal New Tutorial

Anyone who bought into Chinese internet stocks hoping for a bounce following the dramatic fall from grace of ride-hai...

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over 2 years ago
wsj.com

Telstra to Return $1.05 Billion to Shareholders on Towers Stake Sale

Telstra Corp. will return about $1.05 billion to shareholders after agreeing to sell a 49% stake in its mobile towers...

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over 2 years ago
wsj.com

A Homegrown Opportunity for Europe’s Beleaguered Banks

Domestic mergers are relatively unpopular, but could be one of the few ways for European lenders to boost returns.

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almost 3 years ago
wsj.com

AMC and Wanda’s Unlikely Happy Ending

Wanda’s AMC acquisition has finally paid off. That mostly comes down to luck though—the deal still looks mostly like ...

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almost 3 years ago
wsj.com

Green Energy Spinoffs Can Help Investors Clean Up

The clamor on Wall Street for all things green has put spinoffs back on the agenda for energy producers. This time ro...

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about 3 years ago
wsj.com

Geely and Volvo Decide to Remain Friends With Benefits

The auto makers have decided they can work better together as separate companies, a year after announcing a planned m...

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about 3 years ago
wsj.com

ECB Holds Rates, Stimulus Steady as Economic Outlook Darkens

The European Central Bank kept its large monetary stimulus unchanged and pledged to continue backstopping the region’...

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about 3 years ago
wsj.com

SoftBank Jumps on the SPAC Bandwagon

The only surprise is that it has taken the Japanese technology investor so long to tap the trendy funding channel.

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over 3 years ago
wsj.com

Divestment Campaigns Move Beyond Oil

The campaign to divest fossil-fuel stocks has picked up speed in recent years and hit investors where it hurts. The n...

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over 3 years ago
wsj.com

Chinese Property Developer Decries Fabricated Documents After Selloff

China Evergrande Group said documents circulating online about a corporate restructuring involving a key subsidiary w...

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over 3 years ago
wsj.com

India’s Richest Man Wants You—to Invest in Retail

Building on momentum from the huge cash haul from its telecom Jio, Reliance is hawking stakes in its retail business,...

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over 3 years ago
wsj.com

When the Chairman Becomes a Robinhood Trader

Li Dongsheng, chairman and founder of Shenzhen-listed display-panel maker TCL Technology Group, had to apologize to T...

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