The European Commission said Wednesday that a proposed €1.42 billion ($1.65 billion) joint venture between paper manufacturers UPM and Sappi could reduce competition in markets for making print materials such as magazines and books.
The European Commission said Wednesday that a proposed €1.42 billion ($1.65 billion) joint venture between paper manufacturers UPM and Sappi could reduce competition in markets for making print materials such as magazines and books.
The U.K.'s antitrust regulator said Wednesday that it is launching a formal investigation into the $6.6 billion proposed acquisition of NCR Atleos Corp. by The Brink's Co. to determine whether the deal will harm competition in the country.
Glenstone said Wednesday that the shareholders of Alternative Income should accept its reduced takeover offer of £56.4 million ($77 million) after rival AEW UK ended its pursuit of the British real estate investment trust.
Siemens Energy has said it is beginning preparations to spin off its industrial transformation business with a view to turning it into a stand-alone entity with more flexibility and opportunities for growth.
Copper producer Jubilee Metals said Wednesday it has selected an unnamed preferred purchaser who can pay as much as $35 million for its unprocessed mining waste project in Zambia.
Iowa and Montana are asking the U.S. Supreme Court to stop California and other state enforcers from challenging Paramount Skydance Corp.'s planned purchase of Warner Bros. Discovery, calling the effort "a partisan enforcement action" that targets a procompetitive deal.
Optics technology provider Gooch & Housego said Wednesday that most of its shareholders have approved its proposed acquisition by U.S. private equity company Arlington Capital, in a deal valuing the provider at around £346 million ($470 million).
