Four arrested, five vehicles seized in Suffolk County street takeover crackdown
DEER PARK, N.Y. — The Suffolk County Police Department’s Street Takeover Task Force arrested four individuals and impounded five vehicles over a 24-hour period during a weekend enforcement effort targeting illegal street…
UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial Times said…
Chile’s state miner launches subsidiaries to manage lithium takeover plan
SANTIAGO (Reuters) – Chilean state miner Codelco, the world’s largest copper producer, said on Friday it had created two subsidiaries to run a newly mandated lithium business amid a government plan to…
Florida Students Plan ‘Alternative’ Commencement To Oppose DeSantis’ ‘Hostile Takeover’
Florida Students Plan ‘Alternative’ Commencement To Oppose DeSantis’ ‘Hostile Takeover’ Alexa Schwerha on May 15, 2023 New College of Florida (NCF) students raised more than $90,000 to hold an alternative commencement ceremony…
Factbox-Lawsuits lodged over state-backed Credit Suisse takeover
(Reuters) – Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by selling it to Swiss banking rival UBS, a Swiss court has said.…
Canada’s regulator seeks information on RBC’s $13.5 billion takeover of HSBC unit
(Reuters) – Canada’s Competition Bureau on Monday sought information about Royal Bank of Canada’s $13.5 billion takeover of HSBC’s Canada business. The deal is the biggest acquisition for RBC. The last time…
EU antitrust ruling on UBS’ Credit Suisse takeover due by June 7
PARIS (Reuters) – European Union antitrust authorities will decide on UBS’ planned takeover of fellow Swiss bank Credit Suisse by June 7, the European Commission said in a statement. The Commission’s competition…
Swiss finance minister sees no ‘stumbling blocks’ to UBS takeover of Credit Suisse
ZURICH (Reuters) – UBS’s multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday. The Swiss parliament is…
Gavin Newsom Tries To Comfort Florida College Students Outraged At DeSantis Takeover
Gavin Newsom Tries To Comfort Florida College Students Outraged At DeSantis Takeover Alexa Schwerha on April 6, 2023 Democratic California Gov. Gavin Newsom attempted to comfort Florida students of a college transformed…
Florida College Launches $10,000 Scholarships After DeSantis-Backed Conservative Takeover
Florida College Launches $10,000 Scholarships After DeSantis-Backed Conservative Takeover Alexa Schwerha on April 4, 2023 A Florida state college will use a portion of its $15 million state legislature funds to offer…
Swiss economists question UBS takeover of Credit Suisse in poll
ZURICH (Reuters) – A poll of Swiss economists found that nearly half think the takeover of Credit Suisse by UBS was not the best solution, warning the saga has dented Switzerland’s reputation…
Asia policymakers move to calm nerves after Credit Suisse takeover
By Scott Murdoch SYDNEY (Reuters) – Asian policymakers on Monday moved to calm investor nerves after announcements of a historic Swiss-backed takeover of troubled Credit Suisse and a coordinated move by major…
Explainer-How Kakao won a takeover battle against HYBE for K-pop pioneer SM Entertainment
By Hyunsu Yim SEOUL (Reuters) – South Korean K-pop pioneer SM Entertainment Co Ltd is poised to fall under the grip of social media giant Kakao Corp after HYBE Co Ltd, the…
U.S. FTC seeks to block ICE’s $13 billion takeover of Black Knight – Politico
(Reuters) -The U.S. Federal Trade Commission is expected to challenge Intercontinental Exchange Inc’s $13 billion deal for mortgage software company Black Knight, Politico reported on Monday citing three people with direct knowledge…
Uniper CEO to resign due to government takeover
BERLIN (Reuters) – Uniper Chief Executive Klaus-Dieter Maubach plans to resign this year due to the nationalisation of the embattled utility by the German government, the firm said in a statement on…
EU regulators to rule on Viasat’s Inmarsat takeover by Feb. 13
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators will decide by Feb. 13 whether to clear U.S. company Viasat’s $7.3 billion takeover of satellite rival Inmarsat, a European Commission filing…
Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing
BRUSSELS (Reuters) – French media conglomerate Vivendi has offered remedies to address European Union (EU) competition concerns over its planned takeover of Lagardere, according to a filing on the European Commission’s competition…
Deutsche Post eyes takeover of Deutsche Bahn’s Schenker – Manager Magazin
BERLIN (Reuters) – Deutsche Post subsidiary DHL is interested in buying Schenker, the logistics subsidiary of German rail operator Deutsche Bahn, Manager Magazin reported on Thursday, citing people familiar with the matter.…
Turquoise Hill’s Friday vote on Rio Tinto takeover bid is hard to call
MELBOURNE (Reuters) – Shareholders in Canada’s Turquoise Hill will on Friday vote on a Rio Tinto $3.3 billion takeover offer that aims to give the Anglo-Australian miner more control over a giant…
Pfizer And General Mills Among Companies Suspending Twitter Ads After Musk Takeover: REPORT
Pfizer And General Mills Among Companies Suspending Twitter Ads After Musk Takeover: REPORT John Hugh DeMastri on November 3, 2022 Pharmaceutical firm Pfizer and food manufacturer General Mills are joining a growing…
Iran celebrates 1979 U.S. embassy takeover amid anti-government protests
By Elwely Elwelly DUBAI (Reuters) -Iran held state-sponsored annual rallies on Friday marking the 1979 seizure of the U.S. embassy in Tehran, as the clerical establishment that has ruled the Islamic Republic…
Carmaker Stellantis: will be vigilant after Musk’s takeover of Twitter
PARIS (Reuters) – Carmaker Stellantis said on Wednesday that it monitored all social media channels which involved its brands and will continue to do so in the wake of a new leadership…
Australia’s top banks eye payments firm Tyro as housing market cools
By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising interest rates…
Atlantia’s board deems Benetton-Blackstone’s takeover offer fair
MILAN (Reuters) – Italy’s infrastructure group Atlantia regards the share price in the tender offer announced by Edizione and Blackstone as fair from a financial point of view, it said on Wednesday.…
Italy extends deadline for ITA Airways takeover talks, sources say
MILAN (Reuters) – Italy has extended to Oct. 31 the deadline for exclusive talks with a consortium led by U.S. private equity fund Certares over a majority stake in ITA Airways, two…
Aveva investor plans to reject Schneider takeover offer – FT
(Reuters) – Canada-based Mawer Investment management, a top investor in Aveva PLC, plans to reject Schneider Electric’s 9.5 billion pounds ($10.66 billion) takeover offer, the Financial Times reported on Friday. “It’s an…
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