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Companies : Page 4

South Africa watchdog OK with Footgear's acquisition of Target Business
FootgearSeptember 16, 2019 ET
The Competition Commission South Africa has recommended that the Competition Tribunal (Tribunal) approve the proposed transaction whereby Footgear intends to acquire the Target Business without conditions.
Polish watchdog: Omega, Hybrid Cykler, Alternet and AdBlast and Team-Coin can be pyramid schemes
Marek NiechciałSeptember 16, 2019 ET
The President of Polish wathcdog UOKiK Marek Niechciał says that Omega, Hybrid Cykler, Alternet and AdBlast and Team-Coin can be pyramid schemes.
Australia OK with Virgin Australia's cooperation with Virgin Atlantic
Virgin AustraliaSeptember 16, 2019 ET
The ACCC has issued a draft determination proposing to authorise Virgin Australia (ASX: VAH) to more closely cooperate with Virgin Atlantic on flights between Australia and the UK and Ireland, via Hong Kong, Los Angeles and any other future mutual connecting points.
Savannah Petroleum to export oil via Niger-Benin Pipeline in 2021
Niger-Benin PipelineSeptember 16, 2019 ET
The Pipeline is expected to run for c.2,000km from the ARB in Niger to Port Seme on the Atlantic coast in Benin, and is CNPC’s largest ever cross-border crude oil pipeline investment.
Fenix International and Vodacom open clean energy market for 200,000 households in Mozambique
Mozambique villageSeptember 16, 2019 ET
Fenix International opens its sixth market in Mozambique where it expects to reach 200,000 households with clean energy and inclusive financial services within 3 years.
China Mengniu plans to buy Bellamy's Australia for $983 million
Bellamy's AustraliaSeptember 16, 2019 ET
China Mengniu Dairy unveiled a plan to buy infant formula maker Bellamy’s Australia for A$1.43 billion ($983 million).
Blackstone funds to buy Dream Global REIT in $4.7 billion deal
BlackstoneSeptember 16, 2019 ET
Dream Global Real Estate Investment Trust said funds managed by Blackstone Group would buy the Canadian firm in a C$6.2 billion ($4.69 billion) deal.
Lundbeck to acquire Alder BioPharmaceuticals in transaction valued at up to $1.95 billion
Alder BioPharmaceuticalsSeptember 16, 2019 ET
H. Lundbeck and Alder BioPharmaceuticals announced a definitive agreement for Lundbeck to acquire Alder.
Nearly 50,000 General Motors auto workers go on strike
United Auto WorkersSeptember 16, 2019 ET
More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines as contract talks with the company deteriorated into a strike.
Gatwick Airport plans additional 90,000 flights
Gatwick AirportSeptember 16, 2019 ET
A proposed 90,000 additional flights could bring 28 million more passengers to Gatwick Airport by 2038.
Elbit Systems U.S. Subsidiary completes the acquisition of Harris Night Vision
Bezhalel MachlisSeptember 15, 2019 ET
Elbit Systems announced that its U.S. subsidiary, Elbit Systems of America, completed the acquisition of the Night Vision business of L3Harris Technologies for a purchase price of $350 million.
PG&E reached settlements with two of three major groups of wildfire claimants
Pacific Gas and Electric CompanySeptember 15, 2019 ET
PG&E Corporation and Pacific Gas and Electric Company have agreed in principle with entities representing approximately 85 percent of insurance subrogation claims to an $11 billion settlement to resolve all such claims arising from the 2017 Northern California wildfires and 2018 Camp Fire.
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