Industry

NatWest to Buy Evelyn Partners for £2.7 Billion in Post-Privatization Wealth Push

NatWest agrees to buy wealth manager Evelyn Partners for £2.7bn cash, betting on fee income growth as investors fret over capital hit and price.

#natwest, #evelynpartners, #wealthmanagement, #ukbanking, #mergers

Refinery workers avert strike with four-year deal that adds first AI guardrails

United Steelworkers and Marathon Petroleum reach a four-year pattern deal with 15% raises and AI rules, averting a strike; BP Whiting talks loom.

#refineries, #labor, #unitedsteelworkers, #marathonpetroleum, #artificialintelligence

Netflix’s $82.7 Billion Bid for Warner Bros. and HBO Draws DOJ Second Request and Senate Scrutiny

Netflix’s planned purchase of Warner Bros. studios and HBO faces a deep DOJ antitrust probe, Senate grilling and a hostile rival bid from Paramount Skydance.

#streaming, #antitrust, #netflix, #warnerbros, #mergers

Disney Board Names Josh D’Amaro as Next CEO, Elevates Dana Walden to New Chief Creative Role

Disney taps parks chief Josh D’Amaro as CEO effective March 18, with Bob Iger shifting to senior advisor and Dana Walden named president and chief creative officer.

#disney, #ceo, #themeparks, #streaming, #hollywood

Fifth Third Completes $10.9 Billion Comerica Deal, Creating $294 Billion ‘Super-Regional’ Bank

Fifth Third closes its all-stock purchase of Comerica, expanding into Texas and the Sun Belt as branch closures and job cuts draw scrutiny.

#banking, #mergers, #fifththird, #comerica, #regulation

KKR-Singtel consortium to take full control of STT GDC in S$13.8 billion data center deal

KKR and Singtel agreed to buy full ownership of STT GDC, valuing the data center giant at S$13.8B, amid surging AI-driven power demand.

#datacenters, #kkr, #singtel, #ai, #singapore

India budget signals push beyond phone assembly with ISM 2.0, bigger components incentives

A brief Budget passage and a larger components scheme outlay signal India’s bid to build chips, materials and equipment—not just assemble electronics.

#india, #semiconductors, #electronics, #budget, #manufacturing

Six MLB teams move local TV rights to league for 2026 after FanDuel Sports Network misses payments

Reds, Royals, Marlins, Brewers, Cardinals and Rays will shift local broadcasts to MLB’s in-house unit in 2026 after missed RSN rights fees.

#mlb, #sportsbroadcasting, #streaming, #regionalsportsnetworks, #fanduel

Capital One to Buy Brex for $5.15 Billion, Expanding Push Into Corporate Payments

Capital One struck a $5.15B cash-and-stock deal for fintech Brex, betting on AI-native spend software as regulators weigh another big integration.

#capitalone, #brex, #fintech, #corporatepayments, #creditcards

ESPN Closes Deal for NFL Network, Giving League 10% Stake in ESPN

ESPN has completed its purchase of NFL Network and related assets, while the NFL takes a 10% equity stake—reshaping how fans get games, RedZone and fantasy.

#nfl, #espn, #streaming, #sportsmedia, #antitrust

India’s Battery PLI Falls Far Short: Just 1.4 GWh Built Against 50 GWh Target

A review finds India’s ACC battery PLI has delivered just 1.4 GWh so far, with no payouts made and near-total reliance on imported cells.

#india, #ev, #batteries, #pli

Hyundai Steel and POSCO press ahead with $5.8 billion low-carbon steel mill in Louisiana

Korean steel giants plan an ultra-low-carbon mill near Donaldsonville, aiming to supply Hyundai and Kia U.S. plants while raising local and environmental stakes.

#steel, #louisiana, #hyundai, #posco, #manufacturing

Netflix Switches Warner Bros. Bid to All-Cash Offer as Rival Bid and Antitrust Scrutiny Mount

Netflix rewrites its Warner Bros. deal as a $27.75-a-share all-cash offer, sharpening a takeover fight and intensifying U.S. and EU antitrust review.

#netflix, #warnerbrosdiscovery, #streaming, #antitrust, #mergers

Telenor to Exit Thailand After 25 Years in NOK 39 Billion Sale of True Stake

Norway’s Telenor will sell its entire 30.3% holding in True Corp to Thai billionaire Suphachai Chearavanont’s firm, deepening telecom localization.

#telenor, #thailand, #telecom, #truecorp, #mna

Capital One to Buy Brex for $5.15 Billion, Expanding Further Into Business Payments Software

Capital One agreed to buy fintech Brex for $5.15B, adding spend-management software after its Discover deal as regulators and investors weigh integration risk.

#capitalone, #brex, #fintech, #payments, #mergers