TAG: Mergers and acquisitions
Anglo American Plc price gaps higher on BHP Group merger talk
Key takeaways BHP has proposed a strategic all-share merger with Anglo American Anglo American's shareholders would receive 0.7097 BHP shares for each Anglo American share, plus shares in Anglo American Platinum and Kumba Iron Ore distributed proportiona...
5 months ago
Macron warns Europe ‘can die’ in alarmist speech on protectionism, geopolitical threats
PARIS — French President Emmanuel Macron warned Thursday that Europe faces possible demise if it does not take bold action to tackle U.S. and Chinese protectionism, amid serious geopolitical threats from authoritarian regimes.In a bleak and solemn speech...
5 months ago
More cash, less screen time: 5 policy takeaways from Macron’s Sorbonne speech
PARIS — French President Emmanuel Macron outlined his priorities for the future of the European Union on Thursday in an almost two-hour stump speech with about six weeks to go until the European election in June. The marathon address at Sorbonne Universit...
5 months ago
Ariana Resources weighs in on its gold production
Shares were up as much as 3% on the news which adds to the already robust production that Ariana has built up at Kizeltepe. This follows the recent news that Ariana has also agreed an all-share merger with Zimbabwe-focused gold miner Rockover Holdings. Th...
5 months ago
Where to next for Trump Media’s share price?
On the first day of the Democratic National Convention (DNC) the republican former President’s Trump Media & Technology Group (formerly named Digital World Acquisition Corporation) shares hit a post-merger low at $22.24. The parent company’s share...
1 month ago
Ariana share price drops despite promising drilling results
Promising drilling results Ariana Resources, the UK-based gold exploration, development and production company, has announced promising results from its Hizarliyayla drilling program within the Salinbas Project in Turkey. The analysis and geological d...
1 month ago
Defense firms need full access to EU cash as Putin haunts Europe, Draghi says
European defense firms must not fear red tape as they ramp up weapons production, according to a new report seen exclusively by POLITICO.As Russia's full-scale invasion of Ukraine continues with knock-on effects for European security, the Continent's defe...
1 month ago
Barratt Developments’ profits forecast to drop
Barratt Developments’ profits forecast to drop On Wednesday morning the UK housebuilder Barratt Developments is expected to publish its full-year results. It is expected to report pre-tax profit of £365 million for the year, on revenue of £4.19 billio...
1 month ago
Europe’s Draghi report unleashed: These are the 5 things to watch
BRUSSELS ― Mario Draghi was the man hailed as saving the eurozone during the sovereign debt crisis when president of the European Central Bank. This time his challenge may be greater still: Stop Europe falling behind the rest of the world.European Commiss...
1 month ago
UniCredit buys Commerzbank stake from Berlin in breakthrough deal
The biggest European bank merger in years could be in the works, after Italy’s UniCredit seized a rare opportunity to expand its presence in the continent’s biggest market.The Milan-based institution said on Wednesday it had bought a 9 percent stake in Co...
1 month ago
Czech crisis manager set to become EU’s top global dealmaker
BRUSSELS — If there’s one experience both Ursula von der Leyen and Jozef Síkela have in common, it’s being thrown in the deep end.In her first three years as European Commission president starting in 2019, von der Leyen steered the EU through a pandemic a...
3 weeks ago
Berlin livid as UniCredit tightens its grip on Commerzbank
In the battle for Commerzbank, the gloves are off.Things hit fever pitch on Monday after Italy’s UniCredit, led by veteran dealmaker Andrea Orcel, announced out of the blue that it had entered into derivatives transactions that would raise its stake in Ge...
3 weeks ago
Europe’s financial ambitions slam into German opposition
An Italian bank making a big move to buy into a German bank sounds like exactly the sort of tie-up Europe's leaders have spent years crying out for, so the EU can rear more home-grown heavyweight corporate champions to compete with rivals from the U.S. an...
3 weeks ago
You could kill the EU, says France. No, you could, Germany replies.
Emmanuel Macron and Olaf Scholz lead the EU’s two biggest economies, sharing a 280-mile border. But when it comes to protecting Europe from global threats, these neighbors may as well be on different planets.At an event in Berlin this week, the French pre...
1 week ago