Tag: Mergers and acquisitions
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
HARRISBURG, Pa. -- President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.,...
Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales
NEW YORK -- Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns...
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
BANGKOK -- BANGKOK (AP) — Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that...
Bitsight buys dark web security specialist Cybersixgill for $115M
More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took...
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
NEW YORK -- Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect...
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger...