Investor pressure builds for Seven & i shake-up, including 7-Eleven spin off

[ad_1] NEW YORK/TOKYO, April 5 (Reuters) – Another major shareholder in Seven & i Holdings (3382.T) is pushing the company to spin off its 7-Eleven convenience store chain and wants…

Canada’s Teck Resources rejects Glencore’s $22.5 billion merger bid

[ad_1] LONDON, April 3 (Reuters) – Teck Resources (TECKb.TO) on Monday, citing a reluctance to increase exposure to coal and energy, rejected an unsolicited $22.5 billion bid from London-listed miner…

Cineworld ditches sale of US, UK businesses after failing to find buyer

[ad_1] April 3 (Reuters) – Cineworld (CINE.L) said on Monday it would no longer put up for sale its U.S., UK and Ireland businesses as the movie chain operator failed…

Finnish forestry firm UPM sells all of its Russia business

[ad_1] April 3 (Reuters) – Finnish forestry firm UPM-Kymmene (UPM.HE) said on Monday it has sold of all its operations in Russia to Gungnir Wooden Products Trading. “The parties have…

Thyssenkrupp’s restructuring plan has ‘failed’, labour bosses say

[ad_1] FRANKFURT/DUESSELDORF, March 31 (Reuters) – German industrial group Thyssenkrupp’s (TKAG.DE) powerful labour representatives lashed out at leadership on Friday, demanding a strategic roadmap while saying that CEO Martina Merz’s…

Spain’s Acciona hires banks for IPO of $9.6 bln energy unit

[ad_1] MADRID, April 14 (Reuters) – Spanish conglomerate Acciona (ANA.MC) is stepping up preparations for a stock market listing of its renewable energy unit and has hired banks to lead…

Sanofi looks to spin off consumer business in India – ET

[ad_1] March 31 (Reuters) – French drugmaker Sanofi (SASY.PA) has started a process to turn its India consumer healthcare business into a listed entity via a demerger, the Economic Times…

Investor Elliott wants GSK leadership settled before split

[ad_1] Elliott says decisions to be made on leadership Criticises GSK performance in open letter In response, GSK says addressing ‘legacy issues’ LONDON, July 1 (Reuters) – Activist investor Elliott…

China’s JD.com to spin off industrial, property units in Hong Kong float

[ad_1] March 30 (Reuters) – E-commerce firm JD.com Inc (9618.HK) said on Thursday it planned to spin off its property and industrial units and list them on the Hong Kong…

Australia’s Zip Co to divest businesses in Europe, South Africa

[ad_1] March 30 (Reuters) – Australian buy-now-pay-later (BNPL) firm Zip Co Ltd (ZIP.AX) said on Thursday it will divest its businesses in Central and Eastern Europe and South Africa, and…