Toshiba walked away from potential buyout talks and Brookfield offer -sources
Japan’s Toshiba Corp (6502.T) walked away from potential private equity buyout offers at a substantial premium, as well as advanced talks for a minority stake from Canada’s Brookfield, according to three people familiar with the matter.
Exclusive: Toyota turns to Chinese tech to reach its electric holy grail
Toyota Motor Corp (7203.T) will launch an all-electric small sedan in China late next year, having turned to local partner BYD (002594.SZ) for key technology to finally make an affordable yet roomy runaround, four sources told Reuters.
Analysis: White House delay on Fed regulation chief bodes badly for bank M&A
The White House’s delay in nominating the Federal Reserve’s new regulatory chief is likely to compound a logjam in approving bank tie-ups that have been on ice since September due to uncertainty over personnel changes at the U.S. central bank.
Spain’s BBVA says Garanti deal priced in further lira depreciation
Spain’s BBVA (BBVA.MC) on Wednesday reiterated its long-term commitment towards Turkey and said lira depreciation had been taken into account while structuring its recent purchase offer for a stake in Garanti Bank.
Shell launches shareholder talks to win backing for HQ move, sources say
Royal Dutch Shell (RDSa.L) has launched talks with investors to secure support for its plan to relocate its headquarters from the Netherlands to Britain, sources said, as a leading advisory recommended backing the move at a December vote.
Citigroup to create 100 roles in digital asset push
Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday.
KKR makes $12 billion approach to take Telecom Italia private
Telecom Italia (TIM) (TLIT.MI) has received a 10.8 billion euro ($12 billion) approach from U.S. fund KKR (KKR.N) aimed at taking Italy’s biggest phone group private, the company said on Sunday.
Blackstone makes sweetened $6.2 bln play for Australia’s Crown
Investment giant Blackstone Group Inc (BX.N) made a $6.2 billion approach for troubled Australian casino firm Crown Resorts Ltd (CWN.AX), sweetening an earlier offer as its main rival bidder is beset by regulatory problems.
Corporate law’s partisan gulf widened in 2020, analysis finds
Lawyers and staff at major law firms donated nearly six times more to Democrat Joe Biden than to incumbent Republican president Donald Trump in the 2020 election, according to a new analysis of campaign contributions by University of Iowa law professor Derek Muller.
