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Morning Bid: Markets Ask Again of Trump: 'Can He Do That?'
Mercedes-Benz' Pension Trust Sells Nissan Holding for $324 Million, Source Says
Mercedes-Benz Offloads Nissan Stake for $325 Million, Source Says
Date: August 26, 2025
TOKYO (Reuters) -Shares in Nissan Motor slumped around 6% on Tuesday after its second-largest shareholder, Mercedes-Benz, said it would sell its 3.8% stake in the struggling Japanese automaker. The...
Puma Shares Soar on Report Pinault Family Exploring Sale of 29% Stake
Date: August 25, 2025
(Reuters) -Artemis, the holding company of France's Pinault family, is weighing options for its 29% stake in Puma SE, including a sale, Bloomberg reported on Monday, boosting the sportswear maker's...
White House's Hassett Says US Could Take Stakes in Other Chip Companies
Date: August 25, 2025
WASHINGTON (Reuters) -The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an...
Berlin Renews Opposition to UniCredit's Commerzbank Approach
Date: August 25, 2025
BERLIN (Reuters) -The German government continues to oppose UniCredit's plans to take over Commerzbank, a finance ministry spokesperson said on Monday, adding that the deal overtures were "...
Royalty Pharma to Pay up to $950 Million for Royalties From Amgen's Lung Cancer Drug
Date: August 25, 2025
(Reuters) -Royalty Pharma said on Monday it has signed a deal with BeOne Medicines to acquire a royalty interest in Amgen's drug for small cell lung cancer for up to $950 million. The deal gives...
Mercedes-Benz Pension Trust to Sell Its 3.8% Stake in Nissan Motor
Date: August 25, 2025
TOKYO (Reuters) -Mercedez-Benz's Pension Trust will sell around $346 million worth of shares it holds in beleaguered Japanese automaker Nissan Motor, a term sheet showed. The shares will be offered at...