International Companies
Glencore sweetens offer for Teck Resources
Glencore sweetened its offer for Canada’s Teck Resources on Tuesday by proposing to add a cash component to its previous all-share bid.
KKR buys stake in communications company FGS Global
US private equity firm KKR has agreed to invest in financial PR firm FGS Global, in which advertising giant WPP is a majority shareholder.
Shares jump as Tui predicts bumper summer
Tui Group said it remained on track for a strong summer on Thursday, sending shares in the German travel giant higher.
CMA to investigate Amazon's $1.7bn takeover of iRobot
The Competition and Markets Authority said on Thursday that it will investigate Amazon’s $1. 7bn takeover of robot vacuum maker iRobot.
J.P.Morgan's Dimon says banking crisis nothing like 2008, but sees 'storm clouds' ahead
J. P. Morgan's boss did not believe that the recent banking crisis was anything like what was experienced in 2008.
Credit Suisse chairman apologises at last annual meeting
The chairman of Credit Suisse apologised to shareholders on Tuesday at the bank’s final annual meeting, for the collapse that ultimately led to the Swiss lender being taken over by UBS.
Virgin Orbit files for bankruptcy protection
Richard Branson’s Virgin Orbit has filed for bankruptcy protection in the US after the rocket launch company failed to secure fresh funding.
L’Oreal to buy skincare brand Aesop in $2.5bn deal
L’Oreal has agreed to buy Australian skincare brand Aesop from Brazil’s Natura & Co in a $2. 5n deal.
UFC parent Endeavor to buy WWE in $21bn deal
UFC parent Endeavor Group said on Monday that it has agreed to buy World Wrestling Entertainment (WWE) in a $21bn deal.
Teck Resources rejects takeover approach from Glencore, shares surge
Teck Resources surged in pre-market trade on Monday after saying it had received and unanimously rejected an unsolicited takeover approach from Glencore.
Extra Space Storage to buy Life Storage in $12.4bn deal
Extra Space Storage has agreed to buy Life Storage in a $12. 4bn all-share deal.
German watchdog hands EY two-year ban - report
EY has been banned from taking on listed companies as new audit clients in Germany for two years, it was reported on Monday.