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View all search resultsacquisition
Companies 1 year ago
PREMIUM
BTN to acquire Bank Victoria Syariah to spin off its sharia unit
According to Financial Services Authority (OJK) regulation, sharia banking units with assets exceeding Rp 50 trillion (US$3.04 billion) must either spin off into separate entities or merge their assets with other sharia banks within two years of crossing the threshold.
Companies 1 year ago
Bosch weighs offer for appliance maker Whirlpool, sources say
German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the household appliances market.
Companies 2 years ago
Japan's Nippon Steel to acquire US Steel for $14.9 billion
The deal price of $55 per share represents a whopping 142 percent premium to Aug. 11, the last trading day before Cleveland-Cliffs unveiled a $35-per-share, cash-and-stock bid for US Steel. It is a bet that US Steel will benefit from the spending and tax incentives in President Joe Biden's infrastructure bill.
