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AkzoNobel and Axalta Set for EU Approval of $25 Billion Merger
WorldBusiness

AkzoNobel and Axalta Set for EU Approval of $25 Billion Merger

Dulux maker AkzoNobel and US coatings company Axalta are expected to secure EU antitrust approval for their $25 billion merger after agreeing to...

Sainsbury’s Held Merger Talks With Morrisons Before Walking Away
BusinessEconomy

Sainsbury’s Held Merger Talks With Morrisons Before Walking Away

Britain’s second-largest supermarket chain, Sainsbury’s, held preliminary merger talks with rival Morrisons earlier this year over a potential multibillion-pound deal, but the discussions...

China Seeks Copper Supply Guarantee for Anglo-Teck Merger Approval
BusinessEconomy

China Seeks Copper Supply Guarantee for Anglo-Teck Merger Approval

China’s antitrust regulator has asked Anglo American to guarantee a steady supply of copper concentrate to the country as a condition for approving...

BASF Opens Talks With Evonik Over Potential €12bn Chemical Deal
BusinessEconomyWorld

BASF Opens Talks With Evonik Over Potential €12bn Chemical Deal

Germany’s BASF has approached rival chemical group Evonik and its largest shareholder, the RAG Foundation, over a possible transaction that could reshape Europe’s...

Kimberly-Clark Offers Concessions to Secure EU Approval for Kenvue Deal
BusinessEconomyWorld

Kimberly-Clark Offers Concessions to Secure EU Approval for Kenvue Deal

Kimberly-Clark has offered concessions to address European Union antitrust concerns over its proposed acquisition of consumer healthcare company Kenvue, as the $40 billion...

Cegid and Silae Plan €10 Billion Merger to Create European Software Group
WorldBusinessTechnology

Cegid and Silae Plan €10 Billion Merger to Create European Software Group

French business software company Cegid and payroll platform Silae said on Wednesday they plan to merge, creating a European technology group valued at...

US Judge Temporarily Halts Paramount’s Acquisition of Warner Bros. Discovery
World

US Judge Temporarily Halts Paramount’s Acquisition of Warner Bros. Discovery

A U.S. federal judge has temporarily blocked Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, granting a request by a coalition...