April 12, 2019

Campbell to sell part of fresh food unit for about $500 mln to former executive – WSJ

(This April 11 story has been refilled to add dropped word ‘part of’ in headline) Powered by WPeMatico
April 12, 2019

EU clears Nidec purchase of Whirlpool unit subject to conditions

The European Commission said on Friday it had approved Japanese firm Nidec’s planned purchase of U.S. white goods maker Whirlpool Corp’s compressor subsidiary Embraco, subject to […]
April 12, 2019

Merck KGaA clinches $6.5 billion Versum takeover in bet on electrochemicals

Germany’s Merck KGaA sealed a $6.5 billion takeover deal with Versum Materials after overturning a deal it had agreed with rival bidder Entegris. Powered by WPeMatico
April 12, 2019

Ferrari CEO confident on plan’s targets despite uncertain backdrop

The chief executive of luxury race car maker Ferrari said on Friday he was confident about meeting the targets of a business plan through 2022 despite […]
April 12, 2019

Chevron to buy Anadarko for $33 billion in shale push

Chevron Corp unveiled a $33 billion takeover of Anadarko Petroleum Corp on Friday, bolstering its position in shale oil and liquid natural gas production with the […]
April 12, 2019

Alibaba founder defends overtime work culture as ‘huge blessing’

Alibaba Group founder and billionaire Jack Ma has defended the grueling overtime work culture at many of China’s tech companies, calling it a “huge blessing” for […]
April 12, 2019

PNC Financial first-quarter profit meets estimates

PNC Financial Services Group Inc’s first-quarter profit met analysts’ estimates on Friday, as a rise in expenses and provision for credit losses overshadowed growth in interest […]
April 12, 2019

JPMorgan profit tops estimates on higher interest income

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bank’s advisory and debt underwriting business offset […]
April 12, 2019

Chinese group to get control of Japan Display after $2.1 billion bailout

A Chinese-Taiwanese group will take control of Apple Inc supplier Japan Display after pumping in funds as part of a 232 billion yen ($2.1 billion) bailout […]
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