NEWS




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…








JAB to buy Panera Bread Company for $7.5bn

Luxembourg-based investment group JAB agreed to acquire US bakery and cafe chain Panera Bread Company for $315 per share in cash in a transaction valued at $7.5 billion including…








Volkswagen agrees to pay another $157m

Volkswagen said on Thursday it reached an agreement with the attorneys general of 10 US states to pay $157.45 million to resolve environmental claims related to its…


EU blocks Deutsche Börse-London merger

The European Commission said it has prohibited the proposed merger of Deutsche Börse AG and London Stock Exchange Group after concluding the merger would have created “a…


AkzoNobel to outline new strategy on April 19

Dutch paints and coatings giant AkzoNobel, which rejected a proposal from Pittsburgh-based rival PPG Industries to buy it for about $24.2 billion, said on Tuesday it would hold an update…




EU approves $130bn Dow-DuPont merger

The European Commission approved the proposed $130 billion merger of US-based chemical companies Dow and DuPont “conditional in particular on the divestiture of major parts of…


AkzoNobel rejects $24.2bn bid from PPG

Dutch paints and coatings giant AkzoNobel said it rejected “a second unsolicited, non-binding and conditional proposal” from Pittsburgh-based rival PPG Industries to buy AkzoNobel for about $24.2 billion. “The…