US Business
BBVA’s $19 Billion Hostile Takeover Bid for Sabadell Falls Through
The development draws to a close a hostile pursuit by Spain’s second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.
Articles by Erin Slifka
US Business
Bavarian Nordic’s Largest Shareholder Stands Firm Against $3.1 Billion Private-Equity Takeover Bid
ATP’s rejection of a sweetened bid from private-equity firms for the vaccine maker casts doubt over whether the deal will go through.
US Business
Smiths Group to Sell Smiths Interconnect to Molex in $1.75 Billion Deal
The divestment is part of its strategy to become a more focused industrial engineering company.
US Business
Lone Star Funds to Buy Hillenbrand for About $2.25 Billion
Hillenbrand has agreed to be acquired by private-equity firm Lone Star Funds for about $2.25 billion.
US Business
Gucci Owner Kering Nears $4 Billion Sale of Beauty Unit to L’Oréal
A deal would be an early move by new Kering CEO Luca de Meo to revive the luxury giant’s fortunes.
US Business
How a Handyman’s Wife Helped an Hermès Heir Discover He’d Lost $15 Billion
Nicolas Puech says his wealth manager isolated him from friends and family and siphoned away a massive fortune. Then came the clue that began to reveal the deception.
US Business
The A-List Turned on Marc Benioff. Now He’s Sorry.
The Salesforce CEO apologized for his comments on the National Guard.
US Business
Marc Benioff Apologizes for National Guard Comments
The Salesforce CEO had called for President Trump to send the National Guard to San Francisco.
US Business
Tesla Shareholders Urged to Reject Musk’s $1 Trillion Pay Package
Proxy adviser ISS recommends investors reject moonshot pay deal and investment in xAI However, investors have blessed Musk’s prior pay packages despite similar opposition.
Government
City receives substantial grant to renovate Parr Hill Park in central Joplin
The Missouri Department of Natural Resources’ Division of State Parks has awarded the City of Joplin an Outdoor Recreation Legacy Partnership (ORLP) grant to help fund renovations at Parr Hill Park, located near 18th Street […]