Industry

Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

industry

BP Faces Takeover Interest from Major Energy Giants Amid Share Price Decline

BP becomes a takeover target for energy giants like Shell and Exxon amid declining share prices and past liabilities.

#bp, #oil, #acquisition, #energy, #takeover

industry

Capital One to Acquire Discover Financial Services in Landmark $35.3 Billion Deal

Capital One's $35B acquisition of Discover, approved by U.S. regulators, to become top U.S. credit card issuer.

#capitalone, #discover, #banking, #merger, #creditcards

industry

Crown Estate Approves 4.7 GW Offshore Wind Expansion, Boosting UK Energy Goals

UK advances to 50 GW offshore wind target with new 4.7 GW approval, despite economic and logistical hurdles.

#offshorewind, #renewableenergy, #ukenergy, #climateaction

industry

Panasonic Announces 10,000 Job Cuts Following Profit Decline

Panasonic to cut 10,000 jobs amid profit slump, focusing on EV battery growth.

#panasonic, #layoffs, #evbatteries, #restructuring, #profitdecline

industry

TE Connectivity to Acquire Richards Manufacturing for $2.3 Billion

TE Connectivity announces acquisition of Richards Manufacturing to strengthen its role in the U.S. power grid modernization.

#teconnectivity, #acquisition, #electricalutilities, #richardsmanufacturing

industry

MHA to Acquire Baker Tilly's Greek and Cypriot Operations for €24 Million

UK accountancy firm MHA expands by acquiring Baker Tilly's Greece and Cyprus units for €24m, enhancing its international footprint.

#mha, #bakertilly, #acquisition, #accountancy, #expansion

industry

DoorDash's $3.9 Billion Acquisition of Deliveroo Marks Major Industry Consolidation

DoorDash to acquire UK competitor Deliveroo for $3.9 billion, expanding its global presence in over 40 markets.

#doordash, #deliveroo, #acquisition, #fooddelivery, #business

industry

Global M&A Activity Plummets Amid Trump's 'Liberation Day' Tariffs

Global M&A hits 20-year low as US tariffs introduce market uncertainty. Deal values fall, affecting manufacturing more than tech sectors.

#tariffs, #manda, #globaldeals, #tradepolicy

industry

Global M&A Hits 20-Year Low Amid Trump's Tariff Surge

M&A activity drops as President Trump's trade war and tariffs disrupt global markets, with tech sectors remaining resilient.

#mergers, #trade, #tariffs, #markets

industry

Bill Ackman Invests $900 Million in Howard Hughes Holdings, Aims for Conglomerate Status

Bill Ackman boosts stake in Howard Hughes to 46.9%, moving to transform it into a diversified conglomerate akin to Berkshire Hathaway.

#billackman, #howardhughes, #investment, #conglomerate, #berkshirehathaway

industry

Warren Buffett to Step Down as CEO of Berkshire Hathaway, Greg Abel Named Successor

Warren Buffett announces retirement as CEO of Berkshire Hathaway, Greg Abel to succeed.

#warrenbuffett, #berkshirehathaway, #gregabel, #corporatetransition, #investment

industry

U.S. Energy Storage Sector to Invest $100 Billion in Domestic Battery Production

Amid potential tariffs on Chinese imports, U.S. energy sector pledges $100B for homegrown battery manufacturing by 2030.

#energy, #batteries, #us, #china, #tariffs

industry

Skechers to Be Acquired by 3G Capital in $9.4 Billion Deal

Skechers is to be acquired by 3G Capital in a $9.4 billion deal amidst trade challenges, maintaining existing leadership and headquarters.

#skechers, #3gcapital, #acquisition, #footwear, #trade

industry

UBS Appoints Kelvin Quezada as Managing Director in Strategic M&A Expansion

UBS hires former Barclays exec to strengthen U.S. investment banking amid competitive industry shift.

#ubs, #investmentbanking, #mergersandacquisitions, #leadership

industry

Adani Defence Acquires Air Works India for β‚Ή400 Crore

Adani Defence expands in MRO sector by acquiring Air Works India for β‚Ή400 crore, boosting civil and defense aviation capabilities.

#adani, #defence, #mro, #aviation, #india