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Regulators approve Suntrust's merger with BB & T

Bundesbank regulators approved on Tuesday the merger of SunTrust Banks and its rival BB & T, breaking the hurdle of merging the financial giants into the country's sixth-largest bank. SunTrust of Atlanta and BB & T of Winston-Salem, NC, announced plans to join forces in February. The combined bank will be based in Charlotte, but Atlanta will retain the corporate …

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Yahoo Japan and Line Corp Confirm Merger Agreement – TechCrunch

The SoftBank Corp. announced today that it has entered into an agreement to merge with Z Holdings (formerly known as Yahoo Japan's SoftBank subsidiary) and Line Corp. has met. The merger, which Nikkei first reported last week, is expected to close in October 2020. SoftBank and Naver, owners of Line, will each hold 50% of a new holding company that …

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The merger of Xerox and HP is child's play, says Carl Icahn

Activist investor Carl Icahn urges the proposed merger of Xerox Holdings Corp. and HP Inc., arguing that a combination of printer manufacturers could bring big profits to investors. Icahn, which holds a 10.6% interest in Xerox, headquartered in Norwalk, Connecticut XRX + 0.40% told the Wall Street Journal that it also owns 4.24% of HP HPQ, + 0.00% worth about …

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Fiat Chrysler and Peugeot are expected to sign a binding merger agreement in early December: Quelle

This picture shows logos of Peugeot and Fiat taken on October 31, 2019. PSA ( PEUP.PA ) intends to sign a final merger agreement early next month, like one with The source familiar source announced on Saturday. The two automakers announced earlier this week that they are planning a 50:50 merger to create the world's fourth-largest automaker. They strive for …

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Fiat Chrysler and Peugeot confirm merger

A Jeep Renegade 4×4 e will be presented on March 5, 2019 at the Geneva Motor Show. The sign in the background says "FCA Fiat Chrysler Automobiles" to which the Jeep belongs. Uli Deck | Image Alliance | Getty Images Peugeot (PSA) and Fiat Chrysler (FCA) confirmed on Thursday their intention to create the world's fourth-largest auto maker in a …

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Peugeot owner in merger talks with Fiat Chrysler

Image Rights Getty Images PSA Group, the French owner of Peugeot, is examining a merger with its US-Italian rival Fiat Chrysler. A deal between the two automakers would create a deal with a combined market value of nearly $ 50 billion (£ 39.9 billion). This is Fiat Chrysler's second merger attempt this year after retiring from Renault in June Fiat …

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Shareholders agree to a merger that will create a new giants in aerospace and defense technology

Greg Hayes, CEO of United Technologies, and Tom Kennedy, CEO of Raytheon, on the long-term impact of the merger. Aerospace company United Technologies and defense company Raytheon moved one step closer to becoming the second largest aerospace company to merge the two companies. Companies jointly announced Friday that shareholders voted "overwhelmingly" over all proposals for a "merger of peers" between …

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Philip Morris, merger of Altria Eye, to meet the new challenges of investing.com's tobacco consumption

© Reuters. Investing.com – The companies behind the world's most famous cigarette brand want to reunite. Philip Morris International (NYSE 🙂 and Altria (NYSE 🙂 have announced on Tuesday that they will participate in talks to execute a contract all-stock merger, a transaction involving a company with a value of more than 200 billion 11 years after the breakup to …

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