corporate-strategy

Image for Campari sells Averna and Zedda Piras in 100 million euro dealFinance

Campari Sells Averna and Zedda Piras in 100 Million Euro Deal

Image for Mercedes savings drive proceeding as planned by end 2027, spokesperson saysFinance

Mercedes Savings Drive Proceeding as Planned by End 2027, Spokesperson Says

Image for Rheinmetall to sell civil business, takes 350 million euro impairmentFinance

Rheinmetall to Sell Civil Business, Takes 350 Million Euro Impairment

Image for Telefonica to delist ADSs from NYSE over cost, administrative burdensFinance

Telefonica to Delist ADSs From NYSE Over Cost, Administrative Burdens

Image for Kraft Heinz's new CEO to oversee corporate split, possible asset sales

Kraft Heinz's New CEO to Oversee Corporate Split, Possible Asset Sales

Date: December 17, 2025

By Jessica DiNapoli and Abigail Summerville NEW YORK, Dec 17 (Reuters) - Kraft Heinz's decision to tap Steve Cahillane - the dealmaker who steered Kellogg through one of the packaged food industry's...

Image for Unions say Telefonica scales back Spain layoff plan by a quarter

Unions Say Telefonica Scales Back Spain Layoff Plan by a Quarter

Date: December 17, 2025

Dec 17 (Reuters) - Spain's Telefonica has presented a final proposal to cut more than 4,500 jobs across several units in Spain, union representatives said on Wednesday, describing the plan as fully...

Image for Bunzl shares hit by operating margin outlook

Bunzl Shares Hit by Operating Margin Outlook

Date: December 17, 2025

Dec 17 (Reuters) - Business supplies distributor Bunzl forecast a slight year-on-year drop in its 2026 operating margin on Wednesday as broader macroeconomic uncertainties weigh on its business, while...

Image for Diageo sells East African Breweries stake to Asahi for $2.3 billion

Diageo Sells East African Breweries Stake to Asahi for $2.3 Billion

Date: December 17, 2025

Dec 17 (Reuters) - Diageo, the world's largest spirits maker, plans to sell its 65% stake in East African Breweries to Japan's Asahi Holdings for about $2.3 billion, the maker of Johnnie Walker whisky...

Image for Discounter Pepco eyes faster 'cookie-cutter' store rollout after profit jump

Discounter Pepco Eyes Faster 'cookie-Cutter' Store Rollout After Profit Jump

Date: December 17, 2025

GDANSK, Poland, Dec 17 (Reuters) - European discount retailer Pepco Group on Wednesday guided for underlying core profit growth of at least 9% and 250 store openings in the 2026 financial year,...

Image for Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say

Warner Bros Likely to Reject $108.4 Billion Paramount Bid, Back Netflix in Bidding War, Sources Say

Date: December 16, 2025

By Milana Vinn and Dawn Chmielewski Dec 16 (Reuters) - Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board...