Thursday, January 20th, 2022

Tag: deal

Is Electronic Arts the next to get bought in the gaming deal frenzy?

Gamers (and investors) are now betting on which company might be the next to get scooped up. Wall Street seems to thinks that Electronic Arts, which makes the super popular Madden NFL franchise of...

Sudanese Prime Minister’s resignation triggered by military reneging on deal, sources say

A video address from Hamdok posted on the verified YouTube account of the Prime Minister’s office Sunday confirmed he had resigned. Hamdok previously stated a key demand of the November 21 deal was independence...

US Special Envoy for Iran warns of “escalating crisis” if talks fail to revive Iran nuclear deal

“At some point in the not-so-distant future, we will have to conclude that the JCPOA is no more, and we’d have to negotiate a wholly new different deal, and of course we’d go through...

Asbury Automotive wraps up $3.2B deal for Larry H. Miller Dealerships

Asbury Automotive Group Inc. formally expanded into several new western states and picked up an estimated $5.7 billion in annualized revenue after closing Friday on the purchase of Larry H. Miller Dealerships, a deal...

Canoo revs up U.S. EV production plan and drops overseas deal

EV startup Canoo Inc on Wednesday said it was accelerating its production plans in the U.S. and ending its deal for VDL Nedcar in the Netherlands to serve as its contract manufacturer in Europe....

UAE suspends multi-billion dollar weapons deal in sign of growing frustration with US-China showdown

“The UAE has informed the US that it will suspend discussions to acquire the F-35,” an Emirati official told CNN. “Technical requirements, sovereign operational restrictions, and cost/benefit analysis led to the re-assessment.” “The UAE...

Federal government cancels COVID-19 vaccine manufacturer’s multimillion-dollar deal

The federal government has canceled a multimillion-dollar deal with COVID-19 vaccine manufacturer Emergent BioSolutions after its facilities were found to have produced millions of contaminated Johnson & Johnson vaccine doses.  Emergent, which is based...

White House reaches deal to reinstate Trump-era ‘Remain-in-Mexico’ asylum policy

The Biden administration announced Thursday it has struck a deal with the Mexican government to reinstate a Trump-era border policy that forces asylum seekers to stay in that country until their U.S. immigration court...

Group 1 finalizes acquisition of 27 Prime stores; original deal called for 30 stores

Group 1 Automotive Inc. has completed the purchase of 27 dealerships from Prime Automotive Group — about a week ahead of its planned date to close on the mega transaction it announced in September...

Evergrande shares slip after striking a deal to raise $273 million

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters The sale of HengTen is Evergrande’s latest effort to raise capital. The deal is worth 2.13...