Australia’s Link Administration Holdings (Link Group) said on Monday that it is in advanced discussions to settle a probe into its UK-based Link Fund Solutions (LFS) unit and to sell the firm to Dublin-based...
BBVA gets regulatory backing for $1.77 bln bid for Turkish lender Garanti
Spain’s BBVA said on Thursday it had secured the regulatory approval needed to launch a voluntary takeover bid for the 50.15% stake it does not already own in its Turkish unit Garanti as it increases its bet on...
Lockheed scraps $4.4 bln deal to buy Aerojet amid regulatory roadblocks
U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. The Federal Trade...
AMENDMENTS TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, IN RELATION TO REGULATORY PROVISIONS ON RELATED PARTY TRANSACTIONS (RPT’S)
SEBI (Securities Exchange Board of India) in its Board meeting held on September 28, 2021, approved the amendments in RPT (Related Party Transactions) framework that were proposed by the Working Group1 ('WG') in January...
Big mergers unlikely in 2022 as Biden regulatory squeeze intensifies
Large tie-ups between publicly listed companies will be off the table in 2022, as a crackdown by the Biden administration makes securing regulatory sign-off for combinations increasingly difficult, senior dealmakers...
Self-driving truck startup Plus, Hennessy Capital pull merger on regulatory uncertainty
Self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V have called off their merger, the companies said on Monday, citing developments in the regulatory environment outside the United...
ZEE merger with Sony TV may face regulatory delays
The proposed merger of Zee Entertainment Enterprises (ZEE) and Sony Pictures Networks India (SPN) will need regulatory and compliance permissions, approval from 75% of shareholders, and could face integration issues...
Illumina closes $7.1 billion deal for cancer test maker Grail amid regulatory hurdles
Illumina Inc has completed its $7.1 billion acquisition of cancer detection test maker Grail Inc, it said on Wednesday amid challenges posed by the U.S. Federal Trade Commission and the European Union antitrust...
Bank privatisation inches ahead; Cabinet Secy-led panel brainstorm regulatory issues on disinvestment
Inching a step closer to privatisation of two public sector banks, a high-level panel headed by the cabinet secretary recently held a meeting to thrash out various regulatory and administrative issues so that the...
PNB Housing-Carlyle deal in a regulatory fix
The Rs 4,000-crore Carlyle deal with PNB Housing Finance could be in a regulatory fix as the mortgage lender is likely to challenge a Securities & Exchange Board of India order that required an independent valuation...
Kansas City Southern says it will talk with rival bidder CN; CP welcomes regulatory ruling
Canadian Pacific Railway on Saturday welcomed a favorable regulatory decision related to its proposed merger with Kansas City Southern, on the same day that Kansas City said its board has determined that a competing...
CN Rail kicks off regulatory approval process for $30 billion Kansas bid
Canadian National said on Wednesday it had notified the U.S. Surface Transportation Board of its intent to buy Kansas City Southern after it made an unsolicited $30 billion bid for the U.S. railroad. Canadian National...