) were higher while Japan’s Seven & i , the owner of 7-Eleven, closed nearly 11 per cent lower on Tuesday in Tokyo as investors weighed up regulatory hurdles to aWhile the value of the preliminary proposal by Circle-K owner Couche-Tard has not been disclosed, it would make the 7-Eleven parent the largest-ever Japanese target of a foreign buyout.
In 2021, Couche-Tard abandoned its US$20-billion bid for European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government. Both are winding down their domestic operations to ensure a stoppage at either railway will be orderly, with trains, crews and goods in safe positions.
The drugmaker disclosed the data from a three-year follow-up of a late-stage trial called “SUMROUNT-1″, the results of which were initially published in 2022.) have been pushing to extend the use of their obesity drugs to related conditions such as sleep apnea and heart conditions. A surge in digital scams, online threats and high-profile cybersecurity incidents have triggered robust demand for companies such as Palo Alto offering integrated security products.
Its revenue for the fourth quarter rose about 12 per cent from a year earlier to US$2.19-billion, beating the average analyst estimate of US$2.16-billion.) jumped after clearing a regulatory obstacle with the U.S. Department of Justice, just days after they agreed to extend a review period of their US$1.9-billion merger
Mergers and acquisitions in the aviation industry have faced tough scrutiny from regulators. Earlier this year, a federal judge blocked JetBlue Airways’ planned US$3.8-billion acquisition of ultra-low-cost carrier Spirit Airlines.The deal has an implied valued of 13.92 pence per i3 Energy share, which represents a premium of 49 per cent to the London-listed company’s Aug. 16 closing price.
Once the deal is completed, i3 Energy shareholders are expected to own up to 16.5 per cent of the combined company and its shares will be cancelled from trading on the AIM market of the London Stock Exchange and delisted from the Toronto Stock Exchange. Home Depot last week forecast a decline in annual profit and a bigger drop in annual comparable sales.
Home Depot and Lowe’s have tried to bulk up their Pro business to engage more repair and remodel contractors and property managers, as demand from individual customers for plumbing, kitchen cabinets and roofing works remains weak. Mr. Bronfman also would contribute US$1.5-billion to Paramount’s balance sheet, which could be used to pay down debt, the person said. The bid adds US$400-million to cover a breakup fee to end a rival deal.
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