Divestitures / Spin

ISS says renegotiating Dell tracking stock offer would be best option

ISS says renegotiating Dell tracking stock offer would be best option

Published 05/10/2018

(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) said on Friday that Dell Technologies Inc should renegotiate an offer to acquire a tracking [more…]

Namibian president wants land expropriated to boost black ownership

Namibian president wants land expropriated to boost black ownership

Published 01/10/2018

WINDHOEK (Reuters) - Namibia’s president called on Monday for a change to the constitution to allow the government to expropriate land and re-distribute it to [more…]

Michael Kors to take control of Italy’s Versace: sources

Michael Kors to take control of Italy’s Versace: sources

Published 24/09/2018

LONDON (Reuters) - U.S. fashion group Michael Kors Holdings Ltd (KORS.N) has agreed to take control of Italy’s Versace, three sources familiar with the matter [more…]

EU regulators to decide by October 26 on Sony’s $2.3 billion bid…

EU regulators to decide by October 26 on Sony’s $2.3 billion bid…

Published 24/09/2018

BRUSSELS (Reuters) - Sony Corp (6758.T) will know by Oct. 26 whether EU antitrust regulators will wave through its $2.3 billion offer for control of [more…]

Singapore fines Grab and Uber, imposes measures to open up market

Singapore fines Grab and Uber, imposes measures to open up market

Published 24/09/2018

SINGAPORE (Reuters) - Singapore slapped ride-hailing firms Grab and Uber with fines and finalized restrictions to open up the market to competitors after concluding that [more…]

Lightyear buys U.S. blockchain start-up Chain- to move business to…

Lightyear buys U.S. blockchain start-up Chain- to move business to…

Published 10/09/2018

NEW YORK (Reuters) - San Francisco technology start-up Chain Inc. has been acquired by Lightyear Corp., a company focused on the Stellar blockchain, Chain Chief [more…]

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

Published 07/09/2018

NEW YORK (Reuters) - Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition [more…]

Embattled blood-testing firm Theranos to dissolve: WSJ

Embattled blood-testing firm Theranos to dissolve: WSJ

Published 05/09/2018

(Reuters) - Theranos Inc, the once-celebrated Silicon Valley blood-testing firm, is about to dissolve itself months after top executives were indicted for defrauding investors, the [more…]

Exclusive: Third Point seeks to tap Campbell Soup board challengers…

Exclusive: Third Point seeks to tap Campbell Soup board challengers…

Published 31/08/2018

(Reuters) - Activist investor Daniel Loeb’s hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of [more…]

Chicago teachers pension fund divesting from private prisons

Chicago teachers pension fund divesting from private prisons

Published 17/08/2018

NEW YORK (Reuters) - The Chicago Teachers’ Pension Fund’s board of trustees voted on Friday to phase out investments in companies that run private prisons [more…]