Who will win the Superbowl?

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Who will win the Superbowl?

Mergers and acquisitions

FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)
KNSS News
January 17, 2020 - 1:34 pm

Fiat Chrysler in talks with Foxconn to develop electric cars

MILAN (AP) — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)
KNSS News
December 18, 2019 - 9:02 am

Fiat Chrysler and Peugeot sign deal for 50-50 merger

MILAN (AP) — The boards of Fiat Chrysler Automobiles and PSA Peugeot on Wednesday signed a binding merger deal creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies. The companies said...
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FILE - In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif. Google plans offer checking accounts run by Citigroup and a credit union, according to a report by The Wall Street Journal. (AP Photo/Jeff Chiu, File)
December 17, 2019 - 5:28 am

UK opens inquiry into Google's takeover of data company

LONDON (AP) — Britain's competition watchdog said Tuesday it launched a formal inquiry into Google's takeover of cloud data analytics company Looker Data Sciences, as it intensifies scrutiny of technology deals. The Competition and Markets Authority said it had notified the two companies on Monday...
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December 16, 2019 - 4:55 am

UK-Canada cinema merger aims to compete with AMC

LONDON (AP) — British-based Cineworld says it will buy Canada's Cineplex for about $1.7 billion to create North America's largest chain of movie theaters and better compete with AMC Entertainment. The management of both companies have approved the deal, which is banking on the continued appeal of...
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December 10, 2019 - 5:46 am

Food delivery service Just Eat rejects new takeover offer

LONDON (AP) — Food delivery company Just Eat rejected a sweetened takeover bid from investment firm Prosus on Tuesday, saying that the 5 billion pound ($6.6 billion) offer still “significantly undervalues” the company. Prosus N.V., which is owned by the wealthy South African investment group...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
KNSS News
November 25, 2019 - 1:54 pm

Charles Schwab buys TD Ameritrade in brokerage blockbuster

NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. French luxury giant LVMH Moet Hennessy Louis Vuitton said Monday Nov. 25, 2019, it has reached a deal to buy U.S.-based jewelry legend Tiffany & Co for $16.2 billion. (AP Photo/Wilfredo Lee, File)
November 25, 2019 - 12:27 pm

French luxury group LVMH to buy Tiffany for $16.2 billion

PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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November 25, 2019 - 4:25 am

Mitsubishi, Chubu to take over Dutch energy giant Eneco

THE HAGUE, Netherlands (AP) — Dutch energy company Eneco says it has agreed to a proposed 4.1 billion-euro ($4.5 billion) takeover by Japanese corporations Mitsubishi and Chubu. Eneco said in a statement Monday that Mitsubishi will fund 80% of the deal and Chubu the remaining 20%. The company,...
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November 17, 2019 - 8:28 pm

HP rejects takeover offer from Xerox

HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine. HP, which makes...
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November 13, 2019 - 5:02 am

Chinese buyer of British Steel looks to grow abroad

BEIJING (AP) — Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home market dominated by giant state-owned mills. The deal adds to a string of global acquisitions by Chinese companies that want to speed their growth in industries...
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