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ITALIAN ANTITRUST APPROVAL
Italian digital service company Engineering sells two units to AccentureEngineering, a prominent player in Italy's digital services landscape, is parting ways with its Alfahealth and Industries eXcellence units,...- Ride-hailing app Bolt expands to Italy in bid to shake up underserved marketEstonia-based Bolt will work with hundreds of drivers in Milan - either official cab drivers or private hire car drivers - and expects to s...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- CK Hutchison wants Chinese firm to join bidding for its $22.8 billion ports businessCK Hutchison is seeking a major Chinese strategic investor to join the BlackRock-led consortium bidding for its $22.8 billion ports busines...
- Nvidia takes EU antitrust regulators to court for probing AI startup Run ai bidWhile the case does not have any impact on the Run:ai deal which was eventually approved by the EU competition watchdog in December last ye...
- CCI approves Adani Group unit’s majority stake purchase in ITD Cementation IndiaAdani Group's Renew Exim DMCC has received CCI approval to acquire a 72.64% stake in ITD Cementation India, enhancing its construction capa...
- Agro Tech Foods' acquisition of Bharti Group-Del Monte JV firm gets CCI nodThe Competition Commission of India (CCI) approved the acquisition of Del Monte Foods by Agro Tech Foods for Rs 1,300 crore. Bharti and Del...
- Nvidia's proposed buy of AI startup Run:ai requires EU approvalNvidia will have to formally seek its approval for the deal, following a request from the Italian competition authority which received an a...
- Hettich Group to create 1,000 new jobs in India as it embarks on expansion driveGerman furniture brand Hettich Group plans to invest Rs 700 crore in India to expand its manufacturing units, creating nearly 1,000 new job...
- Amazon’s legal tangles in India are a cautionary taleThe foreign firm is legally barred by India’s overseas investment rules from acting as a retailer that owns or discounts inventory.
- Ray-Ban maker EssilorLuxottica considers suing GrandVision over $8.6 bn deal: SourceRay-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had...
- Fiat, PSA to win EU approval for $38 billion merger: SourcesThe green light from the European Commission would formalise the creation of Stellantis, a carmaking group that could tap hefty profits fro...
- KTM inks pact with with Spain's GasGasEarlier, Stefan Pierer, the chief executive of KTM, had also expressed interest in buying the Italian motorcycle brand Ducati, which is cur...
- European shares rise as Nafta deal hopes lift sentimentDeal between the US and Canada to salvage the NAFTA agreement to boost risk appetite
- Italian steelmaker Ilva gives approval to the company's acquisition by ArcelorMittalArcelorMittal committed to shedding certain European assets in Italy, Romania, Macedonia and the Czech Republic to get approval from the Eu...
- Sharp stock falls mar European trading as HSBC, Banco BPM disappointHSBC shares fell 1.1 per cent after it reported disappointing earnings.
- ArcelorMittal gets European Commission nod to acquire Italy's IlvaIn November last, European Union's anti-trust authorities had opened an investigation into ArcelorMittal's bid to buy Ilva.
- ArcelorMittal tells Ilva it wants to change buying contractArcelorMittal, the world's top steelmaker, reached a 1.8-billion-euro deal to buy Ilva in June but the purchase has since stalled due to le...
- Capgemini acquires Italian firm Aive for Euro 42.9 millionThe deal will be based on an enterprise value of Euro-42.9 million and be financed by the Capgemini Group's net cash, it said in a statemen...
- Kraft offers EU ‘remedies’ for Cadbury dealKraft Foods offered European Union regulators remedies to resolve antitrust issues in its proposed £10.1-billion bid for UK confectioner Ca...
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