© Reuters. Investing.com – Communication tower stocks were lower in midday trade Monday as it looked like they will have one fewer customer soon. The U.S. Federal Communications Commission is likely to approve T-Mobile (NASDAQ:) and Sprint’s (NYSE:) merger after FCC Chairman Ajit Pai said he would recommend approval ofRead More →
Gardner Denver Holdings Inc. is nearing a deal to merge with a division of Ingersoll-Rand PLC, according to people familiar with the matter, in a combination that would create the world’s second-largest manufacturer of industrial pumps and compressors with a market capitalization of around $11.6 billion. Though the exact termsRead More →
© Reuters. FILE PHOTO: FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX in Frankfurt FRANKFURT (Reuters) – A merger of Deutsche Bank (DE:) and Commerzbank (DE:) could put 20,000 jobs at risk, the head of labor union Verdi saidRead More →
© Reuters. European shares bounce back helped by bank merger talk MILAN (Reuters) – European shares recovered on Monday with merger talk lifting the battered banking sector and helping offset lingering worries over a slowdown in the global economy, while a crash of a Boeing (NYSE:) 737 MAX hit sharesRead More →
© Reuters. FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX in Frankfurt FRANKFURT (Reuters) – The management board of Deutsche Bank (DE:) has agreed to hold talks with rival Commerzbank (DE:) on the feasibility of a merger, a personRead More →
© Reuters. FILE PHOTO: A Sainsbury store sign in south London. By James Davey LONDON (Reuters) – Sainsbury’s planned 7.3 billion pound ($9.5 billion) takeover of Walmart’s Asda can only be salvaged if Britain’s competition regulator fundamentally changes its analysis of Britain’s grocery market, experts said on Thursday. That’s unlikely,Read More →
© Reuters. Investing.com – Suntrust Banks soared Thursday after agreeing to be bought by BB&T in a deal valued at about $66 billion, creating the sixth-largest U.S. bank. Other regional banks, including Citizens Financial (NYSE:), up 2.8%, Cincinnati Financial (NASDAQ:), up 3.1%, and Comerica (NYSE:), up 5.2%, rallied on theRead More →
© Reuters. FILE PHOTO: French High Speed Train (TGV) made by French train maker Alstom stops next to a German High Speed Train (ICE) made by Siemens at Munich’s railway station By Foo Yun Chee BRUSSELS (Reuters) – As Siemens and Alstom (PA:) face EU rejection of their plan toRead More →
Versum Materials Inc. is in advanced talks to combine with Entegris Inc., in a deal that would unite two chemical companies that make critical components for the semiconductor industry. Versum VSM, +4.91% and Entegris ENTG, +1.33% are nearing agreement on a stock-for-stock merger that could be announced Monday,Read More →
