Articles by Mark McSherry














EU to probe IKEA over tax

The European Commission said it opened an in-depth investigation into the Netherlands’ tax treatment of Inter IKEA, one of the two groups operating the IKEA…




EU to probe Qualcomm’s $38bn bid for NXP

The European Commission has opened an in-depth investigation to assess the proposed $38 billion acquisition of Netherlands-based NXP Semiconductors by San Diego-based Qualcomm under the…


PPG withdraws €26.3bn bid for AkzoNobel

Pittsburgh-based PPG Industries said it withdrew its proposal to buy Dutch paints, coatings and chemicals giant AkzoNobel in a €26.3 billion deal after a final attempt to engage AkzoNobel’s boards failed. “We…



Clariant, Huntsman agree $20bn merger deal

Switzerland-based chemicals firm Clariant and US-based Huntsman said their boards unanimously approved a definitive agreement to merge in all-stock transaction that creates a company with a combined enterprise value of $20…










Shareholders seek to oust AkzoNobel chairman

Dutch paints giant AkzoNobel, which has rejected a $24 billion takeover proposal from Pittsburgh-based rival PPG Industries, said it received a request from shareholders led by Elliott Advisors to…