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Friday, October 18, 2019

Tag: merger

Putrajaya’s competition body seeks to slap RM86.8 million fine on Grab

MyCC gives Grab 1 month to answer allegations that the merger with Uber had led to its monopoly of the local e-hailing industry.

Axiata seeks Malaysia, Indonesia mergers after Telenor talks end

Axiata could see mergers happening for its Indonesian and Malaysian operations within three to five years.

Groups trying to ‘sabotage’ Terengganu varsity merger, says Maszlee

Maszlee Malik says there are some using the issue to gain political leverage for the opposition.

Former higher education minister slams merger of Terengganu varsities

Khaled Nordin says the government should have done a study and presented the findings first before making such a decision.

Education ministry confirms merger of 2 Terengganu varsities

The Cabinet has agreed 'in principle' to the merger of the institutions and the education ministry is preparing a framework for it implementation.

Elliott Management calls for AT&T shake-up as Trump piles on pressure

News of Elliott Management's stake helped push AT&T's stock price up more than 4%.

Vice-chancellor backs merger of two Terengganu universities

Universiti Sultan Zainal Abidin's vice-chancellor Hassan Basri Awang Mat Dahan says merging the universities is like forming a brigade with two battalions.

Student body wants a say on possible uni merger

UMT's student body says there are many questions that need to be answered by the relevant parties.

Putrajaya may merge 2 Terengganu universities

According to a source close to the matter, the high cost is behind the decision to merge the institutions.

Bank of America chases US$10 tril private capital pool

Bank of America has created a formal structure to identify new business from deep-pocketed investors.

Philip Morris in merger talks with Altria

Analysts and investors have long speculated that the companies would merge, given mounting pressure from declining cigarette sales.

CBS shareholders to get slight premium from Viacom deal

Viacom shareholders will receive just above 0.595 CBS shares for each share they own.

Jokowi moots cooperation or even merger of Petronas, Pertamina

The Indonesian president says the two state oil companies should collaborate or even combine to become a big enterprise with more capacity, capital and equity.

Gannett, GateHouse to merge in tie-up of big US newspaper groups

The cash-and-stock transaction would be valued at around US$1.4 billion creating a media house with 263 dailies, reaching 145 million customers.

Fiat Chrysler open to fresh merger talks with Renault

Fiat walked away from talks on a proposed merger after growing frustrated with tensions between Renault's executives and the French state.

Texas joins states suing to stop T-Mobile, Sprint deal as trial...

The US Justice Department has signed off on the merger and the Federal Communications Commission has indicated that it will formally approve the proposed transaction.

US Department of Justice approves T-Mobile, Sprint tie-up

The US Justice Department says it is greenlighting T-Mobile US Inc’s request to acquire rival Sprint Corp.

T-Mobile deal gets opposition from more states; Sprint shares drops

Massachusetts, Hawaii, Minnesota and Nevada are joining the complaint against the merger of T-Mobile and Sprint.

Macron to discuss Renault-Nissan with Abe next week

French ministers have consistently highlighted the importance of ensuring that the Renault-Nissan alliance remains strong.

Investor Ackman opposes United Technologies’ aerospace merger with Raytheon

Ackman has concerns that the merger with Raytheon will lower the business quality of pro-forma United Technologies’ aerospace business.

France presses for concessions from Fiat in Renault proposal

The French government wants additional guarantees from Fiat Chrysler Automobiles NV in its proposal to merge with Renault SA as it seeks to avoid job cuts in France and protect national interests.

T-Mobile-Sprint merger is approved by Hawaii utility commission

The merger between T-Mobile and Sprint seems to be one step closer to being finalised.

T-Mobile, Sprint weigh airwaves sale, enticing big cable

T-Mobile and Sprint are scrambling to meet conditions sought by top Justice officials weighing whether to approve their merger.

Fiat Chrysler presents plan for merger with Renault

Fiat Chrysler has delivered a non-binding letter to Renault proposing a '50/50 merger', with a group that will be listed in Paris, New York and Milan.