corporate-strategy
Pret Takes $749 Million Goodwill Hit Due to Global Uncertainty, Rising UK Costs
Anglo American Nears Deal to Acquire Teck Resources, Bloomberg News Reports
FinanceChipmaker Iqe Considers Sale as Shares Slide on Lowered Earnings Guidance
Dick's Sporting Goods Completes $2.4 Billion Foot Locker Deal
Stellantis to Scrap Target of 100% EVs by 2030, Says Europe Chief
Date: September 8, 2025
MUNICH (Reuters) -Franco-Italian carmaker Stellantis will no longer pursue a target of producing only electric vehicles by 2030, said Jean-Philippe Imparato, head of enlarged Europe, on Monday, adding...
UK Insurer Phoenix's Lower Book Value Drags Shares, Plans Rebrand to Standard Life
Date: September 8, 2025
(Reuters) -British insurer Phoenix Group said on Monday it would rebrand as "Standard Life Plc" in March 2026. The UK's largest long-term savings and retirement group, said that it remains "firmly" on...
Mercedes Keeps 'value Over Volume' Approach in Tough Chinese Market
Date: September 7, 2025
By Christoph Steitz and Christine Uyanik MUNICH (Reuters) -German luxury automaker Mercedes-Benz is sticking with its premium strategy in its main market China, where a brutal pricing war has cost the...
Marchon-Owner Vsp Vision Buys Maker of Tom Ford Glasses Marcolin From Pai
Date: September 5, 2025
MILAN (Reuters) -California-based VSP Vision, the owner of eyeglasses manufacturer Marchon, has agreed to buy Italian spectacles maker Marcolin from private equity firm PAI Partners, the two eyewear...
Safran Weighs Sale of Aircraft Interiors Assets Worth $1.76 Billion, Ft Reports
Date: September 5, 2025
(Reuters) -French aerospace and defense group Safran is exploring the sale of a large part of its aircraft interiors business, the Financial Times reported on Friday, citing three people familiar with...
BBVA Set to Launch 14.9 Billion Euro Hostile Bid for Sabadell on Monday
Date: September 5, 2025
MADRID (Reuters) -Spain's stock market supervisor on Friday approved BBVA's takeover offer to acquire smaller lender Sabadell. The green light is part of the regulatory process for the Spanish bank's...